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WHAT’S THE INCENTIVE FOR MINERS?

It all comes down to trust: Miners keep the blockchains trustworthy and are rewarded for their efforts.

As miners, we are processing and verifying the transactions of the cryptocurrency ecosystems and keeping their public transaction history (Blockchains) maintained and secure. For this, the mining community is rewarded with the networks’ transaction fees and newly created coins. It’s a win-win situation! When you start mining with us, you are getting your share of this reward.

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HOW IS BITCOIN KEPT SECURE?

The only way to not create money out of thin air or corrupt it, is to burn real energy.This is called Proof-Of-Work.

Today, bitcoin is the most secure computer network on the planet and it’s practically impossible to break it! The reason for that is hash power, the umbrella term used for the computing power that miners provide to the bitcoin network and similar cryptocurrency networks. Due to the rapid growth of the ecosystem, mining operations today are mostly running with specialized high-performance computers that function most efficiently set up in large data centers.