Categories: Industry

WinMiner: A Way to Simplify Crypto Mining Operations

Mining can be an expensive endeavor. In fact, you have to spend on gear and on electricity. A lot of people are hesitant to invest in these things considering how you will have to replace your gear in order to compete against large-scale miners. Today, it becomes harder and harder to become a small-scale miner. For one, you are competing against miners from China that control 70% of the hash rate of the Bitcoin network. In addition to this, you also have to consider the fact that Bitcoin price has remained low.

WinMiner plans to change this. WinMiner is looking to provide a platform that makes it profitable and easy to mine cryptocurrencies. For users, they can easily start using their unused computer power and transform it into profit. The platform can provide you with estimates in USD. Here, you will know from the get-go if you should be able to earn some cash from using your computer to mine. The minimum payout is as little as $5.

One thing that makes it unique is the fact that it stops whenever the person is already going to use the computer. It also resumes once the person is done. The WinMiner platform is simple and user-friendly. This is especially inviting for those individuals that don’t have any background in the crypto industry or if you are just starting.

Good Number of Users

One of the problems with ICOs is that many of which don’t really have practical functions. There are those ICOs that were able to raise funds only for the investors to realize that they were duped. However, WinMiner is quite different. It has provided a real solution to the market. And because of this, it already has around 190,000 users.

WinMiner is about to launch the WinMiner token on Aion Network. It is going to be the first token sale on the protocol. What makes Aion network a good option for WinMiner is the fact that it supports a large and constantly growing user base of WInMiner in a very cost-efficient manner.

Matt Spoke who is the CEO at Aion Foundation mentioned that “Our work since the Aion network has launched is to create a technology that allows for projects to operate without constraints on speed, scale, cost, or specific networks. I am excited to have WinMiner marking one of the first projects to prove out this vision and look forward to working together to keep mining decentralized and open”.

A Solid Team

WinMiner’s team is also quite solid. They have industry experts that have experience on consumer applications that have resulted in harboring over 1 billion installs. For instance, they have Idan Feigenbaum who is the co-founder and CTO who is also known as the creator of the Download Accelerator Plus. He is responsible for powering 400 million installs. And also, you have the likes of Ariel Yarnitsky who is the co-founder and CEO of WinMiner. He has been known as a pioneer of instant messenger that was acquired by America Online in 1998.

Could this method of mining shake things up? Currently, mining can be stressful, not to mention you have to deal with regulations. There are some areas that require miners to pay a higher fee in their electricity use, not to mention you have to buy mining equipment.

Janneke Eriksen

Janneke is a writing ninja and has vast experience in journalism, specifically in the crypto space. As a blockchain believer and avid Bitcoin fan, she’s incredibly excited to share to our readers the latest news around so they are always updated wherever they are.

Share
Published by
Janneke Eriksen

Recent Posts

PayPal Has Just Launched the PayPal USD (PYUSD) Stablecoin

The biggest news in the crypto universe last week was the launch of PayPal’s own…

1 year ago

Country of Georgia Signs Memorandum of Understanding (MOU) with Tether

Earlier this week, the Government of Georgia inked a Memorandum of Understanding (MOU) with Tether,…

1 year ago

American Traders Using Palau Digital Residency to Access Crypto Services Like Binance

As reported by the Wall Street Journal, cryptocurrency investors are taking advantage of the Palau…

1 year ago

El Salvador to Harness Solar and Wind Energy for Bitcoin Mining

The country of El Salvador is a true cryptocurrency pioneer. In 2021, it became the…

1 year ago

Tether Plans to Buy $222M in BTC to Back Its USDT Stablecoin

By definition, stablecoins are cryptocurrencies that are meant to maintain stability in relation to a…

2 years ago

BTC Wallets of Russian Spies Exposed by a Hacker

An unidentified hacker has reportedly exposed a number of Bitcoin (BTC) wallets allegedly belonging to…

2 years ago