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Crypto Miner Life Style!

  • Writer: Andre Maia
    Andre Maia
  • Apr 15, 2018
  • 1 min read

What are miners doing?


Principally everybody can be a miner. Since a decentralized network has no authority to delegate this task, a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. Imagine someone creates thousands of peers and spreads forged transactions. The system would break immediately.

Before I even start to trade I bought my first rig back on September 2017, accumulating until today 9 of them with 6 X RX580 GPUs each mining just ETH with periods of dual mining.

So far I have made over $6000 after electricity costs and start the adventure in trading with the ETH mined increasing my profits.

I recommend you to buy a rig before start the trading and understand how whole process of cryptocurrencies works and in case of any dough just droop me a line.



 
 
 

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