Presently Cryptocurrency is springing like a mushroom they are all over world saying soon it will be the main currency and pronounced every one of them can be profitable yet which one? At first is we need to know what is bitcoin?
What is Bitcoin?
Bitcoin is the father of cryptocurrency a kind of digital money and practically all altcoins calculation relies upon bitcoin algo development, the thing is traders simply need to foresee the development so they can sell high and purchase low and gain some of it, but not all is fortunate enough to anticipate that so there’s such a significant number of trader’s misfortune a few and searching for increasingly stable profit switching to mining.
What is Cryptocurrency Mining?
Next we need to know is what is Cryprocurrency Mining? is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. When it comes to Cryptocurrency, a reward is provided to whoever solves for the correct value. That makes it lucrative to compute the correct value, though it takes quite a bit of power to accomplish that.
So we can easily say that continuous mining is continuous income right? But is not that easy my friend because first of all cryptocurrency value only depends on buyer and seller on it so it can be controlled or maybe not, no one can answer that, due to this reason the value is not stable. It so inconsistent that it became the worst enemy in cryptocurrency world the volatility.
Let’s look up how cloud mining companies handle this problem.
- Brikoin ICO has developed a unique financial model to answer the huge deficit in the affordable housing availability in the UK while solving the lack of liquidity for investments into private developments. They got a really unique approach but currently focused on UK, im sure it takes time to applying in the other country. Because of their real estate business they can find a way controlling unstable value of crypto.
- Gominer Company ICO is a token based cloud mining this really caught my eye due to their unique solution about volatility. They have the first multi-mining technology that can mine multiple cryptocurrency all at the same time and picks the most profitable crypto at the moment that i think can stable mining algorithm movement a perfect solution in cryptocurrency volatility.
- Walleteum ICO is a wallet management system that allows users to quickly and easily interact with their coins, while tracking and monitoring diverse assets. Walleteum ICO will allow users to view, send and receive balances of any supported cryptocurrency. Focusing on their called best of wallet approach making fee more less and transact faster. Having extra funds they can play with the algorithm.
All of them have a presentable unique approach and strategy’s so where going to the last question.
How can we know if they are scam or legit! By google search.
- Website and White Paper. So far I read is Gominer Company and Walleteum ICO I don’t know where to find in Brikoin ICO whitepaper. So far they both have a wide array of explanation and system, but I find cooler is on Gominer, yes they got very informative whitepaper also it’s in html format is almost like a site and it gets more entertaining to read unlike old school kind of whitepaper in pdf format and I can say it’s boring maybe they do it intentionally so they can have less readers equals less haters right? Point at you scammers! Because of that I successfully read the whole whitepaper of gominer and totally understand it 100%. Thumbs up!
- Absence of Named Developers. It takes guts and all of them have a reliable history in cryptocurrency community,
- No Clear Roadmap. So far this 3 companies got a reliable and reasonable roadmap so I think it’s a tie.
- Skewed Mining Structure. They all got a well explained structure, Although the gominer multi-mining is on the top and gives the only solution in Volatility
- Uncapped Fundraising Goal. I’ve search that all of them has a history in other business before making an ICO specially Brikoin, Reasonable to say that they got enough funds to start an ICO,
Free to do your own analysis this is only my suggestion. I really want you guys to choose a side and i’m here to guide. Thanks guys hope it helps and supports crypto mining community.
So what do you guys think is currently the best and legit crypto mining company that you can rely on? Is there a better way preventing scam company? free to leave comments below.