You buy a fixed number of crypto miners with this package and we operate them on our farms.
What actually is Crypto Mining?
Mining is the guardian of the blockchain. It monitors the transactions and the blockchain. A single guard is just a server, albeit highly custom made and programmed.
And only when thousands of servers (security guards) confirm the transaction can it be executed. This prevents criminals from cracking the blockchain. You would have to access over 50% of all servers to be able to change the protocol.
Since over 1 million people are currently mining worldwide, there are x times more servers. A digital burglary is therefore too expensive and therefore uninteresting.
(Represented in a very simplified way. For a more detailed mining explanation, you are welcome to book an appointment and we will go into the absolute mining canned)
Kadena Mining – how to make money with it?
With mining, each server involved in the transaction gets a share of the mining proceeds. And that fully automatically. (also shown here, simplified).
The more transactions a mining server can calculate, the more it earns. Fully automatic.
The more servers you set up, the more money you make.
All you need now is a good, safe and reliable location where you can set up as many miners as possible. And the price of electricity should also be cheap, since this is basically the gasoline of the mining engine.
What do you need to do after purchasing this Kadena mining package?
To set it up, we only need your wallet addresses for the respective coins. A wallet address is your digital wallet. You will find out how it works and where to set it up after you have bought it. It’s easy and fast.
You don’t have to do anything else now. We take care of shipping your miners to one of our farm locations.
What does the 3.30% yield refer to?
This is the mixed mining package name. This means that by purchasing this product you have a return of about 3.30 % per month. The returns are always very dependent on the particular crypto course the device can mine.
It is then calculated: purchase price * 3.30% = your surplus per month.
The Kadena Blockchain
Blockchain meets maximum throughput per second with Kadena: With up to 500,000 transactions per second, the Kadena network is the strongest and most resilient network! And all this with the highest level of security thanks to the Proof of Work process.
The company was founded by Stuart Popejoy and Will Martino, both of whom previously worked for the large US bank JPMorgan. Interesting to know: Popejoy and Martino were also the ones who developed the first blockchain from JPMorgan.
Kadena not only offers full smart contract functionality, but also provides the appropriate and easy-to-learn programming language PACT.
If you compare the throughput with Bitcoin of 7 transactions per second, you quickly wonder how Bitcoin has gotten so big.
Visa currently manages a theoretical 56,000 transactions per second, but in reality this is usually more in the direction of 2-3,000 transactions per second.