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Aberdeen, Hong Kong, September 16, 2020. – More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC to have spare computing resources contribute to the surplus to help maintain the cryptocurrency network and earn rewards in return.
The prospects for the mining award mentioned here have led entrepreneurs to innovate ways to make mining more profitable. In the process, they have manufactured specialized mining devices that not only get the business done faster, but also improve business profitability while at it. The aforementioned changes now mean that anyone looking to make money from Bitcoin and cryptocurrency mining has to invest a colossal amount of capital to afford the expensive devices. Furthermore, the cost of the electricity required to support the process is exorbitant.
Despite the incredible pace of change in the industry, an innovative entrepreneur is his single boot they are preparing the industry for major changes. The individual, Thomas Norberg, is a Russian-born businessman with a vision to make Bitcoin and cryptocurrency mining more user-friendly and less expensive to associate.
Thomas Norberg – The man, the innovator
Thomas was born in Russia. After earning elementary education in his native country, he sailed for supervisors, landing in Sweden where he enrolled in a Masters in International Business Management, which he successfully completed.
After completing his undergraduate studies, Thomas entered the corporate world seriously. It was while he was here that he stumbled upon the new blockchain technology. Having been in the industry for more than 8 years, he can now speak authoritatively about the successes of the space, as well as the problems and challenges facing the industry.
Thomas has seen it all, or at least most of it. He started out as a cryptocurrency trader when not many people knew about virtual currencies. Between 2016 and 2018, when Initial Coin Offerings (ICOs) were all the rage, Thomas dove in and backed several projects with the proceeds from his trading days.
However, the technology is dynamic and there is no space where this claim is truer than the blockchain industry. Watching the comings and goings of space, it didn’t take Thomas long to see it insane and lopsided aspect of the industry that cryptocurrency mining had become. Baffled by the cost of hardware and runaway energy tariffs, Thomas joined a few entrepreneurs he’d met in the industry. Together, they came up with the idea of a cloud mining platform that has a unique yet friendly approach to business. And the trial yielded to Miny.cc.
Miny.cc – The unique approach to cloud mining
Miny is primarily a cryptocurrency wallet infrastructure. If a user creates an account on the platform, they also get a secure cryptocurrency wallet by default. The multi-currency wallet can store Bitcoin, Ethereum, Litecoin and MINY tokens.
However, the shining star of the platforms is its cloud mining plan. The plan is simple and easy to use. All a user needs to do is create an account, deposit cryptocurrencies into the provided wallet and convert the virtual currency into MINY tokens. Once the platform verifies the deposit, the user will be included in the mining pool where he will start receiving a share of the platform’s mining proceeds. Overall, the platform pays between 10% and 19% of the amount invested by a user, per month.
In addition to cloud mining, users can make money on the platform in several ways. The platform’s native token, MINY, for example, generates revenue. The cryptocurrency is made in such a way that for every successful transaction on the platform, a part of it burns. In doing so, the platform ensures that the number of MINY tokens in circulation decreases over time.
As the demand for coins is bound to increase over time as the quantity in circulation decreases, the value of the coin, as such, will increase. Users who hold the coins for an extended period can exchange them for other cryptocurrencies or cash them out as fiat and enjoy their profits.
However, users who have a large online following can cash in on this resource. The platform has an elaborate affiliate program that pays commissions for the referrals a user brings up to 20th downline.
The narrative above shows that Thomas Norberg is at stake for more than just profits. The Russian entrepreneur and his gang of associates want Bitcoin mining to be worth considering again. Furthermore, they want it to become an environmentally friendly and sustainable business. This is why Miny’s mining farm is located in Hong Kong. The region’s effort to go green makes its power affordable and attractive.
More information on Thomas Norberg and his unique project is available here.
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This is a press release. Readers should perform their own due diligence before taking any action related to the promoted company or its affiliates or services. Bitcoin.com is not liable, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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