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Description
BTG, or Bitcoin Gold, is a cryptocurrency that incorporates the foundational principles of Bitcoin while being mined using standard GPUs rather than specialized ASIC hardware. This shift to GPU mining democratizes the process, allowing individuals to participate in mining rather than concentrating power in the hands of a few large entities that dominate the ASIC market, thereby promoting decentralization and autonomy within the network. The rewards from GPU mining are distributed globally, empowering individual miners instead of merely benefiting warehouse owners who operate ASICs, effectively reviving the network effects that were once characteristic of Bitcoin. Furthermore, Bitcoin Gold is augmented by the Lightning Network, a solution that facilitates the processing of nearly unlimited transactions per second, exemplifying a "second layer" approach built on the foundational blockchain. These second layers and side chains are crucial for enabling advanced technologies such as smart contracts, which can execute at impressive speeds while being secured by the BTG mainchain. Ultimately, BTG not only enhances the cryptocurrency landscape but also maintains close compatibility with Bitcoin by incorporating features like SegWit and the Lightning Network, all without consuming the same level of hash power or competing for the title of the "true Bitcoin." This innovative approach ensures that BTG remains a valuable player in the evolving crypto ecosystem.
Description
Users of Cryptonex have the opportunity to earn profits through cloud mining, which offers an annual return of 12.11%. Out of this total, 1% serves as a bonus added to the initial deposit, while the remaining 11% is generated from P-o-S mining activities. It's important to note that this profit calculation excludes any potential appreciation in the value of CNX. To start earning rewards from cloud mining, users must register and purchase CNX in the "CNX exchange" section, with deposits being automatically allocated to the cloud mining service. Each deposit is locked in for a duration of one year, during which users will receive a 1% bonus on their deposit amount. Income from the cloud mining deposits begins accumulating from day one, and users have the freedom to utilize the mined coins as they see fit. Furthermore, CNX cloud mining benefits from the backing of bitcoin mining, as Cryptonex invests in bitcoin mining equipment using funds obtained from CNX sales, which are held for a year. This strategic approach not only facilitates the recovery of investments but also ensures a steady income stream for participants. As a result, users can enjoy both the benefits of mining and the potential for increased asset value over time.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Bitcoin Gold
Website
bitcoingold.org
Vendor Details
Company Name
Cryptonex
Founded
2017
Country
United Kingdom
Website
cryptonex.org
