I remember the genesis of Mining, when men used to risk life and limb daily while trying to mine gold, no doubt, in some parts of the world, there are still traditional miners who toil all day and night hoping to hit gold. But in this technologically advanced world and with the invention of Blockchain technology which ushered in the era of cryptocurrencies, the world mining has started to evolve because Bitcoin and other cryptocurrencies are now the new Gold. The Axes and shovels are now being replaced by specialised hardware and computers.
When Bitcoin mining started in 2009, it was a goldmine for early adopters because, with just a basic hardware, you could mine something substantial but constantly adjusting mining difficulty, which keeps adjusting to keep the average time between two blocks more or less constant at 5 minutes, Easy bitcoin mining has now become a thing of the past, because the way it is now, the more computing power dedicated to mining bitcoin now, the more computing power would be needed to mine another block, presently, it is estimated that it would take over 100 years for a solo miner to mine one block(which is equal to 25 Bitcoin) because no regular average hardware has the power to mine anything significant, it might like a big return but just consider the electricity and equipment cost, they are lot more than that so in the end, you worked for nothing. This has made solo mining gradually become a thing if the past. Added to that, most miners do not know the most profitable coin to mine at each given time because there are over 100 cryptocurrency that adopts the PoW (Proof of Work) concept and mining the wrong one at the wrong time could lead to heavy losses and is it also hard to switch the mining hardware from one cryptocurrency to another.
Humans has always been resorceful ans when one way is blocked, they always find a way out and in cryptocurrency mining, this is no exception, since Mining is no more profitable for solo miners who cant afford to spend $5000 or more on specialised hardware, the new style that miners has been adopting is cloud mining, this involves miners from different locations pooling all their mining power in a mining pool and after an agreed upon time, the returns are shared but mining pools has it's own set of problems as well, For Example, Miners cant track this earnings from a block reward to their wallets and this creates a lack of trust because they don't know if they are being cheated considering he fact that they spend a considerable sum on the hardware they use to mine.
Have you ever wished there was a platform that provides a solution to every problem faced by miners? A transparent platform that allows you track your earnings in real time, provide security, scalability and incredible user experience for your mining activities? If your answer to these questions is yes, then i am proud to introduce you to Whalesburg
Whalesburg is a smart mining platform which takes security and stability improvements to a never seen before level in the mining industry. I know you might be think that there are tens of similar platforms out there but if i am asked what sets Whalesburg apart from the rest, my answer would be simple:
Whalesburg offers a one-stop solution to a mining problems
Whalesburg mining platform is a software bundle for cryptocurrency miners.
The software has three primary goals:
• Simplify mining operations.
• Increase yield.
• Offer the best time-saving mining tools.
It consists of five main parts:
• Multi-currency mining pool.
• Operating system.
• Whalesburg Cloud.
• Profit-switching solution.
• Hardware monitoring & management software.
With these tools, Whaleburg software would tackle the problems in the following ways:
• Multi-currency mining pools And Profit Switching solutions: As a multi-pool, you will be able to midifferent kinds of coins, The Whalesburg software provides you with a fast and easy way
to switch between different coins and it also give you real time analysis to know the best coin to mine at any given time to maximise your profit.
• Hardware monitoring & management software: Every miner works with expensive hardware and it is very important to maintain those hardware to maximise profit, The Whalesburg Software tracks information such as GPU/CPU temperature and fan speed in order to prolong the
operational lifespan of costly hardware.
• Operations: One key aspect that whalesburg is keen on is security and protection of your privacy, the only information your need to provide is your email and wallet address, Another Key aspect is Transparency, Whalesburg will use the PPLNS (proportional) method in which we count shares within the last 15 minutes. In the scope of a single algorithm, shares are the same using this method. Tasks and calculations are the
same as well. And since some miners prefer to mine just a single cryptocurrency while others prefer to mine different types, each miner would be able to create their unique profile and share with other miners and to crown it all, 24/7 support would be available. In Whalesburg, miners would be able to choose many cryptocurrecies for their payouts including fiat payments to their bank accounts.
The software would be available in Android, iOS & Web.
The apps comes with an easy-to-use interface, all you need to do is to fill in your wallet information, choose ur preferred payout currency and after each block, your payment would be sent to your wallet. If you wish to convert all your altcoin to bitcoin or the opposite, thanks to an integrated exchange, you can do it all and track the progress, everything process is transparent.
Fees: Whalesburg would have one of the lowest fees in the market and the fees charged to each individual depends on the amount of whalesburg token(WBT) each miner holds, the more WBT you hold, the lesser your fees.
Token & Tokensale Details
• Token: WBT
• Price: 1 WBT = 0.0000718 ETH
• Token Type: Ethereum (ERC-20)
• Accepting: ETH
• Minimum investment: 0.5 ETH
• Soft cap: 1,000 ETH
• Hard cap: 3,800 ETH
• Whitelist/KYC: KYC & Whitelist
THE WHALESBURG TEAM
ADVISORS
OFFICIAL PARTNERS
To find out more about this project, check out the links below
Website: https://whalesburg.com
Whitepaper: https://whalesburg.com/whalesburg-whitepaper.pdf
Twitter: https://twitter.com/whalesburg
Github: https://github.com/whalesburg
Facebook: https://www.facebook.com/Whalesburg
To interact with members of the community, you can visit the telegram group:
https://t.me/whalesburg
Writer: Collinberg
Email: [email protected]
Interesting project, I will invest in this.
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What is the total supply?
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Interesing write up
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