My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that.
Lewis Carroll, Alice in Wonderland
“Mining is no good these days, go find a job!” You’ve probably heard or read this joke if you hang out with crypto enthusiasts or follow them on social media. They complain and droll, but they are still there and don’t even consider a possibility to quit. Why?
Although the easy money was scooped out by the pioneers long time ago, the blockchain technology and cryptocoin mining still has quite a lot to offer. We can lament as long as we can about the times when bitcoin was sold for a dozen of bucks, but it changes nothing. “If I knew”, they say, but let’s admit: you never know. If there’s a venture that is extremely profitable – it’s risky at the same time. The question is, do you understand all the details about the asset you’re purchasing, and do you have enough nerve to take the risk.
At the webinar on Nov. 24 Pavel Kuznetsov, the CEO at TerraMiner, was asked if it were profitable to invest $10,000 in TRM tokens. “If that’s all you have, then think twice”, Pavel suggested, and went on “but if you have several sums like that in your disposal, it would be a misstep not to invest one of them into a reliable cryptocurrency project”.
Ok, but wouldn’t it be smarter to assemble my own small mining rig worth of $10,000 and get my income dripping little by little? Yes, mining is available for everyone, but small scale miners will sooner or later find out that all the earnings are being spent on maintenance, spare parts and electricity bills. Even if you managed to find a location with a cheap or even chargeless electricity, you still have to deal with equipment, troubleshooting, power cuts, legal issues, hackproofing, shipping delays, etc. It's time to face the fact: only those of us with high-powered gear are able to profitably extract altcoins and bitcoins nowadays.
The TerraMiner project offers an opportunity for everyone to buy a share in a large mining pool with an impressive hashrate. Situated in the free economic zone at Shaoguan, China, the TerraMiner farm leverages the low electricity fare due to the local power station to provide a sustainable income for the token holders.
“Risky,” they say, but can you think of a reliable asset where low risks meet high profitability? We don’t think so. Those who now rue the days when bitcoins were cheap, will soon rue the days when TRM tokens were cheap. So now is the “make it or break it” moment. Join the TerraMiner project, if you share our vision! All you need is a BitcoinWallet and MyEtherWallet.