Crypto Mining is a term that excites people, normally it is associated with a money-making setup but it is more than that. Crypto Mining is a process that is very essential to the cryptocurrency world.
Crypto mining is a competitive process for verifying and adding new transactions to the blockchain for a specific cryptocurrency that uses a proof of work (PoW) approach. The miner who wins the contest is rewarded with some currency and/or transaction fees.
Since all transactions happen digitally and there is a risk of duplication, forgery, or double-spending. Mining offers an uncommon solution by making it extremely expensive and resource-intensive. That's why people have to work extra hard to receive rewards.
The Crypto Mining industry is getting wider day by day but it is not that easy to enter this field and make a profit instantly. It become sluggish over the years and now to generate profit a miner needs to at least have top-of-the-line hardware and a consistent power supply. But there are more things a miner will have to deal with and these obstacles are chocking the crypto-mining industry.
Crypto Mining industry Needs a Revolution
Before the situation becomes worst not just for miners but the cryptocurrency world as well the industry needs a change. Especially when big brands and people from every sector are taking interest in it and new opportunities are being explored.
The basic problem of the industry is that crypto mining requires top-of-the-line hardware, cheaper electricity, supportive government compliance, and proper management of heat generated by the complete system.
Additionally, with time the rewards also become lesser, thus the minors are not able to generate good profit over their investment. The complete structure needs some updates to meet the need of this modern world where on one side people are looking for new ways to earn passive income and financial sectors and brands are looking for utilizing the power of blockchain and cryptocurrency.
How is Xcavator bringing about that revolution?
Xcavator is making mining hassle-free and profitable again by providing solutions for most of the problems discussed above. First of all its native token XCA will represent the hashing power and the complete fund received from the token sale will be used to set up crypto mining farms.50% of the revenue generated through mining will be used to buy their own tokens to burn them and the remaining will be used for the expansion of crypto mining farms. This process will increase the value of the XCA token and it will also generate profit and hashing power.
With continuously expanding mining farms, Xcavator is not only creating better opportunities but also providing access to the hardware, cheaper electricity, and hassle-free mining operation. With all these, Xcavator is bringing a much-needed revolution into the mining industry.
Whether you are experienced or a beginner in crypto mining you will find Xcavator meaningful and profitable. Join the crypto mining revolution with Xcavator and start experiencing the best way to mine cryptocurrency.
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