Blockchain technology introduced diverse ways of implementing various ideas and visions. These ideas all powered by blockchain technology is assessed by cryptocurrency. Blockchain is an open ledger system where every transaction is confirmed in blocks on their various chains. Every transaction is confirmed, and not mutable. The process whereby these transactions are confirmed is called mining. There are different mining pools whose work is to mine these transactions, confirm them on the blockchain.
PROBLEMS WITH CURRENT MINING INDUSTRY.
Mining requires lots of energy, time and money required to purchase the mining equipment. To have a mining rig, the cost runs in thousands of dollars, which most users don’t have much money for it. A lot of electricity is required to keep the rigs running as none can be shut down at any time. In most places, the cost of electricity is too high as individuals pay for their electricity. All this affects the current mining ecosystem as it currently is.
Aerotken approach
Aerotoken is an inflationary token built on the ethereum blockchain. This token is a mining token that does not require a mining rig to be mined. Mining aerotoken does not require energy, mining rigs or electricity. If a user wants to mine aerotoken, the process is continuous transfer from one ethereum wallet to another. There is no need to have a house or property where the mining instrument is set up.
Rewards for mining aerotoken
Conventional mining rewards each block mined, every miner contest to mine a transaction on the block, the first miner gets rewarded. With aerotoken, every miner mines a transaction when it is transferred.
LINKS
Website: https://aerotoken.org/
Enjoy Code: https://github.com/aerotoken
Whitepaper: https://aerotoken.org/aerowhitePaper.pdf
Medium: https://medium.com/@aerotoken328
Twitter: https://twitter.com/aero_token
Telegram: https://t.me/aero_token
https://t.me/aerotokenchannel
YouTube:
