With all the frenzy and loads of technical terms in the crypto world, perhaps the most common is MINING. We do have an idea of at it is, for the fact that it does not differ much from the real world mining. Only that, this is done electronically.
Doing some reading and research in google, one will find out that there are those coins no longer profitable to mine specially for newbies trying the concept of mining. Well, fret not. Just recently, I came across this new project that a newbie like me can get into to.
This project is called Vegacoin. Still a new project that can be mined and has a growing community. Why do I say this is a good project to start with? Here are the reasons :
New project means lots of opportunities to get free coins. Yes, by joining their bounties which are yet to be announced. Join their forum.
Another way of getting coins is mining. Yes, mining this coin is still easy and profitable. Primary because there are few people mining it, you have the big chance to get earnings. Also, there are mining pools available without fee. So, all coins you mined and earned will be yours.
This coin is both POW and POS. Means you earn from mining while your coins stored in your wallet earns an interest for letting it stay in your account. It is like working hard to earn money, deposit it t your bank account and let there for sometime to earn. How easy that is!
If the above reasons are not good enough, well, better do more research as POW and POS is the future of mining and cryptocurrency. There are only a few out there applying such architecture.