Looking for an affordable way to earn through crypto mining without any setup? This article may help you with that.
Crypto mining is not easy and it requires a very large initial investment. This is the major reason that kept a wide audience away from the mining industry. To mine a cryptocurrency a miner has to take care of the cost of hardware, electricity, space, maintenance, technicians, software, and regular upgrades.
Why has it become so complicated to get into crypto mining?
Miners have been also complaining about the hardware manufacturers not providing them access to their top-of-the-line hardware. Hardware manufacturers have their valid reasons but due to this new miners lag behind in the race.
Additionally, building a mining rig also requires a lot of research, knowledge, and time and the problem is that even with doing everything right they fail to meet their month end. How much a miner will make depends on various factors including, the choice of cryptocurrency, competition, hardware, etc.
The condition of crypto mining was not that bad a few years ago. People were making a good income with it however due to the ever-increasing competition and decreasing mining fees the industry is getting less fruitful for new miners.
It is a well-known fact that the mining fee gets reduced every four years so in future the mining fee will be lesser compared to what it is now. To maintain a balance between the profit and investment you will have to change the way you were investing and arranging the stuff required for mining.
Xcavator - Eliminating complexities from the Crypto Mining
After talking about some of the major problems of this industry now it is time to introduce the solution — Xcavator.
There are tons of projects in the market but Xcavator holds a different position in this cluster. The project is here to help miners whether they are experienced or beginners to start/continue their mining journey without any frills.
If you want to know about how it will help miners then it is giving people access to top-of-the-line hardware, cheaper electricity, funds and more through its token Xcavator (XCA). It is actually making crypto mining accessible again by proving as much support as possible to the miners.
The project has a native coin — XCA, an interesting fact is that this token represents crypto mining hashing power. So the more tokens you will have the more mining power you will have. The project is also organizing reward programs from time to time and by doing that Xcavator is providing opportunities to earn extra with little effort.
The Xcavator (XCA) token is a project backed by real-world assets i.e. mining farms that will generate real-world revenue through mining the most profitable cryptocurrencies. It is the first token of its kind in the world with a built-in price appreciation mechanism.
There is no better cryptocurrency and project than Xcavator. It is unique and has a purpose, helping miners, and making sure that everyone remains in the profit. Even in the winter of the cryptocurrency market XCA token is maintaining its value and growing up. Thus if you want to enter crypto mining in an affordable and profitable way then invest in XCA today!