Cryptocurrencies have made the significant impact on the different industries, and a myriad of new terms appeared in the last couple of years, such as dapps, tokens, ICO, consensus protocols etc. All these terms are related to the same technology - crypto mining. Revolution of crypto mining and its global impact opened the new investment opportunities to receive profit. Moreover, crypto mining is one of the important engines for cryptocurrencies, which appeared as one of the important financial events of the 21st century.
Credit: https://www.businessinsider.com/plattsburgh-new-york-cryptocurrency-mining-ban-2018-3
Unlike fiat currency, computers mine the digital currency by solving a computational problem, and miners are the key element supporting the whole network. Emission of currency with the help of a decentralized system gives freedom to users and allow technology to prosper as a global asset.
Energy consumption
Every invention comes with inconvenience, with the advent of computer technologies, which were considered safe and harmless are now posing danger to sustainability. Similar is the case with blockchain, energy consumption by blockchain technology has surpassed the total energy consumed by some countries. There is no doubt that we are talking about the serious matter. Moreover, combustion of coal to produce power is very dangerous to the planet and mankind.
These things have a direct impact on the decentralized network to mine new currencies, miners have to spend a huge amount of money on hardware, specialized facilities and technical knowledge, which can disturb the whole ecosystem of crypto mining and blockchain.
Innovations
Securix is a blockchain based next generation crypto mining company, will plant its mining operation in Netherland, which will be powered by renewable energy only. Netherland provides the ideal climate and power grids for data centers. Dutch cold air with the temperature of less than 22-degree Celsius gives data center cooling of 97% around the year. Mining data center of Securix will use EAN-to-EAN decentralized platform to purchase energy straight from the green generators without any intermediaries. The main objective of Securix operation is sustainability, responsibility, and profitability. With the help of decentralized energy purchase, Securix will be able to buy energy directly from solar or wind energy suppliers without the need of the third party. EAN is the identification number of power connection that every energy supplier has.
Business model
Investment in crypto mining without the hassle of managing hardware comes with certain risk. Risk of fraud, opaque mining operations, lower profit and lack of control and flexibility are few examples of associated risk. Risk and reward are two faces of the cryptocurrency mining. If the right choice is taken, profitability is certain.
Also, the profitability of crypto mining totally depend on the computing power of the computers. Experienced investors tend to employ technical knowledge to gain more profit. Furthermore, good income from crypto mining is also dependent on the liquidity of the cryptocurrencies to local fiat currency.
Having said that, tokenized gross revenue share model of Securix is one of the innovative and honest solutions to the above problem. Over net out share model, Securix has decided to implement industry’s first gross revenue share model. 45% of the gross revenue from the mining will be distributed to all Securix token holder every month. Moreover, all entrepreneurial risk will be born by Securix to give more confidence to the investors.
Most of the tokens which are released as part of ICO has value only in exchange, however, Securix tokens are asset-backed tokens, which has value outside the exchange also. Keeping Securix tokens in the wallet make token holders eligible for the monthly passive income.
Securix monthly investment strategy
Securix will use 10% of the gross revenue for investment strategy, the main purpose of investment strategy is to increase the token value and increase the output per token, Securix will employ two options for this strategy. Firstly, Securix tokens will be bought from the market and these tokens will be burned to decrease the token pool quantity, which will help to increase the token value and output per token. Secondly, new hardware will be purchased from sold tokens to improve the infrastructure and facilities.
Honesty and transparency are the main pillars of Securix, every month total mining volume will be uploaded to Securix Mega Vault to track the customer profit. Moreover, Securix is not a project, it is a company set up in Netherland where the full team is sitting and taking care of the mining operation.
To summarize, the advent of crypto mining comes with various pros and cons. With the help of good governance and the right approach, profit can be achieved at various stages of crypto mining. Nevertheless, it has also opened the different avenues of employment, which were never imagined a couple of years back.