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Home»BLOCKCHAIN NEWS»X Mining can reshape Bitcoin mining through staking.
BLOCKCHAIN NEWS

X Mining can reshape Bitcoin mining through staking.

By Crypto FlexsJanuary 30, 20242 Mins Read
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X Mining can reshape Bitcoin mining through staking.
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

X Mining, a Bitcoin mining infrastructure designed to democratize the Bitcoin mining process, is launching early access to Bitcoin mining profits.

X Mining Stake vs Mine

The Bitcoin mining space is filled with expensive mining equipment and a lot of technical knowledge that is expensive, complex, and energy-intensive.

The X Mining project is a problem it was designed to solve using a “stake-to-mine” model that would make Bitcoin mining accessible and potentially profitable to everyone.

The vision behind the platform design is to democratize the Bitcoin mining process, making it accessible to all interested participants in the cryptocurrency industry, not just traditional mining companies.

It is designed to be efficient yet simple and easy to use.

To achieve this simplified Bitcoin mining infrastructure, X Mining utilizes shared mining pools. Participants can start mining BTC by staking XMINING tokens without having to purchase mining equipment or have the necessary technical knowledge to run a node.

Staking pool participants can expect a reward of 162.3 XMINING per mined block, which will be distributed to each user based on their stake in the pool and a predetermined annual rate.

X Mining Presale

To obtain XMINING tokens, participants must participate in the ongoing X Mining pre-sale.

When users participate in the pre-sale by purchasing XMINING, their

The pre-sale will be divided into two stages depending on the offering price of XMINING tokens.

In the first phase, XMINING will be offered at $0.0070, and later it will be listed on cryptocurrency exchanges at $0.025, $0.0077, $0.0084 and $0.0102.

Users are encouraged to participate by linking their wallet and purchasing XMINING using Ethereum (ETH).

According to Twitter The X Mining smart contracts shared by the project have been audited by Coinsult auditors to ensure it is a transparent and investor-friendly platform.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

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