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Average Ratings 0 Ratings
Description
BTG, or Bitcoin Gold, is a cryptocurrency that incorporates the foundational principles of Bitcoin while being mined using standard GPUs rather than specialized ASIC hardware. This shift to GPU mining democratizes the process, allowing individuals to participate in mining rather than concentrating power in the hands of a few large entities that dominate the ASIC market, thereby promoting decentralization and autonomy within the network. The rewards from GPU mining are distributed globally, empowering individual miners instead of merely benefiting warehouse owners who operate ASICs, effectively reviving the network effects that were once characteristic of Bitcoin. Furthermore, Bitcoin Gold is augmented by the Lightning Network, a solution that facilitates the processing of nearly unlimited transactions per second, exemplifying a "second layer" approach built on the foundational blockchain. These second layers and side chains are crucial for enabling advanced technologies such as smart contracts, which can execute at impressive speeds while being secured by the BTG mainchain. Ultimately, BTG not only enhances the cryptocurrency landscape but also maintains close compatibility with Bitcoin by incorporating features like SegWit and the Lightning Network, all without consuming the same level of hash power or competing for the title of the "true Bitcoin." This innovative approach ensures that BTG remains a valuable player in the evolving crypto ecosystem.
Description
Users of Cryptonex have the opportunity to earn profits through cloud mining, which offers an annual return of 12.11%. Out of this total, 1% serves as a bonus added to the initial deposit, while the remaining 11% is generated from P-o-S mining activities. It's important to note that this profit calculation excludes any potential appreciation in the value of CNX. To start earning rewards from cloud mining, users must register and purchase CNX in the "CNX exchange" section, with deposits being automatically allocated to the cloud mining service. Each deposit is locked in for a duration of one year, during which users will receive a 1% bonus on their deposit amount. Income from the cloud mining deposits begins accumulating from day one, and users have the freedom to utilize the mined coins as they see fit. Furthermore, CNX cloud mining benefits from the backing of bitcoin mining, as Cryptonex invests in bitcoin mining equipment using funds obtained from CNX sales, which are held for a year. This strategic approach not only facilitates the recovery of investments but also ensures a steady income stream for participants. As a result, users can enjoy both the benefits of mining and the potential for increased asset value over time.
API Access
Has API
No
API Access
Has API
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Bitcoin Gold
Website
bitcoingold.org
Vendor Details
Company Name
Cryptonex
Founded
2017
Country
United Kingdom
Website
cryptonex.org