DeFi version mining. The cryptocurrency industry continues to propose innovations of all kinds. Some of them apply to making services that are sometimes difficult to grasp or costly to implement more accessible. This is especially the case with BTC mining. A sector intimately linked to major investments that can reach a quasi-industrial dimension. A paradigm that could change thanks to the START token developed by the European leader in the sector start mining. Cryptocurrency mining accessible to all is finally possible!
Le Journal du Coin offers you this promotional article in collaboration with Startmining.
Startmining, European leader in ethical and profitable mining
When we hear about a “revolutionary” innovation, everyone thinks of a concept never seen before. However, this can sometimes also take the form of improving a service made more efficient. Or the improbable association of two distinct options which redraws the boundaries of a functionality that was thought to be immutable.
This is exactly the approach that French society start mining applies to the field of cryptocurrency mining. An innovative proposal whose fundamental principle is ultimately quite simple. It is a question of combining this industrial type activity with a dimension of staking in the “decentralized finance” version (DeFi). This in order to eliminate maintenance issues by keeping only the rewards part.
Founded in 2017, Startmining also makes “a point of honor to always source green energy for mining.” in an activity that covers all aspects of this industry, and much more. Because since last February throws itment of its START token stands out as a real revolution in the field.
“We are happy to offer an innovative and more accessible solution. Thanks to START, individuals can now participate in this profitable activity without worrying about the technical aspects and the costs associated with mining. It is a new paradigm that offers new opportunities for cryptocurrency miners”
Saimi Barragan, founder of Startmining
START token, anyone can mine bitcoin
But what is this START token developed by start mining ? In fact, it is an ERC-721 type utility token developed on the Ethereum network whose purpose is to democratize access to Bitcoin mining activity. And this in the form ofa portion of the mining pool whose hashrate comes from mining farms owned by Startmining. You had to think about it!
Because becoming a profitable miner in the traditional way requires making costly investments, but also paying electricity bills sometimes equivalent to “several tens of thousands of dollars.” Whereas in the case of the START token, the procedure is greatly simplified.
Indeed, each copy of this token has a unique price fixed in advance at $1000. And that “entitles you to BTC rewards (or other cryptocurrencies, we’ll tell you more soon…) generated by the Startmining mining farm, 100% powered by renewable energy.” That is to say, a decentralized finance version mining activity freed from all the disadvantages to keep only the profits.
“All tokens are equal in law and have no time or quantity constraints. You stake your token wherever you want, for a duration that you have chosen, with the possibility of unstack when you want and put it on sale when you want.
start mining
Startmining, success is there
Success immediately followed. Because during the first edition of its launch, carried out during the Virtuality Web3 Summit show last March in Paris, START token sales shipped in less than three weeks.
It only increased the already significant interest generated by this innovative project of Startmining during its presentation at the Consumer Electronics Show (CES) in Las Vegas last January. A first decisive step since it is the most important exhibition devoted to technological innovation in consumer electronics in the world.
A dynamic of success very clearly conducive to an extension of this offer. Reason why a second round of START token sale is now open, alongside the launch of new dedicated staking pools.
START token – Second open mint round
On the strength of its success, the company Startmining therefore announces a new sale session of its START token accompanied by the opening of new staking pools. And this operation is presented by its officials as “a new step forward in the democratization of the cryptocurrency mining industry” whose implementation is happening at this address: https://app.startmining.io
A procedure which, however, requires that certain prerequisites be met in order to be able to participate. In fact, this initially involves have an Ethereum address to which the START tokens will be transferred once the purchase is made. And secondly, a bitcoin wallet must also be activated. This is in order to be able to receive the BTC rewards generated by this mining activity. Nothing very complicated.
The START token developed by start mining therefore provides access to Bitcoin mining activity with undeniable ease of use. All this coupled with assured financial benefits in the form of rewards and rock-solid transparency, based on the Ethereum network. A real revolution in the cryptocurrency mining sector!