The price of bitcoin is near the peaks again. For the individual investor, the dilemma arises between buying or trying to “produce” BTC. However, mining equipment can be expensive, not to mention the price of energy. French Startmining, with its START token and its ethical and responsible mining offer, stands out as an easy gateway to this universe. Since its launch, the formula has been a huge success since its new pool was taken by storm and filled within 24 hours. Close-up on the magic formula for mining bitcoin without the hassle.
Le Journal du Coin offers you this promotional article in collaboration with Startmining.
At the beginning was the bullmarket
With the rise in crypto markets, the company Startmining saw the value of its digital assets soar. A validation (almost a plebiscite) of an economic model refined for years which therefore comes at the right time. Indeed, in seven years of existence, this well-known player in the ecosystem has acquired extensive expertise in the field of cryptocurrency mining. And this experience pushed him towards the major innovation of START tokens. In essence, these NFT allow access to pockets of hashrate already present which are waiting for other STARTers to come claim their share. Thus, the first staker to arrive will obtain 5.5 Phs alone, until other stakers come to share the hashrate offered by the pool.
A technical advance which has not, however, taken the team away from its fundamentals. Indeed, from the start of the adventure, the pooling of resources has become an obvious choice for obtaining high-end equipment and advantageous energy rates. A philosophy of sharing which therefore remains the cornerstone of the company’s activity.
>> Did you miss the PULSE offer? Join the Startmining Discord now so this doesn’t happen again >>
This is how, thanks to significant recent capital gains, Startmining decided to redistribute part of it by opening a new mining pool. No, you’re not dreaming ! Startmining has redistributed capital gains by literally offering hashrate for free) in order to offer its users new mining opportunities through the START token. They didn’t expect the pool to be full in 24 hours…
An innovative model acclaimed by the community
During the last AMA, Saimi Barragan, founder and CEO of Startmining, therefore returned to the news in the presence of the community. He was able to explain where the idea of redistributing profits by offering a new pool to users came from. Initially, the Origin pool had an expected lifespan of four years.
However, when the following pools were launched, Genesis and North Pool, many START holders migrated to them. The lifespan of Origin has mechanically decreased for the benefit of the two new ones. Which means that 50% of the liquidity provided by the sale of tokens remained available. Additionally, Startmining had already financed its hardware and still had unused energy. Another beneficial situation, the ether price appreciated, which made it possible toincrease the value of liquidity. This is how the team decided to devote part of the added value to the creation of new pools without increasing the supply of START tokens. This translates mechanically into a intensification of the hashrate of all pools.
One last Startmining pool hot like a volcano for your StARTs
Thus, the new pool, called Pulse, came to complete the bubbling ETHOS IGNIS. Benefiting from a boosted hashrate as explained above, it delivers much higher daily staking rewards than existing pools. Machine tuning is optimized via overclocking for pure performance. Concretely, the performance of a single START token (at the time of writing these lines) represents an income of around $180/month in BTC.
>> Did you miss the PULSE offer? Join the Startmining Discord now so this doesn’t happen again >>
This Philosopher’s Stone of the Minor Alchemist which makes this miracle possible saw the light of day in February 2023, materialized (if I dare say) in the form of a non-fungible token (NFT), START. This utility NFT constitutes a right of access to mining pools and therefore to the rewards they generate. In other words, what you are buying is neither machines nor computing power, but an NFT that you deposit into a pool. To obtain your miner’s pass, you will need to go to the website of Startmining and click on the “Mint” button to make the purchase. The price of the token is 1000 USDT which you can pay in ETH or USDT.
As you will have understood, owning one or more of these NFTs constitutes direct access to mining. Simple, easy to access, it allows you to benefit from mining rewards (block rewards) without the constraints of mining. Wondering what to do if all the pools are full? I will tell you that the team has just announced theimminent opening of a new offer modeled on the “PULSE” model described above. More details will come soon. But I can only advise you enough to prepare for this arrival by having your START tokens in advance, now that you know how to do it.