Author Topic: Why do we mine?  (Read 168 times)

Stooneja

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Why do we mine?
« on: February 06, 2018, 02:26:27 am »
If you treat mining as daily source of income. Hello Sirs and madam, you're in wrong investment.
If you're here and like to support the technology, blockchain and stuffs then good for you and worry not, because we're just getting started. You gain more knowledge and understanding continually. Build the mining rigs your self to gain patience and perseverance. The coin you mine today never diminish, it's fiat value are the one that is changed.

If you really believe in crypto's / blockchain's technology, support it and wait for your bonus reward after. This is a not a get rich quick scheme. Your doing mining because you wanted to help and learn the technology.

usman

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Re: Why do we mine?
« Reply #1 on: February 19, 2018, 01:11:11 pm »
There are 2 objectives for mining.
1- Creating a new crypto.
2- Validating transactions.