Mining Update: Analysis of the most profitable currency to MINE/HOLD and why it is positioned to BLOW! (contest to win at the end)
Hello steemians! Here are the reasons why Siacoin (Bittrex) became the most PROFITABLE and EASY-TO-MINE currency on the market in the last month.
Siacoin - the 33rd most valuable currency according to Coin Market Cap - is a blockchain startup that has created one of the world's first decentralized cloud storage networks. In other words, they have created a program that allows you to rent the excess hard drive space on your computer to people around the world. In exchange, you receive the same amount of cloud storage space you have made available to others on the market!
According to their website (Siacoin):
Sia is the first decentralized storage platform secured by blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the world to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers.
Thanks to the storage marketplace mentioned above, Siacoin users pay as much as 90% less per month to store their data with Siacoin as apposed to Google, Amazon, or Microsoft. In other words: *1TB of storage space costs as little as $2.00 per month with Siacoin. The amount of cloud storage on Amazon.com's cloud storage network costs $23.00!
THAT'S 1,150% LESS!!!
HERE'S WHERE THINGS GET PROFITABLE:
In January of 2018 Bitmain - the largest producer of ASIC mining equipment in China - announced the release of it's latest model...
The Antminer A3
At a price of $980 the Antminer A3 was the least expensive model the company had produced to date (good news for miners who are quick on their feet). Although Siacoin is worth far less per token than most (~$0.02), there are far more of them available to be mined. By taking advantage of the approximately 815 Gh/s packed into a single unit, miners using the A3 can expect to receive 1,500 Siacoin or more everyday. At $0.02 that equates to $30.00 a day, meaning you'll make your original $980 investment back within a month's time. Just imagine how much you will make when the it recover's to its original $0.05 price point!
Follow the steps below for an opportunity to WIN 1,500 Siacoin this time next week!
Step 1. Upvote this post
Step 2. Give me a follow @around-z-block
Step 3. Leave a comment with your Siacoin address
Step 4. Resteem this post and spread the wealth of Siacoin!
Awesome post! I invite you to visit our blog and enjoy our content :)
Hello friend, excellent information, this is my wallet address......
91b7b1f67e976a4fbc468eb0c632125e9186940acdfc0dde0cf88864e2b29807056ac5ea0d7e
Thanks! Keep an eye out for future posts. I plan to include prizes at the end of each
Greetings friend, I think the information is very good. Successes! My wallet is:
9cc780c1a252d0137bdb214d9880ddee47ec4590306f01f744f12f8e623d34dccbb341981d95
Hey, thanks for participating. Check back in a few days to see the announcement of the winner
Good post, thanks for informing the community !!!
6c74d031bc8bbd3d8dd6a85f4a77dbe51d6efaaff3d51d3ffa44090bd5b86314bbf452ae8d8d
It's the very least i can do. Thanks fpr the follow. Feel free to leave suggestions for future posts regarding the mining industry!
Hello Friend. I think it's great. Here is the wallet address:
b94a72f4269b919bd5c271265b1a83b3bac4b128fba3065de7348f144f0a23545138051efc96
Greetings