LOANS FOR MINING EQUIPMENT PURCHASE

Cryptocurrency is digital units of account, there accounting is decentralized. Functioning of such systems takes place through distributed computer networks. Thus information about transactions usually is not encrypted and accessible in an open form. Cryptographic elements of innovative BlockChain technology are used in order to provide the invariability of transactions blockchain base.

Blockchain is a method of data storage, its main difference and undeniable advantage is that this register is not kept somewhere in one place. It is distributed among hundreds and even thousands of computers in the whole world and can not be compromised.

- Confidentiality
Information about a transaction is in general access, but there are no such data about users of BlockChain system, so only you have complete information about your payments. All transactions are public, their history can traced back up to the embrace point of very early coins.

- No inflation
Total amount of coins in this system grows with certain speed, which is independent from external factors. Maximal amount of any cryptocurrency is limited by coins amount or controlled emission that does not leave an opportunity to devaluation.

- Cryptocurrency peer-to-peer network
There is no such thing in a cryptocurrency network as some main server responsible for all operations. Transactions are produced by hundreds of distributed servers, or "miners". BlockChain system is fully decentralized, that’s why financial and state institutions do not have any opportunity to influence on money exchanges between users’ purses.

- Instant transactions
Every proprietor of a purse can pay to anyone, anywhere and for whatever he/she wants, irregardless of other user’s location.

- No obligation to pay commissions to banks and other organizations
It allows to make transactions from one user to other without any mediators, such as banks or other financial institutions. Due to all abovementioned factors average transaction time from anywhere in the whole world is 30 minutes, that is dozens times quicker than traditional bank transfers.

- Operational freedom
There are virtually no borders for a cryptocurrency. Payments accomplished in this system are impossible to be undone. Coins can not be counterfeited because every coin has its unique code. The amount of online shops, websites and companies accepting payments in cryptocurrency, grows every month. It is possible to pay in such currencies anywhere in the whole world or exchange them for some traditional currencies, it is enough just to have internet access for that.

- Increase of demand
One of such factors is increase of demand on cryptocurrency. Today it is used by such large companies as Apple, IBM, TESLA, and others.

- Algorithm of exchange rate growth
BlockChain system is constructed in such a way that every next block contains information about all previous transactions of already existent blocks. Every new block is more difficult than previous, so it requires more time for its generation. It results in greater total consumption of electric power and consequentially higher prime price. All these stimulates cryptocurrency price growth.

Mining is the inalienable process of BlockChain system. Mining organizes computation capacities of connected systems from around the world to process intricate mathematical problems provided by cryptocurrency algorithm, giving very strong cryptographic protection that it is impossible to break or to counterfeit. Besides cryptoprotection all transactions in the system are processed and operation blocks are closed; all connected computation capacities receive commission for such processing, known as cryptocurrency coins.

In the first place, Mining.net.ua data center is trouble-free workspace for your equipment, where optimal environment temperature, humidity and dust protection are controlled and supported. Electric voltage surges and internet connection absence are not possible in our Data Center. Date Center is maintained by high-skilled specialists around the clock.

«Pool» (mining pool) is a server, distributing tasks of block signature calculation between all connected participants. Each participant’s contribution is estimated by means of so-called shares, that are potential candidates to receive precious block signature. As soon as one of "shares" hits the spot, the pool announces block readiness and distributes a reward. At the reward calculation all accepted shares are taken into account (there are some nuances in different systems of payment), irregardless of a share’s actual transformation into calculations block. Exactly this algorithm provides just distribution of obtained coins. Miner with small computational capacity can work very long without finding any single block, but he/she will get some reward, it is paid for probability that exactly one of his/her calculations will appear correct. This really happens sometimes.

Ethereum(ETH), EthereumClassic(ETC), Monero(XMR), Musicoin(MUSIC), Expanse(EXP), Ubiq(UBQ), Hush(HUSH), Zencash(ZEN), Zcash(ZEC), Zclassic(ZCL) and other...