DeFi version of mining. The cryptocurrency sector continues to grow with innovations of all kinds. Some of these are designed to make services that are sometimes difficult to understand, or costly to implement, more accessible. This is particularly true of BTC mining. A sector intimately linked to major investments that can reach almost industrial proportions. A paradigm that could change thanks to the START token developed by the European leader in the sector. Startmining. Cryptocurrency mining accessible to all – it’s finally possible!
Le Journal du Coin brings you this promotional article in collaboration with Startmining.
Startmining, European leader in ethical and profitable mining
When we hear of a « revolutionary » innovation, everyone thinks of a never-before-seen concept. However, this can sometimes also take the form of an improvement to an existing product. more efficient service. Or the unlikely combination of two distinct options which redraws the boundaries of a functionality once thought immutable.
This is exactly the approach that the French company Startmining applied to the field of cryptocurrency mining. An innovative proposal whose fundamental principle is ultimately quite simple. The idea is to combine this industrial-type activity with a « decentralized finance » staking dimension (DeFi).. The aim is to eliminate maintenance-related issues, while retaining only the rewards aspect.
Founded in 2017, Startmining also makes « a point of honour of always source green energy for mining. » as part of an activity that covers all aspects of this industry, and much more besides. Because since last February thement of its START token was a real revolution in the field.
« We’re delighted 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 costs associated with mining. It’s a new paradigm that offers new opportunities for cryptocurrency miners. »
Saimi Barragan, founder of Startmining
token START, anyone can mine bitcoin
But what is this START token developed by Startmining ? In fact, it’s an ERC-721 utility token developed on the Ethereum network with the aim of democratizing access to Bitcoin mining. In the form ofa portion of the mining pool whose hashrate comes from the mining farms owned by Startmining. You should have thought of it!
Becoming a profitable miner in the traditional way requires not only costly investments, but also the payment of electricity bills sometimes equivalent to « tens of thousands of dollars ».. » Whereas in the case of the token START, the procedure is greatly simplified.
In fact, each copy of this token has a unique price set in advance at $1,000. And that « entitles you to BTC rewards (or other cryptocurrencies, more on that soon …) generated by the Startmining mining farm, powered 100% by renewable energy. » In other words, a decentralized finance version of mining stripped of all the drawbacks to retain only the benefits.
« All tokens are ex-aequo in right and have no time or quantity constraints. You stake your token wherever you want, for as long as you choose, with the ability to unstack when you want and put it up for sale when you want. »
Startmining
Startmining, a success story
It was an immediate success. After all, the first edition of Startmining was launched at the Virtuality Web3 Summit trade show in Paris last March, sales of START tokens were dispatched in less than three weeks.
This has only increased the already considerable interest generated by this innovative project when it was presented at the Consumer Electronics Show (CES) in Las Vegas last January. A decisive first step, since this is the world’s most important show dedicated to technological innovation in consumer electronics.
The dynamics of success are clearly conducive to extending this offer. Which is why a second round of START token sales is now open, in parallel with the launch of new dedicated staking pools.
START token – Second round of mint open
Building on its success, Startmining announces a new sales session for its START token accompanied by the opening of new staking pools. And this operation is presented by its managers as « a new step forward in the democratization of the cryptocurrency mining industry », which can be found at this address:
A procedure which, however, requires certain prerequisites to be met in order to participate. First of all, you need to an Ethereum address to which the START tokens will be transferred once the purchase has been made. And secondly, a Bitcoin wallet must also be activated. This is in order to receive the BTC rewards generated by this mining activity. Nothing too complicated.
The START token developed by Startmining provides access to the Bitcoin mining business with undeniable ease of use. All this combined with guaranteed financial benefits in the form of rewards and full transparency, based on the Ethereum network. A real revolution in cryptocurrency mining!