What is HashMining.EU?
HashMining is a cloud mining service of skilled professionals who believe in cryptocurrencies. HashMining brings together a team of experienced cloud and crypto mining engineers, analysts and developers. This team has been involved with these currencies since the inception of BitCoin. There is no need to set up equipment with HashMining. It is easy to use, safe and secure.
Victor Grosser is HashMining’s CEO. This Europe-based entrepreneur and investor is also adept in legal risk counseling and digital marketing. HashMining’s communications manager is Mel Lake, overseeing media engagement, key messaging and brand engagement. Roshni Madarie handles case reports management while Janet Petkanicova is the block chain analyst and developer.
How is data stored?
The original vision of the Internet was a decentralized model where everyone could store and have access to their information. Unfortunately, the internet today is centralized where third parties and cloud services store your information in servers. This is convenient for you since these companies employ people to store your data. They charge for storing this data. Whenever you need this data, you retrieve it from servers run by third parties. They are in business by keeping your data for you. Experience has shown that these servers are vulnerable to attacks.
The data can be stolen, leaked or changed without your knowledge. Consequently, a movement has sprung up with the aim of ‘democratizing’ the internet. This is where servers and cloud services are replaced by volunteers across the globe running thousands of so-called ‘nodes.' These nodes form a sort of ‘world computer.’ A movement has sprung up with this aim of decentralizing the internet. To achieve this goal, certain tools are used. Blockchain technology is one such tool. Ethereum helps in bringing access to your own data back to you.
What is Ethereum?
HasMining’s main product is Ethereum. To define Ethereum, it is important to understand the internet and how it works. Ethereum is one of the newest technologies that seek to return control of data to its owner. How does this work? Third parties store most of the data created by apps. That data can disappear if the app is removed from the market. In other words, Ethereum steps up to make sure you have access to your data. Additionally, only you can modify the data, not any third parties.
HashMining seeks to use a blockchain to replace third parties. HashMining’s vision is that Ethereum will enable people all over the world to compete and offer data storage services. Theoretically, Ethereum seeks to bring back control of data back to you. BitCoin seeks to disrupt the emergence of online banking. In contrast, Ethereum uses a block chain to replace third parties. These third parties store data, transfer mortgages and keep track of complex financial transactions. In this way, Ethereum disrupts the current client-server model by becoming a world computer.
What is Mining?
Mining is a method of introducing bitcoins into the system. Mining’s primary purpose is for BitCoins to reach a tamper resistant consensus. The process of mining adds transaction records to Bitcoin’s public ledger of past transactions. This is called the block chain. Blockchain confirms to the network that transactions have happened. By so doing, attempts to re-spend already used coins are blocked.
Mining has been made intentionally difficult so that the number of blocks found by miners daily remains steady. Miners get paid any transaction fees and a part of any newly created BitCoins.
What is BitCoin?
BitCoin is a currency created in 2009. Transactions with bitcoins have no middleman and no maintenance fees. They are also anonymous. BitCoins are also an unregulated currency. BitCoins are bought on an exchange, transferred or mined. They are stored in a digital wallet.
How does HashMining work?
Getting started with HashMining is a very simple process. First, you sign up and create an account on hashmining.eu. The second step is mining from any location you choose. You can also able to view any mining related information. Finally, within 24 hours, HashMining pays you your first daily payout. You can also withdraw your money then. HashMining has three pricing plans. These are SHA-256 Cloud mining (1.20 Euro), Ethereum cloud mining (2.20 Euro) and Scrypt cloud mining (13.50 Euro).
Harsha Vardhan sees his dream of financial independence for his family being realized as Ethereum’s price grows. James Scott began Ethereum mining six months ago. James testifies that Ethereum mining is very easy. Mathew Timothy says that he has been paid for Ethereum at a steady pace.