Discover Icetoken, a blockchain derivative that works on an operational cryptocurrency mining facility in the U.K. Icetoken truly believes in the decentralized economy and therefore, it gives everyone the opportunity to be a stakeholder and part of the crypto movement and benefit.
This, it achieves by purchasing the exclusive as well as limited Icetoken.
The development of cryptocurrency has given rise to several domains, which include the cryptocurrency mining industry.
Crypto mining consumes a lot of energy as miners grapple with complex mathematical problems in order to generate cryptocurrency. With more miners trying to crack the same code, the complexity of the algorithm increases. Besides, too much energy consumption during mining is detrimental to the overall environment.
To avoid individual mining operations, many miners team up to create a mining pool where they can mine the digital assets together. This is more advantageous to the miners because the entire team works as a single miner and this reduces the complexity of the mining algorithms. The miners are able to share the work among them and in the end, share the block reward.
The platform has scheduled an ICO, whose objective is to generate capital for the expansion and relocation of their U.K. mining operation to Iceland, where they will find a 3MW facility in a place called Grundarhverfi. This move will be cost-effective and will minimize the carbon footprint created by businesses.
This is because Icetoken intends to utilize renewable energy resources, which provides 100% of Iceland’s energy sources. In the end, Icetoken will be one of the most efficient and environmentally friendly mining facilities in the world. Interested parties can buy the token here.
Cryptocurrency Mining For The Masses
Icetoken seeks to initiate cryptocurrency mining for the masses. They are building the world’s most successful mining operation that will change the crypto mining landscape. Interested users can get whitelisted here.