What is Stakebox by Nav Coin?
Stakebox is a brand-new piece of hardware that is designed to primarily mine Nav Coin. You can operate it on Windows or Mac or Linux. And it operates a bit different on different operating systems. You need a few things to get started.
How Does Stakebox Work With Nav Coin?
The first thing you need to get started for your system is a Raspberry Pi3 and then a case for it as well. You’ll need a micro USB charger and a micro SD card with a minimum of 8 GB of storage on it. The start of that will be around $60 depending on your location.
Why would you need a Nav Coin stakebox? Because it’s easy to setup to stake rewards for the cryptocurrency. You also don’t need a computer running while you operate it because the Raspberry Pi is hyper-efficient. It’s also fun to leave the Stakebox running and get Nav Coins rewarded to you without having to sit there and operate anything.
It’s also easy to connect to any device that is currently running on your network without having to take a bunch of steps for setup, it’s simply done directly through your Stakebox IP. It’s a great way to keep an eye on your current staking process.
In case you aren’t familiar with Stakebox, it’s one of the more trusted altcoin cryptocurrencies on the market and is based primarily on Bitcoin Core. The cryptocurrency, Nav Coin, is built on a solid foundation and offers full support of easy to use wallets that are fully loaded with several unique features not found in other wallets.
The technical advances offer superior privacy and security with the new SegWit functionality. When using Nav Coin, the user can setup to operate strictly on private transactions that also protect the identity of them while the transactions occur online.
Nav Coin also uses the trusted proof of stake algorithm that is used to process transactions by many other trusted cryptocurrencies on secure networks. The holders of the coin can also stake their investment to receive a 5% reward each year based on their balance.
The team that created Stakebox and Nav Coin is quite extensive and includes several engineers and software developers as well as cryptocurrency specialists. There is an entire digital strategy team that is also helping to ensure the U.I. and Stakebox operation function properly for all users. It’s an easy to use system and setup that is affordable and great for beginners.
StakeBox By Nav Coin Conclusion
If you’re a cryptocurrency enthusiast or looking to get into the industry, Stakebox by Nav Coin is an exceptional place to start. The coin itself offers some features that set it apart from other cryptocurrencies on the market. One of them happens to be that it’s significantly faster when it comes to the transaction times needed. That’s a great trait for newbies who heavily rely on their ROI to keep their business moving forward.
Basically, Stakebox by Nav Coin is an excellent example of ingenuity that was integrated to help beginners with their operation as well as veterans and it actually happened with great success.