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Author Topic: VOLUME NETWORK; The BTC of hard disk minning  (Read 431 times)

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Offline Paul_SlimzyTopic starter

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VOLUME NETWORK; The BTC of hard disk minning
« on: August 18, 2019, 12:28:03 AM »
VOL, the Volume Network, uses an encrypted algorithm related to hard drive capacity to guarantee the production of the currency. Similar to Bitcoin that uses an encrypted algorithm related to computing capacity, the circulation of the currency is fair and square; the difference is that instead of calculating the random number from the entire network like BTC does, VOL searches for that number in hard drives of the network. Compared with BTC, VOL stands out with its own edges:

1. Eco-friendlier mining: as we all know, BTC mining has been categorized as outdated production capacity due to its huge electricity consumption. By comparison, the POST hard drive mining mechanism of VOL does not consume massive amount of electricity, which not only avoids energy waste but also makes it convenient for users to mine at home. In addition, the life span of hard drive exceeds that of ASIC chip and GPU used by BTC, which means that you don’t have to frequently update your devices.


2. Naturally anti-centralized: as BTC mining evolves from CPU to GPU to FPGA, the devices become more professional and the computing power becomes more centralized; yet the hard drive mining of VOL is naturally anti-centralized.


3. Lower risks: the general blockchain market remains unstable. If another bearish market hits, many mines will crash and the mining machines of BTC will just turn into worthless pieces of metal. With the hard drive mining mechanism, even if the hard drive is not used for mining, it can still be used for household computers.
For more information on Volume Network, you can check out the official website;@volumenetwork.io

Official telegram group;@VolumeNetworkio

Official telegram channel;@VolumeNetwork
« Last Edit: August 21, 2019, 11:57:34 PM by Paul_Slimzy »


Offline Michael Richard

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Re: VOLUME NETWORK; The BTC of hard disk minning
« Reply #1 on: August 22, 2019, 12:23:29 AM »
I think stuff like Mining and all has to be done incredibly carefully. It is rewarding but only to certain levels, so that’s why we have to be so very sharp and careful with it. I like doing Crypto Mining, but only through proper way and approach, if we are not careful, it could be highly challenging. Most people feel they could make money via Crypto Mining easily which is not true. At least, it is not easy to begin with so that’s where we need to be careful.


 

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