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Unlike paper money, Bitcoin and other cryptocurrencies are produced mathematically and held digitally. The people who voluntarily offer their computing power to secure these cryptocurrency networks are called miners. Cryptocurrencies don’t have a central government or other so-called ‘middlemen’ that decide about the future of the system. – They are in fact digital, borderless democracies in which miners vote with their computing power to reach order and consensus.
Today, bitcoin is the most secure computer network on the planet and it’s practically impossible to break it! The reason for that is hash power, the umbrella term used for the computing power that miners provide to the bitcoin network and similar cryptocurrency networks. Due to the rapid growth of the ecosystem, mining operations today are mostly running with specialized high-performance computers that function most efficiently set up in large data centers.
As miners, we are processing and verifying the transactions of the cryptocurrency ecosystems and keeping their public transaction history (=blockchains) maintained and secure. For this, the mining community is rewarded with the networks’ transaction fees and newly created coins. It’s a win-win situation! When you start mining with us, you are getting your share of this reward.
To keep the integrity (and values!) of all cryptocurrency ecosystems intact, miners keep the networks safe and its authority decentralized by keeping each other constantly in check. This allows both a healthy growth and a fair distribution of currency units to all crypto-citizens!
We are focused on supporting the Bitcoin ecosystem through proof-of-work mining. We are believers in Bitcoin and our efforts aimed at growing our mining operation demonstrates our commitment to the Bitcoin network.
As we grow larger and larger and we design our data centers with more foresight and knowledge about the mining business, we are able to make improvements to our data center design that drastically decrease need for manual labor. To achieve the best performing mining system, our team carefully broke down every component that goes into mining:
From there, we reimagined what the perfect mining solution would look like and finally, after thousands of man hours, the solution was ready.
© 2022 Avillion Capital Limited
