DIGITAL CURRENCY
β A means of payment that exists purely in electronic form.
β Digital money is not tangible like dollar bills or coins.
β Accounted for and transferred using computers,
smartphones, credit cards and the internet.
CRYPTOCURRENCY
β Cryptocurrency is a digital currency.
β Cryptocurrency is extremely difficult to counterfeit.
β Cryptocurrency is not issued by any central authority.
β Cryptocurrency is less susceptible to interference or manipulation.
β Cryptocurrency uses blockchain to store the details of all
transactions.
β Bitcoin is the most well known cryptocurrency.
BLOCKCHAIN
β Digitized, public ledger of all the recent cryptocurrency
transactions called blocks.
β Blocks are linked and secured using cryptography.
β Allows market participants to keep track of digital
currency transactions without central recordkeeping.
THE FUTURE
β Because of the unique benefits, many people believe
cryptocurrencies will replace traditional currencies in
the future.
β People all over the world are investing in or purchasing cryptocurrency coins.
CRYPTOCURRENCY MINING
β Cryptocurrencies are digitally mined rather than produced by a government.
β Mining cryptocurrency is the act of participating in a peer to peer
cryptocurrency network to solve complex mathematical sequences or problems digitally.
β Cryptocurrency mining includes two key functions:
β 1 - Adding, securing, and verifying transactions to the blockchain
β 2 - Releasing or producing new currency
β Cryptocurrency miners use special hardware and mining software to solve each mathematical sequence and are rewarded for doing so.
β Hash Rate: The speed at which the computing takes place is called the hash rate. A higher hashrate or more hashing power is better as it increases the opportunity of finding the next block and receiving the reward.
HOW CAN YOU CAPITALIZE?
β Wealth Generators has invested into state of the art cryptocurrency
mining equipment in Hong Kong and Iceland.
β Cryptocurrency mining equipment lease contracts are now available to CRYPTO customers.
β Contracts provide customers 1200 days of cryptocurrency mining
To learn how you can start mining cryptocurrency today, visit http://bit.ly/digitalcurrencyqueens for more info.