Miners with underpowered setups and less infrastructure end up spending more than the income generated. Reasons being; expensive hardware, costly electric power, maintenance and security along with issues such as hardware and electric failure, network disruptions, price variation among others.
To make mining truly accessible, profitable and Hassel free for everyone and being more cost effective, we at MineMuse have come up with solution. We are manufacturing our own ASIC for future use. We will be creating our own electric power using the natural resources available, which will reduce our costing for mining; also with its use we will be able to mine more quantity in less timeframe. Manufacturing our own ASIC will result in less expenditure for the hardware's to be used. We are also planning to sell further our own manufactured ASICs to other mining corporations, which will help us in growing along with the profits.
We all at MineMuse want that mining of the cryptocurrency should be available to every mining enthusiast. Our mission is to connect with people all across the world and providing them with the best of mining, with less expenditure and more advantages.
We aim at providing the best and charging the least which will also help us in our growth.
To be able to run a profitable mining business a very specialized, high-power machinery and cutting- edge technology is required. We at MineMuse our mining equipments directly from manufactures at heavily-discounted rates which reduces the overall cost of mining.
Also we have a group of well established resources who have been mining since long back and have great knowledge and potential to do the mining.
The temperature of these stations is on a high side because of the excessive amount of heat produced by these mining equipments, so to reduce the head and bring down the temperature, our mining stations are designed in such a way that there is a proper arrangement for ventilation and less electric power is consumed for this purpose.
It is the measuring unit that measures how much power cryptocurrency network is consuming to be able to function continuously. Continuously functional means how much hash power is being consumed to generate/find blocks at the normal mean time of 10 minutes.
Mining network consumes a huge amount of energy as it has to solve intensive mathematical computations regularly to find the blocks. These computations for searching the blocks are mathematical puzzles that are not possible for a miner to guess without a lot of computation. To mine a block successfully, a miner needs to hash the block’s header in such a way that it is less than or equal to the target set.
Miners arrive at this target by varying a small portion of the block’s headers, which is known as nonce. This always starts with 0 and is increased each time for reaching the required target.
As the varying of the nonce is hit and a miss, so the chance of getting this particular target is very low. Hence, many attempts must be made by a miner by varying the nonce.
And this number of attempts made per second is known as hash rate or hash power.