AND THE BLOCKCHAIN
WHAT IT IS - HOW IT WORKS - WHY IT'S IMPORTANT
HOW WE MAKE MONEY FROM IT - HOW YOU CAN TOO
WHAT IS BITCOIN
Bitcoin is the first, original cryptocurrency. Currently there are over 600 cryptocurrencies All of them run on Blockchain technology.
If you don't know what Bitcoin is or how it works, watch this short video which explains it nicely.
WHAT IS BLOCKCHAIN TECHNOLOGY
Devised by Satoshi Nakamoto the inventor of Bitcoin, as its name suggests, blockchain is a chain of blocks, each one a record of a transaction, which permanently lives on the Internet. It is a virtual ledger that accepts inputs from different parties — such as transactions using cryptocurrencies - Understand the Blockchain in 2 minutes - Watch this Video
HOW BLOCKCHAIN TECHNOLOGY IS
CHANGING THE WORLD
The Dutch city of Rotterdam wants to use blockchain to record lease contracts, while Sweden and Honduras are looking to place their land registries on blockchain.
In Kenya, the government is running pilots, with the help of tech giant IBM, to test blockchain technology in the management of health, education and property records. Elsewhere, Dubai wants distributed ledgers to power its entire government by 2020. Watch this video to get a good understanding of how blockchain technology is on the verge of changing the world.
19 INDUSTRIES BLOCKCHAIN DISRUPTS
Blockchain is a disruptive technology because of it’s ability to digitize, decentralize, secure and incentivise the validation of transactions. A wide swath of industries are evaluating blockchain to determine what strategic differentiators could exist for their businesses if they leverage blockchain.. This video highlights 19 industries blockchain disrupts.
WHAT IS BITCOIN MINING
As of September 2017, over a thousand
cryptocurrency specifications exist; most are similar to and derived from the first fully implemented decentralized cryptocurrency, Bitcoin...
Miners have a financial incentive to maintain the security of a cryptocurrency ledger.
Watch this video to understand bitcoin mining.
At this stage you should understand the concept of THE BLOCKCHAIN
and BLOCKCHAIN MINING.
As miners we are tasked with securing the blockchain
and verifying transactions on the blockchain.
For this work we are paid a monetary reward.
Miners can choose to mine any blockchain whether it be Bitcoin, Ethereum or
one of the blockchains being rolled out by a government or a bank.
As miners we invest in the equipment that mine the blockchain, currently we earn rewards mining Bitcoin or one of the other cryptocurrencies, in the future we may utilize our equipment to verify votes, bank loans or Amazon deliveries.
Miners are not concerned about Bitcoin's volatility or
whether the latest ICO will be around next week.
Blockchain tech is here to stay and
as miners we are at the coal face of this
exciting world altering technology.
THE WORLD'S MOST SECURE CRYPTOCURRENCY MINE
WHO IS LIFESTYLE GALAXY
Galaxy Mining is a crowdfunded mining pool operated by Lifestyle Galaxy . It is a large mining business with two significantly sized physical mines located in the U.S. state of Washington. The firm is also one of the largest altcoin mining facilities located in America.
The company, led by its CEO Ken Brough and CFO Randy Prince, offers mining packages enabling members the opportunity to mine bitcoins and other alternative currencies. Galaxy members can mine altcoins such as Zcash, Expanse, and Ethereum with more coins to follow in the near future.
THE BEST VALUE & SECURITY IN THE INDUSTRY
Lifestyle Galaxy offers some of the most affordable mining contracts on the market
which can be appealing to citizens all around the globe.
By using the least expensive power of any currently known mining operation in the world, in combination with superior construction, cooling, and operations technology we’re able to provide some of the best value and security in the industry.
Galaxy Mining offers people the ability to take advantage
of the bright future of cryptocurrency.