Thanks to the unending advancement in technology, today we have a fast and rapidly accepted new technology though not yet globally accepted. The blockchain technology which is the birth of Bitcoin(the first cryptocurrency to he created), with all the advantages of the blockchain technology the most fascinating of all is the complete transparency of transactions on the blockchain which makes payment with this new method the most trusted of all. This technology was such in a way that transactions recorded can't be changed nor falsified since it needed to be confirm by multiple sources around the globe known as Miners.
A miner is one who verifies transactions and adds it to the public ledger, known as the block chain. Miners are rewarded when they become the first to solves the puzzle and gets to place the next block on the block chain and claim the rewards which makes the process highly competitive.
Literally Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.
Well, while cryptomining can generate a small income for a cryptocurrency miner, in most cases only in the amount of a dollar or two per day for an individual using their own dedicated computer hardware. Expenses like electricity, internet connection, and computing hardware also impact the net revenue generated by cryptocurrency mining. To make this activity easier was mining pools created; mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block.
Over the past fews years it been considerably of a high cost for miners to actually mange mining on their own due to the factors of resources e.g electricity, hardware etc. We had solution of mining pools e.g BTC.Com, Antpool,ViaBTC, Slush, F2pool, BTC.top and a whole lot more. These pools have been incredibly useful over the course of the years helping miners and making the process a lot easier. The have been 3 major problems of the minning pools stated below;
- Lack of Transparency
- Difficulty Knowing What to Mine
- Difficulty Tracking the State of Hardware
What if I told you all these can be solved. Yes it can I present you WHALESBURG 🐬. Whalesburg holds the key to a perfected mining pool center where:
- There is Simplicity of the setup of your mining operation.
- There is Increase your yield.
- There Offer you the best time-saving mining tools.
This is all in one bag. Whalesburg mining platform is a software bundle for cryptocurrency miners. WHALESBURG🐬 stands to be the first crypto-mining platform with an profit-switching algorithm!
The Problems
With the stated above problems of the mining pools earlier it can be understood that Miners need to be sure that amounts displayed are real and that they are not being
cheated they need true transparency the ability to track their earnings from a block reward to their wallets, also have there been a consistent problem to miners the indecision of what to mine, miners could yield more by Miners could yield more by delegating these processes to a computer program and switching to the most profitable coin almost in real-time, all these does WHALESBURG 🐬 offers additionally Miners need software that notifies them automatically when to make the necessary adjustments to their hardware and detect when something is wrong at an appropriate time. Whalesburg is here for all cryptocurrency miners to offers the best time saving mining tool.
The Solution Whalesbrug 🐬 Offers
- Anonymity: Only your email and wallet addresses are needed.
- Transparency: You can track all transactions with the help of a blockchain scanner to sure all transactions are correct and fraud free.
- Smart-Switching: This enables one with the help of the system to mine the appropriate coin for optimum profitability. All calculations has been made already by the system and no need for you to sweat 😰 out on price etc.
Additionally More Coins opportunity for mining also Proportional Rewards. Kindly refer to the Whitepaper for more details about the solution.
The Platform
WHALESBURG is subdivided into 5 moan parts:
- Multi-currency mining pool.
- Operating system.
- Whalesburg Cloud.
- Profit-switching solution.
- Hardware monitoring & management software.
All these makes up the entire whalesburg for more Information refer to the Whitepaper.
HOW TO USE THE PLATFORM
All it takes to start is simply by creating am account after downloading the software (available on Windows, Linux, MacOS) filling the respective wallet address to each particular coin you are interested in mining interestingly if you will like all your profits in ETH infact this is very possible by imputing your ETH address and clicking the option convert to ETH automatically.
There will be an option to sell your converted bitcoins instantly (or by your request) if you wish to get fiat money right after each block has been confirmed. It will be available at a rate even better than at localbitcoins.com thanks to our partners like wallbtc.com You can download and install the mobile (iOS, Android, Windows Phone) and iWatch (or Android Wear) applications, which will allow you to monitor and control your mining process remotely. It will notify you for only the cases you have customized in the setup.
The Token
An utility token will be created for better services in the platform, use cases includes:
- Membership Ticket
- Decentralized Governance: members votes for the features that they want and majority is considered first.
- Address Verification: to fight again fraud and abuse each memebr must own certain quantity of the Token to proof legitimate.
There is a token sale proposed and its live already to aquire more details about the token sale refer to the website or join the telegram group for your enquires and to purchase your tokens swiftly.
Token Sale Detials
Hard-cap: token sale ends if 3800 ETH is raised; this includes funds raised during pre-sale
WBT price 0.0000718 ETH;
Unsold tokens will be destroyed
66,000,000 WBT for the token sale events has been budgeted. Analysis of the Token Distribution is shown below.
The Team
The team members of the project are amazing individuals who are experts and professionals having good profiles in the field/aim of the project. The team members include:
- John Kitkin
CEO, co-founder - Vladimir Protasevich
CTO, co-founder - Konstantin Lermontov
CMO, co-founder - Nurlan Abdrassilov
Chief Operating Officer - Alexander Salomatov
Mining Experience Advisor - Vasily Ivanov
Crypto-community Advisor - Arseniy Grusha
Mining Experience Advisor - Adrian Huwyler
Digital Marketing Advisor
Check out the rest of team by following this link.
To make further research about the project check the following links
Website:
Whitepaper:
Mining pool:
Facebook:
Telegram:
Medium:
Reddit: https://whalesburg.com https://whalesburg.com/whitepaper https://pool.whalesburg.com https://facebook.com/whalesburg https://t.me/whalesburg https://medium.com/@whalesburg https://reddit.com/r/whalesburg
Writer's Bounty0x Username: PhilMovs
Very well written and full of details.Great piece
Thanks
Nice write-up
Thanks
This is a good project
Nicely written
Thanks.
Whalesburgh ? First time hearing about the project, I will take a look at their whitepaper, meanwhile, nice piece you have here.
When will the token sale start?
Very detailed article.. Do you think they'd beat their competitors??
How is this project different from it's competitors?
I believe whalesburg will make minig easy