Summit Mining

Business Description Cryptocurrency mining is very simple to understand.
In a few words, it consists of checking and validating the transactions when people send some cryptocurrencies to one another. Indeed, by nature, there is no bank in the cryptocurrency universe for performing this kind of verifications.
Miners are people mining. As a miner, for verifying a transaction, you will receive a fee. Like a bank taking a fee when you send money. The sweet part of it is that anyone can become a miner, as long as you buy the proper type of computer for verifying the transactions. So anyone can receive some money from the millions of transactions that are made on cryptocurrencies.
Even you.
Rather than going too far into the technical details on this page, we have prepared a dedicated page for you, which explains everything in a simple way, and which will allow you to understand all the ins and outs of this type of investment.
Tags Cryptocurrency, cryptocurrency universe, Miners, mining, technical
Website https://summitmining.io/
Articles about Summit Mining:
- April 10, 2023 Meet the companies exhibiting at this year’s EU-Startups Summit!
- February 14, 2023 Where are they now? A look at 10 previous finalists of our annual Pitch Competition!
- May 23, 2022 8 European startups helping you boost team connectivity
- July 7, 2021 Austria-based Blockpit lands €8.4 million investment to boost its Cryptotax software
- November 24, 2020 When it comes to cybersecurity, the Ruhr metropolitan area plays in the Champions League (Sponsored)
- April 5, 2019 Startup Jobs of the Week: Join SlidePresenter, EU-Startups, Ecosia, or Neuraum Ventures
- March 15, 2016 European angel & P2P summit in Prague showed trends in alternative funding
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