It is well known that mining requires high computing power. At its peak, cryptocurrency mining was an arms race that led to a GPU shortage due to the increased demand for ultimate generation graphic processing units (GPUs).Bitcoin mining profitability at the moment is uncertain, and individual miners wonder if bitcoin mining is still profitable in 2022. According to recent research from 2021, professional bitcoin miners control 90% of the mining capacity.With prices rising everywhere, the bitcoin mining reward is getting more complex and more expensive due to high energy costs and mining hardware costs. In addition are many risks associated with mining. As aforementioned, the financial risk of mining Bitcoin is substantial because one investor could go through all the effort that requires purchasing hundreds of thousands of dollars worth of mining equipment only to have no return on their investment.Fortunately, WEI Foundation has announced a new payment system called WEIpay Business with an innovative principle that allows user mining through transactions. The crypto-mining principle is simple and carried out simultaneously by sale and purchase. Quickly explained, the seller and buyer can get up to 2% of each transaction, increasing profits or reducing costs just by making a single transaction.This principle ensures that volatility does not affect an item’s cost and is a critical factor in the WEIcrypto ecosystem, which is already opening an entirely new era in the crypto industry thanks to its innovative solutions.WEIpay benefits from the modern financial systemsWEIpay is an innovative payment system specially developed for individuals and organisations, which absorbs all the advantages of online banking, such as NFC payments and sending funds using just the phone number. Today’s credit system is full of issues that make it inhumane: high-interest rates, credit dependency, risks associated with the inability to pay mandatory charges due to loss of income, and brutal ways to repay borrowed money. All this puts people in a condition far removed from the concept of “progress.”Thus, our solutions create a whole ecosystem where using cryptocurrencies and blockchain technology becomes the most convenient and profitable for all users.WEIpay system was designed to support sending, receiving, and storing separately only one currency. Deals can be made in USD, EUR, GBP, AED, and JPY, equivalent to WEI.When exchanging the currency rate is locked for 1 min for you to close the deal based on that decided rate of crypto exchange. If users would like to use a different currency, they can easily contact our service support and our team will assist them in integrating it within 5 days.This system is much more cost-effective than any other; WEIpay is a convenient way to send money anywhere, accept payments, or pay for services.WEIbackA mechanism, which sees both the sender and receiver rewarded with newly minted WEI. This creates an eco-friendly mining method which engages users and incentivises to use WEI as money instead of holding.WEIpay advantages<ul><li>No one but you has access to your wallet. Only you are responsible for keeping your funds secure.</li><li>Earn up to 2% of the transaction by purchasing in WEIcrypto network partners.</li><li>Make instant transactions all around the world. WEI payment takes no more than a few seconds to confirm the transfer.</li><li>Transfer funds to your family or friends, not only by entering a wallet number or scanning a QR code but also by a phone number or by attaching your device to the NFC tag.</li></ul>To start using WEIpay, you only need to complete four steps:<ol><li>Download the app available for Android and iOS.</li><li>Choose the account type you would like to create.</li><li>Create a wallet</li><li>Send and Receive WEI</li></ol>Trust is the thread that runs through all areas of the WEIcrypto project and unites them with their users. This is why the project is called “WEI,” which means “WE” in the language of one of the tiny mountain peoples.Join our <a href="https://t.me/weicryptocom" rel="noopener noreferrer nofollow">Telegram</a> group for the latest updates, and make sure to follow our social networks, <a href="https://www.facebook.com/WEIcrypto-104552521956640/" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://www.linkedin.com/authwall?trk&#61;gf&amp;trkInfo&#61;AQHX86U591zEuQAAAYD7PcEQNmeXlU2YUEHKD2eoHGOzgqweUdSGogl5a8EETPqbU80SqFaUyQF4t_0I9g_iKYygSUf9kPCpvcUpN0Kt0_bKnhh5AO8Ox78jvVLGqU3_UHl-1RM&#61;&amp;original_referer&#61;https://weicrypto.com/&amp;sessionRedirect&#61;https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fweicrypto" rel="noopener noreferrer nofollow">LinkedIn</a>, and <a href="https://twitter.com/teamweicrypto?s&#61;11" rel="noopener noreferrer nofollow">Twitter</a>, for all the news.

The Innovative Principle of Crypto-Mining Through Transactions.

WEIcrypto

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