PRIZM

Almost every person who is at least a little interested in the world of finance has heard about cryptocurrency mining. Mining is the extraction of coins. In a simpler sense, this is the transformation of electricity into information, and this information is called cryptocurrency. It comes in different types: Bitcoin, Litecoin, Dash, Prizm. And you can create it yourself. This requires tools, equipment - video cards, ASICs, antminers, which were very popular until recently, until the payback of mining fell significantly. But all this is a way of mining coins that is a thing of the past. For a long time there is a new one that does not require huge electricity costs and large investments. Prizm has been implementing a concept for 5 years that allows any user to easily receive cryptocurrency.Paramining technology.A unique technology implemented at the moment exclusively in the Prizm coin. This is paramining. Paramining is a three-factor way to increase the number of coins in your wallet. Thanks to it, you can buy 1, 10, 1000 or 10000 prizm coins and produce new coins just by having a wallet and not installing expensive and complicated equipment. That is, you get a reward simply for storing cryptocurrency in your wallet, because all users receive the emission of new coins. Therefore, it is very easy to mine prizm. In fact, this is mining, but unusual, but “paranormal”, not like the mining of other cryptocurrencies. Hence the name paramining.And how to mine Prizm?It is enough to purchase 1 coin to your personal wallet and your mining will start. The more coins you store, the faster the mining speed. But since the number of coins is limited, it cannot last forever, so mining is automatically turned off when the balance on the wallet reaches 1,000,000 prizm. But even in this case, there are technologies for additional receipt of coins. We will tell you about them a little later.What other factors, besides the balance of coins, affect their accelerated mining?The number of coins on followers&#39; wallets up to level 88. Yes, this is an MLM system, but it is not an add-on or some kind of program, but a built-in feature of the Prizm blockchain coin. This makes it more secure because you do not trust the money to some program, but store it in your personal wallet and your followers who stand in the structure below you also store coins in their personal wallets. At the same time, they participate in the MLM network, speeding up your paramining. And the third factor that affects the accelerated mining of coins is the coefficient of difficulty in mining coins. If everything is clearer and simpler with the structure, then we will talk about the mining difficulty factor in more detail in the next article.

Why does Prizm have “paranormal” mining?

Prizm

Other articles published on Nov 21, 2022

ICON Tracker Gets a Fresh Upgrade

Betting Sites Not on GamStop UK – Top 3

How to Join TopGoal x CoinMarketCap Football Festival Campaign

Here Are 5 Potential Crypto Implementations Elon Musk Could Go For at Twitter

Trust Wallet Launches Its Browser Extension

Embed NFT data into any website or platform

Join our free newsletter for daily crypto updates!