Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] MaxiMine (MXM) | Multi-Switching Mining Pool with Ultra Hash Rate
by
Laland
on 07/05/2019, 09:16:39 UTC
MXM: Kickstart Your Mining Journey With Ease



In the past few months, MXM experienced a sharp spike, drawing attention from the cryptocurrency circles abroad and in China. Many reputable media outlets reported on its growth and explored the factors behind MaxiMine’s excellent market performance. The exponential rise observed was concluded to be due to MXM’s inherent value, and its dynamic and efficient operating systems.

MXM is a digital token issued by the MaxiMine project and is used in the MaxiMine ecosystem. Unlike other digital currencies, users can trade MXM on relevant trading platforms and stake on hashing power to earn mining rewards. This business model greatly reduces the barriers to entry in the mining industry as users do not need to be concerned with technical aspects such as the mining power or mine operations, etc. Instead, with the MXM token, they avoid bearing the risk that comes with owning a mining operation while reaping the rewards through their mining.

For individual investors, setting up a mining operation is risky and difficult as it requires a wealth of technological knowledge and great financial backing. Therefore, MaxiMine has launched a blockchain-based mining pool that integrates the decentralised nature of blockchain technology with the advantages of a mining cloud pool, creating an open, fair and transparent cryptocurrency mine. The use of the MXM token easily dispels any apprehension faced by individual investors that bars them from participating in the crypto mining industry.

That being said, how do MXM tokens exchange for hashing power? Let’s illustrate it with a case study. For instance, User A purchases 10,000 MXM tokens when MXM’s real-time market price is at 1 RMB and the price of the mining machine is valued at 10,000 RMB. The 10,000 MXM tokens purchased by User A is equivalent to a six-months mortgage of the mining machine, meaning that any rewards mined by the machine during the stipulated period of six months will go to User A’s wallet. Isn’t that great? Users are also absolved from the maintenance, operations, electricity cost of the mining machine and are freed to trade MXM on other trading platforms, gaining profits through the buying or selling of tokens at suitable periods of time.



Source: CoinMarketCap

To date, MaxiMine has issued a total of 16 billion MXM tokens, with 1.6 billion MXM circulating in the market. Its 24 hour trading volume is over 9 million USD, and it has a total market capitalisation of over 59 million USD. Ranked in the top 100 based on market capitalisation, MaxiMine sits comfortably at the 85th place with great room for growth and high value for investment. This opportunity is certainly one not to be missed especially in a bear market like this!

Currently, the MaxiMine mining pool includes the Bitcoin mining pool, the Ethereum mining pool and the Litecoin mining pool. In the future, the MaxiMine team plans to incorporate other mining pools to meet the various needs of its users, offering them the option to choose freely among the pools. Adding more mining pools also enhances and increases the value of the MXM token and its overall functionality. While slumps in the market may lead to financial losses in the portfolios of investors, it also provides a prime opportunity to purchase promising cryptocurrencies like MXM at a lower price. Who knows? MXM may just be the coin needed to tide you through this bear market.

To find out more about MaxiMine, check out our social media accounts at:

Website: https://maximine.io/

Telegram: https://t.me/maximine

Reddit: https://www.reddit.com/r/maximine/

Twitter: https://twitter.com/maximinecoin

Medium: https://medium.com/@maximinecoin

Bitcointalk: https://bitcointalk.org/index.php?topic=3247389.0