It is no secret that cryptocurrency trading is an extreme sport. With the market fluctuating by the milliseconds, even veterans find it hard to predict its next move, needless to say the next peak or trough. Bitcoin has been a front-runner for the longest time since its inception in 2009 and while most of us know it as the safest option to mine, there are temptations to explore up-and-coming options such as Litecoin (LTC), BitcoinCash (BCH) and Dash (DASH), in hopes of possibly striking it rich when their value skyrocket in a couple of years’ time.
So, what’s holding these traders back?
By and large, established decentralized cloud mining platforms such as Genesis and Hashflare provide the usual multi-token mining options with a wide range of contract plans at varying prices, (include maintenance fees). This essentially means that once a user has selected the coin they want to mine, the contract would lock them in and restrict them to mining the same coin for that agreed period of time, usually 1 or 2 years. However, it is not easy to figure out which coin holds the most potential, hence the worthiest of a contract lock-in. One wrong step and thousands of dollars could go down the drain with no path of return.
MaxiMine prides itself in creating an alternative solution for such tricky situations. By incorporating an extended element of multi-pool switching, users will be able to diversify their mining portfolio at any one point in time after their initial 6 months stake-in, hence reducing the vulnerability of their investments to the performance of that specific coin in the market. For instance, a user enters into the contract with the intention of mining BTC and ETH. However, along the way, ETH encounters bearish trends in the market, causing the returns to the user to be less than satisfactory. The user might even fear a terminal downfall of ETH in the market. In this scenario, users of MXM would be able to diversify and replace ETH with other coins of their choice, such as BTC or LTC, BCH and DASH, hence protecting their mining portfolio for the duration they are contracted to. This can be done anywhere, at the convenience of the user, as long as it is after the initial stake-in.
By incorporating an extended element of multi-pool switching, users will be able to diversify their mining portfolio at any one point in time after their initial stake-in.
MXM offers a wide range of plans for users to choose from, with pledging periods starting from 6 months. Upon the end of the pledged period, the staked MXM tokens returns to the users before they decide whether or not it is worth it to continue pledging for another round of hashing power with MXM. While MXM understands the importance of respecting users’ freedom and flexibility, they also reward loyal users with hashing power with fixed deposit interest privileges, hence lavishing them with greater returns in the long run.
Armed with ease and flexibility, MaxiMine users are likely to be the luckiest bunch out there.
For real-time updates on MaxiMine, do join in the fun on our social media platforms:
Website: https://maximine.io/
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Bitcointalk: https://bitcointalk.org/index.php?topic=3247389.0
Github: https://github.com/maximine
