DAGO Mining

DAGO Mining
4 min readApr 26, 2019

LIBERATING THE CRYPTO-CURRENCY MINING INDUSTRY

The creation of virtual currencies, has really shown the level at which the world has advanced.
Since Bitcoin opened the door for other crypto-currencies, a lot of them has flooded the market.
This shows the use and the level of adoption that these virtual currencies are gaining globally.
These crypto-currencies, (take Bitcoin for an example) are rapidly increasing in value, new coins are emerging into the crypto-currency market, in order to give the users, the best. All these are dependent on the mining industry.

THE MINING INDUSTRY

The crypto-currency mining industry is an industry which is tasked with sourcing for these crypto-currencies. So you see?, this industry plays a vital role in the crypto-currency world, as the crypto-currency values as well as the creation of new crypto-currencies, are based on the mining power of the crypto-currency miners.
In fact, the role which the mining industry plays in the crypto-currency world cannot be overemphasized, so should be given the needed attention and support.
Energy is one of the most important tools used in the mining industry, it is like the driving force of this industry, as mining requires a great amount of energy, to take place.
So the worth of the crypto-currencies mined, is proportional to the energy level utilized.
For coins like Bitcoin, with high worth, a whole lot of energy is used during mining.
Another set of important tools, used in the mining industry, are the mining equipment.
Crypto-currency, being a beneficial and recent trend, cannot be mined with outdated or crude equipment.
In order to ensure efficiency and maximum output, highly sophisticated technologies and equipment are used in the mining industry.
But the nagging challenge is the blockade which has surfaced in the mining industry.

THE BARRIERS IN THE MINING INDUSTRY

LACK OF CLEAN ENERGY SOURCE
This has become a very big challenge in this industry, as the energy required for mining, is inefficient.
The available energy which is gotten from fuel burning and fossils, actually result in disasters such as pollution and global warming, if it is continually used in mining.
Sadly, the crypto-currency industry, which was supposed to revolutionize the world, is rapidly damaging it, due to it’s great need for energy.

EXPENSIVE AND INADEQUATE MINING EQUIPMENT
This has been another setback in the mining industry, as there are inefficient technologies for mining, and the available ones are very expensive for crypto-currency miners. So generally, the crypto-currency mining industry has been rendered unproductive, thereby affecting the crypto-currency world, and the global financial system at large. But all these are now a thing of the past, because there is a lasting solution.

INTRODUCING DAGO, CRYPTO-CURRENCY MINING MADE EFFICIENT

Dago is indeed, the answer to the prayers of the mining industry.
It is aimed at liberating crypto-currency mining, making it more profitable.
Dago will solve the energy problem by adopting the photovoltaics and CSP-fresnel. This enables Dago to provide a green and pure energy, for the miners and other blockchain operations.Utilizing this sophisticated technology, renewable and adequate energy will be produced, at a very low cost, giving no room for the disasters caused by burning fuel.

That’s not all.

Dago does understand the need for pure and green energy, so it does not intend to waste the electricity it will produce.
Rather, it will use it’s advanced electricity storage technology, to store the electricity produced in excess, which can then be used at night, or when the system is not producing electricity.

Wow!! this is really a great news for the crypto-currency mining industry.
And Dago still has a lot more to offer

Dago will provide mining equipment, which will make crypto-currency mining, seamless and effective.
With the right tools, a great output is guaranteed.
So with Dago mining, the needs of the miners will be met, and mining which is characterized by safety and efficiency, will begin to take place at a very low cost,thereby ensuring profitability. Also, to ensure the safety of mined crypto-currencies, Dago will also develop a separate internal network, to store the crypto-currencies and fortify it against attacks by cyberpunk.

DAGO TOKEN

DAGO is an ERC-20 based utility token.It is the native currency of the Dago platform, and will be of great benefit to the investors, as they can hold the token, and get paid dividends at the end of every financial year.

In CONCLUSION

Dago mining has the interest of the crypto-currency industry at heart, so will ensure that everything needed to make the industry a beneficial one, is provided.

https://www.dago-mining.com/ico/

--

--