It seems that crypto mining profitability has decreased with the price of Bitcoin tanking in 2022. As a result, many mining companies have temporarily closed their mining operations until the endeavor becomes profitable for them again.
Combining the falling Bitcoin price with the Ethereum network upgrade to Proof-of-Stake (PoS) means that cryptocurrency mining profitability is taking a double hit.
Typically, miners either mine a blockchain directly with their own mining equipment or will pool their resources together in a mining pool to find blocks and secure the network. Unfortunately, the profitability of both strategies has suffered dramatically as the price of Bitcoin falls.
However, besides mining directly and in a pool, there is another method to make money with mining in 2022.
This new method doesn’t require miners to invest in expensive mining equipment, nor does it require miners to educate themselves on the technical jargon needed to join mining pools.
Instead, this new mining method involves investing in an NFT or a coin that uses mining revenues to generate value. The pioneer in this space is about to launch its NFT before its protocol goes live.
This article will introduce you to Copium Protocol and explain how it can help you make money with mining in 2022.
What is Copium Protocol
Copium Protocol is a cryptocurrency mining investment ecosystem that provides a simple solution to participate in passive cryptocurrency mining. The entire idea behind the project is to revolutionize cryptocurrency mining by removing all the technical jargon associated with it and presenting an opportunity to participate without investing in expensive mining equipment.
The Copium Protocol is a multi-pronged Blockchain mining investment project. The entire ecosystem is made up of the following categories;
- Copium Mining
- The Investor Pass
- Copium Coin
- Copium Staking
The entire idea of the ecosystem is to use the daily cryptocurrency mining revenue generated from the Copium Mining facility to purchase Copium Coin from the open market and burn it – effectively reducing the supply, making it more scarce and valuable.
Let us describe each part of this ecosystem and explain how it fits together.
The Copium Mining Facility
The entire Copium Protocol is based around Copium Mining, an established cryptocurrency mining company. The company owns several mining facilities worldwide. However, their largest facility is situated in Otago, New…
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