With the total market value of global digital currency approaching 2 trillion US dollars, a wave of new financial institutions and funds with professional operation and risk control capabilities are now looking to enter the mining industry. TRC-20 is a technical standard used for smart contracts on the TRON blockchain to implement tokens with the TRON Virtual Machine, enabling users to earn up to 6% mining income with simple sign-ups.
TRC-20 is also running a referral program that enables users to earn 10TRX simply by recommending their products. If the referrals recharge, 10% of the second user’s recharge amount is delivered to the first user. The current hierarchy enables 1st level users to earn 10TRX, second-level users can earn 5TRX, while the referral amount for the 3rd user in the hierarchy earns 2TRX. Depending on the user level, the users can also get additional rewards of 10%, 5%, and 2%.
As evident, the threshold for mining is becoming higher and higher as the data from the block research shows that Bitcoin miners earned nearly $700 in December 2020 alone. While mining has often been difficult for small retail investors due to difficulties in making the right choice at each stage, the advent of a “cloud mining” service has been breaking the barrier in recent years.
Cloud mining is the practice of mining for cryptocurrencies using mining equipment leased or purchased from a third-party cloud provider, who is also responsible for maintaining the equipment. Its contract-based structure enables users to make significant savings on those expensive mining machines, select mining farms, and 24 hours operations & maintenance while sampling the process and lowering the entry barrier. Cloud mining has the same fixed deposit cycle, lower subscription threshold, and higher income compared with other platforms’ wealth management and fund products.
According to reports, investors have been able to monitor their data and receive revenue even remotely. Since the mining threshold is lowered, the new and individual miners enjoy the freedom from building a mining environment and performing operation and maintenance work, which has kept them from mining cryptocurrencies. As the TRON network continues to expand massively in terms of DApps, new projects, and services, it has even found applications in the field of the digital entertainment industry.
The experts have hailed the TRON network and made it clear their fast and highly scalable blockchain protocols are going to give them the edge agent earlier projects like Ethereum. The New Era is preparing to implement a worldwide clustered mine management model to properly spread user risks and maintain the platform’s long-term stability.
About TRC-20
TRC-20 is a new era cloud mining company that helps users earn 6% mining income per day.
To learn more visit: https://trc20.homes
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Company Name: TRX20
Contact Person: Lucio Mackin
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Country: Thailand
Website: trc20.homes