Crypto Mining in 2022 Is it Worth it?

Unfortunately, as the price of Bitcoin has fallen, the profitability of both techniques has declined considerably. When the declining Bitcoin price is combined with the Ethereum network’s upgrading to Proof-of-Stake (PoS), cryptocurrency mining profitability suffers a double blow. Copium Coin is an ERC-20 Ethereum network-based token, which means that any wallet capable of storing Ethereum can also store Copium Coin. For cold storage of large amounts of cryptocurrency valued at over $10,000, we recommend using a TREZOR Hardware wallet.

Any Copium Coin bought through crypto mining revenue at Copium Mining will be sent directly to a burn address, making Copium Coin a deflationary asset. All NFT holders are entitled to receive an exclusive Copium Coin airdrop, will receive higher staking rates, and can claim a daily allocation of Copium Coin. Focused on laying the groundwork for decentralized mining investments, Copium Protocol will soon release an NFT pool to raise funds for business expansion. It distinguishes itself because it allows consumers to passively invest in cryptocurrency mining. As you can see, Copium Protocol takes an innovative approach to bringing crypto mining to the masses. Rather than renting hardware or hash power, the project upgrades its mining infrastructure and shares its benefits with users through an advanced investment ecosystem.

Copium Mining Presale: What You Need to Know?

To get involved with the pre-mint, simply head over to the early registration page, listed at the top of the project’s website. The pre-mint for the Copium Protocol Investor Pass NFTs has finally gone live on the project’s website. Copium Investor Pass NFT collection will be launched via a Dutch auction scheduled for early-mid October. While the price of each NFT will start at 3.5 ETH, you can get them for a discounted price of 3 ETH by registering early.

In addition, all Investor Pass NFT holders will automatically be entered into a giveaway to win one of the two Bitcoin prizes on offer. However, there are only 2,000 spots available for the pre-mint white list, so you will need to be quick to register your interest. The corporation expects the coin to be highly deflationary if it buys and burns it regularly. Copium Coin will also be launched around the same time, debuting its exchange listing with Uniswap. The first 2000 people to pre-register via the pre-mint link published on the https://www.xcritical.com/ website are eligible for the discount.

What is the Copium Protocol? The Copium Coin

The staking dashboard allows you to check the interest rates and potential earnings before you sign the staking contract. Since the platform is noncustodial, you retain the ownership of your assets during the staking period. It is completely powered by a surplus of 100% clean, renewable hydroelectricity generated locally. https://www.xcritical.com/blog/best-way-to-earn-crypto-rewards/ is a multi-pronged mining investment project based on the Ethereum blockchain. The project is centered around Copium Mining, a crypto mining company registered in New Zealand.

The pre-mint registration grants holders a white list spot to mint their Investor Pass NFTs at a special discounted rate of 3 ETH instead of 3.5 ETH. Investors can also stake the NFT on the platform in exchange for daily distribution of 10 Copium Coins per NFT, and they will be entered into monthly Copium prizes automatically. In addition, the Copium Staking Protocol will be installed after the Investor Pass is introduced. Additionally, you can stake your Copium Investor Pass in exchange for attractive yields.

What Happens to the Funds generated in the NFT sale?

The project’s involvement plan for investors is neat, simple, and highly rewarding for those early birds that support the project from its very beginning. Registering for a Copium Protocol Investor Pass NFT today will ensure you get the best out of this amazing crypto mining project. Each holder of the Copium Protocol Investor Pass receives an airdrop of 10,000 Copium Coins. Once these coins are in your wallet you can choose to stake them on the platform to receive 10 new Copium Coins every day. These daily earnings are guaranteed for two years regardless of the price of Copium Coin until you decide to claim the earned coins.

• As a holder of Copium Investor Pass, you become eligible for a wide range of perks and privileges in the Copium Protocol ecosystem.
• Copium Mining facility is set in a temperature-controlled location that is also rich with clean energy.
• Copium Coin holders will be able to stake their holdings for a variety of high-yield interest rates and time periods.
• Copium Investor Pass NFT collection will be launched via a Dutch auction scheduled for early-mid October.
• Additionally, you can stake your Copium Investor Pass in exchange for attractive yields.
• However, any interest accrued during the staking period up until the date of early cancellation will be forfeited.

You can stake your Copium Coins and Investor Pass in the Copium Staking Platform, which is expected to go live after the launch of the Investor Pass NFT collection and Copium Coins. In addition to that, the proceeds will be used to upgrade infrastructure and capacity at the existing Copium Mining facility.

Who is the Top Bitcoin Miner?

The coin that powers the Copium Protocol will have a total supply of 1 billion, with the first 100 million expected to be distributed in the initial airdrop to Investor Pass holders. The Investor Pass NFTs are scheduled to be sold by Dutch Auction at the starting price of 3.5 ETH. The project has a special offer for early birds who register on the official website, giving 2,000 people a guaranteed mint spot at a lower, fixed price of 3 ETH. These mining contracts tend to have expiration dates and are likely to underperform when the cryptocurrency industry is bearish, such as we are experiencing during Q3 2022. Owners of the Investor Pass NFT will also be eligible for a special airdrop of 10,000 Copium Coins, the native ERC-20 token that powers the ecosystem.

The maximum staking period available for Investor Pass holders is 36 months, while the maximum staking period for public users is currently 24 months. Copium Mining Facility will use its daily cryptocurrency mining revenue to purchase Copium Coins from the open market, providing the Coin with constant liquidity. The purchased Copium Coins will then be burnt, reducing the supply, increasing scarcity, and ensuring Copium Coin remains a deflationary token. At the same time, the daily mining revenues will continue to be used to purchase Copium Coin from the open market, providing a sustained demand for the token. Both of these factors are designed to ensure that your investment will continue to grow over time. On the other hand, Copium Protocol is a long-term passive cryptocurrency mining ecosystem.