Crypto mining is a lucrative opportunity for all crypto enthusiasts who have the means and the resources to outperform the complex barrier which bars newcomers from entering, allowing only professionals and investors. To remain an active miner, people need high-quality mining equipment, a stable and seamless connection to the main servers, and a huge amount of electricity which is quite out of the budget for a lot of people.
Problems faced in the professional mining sector
Being a private miner, crypto enthusiast or an experienced individual who intends to keep mining professionally, you need a lot of resources as mentioned earlier. Buying the right equipment, property, installing everything, maintenance, electricity bills, and rent could use up all of your capital taken from mining rewards that might never come back.
Another hurdle for miners is that when they decide to stop mining, they end up unable to sell any of the purchased hardware easily or at an appropriate price. Donating that professional-grade mining equipment to a data centre is sometimes the easier way than having to pay rent for its storage as well as transport.
The solution – GMT
The team behind GMT after spending a considerable amount of time on figuring out a way to solve and remove these issues from the mining ecosystem came up with GMT Token. This project is visualized to become the ultimate solution for all the problems faced by new or old miners.
GMT is a unique token powered by a real and ever-growing computational power (which is measured in terahash/second) using the one and only SHA-256 protocol. This token is issued on the Ethereum and BINANCE Smart Chain blockchain platforms.
