People worldwide depend on the Internet to do their everyday activities. Yet, they can’t use their bandwidth to the fullest before it expires. But they still have to pay for it. Their ISPs may also disconnect them from the servers if they have excess bandwidth.
Visit the source below to learn more about the bandwidth:
That’s where PKT comes in. This cryptocurrency uses the Internet to connect to its blockchain network. So you can share your excess bandwidth with other users, and you’ll be paid in coins. That’s how you mine this coin. Although this process sounds complicated, it’s easy to get started and make it a great passive income source.
Reasons to Mine PKT Cash
This crypto is a great way to pay various bills without fees. Whether it is your ISP or other utility, you can use it to pay. You can even use it to pay for streaming services like Netflix and Spotify.
You should start mining PKT Cash as soon as you can. It has a promising future, as it’s Internet-based. And we all know that WWW is of utmost importance for work, shopping, communication, etc. So the need for a stable and fast connection will only rise in the future.
The value of a digital currency depends on the number of investors. So far, they can mine up to six billion PKT Cash coins in reserves. And you can get a portion of that if you spend some time mining them. The best thing about this process is its decentralization and working within a network (pool). So the more you contribute to its quality, the more coins you’ll get.
How to Start
The PKT network has become a great help for people interested in mining this coin. With the power of this network, you can earn a good amount of money by simply sharing excess bandwidth. That doesn’t require high technical skills so that you can start mining as soon as possible.
The mining reward is based on the amount and quality of bandwidth you share. So it will depend on your hardware and bandwidth infrastructure. You’ll need a strong node, i.e., a computer with a solid configuration and much available bandwidth. And if you can afford it, you can invest in a mining device, which simplifies and speeds up this process.
Announcement Mining
Your first step is joining the PKT Cash network through pools. It’s made of computers that support each other. These nodes store unique information and work together to benefit the network.
By , you become an announcement miner. In this step, the network pays to use your resources. The PKT cash cryptocurrency is a proof of work crypto. Your job is to send messages in hashtag forms. So each time you send a message and block miners approve it, you earn coins.
Block Mining
The network is dedicated to maintaining high quality. When you’re mining, you’ll be sending announcements to block miners. They collect and use them to create blocks, which eventually form chains. Not all of these blocks will become part of the chain, though, so they need to choose a high-quality blockchain that rewards all participants.
The block miners collate and validate the messages to ensure they are credible. When the blocks are valid, they are verified and paid with PKT cash. The reward is distributed according to merit, so you must choose a high-quality blockchain.
This process requires upgrading hardware. So if you strive to become a block miner, you’ll need software that requires a high hardware level. Also, you’ll need some knowledge of blockchain technologies. And, of course, you’ll need to be committed to building a quality network.
PKT Wallet
The next step is to create a PKT wallet. It gives you control of your earnings, and it also gives you the ability to receive and send PKT Cash. You can to decide whether it works for you. Next, you’ll need to write down the seed in your wallet, the unique code of your private keys. That’s the key to your wallet.
The PKT network is blooming, so you should invest in it. It allows you to reap the rewards of something you don’t need. And being an early adopter of this technology is an excellent long-term investment due to the bright future of the PKT Cash network.