As Bitcoin (BTC) continues to grow in terms of price and market capitalization, more people are getting into acquiring as much Bitcoin (BTC) as possible. As BTC continues to grow in price, more investors are getting attracted to Bitcoin (BTC).
With the passage of time, Bitcoin (BTC) has grown so big that it is no longer a game for small investors or businesses. Over time, mainstream institutions and several industrial giants have started investing big bucks into Bitcoin (BTC).
Just recently, major companies such as Tesla, MicroStrategy, and many more have made investments in Bitcoin (BTC). The investments coming from these companies have gained Bitcoin (BTC) even more recognition among mainstream institutions.
As time goes by, Bitcoin (BTC) continues gaining more exposure in the mainstream industry and is constantly reaching new heights with respect to market capitalization and price.
When Bitcoin (BTC) was first launched back in 2009, there was only one way to acquire the digital asset and that was through mining. As there were no cryptocurrency exchanges at that time, therefore, Bitcoin (BTC) had no market value.
As cryptocurrency exchanges started coming into existence, Bitcoin (BTC) started gaining value and price. Over time, the majority of the people shifted from mining cryptocurrencies to purchasing them directly from cryptocurrency exchanges.
This went on for several years until Bitcoin (BTC) gained mainstream attention in 2020. This is when several companies started mining Bitcoin (BTC) on a large scale.
However, the process of mining Bitcoin (BTC) has become an expensive gig, as one needs to get their hands on high-end hardware used for mining Bitcoin (BTC).
Even running such miners costs a lot of money and then one needs to maintain them on a 24/7 basis. In the process of mining, the miners use high-end hardware that uses the power of GPUs for delivering hash rates. These hash rates are important in order to authenticate transactions in the blockchain.
When miners validate transactions on the BTC blockchain through their mining units, they are rewarded with a BTC. However, not everyone can do this as the process costs an enormous amount of money.
This is where Nhash comes in as a resourceful and reliable mining platform that is based on cloud networking. The platform is known for providing heavy equipment used for mining cryptocurrencies such as Ethereum, Litecoin, Bitcoin, and other major assets.
Through Nhash, the users no longer have to worry about arranging all the equipment for mining. Instead, they invest their money at Nhash and cryptocurrency mining firm does for the users on their behalf through their equipment.
At present, Nhash is offering three plans where the first one starts from investing $70, the second one is for $200, and the last one is for $600.
As the firm has recently launched, it has started a promotion to attract more users on the platform. According to the promotion, any new member will be getting a $30 coupon as they join the platform.