Categories: Business & Finance

Russian miner coin-the bitcoin miner power

The whole world knows that China is an important contributor to Bitcoin miners. At the end of June, a large number of mining machines were flooded in Sichuan due to continuous heavy rain, and the computing power of Bitcoin fell by 30%. Not everyone wants China to play such an important role. RMC is to help Russian miners challenge China in bitcoin mining.

Next, we will explore what is a Russian miner coin.

The target of the Russian Miners Coin (RMC) ICO is $100 million. $10 million will be used to develop processors for cryptocurrency mining, and the rest will be used to produce mining equipment with security chips. This will help establish a joint mining fund to distribute profits.

The ICO is scheduled for August 28, 2017 to September 20, 2017. During the RMC ICO, an RMC token can be used for rates ranging from $4,100 to $4,900.

Purpose of Russian miners coins

The goal of the Russian Miners Coin, as it is spent on its website, is to provide everyone with the opportunity to become the next generation mining technology owner to enter the closed mining club of the Russian mining company.

Related Post

Mining bitcoin is a very expensive process in major countries of the world. Not only is it time consuming, it also consumes a lot of resources. The main resource it consumes is electricity. In addition, miners joined the mining pool due to the large amount of computing power required. In the pool, you can jointly mine bitcoin and share mined bitcoin.

Russia has a lower electricity price than China, with electricity prices as low as 80 cbits or 1.3 cents per kWh. Russia’s surplus power exceeds 15 gigawatts.

RMC price

The highest price of RMC has reached $50,798, which far exceeds the highest price of Bitcoin. This is really amazing price. As of July 7, 2018, the RMC price was $4,875.56.

How&where to Buy Russian Miner Coin (RMC)

Buying a Russian Miner Coin (RMC) from your bank requires two steps. You will purchase some BTC or ETH from an exchange that accepts debit or bank account deposits, and then you will transfer the newly purchased encryption to the sales RMC in exchange for the Bitcoin or Ethereum market. Bittrex and BitFlip exchanges support RMC transactions

  • William Blanchard

    Recent Posts

    Heart Attack Causes and its Solution

    What is the Main Cause of a Heart Attack? What is its Solution? A heart attack is the blockage of… Read More

    7 months ago

    Understanding the Debt Ceiling: Its Impact, Importance, and Implications

    In the vast economic arena, one term that often takes center stage, inciting extensive debates and discussions, is the "debt… Read More

    1 year ago

    De-Dollarization: The New World Order of Currency and Its Global Impact

    De-Dollarization: The Changing Face of Global Finance The financial landscape is in a state of flux, with an intriguing economic… Read More

    1 year ago

    Unstoppable Bayern Munich: The Story Behind Their 11th Consecutive Bundesliga Title

    The curtains closed on a dramatic Bundesliga season with Bayern Munich standing tall once again, clinching their 11th straight title.… Read More

    1 year ago

    Celine Dion Cancels Concert Tour Due to Deteriorating Stiff-Person Syndrome

    The Unfolding Story of Celine Dion's Health In recent news that has left fans across the globe stunned, iconic singer… Read More

    1 year ago

    Navigating the Crossroads: LeBron James, Anthony Davis, and the LA Lakers’ Uncertain Future

    As the echoes of the recent NBA season start to fade, the attention of enthusiasts is firmly glued to one… Read More

    1 year ago