Quick entry mining method to NGK computing power mining

NGK.IO
3 min readOct 22, 2020

NGK’s prospects have been unanimously optimistic in the circle. Especially NGK’s computing power mining has won a lot of attention from insiders and outsiders. NGK computing power mining is a fast approach to mining.

NGK computing power mining allows users to use USDN to purchase computing power from block producers. After obtaining computing power, new blocks will be calculated through the block producers, the output blocks will have a certain amount of rewards, and NGK tokens generated by the block are returned to investors as their gain.

NGK computing power mining

The biggest advantage of NGK computing power mining is low threshold and simple operation. Traditional mining machines need to consider a series of intermediate links such as mining machine purchase, shelf operation, maintenance and finding cheap electricity, while NGK computing power mining eliminates these troublesome links. NGK users only need to register an account to exchange USDN with mainstream currencies, and then use USDN to purchase computing power mining services from super nodes to participate in mining.

In addition, NGK computing power mining is also very flexible. By participating in the production of computing power, you can easily get the income of NGK tokens. Users can customize the level and time period of computing power according to their own economic conditions and expectations of the market, without considering the cost of mining machines in traditional mining methods and the payback cycle.

NGK computing power mining

Based on the current block production rate, it will take at least 6 years and 98 days to complete the mining process. When the NGK public chain stops producing coins, it needs to complete the delivery in advance to the market, thereby the market’s computing power will not be able to obtain new NGK, and it will increase by multiples. At the same time, the NGK platform will use the NGK repurchase reserve to complete market delivery. On that occasion, the purpose of NGK building a consensus on the mainstream market has been completed and it can be fully delivered to the global blockchain market.

On the other hand, NGK adopts the DPOSS consensus mechanism, which is different from the POW consensus mechanism of Bitcoin, does not cause waste of resources, and is also different from the DOPS consensus mechanism adopted by most public chains on the market. The DPOSS consensus mechanism used by NGK has been improved on the original DPOS algorithm to provide block producers with more responsibilities and obligations. At the same time, NGK’s DPOSS algorithm decentralizes the power of block producer, allowing more DAPP developers to take on development and governance tasks, which stimulates the enthusiasm of developers, and promotes the ecological development of DAPP.

NGK computing power mining

Finally, from the perspective of value investment in financial behavior, when purchasing NGK computing power, users could purchase different levels of computing power according to their personal income ability, which will definitely allow users to obtain expected wealth appreciation.

--

--