MykosCoin Mining

Hey you, welcome back to the channel. And guys, today we want to talk about mining in MECO's coin. And you know, it's been some controversy coming up about how mining in the cryptocurrency world should be done, the two ideas of proof-of-work versus proof-of-stake. And and what they mean and what it means for the mining world, the cryptocurrency world. So, you know, as we all know, proof of work, you know, or for those of you who don't know, I'll give a quick idea of what the differences are in mining the MECO coin. But proof of work generally involves a great deal of computational power to solve these puzzles, or, you know, at certain hash rates, and you get a reward for them. And it's a pain for some people because of the cost of the equipment to do it, the amount of energy being used, the effect on the environment. So a lot of people are now frowning on, you know, using the mining rigs and various things like that in order to generate rewards and generate the tokens. So the other model that's gaining a lot a favor. It's called proof of stake. And proof of stake, much more simplified, you basically prove that you hold a certain amount of the coins or tokens in that, you know, particular currency, and you lock them up and you do it that way. Now, to me, what makes a lot of sense about that is by the time you buy the mining rigs and the various things, you can just use those funds to purchase the tokens or the cryptocurrency. But anyway, we've decided to kind of use this hybrid system, not a proof-of-work and proof-of-stake, but of proof-of-stake and something else. And that's something else is going to be kind of a mix with advertising and affiliate marketing, and I'll explain why that is. And our vision is We see it necessary for outside monies to get infused into cryptocurrency, inside tokens and various things like that. Now, you know, instead of getting into how Miko's Coin started, where the equity and the value in Miko's Coin lies, at the end of this video it should be a little link pop up and it'll tell you all about Miko's Coin if this is the first time you're watching this video. So I don't want to waste time trying to talk about that and this at the same time. If you watch the other video and you come back and watch this video, but people who've already watched the first video or just already know how the cryptocurrency world works, you can continue to watch this, go back to watch the other one, make it, make it a lot more sense. But basically the model we've come up with, as we've seen it used by some other, you know, people in this industry, and it seems to work quite well, is is proof of stake, but where you can mine on our website by doing things you do all the time— posting comments, uh, completing offers. Could be simple things like, uh, registering, uh, with a site, uh, could be prize sites, could be various things as we'll show you in a second here. But in this model, what's going to be good about it is there's no money required to buy our coin. Buying our coin is just an option, you know. You don't even have to buy the coin. The way our model works, we don't really quite need your— need an investment in the coin except to expand and make the coin better. Now, and any other video should explain that and where our equity came from in Miko's Coin and how we'll pay the miner, pay the mining fees And how by you all participating in the proof-of-stake model that it will create money in order for us to pay mining fees and create value for the coin. But our system is very simple. What we're gonna do is, besides some of the other things I mentioned, is you can mine by simply posting comments on our site. When you post a comment, you can receive up to 5 stars. And what we're doing is as you come in on our site, uh, each star will represent a MECO coin. So if you have, you can get up to 5 MECO coins per post. We don't have a posting limit right now, um, and MECO coins are right now priced at about 1 cent a coin. So that's also kind of attractive. But again, um, you know, MECO coin, the way our system We have a unique system and approach to this, I think unlike any other similar entity out there, in that we're really finding ways in the internet to get value and equity into D'Amico's Coin without requiring direct investment. So what I find will probably happen, more than likely though, is people in MECO's coin, because they're only 1 cent a coin, uh, it might just be simpler or easier for a lot of people just to go and say, okay, I'll just buy some, you know, X amount of MECO's coin. But you don't have to make an investment at all. There are situations we have here that will basically show you how it is we can gain money Also, we have— we're going to be using Google AdSense to our site. We're going to be using a variety of vehicles to bring money into our project here, and in turn, a great portion of those funds go back into purchasing Miko's Coin and making it a stablecoin, a a coin that grows steadily over time and making it attractive to not just people who are initially in the Miko's Coin, as I explained in the other video, but people in the cryptocurrency world that just are looking for a coin that may offer them some, some better situation where to put some of the crypto funds. And I think this is going to answer a lot of questions and problems to that. Also on our frequently asked page, this just, this does go into great detail about how the mining works. But this is just one of the simplest things you can do. You look at some of the affiliate links we're using here. We're using one site called Qme. Now explain quickly just how easy it is for you to gain Mikos Coin and Mikos Coin be of some value. Now Qme, what Qme is, it's a search engine, okay? You can basically use the QMe search engine. It's a quick, easy download to use the QMe search engine. There's no viruses, no crazy stuff like that. They're a great, reputable site. And what happens is every time you guys register with QMe through us, QMe will give us a dollar on your first cashout. And QMe is really cool. It's just a search engine that you use. It works with Google. It works with Yahoo, it works with Bing, it works with Yahoo, it works with eBay. And when you do a search, advertisers— there's a little ad bar on the side and advertisers' information pops up. And if you just click the ads, you can make sometimes up to 20 cents a click. And sometimes you get several ads like that, and that money that you get is payable through PayPal. So not only will you be making money through PayPal, we will also give you 100 MECO coin just for signing up with us. And, you know, as well, Points2Shop. The Points2Shop network does a similar thing where we'll give you 100 coins as well for signing up with Points2Shop, which you don't have to have any money. Again, it's just free offers and various things like that. And when you sign up for these sites, you're going to receive Miko's Coin that you can trade, uh, and liquidate, and as well get some rewards they're offering. So that's our vision, one of our visions on how to get money into, um, uh, the cryptocurrency world, an easy way and a proof-of-stake way. And, uh, don't forget to read the white paper for more details. The video that's going to show at the end of this link is going to describe to you exactly how we mine how you comment, when you're paid, how transfer service works. And so as I said earlier, we're gonna do a series of videos about MECO's coin. I think MECO's coin is a great opportunity for a lot of people right now. MECO's coin is going to be a small coin, but it's gonna offer a lot of great situations for cryptocurrency investors. Only a million— it's only— I'm sorry, it's 100 million MECO's coin, but they're only 1 cent each. So So total valuation of Miko's Coin would equal about $1 million US at this point. But there's a lot of opportunity there for investors coming in who want to do this. Again, you don't even have to put up any money. You don't have to have any money. We're using the Proof blockchain. And as I said, check out our video series. You'll learn a little bit more about Miko's Coin. Guys, if you like content like this, don't forget to like, subscribe, and until next time, take care.