Dear Steemit Friends:

Good afternoon to everyone! Let me talk about one of the most interesting parts of the whole cryptocurrency process which is the mining industry of cryptocurrencies.

Most of us newbies, as well as investors, are either buying the crypto coins and holding it for years or we can trade it such as buying low and selling it at a high price. But let us always remember the fundamentals of these cryptocurrencies. We will at first trade our fiat money to bitcoin through exchanges or even centralized services such as coinbase and in the Philippines, it is coins.ph Then with that moment, miners are on the run.

What are miners? They are the one maintaining the network. Whether it be any coin that you see, it is them who are confirming the transactions. In return, they get a portion of the fee for the whole transaction.

It is rampant nowadays that the GPU is used to mine are now getting overpriced around the world and always out of stock. But did you know, there are coming dedicated mining video cards by Nvidia and AMD these coming months. So if you are willing and wants to mine, this is the perfect opportunity. Maybe you ask me if it is still profitable, I assure you with a capital YES! Why? because the hashing power of all people is still small. We are still in the infancy stage of booming cryptocurrency economy.

I have a partner supplier and I am just waiting for the supplies. Let us hope for the best! More money for us!