Nexty coins (NTY) are also available for mining just like with Bitcoin and Ethereum cryptocoins. However, not everyone can mine NTYs using the equipment with powerful compute capacity. There is a bunch of specific limitations and requirements that have to be taken into account.

Why do you need mining NTY tokens?

Before I tell how to mine NTYs, let’s take a closer a look at reasons that may cause your interest in mining this relatively new crypto. First and foremost, the Nexty team does everything possible to make NTY’s price as less volatile as possible. Forget about volatile rates of Bitcoin that you watch during a couple of last months. Nexty Coin’s rate is controlled by a special group of financial experts. They manage the coin’s supply and demand to provide the more or less stable price for the coin. All this system is called Price Stabilization System. Thanks to this system, all user have guarantees that NTY token will have non-volatile rates. NTF token supports NTY’s stability as well via the Dual Cryptocurrency Confirmation System and Proof of Foundation protocol. 

What does it all mean for a regular miner like you and me? First and foremost, mining of Nexty coins will give not big but stable and regular passive income, the sum of which depends only on your computing powers. Solo mining NTYs is by no means a lottery or impossible thing to do. 

How can you mine NTY tokens? 

Here is when the catch occurs. As I have already mentioned, there are 2 coins available for Nexty’s investors – NTY and NTF. NTY is a primary crypto of the platform that is applied by all end users. On the other hand, NTF works as an auxiliary coin for confirmation of all transactions happening within this network. 

The catch is that you can have to earn or mine NTFs before getting an access to mining NTYs. NTF coins here serve as a reserve currency for keeping NTYs stable. It is not possible to mine NTY coins without mining or buying NTF tokens first. 

NTYs are reserved in the amount of 10 bln. The moment this reserve is accumulated, the trade in NTF coins will be available. But after this event, only NTF holders will have an ability to mine NTYs. The best thing is that you can purchase NTYs and get NTF as a bonus. But you need to buy at least 10,000 NTYs to get 1 NTF (the so-called pNTYs). Two tokens are connected, NTF coins are invisible present in all transactions with NTYs – basically, they pay commission fees for all your transfers on the platform. 

What to expect at the end of mining?

According to the Nexty’s whitepaper and blog posts, the total volume of NTY tokens (after the finish of mining) will equal 220 bln. The teams struggles to achieve the exchange rate of $1 per 1 NTY in 5 years, thanks to the Price Stabilization system. You may become one of the pioneer miners of NTY tokens before thousands of miners will start mining this coin as well. It makes sense to hurry up, if you are interested in a passive income from NTY mining. 

NEXTY project links

https://nexty.io/ (website)
https://t.me/nexty_io (telegram)
https://twitter.com/nextyio (twitter)
https://facebook.com/nextycoin (facebook)
https://nexty.io/nexty-whitepaper.pdf (whitepaper)
https://bitcointalk.org/index.php?topic=2498919 (ANN thread)

$ $ $ $ $

Username - Micronoid
Profile - https://bitcointalk.org/index.php?action=profile;u=1355858
Nexty wallet - 0x360807aa1c6b9b151faa73fa36755e578bf44179
Ether wallet - 0x5Cad90c82D21a65Fe5ad2A9D472018BA0B7025C3

Thank you for attention!
More reviews on my blog @jlove
Subscribe!