Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: first_user111 on April 29, 2018, 06:19:08 AM



Title: A Better Form of Mining - Algebraix
Post by: first_user111 on April 29, 2018, 06:19:08 AM
These days, mining cryptocurrencies has gone from just acquiring mining rigs or farms at a huge cost, to earning cryptocurrencies through another form of proof of work. This new way requires the miner to only do some work with the application on his phone or PC.

A good example is Algebraix where you earn free ALX tokens when you watch videos o your favorite contents. Nothing can be more relaxing than this. Prospects that interact with content are instantly rewarded by marketers with ALX Tokens. And contents are continually being refreshed according to the favourite contents of the viewer, because marketers receive anonymized analytics that account for meaningful customer engagements.

With the Algebraix app, viewers gets rewarded when they also share the contents they viewed with friends.

For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790
or their website - https://algebraix.io


Title: Re: A Better Form of Mining - Algebraix
Post by: Mike011 on April 29, 2018, 12:03:17 PM
Yes, nice idea. However, real mining requires you to do NOTHING. Can you watch "your favourite whatever" 24/7 the whole month/year?


Title: Re: A Better Form of Mining - Algebraix
Post by: first_user111 on April 29, 2018, 09:50:26 PM
Yeah, true. With mining, the device does the work without your input, but it sure cost so much to maintain. And yeah, you can watch your favorite content for as long as your strength can carry you. It is just expected that the awesome team backing up this amazing project will continually innovate and deploy better analytical codebase and also physical partnerships to make sure that contents will never be lacking, especially one's favorite contents.

From the look of things, it is very hintful that the team is so capable to make the project a huge success, seeing how responsible and determined they've been to come together and work on it this much.


Title: Re: A Better Form of Mining - Algebraix
Post by: rem26 on April 30, 2018, 03:39:45 AM
What problem or benefit are they really providing?  Looks like a big waste of time.  I'll leave my rigs running and go outside and get away from technology thank you.