5 reasons why you should consider Nitro Digital Mining

Nitro.Network
4 min readMar 7, 2022

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Non-fungible miners (NFMs) are making a revolutionary disruption in the DeFi space. Mining has always been seen as a time-consuming and expensive way to make money, but NFMs are here to change that for miners.

Non-Fungible Miners are set to make waves in the Web3 and crypto space. As people have adopted the ideology of NFTs and crypto, NFMs will be embraced by mining aficionados for its groundbreaking technology. NFMs will enable miners to mine NCash, Nitro Network’s native token, without any mining hardware. It’s as simple as that, your NFM doubles as your digital miner and allows you to earn rewards instantly! Thanks to Nitro’s preventive measures, NFMs will cancel out the typical issues that traditional miners bring such as; hardware shortage, delayed shipping times, expensive entry fees and complicated setup.

Why should you invest in a Non Fungible Miner?

Ease of Entry: NFMs are easier to access and utilize compared to traditional mining machines. The reason for this is because Nitro’s NFMs are fully digital, which means there is no complicated hardware installation required nor costly electricity bills. Not to mention, the price point of a Nitro Bot NFM is very much below the base cost of a traditional mining machine. All one has to do is buy the Nitro Bot NFM from the Nitro Network website and verify it on the network.

Seamless Mining With Nitro NFMs: Essentially, mining requires extensive technical knowledge in order to successfully set up. However, with NFMs you can bid adieu to this headache. Upon your purchase of a Nitro Bot NFM, all you must do is register the NFM on the Nitro Network — That’s it, no further steps are required! This is an initiative that Nitro is taking to set the standard for the future of DeFi.

Rewards For All: Everyone loves to get rewarded for their loyalty and work. Nitro Network is channeling an incentive model that offers generous rewards to ALL of the users. Building a fair and loyal community on blockchain networks is pivotal, and this is exactly what Nitro network’s rewards model is committed to achieving.

On the network, NFMs can mine NCash in every EPOCH — Nitro’s EPOCH is timed every thirty minutes. There are three rewards tiers

  1. Tier 1 — ICONIC NFT
  2. Tier 2 — PREMIUM NFT
  3. Tier 3 — TOP NFT

On the ICONIC tier, you earn 95.69* NCash, on the PREMIUM tier, you earn 52.05* NCash and on the TOP tier, you earn 24.18* NCash per EPOCH. It is important to remember that you need to be signed in to receive these rewards.

Environmental Awareness: Nitro Network has brought in a paradigm shift in the sphere of mining by innovating a digital process of mining that requires minimal computational power and no complex physical machine. With an NFM, crypto miners can easily mine NCash without being dependent on electricity or scarce hardware supply. This means negligible carbon emissions that keeps the health of our environment in a positive position!

Just The Start: While NFMs and Nesting offer users opportunities to earn rewards quickly, let’s think about the bigger picture — This is just the beginning of what is to come for Nitro Network! You (the user) will be the one to build and contribute to a private network which you can utilize. Smart cities, Industry 4.0 and fully interconnected commerce will be at your fingertips.

Bottomline

Nitro Network is set to truly revolutionize the near future with the launch of Nitro Bot NFMs. We have articulately struck a balance between fulfilling the need of the mining market as well as doing all that is possible to protect the environment by rapidly bringing fresh and innovative items to the table. Moreover, Nitro Network has made crypto mining an effortless task and leveled up the NFT game via Nitro Bot NFMs. Pre order your Nitro Bot NFM today!

*Reward per EPOCH is subject to change as Nitro cannot guarantee a specific number of earnings. These numbers are an average that is reflected on our Tier system with a network size of 20K miners.

About Nitro Network

Nitro Network is building a world of private communication networks powered by IoT together with LoRaWAN/3G/4G and 5G. This hyperconnected world is the IoT alternative to cellular networks unlocking a $3 trillion market opportunity. We believe our decentralized private telecom networks is a gamechanger built on a blockchain with our proprietary token NCash at the core that drives utility and value from unlimited use cases. We are creating an inclusive ecosystem incentivizing users to own, operate and earn from the private networks of the future.

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Disclaimer: This is not investment advice. Please do your own research before investing in any avenue. The information contained in this post is for informational purposes only. You should take independent advice from a professional or independently research and verify any information that you find in this post and wish to rely on, for the purpose of making any decision. Through this post, you may be able to link to other websites which are not under the control of Nitro Network. We have no control over the nature, content, and activity on those sites. The inclusion of any links does not imply a recommendation or endorsement of the other website, its products, or views.

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