Even though its value is falling sharply, the popularity of crypto assets remains high in various circles, including how to mine them.
In the world of crypto, mining or crypto mining activities, as well as miners or means crypto miners, are two very important elements. Mining itself is the process of creating new coins and also the process of validating crypto transactions.
All Time Mining Director - Christopher Vittorio Simon said, when the transaction process is successful, the owner of the mining tool will get a commission because the tool has been used as a transaction validation tool.
"In blockchain technology, we need a validator to validate transactions. For example, banks act as validators when we send money, and there are transaction fees," said Vitto, in a statement received by us.
The miners, continued Vitto, will work on solving the code (puzzle) to form a block. Later, miners who succeed in forming blocks will be rewarded in the form of coins as transaction fees.
In crypto mining activities, mining tools or mining rigs are also another important factor. Mining rig itself is a set of computers that are arranged to facilitate and improve computer performance when mining cryptocurrencies.
The Chief Technical Officer of All Time Mining Herry Pieter said, there are several things that miners must pay attention to, especially novice crypto miners in choosing a mining rig.
One of them is the specification of the GPU (Graphics Processing Unit) or a computer device that functions to translate the display to the monitor screen.
"This GPU most affects the speed and consumption of watts of electricity. VGA will also greatly affect the break event-point or the balance point of the income and capital spent," said Herry.
Furthermore, Herry said there are other things that crypto miners must pay attention to, for example creating a mining site or mining site with good airflow. This is done because the mining site's room temperature must be maintained for the durability of the machine.
"For the size of the room, it doesn't need to be too big, but more according to how many rigs there are. Humidity is also very influential, so we don't need to use AC," he added.
So, what are the suggestions for miners who are new or have entered the crypto world? Vitto realizes that currently crypto is in a state of extreme fear, especially for the retail market. Not to mention the prices of some crypto coins are dropping.
It's just that he called times like this a very good time for miners. The reason is, even though the profit during a bear market will be smaller than usual, it still has a large potential outcome even more than during a bull market.
He also mentioned that there are things that crypto miners can and should not do at this time. New miners, Vitto said, should always do personal research because every investment has its own risks.
While the thing you should not do is sell the coins you get every month. He advised instead of selling coins every month when prices are low, it is better to hold them and sell them when prices are high.
All Time Mining itself is a forum or community for crypto miners that has existed since the beginning of 2022. Apart from Christopher Vittorio Simon and Herry Pieter, the community is also filled with the names of other experienced miners such as Prathama Nugraha Tjoeng as Commissioner and CMO of All Time Mining. , Keith $LIME.
In the near future, All Time Mining with Tokocrypto will hold an educational seminar for crypto miners, in an event entitled "All Time Mining x Tokocrypto Mining 101 & 102" on Sunday, 19 June 2022 at T-HUB Patal SEnayan by Tokocrypto, South Jakarta. .
"The reason we made this education is because so many Indonesians are starting to become literate about investment. Investment in cryptomining also guarantees the safety of every investor because the results from crypto mining go directly to the owners of their respective mining rigs, it's different from other types of investment," close Vitto.