XRP was created with a purpose in it: it was supposed to be fast, cheap and efficient in terms of transferring value. In contrast to most cryptocurrencies, which are mostly decentralized, or their incentive is mining, XRP is designed to enhance the world by improving cross-border payments by allowing financial institutions to settle in near-instant. Its practical design has seen it become one of the most debated digital assets in the crypto economy.
Nevertheless, XRP is based on a completely different scheme as compared to mineable cryptocurrencies.
Why XRP Cannot Be Mined
XRP has neither Proof-of-Work nor Proof-of-Stake. All XRP tokens were initially issued when it was launched, and transactions are authenticated by a consensus mechanism as opposed to mining. Consequently, XRP is not mined directly and users are not able to mine XRP using conventional/cloud mining as is the case with Bitcoin.
Nonetheless, XRP is potentially useful in the participation of cloud mining via contemporary platforms.
Cloud Mining As an Indirect Mining Participation
Cloud mining systems such as Fleet Mining also enable users to place deposits of supported types of digital assets, such as XRP, which are automatically translated by the system into computational power. This is a mining power used to engage in the mining of Bitcoin and not XRP.
This is an indirect model which allows XRP owners to put their assets to work without selling them off-hand, or controlling mining equipment.
How Fleet Mining Operates
The access to expert mining infrastructure is offered by Fleet Mining via AI-based cloud computing. The platform handles the deployment of hardware, electricity, cooling and optimization of performance in its data centers.
As soon as the users turn on a mining agreement, the system takes care of everything on its own. The daily rewards are created according to the chosen agreement, and the earnings may be followed openly with the help of the user dashboard.
Advantages of Cloud Mining under Fleet mining
There are benefits of using Fleet Mining to users who own XRP:
- No purchase or maintenance of mining machines.
- None to electricity or cooling expenses.
- Artificial intelligence-based distribution of mining energy.
- Automatic daily earnings
- Simple and uncomplicated structure of agreement.
This will reduce technical barriers and make mining accessible to more people.
Rewards, Incentives, and Lucky Egg Feature
Fleet Mining will improve the user experience by providing several reward systems:
- Registration Bonus: The new users are given between $15 and $100 at the time of signing up.
- Daily Login Reward: Customers will receive the following amount in terms of daily check-ins: $0.60/day.
- Daily Check-In Lucky Egg: The users will be able to open a lucky egg every day. There will be cash bonuses, more hash power, and discount vouchers as the reward pool, with the winning amount reaching as much as $1,000,000.
These bonuses supplement mining profits and introduce a factor of interest to the passive gains.
Example Earnings
Some of the example earnings depending on various mining agreements are listed below:
- $15 agreement, 1-day duration → Daily earning $0.6 → You can participate once a day. (Free plan, start at zero cost.)
- $100 agreement, 2-day duration → Daily earning $3 → Total $106
- $1,200 agreement, 10-day duration → Daily earning $16.20 → Total $1,362
- $6,000 agreement, 20-day duration → Daily earning $96 → Total $7,920
- $30,000 agreement, 45-day duration → Daily earning $540 → Total $54,300
How to Get Started
With Fleet Mining, one can begin with:
- Create a register with an email address.
- Asset backed deposits like XRP.
- Choose a cloud mining contract.
- Get automatic daily incentives.
The AI cloud system of the platform controls all technical processes.
Conclusion
Although XRP does not have to be mined, the value and liquidity of the digital currency also enable their holders to engage in cloud mining in an indirect way. Fleet Mining seals this divide by transforming deposited resources into mining power and allowing users to receive a fixed reward without needing any technical know-how. This model, paired with bonus incentives and the daily lucky egg system, will provide an effective and interactive means of XRP holders to test cloud mining opportunities.
Website: https://fleetmining.com/
Email: info@fleetmining.com
