Micro-mining for Effortless Daily Profits
welcome to looking at the markets with David Modell I'm going to name this
video micro mining for effortless daily profits because I found this really cool
idea imagine being able to make money on a daily basis profiting every single day
from electrical appliances in your own home such as washing machines
refrigerators air conditioners coffee machines televisions things like that
imagine being a being able to mine to actually do mining with those things you
don't have to watch them all the time you don't have to run a mining farm you
don't have to use up a ton of electricity I know you might be thinking
that this is going to use up a lot of CPU power but you don't have to do it
from your home computer you might think it's going to be massively expensive
with the electricity costs not necessarily there is a way to do this
and I want to tell you all about it today using the Internet of Things and I
found this article it's on black onami dot-com and the web address is right
there I wanted to give credit where credit is due it's a pretty good article
it says IOT WI Co a blockchain and crypto currency for the Internet of
Things and it's also for micro mining and I'll tell you a little bit more
about that first what is the Internet of Things we're gonna start there because
you might not know exactly what that is well the Internet of Things or IOT it's
found everywhere through your physical devices your home appliances even your
vehicles and other electronics that exchange data through sensors and
software that's right you've got the Internet in your appliances you've got
the internet probably in your vehicle not only in your phone or your laptop or
desktop computer although it's there as well
and this applies to bringing Internet connectivity to devices that are not
these standard devices like your phone your computer so anything other than
tablets smartphones and computers can be the Internet of Things it's just
everyday objects with the Internet in it it's amazing to consider that just last
year the amount of IOT devices reached eight point four billion an increase of
31 percent year over a year so this is a huge huge industry all right and you can
use these devices to do micro mining to make profits on a daily basis and you
can do it through IOT w-well what is IOT w what it does is according to this
article takes the plethora of Internet of Things devices and it works to create
a blockchain ecosystem for transactions that will include the full value chain
for electrical appliances that you're using your using your appliances to do
this micro mining the process will begin with the typical household appliances
before expanding to include industrial appliances as well IOT W will include
the full process it'll include obtaining raw materials the sales the post sale
services maintenance repairs so you don't have to do all those things
they'll do it for you the IOT W ecosystem will use the IOT W coin for
mining and transactions and so there's also in IC o---- you've seen me cover a
lot of icos there's an ICO here for the IOT W coin let's go down a little bit
this is a great article and we're not going to get into all the technical
details but first of all who does this benefit small service providers can bid
on projects while small manufacturers can launch innovative products to
compete with bit bigger manufacturers those who have electrical appliances in
their home and I think we all do right can take advantage of mining any
internet of things object can be used for the mining we mentioned washing
machine machines refrigerators air conditioners coffee machines TVs and
instead of the mining rewards going to big mining fun
which you probably don't have the IOT device owner that's you receives the
profits and if you're wondering about these coins the the ICO let's talk about
it because this is part of it the IOT W coins are the method of exchanging value
in the IOT W ecosystem those who own IOT devices and you do in your home will
earn I o TW tokens by micro mining or selling your data don't worry that this
is not the it's not an invasion of your privacy it's not like some other
companies want to sell your data this is not the same thing okay they can you you
can use your coins to buy services and goods in the preliminary stages you can
use these tokens to buy content like music videos games things like that and
initial adopters can also use your IOT W coins to buy overstock goods that
suppliers will provide which allows the suppliers to liquidate their stock
quickly so it benefits everybody now you might have heard of iota well this is
different yes iota is a well-known crypto project
related to the Internet of Things but IOT W has major differences here's why
it's better yes I would have made a decentralized network but it does not
use a blockchain in contrast IOT W uses not only uses a
blockchain but also delivers a greener faster and better product additionally
unlike iota IOT W will have its own marketplace that creates a real
ecosystem so if you're wondering about the token sale the IOT W tokens total
supply 5 billion I like it when they have a hard cap that's important to me
token price 1 ETH equals 5,000 IOT W tokens it's very affordable the hard cap
100000 ETH or 45 million USD whichever it hits first any untold unsold tokens
will be burnt so let's take a look at the website itself if you want to get
involved in this effortless daily products with
mic remaining through objects that you already have in your home
you can go to i/o Twi oh it's right there it's very easy alright and you can
read the white paper you can join the white list you can get involved in micro
mining alright because check this out cryptocurrency mining was traditionally
resource of a resource intensive you used to have some sort of mining farm or
if you tried to do it from your home computer and used up a lot of your data
it used to require significant processing power and energy but now it's
concentrated in the hands of ace yeah did it was concentrated in the hands of
just a few professional players but you don't have to be a professional to do
this now the IOT W blockchain technology is a completely new architecture with an
innovative consensus protocol called proof of assignment this allows IOT
devices no matter how simple they are to easily mine IOT W coins without the need
for any hardware changes the IOT W block chains developed for the common people
you and me around the world how do you do it well first of all you go to i/o
Twi oh and you can connect your device that's a first step the IOT W ecosystem
is developed with an open asdasd k solution any connected devices will be
able to download the software through their firmware upgrades to join the iot
W ecosystem and then already can start mining once the device is turned on and
connected the owners of your IOT devices that's you will enjoy the benefits of
mining with insignificant power consumption it doesn't use up a ton of
data or electricity yes it's going to use some but it's in
significance not a lot then you can redeem your rewards IOT device owners
will be rewarded with IOT w coins which the devices can use to call up services
or spare parts the owners can also use the IOT w coins to buy goods services
and media content in open markets you can buy stuff with this
all right and any IOT device can be used as a mining machine your micro mining
okay it's not huge in terms of resource consumption it's not massive amounts of
data no add-on material cost for IOT devices
to do mining enable existing iOS T devices in your own home right now to
mine through firmware updates they make it so simple it's better that they're
bringing the blockchain to everyone including you the IOT W ecosystems based
on a new consensus protocol for proof of assignment does not does not require
high computational power for mining the proof of work the node mining capability
does not depend on how many tokens the node has and it could be deployed for an
infinite through an infinite number of IOT devices it's very secure instant
transactions you can go on the website you can meet the team and the advisors
as well their IOT W ecosystem directly connects the consumers and manufacturers
through the blockchain allowing each to profit from the efficient and controlled
shared use of data you can read all the documents there in the news and you can
contact them very easily with a contact form at the bottom you want to check out
check them out on Facebook Twitter YouTube telegram LinkedIn and so on and
you can contact them easily the phone number is right there the email address
info at i/o Twi o join the newsletter get the latest just put your email
address and click on subscribe and your personal information it's secure it's
encrypted you want to know about the token details cool it's easy actually
here's how I got there just go there click on this and go to token details
and here's what it looks like the token public sale starts on September 15 2018
doesn't mean you have to wait that long you can get involved right now just by
going to the home page I Oh Twi Oh but that's when the token sale starts
right now making the video and it's thirty nine days away it's coming soon
alright 30 90 two hundred ETH received out of sixty five thousand hard cap
they've got that hard cap there and look at the bonuses for early adopters get in
there quicker if you're going to do this get in there earlier rather than later
to get those bonuses and they're the token details io TW is the name of the
token there's a total supply the hard cap once again how much it costs
starting September 15 ending in six weeks you can join that whitelist they
got the distribution right there the roadmap I love it when they have a road
map that makes me confident they have a vision they know exactly where they're
going and you can keep tabs on where it's available and how you can get it
just go to the website simple what's that website IO twi oh you want to check
that out you can even click on the link in the description below this video and
I recommend checking out I'll put a link to the article as well I want to give
credit the articles from Oliver Dale it was written very recently and it's for
black onami dot-com about the io Twi CEO and you want to educate yourself about
micro mining about how you can use products appliances in your own home the
Internet of Things it's called to do micro mining and
there's not a ton of effort you don't need some fancy computer or resources or
hardware to do this it's very simple so where do you start
io twi oh my name is David Modell I learned a lot about this I think this is
really cool I this is one of the simplest ways I've ever seen to make
consistent daily profits without using up a lot of data or electricity it's
simple its profitable I like it this is looking at the markets I'm David Modell
I'm going to keep on bringing you these opportunities to make money
thanks a lot I appreciate it I'll talk to you again soon