Crypto Mining Facility

115 Mining Rigs
2.5 Eth Running 24/7
Blockchain Technology
Ucrypto Mining pool
Purpose-Built Mining Facility
Optimized Electricy Consumption

Watch the purpose-built crypto mining facility in action:

Our Ethereum Crypto Wallet

Bitcoin Explained

Bitcoin is a digital currency (also called cryptocurrency) that is not backed by any country’s central bank or government. Bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.

What is mining?

Bitcoin mining is the processing of transactions in the digital currency system, in which the records of current Bitcoin transactions, known as a blocks, are added to the record of past transactions, known as the block chain.

A Bitcoin is defined by the digitally-signed record of its transactions, starting with its creation. The block is an encrypted hash proof of work, created in a compute-intensive process. Miners use software that accesses their processing capacity to solve transaction-related algorithms . In return, they are awarded a certain number of Bitcoins per block. The block chain prevents attempts to spend a Bitcoin more than once -- otherwise the digital currency could be counterfeited by copy and paste.

Originally, Bitcoin mining was conducted on the CPUs of individual computers, with more cores and greater speed resulting in more profitability. After that, the system became dominated by multi-graphics card systems, then field-programmable gate arrays (FPGAs) and finally application-specific integrated circuits (ASICs), in the attempt to find more hashes with less electrical power usage.

Bitcoin generally started with individuals and small organizations mining. At that time, start-up could be enabled by a single high-end gaming system. Now, however, larger mining organizations might spend tens of thousands on one high-performance, specialized computer.

How do you profit from mining?

We currently have 10 GHZ in mining capacity, giving us a total value of roughly $3000 a day.

Bitcoin

  • Current price: 1 BTC equal US$ 14,087.90
  • Invested January 2017: US$ 3000.00
  • Price was bought January 12, 2017: 1 BTC equal US$762.00
  • Quantity bought of Bitcoin: 3.93 BTC
  • Current Profit: US$ 55,365.44

ETHEREUM

  • Current price: 1 ETH equal US$ 1305.95
  • Invested January 2017: US$ 3000.00
  • Price was bought January 14, 2017: 1 BTC equal US$7.92
  • Quantity bought for Ethereum: 379
  • Current Profit: US$ 494,955.05

LITECOIN

  • Current price: 1 LTC equal US$ 238.88
  • Invested January 2017: US$ 3000
  • Price was bought January 30, 2017: 1 LTC equal US$3.87
  • Quantity bought for LITECOIN: 775
  • Current Profit: US$ 184,450.00

ZCASH

  • Current price: 1 ZEC equal US$ 655.11
  • Invested January 2017: US$ 3000.00
  • Price was bought January 11, 2017: 1 ZEC equal US$44.32
  • Quantity bought for ZCASH: 67.68
  • Current Profit: US$ 44,337

What is an Altcoin?

Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin. Generally, they project themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer paved the way for many to follow.

Bitcoin predictions?

Seven of the world’s top experts in Bitcoin, called “pro-Bitcoiners” or “Bitcoin evangelists”, have given their forecasts on where they believe Bitcoin prices are headed:

Wences Casares – $1,000,000 (by 2027)

Chamath Palihapitiya – $1,000,000 (by 2037)

John McAfee – $500,000 (by 2020)

Jeremy Liew – $500,000 (by 2030)

Roger Ver – $250,000 (no date)

Kay Van-Petersen – $100,000 (by 2027)

Tim Draper – $10,000 (by 2018)

Tom Lee – $25,000 (by 2022)

Blockchain Smart Contracts

What is blockchain

“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” Don & Alex Tapscott, authors of Blockchain Revolution (2016)

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Blockchain in detail

How does it work?

Picture a spreadsheet that is duplicated thousands of times across a network of computers. Then imagine that this network is designed to regularly update this spreadsheet, and you have a basic understanding of the blockchain.

Information held on a blockchain exists as a shared — and continually reconciled — database. This is a way of using the network that has obvious benefits. The blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet

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Vision

Turn CBD (CBM) Coin Into Dollars and Spend Anywhere! Millions of people have made a fortune with Cryptocoins! CBD Coin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

1 Mining Facility

PotNetwork Holding has purchased a leading mining facility in order to be able to handle all the transactions for the future CBD coin.

Next step

2 Blockchain

PotNetwork Holding has experienced Blockchain programmers who are developing a blockchain that will hold the coin.

Next step

3 Transactions

The coin will work on the Bitcoin open source code platform using the lightning technology (made to make transactions faster).

4 Exchanges

This experienced team will add the CBD coin to Crypto Exchanges, Binance, Coinbase etc.

Next step

5 Additional Mining

Once the coin is launched, more miners will be added in accordance with the number of transactions.

Next step

6 Fiat purchase

Agreements with financial institutions will be put in place to allow end users to buy the coin using bank wires in the USA, SEPA in Europe, China Union pay in China and even via Visa Mastercard.

7 E-Wallet

An application for an E Money license client will be launched, will will load funds into the e-money wallet in order to complete CBD coin purchases.

Next step

8 Current Challenge

Merchants who sell CBD and Cannabis face legal challenges for getting paid and having secure payment systems.

Next step

9 Final Goal

The CBD Coins will allow merchants now to get paid easier and withdraw funds into USD or Euro and receive these funds in a wire.

Cryptocoin

Current value of altcoins

Millions of people have made a fortune with Cryptocoins! Cryptocoins are a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

(POTN)

About Us

Overall, the PotNetworking Holding (POTN) is diversifying in 2018 by creating this new subsidiary: The Blockchain Crypto Technology Corporation.

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