Insightful and intelligent mining
How it works?
Lincoin advanced health monitoring system is capable of monitoring every device thoroughly and generate a detailed report for each of them every 30 secs. Notifications and alerts are sent out to operators in case any defects were detected so it can be fixed and the device is brought back to service at fastest time.
Lincoin diagnostic tool will also try to fix any communication or software issues and it is sucessful 90% of the time.
Harness The Power of Data
Analytical decision making is a key part in every business. Miners should calculate their cost of acquisition per asset to estimate their key financial indicators such as break-even point and profit margin. While this calculations are conventionally done on a monthly/weekly basis Lincoin empowers the mining firms to estimate their financials on-the-fly and make intelligent decisions more often and more accurately.
Mining profitability is highly sensitive to electricity cost, network difficulty and crypto-assets market price.
Implementing a rigorous framework to bring these factors into consideration and manage the associated risks is essential for a sustainable mining operation. Licnoin W2 technology is an AI-enabled toolkit that measures the current network parameters and provides miners with reliable dataset to decide When/Which (W2) coin to mine.
The most common strategy for crypto miners is to convert their mined assets whenever they need to, which could affect their profit margin significantly. Rather than that, Lincoin advanced analytics provides the miners reliable data to decide when to convert their assets to fiat to achieve their desired profit margin and ensure their investment profitability.
Network difficulty is updated every 10 mins for some networks. This means your decisions needs an update every 10 minutes.
The users can distribute their mining power across different blockchains as simple as a click by providing the power percentage they would like to invest in which network. This feature could save miners hours to focus on more important tasks.