Despite its rapidly growing value the cryptocurrency market is still considered to be in its infancy. Blockchain technologies are being recognised as useful in various spheres, yet their full disruptive/transformative potential has barely begun to be realized. A number of different protocols can be employed to ensure blockchain safety. These include proof-of-work, proof-of-stake, proof-of-activity, proof-of-space, and proof-ofbandwidth, to name just a few. Of these, proof-of-work is currently the most widely used— underpinning such currencies as Bitcoin, Ethereum and Ethereum Classic, or Litecoin— and likely to remain so for the foreseeable future. It is a distributed consensus system dependent on the participation of “miners,” who, through their work (or, more precisely, the work performed by their computers), guarantee the integrity and security of blockchain transactions. Becoming a miner, however, is not an easy process. First, suitable hardware has to be acquired and assembled, individual components carefully selected with an eye towards performance, power consumption, and price. The equipment then needs to be properly configured. This may involve not only determining and applying appropriate settings, but also more radical interventions, such as BIOS flashing.
OPC has been operating in the mining field since 2015, currently the operate 30 mining rigs in Philippines. Their new mines will be a mixture of ASICs and GPUs. OPC is researching and developing algorithms to monitor and decide which cryptocurrency has the best profit to hash rates ratio. The program will then switch the GPUs to mine whichever is most profitable at any given time.
The key mined currency will be Ethereum. OPC will also use its GPUs to mine ZCash, Ubiq, Ethereum Classic, Monero and SiaCoin, while their ASIC miners will be used for Dash and Litecoin.
The Internet connection at each Ophircoin mining centre will be utilizing numerous independent Internet feeds. The mining centers will be equipped with 24/7 video surveillance systems where possible and around-the-clock security. Live video feeds from each facility will be available online.
Oct 2017- Dec 2017
Attention. There is a risk that unverified members are not actually members of the team
$6 500 000
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