M2 Pro Miner Health: Decentralizing the Global Data Network (2022)

Miner health is the next step in strengthening our global data network, and this is how blockchain meets real-world applications.

Since its inception, MXC has focused on developing and formulating the next big step in Blockchain 3.0 technology, strengthening our massive global network whilst increasing decentralization and securing a decentralized platform to service the world of data on the MXC network. Furthermore, to extend the longevity of our Mining community, for those who are actively participating in the global expansion of the MXProtocol, MXC has delivered a brand new concept called; Miner Health, an interactive user-focused model, allowing miners, for the very first time, to actively affect their decentralized network participation, as they please, this is new-age mining, decentralized.

What is Miner Health?

  • Miner health is central to the Proof of Participation (POP) mining system, enabling miners to have absolute clarity and oversight of ALL aspects affecting their mining power.
  • Miner health is our way of giving miners freedom and empowering them to continue a high level of participation, a level they choose. We don’t dictate; we liberate — this system is the worlds first decentralized mining system.

What impacts miner health?

  • Miner fuel and uptime are the two significant factors that affect miners’ health.
  • Uptime expresses the reliability of the miner. If a miner is offline for a few days, it is considered unreliable and will be limited for mining at full capacity on the network. This incentivizes miners to optimize their uptime, thus directly contributing to establishing a more reliable network that can serve billions of IoT devices around the world.
  • Miner fuel is the MXC tokens. If you want to move your fuel, you can do that anytime. It’s your MXC, and you are responsible for your fuel and your contribution to the data network! Even if you have moved your tokens, your miner health will only decrease by a manageable percentage (similar to halving), but, at the same time, as you mine continuously, it will start to replenish and boost itself automatically, thus increasing your miner fuel at a steady rate. So as you begin your mining process, as long as you keep mining, the fuel tank keeps filling, regardless of whether you emptied it.
  • Want to speed up your mining power? You can top it up at any time you wish by depositing MXC tokens. But there is zero obligation to do this; your M2 Pro will still mine, we are all about you and contributing to the network. This is all up to you.

Before taking a deep dive into Miner Health, it’s important to point out for new miners; the MXC Foundation has introduced a grace period of 90 days for all new miners. That means, from the day you plug in your Miner, you have 90 days to learn and understand all of the aspects of your miner without having any reduction in your mining. You will notice changes to your health, but these won’t affect mining until after 90 days. So, sure, your Miner will demonstrate a %age reduction during the 90 days. This way you can see which aspects affect your Health the most; however, in the first 90 days, this will not affect your participation in the mining network, as long as your M2 Pro Miner continues to remain plugged in and connected to the MXProtocol.

So, let’s now go into the specifics of Miner Health and highlight the aspects that are important to you and important to the MXC LPWAN global Data Network:

UPTIME

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M2 Pro Miner Health: Decentralizing the Global Data Network (1)

What this element precisely measures is connectivity, so to ensure your M2 Pro gets to 100% Uptime, you’ll want to make sure you have a stable internet connection and power running to your M2 Pro. Now, at times even the best internet and WiFi connections experience rough patches or even complete drop-outs; yes, we’ve all been there! But, don’t worry, your M2 Pro Miner will only experience a downgrade for the moments you are offline. Moreover, the team devised a seven-day rolling average, ensuring that if by chance you have a power outage, or need to disconnect your M2 Pro Miner to move houses or apartments, then your Miner Uptime %age will reset after seven days, taking the 7-day average into account. So, Uptime is really important, and your M2 Pro will send data statistics regularly to ensure it’s online, and, in the odd case it isn’t, your Miner Uptime will continue to build up to 100% within a seven day period.

ALTITUDE + GPS

M2 Pro Miner Health: Decentralizing the Global Data Network (2)

Another factor that can influence Miner’s health is altitude and GPS. What this means is the “height” of your M2 Pro miner from ground level; this is a system that we’ve been working hard on. We devised an algorithm that takes into consideration the base from your M2 Pro Miner to the ground along with GPS and Altitude factors.

M2 Pro Miner Health: Decentralizing the Global Data Network (3)

(Video) I Mined MXC For 6 Months With My M2 Pro Miner And This Is How Much I Made

However, in saying this, we completely understand that whilst some people live in a country such as the Netherlands, a very low lying country, and although they may put their Miner in an extremely elevated position, it would technically never receive a higher altitude %age as someone in the lofty heights of Nepal who keeps their Miner in a basement. As a result, our M2 Pro Miner algorithm takes these aspects into account to ensure people are not penalized based on “where they live” on this planet. All you need to ensure is when altitude is live, you get your miner in a high location, keeping your miner at a peak and your contribution to the network will remain at a peak also.

ORIENTATION

M2 Pro Miner Health: Decentralizing the Global Data Network (4)

Having the miner upside down, thrown in a cupboard or in the basement can distort the efficiency of the miner. The antennas are on the top of your M2 Pro for a reason; therefore it’s essential you place your Miner upright, whether hanging it on a wall or keeping it window-side, orientation is essential to get the maximum result from your M2 Pro. Due to weak GPS and LPWAN signals in areas such as basements or a cupboard, or, alternatively, having your M2 pro placed between two concrete walls will negatively affect your ability to deploy your data network. So, keep your M2 Pro upright, not sideways, and you’ll keep straight on mining!

PROXIMITY

M2 Pro Miner Health: Decentralizing the Global Data Network (5)

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Proximity is another factor that has an impact on the efficiency of a miner, for example having five or more miners in a 50 meter (164 Feet) proximity or closer can cause a small effect on the mining efficiency. Naturally, we want everyone to spread out their miners as much as possible as it is essential to the growth and expansion of the world’s largest LPWAN data network. For example, having 30 miners in one room is not exactly contributing to the growth of the network; and we are working together with miners to build out this global network, so this is a movement that works for both parties. Of course, we understand that not everyone has the ability to spread their Miners even more than 3 meters (9 feet) apart. That’s why the reduction in mining in the area of proximity is very minimal and won’t affect your mining experience too much. In the end, we are here to build the global data network, and we can only do this by working together.

FUEL

M2 Pro Miner Health: Decentralizing the Global Data Network (6)

Fuel has been one of the most contested and confusing elements of all aspects of Miner Health.

Miner Fuel allows miners to withdraw from their fuel tank at any time they wish. It’s your Miner, and all of it belongs to you, 100%; it always has, and always will!

When you reduce your Miner fuel, you will also reduce your contribution to the network. However, and this is the amazing aspect of all of this for new miners, your Miner Fuel will continue to refill, even if you withdraw from it. The fuel tank fills with the mined MXC token you are mining on a daily basis!

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Now, if you would rather not wait for the fuel tank to auto refuel, and you’d rather it fill up immediately, so you can get back to 100% Miner Health Power and contribute more to the network, then you can simply re-add MXC to your fuel tank to top it up, but, as we stated, there’s no pressure to buy any MXC, and this is entirely at your leisure.

This is just yet another advantage to Miner Health, it’s something that’s never been done before, and we believe it’s more Miner friendly than anything else out there. It’s your Miner, and you have the power to choose when your Mining power reduces or increases; this is decentralized Mining, and it’s powering the M2 Pro community!

A question we’ve heard often is, why can’t I also stake my MXC or bind it for DHX whilst remaining at 100% fuel? The reason for this is simple; the M2 Pro requires what we call “liquid token,” and what this means is “easily accessible MXC” to use for the data network. This is essential to ensure our global data network continues to thrive and remain stable in the world’s largest IoT Data Network powered by you and the MXC utility token; this is the utility aspect we are promoting for MXC. If your MXC is locked in staking for 3, 6, 12, or 24 months, it is inaccessible for your miner; therefore that MXC can’t be used for the global data network, which is what we, together with our vibrant mining community, are building.

Now, of course, you can still get involved in DHX if you wish, and get involved in the broader range of activities within the Proof of Participation (POP) mining model. It simply means that with more MXC, you will get to enjoy a stronger network validation, in various ways!

MINER HEALTH

A project such as Miner Health has never been seen within the Blockchain space before. The MXC Foundation wanted to introduce a new model that allowed Miners to continue to remain fully active in this global data network, we are all about data and we are all about decentralization. We understand that there has been a lot of confusion and a lot of misunderstandings about Miner Health. However, we believe this model is the future for M2 Pro Miners, and it’s another way we are giving power back to our Mining community, so you may decide at what level you participate in the network.

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Of course, all models do change over time, ensuring continued relevance and keeping up to date with the current market situation. At the MXC Foundation, we believe the Miner Health model, along with consistent and constant changes to maintain the growth of our global data network, will allow for all to maintain flexibility and achieve a stronger global movement for everyone.

Miner health is the next step in strengthening our global data network, and this is how blockchain meets real-world applications. And. . . we’ve only just begun to engage our Mining community; there’s still so much more to come!

Welcome to the new world of Mining, MXC Crew!

FAQs

How many M2 pro miners can you have? ›

The new regulation, which is expected to be implemented around March of 2022 will no longer punish 2 singular miners in one location. Moving forward, there will be a maximum of ten (10) M2 Pro miners within a 2km (1.25 miles) vicinity without any affect to their proximity mining.

How much does an m2pro miner make? ›

On average the M2 Pro makes around $10 to $12 a day, but it depends on the MXC token price.

How many days is MXC's grace period before getting no penalties? ›

Before taking a deep dive into Miner Health, it's important to point out for new miners; the MXC Foundation has introduced a grace period of 90 days for all new miners.

What is m2pro miner? ›

The M2 Pro is a low-power miner, meaning we have fundamentally changed the way people mine Bitcoin, MXC and DataHighway and other tokens. It's environmentally friendly, low-power and low-cost mining, it's time to switch to the M2 Pro! Learn more about LPWAN.

How do you mine BTC on m2 Pro? ›

M2 Pro Miner - How to mine Bitcoin | #shorts - YouTube

What is MXC mining? ›

MXC is an ERC-20 utility token used for device transactions conducted through the MXProtocol. It allows for IoT tokens and data to be published, sold and traded on an inter-chain NFT marketplace. Read Token Whitepaper. M2 Pro miner.

How long does it take to get M2 pro miner? ›

On average the M2 Pro makes around $10 to $12 a day, but it depends on the MXC token price. My only complain is that it took around 6 weeks to arrive, so you have to be patient for this miner to arrive.

How does Matchx miner work? ›

Mining $12+ a day with the M2 Pro Miner! - YouTube

How do you mine Dhx? ›

DHX Mining Fundamentals - Maximize your DataHighway Profits! - YouTube

What is MXC Crypto? ›

MXC is the ERC-20 utility token of the MXProtocol, a decentralized data network which utilizes low-power wide area network technology.

Will there be a M2 Pro chip? ›

The first report comes from reliable industry analyst Ming-Chi Kuo, who posted several leaks on Twitter yesterday. He said the new 14-inch and 16-inch MacBook Pros with M2 chips will keep their current 5nm processes, with mass production slated for late 2022.

How do I buy MXC? ›

How to buy MXC in 4 easy steps
  1. Compare crypto exchanges. The easiest way to buy MXC is from a cryptocurrency exchange. ...
  2. Create an account. To create an account on an exchange, you will need to verify your email address and identity. ...
  3. Make a deposit. ...
  4. Buy MXC.
22 Aug 2022

How do I sell my MXC coin? ›

To sell your bitcoin, you just need to go to an exchange and click to sell your bitcoin. Then you can choose how much you want to sell and move your cash to a bank. If you want to turn it straight to cash instead, then you should go through a bitcoin ATM.

Can you mine MXC? ›

MatchX and the MXC Foundation, exploiting the patented LoRaWAN technology and its Supernode network on the novel Meta X Protocol, have innovated the mining experience and created a mechanism empowering low-power bitcoin mining with the M2 Pro multi-token miner, allowing everyone to mine $MXC, $DHX, $BTC and many more ...

Is MXC on Crypto com? ›

To check MXC's price live in the fiat currency of your choice, you can use Crypto.com's converter feature in the top-right corner of this page. The MXC price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.

Is MXC on ethereum? ›

Tokenomics data for this coin is currently unavailable.
...
Convert Ether (ETH) to MXC.
ETHMXC
1 ETH22567 MXC
2 ETH45133 MXC
5 ETH112833 MXC
10 ETH225665 MXC
6 more rows

Is MXC exchange available in USA? ›

Can US Citizens Use MXC Exchange? Yes, US citizens can use the services. In other words, US investors can sign up to the MXC Exchange website and make the most of the trade.

How does MXC staking work? ›

You will receive the staking rewards every 30 days after the start of the stake, and you can calculate the rewards you'd get simply clicking on the duration and see the monthly rate. For example, the 24 Month Stake will give you 0.7% of the staked amount per month, for an APY of 8.4%.

How do I set up my m2 Pro? ›

MatchX M2 Pro - Unboxing, Setup & Earnings After 5 Days - YouTube

How do you mine Bitcoin Matchx? ›

MatchX M2 Pro | Bitcoin Mining Requirements - YouTube

How do you mine for Bitcoins? ›

Bitcoin mining is the process by which Bitcoin transactions are validated digitally on the Bitcoin network and added to the blockchain ledger. It is done by solving complex cryptographic hash puzzles to verify blocks of transactions that are updated on the decentralized blockchain ledger.

How do you add a miner in DataDash? ›

Just Plug & Play
  1. Download the DataDash App from either Google play or App Store. You'll need either our M2 Pro Miner or to top up MXC Tokens in order to get the most out of your mining. ...
  2. Top up your wallet with MXC. No miner? ...
  3. Register with a Supernode in the App & Stake your MXC. ...
  4. Start Mining MXC / DHX / BTC.

How do I bond with DHX? ›

Here is a step-by-step guide on how to lock MXC and bond DHX for DHX mining:
  1. In DataDash click on Wallet.
  2. Click DHX.
  3. Click Mine.
  4. Read through (or click Skip).
  5. MXC Locking: a. Select Lock MXC. b. Select period (e.g. 12 Month Lock). c. ...
  6. DHX Bonding: a. Select Bond. b. Enter the Bond Amount (type in or use slider). c.
1 Feb 2022

Will MXC coin go up? ›

Bitcoin Price Prediction for 2025: As High As $100,000

Investors should expect a “pretty sustainable” rise in Bitcoin's long-term value driven by organic market movement, with the $100,000 threshold by 2025, according to Timmer.

Is MEXC Global Safe? ›

MEXC is a safe and legit crypto exchange, and it has been in the market for a few years now. There have also been no breaches or security concerns in the past, making it even safer for their users.

Where can I trade in MXC? ›

How to buy MXC
  • Download Coinbase Wallet. A self-custody wallet like Coinbase Wallet is required to purchase MXC. ...
  • Choose a Coinbase Wallet username. ...
  • Securely store your recovery phrase. ...
  • Understand and plan for Ethereum network fees. ...
  • Buy and transfer ETH to Coinbase Wallet. ...
  • Use your ETH to buy MXC in the trade tab.

Is M2 better than M1 Max? ›

Efficiency cores are similar to the ones available in the base M1 chip. To stand out from the M1, the M2 packs two additional GPU cores, totaling 10. The M1 Pro and M1 Max go a mile further than the M2, including a 10-core CPU and up to 16 and 32 GPU cores, respectively.

Is the M1 Pro better than M2? ›

The M2's GPU is 35 percent faster than that of the M1, according to Apple. But the M1 Pro, with up to 16 GPU cores and way more memory bandwidth, is about twice as fast as the M1. So expect the M1 Pro to still come in around 40 percent faster than the M2.

When M2 Pro release? ›

Apple may release new MacBook Pro laptops powered by the rumored M2 Pro and M2 Max chips in late 2022. This is according to Bloomberg's Mark Gurman, who said the notebooks are "well into development and testing." However, he also says it's possible Apple may delay the launch of these MacBook Pros to 2023.

Is MXC a Binance? ›

MXC Price(MXC) Note: This coin is not listed on Binance for trade and service.

Is MXC an ERC-20? ›

MXC is an ERC-20 utility token used for device transactions conducted through the MXProtocol. It allows for IoT tokens and data to be published, sold, and traded on an inter-chain NFT marketplace.

How do you buy tokens on MEXC? ›

How to Buy MEXC Token (MEXC) Guide
  1. Download a Metamask Wallet. ...
  2. Set up your Metamask. ...
  3. Buy Ethereum as Your Base Currency. ...
  4. Send Ethereum From Binance to Your Crypto Wallet. ...
  5. Choose a Decentralized Exchange (DEX) ...
  6. Connect Your Wallet. ...
  7. Trade Your Ethereum With the Coin You Want to Get.

How much electricity does MXC miner use? ›

Additional information
Weight2 kg
Antenna interface4x SMA connectors, waterproof
Power Supply24V DC passive PoE or USB-C PD rev 2.0 up to 22V
Power Consumption3.5W on average, peak 6W
Operating Temperature-40oC to 85oC
15 more rows

How do you add a miner in DataDash? ›

Just Plug & Play
  1. Download the DataDash App from either Google play or App Store. You'll need either our M2 Pro Miner or to top up MXC Tokens in order to get the most out of your mining. ...
  2. Top up your wallet with MXC. No miner? ...
  3. Register with a Supernode in the App & Stake your MXC. ...
  4. Start Mining MXC / DHX / BTC.

How do you mine for Bitcoins? ›

Bitcoin mining is the process by which Bitcoin transactions are validated digitally on the Bitcoin network and added to the blockchain ledger. It is done by solving complex cryptographic hash puzzles to verify blocks of transactions that are updated on the decentralized blockchain ledger.

Can you mine MXC? ›

MatchX and the MXC Foundation, exploiting the patented LoRaWAN technology and its Supernode network on the novel Meta X Protocol, have innovated the mining experience and created a mechanism empowering low-power bitcoin mining with the M2 Pro multi-token miner, allowing everyone to mine $MXC, $DHX, $BTC and many more ...

What are the best Bitcoin miners? ›

The Best Bitcoin Mining Software for 2022
  • Best Overall: CGMiner.
  • Best for Customization: BFGMiner.
  • Best for Ease of Use: MultiMiner.
  • Best Centralized Management: Awesome Miner.

Can Dash coin be mined? ›

DASH can be efficiently mined with ASIC mining machines. ❌ DASH cannot be efficiently mined with CPU or GPU cards.

How do I sell my MXC coin? ›

To sell your bitcoin, you just need to go to an exchange and click to sell your bitcoin. Then you can choose how much you want to sell and move your cash to a bank. If you want to turn it straight to cash instead, then you should go through a bitcoin ATM.

Does Dash proof work? ›

Dash is based on Bitcoin (CRYPTO:BTC), but it uses a two-tier network structure for improved efficiency. The first tier is a proof-of-work system where mining devices solve complex mathematical problems. When a miner finds the correct solution, they can add a new block of transactions to Dash's blockchain.

Can I earn bitcoin for free? ›

Answer: The best ways to earn free bitcoins include shopping rewards with credit cards, but you can also try airdrops, referral bonuses, playing games, and participating in trading competitions if you are an expert or beginner trader.

Who is owner of BTC? ›

As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin up until December 2010.
...
Satoshi Nakamoto
Born5 April 1975 (claimed) Japan (claimed)
NationalityJapanese (claimed)
Known forInventing bitcoin, implementing the first blockchain
3 more rows

Can I mine bitcoin for free? ›

Regarding all BTC mining websites, StormGain is the most user-friendly and most suited for newcomers. This platform has a one-click mining process that uses no local resources and is free. It is possible to do anything here: buy, sell, trade, and mine! Only Bitcoin can be mined on StormGain servers.

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