Are you looking for a basic Coinspace review on different aspects of the company? Are you looking for someone from Coinspace in Australia? In this Coinspace review I have tried to cover as many different parts of the opportunity as possible.
Coinspace Review: What Is Coinspace?
You’ve probably at least heard of Bitcoin right? Well, Bitcoin is what is known as cryptocurrency. Cryptocurrency or ‘Crypto’ for short is basically the future of money for a few reasons. It’s safer than what we use now (banks and even Paypal are hacked constantly) and we also take power back from the banks and governments for ourselves. There are virtually no fees with cryptocurrency and it can also help very poor countries who don’t have access to banks. Coinspace produces a type of coin called the S-Coin which is certainly not a scam and you can read reasons why coinspace isn’t a scam here. Before we look at what S-Coin is in depth however, let’s look into it’s big brother Bitcoin and what that actually is first. Check out the video below..
Who Invented Cryptocurrency?
In 2008, someone possibly named Satoshi Nakamoto uploaded a whitepaper to a cryptology mailing list that was entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” He outlined the concept of this cryptocurrency, which uses no central bank or authority to allow financial transactions between two anonymous people. Amazingly, no-one knows exactly who he is. After Bitcoin was up-and-running, his communications became very limited, and then he disappeared altogether in mid-2010. Meanwhile, the value of Bitcoins have steadily soared, leading to speculation that, whoever he is, is probably very wealthy. While Bitcoin was something revolutionary, perhaps he never imagined the industry would literally explode. There are now more than 500 different coins, each with it’s own story and it’s own solutions to problems that Bitcoin had.
Coinspace Review: What Is ‘Mining?’
‘Mining’ is basically a computer cracking a cryptocurrency code to produce a coin. That’s how the coins are ‘made’. Bitcoins for example are created each time a user discovers a new block. The rate of block creation is approximately constant over time: around 6 per hour. The number of coins such as Bitcoin generated per block is set to decrease geometrically, with a 50% reduction every four years. The result is that the number of Bitcoins in existence will never exceed 21 million. This decreasing-supply algorithm was chosen for Bitcoin because it approximates the rate at which commodities like gold are mined. Users who use their computers to perform calculations to discover a block are thus called Miners. The below image is an example of a large ‘Mine’. People all over the world are spending millions and setting up huge mining facilities to get Bitcoins for themselves. It’s an absolute revolution.
Coinspace Review: What is the Blockchain?
How Significant is Cryptocurrency?
In my opinion it’s very significant but it’s just such early days. Just like email destroyed mail and ebooks destroyed physical book stores, I strongly believe that cryptocurrencies are the next BIG thing that will make the current banking system that we all know, eventually lose it’s power over the world. We are currently transitioning from super early adopter phase to early adopter phase so the opportunity is right now!
Check out these articles on crypto below:
The Benefits of Cryptocurrency
- A fully decentralized system, where there are no banks controlling our hard earned money. The people take the power back!
- Send funds around the world within minutes with no fees, and no-one who can revert the payment or tell you that you can’t do it.
- Money becomes your business and nobody ever knows how much you have and what you are doing with it. There is no one who can take your hard earned money or track it. Not even authorities like the CIA, FBI or MI6 – they must be in great fear of crypto but there is nothing they can do to stop it!
- It can help poor countries dramatically as only 40% of the world have access to a bank – where as 80% have access to a mobile phone!
- Much more secure than keeping your money in a bank or merchant!
Coinspace Review: What is Coinspace?
Coinspace is a very unique opportunity for those who understand it. It is basically a cloud mining service with centres in Slovenia and Norway. The company is based in Malta. You buy a 12 month lease on a mine which mines coins for you over that lease. When the lease ends, you can renew your lease if you choose. Coinspace allows anyone the opportunity to get started in the cryptocurrency industry by mining S Coins. With a dedicated team promoting the growth and success of S Coin, there is no better time than now to get started as it is creating a new class of cryptocurrency millionaires.
Coinspace Review: What is S-Coin?
S-Coin is a future coin just like Bitcoin which is soon to be released on the open market. S-Coin is pioneering a completely new idea of a deflationary currency, something which has never been possible before in humanity’s history. It’s mission is to build real cryptocurrency value by creating buyer-driven trading volume with an exclusive commerce benefit.
The future S Coin has two key distinctions from all other cryptocurrencies.
- An exclusive commerce benefit for people to buy and use the future S Coin to make purchases.
- A leveraged marketing force to promote the S Coin and establish the commerce network.
Coinspace is a complete ‘turn-key’ solution to capitalize on the incredible income producing opportunity that cryptocurrency provides (you read the story about the guy that bought the apartment right?). It offers completely automated cryptocurrency mining packages so you can get started with no prior experience or technical abilities (created for guys like me).
Coinspace Review: The Mining Packages
You basically buy a mine which gives you up front coins immediately and then mines so many per day. That’s it! If you wish – you can just do that and nothing else. If you want to – you can invite others into the opportunity as an affiliate.
In the long term, S coin’s value will increase at a decreasing rate, but never stop. Note as well, that S coin is decentralized like Bitcoin is.
S-Coin is the coin with the highest value ever and is uniquely strengthened through it’s affiliate network. One of the most important elements in demand is increasing the number of miners and users. The number of miners also affects the mining cost and that is why the growth of S coin is extremely secure with it’s affiliate network.
Please contact me on the contact form if you’d like to work with me in Coinspace. I’m also happy to answer any questions you may have..
If you’d like to get started and work with me in Coinspace immediately please visit: http://workwithluke.coinspace.biz
P.S. Don’t miss this awesome opportunity! Let’s change the world and help solve world hunger. Cryptocurrency IS the future – be in touch, and thanks for reading this Coinspace review!