RATE Group | Coinmine device introduces novices to cryptocurrency
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Coinmine device introduces novices to cryptocurrency

20 Nov Coinmine device introduces novices to cryptocurrency

Posted at 20:58h in Cryptocurrency News by

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Tech company Coinmine has released its first product designed to allow anyone to mine and manage cryptocurrency.


The Los Angeles-based startup – backed by several venture capital investors – launched this month with its Coinmine One device.

The specialised hardware product and accompanying mobile app are intended as an easy introduction to the growing yet complex technology.

Coinmine One organises cryptocurrency wallets

The product simplifies and automates the creation of various cryptocurrency wallets in one place, allowing everyone from novices to experts to power the tech.

“Many people want to be a part of the crypto revolution, but crypto hardware, software and wallets are too hard and time consuming to set up, and more importantly, to update,” said a statement from Coinmine.

“So most people will miss out on powering new up and coming cryptos like they missed out on powering Bitcoin in the early days.”

Coinmine cryptocurrency mining device

Cryptocurrencies, such as Bitcoin, are based on blockchain…

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