Before we delve into today’s article, I always like to remind the readers of who I am. I’ve been about the crypto scene for years now and like to write about projects that I find either intriguing, or, has potential to make some money … Today’s project I believe ticks both boxes. I also like to advise that I am by no means a financial adviser and any investments you may make upon this article is done so at your own risk.

Let’s take a look at Securix today, who run with the strapline of ‘Simple.Secure.Profitable’ as they state you can ‘Get a passive income from the new generation of crypto mining’.

What is Securix and how does it work?

Securix will be mining based out of the Netherlands which is known as a crypto friendly country and has great infrastructure support. They will be mining whichever is most is most profitable between Bitcoin and Bitcoin Cash.

If you are unaware of what mining is, basically mining verifies the transactions of the cryptocurrency and a fee is charged for its time and efforts.

With the rewards earned from mining, 45% of the gross revenue is shared between all their token holders. This means that once you hold tokens, you will be earning passive income for doing nothing. Just think about that for a second, even when you are sleeping, you are earning! That’s pretty cool and exciting if you ask me.

The benefits of a gross revenue share

When do I receive my payouts for my income if I am a token holder?

First off, it’s important to know how the structure works. As mentioned above the mining’s profits will see 45% gross revenue distributed. Although Securix will be mining either Bitcoin or Bitcoin Cash, the profits will be converted into Ethereum and this will then be distributed out to you via the Smart Contract.

The first payout from Securix will happen 4 months after the crowdsale end which is due to finish on 31st October 2018, which would be roughly the end of February, beginning of March 2019.

After this period the reward payouts will occur monthly, again in the form Ethereum.

Is mining actually profitable?

At the right price, yes. Securix claim to be profitable as long as Bitcoin stays above $4000. This figure it self could increase or decrease based upon the complexity of the actual mining. There are a number of other factors that will play its part but Securix are trying to be as transparent as possible. They claim that if the sale price of Bitcoin becomes below the operational costs they will simply pause all operations, temporarily switching off all machines to save the short-term costings. They are also putting aside 10% Gross revenue to help cover, whilst operating the industry first revenue share, token holders are exempt from entrepreneurial costs as this is handed over to the Securix team.

How can I invest in Securix tokens?

Currently 1 Securix token (SRXIO) equates to $1. The crowdsale begun in August but there is still time to get involved by cisting the below link where you can still obtain a 20% bonus.



https://dashboard.securix.io/

How can I follow Securix and stay up-to-date with the latest news?

Website: https://securix.io

Facebook: https://www.facebook.com/securixmarketing

Twitter: https://twitter.com/securixio

Instagram: https://www.instagram.com/securixio/

LinkedIn: https://www.linkedin.com/company/securix-io/

Medium: https://medium.com/@securixio