IoT mining with uPlexa

IoT coin mining

IoT device mining and global decentralization

Imagine a network of 8.4 billion IoT devices, spread worldwide. Combine this decentralization with the most algorithm: Cryptonight, modified to improve further the IoT mining capabilities of all smart TVs, tablets, smart phones, laptops, computers, smart fridges, smart coffee makers, Android TV boxes and any future device we have not seen yet. All these devices sit idle for hours and we still own them and pay money for the electricity they use. And they.. sit idle. uPlexa will change that by implementing IoT device mining.

How uPlexa's network works

e-Commerce

Now imagine you open your own online shop where customers pay with uPlexa coins for services and goods. Or they can work or mine for UPX coins needed to purchase a certain service.
How about owning an online, decentralized shop? The uPlexa whitepaper has this explained in detail, for those who like the details. As a tip, I will only mention this: Your shop remains free until you start making a real profit out of it. Ever heard of anything like this? On top of that they have developed their own NZCM algorithm for extremely low transaction fees.

Paying for services anonymously

Due to the Cryptonight algorithm's anonymous nature, you can pay for services as web hosting, Internet provider services, e-mail hosting, phone bills, VPN, etc. And yes, all this can be anonymous thanks to uPlexa. This will ensure the companies will not be selling your identity. You will not be charged differently based on what country you live in (so called tourist fee), In case one of your service providers is hacked (as often happens lately) you will not have a reason to worry. All hackers will get is that someone payed something to someone else.

uPlexa team recently went live (a few days ago) and has already filled up their Discord server with a lot of participants. This is their quickest source of information on the project. For uPlexa whitepaper, coin distribution, mining specifics, visit the website.

Also the vlogger IMineBlocks reviewed it in his video, which is a very good sign: