With Lifestyle Galaxy there is no cloud mining, only real mining backed by real mining hardware which our members have purchased, co-located in our mining facilities as specified by our mining certificates.
Hundreds of our members from around the world have visited and taken pictures and videos with their own cameras as they were touring the high tech facilities. They personally met with our mining partners, who explained how the facilities were optimised.
The racks filled with equipment were branded with Galaxy Mining stickers which is the physical mining hardware equipment which belongs to its members.
We are also working on storing the proof of mining hardware ownership on the blockchain, which we can achieve due to our members having purchased and owning actual mining hardware, not just cloud mining.
Because we utilise the member-owned real physical mining hardware which they have purchased, the mining operation is the furthest thing from a pyramid scheme due to the results being factual representations of the hardware output.
Of course, there are a few people who aren’t aware that mining results are fundamentally influenced by the global mining network, difficulty levels and numerous other critical factors which we mention further in this document.
We don’t have a big red button that we can press or software that we can manipulate these results as they flow from the physical mining hardware itself to the API to the member’s back office.
If we had a magical red button that we could press to increase results we would be pressing it all day long…
The way that pyramid schemes work is that they fabricate results by “robbing Peter to pay Paul” (taking the money from new members coming in to pay the previous members) so that the mining rewards are artificially increased and better than the rewards that actual hardware miners are able to produce.
This seemingly creates awesome mining rewards, until the scam suddenly disappears from one day to the next.
When there are challenging conditions within the real hardware mining industry, such as a decrease in the value of a cryptocurrency and increases in global network difficulty, scams never seem to be affected and always produce “highly optimal” mining beyond what the actual hardware is capable of producing until the moment that the scam decides to instantly disappear.
One of the easiest ways to identify these types of scams is that they make income claims, guarantee certain results. Of course, scams can’t stand the test of time and as soon they discover that they are starting to lose money, they immediately disappear without any prior warning.
There are certain characteristics that a scam will utilise that are easily identifiable:
* Scam companies make income claims and marketing hype and allow marketers to make whatever claims desired with no restrictions.
* No compliance site.
* No compliance test for representatives.
* No visits by members to real mines with real mining hardware
There are three main external factors which directly influence rewards:
• Difficulty Rate
• Mining Pool/Luck/Efficiency/or Rating
• Market Price Volatility
The above factors are NOT in the control of Lifestyle Galaxy whatsoever!
Real well designed hardware mines are built to stand the test of time, when others don’t.
In particular, Lifestyle Galaxy already has a track record of standing the test of time when others could not. We remember when BTC was in the $350 range and some members never believed that it could reach $1,000 never mind $2,500!
During this time there was considerable concern about July 2016 and many mining operations went out of business during July and August of 2016. Nevertheless, we are still here!
It is mission critical that our members realise that real hardware mines have numerous challenges, such as real mining equipment that has stopped working and requires repairs. So far, Lifestyle Galaxy has shouldered the tremendous burden of all the repairs that it has done on behalf of its members for their real mining hardware.
The great news is that we’re just getting started!
The best is yet to come and it is our pleasure to deliver more value to our members through huge innovations that we are releasing which will rock the industry.