Miners are the people who mine (this is also the name of those computers). By becoming a miner, you receive a fee for each verified transaction. Just like when your bank charges you when you send money or when you pay with your card.
What is Crypto Mining?
Most people think of crypto mining simply as a way of creating new coins. Crypto mining, however, also involves validating cryptocurrency transactions on a blockchain network and adding them to a distributed ledger. Most importantly, crypto mining prevents the double-spending of digital currency on a distributed network.
Cryptocurrency mining is very easy to understand. This consists of verifying the transactions made between people who exchange cryptocurrencies, including the most famous which is Bitcoin, using very powerful computers. Indeed, by nature, there is no bank in the cryptocurrency universe to perform this kind of verification. So miners are needed.
The interesting thing is that anyone can become a miner. You “just” have to buy the right computers to verify transactions. So anyone can receive money through the validation of thousands of cryptocurrency transactions made every day. Even you.
The Result:
Cryptocurrency mining produced increasing revenue over the years, leading to 63 million U.S. dollars on a single day in 2021. Digital-GrowthInvestment also participated in achieving goals that lead to over $100 million in 5years.
Cryptocurrency ETF
Digital-GrowthInvestment Multi-Crypto ETF (the “ETF”) is an exchange traded fund that invests in digital assets, including but not limited to bitcoin and Ether. Given the speculative nature of digital assets and the volatility of digital asset markets, there is an assurance that the ETF will be able to meet its investment objective.
Digital-GrowthInvestment Crypto Strategy ETF (SCS) is an actively-managed fund that seeks to capture the long-term growth potential of the blockchain and digital assets theme. The Fund takes long positions in U.S. listed bitcoin futures contracts and other top crypto currencies and invests, directly and/or indirectly, in companies positioned to benefit from the increased adoption of blockchain technology. SCS will not invest directly in bitcoin, and it currently delivers exposure to blockchain companies through other ETFs, including the affiliated Digital-GrowthInvestment X Blockchain ETF.
Investors Suitability
FOR THOSE WHO
- Want exposure to digital assets, including but not limited to bitcoin and / Ether
- Want capital growth over the long term
Fund Overview
The ETF's investment objective is to provide holders of units with managed exposure to certain digital assets as selected by the Manager, using a rules-based, momentum signaling strategy.
