Why let your money sit in a bank where it cannot earn you much money? If you had owned Bitcoin SV in November of 2018, it would have doubled by September of 2021 ! This showcases just how much your money can grow by investing in Bitcoin SV.
Bitcoin needs at least 5,500 kilowatt-hours to mine a single coin, which is about 50% of what an average American household consumes in a year . Bitcoin SV (BSV) consumes less energy to operate than Bitcoin currently does, and will continue to become more efficient as its userbase grows . This means you can invest in BSV without the guilt associated with Bitcoin.
Send Money Faster!
The average time to send Bitcoin is 10 to 20 minutes . This makes sending and receiving money time-consuming and slow. Bitcoin SV is much faster when compared to Bitcoin which allows you to easily purchase goods online with lightning speed. Bitcoin SV can reach speeds of up to 9,000 transactions per second vs. only 7 for Bitcoin .
What is Cryptocurrency?
Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service .
What is Bitcoin?
Bitcoin is a type of cryptocurrency. There is no physical bitcoin, only balances kept on a public ledger that everyone has transparent access to. All bitcoin transactions are verified by a massive amount of computing power. Bitcoin is not issued or backed by any banks or governments, nor is an individual bitcoin valuable as a commodity .
What about Bitcoin SV?
Compared to Bitcoin, the SV variant features much larger block sizes (2,000 mb vs. 1 mb) for faster transaction processing, more energy efficiency, and an increased load capacity.
On November 15, 2018, the Bitcoin Cash blockchain experienced a hard fork, resulting in the creation of a new cryptocurrency named Bitcoin SV (BSV). Bitcoin SV stands for Bitcoin Satoshi Vision. The name of the digital currency is a reference to the differences that led to the Bitcoin Cash camp, further splitting into two .
Why Bitcoin BSV?
Mijem is committed to offering our members the most valuable rewards in return for doing eligible transactions within the Mijem community. As such, we have taken great care to provide the most advanced and beneficial cryptocurrency to our users. Bitcoin SV (BSV) offers the huge growth potential that everyone loves about Bitcoin, while being much faster and more environmentally friendly. BSV is a growing platform with a market cap of over $2,850,000,000 as of September 2021 , making it among the largest cryptocurrencies on the market. They also offer much lower transaction fees when compared to Bitcoin. The average fee per transaction is only $0.00045 vs. the much higher rate of Bitcoin at $0.477 per transaction . This is vital for many use cases including shopping and makes BSV comparable to companies like Visa and MasterCard when making purchases. We are proud to offer this reward to our users and we can only wait to see it grow and develop over the coming years.