What Is SpotterCoin Mining?

We will focus primarily on SpotterCoin (throughout, we'll use "Spottercoin" when referring to the network or the cryptocurrency as a concept, and “Spottercoin" when we're referring to a quantity of individual tokens).

Spottercoin mining is the process by which new Spottercoins are Earned from sales, verifications, Spotted posts or blogs, or a straight purchase and that is entered into circulation. This allows the Spotters “ the miners” to use their coins to trade forex ,Cryptocurrency, or Purchase in items listed in the spotter shop.

Cryptocurrency mining is painstaking, costly, and only sporadically rewarding. Nonetheless, mining has a magnetic appeal for many investors interested in cryptocurrency because of the fact that miners are rewarded for their work with crypto tokens. And if you are technologically inclined, why not do it?

However, before you invest the time and equipment, read this explainer to see whether mining is really for you.

KEY ELEMENTS

By mining, you can earn cryptocurrency without having to put down money for it.
Spotters "miners" receive Spottercoins as a reward for completing their profile, writing relevant blogs, posting images or videos, sharing on other social media platforms, sharing information matching your interests and skills, adding or suggesting interests, skills or profession.
Mining rewards are paid to the miner who discovers a solution to a complex hashing puzzle first, and the probability that a participant will be the one to discover the solution is related to the portion of the total mining power on the network in the easy explanations adding value to the application by suggesting or testing.
You need either a PC Or Laptop with (graphics processing unit) and A Wifi
A New Crypto Rush

The primary draw for many mining is the prospect of being rewarded with Spottercoin. You can also buy cryptocurrencies from any sites and you can trade it on an exchange using another crypto (as an example, using Ethereum or NEO to buy Bitcoin); You can earn it by shopping, publishing blog posts on the Spotter platform, OR set up interest-earning crypto accounts.

interest-earning crypto accounts.The spotter interest earning account is a capital guaranteed account that allows the verified users to rather buy spotter coins rather than mining as some people time is so value and they also don't have the technical and computer talent that allows them to mine for spotter coins or trade.

The spotter interest crypto account gives the verified users the ability to invest safely and with no risk to their capital. This allows you to earn interest monthly and will be able to withdraw your dividend after your 3 month verification or the full investment of capital.
Interest can be from 5% to 15% every quarter.

The Spottercoin reward that miners receive is an Encouragement that motivates people to assist in the primary purpose of mining: to legitimize and monitor Spottercoin Action, ensuring their Actuality.
Because these responsibilities are spread among many users all over the world, Spottercoin is a "decentralized" cryptocurrency, or one that does not rely on any central authority like a central bank or government to oversee its regulation.


How to Mine Spottercoin

The Spotters “Miners" are getting paid for their work as auditors/Admins. They are doing the work of verifying the legitimacy of The spotter Users Actions or transactions. This convention is meant to keep The Spotter Application users honest and was conceived by The Spotter founder, David Manal By verifying Actions & transactions, The Spotters “miners" are helping to prevent the " fraud and scam problem."

Once miners have verified those miners are eligible to be rewarded with a quantity of Spottercoin (more about the spottercoin reward below as well). The 1 verified user limit was set by the founder David Manal, and is a matter of controversy, which would effectively mean that the The spotter network could process and verify users actions and transactions more quickly.

Note that verifying 1 user worth of transactions makes a crypto-coin miner eligible to earn Spottercoin—not everyone who gets verified and post action or transactions will get paid out.

"So after all that work of actions, verifying a user or transactions, I might still not get any Spottercoin for it?"

That is not correct. To earn Spottercoins, you need to meet a few conditions. One is a matter of effort; it's not a matter of luck like any other crypto mining. Put effort into your platform to get the best outcome and be rewarded therefore.

You have to verify yourself as a user action. This is the easy part. just post your Your affiliate link is: from my spotter in your settings on all of your social media profiles and send invites via email from the spotter using SPOT & EARN.

You have to be a Spotter first to be able to invite the users
You have to post and share your articles from the Spotter to your other social media platforms.
You have to teach or explain how the mining works by posting blogs and sharing blogs about mining for other users to read, like and follow so you can share, Earning big mining rewards - This process is also known as proof of work.
You have to post blogs about the same interest, skill and profession that you have listed in your Spotification in your settings.


How to verify users or businesses
Verifying users does not mean that all verified users or businesses are miners, users or businesses can get verified for different reasons :

Users verification
-Users can get verified so they can link to the correct job applications or link with other verified users to exchange business deals or ideas safely and trusted.

-Also to be able to link with other verified users with the same interest, skill or profession in their area or global which is set in their geolocation. When a verified user makes any action or even gets a job on the spotter you will get rewarded for that too.

Business verification
-Businesses get verified to be able to increase the SEO of their business and able to target their market according to their 'spotification' & 'geolocation' settings.

-A verified businesses can post products, jobs, buy or sell and make a transaction by using their spottercoins or other methods on the spotter which you get rewarded for too.

The Spotter Data Miner, an extension to the desktop application The Spotter SQL Developer, is designed for data scientists and citizen data scientists who may prefer a drag-and-drop user interface to work directly with data inside the database using a workflow paradigm. The Spotter Data Miner workflows capture and document the user's machine learning methodology. Users can save and share their workflows with others to automate and publish their machine learning methodologies. The Spotter Data Miner supports a select set of in-database machine learning algorithms.

Users quickly learn The Spotter Data Miner to visualize, explore, prepare, and transform data, build and evaluate machine learning models, and use model details and model evaluation viewers. Then, they can apply TSML in-database models to new data or generate SQL and PL/SQL scripts to deploy analytical workflow.

These scripts can be passed to database developers for deployment within the same or a different the spotter Database. Application developers can programmatically run workflows using the The Spotter Data Miner PL/SQL workflow API or just run the appropriate SQL and PL/SQL scripts. This enables an easy integration of predictive methodologies into applications for wider use throughout the enterprise