Bitcoin (abbreviated as BTC) is an electronic payment system in which virtual "money" (bitcoins) circulates. Do you have VISA or Mastercard plastic cards? Both Visa and Mastercard are also electronic payment systems. However, they use the currency we are accustomed to such as dollars and euros, and all transactions are processed by banks. These currencies are called fiat currencies. The Bitcoin system uses cryptocurrency, a purely digital currency that is not tied to any global bank or economy of any country. It has its own value (rate), which is determined by demand.

Mining contributes to the existence of blockchains and cryptocurrencies. Powerful computers perform the calculation and create new blockchain blocks, from which miners get a reward in bitcoins / cryptocurrency form. It is rather expensive to create one's own farm of special computers, which requires multiple technical knowledge. The NAME project performs this function by itself. We provide convenient services, transparent tariff rates, and high miner quality.

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