Why use VPN to mine cryptocurrencies
In Italy, but actually often also abroad, people go mining using VPN networks. Why, however, is this so important? There are several reasons: let us explore them together.
In Italy, but actually often also abroad, people go mining using VPN networks. Why, however, is this so important? There are several reasons: let us explore them together.
Get the latest news, learn from experts, discover new tools, and find inspiration right in your inbox.
No spam. Unsubscribe anytime.
Although the cryptocurrency market is still fluctuating, especially in Italy, the crypto world in general is gaining momentum, tickling the interest of companies and enterprises of all kinds, from start-ups to multinationals.
The importance of VPN networks for the crypto world
In Italy, but actually often abroad as well, people do mining using VPN networks. Why, however, is this so important? There are several reasons: let's explore them together.
Privacy, anonymity and cryptocurrencies
A key point here concerns the concept of privacy related to cryptocurrencies, which are not structurally anonymous, but can only guarantee a certain level of privacy - with the understanding that the only real privacy is in cash currencies, and no digital currency will ever be able to match it.
Compromising the anonymity of any digital operation, including the mining of crypto coins, are for instance the cookies or web trackers. And even if it is not easy to trace back to an actual original transaction, one can still try to identify which parties are involved in the transactions.
Of course, Not even VPNs can provide complete anonymity (privacy laws are always very strict in this regard), but they can certainly protect users more, providing them with greater support and the security of being able to operate without too much stress.
What is a VPN network?
Let's start with the basics: what is a VPN network? A virtual private network (from Virtual Private Network) that creates a network connection between various online devices. VPNs are used to transmit data over public networks without any particular risk, but maintaining a rather high level of privacy. How? By hiding IP addresses and making the most sensitive data encrypted, so that it cannot be read by the recipient.
The threat of hackers
What is, however, concretely the risk for a person mining online? Banally a hacker attack: yes, because hackers could in this way create fake networks to emulate real ones, so as to penetrate users' operations, stealing their wallet keys or even the login credentials of a trading platform.
VPNs, in this case,make attacks virtually impossible because they would reinforce existing networks with a system that prevents any kind of external penetration.
Doing Mining in Italy Thanks to the VPN Networks
Not only that: Thanks to VPNs, it is also possible to hook up to foreign networks that allow crypto operations. As we have already discussed, in Italy it is not possible to mine 'internally', mainly for reasons of excessive energy expenditure. Consequently, we use TOKEN combined with VPNs to be able to connect to foreign servers and thus be able to mine crypto coins without physically moving from the living room.
Which VPNs to download?
There are several VPNs to download or to buy: what one has to be careful of is that the VPN network one chooses never keeps usage logs, which could compromise our privacy considerably. Another important element to evaluate is a VPN that allows so-called Split Tunneling, so that all superfluous traffic is left out of the VPN traffic, thus significantly speeding up the line itself. A useful way could be, in this case, to set a filter that only allows traffic to crypto sites - thus excluding all others.
Keep up to date on the crypto world with us: Add Spaziocrypto to your favourites and check out our guide on cryptocurrencies.
Read Next
How to Analyse and Identify the Potential of a Token
In this guide, we will look in detail at the main criteria for analysing a cryptocurrency and learn how to identify a potential crypto token.
Building Automated Trading Algorithms on Blockchain
Cryptocurrency trading consists of buying and selling BTC, altcoin, stablecoin and other crypto assets on the market to make a profit.
Decentralised Social Media
Decentralised social networks have a special feature: they can coexist with several decentralised networks.
Marketing in the Times of Web3
Airdrop is a token distribution technique, but in a broader marketing sense, dating back to 2014, but widely used as of 2018.