Business
WRIT Media Group, Inc. Adds Bitcoin and Dash to Pelecoin Mining Basket
WRIT Media Group, Inc. Adds Bitcoin and Dash to Pelecoin Mining Basket.
About this update from Writ Media Group, Inc.
[{"type":"text","content":"\n\n\n\nWRIT Media Group, Inc. Adds Bitcoin and Dash to Pelecoin Mining Basket\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nWRIT Media Group, Inc. Adds Bitcoin and Dash to Pelecoin Mining Basket\nPR Newswire\nLOS ANGELES, Sept. 12, 2017\n\n\n\nLOS ANGELES, Sept. 12, 2017 /PRNewswire/ -- WRIT Media Group, Inc. (OTCQB: WRIT) announced today that it added two additional currencies, Bitcoin and Dash, to its Pelecoin cryptocurrency mining system. During the past two months, WRIT Media's Pelecoin development team has built the core functionality of its digital currency system and has now added new features which enable users to mine six cryptocurrencies simultaneously by utilizing Pelecoin's proprietary mining algorithm software. Over the next two months, the Company plans to add six more cryptocurrencies to the system, for a total of twelve, to spread the volatility risk of mining a single cryptocurrency over a bucket of highly performing digital currencies.\n\nPelecoin now provides an easy-to-use, downloadable software that allows for optimal mining by enabling users to mine Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Zcash (ZEC), Monero (XMR), and Dash (DASH) simultaneously. This fast yet scalable system optimizes mining output and revenue by mining a \"bucket\" of six different cryptocurrencies. By spreading risk over a portfolio of six digital currencies (more coming soon), Pelecoin's proprietary mining algorithm reduces price volatility and optimizes cryptocurrency mining. Additionally users can safely withdraw and send Pelecoin to any external wallet that accepts transfers of BTC, ETH, ETC, DASH, ZEC and XMR, by using the platform's automated withdrawal form.\n\nUsers can look for a series of new features over the next few months that will be integrated into Pelecoin to enable high volume transactions, security, optimized currency mining and trading, and other business tools which will provide a scalable ecosystem that can handle real-world commercial use.\n\n\nMore currencies and hedging. Pelecoin will add cryptocurrencies based upon the price and vo...