Blockchain Tycoon Educates the Masses on how Bitcoin Mining Works

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Blockchain Tycoon Educates the Masses on how Bitcoin Mining Works


Cryptocurrency and blockchain-oriented games are making their way to Steam. Blockchain Tycoon is a new offering which lets anyone start their own blockchain business. It also shows how difficult setting up a mining operation can be. There is a lot more to such a business model than meets the eye.


Blockchain Tycoon Has Potential

Over the years, the gaming industry has noted a peculiar trend. Simulation games are finding their niche markets with relative ease. Ranging from Goat Simulator to Farming Simulator 2018, these offerings strike a chord with their player base. Wamill Software feels now is a good time to launch Blockchain Tycoon. It is a brand new game which focuses on letting players set up their own cryptocurrency firm.

Managing a warehouse filled with cryptocurrency mining equipment sounds straightforward. In reality, it is very different from what most novice enthusiasts may expect. Different factors need to be taken into account at all times. This includes hash rate fluctuations, failing hardware, electricity costs, cooling, and so forth. Players will also need to hire experts to help them run the day-to-day operations of this mining venture.

Competition will emerge within the game fairly quickly. In the real world, mining cryptocurrency is a very competitive business. Blockchain Tycoon mimics this situation in a fairly realistic manner. More competition results in a higher mining difficulty. As a mining firm operator, players will need to deal with these challenges as time progresses. A game like this would not be complete without fluctuating cryptocurrency prices. It is another “risk factor” players need to be aware of at all times.

A Positive Spin on Bitcoin Mining

The launch of Blockchain Tycoon comes at a crucial time for the cryptocurrency mining industry. Various reports have been published alleging the dangers posed by Bitcoin mining. Its steep electricity use and “waste of energy” are two big factors utility regulators are concerned about.

This new Steam game teaches people how cryptocurrency mining works and what it entails. It is an educative game, in this regard. During the Early Access stage, Blockchain Tycoon will offer limited features and functionality. Based on user feedback, things will improve gradually prior to fully launching the game. Considering how the Early Access price is just $9.99, it may be a game well worth checking out.

Anyone who is interested in Bitcoin or the mining aspect can learn something from this offering. It is another sign of how cryptocurrency continues to mature as an industry. There is still plenty of work to be done prior to achieving mainstream adoption. Games like these pave the way for bigger and better things in the future. It’s just too bad that Steam is no longer accepting Bitcoin as a payment option.

Will you be playing Blockchain Tycoon? Let us know in the comments below.


Images courtesy of Shutterstock and YouTube/@Wamill Software.

Tags: Bitcoin Mining, Blockchain Tycoon, game, steam


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