MINE Network
FIRST MULTI-CHAIN STANDARD HASH RATE TOKEN PROTOCOL
Last updated
FIRST MULTI-CHAIN STANDARD HASH RATE TOKEN PROTOCOL
Last updated
MINE Network is the first decentralized standard hashrate token protocol that solves the liquidity problem of miners on multi-chains, including but not limited to: Bitcoin, Litecoin, and Ethereum. MINE Network will standardize the mining power from different mining pools for different mining projects and then issue pTokens (different standard hashrate tokens) like:
pBTCM for the Bitcoin standard hashrate token
pETHM for the Ethereum standard hashrate token
pFILM for the Filecoin standard hashrate token
pLTCM for the Litecoin standard hashrate token.
Every standardized pToken (hashrate token) is a synthetic token reflecting a part of the mining power from a specific mining blockchain backed by its standardized mining power.
The hashrate tokens liquidity gets an extra boost due to their ability to be integrated with cross-chain DeFi protocols such as:
DEX's
Polkadot Loan Protocols
Ethereum Chain
Huobi ECO Chain
Binance Smart Chain
and many more
MINE Network will also leverage Substrate's OCW off-chain oracle workers to track on-chain revenue data from various mining projects in real-time and upload revenue information to ensure that all data is open and transparent for miners.
Driven by a relentless desire for constant progress and a passion for revolutionizing the mining industry, we set out to solve the unsolvable. We believe that a decentralized world that encourages eco-conscientious protocols is not only possible but inevitable. With our superior technology and innovative open source systems, we strive to bring forth the next frontier of machine-less mining to the forefront of the cryptocurrency world.
We are innovators on a mission to transform the mining sector by establishing MINE Network as the premier multi-chain standard hashrate token protocol. We implement a more cost-efficient mining model and strive to improve the carbon footprint by incentivizing miners to employ greener practices. All while lowering the learning curve and start-up cost for aspiring entry-level miners. We emphasize ingenuity and efficiency, eliminating the unnecessary and perfecting the paramount to ensure lasting decentralization and continued advancement.
