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Ethereum standard hashrate token–EHash: the innovative pioneer of hashrate token 2.0

Team Bitcoin Daily

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Problems such as the high threshold for individuals to participate in mining, the difficulties in communicating with custodians of mining machines and the daily operation and maintenance of mining machines have discouraged many entry-level investors. The mining costs and difficulty level for ordinary participants have increased significantly, and the era of exponential growth in the mining industry is gone forever.

Many cloud computing platforms have emerged in recent years. Users no longer need to purchase mining machines. They can enjoy mining income just by purchasing hashrate contracts. However, due to insufficient information disclosure by the platforms about mines, mining machines, teams, etc., it is difficult for users to judge the hashrate quality, real-time operation status, and real income data, thereby exposing themselves in huge risks.

To solve the problems mentioned above, EHash dares to be the first. The team integrates industrial resources and adopts intelligent operation and tripartite model of supervision, to effectively solve the challenges faced by individual miners like information asymmetry, channel monopoly of mining machine, and the disorder of the industry. EHash issues hashrate tokens, and establishes a standardized system for hashrate tokens.

The paradigm revolution for standard hashrate token

Starting from the high-level design, EHash is different from other hashrate tokens on the market.

EHash is the native standard hashrate token of Ethereum, and it is also the first DeFi project to reform Ethereum’s hashrate.

As the foundation of the blockchain, mining industry has created  a new operation approach, profit mechanism and wealth creation model through the Ethereum standard hashrate token EHash in 2021.

The minute EHash was launched on Gateio, it became a phenomenonal DeFi project. The superior market premium it demonstrated revealed the wide recognition of its leading model by the entire industry and investors.

EHash is a token that anchors the hashrate of Ethereum’s PoW. Each EHash corresponds to 0.01 MHash/s of Ethereum PoWhashrate.

All token data such as total volume, holding distribution, daily income are transparent and available on the Ethereum network. The actual hashrate that supports the EHash value is also transparent and available in mining pools, such as F2Pool, one of the largest Ethereum mining pools in the world.

The EHash mining income is automatically transferred the to the user’s address every day through the smart contract. EHash holders do not need to purchase mining machines like traditional Ethereum miners.

The above design is the underlying logical support for EHash’s “high market premium + double income” mechanism, the perpetual motion machine model.

Staking EHash is equivalent to mining with an Ethereum mining machine. Therefore, holders will get double income: the net profit of Ethereum mining and the liquidity premium of EHash itself.

As for the expectable premium for the EHash, on the one hand, token holders can trade tokens at any time and enjoy the high liquidity of Gateio, and the resulting liquidity premium may be very high; on the other hand, as EHash is supported by the true value of Ethereum, thus it will rise in accordance with the value of Ethereum. In this sense, its premium ability is self-evident.

Execution through smart contract, and profit distribution through decentralized financial method.

The key reason that makes EHash far surpass traditional cloud mining and other so-called “hashrate token” is its innovative attempt of “DeFi speculative mining”.

EHash holders can go to the DeFi lending platform to mortgage EHash to obtain loan income, while at the same time borrow other stablecoins at low interest rates, and then swap them into EHash. At this time, users’ income from holding EHash is EHash APR×Leverage Ratio + Mortgage EHash APR. In other words, their incomes are increased. We are seeking to launch EHash on the mainstream DeFi lending platform, and it is expected that there will be good news soon.

At the same time, in order to create sufficient liquidity for the circulation of EHash, we will also start EHash’s liquidity mining for other tokens.

Therefore, EHash can avoid the occurrence of accidental losses, like the common risks of uncancellable orders and black box operations in cloud mining, to the greatest extent while generating a steady income.

The long-term vision of EHash is not only to provide a convenient way for ordinary users to obtain the Ethereum hashrate and to bridge the gap between the token circle and the mining circle. More importantly, it aims to create a liquid asset for EHash holders to benefit from the entire DeFi boom.

Highlights of Ehash 

  1. The hashrate token can lower the threshold for users to participate in mining, and to enjoy mining income without having to build their own mines.
  2. Compared with ordinary mining, mining machines have problems like high price, short life expectancy, and maintenance difficulties. The hashrate token, on the other hand, can guarantee stable income all the time, once and for all. 
  3. If the token price is expected to rise, the hashrate price will increase, and the hashrate token will also have a premium. Users can get benefits from the liquidity of the hashratetoken.Thehashrate token maps valuable assets and stable future income, it will gain better liquidity after opening the transaction. 
  4. The hashrate token and the physical mining machine are anchored 1:1, all the hashrates are issued with token, and the real-time hashrate data of the third-party mining pool can be checked at any time. The transparent user-supervision mechanism guarantees the safety and reliability of investment, and fundamentally eliminates false mining and false hashrate.

Aims to create a transparent mining environment where everyone can participate, supervise, and benefit, to enrich the mining industry ecology, and help the healthy development of the blockchain industry, EHash will always be committed to promoting the integration of the real economy and blockchain technology, and implementing the integrated application of blockchain technology in industrial reforms.

There is another good news that EHash is about to be launched on the MXC digital currency exchange platform. Speaking of the MXC exchange, I believe everyone is familiar with it. The core concept of the MXC exchange is: develop potential tokens and enable traders and investors to share the wealth brought by blockchain technology, and get richer, safer, and more reliable transaction services. MXC is also a community-based, highly efficient, and secure digital asset exchange platform that has emerged on the top of the wave. It will perfectly integrate the advantages of centralized and decentralized transactions, with strong liquidity, high security, credibility and transparency. It gives considerations to fairness, transparency and efficient development, and have created one after one hot projects.

In this round of DeFiboom, the MXC exchange is likely to find the most potential projects in the current trading market.

EHash’s launch on Max confirms that EHash’s core technology is cutting edge and its consensus is strong.

Conclusion 

In the future, EHash is very likely to become the main entrance for people to enter the world of blockchain mining, which would have high industry significance and value.

In any case, no one can stop the wheel of the blockchain from rolling forward. The future of blockchain will become more and more prosperous and blossoming. With the current innovative mining model of EHash, it will surely lead the blockchain mining trend.

Official link: Ehash

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English Telegram: Click Here

EHash Turkey: Click Here

EHash Philippines: Click Here

Reddit: Click Here

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Press Release

Elevating Possibilities: The Countdown for WBS Dubai Begins!

Crypto Chain Wire

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Mark your calendars for an unparalleled gathering of blockchain and web3 pioneers as the 29th World Blockchain Summit, organized by Trescon and co-hosted by Sun Minimeal, is set to take the stage in Dubai. Scheduled for April 22-23, 2024, at the iconic JW Marriott Hotel Marina, this summit promises to be a cornerstone event, spotlighting the UAE’s progressive embrace of web3 technology and its vision for a future shaped by digital innovation.

The World Blockchain Summit has established itself as a seminal series, bringing together a global cadre of blockchain enthusiasts, innovators, visionaries, thought leaders, and policymakers. This forum serves as a critical platform for deliberating on the integration and implications of blockchain technology across vital sectors, reflecting the global economy’s evolving digital landscape.

Amidst Dubai’s transition towards a digital-first economy, bolstered by strategic government initiatives and a burgeoning digital infrastructure, the city emerges as a global beacon for blockchain and web3 innovation. The inauguration of the Dubai AI & Web3 Campus by DIFC, coupled with the establishment of the Virtual Assets Regulatory Authority (VARA) in Dubai, underscores the region’s commitment to fostering a dynamic digital ecosystem, attracting investors and innovators worldwide.

The upcoming summit anticipates over 2,000 web3 decision-makers, 300+ investors, and more than 100 distinguished speakers. A highlight of the event is the regional finale of the Startup World Cup, orchestrated by the globally renowned venture capital firm, Pegasus Ventures. This competition offers startups a gateway to global recognition and a shot at securing US$1 million in funding at the global finals in San Francisco.

#WBSDubai will showcase a series of compelling keynote addresses, use-case presentations by leading blockchain experts, and thought-provoking panel discussions. The agenda will cover pivotal topics such as the role of Central Bank Digital Currencies (CBDCs), the potential of blockchain to enhance ESG impacts, and the importance of interoperability within the blockchain ecosystem and more.

Some of the notable speakers attending the event include:

  • Pascal Gauthier, Chairman & CEO, Ledger
  • Roham Gharegozlou, Co-founder and CEO, Dapper Labs
  • George Gvazava, Chief Crypto Officer, Bank of Georgia
  • Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle
  • Yosuke Yoshida, Co-CEO of EMURGO Middle East & Africa CEO of EMURGO Kepple Ventures, EMURGO
  • Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance
  • Stefan Kimmel, CEO, M2
  • Richard Muirhead, Managing Partner, Fabric Ventures

Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”

“As Dubai spearheads the UAE’s digital transformation, blockchain technology plays a central role. Trescon is at the nexus, linking pioneering entrepreneurs with elite global investors. The World Blockchain Summit stands as the definitive forum for revealing the forefront of blockchain innovation and insights,” states Sharath Ravi, CMO, Trescon.

Hurry, registration for the World Blockchain Summit in Dubai is still available! Reserve your spot now to be part of one of the year’s most anticipated blockchain and cryptocurrency gatherings. Act fast to seize this exclusive chance to participate and secure your tickets and sponsorship today!!

The 29th edition of the World Blockchain Summit is supported by:

Strategic Partners – DIFC Innovation Hub , Dubai AI & Web3 Campus

Co-Host – Sun Minimeal

After Party Sponsor – Floxypay

Gold Sponsors – Cardano Foundation ,  Medifakt, Crypto2Cash, Anbruggen, Bitflex

Silver Sponsors- Kreation, Coingames, Reat Capital , ACM Finance , Website AI

Lanyard  Sponsor- M2

Badge Sponsor – Ledn

Lunch Sponsor – Payper

Bronze Sponsor- BitGo, M2 ,  Block Convey, Genesis Digital Assets , Hedge , Golfin

Pitch Partners – Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs

Exhibitors- DSQ Solutions ,  Reltime, Qoneqt , C# Corner , Islamic Dinar

Official Accommodation Partner- HotelPlanner

Ecosystem Partner – Entrepreneur Media

Business Broadcast Partner – CNBC Arabia

Official Newspaper Partner- The Fintech Times

Official Digital PR Distribution Partner – ZEX PR Wire

ABM Partner- Demandify

Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association

Prime Media Partner- Demandteq

Community Partner – Hyperledger Foundation

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

To book your tickets, visit: https://www.worldblockchainsummit.com/dxb-apr-24?utm_source=media%20PR%20rd3&utm_medium=ZexPR#Ticket-booking-sections

Contact

Shadi Dawi

Director, Public Relations & Partnerships – MENA, Trescon

shadi@tresconglobal.com

+971 55 498 4989

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Press Release

Big Red LLC Partners with Cornell University’s Entrepreneurship at Cornell Program, Paving the Way for Innovation and Collaboration

Team Bitcoin Daily

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Big Red LLC, a pioneering blockchain and cryptocurrency project, proudly announces its sponsorship partnership with Cornell University’s Entrepreneurship at Cornell program. This landmark collaboration signifies Big Red LLC’s commitment to fostering innovation and education within the blockchain space while establishing the project as a trailblazer in the crypto industry.

Named after the iconic Cornell University mascot and inspired by the university’s rich history of academic excellence and innovation, Big Red LLC represents the fusion of tradition and innovation. The project’s moniker pays homage to Cornell’s longstanding legacy and its influential role in shaping the world of blockchain technology.

As the first crypto sponsor of the Entrepreneurship at Cornell program, Big Red LLC embarks on a journey of mutual benefit, bringing together academia and industry to drive groundbreaking initiatives. This partnership opens doors to unprecedented opportunities, particularly for students, for innovation, education, and collaboration within the blockchain space.

“We are thrilled to be partnering with Cornell University’s Entrepreneurship program,” says Christopher Gilles Fourquier, Lead Developer of Big Red LLC. “This collaboration opens doors to unprecedented opportunities for innovation, education, and collaboration within the blockchain space. As the first crypto sponsor of Entrepreneurship at Cornell, we are proud to pioneer this initiative and set a new standard for industry-academic partnerships.”

The corporate sponsorship extends beyond financial support, as two esteemed members of the Big Red LLC team, Frances Regina (Head of Growth and Partnerships) and Christopher Gilles Fourquier (Lead Developer), will be listed on the advisory council of the Entrepreneurship at Cornell program. This prestigious honor places Big Red LLC at the forefront of academic-industry collaboration, as these individuals join an elite group of advisors guiding the program’s initiatives and participating in the entrepreneurship ecosystem at Cornell.

“This is a significant achievement for our team,” says Frances Regina, Head of Growth and Partnerships at Big Red LLC. “Being listed on the advisory council of Cornell University’s Entrepreneurship program is a testament to our expertise and dedication to driving innovation in the blockchain space. We look forward to leveraging this partnership to create meaningful impact and foster the next generation of blockchain entrepreneurs.”

The sponsorship opens doors to a plethora of opportunities for Big Red LLC within the Cornell community. Big Red LLC will be prominently featured as a corporate sponsor at Entrepreneurship at Cornell event, providing a platform to showcase its innovative projects and initiatives to a diverse audience of students, alumni and academics.

Additionally, discussions are underway for Big Red LLC to host its own event with Entrepreneurship at Cornell, focusing on blockchain technology and the future of Web 3.0. This event will serve as an invaluable opportunity to engage with students and faculty at Cornell.

Furthermore, Entrepreneurship at Cornell hopes to host a webinar in collaboration with Big Red LLC, offering insights into the innovative developments within the blockchain industry. This webinar will provide a platform to educate and engage with audiences about the transformative potential of blockchain technology.

“The partnership with Entrepreneurship at Cornell represents a significant milestone for Big Red LLC,” concludes the Blockchain Brothers, one of the strategic advisors for Big Red LLC. “Cornell’s longstanding legacy of academic excellence and innovation aligns perfectly with our vision for long-term domination in the blockchain space. We hope to capitalize on the sponsorship with multiple possibilities for collaboration and growth.” 

Zachary Shulman, Director of the Entrepreneurship at Cornell program, conveyed enthusiasm regarding the partnership, articulating, “Given Cornell’s leadership in blockchain research, it is fantastic to cement this inaugural crypto sponsorship with Big Red LLC. I am very excited to get Big Red integrated into our eship ecosystem, hopefully to the direct benefit of our students!”

The sponsorship with the Entrepreneurship at Cornell program provides credibility for Big Red LLC and also positions the project to bridge the gap between academia and industry. This partnership marks a significant milestone in the journey of Big Red LLC and reaffirms its commitment to pushing the boundaries of innovation in the blockchain space.

Twitter: https://twitter.com/BigRed_TD  

Website: https://www.thebigredcrypto.com  

Contract Address for Big Red $TD: 0x87bbfc9dcb66caa8ce7582a3f17b60a25cd8a248 (AVAX)

For more information on Cornell University’s Entrepreneurship, visit website: https://eship.cornell.edu/

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Press Release

BitDelta’s Bitcoin Halving Mega Giveaway

Crypto Chain Wire

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Excitement is building in the crypto community as the Bitcoin Halving approaches, and BitDelta is throwing a massive giveaway to celebrate!

Campaign Period: April 6th, 2024, 09:00 UTC – April 20th, 2024, 23:59 UTC

Get your chance to win your share of USD 100,000 by following these simple steps:

  • Download the BitDelta App or visit bitdelta.com
  • Sign up on the platform using this link
  • Complete your profile information
  • Make at least one trade on any tokens listed on the BitDelta spot exchange during the campaign period

Make more trades and increase your chances of being a winner with BitDelta!

We suggest engaging in multiple trades and maintaining a minimum balance in your spot wallet to boost your odds of claiming victory.

At the end of the campaign, three fortunate winners will be randomly selected:

  1. 1st Place: USD 65,000
  2. 2nd Place: USD 25,000
  3. 3rd Place: USD 10,000  

Important Note: Terms and conditions apply. $100,000 giveaway is applicable for eligible participants during the 2 Week Trading Period only.  

For full details, please read the T&C mentioned below:

  • BitDelta will disqualify any entry from users who do not meet the eligibility requirements as solely determined by BitDelta. 
  • BitDelta reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion. 
  • In addition to the following rules, please refer to the App Terms & Conditions and Privacy Notice.
  • To participate in the campaign KYC is mandatory and if any event of KYC and compliance issues get noticed by BitDelta, then BitDelta reserves the right to disqualify the user from the campaign. 
  • BitDelta reserves the right to cancel, suspend, or amend the campaign mechanics or rules at any time at our sole discretion without prior notice to you. 
  • In the event of any dispute BitDelta reserves the right to make all final decisions regarding the campaign. 
  • Nothing contained herein shall be construed to be financial advice.  Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by BitDelta to invest, buy or sell digital assets.   

Purchasing cryptocurrencies and digital assets involves a high degree of risk and there is always the possibility of loss, including the loss of all or a substantial amount of your initial purchase price.   

Please seek professional advice before making any financial, investment, or trading decisions. 

Sign Up Now – Click Here

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