What is Electrominer?
Electrominer is a self-powered Mining Platform where users rent hashing capacity to mine various coins on various algorithms.
Electrominer was created to address the challenges of mining PoW (Proof of Work) based cryptocurrencies.
They have their own data-centres equipped with ASIC and GPU miners to mine profitably and effectively, their own solar power station to efficiently power their equipment, and Electrominer platform's mining capacity will be available for anybody to rent and utilize for mining through the web portal.
Electrominer Tokens (ELM) have a fixed supply and represent a share of total mining capacity available for rent on the Electrominer platform to use for mining Bitcoin and other PoW based coins.
Electrominer's total mining capacity will grow proportionally with the expansion of their mining facilities.
Electrominer Tokens allow you to access the Electrominer Cloud Mining Platform to mine a variety of coins.
ELM will never become obsolete, outdated, or broken.
ELM can be used for mining coins and sharing in Electrominer's ever-increasing mining capacity, and it can be sold at any time.
Electrominer is open to anyone who shares and is willing to contribute to our vision for revolutionizing the mining industry in order to make crypto-mining accessible to everybody, while simultaneously working to reduce the harmful environmental impact created by typical crypto-mining services.
What Electrominer says
Electrominer is a self-powered mining platform which uses clean energy for its mining equipment by developing solar panel fields as a main energy source.
The project is created to address the problems of Blockchain Technology and to contribute to the future of decentralized technologies.
Electrominer will push Blockchain potential in the right direction by creating sustainable, expandable and self-sufficient mechanism driven by community.
- Website: http://www.electrominer.io
- Headquarters: Lake Forest, California
- Year founded: 2017
- Company type: Privately Held
- Company size: 11-50 employees
- Specialties: Crypto-mining, Blockchain, bitcoin, Cryptocurrency, Cryptocurrency mining, Cloud-mining, Data centers, and Lean energy
For more info on the Electrominer project, please refer to the whitepaper