☁️HashMix and cloud mining

HashMix is a tokenization of hashrate (computing power) and a next-generation trading floor protocol.

It allows anyone to buy, sell, lend and exchange mining power to various PoW blockchains in a decentralized way without a trusted third party beyond geographical barriers, democratizing and reinforcing the global mining ecosystem anew and solving problems such as resale and fraud.

At the moment, the cryptocurrency mining industry suffers from centralization and illiquidity. While cloud mining allows investors to mine cryptocurrencies without expensive equipment, and new hashrate tokens provide liquidity for bitcoin mining, they only solve part of the puzzle.

HashMix, founded in September 2020 in Singapore, aims to further democratize and activate the mining economy by introducing the world’s first decentralized, universal trading floor for various mining capacities using non-mutually exchangeable token (NFT) technology.

The HashMix tokenization protocol can convert the mining power for any PoW blockchain, be it Bitcoin or Etherium, or storage mining power in the Filecoin network, into NFTs tied to real hardware, with the advantage of traceability, sellability and transparency. This prevents resale and fraud risks, and effectively combines different computing power.

Combined with a set of protocols for trading, exchanging, and lending, HashMix allows everyone from miners to investors to DeFi participants to buy and sell hash power seamlessly and access multiple financial options such as stacking and liquidity mining.

The HashMix ecosystem is supported and incentivized by HSM’s own token.