Ethereum standard hashrate token — EHash: the innovative pioneer of hashrate token 2.0
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
- 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.
- 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.
- 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.
- 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.
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: www.ehash.co
English Telegram: http://t.me/EHashGlobal
EHash Turkey: https://t.me/ehashturkey
EHash Philippines: https://t.me/Ehash_Philippines
Ethereum standard hashrate token — EHash: the innovative pioneer of hashrate token 2.0 was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.
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