ORE Network ORE Mining Launches On SpiderMiner
ORE Token mining launches as part of the first cohort on SpiderDAO’s new multi-token hardware miner, the SpiderMiner.
Aim:
SpiderMiner aims to bring multi-token mining to every crypto-related project — regardless of their network protocol or token characteristics — in an eco-friendly, privacy-centric way.
It’s designed as a low-power device that produces consistently high returns on a wide range of high-quality, diversified tokens. The SpiderMiner deploys a hybrid mining Algorithm called POPS (Proof of Privacy Staking) that ensures an easy-to-operate user interface alongside world-class privacy, security and protection protocols. Users can simply and securely mine and earn.
ORE Token is the native digital asset that runs the ORE Network. It’s cross-chain, sustainable and built to scale to billions of users. Like renting servers in the cloud, anytime a business creates a new account on the ORE Network for its users, the business needs to purchase ORE Tokens.
This partnership continues to evolve as the utility of the ORE Token and rewards of the community grow. They are thrilled that ORE Token is part of SpiderMining’s first cohort.
About the Open Rights Foundation
Built in partnership with AIKON, the Open Rights Exchange is built to be simple to use and compatible with all chains. A single password — not a key — is provided as the entry to not just the Open Rights Exchange, but to all other chains including Ethereum, Polygon, Algorand and EOS — with even more chains being added every quarter.
About SpiderDAO
SpiderDAO provides a decentralized router-based VPN service for its users by using a dual-governance model which brings together hardware and software tools with on-chain elements. The team aims to build a new set of standards for Decentralized Autonomous Organisations to counteract the unfair distribution of voting power. Combining hardware safeguards and leveraging the Polkadot consensus mechanism, SpiderDAO establishes a whale-resistant mechanism whilst creating a highly scalable, interoperable and stable governance system.
➡️Source:
https://medium.com/@ORE_Network/ore-token-mining-launches-on-spiderminer-fd32370dba54