Mine network (mnet)

I am always looking for the next x100 Gem, and recently I discovered MINE Network (MNET).

It is a new project and it is a very interesting one:

(From their Project Wiki Page)

About MINE Network MINE Network is the first decentralized standard hashrate token protocol that solves the liquidity problem of miners on multi-chains, including but not limited to: Bitcoin, Litecoin, and Ethereum. MINE Network will standardize the mining power from different mining pools for different mining projects and then issue pTokens (different standard hashrate tokens) like:  

• for the Bitcoin standard hashrate token
• for the Ethereum standard hashrate token
• for the Filecoin standard hashrate token
• for the Litecoin standard hashrate token.

Every standardized pToken (hashrate token) is a synthetic token reflecting a part of the mining power from a specific mining blockchain backed by its standardized mining power. The hashrate tokens liquidity gets an extra boost due to their ability to be integrated with cross-chain DeFi protocols such as:  

•   Polkadot Loan Protocols
•   Ethereum Chain
•   Huobi ECO Chain
•   BINANCE Smart Chain
•   and many more

MINE Network will also leverage Substrate's OCW off-chain oracle workers to track on-chain revenue data from various mining projects in real-time and upload revenue information to ensure that all data is open and transparent for miners.

Vision  Driven by a relentless desire for constant progress and a passion for revolutionizing the mining industry, we set out to solve the unsolvable. We believe that a decentralized world that encourages eco-conscientious protocols is not only possible but inevitable. With our superior technology and innovative open source systems, we strive to bring forth the next frontier of machine-less mining to the forefront of the cryptocurrency world. 

Mission   We are innovators on a mission to transform the mining sector by establishing MINE Network as the premier multi-chain standard hashrate token protocol. We implement a more cost-efficient mining model and strive to improve the carbon footprint by incentivizing miners to employ greener practices. All while lowering the learning curve and start-up cost for aspiring entry-level miners. We emphasize ingenuity and efficiency, eliminating the unnecessary and perfecting the paramount to ensure lasting decentralization and continued advancement.  

So the project is just great.

The token MNET had a great run at the beginning (like always) and then it was dumped again (like always).

The token is looking for its bottom.

What is more interesting of MNET is that right now is listed only on Kucoin, and the market cap is just 1 Million USD.

A few days ago KUCOIN launched a staking fixed promotion

I was lucky enough to enter it (now it's closed).

If you want lo learn more about it click

It was a while that I didn't invested in a new project, but this one caught my eyes.

PS: I’m not a financial advisor, never invest all your money in crypto, to have a stop loss is very important!

DO YOUR OWN RESEARCH before investing your money.