Eminer

Eminer

EM
$0.000803728%2.38

Key Metrics

Price$0.000803728
Real Volume (24H)$267,071.24
Marketcap$1,169,022.07
Fully Diluted ValuationN/A
ATH$0.094253
ATH Date1/16/2022, 4:12:46 AM
ATL$0.00073501
ATL Date11/17/2022, 4:59:05 AM
Circulating SupplyN/A
Total Supply2.1B
WebsiteN/A
WhitepaperN/A
Popularity Rank2289
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What is Eminer?

Eminer (EM) is a blockchain-powered platform that provides global hash rate services to its users. Hash rate refers to the computing power utilized to verify transactions on a blockchain network. The platform aims to redefine and integrate the global mining ecosystem by building a hash rate financial services platform. Eminer aims to enhance the value of the mining industry by transforming hash rate into an efficient digital pass. The platform has a large hash rate derived from thousands of mining machines, which enables it to offer convenient mining services to its users.

Eminer is designed to address the challenges facing the mining industry, including high capital costs, high power demands, high technical requirements, difficulty in currency switch, lack of standardization, and imperfect services. The platform claims that these challenges are due to high thresholds, over-dependence on resources, and lack of supervision. Eminer aims to overcome these challenges by improving asset liquidity, enabling economies of scale to reduce costs, offering cross-currency mining, and improving the financial attributes of the ecosystem.

Eminer intends to offer four main categories of services to its users, which include hash rate services, financial services, circulation services, and information services. These services are accessible through EM, the native cryptocurrency of the platform, which serves as a decentralized finance (DeFi) tool. The platform also collects transaction fees in the form of EM tokens, which are based on the ERC-20 standard protocol of the Ethereum network.

The Eminer mainnet was launched in September 2020, while the whitepaper was launched in April 2019. The core team of the platform includes CEO Artem Borovkov, COO Edward Zhang, operations director James L, and mining farm head Leo LV. The EM token has a maximum total supply of 21.1 billion, with 10% reserved for technological development, 30% for infrastructure costs, and 50% for self-built hash rate.

In conclusion, Eminer is a platform that offers global hash rate services to its users by leveraging blockchain technology. The platform aims to address the challenges facing the mining industry by providing efficient and cost-effective solutions. Through its four broad categories of services, users can access a range of services conveniently, while EM tokens serve as the native currency of the platform, enabling access to the decentralized finance (DeFi) ecosystem. The team behind Eminer is committed to providing innovative and effective solutions to the challenges facing the mining industry.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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