Bitcoin and cryptocurrency mining is very important but currently the mining industry is being mediated by ASIC Manufacturers as Centralized ASIC manufacturers are controlling the flow of the hardware infrastructure supporting "decentralized" cryptocurrency which basically decides who gets mining hardware and when.
Also ASIC manufacturers mine with the advanced technolog ywhile selling off older technology,the advanced technology gives them an immense competitive advantage
All of this increases the threat to decentralization as Bitcoin and cryptocurrency prices rise. As,the incentive to mine with the equipment in their own mines grows for centralized ASIC manufacturers leaving independent miners with little access to economic hardware
Solution:
Node haven is providing a solution by :
Increase accessibility:
They are making mining accessible again by giving everyone the same opportunity.
Replacing current centralized business models
The current business model of mining is “Centralized business models” and by their very nature act against the missions of decentralized cryptocurrencies. They limit the access to advanced technologies and increase equipment prices following cryptocurrency market price to obtain the highest profit margin possible.
Embrace co-operative business models
A co-operative business model will supply every member the same advantages that ASIC manufacturers have themselves: First access to the most advanced equipment at the lowest cost
Concept:
NODE Haven is a US-based blockchain hardware manufacturer that provides everyone the ability to have the same advantages miner manufacturers have themselves:
Working:
With the help of Node tokens, miners can be reserved with just 10% of the purchase value in tokens. Tokens may be used over and over again if equipment is paid for in cash or crypto.
Also, Miners may be purchased outright with NODE token, cash or crypto.
Roadmap:
There is no roadmap of when the project will be launched, available as of now however they have put up a timeline of how quickly the product will be delivered to client once ordered.
Features:
The NODE Haven 7nm in contrast to the standard 16nm , Bitcoin ASIC could provide up 60% more hash-rate at up to 50% better efficiency compared to 16nm ASICs.
Team:
Michael Bazzi – Cofounder : He has studied at Michigan University and prior to this , worked as an associate at Fidelty Investments.
Charles Dusek – Cofounder : He has studied at Houston Univeristy and is also the co -owner at Voda Flask.
Gill Motta – Technical Director : He has studied at Sao Palo university and is director of technology at FDS Avionics Corp.
Verdict:
The projects idea- to decentralise the mining process in current cryptocurrency scenario is good and if achieved will bring about increased accessibility and equal opportunity in this fied ; but their whitepaper is extremely technical and no MVP is there .Apart from this the roadmap is not directly given and instead a timeline of product delivery is given.
Token Matrix:
The token Matrix is as follows:
Supply : 500,000,000
Specification:ERC20
Symbol: Node
Hard cap: $48,750,000
Soft Cap : N/A
Token Distribution :
70% for Public Sale
3% for Bounty
7 % for Advisors
10% for Team
Links:
https://nodehaven.com/
