Decentralized AI Network Down 97% From ATH
Our next pick is a decentralized protocol backed by top VCs enabling people to trade hashrate effectively.
Hi Investor 👋
it’s Pick Day!
Every Saturday, you get deep dives on Micro Altcoins with 10x+ potential
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A new commodity
Throughout history, economies have hinged on valuable commodities — salt, oil, and now, Bitcoin hashpower.
Bitcoin hashpower refers to the computational power miners use to secure Bitcoin’s blockchain by solving complex puzzles and validating transactions.
Much like salt preserved food in ancient times or oil fuels today’s industries, hashrate has the potential to become an essential asset driving the digital economy, ensuring both Bitcoin’s security and its performance.
As more individuals, institutions, and even governments recognize Bitcoin as a store of value and currency, hashpower’s role as a tradable commodity is rapidly growing.
Since ASIC machines came out in 2012, we’ve been seeing new, more specialized mining hardware come out every year. This raised a concern: the more powerful hardware we have, the more we drift away from mining decentralization.
If there was a way to distribute the control of hashrate, regardless of where the physical hardware that produces it resides or who owns it, we could significantly reduce the risk of centralization.
Our next pick is a decentralized protocol backed by top VCs enabling people to trade hashrate effectively.
Now let’s tell you which project we are talking about and share the full investment case with you: