SINGAPORE, January 26, 2021 (GLOBE NEWSWIRE) – Bitcoin miners are on the road to success. They successfully weathered the 2020 pandemic, went through the Bitcoin halving, and now the network is recording some of the best hash rates ever as these operations seek to achieve a new level of decentralization. Bitcoin mining has seen ups and downs, scams, and great technology for nearly its second decade of operation. From infamous scams to billions of dollars invested by heavyweights in the bitcoin mining sector, this industry is full of formidable projects. One project that improves Bitcoin mining even further is Zionodes.
Transparency, user control and decentralization – Zionodes’ top priority
While there are positive signs that Bitcoin mining is becoming more decentralized, there is still a long way to go before this industry can be considered purely decentralized. With Bitcoin mining there is still the risk of strong centralization through possible coercion at the state level with vertical / horizontal integration. As with most profitable companies in the industry, the natural attraction of Bitcoin mining is greater control by one or a small number of control posts.
Two friends, Matvii Sovoraksha (CEO of Madfish, inventor of the Thanos wallet for Tezos) and Olga Kochmar (founding member of the Bitcoin Association of Hong Kong), who are blockchain and cryptocurrency enthusiasts, founded Zionodes with an understanding that decentralization of the Must be core value. Zionodes decentralized Bitcoin Mining with its marketplace and its tokenized ASIC platform.
Zionodes Market Place
Zionodes gives miners the power of information. Nothing will be hidden from you as all operations are managed independently in your own pools, wallets and earnings. It doesn’t meet industry standards for hidden fees and hash rate contracts. Zionodes does not believe in it and has changed the terms of these treaties. This means that the user becomes the full owner of the device. Even if the one-year contract with the data center expires, the user can send physical delivery of machines to the specified locations. Not all give that.
All resellers and data centers are checked, and all ASICs are immediately available after two weeks of installation. The performance data of the devices are tracked over a period of 10 days before they are made available. Users are made aware of this information and can therefore act on the basis of this information.
The platform offers open statistics on farm operators and resellers, on the basis of which decisions can be made. The platform follows a transparent policy methodology that involves all types of users at all stages and gives them the freedom to make decisions based on the information.
The latest offering – ASIC’s Tokenized Platform
Bitcoin mining is expensive, can get technical and initially requires a high level of infrastructure. Zionodes’ unique DeFi offering therefore offers an easier, cheaper and more flexible way to get into mining in a far more lucrative way than expected.
The new offering from Zionodes shows how easy it is to buy a bitcoin mining machine like the Antminer S15 and receive daily rewards. The only problem we are currently facing is the high gas fees on the Ethereum network. The Zionodes team suggests keeping your rewards instead of withdrawing them for at least a week or a month as it can then lead to consolidation and stronger profit.
The solution isn’t just for those who are technically flawless. For those interested in crypto, it is easy to become a part of the Zionodes community. In addition, there are no entry and exit barriers that make it easier to diversify risks and re-invest rewards in a flexible way.
Bitcoin mining machines require heavy machinery that require larger rooms and tech support to keep them running smoothly. Matvii and Olga believe it is high time that ancient mining trails were disrupted and altered. Now is the time to get out of these recurring problems and make it easier for users and miners alike.
As Bitcoin grows in popularity, the mining industry actively needs more actors. Such developments in space are a breath of fresh air to invite young talent and create a more environmentally friendly mining solution.
Amrit Mirchandani, Head of Communication
Phone: +91 8788216349
Address: 08-55, Paya Lebar Square, 60 Paya Lebar Road, Singapore
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/28214ff8-dfa0-40ab-84dd-9b52750397d0