Under the wind of the encryption market: Koala Arithmetic Mining Platform completes the development and design of the prototype
With the surge of Bitcoin and Ethereum, the two major cryptocurrencies continued to hit record highs, and the crypto market was boiling. According to CoinMetrics data, Bitcoin miners set a record of $340 million in mid-December 2017 and $1.02 billion after the bear market in January 2018. It is expected that bit miners will set a higher record in the future.
As the price of cryptocurrencies has soared, the continued high popularity and high yields have led to a mining boom. On February 8, 2019, the Internet company Ninth City (Nasdaq: NCTY) announced that it had signed a legally binding memorandum of understanding (MOU) with 6 mining machine owners to purchase a batch of digital currency mining machines by issuing new shares. There are 10,489 units in total, with a total computing power of about 251PH/S.
In May 2019, unknown local customers in Russia have purchased tens of thousands of mining machines. A local customer has purchased more than 20,000 crypto mining rigs, according to an executive at BitRiver, Russia’s largest crypto mining hosting provider. The price is between $40 million and $60 million.
Under the tuyere, following the trend, in October of the same year, the Koala computing power mining platform operated by the Koala Foundation completed the development and design of the prototype.
Koala Hashpower Mining Platform is an innovative global blockchain computing power financial service platform whose purpose is to redefine the mining industry ecology based on blockchain computing power. Based on the mining machine mining farm, KOALA is the only circulation medium for the koala computing power mining platform. Users can use KOALA to directly obtain computing power and use it to pay electricity fees, custody fees, DeFi service fees, etc., thereby redefining the mining industry. value, and ultimately build a blockchain computing power financial service platform that integrates computing power services, financial services, circulation services, and information services.
Features of Koala Pool APP:
- A virtual trading platform that can mine freely online, here provides a new way of mining and free trading;
- The fixed assets of miners can be circulated within the Koala computing power mining platform and the secondary market, allowing more idle computing power to play a role and allowing users who want to mine to participate;
- You can learn about the new currency market anytime, anywhere, and you can always pay attention to new financial information;
- There are investment and wallet content, inviting friends is even more rewarding, the freedom of gameplay is extremely high, and the promotion system is perfect, and more income is proportional to the effort.
- Adopt self-developed architecture, high performance, low latency, to ensure the stability of computing power and block production.
Koala computing power mining platform providers will build or cooperate with mining farms, deploy mining machines and sell or lease computing power.
Mining is a long-term process, and mining revenue is also a long-term accumulation process; it is a process of obtaining rewards by investing in mining machines to maintain the normal operation of the network. The vision of the Koala Hash Mining Platform is to create an open, fair, transparent and low-threshold one-stop blockchain computing ecosystem for users, promote the development of the blockchain industry, empower the future economy, and connect with global users A total of innovation and technology dividends.
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