MinePro Documentation
  • Introduction to minepro
    • Project overview
  • The problem
    • Power cost
  • Solution
    • Logic Mining through MinePro
  • Halving effects
    • The gap increases further between industrial & retail Bitcoin mining
  • Competing solutions
    • Unattractive power rates and investment models
    • Startup style “cloud” mining, and zero revenue protocols.
  • Expansion
    • Hosting arm
  • Facility
    • Logic Mining's facility
  • $MINE deflation
    • $MINE as a deflationary asset
  • Opportunity size
    • Opportunity size
  • Internet Computer Protocol
    • Why ICP?
    • Decentralization
  • Long term vision
    • Long term vision
  • transparency
    • Transparency
  • team
    • The MinePro team
  • Tokenomics Abstract
    • The $MINE token
    • How $MINE works
  • In-depth tokenomics
    • $MINE use cases:
    • Tokenomics split
    • Staking mechanics
    • Sale minimums & maximums
    • SNS Parameters
    • Potential Attack Vectors
    • Funding Disbursement
    • Business model & profit split
  • Legal
    • Legal agreements and safeguards
  • Roadmap
    • Roadmap
  • Partners & ecosystem
    • Partners & ecosystem
  • more
    • Links
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  1. Competing solutions

Startup style “cloud” mining, and zero revenue protocols.

PreviousUnattractive power rates and investment modelsNextHosting arm

Last updated 10 months ago

Then there's the various start-up style cloud mining offerings throughout crypto, which operate on the principles of very low transparency. Almost always, there's very little visibility into anything happening behind closed doors. How many GPU’s/miners are there? What’s the power rate? Where are they located? These questions are almost never answered, leaving investors with complete uncertainty.

This is not something that occurs only in the Web3 mining space, in-fact, it's one of the most pervasive issues in the wider cryptocurrency industry today. How many times in the crypto space have you heard the following from projects: "We're going to build a multi billion dollar blockchain" and "We plan to build the world's biggest metaverse?"

Probably too many times right? MinePro is a much-needed break from this model.

Proven revenue

99% of all Web3 startups fail. Oftentimes, there's no streamlined path to producing actual revenue. Most of the time these projects are built upon extraction, rather than creation. MinePro isn’t a concept, or a “big idea,” or a game/dapp, that will require years, and mass adoption to produce an actual profit. This is a 100% verifiable, income producing RWA asset that will bring Bitcoin liquidity enmasse to the ICP ecosystem. Something that is sorely needed.

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