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. Internet Computer Protocol

Decentralization

Through the Internet Computer Protocol, MinePro is the first completely decentralized and community-owned public Bitcoin mining offering. The MinePro DAO holds total autonomous control over every aspect of $MINE, from legal ownership of ASICs, to complete control over fund disbursement.

DAO ownership of ASICS

The MinePro DAO holds complete legal control over all machines purchased, by holding $MINE, you legally hold a piece of MinePro's operation.

DAO ownership of technical infrastructure

MinePros staking app, token contract, website, and community, are hosted on the Internet Computer Protocol and are non-reliant on any centralized applications or programs, thus giving the MinePro DAO full control over every aspect of our technical infrastructure.

DAO ownership of profit split

The MinePro DAO holds the rights to adjust the profit split at any time, as well as holding control over what team fees are used towards.

DAO ownership of hosting arm

While the hosting arm's clients hold the legal rights to 80% or over of Bitcoin yielded from their machines, depending on the size of the operation, the MinePro DAO holds ownership over the control of which projects can host with us, how the 20% fee is used for the MinePro DAO, and any other decisions.

Building out the protocol this way protects investor interest as well as making MinePro's investment offering much more attractive. One of MinePro's goals is to counter every characteristic making Bitcoin mining an unattractive investment offering at the moment, and the centralization of most public Bitcoin mining projects is a part of this.

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Last updated 10 months ago