[Introduction]
Satoshi Nakamoto, the founder of Bitcoin, envisioned widespread access to mining by stating “one CPU, one vote” in the Bitcoin whitepaper of 2008. At that time any individual in the world could meaningfully contribute to securing the Bitcoin network through mining and be rewarded.Satoshi’s original vision of accessibility has radically changed. More powerful and efficient methods of mining were introduced, rendering prior methods obsolete. Original CPU mining was overtaken by GPU mining, and now GPU mining has been overtaken by ASIC mining (Application Specific Integrated Circuit). ASIC miners are the pinnacle of modern-day mining and are required to be profitable.
ASIC technology rests in the hands of highly specialized manufacturers that have great control over many factors of the mining network. This is in stark contrast to Satoshi Nakamoto’s original vision of abundant access and the “One CPU, One Vote” vision.
Introducing NODE Haven
NODE Haven is a new blockchain company that intends to provide solutions to the cryptocurrency mining industry. NODE Haven is a blockchain hardware manufacturer based in the United States. It has access to advanced mining rigs and low costs of production.Today's mining equipment manufacturers have business models that centralize access to mining equipment, leading to a plethora of issues that disgruntle the mining community and created a need for NODE Haven.
NODE Haven provides everyone the ability to have the same advantages miner manufacturers have themselves: First access to advanced miners with a price based on a cost of production. This is accomplished by following a co-operative model that utilizes an Ethereum ERC20 Token (NODE). NODE tokens may be used repeatedly to obtain miners at a price based on cost rather than the market, significantly increasing the miner's ROI especially in times of high-demand.
In addition to advanced crypto-mining equipment, NODE Haven is developing new and customized blockchain hardware solutions for applications ranging from artificial intelligence mining supporting neural networks to optimizing video transcoding. Our long-term goal is to support emerging blockchain technology and become your Web 3.0 hardware provider.
NODE haven vision |
NODE Haven 7nm Bitcoin ASIC
7nm allows twice the cores, for up to twice the profits.16nm ASIC chips are the current standard in today's Bitcoin mining equipment. The NODE Haven 7nm Bitcoin ASIC could provide up 60% more hash-rate at up to 50% better efficiency compared to 16nm ASICs.
7nm BTC Miner Timeline
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Why is Bitcoin Mining Important?
- Bitcoin implemented the first proof-of-work mining network and opened the door to the rapidly expanding cryptocurrency space.
- $Trillions of dollars are estimated to be secured by cryptocurrency mining as adoption grows.
- Bitcoin has outperformed most assets year-over-year and is still in early phases of its adoption curve.
- $200 Billion of value secured by cryptocurrency mining and will continue to grow
- $800 Billion is the All-Time High market cap reliant on proof-of-work cryptocurrency mining
- $4 Billion operating profit in 2017 for one ASIC miner-manufacturer
Below is a short video that will help you understand Bitcoin mining, give a brief history and demonstrate how ASICs have revolutionized the industry.
Problem: ASIC Manufacturer Mediation
Centralized ASIC manufacturers control the flow of the hardware infrastructure supporting "decentralized" cryptocurrency by deciding who gets mining hardware and when. Production runs are limited when mining is most profitable causing them to sell out very quickly. This leads to exorbitant pricing from third-party sellers during times when miners are most economic.ASIC manufacturers mine with the advanced technology while selling off older technology. The advanced technology gives them an immense competitive advantage that will now be shared by NODE token holders.
The threat to decentralization increases as Bitcoin and cryptocurrency prices rise. The incentive to mine with the equipment in their own mines grows for centralized ASIC manufacturers leaving independent miners with little access to economic hardware. NODE Haven will not mine with the equipment produced and token holders will foresee-ably get advanced equipment at the lower cost than other ASIC manufacturers. This will effectively neutralize the threat.
What does "NODE haven" do about it?
Increase accessibility.Every person wishing to participate in mining should have the same access to equipment as the ASIC manufacturer.
Replace centralized business models.
Centralized business models by their very nature act against the missions of decentralized cryptocurrencies. They limit the access to advanced technologies and increase equipment prices following cryptocurrency market price to obtain the highest profit margin possible.
Embrace co-operative business models.
A co-operative business model will supply every member the same advantages that ASIC manufacturers have themselves: First access to the most advanced equipment at the lowest cost.
The NODE Haven
Product Development Vehicle (PDV)- The NODE Haven PDV is the first cryptocurrency mining equipment consumer co-operative.
- Purchase NODE tokens and participate in the mission to make the world's most advanced technology accessible to everyone.
- Bernstein analysts report that Bitmain made up to $4 Billion in 2017. Empower yourself with the same advantages: the latest equipment at cost of production.
- Extract the best ROI from your miners by out-competing with your new equipment, direct from the factory with no delay or pre-use.
NODE Token Utility and Redemption
The design of the NODE token takes a principled approach to make a transparent, co-operative and decentralized product development apparatus. The sale of the NODE token during the Initial Token Sale (ITS) does not represent an equity stake in NODE Haven. The NODE tokens in aggregate function as a product development vehicle (PDV). The purchase of NODE tokens during the Initial Token Sale is a prepayment of goods and services developed through the PDV.
Redemption of goods and services developed using the NODE Haven PDV will take place according to the following system of equations:
The NODE Advantage
NODE Haven Token Sale
The company states that the NODE tokens are fair and transparent because they offer equal access to good prices and there are no secrets, the process is completely transparent to anyone interested. The tokens will be community-centered, which will focus on the advantages of the community instead of profit.
With the tokens, the holders will be able to buy the products for their cost price plus 10% that will be used as a way to maintain the ecosystem formed by the company. This way, not only the company will profit from the ecosystem but everybody that uses the tokens will be able to also do it.
The token supply will be of 500,000 NODE tokens. 10% will be sold on the pre-sale, 70% on the main sale, 10% will go to the team, 7% to advisors and 3% to bounties. You can already register on the company’s site to buy the NODE tokens during the pre-sale right now if you are interested in having them.
A total of 93% of the funds will go to product development, 5% to administrative costs, 1% to legal and accounting and 1% to blockchain security.
- SUPPLY: 500,000,000
- SYMBOL: NODE
- SPECIFICATION: ERC20
Token Distribution (NODE)
Allocation of Funds ($USD)
The NODE Haven Team
Who behind NODE haven?
The core team of this company is made up of Michael Bazzi (co-founder), Charles Dusek (co-founder), Gil Motta (technical director) and E. Ross Hackler (creative director). The technical team has people with more than 5 years of experience in Bitcoin mining.
The main advisors are Pranav Mathuria (ASIC advisor), Kitton Gekkoscience (BTC miner builder company), Magnus Dufwa (solidity developer), Bryan Feinburg (blockchain venturist), Tudor Stomff (advisor) and Miguel Gonzalez (miner relations).
For more information, please visit the official website here: https://www.nodehaven.com/
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