Honest Mining

What is Honest Mining

The world associates blockchain technology and cryptocurrencies with decentralization. Cryptocurrencies are decentralized because the technology on which it is based, the blockchain, is powered by anonymous blockchain validators. The validators are those who validate the transactions on the distributed ledgers around the world and keep it secure. Over the year, these blockchain validators have come to be known as “blockchain miners” and “crypto miners”.

While it is true that miners are making the blockchain network decentralized, there are still big barriers to entry that prevents everyone from joining: limited knowledge, limited technical skills, limited financial power, and limited infrastructure.

All these limitations cause fear and uncertainty. A technology that should be transparent is used by a few parties to either maximize profit by monopolizing the market or to make a scam business using the hard-tounderstand “crypto mining” buzzword.

We are HONEST MINING - a company with a simple mission: building trustworthy and easy crypto mining that is accessible to everyone. HONEST MINING will achieve this by looking at both the short- and the long-term impact.

Soon after token has been distributed, we will be launching the next generation of cloud mining for Proof-of-Stakes-based cryptocurrency (PoS). The platform is a highly automated and secured stacking pools with very low minimum commitment. Miners can get their rewards based on the masternode reward distribution without losing any of their collateral. HONEST TOKEN (HNST) will be used for the platform economics.

While we are making sure that the platform is stable, HONEST MINING will seek to grow the mining community even further with Project ALEXANDRIA - a mining knowledge bank powered by the community. As a long-term project, HONEST MINING understands that this is not a simple mission. There are hundreds of active blockchain projects, each utilizing its own unique approach; that being said, we are confident that our current proposal is a step closer to reach our goal.