{"id":76050,"date":"2023-03-23T12:16:45","date_gmt":"2023-03-23T10:16:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76050"},"modified":"2025-09-10T15:10:13","modified_gmt":"2025-09-10T12:10:13","slug":"navier-a-bitcoin-miner-launches-marketplace-for-tokenised-hashrate","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/navier-a-bitcoin-miner-launches-marketplace-for-tokenised-hashrate\/","title":{"rendered":"Navier, a Bitcoin miner, launches marketplace for tokenised hashrate"},"content":{"rendered":"<p>The mining company Navier has launched a service for trading hashrate-backed tokens, open to accredited investors. According to <a href=\\\"https:\/\/www.coindesk.com\/tech\/2023\/03\/22\/bitcoin-mining-firm-navier-starts-hashrate-marketplace-for-retail-customers\/\\\">CoinDesk<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;What the Reactor.xyz platform provides is ownership of a certain hashrate that will mine for a fixed period,&#8221; explained the company&#8217;s CEO, Josh Metnick.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>According to him, at present investors who want to mine digital currencies without building their own data centers have two options:<\/p>\n<p>\\n\\n<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>use services of companies such as Compass Mining, where they buy the rigs and pay for hosting to run them;<\/li>\n<li>turn to cloud mining services such as Bitdeer or BitFuFu, effectively renting the equipment.<\/li>\n<\/ul>\n<p>\\n\\n<\/p>\n<p>Metnick says Navier&#8217;s solution is similar to the second option, but gives users greater control over the hashrate. For example, they will be able to choose which pools to use.<\/p>\n<p>\\n\\n<\/p>\n<p>The compute power will be presented as tokens on the ERC-721 protocol, which readily enable trading among users. The providers of the hashrate for sale will be \\&#8221;industrial-scale Bitcoin miners\\&#8221;.<\/p>\n<p>\\n\\n<\/p>\n<p>The head of Navier said the firm would strive to maintain excess capacity to achieve 100% uptime.<\/p>\n<p>\\n\\n<\/p>\n<p>In March 2021, the infrastructure company Blockstream <a href=\"https:\/\/forklog.com\/en\/news\/blockstream-to-launch-hash-rate-backed-bitcoin-token\">launched<\/a> a hash-rate-backed Bitcoin token, BMN.<\/p>\n<p>\\n\\n<\/p>\n<p>By October, following the placement of six asset tranches among investors, the firm <a href=\"https:\/\/forklog.com\/en\/news\/blockstream-raises-36m-through-sale-of-bitcoin-hashrate-backed-security-tokens\">received $36 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mining company Navier has launched a service for trading hashrate-backed tokens, open to accredited investors, according to CoinDesk.<\/p>\n","protected":false},"author":1,"featured_media":76051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1282,1137],"class_list":["post-76050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-asset-tokenization","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"44","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=76050"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76050\/revisions"}],"predecessor-version":[{"id":76052,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76050\/revisions\/76052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/76051"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=76050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=76050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=76050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}