Miners (MINERS) is a token that supports hydro-powered decentralized mining. The platform seeks to focus on environment-friendly cryptocurrency mining to offer an equitable and accessible model. The network built on sustainable technology aims to generate earnings from Bitcoin mining from real-world mining in Siberia. Thus, the Miners community seeks to safeguard the environment and earn rewards in crypto at the same time.

The whitepaper states the network uses the hydropower strategy to mine. Hydropower is a method of sourcing electricity by utilizing the flowing waters’ kinetic energy. The Miners network seeks to use this method, partnering with a crypto mining company, to make the process eco-friendly. This process of mining aims to solve the issues of Bitcoin mining since hydropower is a renewable energy that produces no toxic byproducts or air pollution.

The Miners network ticker is MINERS, a utility token. The platform seeks to offer a mining wallet that funds the mining operations through a mining tax. Accordingly, the platform states that this mining tax is a 4% transaction fee on MINERS tokens to aid in mining BTC. All of the BTC that the mining process earns is used to buy MINERS tokens, which are burned soon after purchase. This token-burning process aims to improve the token price and reduce the supply.  

Further, the Miners network lists various mining devices that combine the hash power (computational power) to produce earnings for the collective. These devices seek to solve the mathematical problems and work to mine Bitcoins to be added to Miners network supply. Thereby,  MINERS holders’ worth increases.

Furthermore, the Miners platform seeks to launch an NFT platform, Miners app, and a gaming portal. This development aims to make the network fully community-centric and to offer a wider brand.  

The MINERS token was founded by Junior Theomou, a crypto YouTuber and the CEO of a Germany-based clothing brand. 

The MINERS token has a maximum total supply of 21,000,000,000 (21 billion).

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