What is HashPower?

HashPowerX is a platform that integrates traditional cryptocurrency mining operations with blockchain technology, enabling users to participate in mining activities through tokenized assets. The company operates over 80,000 mining machines across more than 10 data centers in countries such as the United States, Canada, Singapore, Hong Kong, and Ethiopia. It is recognized as a leading miner for IO.net and Aethir and ranks among the top three global contributors to the InterPlanetary File System (IPFS).

Users can engage with HashPowerX by providing assets like USDT, external protocol tokens, or H100 GPUs. In return, they receive HPX tokens, which represent their stake in the mining operations. The platform ensures transparency by utilizing blockchain oracles to provide real-time data on mining activities and rewards. This approach allows for the distribution of mining rewards to token holders, facilitating participation in the mining process without the need for direct involvement in hardware management.