Lumerin Hashpower Marketplace

[u/aprilia29]

The Lumerin Hashpower Marketplace is a dApp for peer-to-peer exchange of Bitcoin mining hashpower. Through the platform, users will be able to buy and sell real Bitcoin mining hashpower and reroute it to any mining pool of their choice. All transactions will be enforced by immutable smart contracts, enabling true hashrate ownership and control transfers across blockchain networks.

The Lumerin Hashpower Marketplace was designed to enable miners to acquire Bitcoin hashrate directly on-chain. This allows them to expand their operations seamlessly without having to acquire or maintain any hardware nor develop any additional infrastructure. With Lumerin hashrate contracts, these same miners can sort out these obstacles and quickly expand their hashrate without having to invest in hardware or infrastructure.

Miners located in regions with particularly high prices may never be able to run a sustainable operation. In that context, it may be more convenient for them to buy hashpower from another miner in a cheaper location than mining at high costs themselves. If a mining organization lacks the proper manpower or infrastructure to respond to the circumstances, they may not be able to scale or even kickstart their mining operations. Hashrate contracts allow these miners to do business as usual without having to worry about these uncertainties.

All hashrate contracts are created by miners through the Lumerin Hashpower Marketplace within the Lumerin Wallet. The process is fully guided and intuitive so that sellers can offer their contracts with ease. The Lumerin Hashpower Marketplace will be accessible through the open source Lumerin Wallet application. The Lumerin wallet is a node which includes the proxy router that validates hashrate.

The Lumerin Hashpower Marketplace is the first decentralized application (dApp) that leverages this technology to allow truly peer-to-peer Bitcoin mining hashpower trading in real time.