SpiderDAO Announces Inaugural Mining Group: On the SpiderMiner

SpiderDAO
5 min readFeb 21, 2022

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FEB 11th 2022. SpiderDAO are immensely proud to announce that the inaugural group of projects that will be included on our revolutionary SpiderMiner are four high-quality, well-established projects that will give users both the diversity and potential returns needed for a successful hardware mining operation.

As promised the SpiderMiner will bring not only Multi-Token mining to every Crypto-related project (regardless of their network protocol or token characteristics) but to do so in an eco-friendly, privacy-centric way.

The members of the 1st Mining Group are:

$SPDR

SpiderDAO provides a decentralized router-based VPN service for its users by using a dual-governance model which brings together hardware and software tools with on-chain elements. The team aims to build a new set of standards for Decentralized Autonomous Organisations to counteract the unfair distribution of voting power. Combining hardware safeguards and leveraging the Polkadot consensus mechanism, SpiderDAO establishes a whale-resistant mechanism whilst creating a highly scalable, interoperable, and stable ecosystem with a whole suite of security tools.

Read more or buy the SpiderMiner on:

Telegram | Twitter | Medium | Website

$ORE

Built-in partnership with AIKON, the Open Rights Exchange is built to be simple to use and compatible with all chains. A single password — not a key — is provided as the entry to not just the Open Rights Exchange, but to all other chains including Ethereum, Polygon, Algorand and EOS — with even more chains being added every quarter.

Read more about ORE:

Telegram | Twitter | Medium | Website

$SOLAR

The Solarbeam platform implements a decentralized exchange for users to trade their tokens using peer-to-peer transactions, yield farming opportunities and a vested token feature that will offer multiple benefits, such as single staking rewards, a share of the fees generated from the DEX and governance power.

Read more about Solarbeam

Solarbeam | Solarflare| Twitter | Discord | Telegram | Medium

$PETS

PolkaPet World is an NFT project created by Bondly in partnership with some of the biggest names in the Polkadot ecosystem. Each PolkaPet is embodied as an artistic creature that represents a specific Polkadot project.

All PolkaPets hold unique project-specific utility to reward community members for holding their PolkaPet NFTs in their wallets. The utility can be a discount on fees, an airdrop of tokens to PolkaPet cardholders, or various other utilities.

The $PETS token is the utility token used to engage with PolkaPet World products and services, as well as allowing governance rights and access to exclusive sales.

Follow PolkaPet World:

Polkapet.world | Twitter | Telegram | Discord

$POP!

Proof of Partnership (POP!) is a platform that allows 2 projects to objectively display mutual trust and commitment to each other, by locking their respective tokens together and creating a trustless Mutual Liquidity Pool (MLP). In addition, it grants POP! users the opportunity to provide single-sided liquidity, in the form of their favorite token, by matching them with another POP! user and adding their joint liquidity into the MLP.

Powered by Faculty Group, POP! aims to set a new golden standard with regards to partnerships, and how they are perceived in the digital asset ecosystem.

Website | Gitbook | Telegram | Twitter | Onepager

We are anticipating huge demand for the initial batch of SpiderMiners from our partner communities, so there is a pre-order facility where you can secure your SpiderMiner in advance. To secure your SpiderMiner, please see the Pre-order form here.

The SpiderMiner, More than just a Miner
The SpiderMiner is so much more than just a simple hardware Multi-Token Miner. It’s been developed in cooperation with SpiderVPN, and they have developed a whole host of features that are built right into the heart of the SpiderMiner with features such as:

  • Military Grade VPN protection built into the firmware
  • Very low power requirements that enable an eco-friendly operation
  • Metaverse protection features that ensure privacy and security
  • A Hardware DAO including voting and community participation features
  • Simple to use “plug and play” interface to set up and mine tokens unattended
  • A high fixed ROI (Return on Investment) across a range of high-quality tokens
  • 1-click 90 day token bonding options to further enhance miners earnings

The SpiderMiner, Protect, Mine, Earn & Relax

To bring peace of mind to owners, miners get a fixed Return on Investment (ROI) based on the number of tokens that can be mined. There is also a further boost to those earnings by including a 1-click 90-day token bonding option that can be initiated throughout the miner’s life.

Together, these two features will mean that miners can earn up to 165% of their initial investment. Unlike other mining hardware, there is no reward “halving events” or increased hashing requirements due to network expansion.

For more detailed information regarding earnings, see the SpiderMiner website here.

More information & where to buy.

There is a detailed suite of information so you can dive deeper into the SpiderMiner. Please find below all the links:

Website

Frequently Asked Question’s

User One Pager

Showcase Video
Miner Features Video

Metaverse Video

Preorder page

About the SpiderMiner

The SpiderMiner is a high specification, eco-friendly Multi-Token hardware miner with military-grade VPN protection built right into the firmware. It’s designed as a low power device that produces consistently high returns (in tokens mined) on a wide range of high-quality, diversified tokens. The SpiderMiner deploys a revolutionary hybrid mining Algorithm called POPS (Proof of Privacy Staking) that ensures an easy-to-operate user interface alongside world-class privacy, security and protection protocols which means users can simply and easily Mine, Earn, Profit, Protect & Relax.

Read more or buy the SpiderMiner on:

Telegram | Twitter | Medium | Website

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SpiderDAO
SpiderDAO

Written by SpiderDAO

SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of Polkadot. https://spiderdao.io