Just Mining joins Elrond as Genesis Launch Partner & Staking Provider
We are excited to announce that Just Mining will operate Elrond Validator nodes to support our Genesis launch and include our blockchain into their service offerings, thus increasing our exposure to the French-speaking communities around the world.
The infrastructure provider has a long history of interacting and supporting blockchain protocols ranging from Proof of Work, Masternodes and Proof of Stake. They will apply their deep expertise to operate our technology and provide their feedback & advice as part of the collaborative efforts.
“It is with great pleasure that we announce this important partnership with Just Mining, which brings experience in blockchain operations, excellence in services, and exposure for our protocol to a large existing customer base, at the same time.” said Beniamin Mincu, Elrond CEO.
The company was founded in 2017 by Owen “Hasheur” Simonin, whose +160.000 subscribers make him the most influential French-speaking cryptocurrency advocate. The blockchain infrastructure provider has quickly grown to be the biggest in France and has shipped 3,500 mining machines worldwide, configured more than 5,000 masternodes on behalf of its customers and exceeded $3mn in turnover.
“Our passion for the new internet constantly drives us to explore the latest technologies emerging from the rapidly evolving blockchain space and support the ones we believe will make the most impact. We have found that Elrond has developed important technological innovations and is driven by an ethos we share. We are extremely excited about the opportunity to support it right from the start” said Owen Simonin, Just Mining CEO.
About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Just Mining
The company was created in June 2017 by Owen Simonin. He is also known in the French-speaking cryptocurrency ecosystem under the pseudonym “hasheur” since he is the most followed French-speaking influencer on the topic of cryptocurrencies with more than 100,000 subscribers.
Just Mining has shipped nearly 3,500 mining machines worldwide and configured more than 5,000 masternodes on behalf of its customers, thus exceeding 3M euros in turnover. In addition, it owns one of the largest French mining farms.
