The World’s First Low-Power Bitcoin Miner Is Here!
Bitcoin is the future, as the world begins to turn to the decentralized world of Crypto the quest to learn and get involved in Bitcoin has never been bigger than it is today. For many, the entry barriers have been too high, often due to the extreme amount of power and therefore expense, it requires to mine Bitcoin. However, this issue is now a thing of the past, introducing the M2 Pro Miner, the world’s first and only, low-power Bitcoin miner, mining at less than 3 Watts to be exact, that’s not only low energy and low cost, it’s also extremely enticing to an entirely new generation of mining community.
Welcome to the world of Bitcoin via the M2 Pro, welcome to Das Kaiser Projekt III.
What is Das Kaiser Projekt III (DKP III)?
The MXC Foundation is delighted to announce low-power Bitcoin mining will be available for the entire M2 Pro mining community on November 30. Together, with the mining hardware giant MatchX GmbH, the MXProtocol-powered miner will be the world’s first miner to launch low-power $BTC (Bitcoin) to its multi-token network!
The initial roll-out for DKP I and DKP II was a limited participation event, however the key difference to DKP III is that it will be available to the entire M2 Pro network. The MXC Foundation has continued developing the mining model to allow all M2 Pro miners to participate in this round. We are thrilled to welcome everyone to participate in this $BTC mining testnet!
Another exciting development, the $BTC mining network will be available for not just “a” Data Dash account, but, for each and every miner operating on the MXC #DataRepublic network, this is a big advancement for our community.
Together, we’re building a data republic, the decentralized Web 3.0 data network of tomorrow and there’s never been a better time to get involved than now!
What is the Proof of Participation “PoP” Mining Model?
PoP, or Proof of Participation, is a mining model based on the principles of network participation, as the name already implies, and it is the basis of the M2 Pro miner, and thus the DKP III. You can read an in-depth explanation of how all the details of PoP mining work here.
The MXC Foundation believes that the PoP model leads to even higher degrees of decentralization, allowing miners to choose their individual mining participation level and thus their overall network mining power.
This model allows for an innovative co-existence of low-power $BTC mining, using around 1/10th less energy than a standard household light bulb, we’ve made it so easy and convenient that literally anyone can get involved, in less than five minutes!
Who can participate in DKP III?
Anyone with an M2 Pro Miner can access the low-power $BTC mining testnet. To ensure as many miners as possible can participate, some participative prerequisites are involved. The testnet was designed to make $BTC mining as decentralized and equitable as possible, allowing for truly expansive network growth, powering the new global data republic. The prerequisites are simple:
- Own at least one M2 Pro Miner
- Have a minimum of 90% miner health
- Lock 6,000 MXC tokens for 90 days
The team worked on a simplified qualification process to ensure as many could take part as possible. If you haven’t ordered your M2 Pro Miner, now is the time to do so, if you wish to take part in this truly, world first event.
Originally, the idea was to include a limit of 95% Miner health, but after further analysis the team decided this would exclude a large portion of the mining community for this testnet, hence the decision was made to make the requirements simpler, and a minimum of 90% health was chosen.
The DKP III testnet will run for a total of 90 consecutive days, meaning the lock will also be a fixed 90-day lock. Remember this is a lock. This means that the locked MXC remains your MXC in its entirety, it is your $MXC and will remain your MXC. As soon as the lock is complete, your MXC is returned to you. In regards to the lock, if you join for example ten (10) days after the DKP III, $BTC mining testnet begins, your lock will still last a full 90 days, meaning for ten days after mining stops. You have the flexibility to join $BTC mining at any time you wish. However, we encourage you to join the project in time to enjoy the full benefits. Simply fulfil the prerequisites, and you are good to go. It really is that simple to join the Bitcoin network with the M2 Pro!
What happens next?
If you want to join other M2 Pro miners on the M2 Pro Bitcoin network, you must fulfil the above requirements. Once you have followed the steps, as outlined in the DataDash App Bitcoin Mining section, you are already enrolled in the DKP III testnet, and you are ready to go!
It’s never been so easy!
The M2 Pro Miner is all about participation, so of course, for those who do not wish to take part in the Bitcoin Mining network, you simply do not need to participate in the Bitcoin network addition within the Data Dash app. Your mining and network contribution will continue as you are accustomed to. This is decentralized mining, and it’s all about your network choices.
We look forward to welcoming our entire mining community to participate in DKP III, thank you for your continued unwavering support in helping build and maintain the world’s largest decentralized global data republic! We are always available to answer any questions you may have in the run-up to the test net, and we can’t wait to hear your feedback!
The M2 Pro delivers the world’s first low-power BTC Mining testnet, this is the future, with MXC you can!
About MXC
Based in Berlin, Germany, the MXC Foundation is a purpose-built IoT foundation with the mission to inspire fast, efficient, decentralized data exchanges using LPWAN, blockchain, and token technology. The MXC Foundation is pairing $MXC — the pioneer IoT cryptocurrency — with advanced LPWAN technology, developing the next, vital step in the fourth industrial revolution, enabling secure, vastly scalable, and lightning-fast transactions. Learn more at mxc.org.
For further information, media requests or comment, MXC can be contacted directly at hello@mxc.org or via mxc.org.
