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NODE Haven – Making Advanced Crypto-Mining Equipment Available for Everyone

Tuesday, June 5, 2018
What is Node Haven?

Node Haven was made to correct a problem with cryptocurrency mining. For example, the main problem occurred during the growth of Bitcoin mining difficulty. So far there are only 4 ASCI crypto-ming manufacturers that give out products to help users mine. However, they tend to sell out within hours of release.

node haven icoNode Haven solves this problem by tokenizing the ASIC miner manufacturing and development process. The model is decentralized and acts on the miner’s best interests as opposed to the ship operators. The mining community needs a better mining option, and Node Haven, assisted with miners worldwide, will help decentralize the mining world.



Aspects

Here are the aspects that makeup Node Haven. Each of them is a solution that directly addresses the problem within the blockchain:

  • Replacing Traditional Business Models: Most of today’s business models act against the very nature of decentralized cryptocurrencies. Node Haven helps by making the ASIC mining equipment more accessible and decrease the equipment prices to help users mine with ease.
  • NODE Token: Miners can buy Node Haven’s native currency (NODE) via crypto or cash.
  • PDV: With Node Haven, we can see that the project will help everyone start getting into crypto mining. In addition to its acceleration of development, Node Haven will fund the production and development of ASIC miners through the use of a Product Development Vehicle.

The PDV works when users buy NODE tokens during the token sale. Node Haven will use the funds from their first sale to create a 7 nm ASIC miner. As time progresses, the Bitcoin miners can be reserved via NODE token.

In addition to development acceleration, the PDV model gives manufacturers the incentive to sell their goods at the lower price to the consumer. Thus, users are able to get a have a reliable system that benefits both consumers and producers by making them work together.

Token Metrics
  • Website: View
  • Whitepaper: View
  • Fundraising Goal: $50,000,000 USD
  • Total Supply: 500,000,000
Positives
  • Accessible Mining Rigs: Node Haven promises to give their users a decentralized system where the mining rigs are available for any user that’s planning to obtain cryptocurrency.
  • ROI has Stored on Token: Node Haven’s token has the same ROI as the ASIC manufacturers themselves.
  • Quick Development Time: Node Haven’s mining rig development time will take up to 7-11 months. This is faster than other manufacturers and is more cost effective due to its lower prices.
Negatives
  • MVP Not Available: It would be great to see a Node Haven mining rig fully launched so investors can take this project seriously.
  • Whitepaper: While the whitepaper does fully explain Node Haven, it might be harder for first-time investors to digest due to its complex technical writing.
Problems with ASIC Manufacturer Mediation

Nowadays, ASIC design has been widely used as the protocol for crypto mining. However, there are some problems occurred in the field. First, the flow of infrastructure hardware supporting decentralized cryptocurrency is controlled by centralized ASIC manufacturers. When mining is most profitable, the production becomes very limited. This condition leads them to sell out quickly. As a result, third-party sellers set inflated pricing during the period when miners are most economic.

Second, advanced technology was used while selling off older technology because the use of advanced technology in mining provides ASIC manufacturers with a huge competitive benefit that will now be shared by the holders of NODE token.

The third problem is the increase of threat to decentralization along with the rising prices of BTC and cryptocurrency. Independent miners only have little access to financial hardware because the incentive to mine using the equipment in their own mines nurtures the centralized ASIC manufactures. NODE haven will try to neutralize the threat effectively as it will not use the equipment product to mine. Moreover, NODE token holders will be able to access advanced equipment at a cheaper price than the one set by other ASIC manufactures.


NODE Token Detail

There will be 500 million NODE token supplied. Among the total tokens, 70% of them will be available for the main sale while 10% of them will be allocated for presale. The rest of the tokens are allocated for the team, advisors, and bounty program. The hard cap of the sale is targeted to be 50 million USD.

The presale request invite is open through NODE Haven’s official website. Unfortunately, there is no information about the starting date of the presale and main sale. NODE Haven is very selective to invite the presale participant. If you want to join the presale, you can go to the website and fill in the required information such as name, email address, the amount of investment, and your justification.

Later the funds generated for the sales will be allocated mainly for PDV (Product Development Vehicle), business administration, regulatory expenses, and blockchain & security.


Node Haven Token Distribution

Node Haven token will be released during the contribution period. NODE will sell ERC-20 compatible Ethereum-based NODE token. The aim of the token sale is to provide a discounted participation for the early adopters of the decentralized platform. By purchasing NODE tokens, the early adopters receives a discounted price for using the decentralized platform. T

he ICO has been structured to give the best opportunities to anyone who would like to participate from the very beginning, providing maximum flexibility and control for the participants.


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