Why Should you Pay Attention to the New Decentralized Hashrate Mining Token — the Upscaled BTC Hedge
DHM is a hashrate-pegged token that functions as a mini crypto miner with exchange-level liquidity. Its deflation mechanism counters BTC pull-back better than the hedged crypto mining.
Each DHM is pegging to 0.1 TH/S hashrate. Users stake one DHM to obtain the BTC mined by that hashrate.
Here is why you want to pay attention to the new decentralized hashrate mining token —compared to the actual mining, it is the Upscaled BTC Hedge, with instant opportunity to exit.
Both mining revenue is highly correlated with BTC. As Bitcoin fell 15%, tumbling from $41,051 to $34,859 — the sharpest pull-back since last October:
Mining revenue dropped 22%.
The DHM Deflation Model:
DHM buy-back and burns 10% of its total supply, the total mining profit generated by DHM hashrate fell 19.15%.
Essentially, this new token, Decentralized Hashrate Mining, serves as a BTC mining hedging solution. DHM is the upscaled BTC hedge.
Through the buy-back burning mechanism, every token’s production capacity increases 0.004 BTC.
Under such a model, the stakers will get the benefit of money destroying, as the number of stakers, or DHM shareholders, reduces.
Here is a quick look of the token creation process: