Finally Here – Revolutionary SpiderDAO Multi-Token

London, UK, 09 Feb. 2022 (GLOBE NEWSWIRE) — After months of development and testing, SpiderDAO is pleased to unveil the SpiderMiner, a revolutionary and environmentally friendly multi-token hardware miner that promises to bring security, efficiency and crypto mining Privacy-focused for individuals and projects, regardless of the underlying network protocol or token characteristics.

About SpiderMiner Hardware Device

The SpiderMiner is more than a revolutionary new material mining device. Developed by the SpiderMiner and SpiderVPN development teams, the SpiderMiner comes with a long list of built-in features and functions, including:

  • Military-grade VPN protection
  • Energy-saving and environmentally friendly operation
  • Privacy and security features for the metaverse, including a decentralized identifier (DID)
  • Voting and community participation features via hardware DAO
  • A simple and user-friendly interface to configure and automate mining functions
  • A high fixed ROI for tokens and large market cap assets
  • 1-click token linking options for 90 days to improve revenue and encourage greater TVL

To ensure environmentally friendly operation, the SpiderMiner team donates $5 to the Tree-Nation project for every miner sold. Tree-Nation has already planted over 12 million trees and offset over 1.5 billion tonnes of CO2 emissions. The SpiderMiner team has also developed a revolutionary new mining algorithm called Proof of Privacy Staking, or POPS, a very power-efficient hybrid mining algorithm.

POPS uses both on-chain and off-chain metrics and elements to validate mining rewards. These metrics and elements are:

  • Miners must initially bind a minimum of $10 of each token for the duration of the mining period.
  • The network constantly checks the validity of each miner based on unique characteristics such as MAC address, chipset serial numbers, crypto wallet address, and user account details.
  • By constantly polling miners, optimal mining availability, reliability and connection status can be ensured across the entire network.
  • Miners must fully participate in building and using SpiderVPN’s world-class service to participate in mining. This guarantees the security and expansion of the platform.
  • Miners are required to achieve and maintain a minimum amount of protected data throughput on the network to continue participating in mining.

As soon as a user sets up their SpiderMiner and launches the POPS algorithm – which involves a simple plug-and-play process – the user can start earning passive income knowing that their mining operations are private and fully protected.

Manage volatility and uncertainty

SpiderMiner also takes the uncertainty out of earnings by offering miners a fixed return on investment based on the number of tokens that can be mined. SpiderMiner also increases this revenue by including a 90-day 1-click token binding option that can be leveraged as long as the miner is active.

These features can lead to a return on investment of up to 160%. Additionally, there are no “halving events” or increased hash or difficulty requirements to consider due to network expansion. SpiderMiner generates safe, secure, reliable and guaranteed income for miners.

Exploitable tokens and development updates

SpiderMiner can be used to mine the platform’s native $SPDR token, as well as four well-established, high-quality tokens from a diverse range of mature projects. All mineable tokens will be announced over the next few days.

To handle the influx of orders for the initial batch of SpiderMiners, they’ve set up a pre-order form here so buyers can secure their SpiderMiner in advance.

Upcoming projects, partners and token announcements will be made in due course. However, SpiderMiner can host any token from any network, regardless of its network protocol or token characteristics, and offers cost-effective, hassle-free mining on a potentially massive range of tokens. So it’s time to join this new fast and secure user revolution. – respectful and sustainable mining.

Sustaining the SpiderMiner

Traditional mining equipment quickly loses efficiency and profitability and becomes obsolete over time. SpiderMiner, on the other hand, comes with built-in future features like remote upgrades and new mining opportunities as they become available. New features that will soon be included with all SpiderMiners include:

  • DAO voting in a secure hardware environment.
  • Monetization of excess bandwidth, with returns deposited into the user’s SpiderMiner wallet.
  • Hardware crypto wallet and decentralized credentials that use 2FA, military-grade cryptography, and MIPS architecture so you can access your hardware wallet from any registered personal device (phone, tablet, computer) with confidence and security.
  • A dedicated and integrated Metaverse protection system to ensure security while participating in or interacting with Metaverse services and applications.

Commenting on the launch of the SpiderMiner, Nathan Varty, CEO of SpiderDAO noted:

“We at SpiderDAO are immensely proud and excited about the launch of the SpiderMiner. This is truly a huge leap forward for our entire organization and an incredible opportunity for every member of our community and our partner communities.” He continued“It’s been a long and difficult road, but I want to pay tribute to our entire development team and especially our friends at SpiderVPN who have been instrumental in the successful development of our Miner.”

Learn more

To learn more about the SpiderMiner project, specific partner services, or to order your miner or browse our FAQs, presentation materials, and metaverse primers, please visit the links below.

Projects can partner with SpiderMiner here

About the Spider Miner

The SpiderMiner is an eco-friendly, high-spec multi-token hardware miner with military-grade VPN protection built right into the firmware. It is designed as a low-power device that produces consistently high returns (in mined tokens) across a wide range of high-quality, diverse tokens. The SpiderMiner deploys a revolutionary hybrid mining algorithm called POPS (Proof of Privacy Staking) that guarantees an easy-to-use user interface along with world-class privacy, security and protection protocols, meaning users can simply and easily mine, earn, profit, protect and relax.​​

Website | Pre-Order Page | User 1 page | Video Showcase | Miner Features Video | Video metaverse | FAQs | Presentation platform

About SpiderDAO

SpiderDAO provides a decentralized router-based VPN service for its users using a dual governance model that brings together hardware and software tools with on-chain elements. The team aims to develop a new set of standards for decentralized autonomous organizations to counter the inequitable distribution of voting power. Combining hardware safeguards and leveraging the Polkadot consensus mechanism, SpiderDAO establishes a whale-proof mechanism while creating a highly scalable, interoperable, and stable governance system.

Learn more or buy the SpiderMiner at:

Telegram | Twitter | Medium | Website

Media Contact:

Robert Pennington

[email protected]

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