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Bitdeer Introduces the Web 3.0-focused HNS as the Platform’s Latest Offering

The Soaring Altcoin Becomes Available Exclusively for Bitdeer Global Community

Bitdeer, the world’s leading digital assets mining and cloud service platform, introduces HNS as the platform’s latest offering, a recently soaring altcoin which just hit its new all-time highs as interoperability and Web 3.0 functionality begin to emerge as the next hot trend in the crypto sector. The inclusion of HNS reflects Bitdeer’s pioneering position in the industry, swiftly responding to market trend, and bringing in first-class digital asset options for its global customers.

“a blockchain protocol aimed to replace centralized trusted internet infrastructure with a decentralized Certificate Authority and globally unique namespace composed of a decentralized blockchain and cryptographic proofs backed by crypto-economic mechanisms”

HNS is the utility token of Handshake, an open-source project and “a blockchain protocol aimed to replace centralized trusted internet infrastructure with a decentralized Certificate Authority and globally unique namespace composed of a decentralized blockchain and cryptographic proofs backed by crypto-economic mechanisms” according to its whitepaper. Simply put, Handshake is an ambitious plan to reinvent how websites get their names, as the existing domain name system (DNS) is vulnerable to censorship and hacking. It is essentially a piece of software and a loose consensus on agreement of the software.

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The Silicon Valley born project has attracted top-notch venture capitals during its debut, and most recently gained enormous traction when users start buying up Handshake domains as it is one of the few DNS providers that supports Web 3.0. Despite its wide popularity, only 33.3% of HNS is available for mining (based on PoW) as the rest portion of HNS tokens are allocated to the legacy internet infrastructure and the open-source development community. Due to the fact that HNS is only available for trading in secondary markets from a handful of cryptocurrency exchanges, the accessibility and advantages provided to global miners through Bitdeer’s offering become the optimal choice for many.

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Comparing to the complex procedures and efforts required to mine HNS which include the selection and management of wallet, mining pool, software and hardware and so on, Bitdeer’s HNS service package empowers great convenience and cost-effectiveness – users can select the most suitable package from a multiple range of offerings at Bitdeer platform and purchase at only a few clicks with ease. This is made possible through the Goldshell HS5, a professional ASIC mining model that outperforms the market average by a significant margin. The Goldshell HS5 supports dual-mining on HNS and SC (Siacoin) at the same time, and boasts an upgraded overall performance compared to its predecessor, including the 35% increase in hashing power, while power consumption ratio is reduced by 2%. The more stable operation also minimizes the fluctuation in hashing power.

Bitdeer is able to realize this offering way ahead of the curve thanks to the company’s seasoned experience and discerning judgment over critical trends happening in the blockchain and crypto industry. Being an advocate of truly decentralized crypto projects and community, the availability of HNS on Bitdeer brings in an brand new sphere of the platform’s diverse offering.

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Secure and Reputable Platform with Professional Services

Bitdeer serves users from over 200 countries around the world with monthly traffic of over 3 million users. The platform’s high uptime and smooth operation is guaranteed by Bitdeer Group’s Mining Datacenter, leveraging its unrivalled aggregate mining capacity to provide reliable and trustworthy digital asset mining services to users. Transparency is key and users can track their returns and profits easily on the platform which is supported by its professional back-end management and financial systems. Bitdeer not only ensures stable and consistent operation, but also strives to provide top-notch services to its customers worldwide, twenty four hours a day.

Bitdeer is part of the Bitdeer Group founded and chaired by Jihan Wu, also the co-founder of Bitmain and Matrixport. It aggregates the world’s top mining pools from across the world, such as BTC.com, Antpool, F2Pool, Foundry USA, ViaBTC, and BTC.top, and aims at providing users with more flexible mining options with proven track record. The inclusion of the HNS Full Effective Plan embodies the platform’s latest efforts to bring in first-class digital assets mining options to its global users, solidifying the bond and engagement between Bitdeer and the global community.

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[To share your insights with us, please write to sghosh@martechseries.com]

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