Gath3r And Hashr8 Partnership
Posted by admin on December 19, 2019
We are proud to announce the latest in a series of exciting business partnerships and introduce our latest partner: HASHR8 Software. HASHR8 Software is run by a team of long-time miners who are well respected in the mining space. They recently launched their flagship product, HASHR8 OS – a robust, Linux-based system to better serve miners everywhere.
The partnership is based on a supply and demand sharing contract. Gath3r will offer HPC (High Performance Computing) spot contracts to HASHR8 OS’s GPU and ASIC clients. This allows Gath3r to mitigate against a demand spike and allows HASHR8 OS users to hedge by monetizing their hardware for HPC when PoW mining is less profitable. In the future HASHR8 OS may provide their users the option to provide PoW support directly to the Gath3r ecosystem, depending on profitability and other factors.
Whit Gibbs, HASHR8’s President & COO had the following to say:
“We are always on the lookout to provide ways for HASHR8 OS users to maximize their profitability. Reggie and the Gath3r team have created a nice hedge against down turns in mining profits. We are excited to work with them! ”
Gath3r’s CEO, Reggie Jerath, said the following:
“I’ve been speaking to Broski, on and off for a year almost, and it’s been great dealing with him. The guys and team behind Hashr8 are A+ and we see a lot of our core values being aligned, such as how important privacy is. I look forward to working and closely collaborating with the Hashr8 team. ”
Gath3r looks to democratise the compute power industry by harnessing the power of spare processing capacity of publishers for the benefit of businesses, blockchains, developers and webmasters. Through the use of spare processing power generated by publishers, Gath3r is able to help secure and launch blockchains by use of merged mining, while at the same time, businesses and enterprises can use Gath3r for their processing needs as a cheaper alternative as compared to today’s centralized solutions, all while providing an alternate form of monetization for publishers. The Gath3r blockchain is powered by the GTH cryptographic currency which facilitates payments and transactions within the hybrid ecosystem.
HASHR8 Software provides excellent products and unparalleled customer service. Their years of experience in Bitcoin and crypto mining has gained them a clear understanding of what miners want as they move forward with the mission of creating products to allow for Mining As it Should Be.