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Blockware, a team of Bitcoin (BTC) mining professionals, has shared the details of its pioneering Ordinals NFT release. The drop that is already making waves on blue-chip marketplace Magic Eden is set to power the team’s Bitcoin mining endeavor.
Hashrate Hackers Ordinals NFTs are live on Magic Eden: What to know
Released by Blockware, a U.S. mining pioneer, Hashrate Hackers NFT collection, is set to reimagine the potential synergy between cryptocurrency mining and digital art in Web3.
Hashrate Hackers introduces a groundbreaking approach by integrating Bitcoin mining with the Ordinals community, allowing collectors to become contributors through “Hacks” and compete for Bitcoin rewards.
Namely, an NFT enthusiast can grab one of the unique Hashrate Hackers NFTs on Magic Eden to reserve the right to benefit from Bitcoin (BTC) hashrate operated by Blockware.
Mason Jappa, CEO of Blockware and Hashrate Hackers, explained the motivation behind such an eccentric release, with massive ambitions in both mining and Bitcoin (BTC) community reach strategy:
Many Ordinals projects have a disconnect between founders and collectors after launch. The monthly 'hacks' and distribution of Bitcoin Mining rewards keeps the entire ecosystem engaged in perpetuity. The inspiration for this project was to combine Blockware's mining expertise and Novel Lab's ordinals expertise in order to bridge the two communities.
Blockware contributors added that the release is set to strike a balance between the exclusivity of Bitcoin (BTC) hash mining and the democratic, playful nature of Ordinals NFTs.
Ordinals tend to thrive on the loyalty, engagement and sentiment of their community, but, just like many NFT projects, they often lack real world products or innovation necessary for wealth creation.
Mining, on the other hand, is the backbone of the most important vehicle for wealth creation in the 21st century: the Bitcoin network. However, the capital intensive nature of mining can make it daunting for new participants. Hashrate Hackers is the best of both worlds as it combines the community of Ordinals with the wealth creation of Bitcoin mining into a scalable vehicle for the holders to gain exposure to both ecosystems.
Unique Bitcoin-based tokens backed by real hashrate
The collection is released by one of the most powerful players in the Bitcoin (BTC) mining segment in the United States. Since Blockware's founding in 2017, its mission has been to expand the scope of Bitcoin mining in North America. The platform has accomplished a number of massive milestones in this journey.
As such, it is safe to say that Hashrate Hackers’ unique pixel-based art is inspired by Bitcoin’s early adopters and Blockware’s expertise in deploying over 500 MW and mining 15,000 BTC in various mining facilities across the United States.
Hashrate Hackers is the continuation of this mission; it further decentralizes the Bitcoin network, allowing more people to get into Bitcoin mining.
Right now, early adopters of Hashrate Hackers can join the raffle and compete for a prize pool of 0.4 Bitcoins (BTC) that exceeds $42,000 as of current prices for the orange coin.
With that combination, Hashrate Hackers will be exploring the synergies between gaming, Bitcoin mining and emergent Bitcoin-based art of Ordinals NFTs. The conglomerate of such activities will be onboarding various groups of crypto fans and newcomers.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team