Node Haven Mining - “Empowering the Blockchain!”

United States based NODE Haven Mining is currently developing a 7nm ASIC based Bitcoin Miner with Advanced Semiconductor Technologies LTD (AST) http://www.ast.co.il

Engineering and Manufacture of 7nm ASIC Bitcoin Miner along with other planned mining equipment will be funded through an alternative, novel Product Development Vehicle (PDV).

The PDV will initally be funded through the NODE Token Sale and later through sales outside of the PDV. ASIC miners will be reserved using NODE tokens. The purchase price of miners reserved with NODE tokens will be at Cost + 10%. The goal is to defeat the cost advantage that current ASIC manufacturers have over all other independent crypto miners. Please refer to the whitepaper on our website and below for more details.

Attention Bitcoin Maximalist: We are not an Altcoin scammer. We are here to build Bitcoin Miners, period. Selling tokens allows us to forgo the profit-motive that banks and institutions (the mediators) require. We hope you can see your way around that and support what we are trying to accomplish here.

NODE Haven Website:

http://www.nodehaven.com

If you would like to check progress of our development or would like to help in any way, please visit us at our SLACK or Telegram:

NODE Haven SLACK Channel:

https://join.slack.com/t/nodehaven/shared_invite/enQtMjk4MzA0NjI2NzczLTlhODNlZjQwZGQ1Y2EzZGIyZGY1NmI3NjFmZGYyOTRlOWY5NDExMjdmNzhmZDk1ZGZhYzhmZTQ5ODExNjFhZGM

NODE Haven Telegram:

https://t.me/NODEhaven

NODE Haven Core-Team:

Charles Dusek

LinkedIn https://www.linkedin.com/in/charles-dusek/

Email: cgdusek@nodehaven.com

Michael Bazzi

LinkedIn https://www.linkedin.com/in/mibazzi/

Email: mbazzi@nodehaven.com

E. Ross Hackler

LinkedIn https://www.linkedin.com/in/evan-ross-hackler-60a66673/

Advisory Team:

Pranav Mathuria

Senior ASIC Engineer at Google

LinkedIn https://www.linkedin.com/in/pranav-mathuria-81554b7/

Magnus Dufwa

SmartContract & FullStake C# Developer

LinkedIn https://www.linkedin.com/in/magnusdufwa/]https://www.linkedin.com/in/magnusdufwa/]https://www.linkedin.com/in/magnusdufwa/

Bryan Feinburg

CEO of Etheralabs.io

LinkedIn https://www.linkedin.com/in/bryanfeinberg/

Tudor Stomff

Co-Founder of http://bountyhive.io

LinkedIn https://www.linkedin.com/in/tudor-stomff-a74771bb/

sidehack - Gekkoscience

Builder of 2pac BM1384 Stickminer

https://bitcointalk.org/index.php?topic=1764803.0]https://bitcointalk.org/index.php?topic=1764803.0]https://bitcointalk.org/index.php?topic=1764803.0

Status:

+Technical Partnerships Established

+Whitepaper Finalized

+Website Created

+Advisers Recruited

+Token Coding Complete

+Website revamp complete

-Marketing materials

-Preparation for Public Sale

Token Sale Dates:

PreSale - April 1st (Coinciding with kick-off of marketing/bounties/airdrops)

Main Sale - May 15th (Being finalized)

1st Medium Article

Title: The Token Sale: A Consumer Co-Operative

https://medium.com/@charlesdusek/the-token-sale-a-consumer-co-operative-9688bbae1f39

2nd Medium Article

Title: The Roman Emperor Problem: ASIC Manufacturer Mediation

https://medium.com/@charlesdusek/the-roman-emperor-problem-asic-manufacturer-mediation-ad2243dfeb3f

Problem that NODE Haven is addressing:

The engineering cost to develop single-purpose mining ASICs has led to the formation of niche manufacturers that have also began their own crypto-mining operations. Mining is especially advantageous for these Bitcoin ASIC manufacturers because they obtain equipment at production cost. This advantage has allowed certain ASIC manufacturers to influence a large of percentage of total hash-rate and control the distribution of mining equipment. Ironically, by deciding how many miners are sold to the market and who they are sold to, these ASIC manufacturers are operating as third-party intermediaries. Needless to say, Satoshi could not have foreseen this development when Bitcoin was created.

NODE Haven poses that profit-motive drives the aforementioned centralization of power and any PoW cryptocurrency that is reliant on the hardware that these ASIC manufacturers produce will suffer. The manufacturers’ financial backing, governance structure and profit-seeking motives drive them to drain value from the associated crypto-currencies that they claim to serve.

In essence, the crypto-currency community is paying a debt to the ASIC manufacturers that invested into the development of the equipment they sell. The service of this debt is paid in profit-margin and control of how the ASIC equipment is distributed. In order to circumvent the control that these ASIC manufacturers have, NODE Haven proposes a co-operative business model where crypto-currency mine operators collectively invest in the development of the advanced mining equipment that they need. This model combats the control that centralized ASIC manufacturers exploit and facilitates the decentralization of PoW cryptocurrencies as intended.