January 30th, 2018 at 8:47 am UTC · 2 min read
Skycoin has announced the release of Skyminer with 300 units set to ship worldwide. The energy-efficient miner is a critical piece to deploying Skywire –- a secure, decentralized mesh-internet –- and actualizing a user-controlled internet unaffected by a net neutrality repeal.
The custom-built Skyminer is meticulously designed and configured to deliver maximum power and performance, without huge energy needs. In addition to hardware specialized to act as a VPN, its configurations are as follows:
Skywire provides a blockchain-based, decentralized internet that users can browse securely and privately. When users forward traffic and bandwidth on Skywire via the Skyminer, they earn Skycoin. When users need to access the bandwidth, they pay Skycoin. This setup incentivizes users to power Skywire’s peer-to-peer environment.
To access Skywire, a user runs a node. Like Tor, nodes forwarding traffic only see the previous and next hop. Unlike Tor, the experience is faster, more secure, and users get paid to run their node.For users sick of battling corporate ISPs and corrupt coins, the Skycoin project is the solution.
Designed by original Bitcoin and Ethereum developers, Skycoin is a 360-degree privacy protocol powering the new internet. By enabling users to contribute to network resources, earn benefits, and make decisions, the Skycoin project is an internet revolution for users, by users.
Disclaimer: Skycoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest