After months of development and testing, SpiderDAO has unveiled SpiderMiner, a revolutionary and eco-friendly multi-token hardware miner that promises safe, efficient and privacy-focused crypto mining for private individuals and projects — irrespective of the underlying network protocol or token characteristics.

Developed by the SpiderMiner and SpiderVPN teams, the SpiderMiner comes with a long list of built-in features, including military-grade virtual private network (VPN) protection, low-power and eco-friendly operation, privacy and security features for the metaverse that include decentralized identification (DID), voting and community participation features via a hardware decentralized autonomous organization (DAO), a simple and user-friendly interface for setting up and automating mining functions, a high fixed return on investment (ROI) for high-market cap tokens and assets, and one-click 90-day token-bonding options to enhance earnings and encourage greater total value locked.

To ensure eco-friendly operation, the SpiderMiner team donates $5 to the Tree-Nation project for every miner sold. Tree-Nation has already planted more than 12 million trees and has offset over 1.5 million tons of carbon-dioxide emissions. The SpiderMiner team has also developed a groundbreaking new mining algorithm called proof-of-privacy staking (POPS): a hybrid-mining and highly energy-efficient algorithm.

POPS uses on-chain and off-chain metrics and elements to validate mining rewards. These metrics and elements are:

  • Miners must initially bond a minimum of $10-worth of each token for the mining period’s duration.
  • The network constantly verifies each miner’s validity based on unique characteristics such as its media access control address, chipset serial numbers, crypto wallet address and the user’s account details.
  • Optimal mining uptime, reliability and connection status can be guaranteed on the network by constantly pinging miners. 
  • Miners must participate in building and using SpiderVPN’s world-class service to mine, ensuring the platform’s security and expansion.
  • Miners are required to achieve and maintain a minimum quantity of protected data throughput on the network to continue mining.

As soon as a user sets up their SpiderMiner and initiates the POPS algorithm — which involves a simple plug-and-play process — the user can begin generating a passive income with mining operations that are private and fully protected.

Managing volatility and uncertainty

SpiderMiner also makes earnings more certain by giving miners a fixed ROI based on the number of tokens mined. SpiderMiner also boosts those earnings by including a one-click 90-day token-bonding option that can be leveraged as long as the miner is in operation.

These features can lead to an ROI of up to 160%. There are no halving events, increased hashing or difficulty requirements to consider due to network expansion. SpiderMiner generates safe, secure, reliable and guaranteed income for miners.

Minable tokens and development updates

SpiderMiner can be used to mine the platform’s native token, SPDR, and four well-established, high-quality tokens from a diverse range of mature projects. All minable tokens will be announced later.

To manage the influx of orders for the initial batch of SpiderMiners, buyers can complete a pre-order form here.

Upcoming projects, partners and token announcements will follow. SpiderMiner can accommodate any token from any network regardless of its network protocol or token characteristics and delivers hassle-free, profitable mining in a potentially massive range of tokens. Join this new revolution of fast, secure, user-friendly and sustainable mining.

Future-proofing SpiderMiner

Traditional mining equipment quickly loses efficacy and profitability, becoming obsolete over time. SpiderMiner, however, includes built-in future-proofing features such as remote upgrades and new mining opportunities as they become available. New features soon to be included with all SpiderMiners include:

  • DAO voting in a secure hardware environment.
  • Monetizing excess bandwidth, with returns being deposited into the user’s SpiderMiner wallet.
  • A hardware crypto wallet and DID that uses two-factor authentication, military-grade cryptography and millions-of-instructions-per-second architecture so that a hardware wallet can be accessed from any registered personal device with complete confidence and security. 
  • A dedicated and built-in metaverse protection system to guarantee security while participating in or interacting with metaverse services and applications.

About SpiderMiner

SpiderMiner is a high specification, eco-friendly multi-token hardware miner with military-grade VPN protection built into the firmware. It’s designed as a low-power device that produces consistently high returns in a wide range of high-quality diversified tokens. SpiderMiner deploys a revolutionary hybrid-mining algorithm called POPS that ensures an easy-to-operate user interface alongside world-class privacy, security and protection protocols that means users can simply mine, earn, profit, protect and relax.​​