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The Daily Hodl 2024-12-03 17:37:16

Streamr and JDI Announce Strategic Partnership With Terminal Multi-Miner for Home Mining

December 3, 2024 – Zug, Switzerland Streamr , the decentralized real-time data network, and JDI , a manufacturing leader and venture capital in DePIN (decentralized physical infrastructure networks), are teaming up to transform home-based mining through the launch of the Terminal Multi-Miner . This new mining device combines multi-token mining capabilities with decentralized protocol participation, providing a new way for users to engage with DePIN and the decentralized economy from the comfort of their homes. Terminal Multi-Miner – A new gateway to home-based mining The Terminal Multi-Miner from JDI supports multiple cryptocurrencies, including DATA, ANYONE and other projects that are added through future updates. Its modular ‘mining lego’ framework allows users to customize their setups for efficiency and flexibility, creating a straightforward way to engage with DePIN. Terminal T2 – a powerful multi-miner designed for seamless multi-token mining, supporting DATA and other tokens. The Terminal T2 model, scheduled for launch in Q1 2025, will enable seamless multi-token mining, featuring integration with projects such as the Streamr Network. With Terminal T2, users can receive DATA while contributing to the Streamr protocol, simplifying participation in the ecosystem. New accessibility in DePIN The Terminal Multi-Miner is designed with everyday users in mind to make advanced crypto-mining technology more accessible. Its plug-and-play functionality is designed to lower technical barriers and allow more individuals to participate in DePIN and crypto mining. Yiming Wang, founder of JDI, said, “We have been fans of Streamr tech for some time, especially their severless capability – and we are excited to explore how we will leverage this against multiple data propagation use cases across the Terminal Multi-Miner Network. “Together, Terminal and Streamr will deliver a unique, user-centric mining experience for Web 3.0” Engaging with the Streamr Network and mining DATA The DATA token of the Streamr Network plays a key role in the Terminal Multi-Miner. As one of the mining options available, DATA allows users to actively participate in the Streamr Network by becoming nodes that support its peer-to-peer data broadcasting infrastructure. Matthew Fontana, CEO of Streamr, said, “Our collaboration with JDI and Terminal represents an important step forward for DePIN and decentralized data networks. “By providing a simple, accessible way to participate in Streamr and other Web 3.0 protocols, we’re helping to make DePIN more decentralized and scalable – critical for ensuring its long-term success.” A partnership built on expertise JDI, with a strong track record in hardware manufacturing for decentralized networks, has supported communities like DIMO and Helium, deploying over 500,000 devices. Streamr, a ‘DePIN original,’ founded in 2017, complements this expertise with its scalable P2P (peer-to-peer) infrastructure and tools, which has been trusted by more than 20 DePIN projects, including Flux, Arkreen and Minima. The Terminal Multi-Miner is just the beginning of what Streamr and JDI aim to achieve together in making DePIN a mainstream reality. About Streamr Streamr is building the real-time data protocol for the decentralized web. Its scalable, low-latency and secure P2P network enables data broadcasting and monetization at scale. By powering applications for DePIN projects and beyond, Streamr aims to decentralize data pipelines and create new opportunities for data-driven innovation. To learn more, users can visit the website . About JDI Global Group Limited Founded in 2016, JDI is a manufacturing and venture capital leader specializing in DePINs. With investments in projects like Grass, Ator and Geodnet, and hardware for networks like DIMO and Helium, JDI is shaping the future of Web 3.0 and decentralized wireless networks. To learn more, users can visit the website . Contact Mark Little , chief commercial officer at Streamr Andre Zhang , vice president of partnership at JDI This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Streamr and JDI Announce Strategic Partnership With Terminal Multi-Miner for Home Mining appeared first on The Daily Hodl .

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