SH!TCOIN CLUB GOVERNANCEby
0x7881…2d4D
To Mine or not to Mine. That is the question.
Voting ended 8 months agoSucceeded
Proposal: Invest DAO Treasury in Hosted Kaspa Miners
Summary: This proposal suggests using a portion of the DAO’s treasury to invest in Kaspa mining through hosted miners. Kaspa, known as “digital silver,” is currently one of the most profitable coins to mine. By opting for hosted mining, we eliminate the need for managing hardware and can secure stable income with minimal overhead.
Key Points:
• Kaspa Profitability: Kaspa offers one of the most profitable mining opportunities in the current market.
• Hosting Benefits: Hosted mining reduces the complexity and risks of physical ownership and maintenance.
• Low Operational Costs: Hosting ensures competitive electricity rates and reliable operations, with no customs or duties.
Considerations:
1. Cryptocurrency Volatility: While Kaspa is profitable, crypto markets can fluctuate.
2. Reliability of Hosting: While hosting minimizes management, it also introduces some dependency on third-party providers.
Voting Options:
• Yes: Approve the investment in hosted Kaspa miners.
• No: Do not approve the investment.
Link for more details on the hosting service and profitability:https://www.iceriver.io/product/iceriver-kas-ks5l-hosting/
Off-Chain Vote
Agree to invest in Miners587 SCC87.2%
Don't agree to invest in Miners69 SCC10.3%
Abstain17 SCC2.5%
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- Author
0x7881…2d4D
- IPFS#bafkreih
- Voting Systemsingle-choice
- Start DateSep 07, 2024
- End DateSep 14, 2024
- Total Votes Cast673 SCC
- Total Voters254
Timeline
- Sep 07, 2024Proposal created
- Sep 07, 2024Proposal vote started
- Sep 14, 2024Proposal vote ended
- Sep 14, 2024Proposal updated