Constellation Network launches pre-order for retail traffic crypto mining hardware product
Constellation Network, a Web3 blockchain ecosystem that bridges crypto economies with traditional businesses, announced the pre-sale of its first hardware product, the Dôr Traffic Miner. This device demonstrates that any...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Constellation Network, a Web3 blockchain ecosystem that bridges crypto economies with traditional businesses, announced the pre-sale of its first hardware product, the Dôr Traffic Miner. This device demonstrates that anybody can earn crypto easily through offline activities. Owners simply apply the Dôr Traffic Miner to any doorway to calculate foot traffic. They’ll earn crypto rewards while it does so. That’s it.
Ben Jorgensen, Co-Founder & CEO at Constellation Network explained that it’s exactly this kind of simplicity that sets the Dôr Traffic Miner apart:
“Traditional mining is energy-intensive and complicated, requiring costly hardware investments and advanced technical know-how. Constellation wants to make mining something anyone can do. Our Traffic Miner will make learning crypto easy, fun, and affordable for anyone curious about token economics. Just peel-and-stick it wherever you want, it’s that easy to get started.”
Before users have the device in hand, they reserve one through an NFT purchase from an exclusive batch set to release later in the month. When they connect their NFT to the Constellation Mining Platform, they can still start earning crypto rewards right away. Each NFT represents a ticket to exchange for the Dôr Traffic Miner when it becomes available later in 2022.
Dor + ConstellationRetail analytics startup Dôr, acquired by Constellation in October 2021, developed the battery-operated Traffic Miner hardware and software technology to include proprietary thermal-sensing hardware and machine learning algorithms. It anonymously counts foot traffic without detecting or recording any personally identifying information while mining and rewarding Constellation’s token ($DAG) and distributing it to the hardware owners.
As Michael Brand, Co-Founder of Dôr & Chief Product Officer at Constellation Network describes, it’s exciting to see others benefit from Dôr’s successful deployment of over 3,000-foot traffic sensors:
“Individuals and third-party operators can purchase our Traffic Miners, install them, and share in the economic rewards generated by the data they collect.”
To get notified when the NFTs become available for purchase so you can join the Dôr Traffic Miner pre-order list, provide your email here.
The post Constellation Network launches pre-order for retail traffic crypto mining hardware product appeared first on CryptoNinjas.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
Third Point’s Core Scientific Stake Puts Bitcoin Miner-To-AI Trade In Focus
Dan Loeb’s Third Point has disclosed an equity position in Core Scientific, adding another institutional name to the growing trade...
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IR...
A 36-day staking bottleneck is costing Ethereum depositors over $350,000 in lost rewards daily
More than 2 million ETH is waiting to enter Ethereum staking as the amount already staked reaches a record high. Ethereum’s valida...
Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
BitGo's NYDIG deal transfers its institutional trading business to the digital-asset custody and trading infrastructure provider,...
Popular Bitcoin wallets risk losing support for new hardware devices as critical security bridge stops accepting new devices
Bitcoin HWI, a widely used interface for connecting wallet software to hardware signing devices, is moving toward retirement, whil...