We’re ecstatic to inform you that we’ve added a new cryptocurrency to our mining pool—Clore Coin ($CLORE). With its unique Proof of Holding benefits, L1 level blockchain, and versatile GPU & CPU marketplace, Clore Coin is a game-changer.
Why we like Clore.
It’s not very often that you see a coin come out that’s got some kind of utility to it. Clore is different in this aspect in many ways. Not only can you rent GPU’s from their marketplace, but you can also lease your GPUs. Add to it that it’s ASIC resistant algorithm, and you earn CLORE just by holding it … me like 🙂
Other reasons why…
Robust Algorithm & L1 Blockchain
Clore runs on a modified ProgPow algorithm, ensuring resistance against ASIC and FPGA. Operating on an L1 level blockchain, Clore offers high-performance and top-notch security.
Leasing Opportunities with Your GPU
Lease your GPUs: You can extend your revenue streams by leasing your GPUs for various workloads, including 3D rendering and AI training. For details on leasing your GPU, check out this guide. Hive OS users can follow the Hive OS leasing guide.
Mine when not leasing Your GPUs
You can still mine your own machine when it’s not rented out, thanks to background jobs on Clore.ai. This ensures you maximize your machine’s earning potential.
Run any docker image when your machine is not being rented, more details can be found at https://clore.ai/articles/clore-mining
What really sets Clore apart is its unique Proof of Holding mechanism. By maintaining a balance of Clore coins, you’ll receive additional $CLORE as a bonus when you lease your equipment.
What is Proof of Holding?
Proof of Holding is a special feature that benefits $CLORE blockchain holders in various ways:
- Lower Marketplace Fees: The more $CLORE you hold, the lower your fees on the Clore marketplace.
- Extra Rewards for Hosting Providers: Holding $CLORE impacts the extra rewards you get as a hosting provider.
- Up to 50% Discount: Enjoy up to a 50% discount on commissions for services offered by Clore.
For more details, read the Proof of Holding Whitepaper.
And don’t forget, random airdrops are available for Clore users participating in Proof of Holding—even if you’re not leasing.
Maximum Fair Price
Clore has introduced a transformative feature known as Maximum Fair Price, designed to balance the hosting reward distribution. This new system is two-pronged: 30% of rewards still depend on the rental price, while the remaining 70% is regulated by a Maximum Fair Price set by the Clore team for each hosting provider. To get an in-depth understanding, check out Clore’s full article on Maximum Fair Price.
Another Revenue Stream
Clore Mining provides an additional avenue for income by turning your idle hardware into a revenue-generating asset. This not only creates value for you as a provider but also enriches the Clore ecosystem.
In summary, Clore Mining allows you to tap into the latent potential of your idle GPUs, offering a seamless way to generate additional income while contributing to the ecosystem.
Tokenomics
The tokenomics of Clore ensures a fair distribution of rewards:
- Miners: 50%
- Hosters: 40%
- Team: 10%
How to Start Mining Clore Coin
Visit vipor.net
- Check out the Get Started Wizard: https://vipor.net/mine/clore
- Or see Connection Details: https://vipor.net/connect/clore
MarketPlace
Marketplace
The Clore Marketplace serves as a multifaceted platform where users can lease your GPUs for a range of workloads, such as 3D rendering and AI training. The best part? You can make your rig even more profitable by equipping it with additional RAM and a faster CPU, allowing you to command higher prices.
Prices in SATs for Transparency
In the interest of transparency and real-time tracking, all prices on the Clore Marketplace are displayed in Satoshi (SATs). For those unfamiliar with SATs, it’s the smallest unit of Bitcoin (BTC). If you wish to convert SATs to USD or other currencies, you can easily do so using this Coinbase SATs to USD converter.
Unique Features for Hosts
- Proof of Holding System: Holding Clore coins in your wallet? You could get bonuses and up to 50% discounts on commissions for services offered by Clore.
- Mine While Idle: Your machine will automatically mine profitable coins when not leased, adding another revenue stream.
Easy to Set Up
Want to get started as a host? Detailed instructions for leasing your GPU are available here, and if you’re a Hive OS user, your guide is right here.
Leverage the full potential of your idle GPUs while benefiting from a transparent and fair system. With Clore Marketplace, your earning potential is only limited by your hardware.
Fair Allocation: Transparency at the Heart of Clore’s Ecosystem
Clore Coin ($CLORE) stands as a testament to transparent and equitable cryptocurrency practices. Unlike many other cryptocurrencies, Clore Coin launched without any premine or Initial Coin Offering (ICO). This ensures that everyone has the opportunity to participate in mining from the very first day.
By omitting premines and ICOs, Clore levels the playing field, allowing miners and investors alike to engage with the coin on equal footing. It’s an integral part of our commitment to creating a fair and inclusive ecosystem for all participants.
This fair allocation model strengthens Clore Coin’s reputation as a genuinely decentralized and democratically distributed asset, making it a compelling choice for those who value fairness and transparency in the crypto space.
Fixed Supply and Diminishing Block Rewards
One of the standout features of Clore Coin is its fixed maximum supply of 1.3 billion coins. This cap offers a predictable scarcity factor, making it a valuable asset for long-term holding. Additionally, the block reward for mining Clore Coin is designed to diminish over time. This diminishing block reward mechanism aligns with the principles of sustainable and balanced token distribution, encouraging early participation while maintaining long-term network security.
This unique blend of fixed supply and reducing block rewards makes Clore Coin an attractive asset for both miners and investors, promoting a fair and sustained ecosystem.
Exchanges and Tracking
Keep an eye on Clore Coin at CoinMarketCap, CoinGecko, and LiveCoinWatch.
Future Developments
Keep an eye out on the Clore Roadmap as the team is actively developing new features.
Connect with Clore: Useful Links to Get You Started
For those of you interested in diving deeper into Clore Coin, here are some essential resources and platforms where you can get more information, trade, or interact with the community:
General Information
- Website: Clore.ai
- Roadmap: Clore Roadmap
- Proof of Holding: Whitepaper
- Clore Marketplace Rental Stats: https://opendata.clore.ai/
Leasing GPUs
- HiveOS Install: https://gitlab.com/cloreai-public/hosting/-/blob/main/hiveos-install.md
- Hosting Client Install: https://gitlab.com/cloreai-public/hosting/-/tree/main
- Maximum Fair Price: https://clore.ai/articles/maximum-fair-price
Social Media
- Twitter: Follow Clore on Twitter
- Telegram: Join the Clore Chat
- Discord: Clore Community
- BitcoinTalk: Discussion Thread
Trading and Monitoring
- CoinMarketCap: Clore on CoinMarketCap
- CoinGecko: Clore on CoinGecko
Wallets and Marketplaces
- Wallet: Clore Wallet
- Marketplace: Clore Marketplace
- Mining Pool: https://vipor.net/connect/clore
Tools
- Block Explorer: Clore Block Explorer
Conclusion
With equitable mining through its KawPow algorithm, and extra benefits from its Proof of Holding system, Clore Coin is a compelling addition to our pool. Don’t miss out.
Click Here to Start Mining CLORE at Vipor.NET
Happy mining!
For more information, visit Clore’s official website.
Leave a Reply
You must be logged in to post a comment.