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Perpetuum Hash Rent
With PHR (Perpetuum Hash Rent) you can buy mining power of an ASIC in as many fractions as you want by buying NFTs. Every certain time, PHR will place at disposal an ASIC model with different specifications. You will be able to buy a percentage of the mining power of that ASIC in the shape of tickets.
When you buy the NFT or ticket you are contributing money along with other investors to buy an ASIC. The money produced by that ASIC will be distributed in $PRP among the people who have NFTs.
The ticket will be converted to a NFT once the purchased ASIC has started mining.
The NFT contract will expire when BOTH conditions have been met: • It's been 2 years since the ASIC started mining. • You have obtained 200% profitability in dollars.
Every NFT is unique and has a number and will store the information of its assigned mining machine.
PHR is part of the Perpetuum Ecosystem. This innovative tokenized mining ecosystem guarantees an unlimited growth of the PRP token. Given that all the mining power falls on the PRP token, it becomes more profitable in the long term than any other minable cryptocurrency, being able to have the best returns from the crypto market. By giving the returns on PRP tokens, you have the freedom to choose if you want to sell or hold the PRP tokens, thus adding profitability to your investment.
The ASICs will increase the PRP volume, helping Perpetuum to buy more ASICs to burn more tokens. Perpetuum can also buy NFTs, so no need to wait for the project wallet to accumulate thousands of dollars to buy an entire ASIC. This means that Perpetuum's mining hash, burns and volume will constantly increase.