What is the use of Power Nest Trading (Power Peak Baidu Encyclopedia)

What is the use of Power Nest Trading?

Power Nest is a blockchain-based decentralized distributed storage network. In this system, users can deposit digital assets into mining wallets, purchase mainstream currencies such as Bitcoin as collateral, and then obtain corresponding rewards through the liquidity of computing power. At the same time, users can also participate in staking and voting mining to earn profits.

Power Nest platform supports various mining modes. For example, the “one-click mining” mechanism, which is the first in the network, allows users to invest up to 2 bitcoins (about 30,000 RMB) per day for mining. Users can also choose to mine using the Power Cat, and each person can receive 1 BTC, with a daily output of 1,000 Power Cats.

Power Peak Baidu Encyclopedia

Introduction to Power Peak Baidu Encyclopedia

The mining pool is a blockchain-based distributed computing network, aiming to solve the problem of information asymmetry between users and devices in the traditional mining industry. According to official information, the world’s first consortium of trust management Power Interconnect has established a research and development team. The current main business of the company includes the development and operation of cloud computing power, the power mall, and the installation and maintenance of cloud servers. In addition, it is also one of the largest Bitcoin mining hardware suppliers in China, such as Antpool and MicroBT.