Choise.com – a global MetaFi ecosystem that boasts multiple solutions for its users in a single marketplace offering more opportunities to earn on crypto holdings, is working on a key partnership with Merkle Standard – a company committed to building North America’s largest sustainable digital asset mining platform with a distinct focus on developing vertically-integrated self-mining.
As part of the partnership, Choise.com is aiming to allocate up to $550 m of the treasury funds by the end of 2024 in hash rate purchase from the largest American premier miner with the new park of machines, low electricity prices and favorable regulatory environment.
“We give people a choice to earn more and there is definitely reliability in what we do, in who we do it with, and in how we do it. We stand for the future, and partnership with Merkle Standard is one more step towards it“, said Sergey Khusnetdinov, North American operations CEO at Choise.com.
“We are happy to work on a partnership that provides more inclusion into the nascent financial system for a wider international audience that Choise.com represents”, said Ruslan Zinurov, CEO of Merkle Standard.
Choise.com gives everyone the “choice to earn more” and offers users both profitable and innovative opportunities to earn income from CeFi and DeFi products alike. Farming, access to CEXs and DEXs, liquidity pools, and many other features are all available under one roof eliminating the need to switch between multiple blockchains or applications.
While mining Bitcoin, miners have to solve complex mathematical puzzles to add them to the blockchain, and when they do, a hash is generated. Thus, hash rate refers to the number of miners working to verify transactions and the speed at which they can generate hashes in a proof-of-work network.
Hash rate trading is the next asset class that not many people are looking at in the current market, but it is gaining momentum.
An innovative way of buying mining resources, hash rates will allow Choise.com to maintain liquidity and profitability at a desired level.