Elastos has teamed up with Bitmain, who owns the Antpool, Hashnest, and is the world’s largest Bitcoin mining company, thus making Elastos one of the top coins.
Furthermore, the Auxpow consensus allows ELA to be mined on top of the BTC blockchain, which will also provide much needed efficiencies and resources for Elastos.
Elastos is actually the browser, or OS, for the new internet, which is set to pilot in Thailand under the Cyber Republic Initiative.
Elastos business model is also complemented by a stake in the Chinese TV Box market, where it offers Node service for IOT devices, and sold over 100,000 in the last 3 weeks of August.
That’s the news for today. Stay tuned for more news coming soon.
Posted in: Bitcoin News