Business Model
Last updated
Last updated
GamerHash is based on a business model that provides the users with an optimised tool for sharing computing power. Because of that fact - that it’s a sharing system - the electricity consumption in this case is comparable to the consumption generated when playing computer games (unlike mining by one’s self, using computing power generated by only one machine). It’s all possible thanks to our application that allows the computers connected to it to become these sort of individual nodes of a distributed network - the so-called “miners”. That way, all devices share only a part of their power and the whole process of cryptocurrency mining is taken care of by the platform, without having to engage the user. The application relieves the users from the task of selecting the most optimal cryptocurrencies and in the future it will also provide the option to outsource computing power for other purposes, such as rendering or deep learning.
Mining commission fee:
Users receive between 93% and 100% of the funds earned depending on their rank;
GamerHash’s fee is between 2% and 7% for desktop owners;
The proportion changes in favour of our users - the more they earn, the more stays in their wallets.
New users earn 100% of all funds generated by their devices during the first 30 days. Then, when the month ends, the commission depends on how active they are - the longer they keep the application running, the bigger the amounts of their earnings are, the lower our commission gets (2% - 7%). Additionally, ASIC owners enjoy fee-free mining while the mining rigs fee is only 2% for them.
As it is easily noticeable, the focal point of this model are the users themselves and the main objective is to encourage them to share computing power for all the mutual benefits that our application offers.
Yes, mutual - because of course, we’re also getting something out of it.
We’re always trying to negotiate the lowest possible prices with our suppliers
Namely: earnings from our e-commerce platform, an integral element of our ecosystem, that allows us to benefit on product margins. As any platform of this type, we research the market and try to find cheaper suppliers or negotiate better prices with the existing ones. We evaluate the prices on products on the basis of units sold to ensure they are attractive from the point of view of the users. Product margins differ and are dependent on the prices negotiated with suppliers. Signing individual contracts with suppliers of premium services is key to our platform’s success. In this way, we can negotiate unique offers for our users, which are not available anywhere else, making our store even more appealing to them.
Play&Earn tasks delivered by different providers are completed for a user based on a lead confirmed by the provider and user receives a share - varies, depends on a campaign - of the lead's value.
How does it work?
Users earn additional funds by completing tasks;
The reward for each task varies up to a few dollars in different tokens for completing a single task;
The fee depends on the agreement with the partner and a user
A user receives a share of the lead value
