Streamr and JDI Announce Strategic Partnership with Terminal Multi-Miner for Home Mining

[PRESS RELEASE – Zug, Switzerland, December 3rd, 2024]

Streamr, the decentralized real-time information community, and JDI, a producing chief and enterprise capital in decentralized bodily infrastructure networks (DePIN), are teaming as much as rework home-based mining by way of the launch of the Terminal Multi-Miner. This new mining machine combines multi-token mining capabilities with decentralized protocol participation, offering a brand new manner for customers to have interaction with DePIN and the decentralized financial system from the consolation of their properties.

Terminal Multi-Miner: a brand new gateway to home-based mining

The Terminal Multi-Miner from JDI helps a number of cryptocurrencies, together with $DATA, $ANYONE, and different tasks which can be added by way of future updates. Its modular “mining lego” framework permits customers to customise their setups for effectivity and adaptability, creating a simple solution to have interaction with DePIN.

Terminal T2: A robust multi-miner designed for seamless multi-token mining, supporting $DATA and different tokens.

The Terminal T2 mannequin, scheduled for launch in Q1 2025, will allow seamless multi-token mining, that includes integration with tasks such because the Streamr Community. With Terminal T2, customers can obtain $DATA whereas contributing to the Streamr protocol, simplifying participation within the ecosystem.

New accessibility in DePIN 

The Terminal Multi-Miner is designed with on a regular basis customers in thoughts to make superior crypto-mining expertise extra accessible. Its plug-and-play performance is designed to decrease technical boundaries and permit extra people to take part in DePIN and crypto mining.

“Now we have been followers of Streamr tech for a while, particularly their severless functionality—and we’re excited to discover how we are going to leverage this towards a number of information propagation use circumstances throughout the Terminal Multi-Miner Community” stated Yiming Wang, Founding father of JDI. “Collectively, Terminal and Streamr will ship a novel, user-centric mining expertise for Web3.”

Partaking with the Streamr Community and mining $DATA

The $DATA token of the Streamr Community performs a key position within the Terminal Multi-Miner. As one of many mining choices out there, $DATA permits customers to actively take part within the Streamr Community by changing into nodes that help its peer-to-peer information broadcasting infrastructure.

“Our collaboration with JDI and Terminal represents an essential step ahead for DePIN and decentralized information networks,” stated Matthew Fontana, CEO of Streamr. “By offering a easy, accessible solution to take part in Streamr and different Web3 protocols, we’re serving to to make DePIN extra decentralized and scalable, crucial for guaranteeing its long-term success.”

A partnership constructed on experience

JDI, with a powerful observe document in {hardware} manufacturing for decentralized networks, has supported communities like DIMO and Helium, deploying over 500,000 units. Streamr, a ‘DePIN authentic’ based in 2017, enhances this experience with its scalable P2P infrastructure and instruments, which has been trusted by greater than 20 DePIN tasks, together with Flux, Arkreen, and Minima.

The Terminal Multi-Miner is just the start of what Streamr and JDI purpose to realize collectively in making DePIN a mainstream actuality.

About Streamr

Streamr is constructing the real-time information protocol for the decentralized net. Its scalable, low-latency and safe P2P Community permits information broadcasting and monetization at scale. By powering purposes for DePIN tasks and past, Streamr goals to decentralize information pipelines and create new alternatives for data-driven innovation. To be taught extra, customers can go to streamr.network.

About JDI International Group Restricted

Based in 2016, JDI is a producing and enterprise capital chief specializing in decentralized bodily infrastructure networks. With investments in tasks like Grass, Ator, and Geodnet, and {hardware} for networks like DIMO and Helium, JDI is shaping the way forward for Web3 and decentralized wi-fi networks. To be taught extra, customers can go to jdiglobal.xyz.