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Crypto

HoodBlockz Brings NFTs to Real Bitcoin Mining

Guavy AI Editorial Team
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BTC NFT
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HoodBlockz has partnered with Based Mining Co to bring together non-fungible tokens (NFTs) and real Bitcoin mining. The partnership is based on a live solo Bitcoin lottery mining pool, where users can contribute their hashpower towards finding a Bitcoin block.

When the pool finds a block, one user who contributed to it will receive 1 BTC as a reward. Additionally, ~2.1+ BTC + fees will be shared among all miners in that round, weighted by their contribution.

This approach eliminates 'empty promises' and 'imaginary utility', which are often associated with NFTs. Instead, HoodBlockz offers a real shot at Bitcoin rewards through its partnership with Based Mining Co.

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