MIP#37

MIP#37
Title: AntPool Block Confirmation Stability Enhancement
Author(s): AntPool
Contributors: 
Editor: N/P
Date Proposed: 2024.05.30
Date Ratified: 
Dependencies:
Replaces: N/P
Exception to MIP: N/P
  • Vote Option:

Yes

No

  • Motivation:

To significantly enhance the stability of block confirmation times and boost the visibility of the MVC network, we propose a strategic partnership with AntPool. This collaboration focuses on optimizing the block confirmation process and leveraging AntPool's campaign services to draw global miners' attention. AntPool, a leading force in the mining sector, currently supports mining for only 16 PoW projects. Partnering with AntPool would not only spotlight MVC but also attract a broader base of global miners, elevating our position in the digital mining landscape.

Website:

https://www.antpool.com/home?lang=

Mining statistics and pool ranking from the mempool.space as of May 31, 2024.

https://mempool.space/graphs/mining/pools

  • Details:

The Global Digital Mining Summit (WDMS), hosted by BITMAIN, is a cornerstone event for the digital mining community, attracting industry leaders and innovators from across the globe. This summit serves as a platform for discussing the latest advancements and future directions in global mining, with a strong emphasis on fostering the growth of the PoW ecosystem and driving collective efforts towards a more digitalized world.

WDMS Website:

https://www.bitmain.com/wdms

  • Costs:

The partnership and campaign entail $50,000 USD, covering the WDMS event booth tour, subsequent campaign services through AntPool, inclusion in AntPool's listings, and future consultancy services for block confirmation strategies.

  • Date:

WDMS Event: June 17-18, 2024.

Location: Fontainebleau Las Vegas, USA

  • Campaign:

Campaign Duration: To be determined based on AntPool's scheduling.

This initiative represents a strategic move to solidify MVC's presence in the global mining arena, promising enhanced network performance and heightened visibility among the mining community.

  • Note:

Attendance at the WDMS event is contingent upon availability and may be subject to scheduling changes.


  • Remarks on USD Resources:

MVCDAO possesses substantial USDT reserves to cover all related expenses. Upon MIP-37's consent, the necessary USDT will be withdrawn from the community liquidity account. In return, an equivalent value of Space will be transferred from the DAO treasury to the community liquidity account, ensuring the sustainability of liquidity resources.


Disclaimer & Remarks:

1) Disclaimer on Investment Intentions

MVCDAO wants to make it crystal clear: SPACE isn't a get-rich-quick scheme. MVCDAO emphasizes that Space is not an investment vehicle, but the gas within the MVC ecosystem. Decisions to acquire or use Space for speculative or investment purposes are solely at the discretion of the individual. MVCDAO does not encourage any member to make use of Space as an investment. MVCDAO explicitly disclaims any responsibility for losses that may arise from such actions. Members are urged to exercise caution and make informed decisions.

2) No Assurance on Space Value

Please note that MVCDAO does not make any commitments or guarantees regarding the price or value of the network gas: SPACE.

3) No Investment Advise:

This proposal is focused on enhancing the visibility and sustainability of the MVC network. It is important to note that the arranagement mentioned in this proposal do not constitute investment advice. Participants and all members should refrain from interpreting it as such.

4) Conflict of Interest Declaration:

The author of this proposal has not received any commission.

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