YMIR token launches on Solana, pitching Bitcoin mining-backed model with hosting from $0.055/kWh
YMIR has gone live on the Solana blockchain, with the project saying the token is backed by operating Bitcoin mining infrastructure. The team says it has sold 5,000+ mining machines worldwide, manages 10 MW, provides hosting to 500+ miners, and runs at 98% uptime, with power pricing from $0.055/kWh. It also outlines a token model that reinvests creator fees into additional miners, uses mining revenue for market buybacks and permanent token burns, and plans regular giveaways of physical mining machines to holders. The contract address has been published and the developer token supply is locked via Streamflow.