Pow.re
Recent News about Pow.re
EditPow.re operates in the digital asset market, providing clearing and settlement services for physically delivered hashing power contracts. The company serves a diverse clientele including producers, contract issuers, market venues, and speculators. By offering a clearinghouse that adheres to best practices from traditional commodity markets, Pow.re aims to eliminate counterparty risk between buyers and sellers of hashing power contracts. The business model revolves around facilitating secure and efficient transactions in the digital asset space, thereby monetizing untapped energy resources and promoting the financialization of hashing power. Pow.re generates revenue through service fees associated with the clearing and settlement of these contracts. The company is staffed by a global team of industry veterans and hashing power experts, ensuring a high level of expertise and reliability in its operations.
Keywords: hashing power, digital assets, clearinghouse, settlement services, counterparty risk, commodity markets, energy monetization, financialization, blockchain, market venues.