hash power coin · since 2015, more and more mining machines have joined bitcoin mining, and the...

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Hash Power Coin—Cloud computing power service platform based on block chain

Hash Power Coin白皮书封面

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Content

Chapter one Crypto mining market.........................................41.1 Global crypto mining market..........................................................................................................................4

1.2 Great potential on mining market.................................................................................................................4

1.3 Weaknesses of current mining market.........................................................................................................5

Chapter two Summarize on Hash power coin platform .......92.1 Hash power coin platform................................................................................................................................9

2.2 New solutions on Hash power coin.............................................................................................................9

Chapter three Technical plans..................................................123.1 Core algorithm...................................................................................................................................................12

3.2 Intelligent contract protection mechanism..............................................................................................13

3.3 Consensus agreement security mechanism.............................................................................................14

3.4 Container physical isolation security mechanism..................................................................................15

3.5 Trusted delegation proof of stake (TDPOS)..............................................................................................16

3.6 IPFS data encrypted and node permission...............................................................................................17

3.7 Hash algorithm..................................................................................................................................................17

Chapter four Hash power coin ecosystem ............................204.1 Hash power transaction service...................................................................................................................21

4.2 Financial service................................................................................................................................................21

4.3 Mining filed/ Mining pool construction....................................................................................................22

4.4 Mining transaction & purchase....................................................................................................................22

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Chapter five HPC Economic Circular Token Model................25

Chapter six Development Project...........................................26

Chapter seven Hash Power Coin Governance Structure ......277.1 Hash power coin foundation.........................................................................................................................27

7.2 Core Team...........................................................................................................................................................29

7.3 Background.........................................................................................................................................................31

Disclaimer...................................................................................32Risk Warning..............................................................................33

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Chapter one Crypto mining market

1.1 Global crypto mining market

With the The rapid development of cryptography, distributed networks, consensus algorithms

and hardware storage computing power from the 1970s, the conditions for establishing cross-

subject consensus cooperation mechanism through technical means are becoming more and more

mature, which offered a lot brand new and effective solutions to intermediaries trust risks, reduce

transaction costs and improve collaborative efficiency under multi-agent environment.

With investment returns as high as tens of thousands of times, the digital currency industry led

by Bitcoin has developed rapidly recently.

However, lucrative profits attracted a large number of people engaged into the mining market,

resulting in a surge in the Bitcoin hash power. In that case, personal mining income is almost zero,

but mining pool came into being, which broke through the limitation of geographical location and

links the hash power of miners and mines scattered around the world to mine together and improve

and stabilize personal benefits. For individuals, the existing computing resources are still further

pooled to the head, and ecological participants such as "mining monopolist" can master the income

distribution rules, while individual income cannot be guaranteed. At the same time, crypto prices

changed fiercely, government regulation is tight, and it is too expensive for individuals to buy mining

machines with little benefit.

The future mining filed will be committed to solving the pain points of individual participants

by building a decentralized computing resource sharing platform based on block chain technology.

The future mine will build an open, fair, transparent and low-threshold decentralized digital currency

power resource sharing platform for users through the basic technologies of block chain such as

data uplink and Timestamp, and provide better service for global customers with rich industry

experience.

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1.2Great potential on mining market

Mining, also known as the infrastructure in the blockchain world, plays a role in integrating the

underlying computing power and hardware support, and is the very original industry. In fact, digital

currency and mining are complementary to each other. Digital currency for Proof of work (POW)

relies on computing power to dig mines to ensure its security. Without the support of concentrated

computing power of mining pools and mines, the security of POW's digital currency cannot be

guaranteed.

Secondly, as the infrastructure of bitcoin(BTC) world, mining is not isolated. BTC dug from

at the beginning of the CPU, GPU to ASIC; From the original individual mining to mining pool

currently; From the original none service to the present perfect supporting services, we can see

through the dig mining industry evolution process, BTC mining have spawned a around the entire

mining development of new industry chain, which is from mining machines, mines, mining pool and

other production equipment to logistics, accessories, finance and other supporting services with the

development of the mining and currency rise arises at the historic moment, so that the whole mining

can better development.

Then, as the BTC currency price keeps rising, its wealth will become more and more obvious,

thus attracting more active participation of global users. At the same time, it also led the entire

BTC mining industry booming. These positive changes from the trusteeship of the mine to the

development and update of the mining machine, from the technical optimization of the mine pool

to the upgrade of logistics services, from the diversified services of finance to the innovation of

accessories and from the professional introduction of talents to the active layout of capital, the

future development of the whole mining industry all reflects the certainty and capacity.

Finally, the whole digital currency market will experience ups and downs. Some industry

participants will make a choice whether they should be confronted with the challenges. Compared

with risky and highly liquid digital currencies, mining has sacrificed some liquidity, but its returns are

also more long-term and stable.

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1.3Weaknesses of current mining market

1.3.1 High cost of mining

The high cost of mining mainly including energy consumption and equipment cost. Bitcoin

consumes enough electricity to rival a small country. As of May 22th, 2019, bitcoin currently

consumes 91.07 terawatt hours of electricity annually, equivalent to 0.3% of the world's total

electricity consumption. Global mining revenues are close to 7 billion dollars a year, and mining costs

are close to 3.4 billion dollars, or half of all bitcoin mining revenues.

However, the present mainstream mining form is still dominated by physical mining machine,

which forces many users who want to mine to have to spend a certain capital cost to buy mining

machine, and then need to build or find suitable sites for hosting, while digital currency itself risks

and currency price fluctuations are relatively large. Facing so many uncertain factors, users still need

to pay a large amount of capital cost and time cost in advance, thus making it much tougher for

people to enter.

Mining pool Rank of bitcoin hash power in the first quarter of 2019 (Before April the first, 2019)

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1.3.2 Serious monopoly in head mining pool

Since 2015, more and more mining machines have joined bitcoin mining, and the bitcoin

hash power of the whole network has soared. That is, the time of one person mining has been over.

Because of the continuous addition of mining machines, the difficulty of mining increases. Therefore,

the proportion of BTC hash power is the most important indicator to measure the strength of POW

type mine pools. The most important digital currency for mining in mining pools is BTC, and the

proportion of hash power of BTC in mining pools generally determines the majority of income

of mining pools. Higher power ratios mean that the pool will have more revenue to invest in the

operation of the pool. More revenue, in general, means more security, more currencies, more forms

of settlement, more ecosystem extensions such as wallets and exchanges, more traffic for advertising

purposes. These advantages will promote the head pool to further obtain more hash power, so the

pool may exist Matthew effect.

Those pools ranked outside 15th, is likely to be phased out. Bitcoin hash power is concentrated

in the head mines, which are often set up by "mining monopolist" with strong financial strength,

who formulate a series of so-called mining operation rules. In this case, the mine operation cost is

not transparent and mining machine information is not transparent. Based on this situation, in the

decline of the market cycle, the mine also exists at any time "down" possibility, the interests of users

will be greatly damaged.

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1.3.3 Unclear policy regulations and professional standards

Mining requires a lot of energy and money and is regulated in different countries. For example,

Russia, a country with friendly regulation, will introduce cryptographic digital currency regulations in

July 2019 to promote a regulatory framework that will allow people to trade multiple cryptographic

digital currencies, including BTC. Therefore, the sustainable operation of the mine pool depends on

whether or not to conduct a global layout to prevent the policy risks of various countries.

Due to the current policy for mining and regulation of digital currency are still in the relatively

early, legislation relatively lags behind, and the development of the industry as a whole is also a state

of wild growth, industry lack of unified standards, pre-market and after-sales service are not able to

match, hosting different levels. Therefore many chaos in the industry, patterns and rules for the new

and old miners are headache, even recourse.

Bitcoin difficulty degree schedule of the whole network

De

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f di

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ulty

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1.3.4 High professional requirements

Mining requires high professional needs, which involves two aspects, one is the trusteeship

mine specialization, the other is the maintenance of professional mining machine. Because that is a

professional mine, whether the distance between the machine or the site of ventilation and humidity

is normalized. Therefore not only can it extend the life of the machine, but also it let the machine

can run more stable. And professional maintenance requires professional maintenance personnel to

be able to deal with any problems that may occur in the mining machine, whether it is poisoning or

hardware failure, so as to ensure the mining machine 24 hours online.

1.3.5 High electricity requirements

Mining depends a lot on the resources, especially bitcoin in the POW model, where power

costs account for more than half of the mining revenue. So even when the bitcoin was very

expensive, miners still made a profit even with higher electricity prices. But as the value of the

currency continues to fall, many miners who mine for high electricity prices often turn off power or

lose money.These miners tend to be fragmented, unsophisticated and unable to enjoy low electricity

prices.

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Chapter two Summarize on Hash power coin platform

2.1 Hash power coin platform

HHash Power uses the open source system of work force, with advanced block chain

technology to help complete the hash power, mining through electronic hash power. And relying on

its own with the mining of infrastructure, the mine construction for nodes of the user in the world,

calculate the force leasing, field operations, equipment procurement, hash power investment, digital

assets transaction, circulation, exchange and other services.

At present, the Hash Power Coin nearly owned thirty thousand bitcoin mining machine in

abroad and domestic (Sichuan, Yunnan, Xinjiang, etc.), which not only allow the world of digital

currency lovers dig for HPC coins as a reward, but also directly use the HPC coins to the Hash Power

Coin platform HPC currency for BTC cloud mining, in order earn BTC COINS. In Hash Power Coin,

users do not need to buy mining machines, they can directly purchase or rent hash power resources

of Hash Power Coin platform. This behavior is in the form of contract transaction, that is, users only

need to purchase hash power contracts at the exchange of it, which is equivalent to purchasing hash

power, so that they can quickly and conveniently mine mines and obtain digital assets generated by

mining.

Hash Power Coin is committed to building the world's leading comprehensive electronic hash

power platform, promoting the decentralization of cryptographic digital currency and empowering

every ecological participant.

2.2 New solutions on Hash power coin

In response to all the above problems, the Hash Power Coin team proposed a new solution

-- a decentralized Power mining platform based on block chain technology. Hash Power Coin will

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create a decentralized digital currency mining platform with open, fair, transparent and low threshold

for users, and provide better service for global customers with rich industry experience based on the

technical characteristics of blockchain.

Low electric power cost helps to ensure steady income

Currently, cryptocurrency mining consumes a lot of resources, especially electricity, so the

heavy consumption of electricity has led policy makers in many countries to take drastic measures

against mining. Hash Power Coin estimated the power cost of a number of countries, and finally

selected Kazakhstan, Kyrgyzstan and other countries as the preferred overseas distribution countries,

to establish mines in Sichuan, Yunnan, Xinjiang and other regions in China, and to control the low

Power cost resource to ensure the steady return of project investment. At present, 23 modern

mines have been built in China, the United States and Europe, with nearly 30,000 distributed cloud

computing power supply network, which has become a global large-scale cloud computing power

sharing platform.

Multimode input Use the POW hash power and POS node together

At present, mining mode is mainly divided into POW hash power and POS node. The POW

algorithm, which is the workload proof algorithm, comes from economics; That was first proposed

in 1993 by two economists, a strategy to prevent the abuse of services or the abuse of resources, an

effective economic strategy to block. Based on the contribution of the nodes to mining, this method

is used to reward the miners. The latter is based on the amount and time of digital assets held by the

node to generate a new digital assets model to the node. Hash Power Coin provides mining services

combining mining with ASIC, GPU, CPU, 1PFS and CDN bandwidth. Users can independently select

mining mode through Hash Power Coin mode.Meanwhile, Hash Power Coin plans to arrange ETH

nodes in advance and will provide ETH transfer POS service to users in the future.

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Lower the introduction standards and improve the assets liquidity

After the giving certain value liquidity to fixed assets such as miners and mines and hash

power in a platform-specific way, hash power coin platform lowers the barriers to entry, the entire

mining industry to make more interest for mining user does not need to input the expensive cost

of the fixed assets will be able to participate, to enjoy the benefits of mining. At the same time, it

has increased the liquidity of mines and miners, allowing them to develop more quickly. Hash Power

Coin's Power trading platform is easy to operate and highly secure, enabling more people interested

in blockchain to participate in global digital asset allocation and get diversified returns on digital

assets.

Scale and professional operation

Compared with the small and scattered mining ecology, scale and professional operation

is the trend and direction of mining industry in the future. In the future, Hash Power Coin will

continue to build and purchase its own infrastructure and mining equipment, and cooperate with

other ecological partners to generate a certain scale effect, so as to reduce platform procurement,

construction and operation costs. At the same time, due to the large scale of the platform, it will

also have a comparative advantage in obtaining corresponding power resources and compliance

qualifications.

Add financial attributes to offer diversified financial service for global customers

The development of any industry can’t be separated from financial support. Hash Power

Coin mining platform will continue to expand its own financial services and products, providing all-

round financial services and support for ecological members, including miners, mines, mining pools

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and mining machine manufacturers, so as to help ecological members survive and develop better.

The Hash Power Coin mining platform and its partners will obtain corresponding business licenses

according to the local policies and regulations for business operation.

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Chapter three Technical plans

3.1 Core algorithm

According to the underlying architecture of Docker container and Kubernetes, real-time price

of relevant digital currency, calculation difficulty and other parameters, Hash power coin platform can

obtain the optimal profit algorithm of different configurations. The system automatically recognizes

the hardware and matches it with the optimal algorithm, and loads the mining container according

to the revenue. The calculated order is matched by the hardware configuration parameters and the

network equal-weight coefficient, and the order container automatically loads the deployment and

tests.

For some specific application requests, such as requests for electronic hash power with I0

throughput requirements, transmission rate limits, and obvious geographical coordinates, the system

manually adjusts the weight coefficient with intelligent allocation, and calls the whole network

computing resources to meet the best experience of application requests.

Hash Power Coin creative optimal container expansion algorithm has the following advantages:

Low entry standards

No security bug

Join and quit freely

Only online load of Docker is needed

Run the environment deployment in distribution

At the same time, Hash power coin platform designed five agreements to ensure the security

of hash power distribution platform:

Intelligent contract protection mechanism

Consensus agreement security mechanism

Container physical isolation security mechanism

Trusted delegation proof of stake (TDPOS)

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IPFS data encrypted and node permission

3.2 Intelligent contract protection mechanism

Hash Power Coin will use limited Turing complete intelligent contracts to avoid performance

and security vulnerabilities caused by overly complex contracts. At the same time, rule-based

intelligent contract language is adopted to facilitate non-technical personnel to create contracts in

close proximity to natural language. In order to facilitate developers, Hash Power Coin also provides

many smart contract templates for developers to refer to. Because the intelligent contract requires all

the verification nodes to execute the verification, the operation efficiency of the intelligent contract

is limited and cannot meet the needs of most complex applications. Hash Power Coin designed a

unique Hash Power Coin service unit to solve this problem. The Hash Power Coin service unit is more

like the source code of traditional applications, including core business logic, and can interact with

the Hash Power Coin client, Hash Power Coin smart contract, Hash Power Coin application engine

and distributed database engine through various protocol stacks. The Hash Power Coin service unit

can be used to write applications similar to traditional search engines, shopping sites and blogs.

Core algorithm of hash power coin

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Once the Hash Power Coin service unit is published and certified, the source code is available to all,

truly open, Shared, and collaborative.

3.3 Consensus agreement security mechanism

The consensus mechanism designed as modular in Hash Power Coin, which can be plugged

and unplugged like a plug-in, and can be applied to the problems of Hash Power Coin in mining.

In the selection of the consensus mechanism of Hash Power Coin, according to the reliability

principle and decentralization principle of technology, we finally select the consensus mechanism

based on Proof of Stake as the basic consensus mechanism of Hash Power Coin.

Based on Hash Power Coin, we used the consensus mechanism of the combination of Proof

of Time and Raft protocol to provide services for industry customers. From POW to POS to DPOS to

the BFT consensus mechanism of HyperLedger. The essence of consensus mechanism lies in how to

achieve data consistency through some algorithms in a distributed system. Finally, the discussion on

consensus mechanism will return to the consistency problem of distributed systems in the computer

field. There have been many researches and achievements in this field before. For example, FLP

theorem and CAP theorem in distributed systems guide people to design consensus mechanism

according to specific needs.

In the bitcoin network, miners participate in the verification process through the whole client

of bitcoin, and randomly collide Hash values through the way of workload proof. When miners

calculate Hash values and meet certain conditions, they are said to have dug a block. In other words,

Hash (B_Header) sMD, the Hash function represents two SHA256 calculations, whose value range

is [0, M], and D is an integer of [1, M]. The SHA256 mining algorithm of the bitcoin network allows

each node to quickly verify the validity of blocks, and each block of BlockHeader changes with

the difference between Nonce and extra Nonce. The overall difficulty of mining will be adjusted

dynamically according to the net effort. According to the consensus agreement, when the network

has bifurcations, we will select the block containing more workload as the effective block.

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Later, other Proof of Work algorithms were generated, such as Script algorithm of Litecoin

and X11 algorithm of Darkcoin . The original intention of the design was to resist the centralization

of computing power and thus ensure the decentralization of network. Currently, most of the code

of Proof of Stake adopted by the community forks into PeerCoin, which is modified based on the

very old version of bitcoin code, failing to reflect the features of BIP protocol and code perfection in

recent years.

In the Hash Power Coin mining platform, the basis of the consensus agreement we selected is

POS, whose full name is Proof of Stake. In short, it is a system of paying interest on the amount and

duration of money held.Based on the latest bitcoin code, the consensus protocol of Proof of Stake

will be developed and deployed.

3.4 Container physical isolat ion secur ity mechanism

In the Hash Power Coin mining platform, users can create and manage containers through

HPC. Create operating systems in the containers can effectively isolate multiple operating systems

and realize the virtualization at the operating system level. The initial Docker container technology

was built based on HPC, which can create containers for the virtualization of Linux system. However,

HPC, as a user-layer management tool, mainly provides an interface for managing containers,

and encapsulates and hides the mechanism for realizing containers. Two features of Linux kernel

Namespace and Cgroup are adopted in HPC.

The Namespace mechanism provides a lightweight form of virtualization, which is operating

system level virtualization in other words. This mechanism is similar to jail mechanism of FreeBSD

and OpenVZ's. Traditionally, all processes in a Linux system are identified by PID, the kernel only

needs to manage a list of PID, and the user gets all the same system-related information from the

uname system call.In Linux, users are managed by UID Numbers, which are identified by a globally

unique UID list.The global ID allows the kernel to manage the system well, allowing or denying

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certain privileges.If the root user with UID 0 is allowed to do anything, the other UID users are

restricted.For the process where user X cannot kill another user Y, but user X can see the active state

of user Y, which is not applicable to some scenarios, such as services with high privacy requirements.

Hash Power Coin isolates resources through the namespace mechanism, while restrictions on

physical resources are implemented through the cgroup(control group) mechanismCgroup system

defines the following concepts:

1) Control group: A control group is a group of processes, which is the basic unit of control in

the cgroup system.

2)Subsystem: Subsystem is a kind of resource control system, such as CPU, is the specific

control method of process in c shovel oup, by subsystem. The subsystems supported by cgroup

mechanism are shown in the following table:

3)Hierarchy: Hierarchy refers to the arrangement of each control group in the form of a tree,

and the control rights of the child nodes also follow the tree of the parent node. A process in a

Linux system is in one of the control groups and is also in one of the hierarchies. One hierarchy

corresponds to the virtual file system of the cgroup system.

Subsystem in Hash Power Coin

Subsystem types

CPU Subsystem：Manage cgroup for CPU and distribute the value to the process

CPUSET subsystem: Distribution on EPU and memory node in multicore system

CPUACCT subsystem: Produce CPU report in Cgroup process automatically

Memory subsystem: Manage CPU in Cgroup process and set data to control the memory use

Devices subsystem: Manage the devices access like set the access right

Freezer subsystem: Regain the process group

Net cls subsystem: Manage the network bandwidth in Cgroup

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Subsystem in Hash Power Coin

3.5 Trusted delegation proof of stake (TDPOS)

Hash Power Coin with trusted Trusted delegation proof of stake (TDPOS), which is a safe and

reliable, high Robustness, flexible consensus agreement. Compared with the traditional mechanism

of consensus, The data original of TDPOS is from proof trusted and classification audit strategies

which can ensure reliable sources, safeguard the fair rights and interests of the participating nodes

and data privacy. At the same time, more than 1 million TPS trading performance fully competent for

high concurrency Shared ecology.

Hash Power Coin focuses on developing the upstream and downstream service system of

computing Power. And establish a diversified ecosystem including exchanges, mining pools, mining

machine manufacturers, social media, cold and hot wallets and mining services.

We define the proof trusted (PT) of TDPOS as a function of proof investment asset (PIA), proof

compliance orientation (PCO), and proof credit recognition (PCR) : PT=F{F (PLA), F (PCO), F (PCR)

and describe the three hierarchical trusted proofs containing documents or transaction behaviors as

follows:

Subsystem types

CPU Subsystem Manage cgroup for CPU and distribute the value to the process

CPUSET subsystem Distribution on EPU and memory node in multicore system。

CPUACCT subsystem Produce CPU report in Cgroup process automatically

Memory subsystem Manage CPU in Cgroup process and set data to control the memory use

Devices subsystem Manage the devices access like set the access right

Freezer subsystem Regain the process group

Net cls subsystem Manage the network bandwidth in Cgroup

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Proof Investment Asset (PIA): The more node-locked coins number, the higher scoreProof

Compliance Orientation(PCO): Verify the transaction behavior and corresponding policies and legal

requirements Proof Credit Recognition(PCO): Dynamic credit recognition of transaction behavior.

According to the decentralized characteristics of the block chain system, we encourage the

release of trading behaviors with high credit consensus through the layered credit management

with layered trusted consensus TDPOS and TOKEN mechanism, which can greatly reduce the cost

of information screening of roles in the ecosystem, improve transaction efficiency and guarantee

transaction security.

3.6 IPFS data encrypted and node permission

Throughout the storage layer, the Hash Power Coin adopts the IPFS interstellar file system to

integrate into ether community data storage. Compared with leveldb, IPFS is essentially a content

addressable, versioning, point-to-point hypermedia distributed storage and transfer protocol that

aims to complement or even replace the hypertext text transfer protocol (HTTP) used over the past

20 years to build a faster, more secure, and freer Internet era. IPFS creates a point-to-point network

topology, which is equivalent to subverting the distribution relationship represented by HTTP. It has

the feature of content addressable, and generates unique hash identification through file content,

which saves the cost of space overhead to some extent.

3.7 Hash algorithm

The hash algorithm maps a binary value of any length to a shorter binary value of a

fixed length, which is called a hash value. A hash is a unique and extremely compact numerical

representation of a piece of data. If you hash a paragraph of plain text and change even one letter of

that paragraph, subsequent hashes will produce different values.It is computationally impossible to

find two different inputs that hash to the same value, so the hash of the data can verify the integrity

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of the data. Generally used for fast search and encryption algorithm, string random generated code

is as follows:

#include <stdio.h> #include <.h> #include <string.h> #include

<.h> #include <time.h> #define STRINGSIZE 10 #define #STRINGCOUNT 1000

// If the function is used repeatedly in a procedure, then the function is useless. Although the

system's time function is also used to initialize the random number generator, the program executes

so fast that it may run a loop 1000 times and return the same number of seconds as the timestamp

/*

void get_rand_str(char s[],int num)

{

// Defines a randomly generated string table char *str = "0123456789ABCDEFGHIJKLMN

OPQRSTUVWXYZabcdefghijklmnopq

rstuvwxyz";

int i,lstr;

lstr = strlen(str);// calculate the string length

srand((unsigned int)time((time_t *)NULL));

// Use system time to initialize the random number generator

for(i = 0; i < num-2; i++) // Returns the corresponding string at the specified size

{

s[i]=str[(rand()%lstr)]; }s[i++]='\n';s[i]='\0';

printf("%s",s);

}

*/

int main()

{

FILE *fp1;

// Defines a file stream pointer to open the read file char text[10];

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// Defines an array of strings to store the read characters int i=0,j=0,lstr; char *str

= "0123456789ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopq rstuvwxyz";

lstr = strlen(str);// calculate the string length

fp1 = fopen("d:\\test.txt","r+");// Open the read and write only file a.txt

//while(fgets(text,1024,fp1)!=NULL)// Read the contents of the file fp1 points to line by line

into the text srand((unsigned int)time((time_t *)NULL));// Use system time to initialize the random

number generator for( j=0;j<STRINGCOUNT;j++)

{ // Return as the specified size for(i = 0; i < STRINGSIZE-2; i++) corresponding string

{

text[i]=str[(rand()%lstr)];

{

text[i++]='\n';

text[i]='\0';

fputs(text,fp1);

// Write to the file fp1 points to}

fclose(fp1);

// Close file a.txt, open and close

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Chapte r four Hash power co in ecosystem

HPC self-owned brand mining machine

Based on the integration of the chip research and design capability of Hash Power Coin mining

platform and high-quality resources in the industry, Hash Power Coin mining platform has been put

into production with self-owned brand mining machines: Ant mining machine, hpc-x1 and hpc-x2,

which have been put into HPC self-owned mine and HPC mine for pressure test of production

environment.The brief parameter information of related mining machine is as follows:

Mining machine brand Ant mining machine

Mining machine type ASIC mining machine

Hash power 14.5TH/S±5%

Power dissipation 1350W+10%

Power dissipation hash power ratio 93.12J/TH+10%

Size 445×215×255mm

Weight 4.2kg

Working temperature Working temperature：0℃ ~40℃working humidity：5%RH~95%RH，none condensation

Mining machine brand HPC-X1 HPC-X2

Mining machine type ASIC professional mining machine ASIC professional mining machine

Order hash power 18TH/s（-5%~+10%） 30TH/s（-5%~+10%）

Power consumption ratio 90W/T，1620W 65W/T，1950W

Order voltage 220V（-10%~+10%） 220V（-10%~+10%）

Currency type bitcoin bitcoin

Working temperature 25℃（-10%~+15%） 25C（-10%~+15%）

Working humidity 5%RH~95%RH none condensation 5%RH~95%RH none condensation

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4.1Hash power transaction service

Hash Power Coin mining platform is based on the Power pool of self-owned mines and

franchised mines. APP client has been launched to help miners reduce costs and ensure mining

profits. Miners can use mainstream digital currency or Taiwan dollar HPC to purchase power

contracts on the platform, and relevant service fees and handling charges (including but not limited

to trading, hosting, joining, etc.) are settled by HPC.

In the APP system that will be launched soon, it supports three platforms: power contract

trading, financial derivatives trading and mining machine mall. Users can use HPC to buy and hold

relevant products. The platform encourages users to use HPC to purchase self-developed HPC series

mining machines and host them to the platform, which can obtain corresponding discounts and rich

compound interest.

4.2 Financial service

As the growth of the world mineral market scale, HPC will have great potential for the

circulation of potential. Because the quantity of HPC with clear ceiling, without the risk of spam at

random, the circulation of the HPC with their stability will be able to get more and more people

for approval, so as to realize the rising of currency, for its holder with the large and persistent. The

essence of HPC lies in trust and circulation, which must be carried out by all the people involved

in circulation. The key of circulation is freedom, which should not be excessively regulated. And

that's what HPC wants to do for society. Relying on HPC's vast and outstanding network of mining

enterprises, it provides rapid, confidential and secure trading services for the world's extensive

mineral payment environment. As for the manual verification error that often occurs in mineral

market transactions, the tamper-proof property of HPC plays a great role. Hash value of HPC can

confirm that the accounting information has not changed. Once the data is recorded on the chain,

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no one, including the administrator, can change it. Distributed ledger records the transaction

behavior data of mineral assets. Through the analysis and mining of these data, valuable data,

information or knowledge can be formed to provide data analysis services for governments,

enterprises and individuals. The weak centralization of HPC greatly reduces cost consumption and

personnel utilization in operation.Improve the efficiency of trading, clearing and settlement.At

the initial stage of development, HPC will mainly be used to purchase various services under HPC,

and the circulation scope will gradually spread to cooperative units of HPC and the whole mining

industry with the emergence of market capability, eventually becoming the most important payment

method for world mineral trade.Therefore, it is expected that in the long run, HPC will gradually

move towards the road of "global currency" and become a hard currency like gold.

The Hash Power Coin mining platform involves a wide range of businesses, and only a personal

account of the Hash Power Coin mining platform is required to carry out the required assets and

financial services. At the same time, with the increasing number of cooperative institutions for Hash

Power Coin's follow-up access, users will enjoy more diversified rights and services on the platform.

4.3 Mining filed/ Mining pool construction

With the continuous development of Hash Power Coin, there will be more and more

organizations entering the Hash Power Coin mining platform, which will eventually form a diversified

ecosystem including exchanges, mining pools, mining manufacturers, social media, cold and hot

wallets and mining services. HPC users will also enjoy certain rights and benefits in the future access

to the main chain of many ecosystems, such as exchange cost concessions, mining pool handling

fee concessions, mining machine purchase discounts, priority, purchase installment, token right to

snap up, cold wallet concessions. Hash Power Coin will give HPC more rights and use value through

cooperation with more ecosystem institutions.

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4.4 Mining transaction & purchase

The mode of Hash Power Coin mining transaction & purchase applies the token HPC of Hash

Power Coin to the commodity transaction and circulation process. HPC is an encrypted digital

currency developed on the basis of block chain and representing digital mineral assets. On the

premise of ensuring the accuracy of information, it can greatly improve the efficiency of information

exchange between the mining companies and terminal factories in HPC, and then complete the

purpose of rapid transaction and transportation through the logistics enterprises in the system.

Through HPC, asset owners and Hash Power Coin operators, cash flow can be quickly obtained

to accelerate the development of the project.Investors can get easy and convenient investment

experience in mineral projects. Due to various factors, Hash Power Coin is still unable to completely

eliminate the middlemen in the mineral trading market and realize the business model of direct

access of miners to terminal factories. However, it will be able to reduce the intermediate link of

mine trading by more than half, speed up the transaction speed and reduce the transaction cost.

4.5 Electronic storage

In recent years, although many companies have launched Cloud Storage products, including

Anazon S3, Microsoft Azure, Datastore for use in Google AppEngine, and Google Cloud Storage, etc.,

there is no clear definition of Cloud Storage so far.

Hash Power Coin cloud storage is the underlying support of its cloud computing. In addition to

saving the overall hardware cost (including Power cost), it also has good extensibility , transparency

to users, flexibility of on-demand distribution and load balancing. Through the integration of various

cloud storage technologies, the storage and data services in the storage resource pool composed

of a large number of Hash Power Coin PC+ storage devices are provided to authorized users on

demand with a unified interface. Authorized users can access and manage the storage resource

pool arbitrarily through the network, and pay per use.HPC concentrates the remaining bandwidth

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of the vast number of miners into storage resources, and through special software for automatic

management, without human participation.Users can use storage resources dynamically without

considering the technical details of complex large-scale storage systems such as data extensibility

and automatic fault tolerance, thus focusing more on their own business, which is conducive to

improving efficiency, reducing cost and technological innovation.

Characteristics of HPC electronic storage:

▪ Great extensibility

The scale of HPC cloud storage can be dynamically scaled to meet the needs of data scale

growth. Extensibility consists of two dimensions:

First, the system itself can easily add server resources dynamically to cope with data growth.

Second, system operations are extendable, meaning that as the size of the system increases,

there is no need to add too many operations personnel.

▪ Great reliability and availability

HPC electronic storage provides great reliability and availability through technologies such as

multi-copy replication and automatic fault tolerance for node failures.

▪ Security

HPC internal security through user authentication, access control, secure communication (such

as HTTPS, TLS protocol) and other ways to ensure security.

▪ Service on needs

A mine made up of a large number of HPC units is a vast pool of resources that users pay for

on demand, like water, electricity and gas.

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▪ High scalability

The scale of HPC cloud storage can be dynamically scaled to meet the needs of data scale

growth.Cloud Computing Force Service Platform based on blockchainExtensibility packageContains

two dimensions:

First, the system itself can easily add server resources dynamically to cope with data growth.

Second, system operations are scalable, meaning that as the size of the system increases, there

is not much to add personnel.

▪ Correct mistakes automatically

HPC system cloud storage can automatically handle node failures, so as to realize operation

and maintenance extensibility, ensuring great reliability and availability.

▪ Low cost

Low cost is an important goal for cloud storage.Automatic fault tolerance of cloud storage

can be built through HPC PC server;The universality of HPC server greatly improves the resource

utilization rate, and the automatic management of HPC greatly reduces the operation and

maintenance cost. The data center where HPC is located will be built in regions rich in power

resources, such as Kazakhstan, Kyrgyzstan, Sichuan, Yunnan, Xinjiang and other countries and

regions, thus greatly reducing the energy cost.

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Chapter five HPC Economic Circular Token Model

Hash Power Coin will make full use of the great developed ecology and token rights to

motivate the resource side, service side and consumers in the whole mining ecology to achieve a

win-win situation. By eliminating all kinds of intermediaries, the transparency of industry information

can be greatly improved and transaction costs can be reduced. Platform coin of Hash Power Coin is

HPC, which will reduce the difficulty of mining nodes in proportion to the proportion and time of

tokens owned by each node according to the algorithm, so as to speed up the search for random

Numbers, shorten the time needed to reach a consensus and improve the overall efficiency.

Coin name: Hash power coin

Token name: HPC

Coin number: one billion

Distributed plans are as follow:

10% technological research； 20% ecological development； 30% miner stimulation

30% foundation construction； 10% foundation

HPC token allocation

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Chapter six Development Project

Initial plan

The core of Hash Power Coin is to redefine the mining industry ecology based on block chain

computing Power, and to give the platform computing Power and equipment certain value mobility

in a specific way, so as to improve the performance of mining equipment in a wider range.Therefore,

the early work of Hash Power Coin focuses on the process optimization of the miner to reduce

the Power consumption ratio, the development of mining computing Power, the investigation of

industrial technical characteristics and other preparatory work. At the same time, it published the

white paper on the application of global Hash Power Coin in mining, started early financing, and

established the global Hash Power Coin mining platform.

Middle plan

After the establishment of the Hash Power Coin mining platform was completed and the fund

was raised in place, promotion and application of the full Hash Power Coin were carried out. For

example, full-time personnel were arranged to visit leading companies in various industries and

invited to access the platform. After that, I conducted publicity on various platforms, looking for

more relevant enterprises and other partners to live on the Hash Power Coin mining platform.In

addition, Google promotion and SEO can also be used to expand the influence of Hash Power Coin

mining platform, so as to redefine the mining industry ecology based on block chain computing.

Future plan

Hash Power Coin mining platform will integrate various industries, organize multi-

language platforms, conduct global business cooperation, and create a trillion-level global mining

infrastructure platform. Meanwhile, more overseas blockchain exchanges will be contacted to actively

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promote the online plan of overseas Hash Power Coin and enhance the international influence of

Hash Power Coin. Subsequently, the Hash Power Coin team and the foundation will continue to carry

out in-depth development of block chain technology, maintain the harmonious development of the

industry ecology, and continuously access to more industrial applications.

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Chapter seven Hash Power Coin Governance Structure

7.1 Hash power coin foundation

Hash Power Coin foundation, established and operated in Singapore, is committed to the

development and construction of HPC ecosystem and governance transparency, so as to promote

the safe, efficient, orderly and safe development of projects. As a non-profit organization, the

foundation helps project enthusiasts and developers around the world better understand and

understand the development of HPC projects while monitoring and ensuring the normal operation

of HPC projects. The foundation consists of a management committee, a technology development

center, a marketing center, and a daily management center.

Management committee: The management committee shall be responsible for the

management and decision of major matters of the foundation, including the appointment and

dismissal of the executive directors and the directors of each center, the formulation of the rules and

regulations of the foundation, and the management of privileged matters of the foundation.

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Technology development center:The technology development center is responsible for the

development, testing, launching and audit of the underlying technology. Provide technical support

in various areas and provide open source code as appropriate.

Market and sales center:Marketing center is responsible for project marketing strategy

research, demand survey and analysis, related product promotion.

Daily management center: Daily management center includes financial, legal, personnel,

administrative management. The finance department shall be responsible for the use and

examination of the fund; The legal affairs department is responsible for reviewing and drafting

all kinds of documents to prevent all kinds of possible legal risks; Responsible for personnel,

compensation and other personnel work and daily administrative work. Daily management center:

the daily management center includes financial, legal, personnel and administrative management.

The finance department shall be responsible for the use and examination of the fund;The legal

affairs department is responsible for reviewing and drafting all kinds of documents to prevent all

kinds of possible legal risks; Responsible for personnel, compensation and other personnel work and

daily administrative work.

ACRA（ACCOUNTING AND CORPORATE REGULATORY AUTHORITY)

It is the accounting and enterprise authority of Singapore, the national regulator of corporate

entities and public accounting in Singapore.

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7.2 The core team

CEO 简介

CTO 简介

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Trik/COO

Graduated from the Kazak university of technology

with a bachelor's degree in psychology, has a strong

background in information technology and services, and

once served as the executive general manager of a senior

digital currency congregation raised platform. Currently

serving as the chief operating officer of HPC, mainly

responsible for the operation and management of HPC user

community, including community activity planning, activity

execution and community incentive plan execution.

Emman Vinci/Full Stack Engineer

Kazakhstan State University, Computer Major, has rich

experience in software technology development, familiar

with front-end and back-end development, interface design,

database, mobile client, Single Page Application, Web

Socket, HTML5 / CSS 3 and other technologies.

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7.3 Background

Deloitte has offices in 11 countries, as well as Georgia and Ukraine. It has become the fastest

growing technology company in central Asia, with offices in Almaty, Nursultan, Atrau, Akot, Bishkek,

Tashkent and Dushanbe, with over 600 employees.

TechForce focuses on the ITIL space and was established in 2005 as an enterprise IT service

provider. Over the past decade, TechForce Technology has evolved from a local minority business

into a pioneer in innovative enterprise solutions with core expertise in information Technology

services.

Integrity Partners is a highly specialized company focused on cloud computing and network

security.With the unique capabilities of its experts and world-class solutions, Integrity Partners

helps clients improve the productivity and security of information, users, and infrastructure in the

workplace.

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Disclaimer

This paper only used for information convey, it does not constitute an opinion on the trading

of Hash Power Coin shares or securities. The above information or analysis does not constitute

investment decisions or specific recommendations.

This document does not constitute any investment proposal, investment intention or

solicitation of investment in the form of securities. This document does not constitute, nor is it

construed as, any offer to buy or sell, or any invitation to buy or sell, or any form of security, nor is

it a contract or commitment of any kind.Hash Power Coin clearly indicates that relevant potential

users clearly understand the risks of Hash Power Coin platform. Once investors participate in the

investment, they will show that they understand and accept the risks of the project and are willing to

bear all relevant results or consequences. Hash Power Coin explicitly states that it will not bear any

direct or indirect losses caused by its participation in the Hash Power Coin project, including:

(1)This document provides the reliability of all third party information;

(2)Any errors or omissions resulting from this document

(3)Any behavior resulting from this document

Hash Power Coin Tokens is a digital crypto used on the Hash Power Coin platform. At the time

of writing, HPC coins cannot yet be used to buy related goods or services. There is no guarantee

that HPC coins will appreciate or depreciate, and those who do not use HPC coins correctly may lose

the right to use them, and may even lose their HPC coins.HPC coins are not a form of ownership or

control. Control of HPC coins does not represent ownership of HPC or Hash Power Coin applications.

HPC coins do not grant any individual any right to participate in, control, or make decisions

regarding HPC and Hash Power Coin applications.

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Risk Warnings

1、1.Losing HPC coins due to certificate lossAfter the HPC Coin is allocated to the purchaser, it will be associated with the purchaser's Hash

Power Coin account. The only way to enter the Hash Power Coin platform account is the relevant

login credentials selected by the purchaser. The loss of these credentials will lead to the loss of HPC

Coin. So, the best way to store your login credentials securely is for the purchaser to store them in

one or more separate locations, preferably not in a public place or where strangers may appear.

2、Risks relevant to ether community core agreementHPC coins are developed on the basis of the ether community protocol, so any glitches,

unexpected functional issues or attacks on ether community core protocol could cause HPC coins or

Hash Power Coin applications to stop working or lose functionality in unexpected ways.Additional

information about the ether community protocol is available at www.ether community.org

3、Risks relevant to certificatesAny third party that obtains the purchaser's login credentials or private key may have direct

control over the purchaser's HPC currency. To minimize this risk, the purchaser must protect its

electronic device from unauthenticated access requests and access the device's contents.

4、Risks relevant to judicial supervisionTechnology of blockchain has already become the very judicial supervision of many countries.

And if those judicial supervision truly do some ill behaviors, then the HPC will be badly impacted like

the law forbidden, leading to the future development of HPC.

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5、Risks relevant to lack of public attentionIt is possible that Hash Power Coin applications are not used by a large number of individuals

or organizations, which means that the public is not interested enough to develop and develop

these relevant distributed applications. Such a lack of interest may have a negative impact on HPC

Coin and Hash Power Coin applications.

6、Relevant products fail meet with the standardHash Power application is currently under development, before issuing an official version

could make a big change, any HPC itself or buyers for HPC applications or the function of the HPC

currency or form (including the participants' behavior) expectations or imagination could not meet

expectations, any error analysis and the change of the underlying design could lead to this situation.

7、Risks about Hackers and stealingIt is possible for hackers or other organizations or countries to try to disrupt the Hash Power

Coin application or HPC Coin function in any way, including service attack, Sybil attack, attack, spit

attack or consistency attack.

8、Vulnerability risk or the risk that cryptography has evolved by

leaps and boundsAdvances in cryptography or other related technologies, such as quantum computing, may

bring the risk of cracking Tokens and Hash Power Coin, which could lead to the loss of HPC coins.

9、Risks relevant to lack of maintainingThe purchase of HPC coins should be considered as a support and investment for the

development of the next generation of e-commerce applications, rather than a speculative behavior.

Although HPC coins may have a considerable market value after a certain period of time, leading

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to large gains for early investors, such appreciation is not of much practical significance if the Hash

Power Coin platform lacks maintenance or has insufficient applications.

10、Risks relevant to lack of insuranceUnlike bank accounts or other financial institutions, storage on a Hash Power Coin account or

ether community, network is usually uninsured. In any event, no public organization or individual will

insure you against loss.

11、Risks relevant to equipment failureThe Hash Power Coin platform may be out of order due to various reasons and cannot provide

services normally.

12、Other unpredictable risksCryptographic Tokens are an emerging technology, and in addition to the risks mentioned in

this white paper, there are some risks that the blockchain industry and the Hash Power Coin team

haven't anticipated.

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