Schnorrs & Hashes
We are building an African blockchain infrastructure company
Africa's presence in the global blockchain industry is dismal, and our aim is to leverage already existing compute resources on the continent to begin to address this.
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Africa currently has next to no infrastructure participation to support the emerging global decentralized economy. In 2020, it hosted less than 0.5% of Bitcoin full nodes and almost no mining nodes.
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A concerted effort to deploy blockchain infrastructure on the continent must begin to take place immediately, and we intend to lead the charge.
Our Services
Coin Acquisition
Arbitrage and staking are other ways by which we can engage the decentralized economy for benefit. Hence, we make risk-weighted decisions to acquire or re-invest in order to keep our investors satisfied.
Currency Mining
Our facilities are dedicated to securing and validating transactions for a portfolio of carefully chosen, risk-weighted and fascinating blockchain projects that support the most interesting decentralized applications (DApps), including decentralized finance (DeFI).
Exchanges
We offer bridging services where there are short-term liquidity gaps to cryptocurrency exchanges and decentralized applications and thus, support uninterrupted service to their customers.
FAQ
Below are the some of the most frequently asked questions regarding Schnorrs & Hashes
What is the big idea behind Schnorrs & Hashes?
We are a relatively new company relying on a quick-fire strategy of mining cryptocurrencies designed for optimality on CPUs and resistant to high-end hardware, like ASICs. Our mining operations rely on cloud computing.
What is our business model?
Simply put, Shnorrs & Hashes is a cryptocurrency mining firm. We validate transactions on blockchain networks — like Monero — for block rewards and transaction fees for revenue.
How does Schnorrs & Hashes secure its crypto-assets?
Our digital currencies are held in cold storage solutions. Hence, lowering the risk of theft from hot storage (e.g. online wallets)