Just days ago, Coinmine, a lesser-known crypto upstart, unveiled its first product — the fittingly named Coinmine One. For those who aren’t in the loop, the device, which resembles a tabletop gaming console or DVR, is a hardware cryptocurrency miner that is aimed at the common Joe. Coinmine, which has been backed by Anthony Pompliano, Product Hunt co-founder Ryan Hoover, the current Coinbase CTO, and others, believe that their piece of hardware can bring cryptocurrencies to the mainstream. A Coinmine investor told Coindesk:
Coinmine will democratize access to becoming a miner in a fun and approachable way that almost feels like playing a video game.