Eminer
Crypto Overview
Overview
Eminer (EM) is a cryptocurrency project that aims to provide a platform for cloud mining services. The project was launched in 2019 with the goal of making cryptocurrency mining more accessible to regular users by offering cloud mining contracts.
Purpose and Utility
The intended purpose of EM tokens is to serve as a utility token within the Eminer ecosystem, supposedly used for purchasing mining contracts and receiving mining rewards. However, recent investigation shows extremely limited information about current operations or active development.
Business Model Analysis
The business model theoretically revolves around providing cloud mining services, which is a halal activity in principle. However, there is minimal verifiable evidence of actual mining operations or infrastructure.
Real-World Adoption
Current on-chain data shows very low trading volumes and limited ecosystem activity. There is little evidence of substantial real-world adoption for the stated mining purposes.
Development Activity
Public repositories and development channels show minimal recent activity. The project's official communication channels and documentation are largely inactive or unavailable.
Crypto Impact
To assign a comfort level investing in Eminer from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Eminer.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.