Introduction

Titan's goal is to make mining as highly optimized, efficient, and decentralized as possible.

The majority of the crypto market cap is still very much proof-of-work, and obviously dominated by Bitcoin itself. As long as proof-of-work exists in the ecosystem, we will still use mining as the chief means of securing a decentralized system.

Mining has become an industry that generates tens of millions of dollars a day. Hashpower has therefore become a new class of commodity in all but one very important aspect: it still lacks an effective and transparent means by which it can be bought, sold, and verified as authentic and available. Titan is tokenizing hashpower, launching a trillion-dollar resource on the market to be traded worldwide.

Currently, mining operations get driven to locations with –

1) Cheap electricity (the biggest factor)

2) Jurisdictions with favorable regulation

3) Stable, reliable electricity

Wherever these three factors are present, there is a strong attraction for mining companies to establish a presence (and conversely, wherever one or more is missing, it is hard for miners to get a foothold). These driving factors, therefore, focus and centralize crypto mining infrastructure in very specific locations, to the exclusion of all others.

In addition, mining has moved from general-purpose computers to increasingly specialized rigs, meaning large amounts of start-up capital are needed to begin a mining operation. As a result, the landscape today is dominated by miners who have large amounts of start-up capital, and are located in certain geographical zones. Customers in all other countries, though eager to buy hashpower, are basically shut out of this enormous market.

Titan aims to allow people to invest and buy hashpower with less risk and greater ease. We do this by tokenizing hashpower.