Ethereum Pooling, Backing and Staking
Mithril Ore Token serves as a decentralized, novel utility for advanced mining/staking. It is first in the market to be backed by Ethereum. As a result, it will serve as the first ‘Casper’ mining/staking pool to the digital token Market. ‘Casper’ is known as the ‘Proof of Stake’ or POS upgrade of the Ethereum blockchain. This particular upgrade goes green regarding energy usage, in which the Ethereum blockchain no longer uses energy-wasting ‘Proof of Work’ mining, but rather, more secure, energy saving POS. In order for POS to be profitable for those with limited Ether, they will need to pool Ether with others. Mithril Ore is the first advanced staking pool to the market, providing access to POS mining, and will utilize this service in a crowd-friendly way.
For a better understanding you can take a look at the video below: