Bitcoin News Today: BlockDAG Launches Hybrid Mining Model With 2.5 Million App Users and 18,000 ASIC Units Sold

BlockDAG is redefining access to cryptocurrency mining by introducing a dual approach that combines a mobile app for casual users with professional-grade ASIC hardware for institutional participants. This strategy aims to democratize mining and expand participation beyond those with specialized equipment or technical expertise. The platform currently has over 2.5 million active users on its X1 mobile miner app and has sold 18,000+ ASIC mining units globally, signaling strong early engagement and belief in the network’s potential [1].

The X1 miner app allows users to simulate mining BDAG tokens directly from their smartphones. Although the app does not produce actual blocks, it serves as an accessible on-ramp for new users to learn about mining and the underlying technology. It simplifies the process with no setup, no fees, and a clear reward structure tied to future token distribution. This model is particularly impactful in regions with limited access to hardware or exchanges, helping to onboard and educate a broader audience [1].

In parallel, BlockDAG’s ASIC hardware sales are critical to securing the network’s decentralization and long-term sustainability. These high-efficiency miners are designed for PoW-based block validation, ensuring robust network security. The geographic distribution of these units helps prevent hashrate centralization, a challenge faced by larger networks such as Bitcoin [1]. The purchase of ASIC hardware also reflects investor confidence in the project’s roadmap, especially as the mainnet launch approaches.

BlockDAG’s hybrid architecture — combining DAG and PoW — enables high throughput of between 2,000 and 15,000 TPS, outperforming traditional PoW networks like Bitcoin or Ethereum. The DAG component allows asynchronous transaction processing, enhancing scalability, while PoW ensures decentralization and Sybil resistance. This dual-layer approach is rare in the crypto space, as most projects prioritize either accessibility or security. BlockDAG is uniquely positioned to offer both [1].

The platform has already sold over 24.3 billion BDAG tokens and raised $359 million through pre-sales. Users who purchase BDAG tokens, including those earned via mining, are automatically entered into a 10 BTC Auction Pool, further incentivizing early participation. The current presale price of $0.0016 is set to end on August 11, after which the token will be listed on over 20 exchanges at a target price of $0.05 [1].

For users engaging with the X1 app or purchasing hardware, the value of their mining activity is tied to the token’s real-world liquidity. As the mainnet nears launch, the focus is shifting from simulation to execution, with the network preparing to transition into a fully operational decentralized system.

By combining mobile accessibility with professional infrastructure, BlockDAG is creating a more inclusive and distributed crypto ecosystem. The success of its app and hardware sales demonstrates significant demand and sets a new blueprint for how networks can scale mining while maintaining user accessibility and network security [1].

Source:

[1]https://coinmarketcap.com/community/articles/688eb5b2f755b03fefb012e7/