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The 12Ships token is used to power the 12Ships network. The company's marketing materials claim that they plan on developing a separate PoW blockchain called HashChain, as well as a mining pool that will use their own ASIC hardware.
| Ormeus is an industrial cryptocurrency mining operation. Their platform uses AI to optimize mining activity in order to devote resources to mining the most profitable coins. Revenues from their mining operations are reinvested into a reserve system through Ethereum smart contracts, and 40% of all cryptocurrency generated by the mining rigs will be reinvested into purchasing more hardware. The network is powered by the Ethereum-based ORME token.
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