Haru Invest, a digital asset management platform, announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re.
Haru Mining explains that it “represents a strategic expansion of Haru Invest’s suite of digital asset investment services, opening users to earn strong returns from the company’s access to environmentally friendly crypto mining via its recent investment in stranded energy miner”
Pow.re. users who “lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re’s digital asset mining.”
Hugo Lee, CEO of Haru Invest, said:
“At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all. Mining has always been an area of interest for Haru Invest, and we’re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities.”
Sustainable Mining and Stable Returns
Haru Invest began mining Bitcoin in January 2023 “following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining.”
Pow.re has been “mining for years and its mining facilities are approved by the Canadian and Paraguayan governments.”
Haru Invest’s partnership “with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining.”
Because Haru Invest “has been mining since January — when the price of Bitcoin was around $16,500, roughly 40% lower than its current price — it already holds significant dividends for payouts of its new mining tool.”
Investor deposits will “go toward expanding Haru Invest’s mining facilities so the company can add additional miners and mining devices, and investors’ principal will be guaranteed based on profit from the new miners.”
Its mining investment product “offers users a long-term investment vehicle with competitive earn rates and no principal loss.”
More details on Haru Mining:
- Lockup period: 3 years
- Principal: USDT
- Annual Dividend rate: Up to 16%
- Payout: BTC
- Price of Bitcoin: CoinMarketCap’s closing price 2 days before the round opens
- Minimum lockup amount: 20 USDT
- First sale pool size: 2,000,000 USDT
- First round open date: April 24th
- First round end date: When pool reaches its limit
Haru Invest reportedly “offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits.”
Since its founding in 2019, Haru Invest claims it “has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal.”