The Zetta Ethereum Hashrate Token whitepaper was released by the Icarus.finance core team in March 2021, aiming to address the high hardware and technical barriers of traditional cryptocurrency mining and provide a new solution for participating in Ethereum mining and earning rewards without owning mining hardware.
The theme of the Zetta Ethereum Hashrate Token whitepaper is “Decentralized Mining Participation Through Hashrate Tokenization.” What makes Zetta Ethereum Hashrate Token unique is its hashrate token model: by staking ZETH tokens, users can not only earn ETH mining rewards but also receive ICA (DeFi + governance) allocations, achieving interoperability between mining and DeFi; its significance lies in greatly lowering the threshold for individuals to participate in cryptocurrency mining and introducing a new mining reward model to the DeFi ecosystem.
The original intention of Zetta Ethereum Hashrate Token is to create a decentralized, hardware-free Ethereum mining participation platform. The core viewpoint presented in the Zetta Ethereum Hashrate Token whitepaper is: by tokenizing mining hashrate and combining it with DeFi governance mechanisms, it provides convenient mining rewards while ensuring decentralized community control over mining direction.
Interested researchers can access the original Zetta Ethereum Hashrate Token whitepaper. Zetta Ethereum Hashrate Token whitepaper link:
https://icarus.finance/Whitepaper.pdfZetta Ethereum Hashrate Token whitepaper summary
Author: Noam Ben-David
Last updated: 2025-11-01 10:58
The following is a summary of the Zetta Ethereum Hashrate Token whitepaper, expressed in simple terms to help you quickly understand the Zetta Ethereum Hashrate Token whitepaper and gain a clearer understanding of Zetta Ethereum Hashrate Token.
Sorry, friend! I tried to find the official whitepaper and detailed information for Zetta Ethereum Hashrate Token (ZETH), but was unable to obtain the latest, accessible whitepaper link. Therefore, based on the publicly available information I could find, I’ve put together a brief introduction to this project for you. Zetta Ethereum Hashrate Token (ZETH) is a cryptocurrency project designed to allow ordinary users to participate in Ethereum mining. You can think of it as a kind of “mining share certificate.” For example, if you want to mine, you usually need to buy expensive specialized equipment and consider electricity costs, maintenance, and other issues—like running your own farm. The ZETH project, on the other hand, divides a large mining farm into many small shares, with each share corresponding to one ZETH token. By holding ZETH, you essentially own a portion of the farm’s “mining power” (that is, hashrate). By holding and staking (Staking means locking up your tokens to support the network) ZETH tokens, you can regularly receive Ethereum (ETH) mining rewards without having to purchase or maintain any mining equipment yourself. It’s like investing in farm shares and receiving dividends regularly, saving you the trouble of farming and managing the farm yourself. In addition, the ZETH project is also associated with an ecosystem called `icarus.finance`. Within this ecosystem, besides mining rewards, ZETH holders may also receive another token called ICA. ICA tokens can be used not only for DeFi (decentralized finance, which you can think of as various financial services on the blockchain), but also have governance rights, meaning ICA holders can participate in voting to decide the project’s future direction, such as which cryptocurrency to mine next, etc. ZETH tokens currently run on the BNB Smart Chain (BSC). However, according to current market data, ZETH’s market activity and liquidity appear to be low, with relatively small trading volume and market capitalization. Please note that the cryptocurrency market is highly volatile and every project carries risk. The above information is for project introduction only and does not constitute any investment advice. Be sure to conduct thorough independent research before making any investment decisions.
Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.
