GAMERHASH, a project that allows gamers to earn tokens by contributing computing power, is experiencing a surge in market interest.

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 When the computer is idle, instead of just leaving it on, why not run a mining program? You can earn tokens during your free time.
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By TechFlow
In the crypto market, there is a politically correct saying: "Don't speculate on old projects, speculate on new ones."
However, some obscure old projects often, unintentionally, achieve more impressive market performance during new narratives and cycles.
Last week, a token named GHX surged nearly 300% in just 2 days. As of the time of writing, after the price fell back, it started to surge again and has now attracted some attention in the crypto community.
It looks like a name confused with GMX, and with a market value of less than $20 million, coupled with the price surge, it's easy for people to think GHX is a newly emerged meme token.
However, public information shows that the project behind GHX is called GamerHash, and its team and company were established as early as 2017, with the token being released in 2019.
After experiencing bull and bear markets, the project is still attracting funds, which can be considered as a case of an old tree blossoming.
At the same time, the existence of a token from the ancient times, which has not entered the mainstream view, has a low market value, and recent dramatic price changes, has piqued our interest for research.
GamerHash's official website shows that the project's main business is to allow users to contribute their device's surplus computing power in exchange for mining rewards.
This description easily reminds you of RNDR, which also did graphics card mining and experienced a price surge.
But the difference is that GamerHash seems to be targeting gamers, and its business logic is more straightforward and self-consistent. In a nutshell: When a gamer's computer is idle, they can contribute surplus computing power for other business uses, mine to earn rewards, and use the rewards directly to purchase games or related peripherals.
It's like coming from gamers and going back to gamers.
And if you take a brief look at GamerHash's website, you'll find that it even supports logging in with Steam, which is quite appealing to gamers.
There are many projects in the crypto market that do business around gamers and games, and there are also many that contribute computing power for mining. However, projects that combine gaming and computing power, and even have a bit of DeFi flavor, are not common.
GamerHash may have hit the jackpot with the combination of three narratives, which is why its price has seen such a remarkable performance.
Is this "the player's version of RNDR" really a case of an old tree blossoming, or is it just a flash in the pan?
<h2>Targeting Players, Simple and Easy Mining</h2>
Upon closer examination of the project's documentation, we can find that GamerHash has some significant differences compared to other small coins:
It is fully functional, easy to understand, and has a good player base.
GamerHash was first launched in November 2017 and currently has over 740,000 registered users worldwide. As a player, you can easily log in to their website and complete the registration process.
The project's product mainly consists of three parts: the main application, platform, and mobile app.
Understanding these three parts is also very simple. The main application is used for mining on players' devices, the platform is used to estimate the computing power before mining and to use the tokens after mining, and the mobile app is used for real-time monitoring of mining and earnings, as well as an integrated wallet.
The main logic of the project is that players can earn and share their computing power by simply running the main application in the background on their computer. Additionally, GamerHash has launched a task marketing platform where players can earn project tokens by completing tasks such as playing a game.
One might ask about the details of what tokens GamerHash mines and how its mining program works.
First, it should be clear that when accessing GamerHash to contribute surplus computing power for mining, the tokens mined are not the project's own GHX, but various tokens that support PoW mining, including but not limited to the following:
So, in essence, GamerHash is more like a mining pool router and agent, collecting distributed player device computing power and then allocating it to mine different tokens as needed.
When a user opens the application, they will receive rewards based on the available computing power.
The project's algorithm matches the most optimized cryptocurrency with the user's hardware configuration and starts mining. The mined altcoins are automatically converted into Bitcoin. Everything happens in the background, and users don't need to be involved in the process. Most importantly, the GamerHash application can run almost anytime the user wants—even when they are sleeping or engaged in daily activities.
This reflects a player's version of maximizing idle resources:
When the computer is idle, instead of just leaving it on, why not run a mining program? You can earn tokens during your free time.
It's important to note that this is not a way to force people to mine, but rather a way to add a little extra during idle time. Gaming enthusiasts or frequent gamers can relate to this.
All mining earnings are automatically transferred to the user's wallet every day, provided that the total amount reaches the threshold of 0.01 mBTC (0.00001 BTC). Players don't even need to worry about what they are mining; GamerHash automatically converts it into BTC and deposits it into the wallet associated with the player's registered account.
It's worth noting that players don't even need to know their wallet's public and private keys; everything is set up silently.
Reusing idle resources, easy to access, and in reality, it provides players with a significant time and psychological advantage.
At the same time, GamerHash also provides an official earnings simulation estimate. For example, if your gaming computer has an RTX 3070 graphics card, you can earn $15 in a month of idle time, calculated at the current BTC price.
For crypto degens, $15 may not be much, but for a gamer, earning an extra $15 during idle time is not a bad choice. After all,
However, whether this type of mining keeps the graphics card running at full load or even overloaded for a long time needs to be investigated, as damaging the device itself may not be worth it.
<h2>Mining to Buy Games, Fulfilling a Gamer's Dream</h2>
In the crypto field, especially in the gaming sector, there has always been a contradiction between token earnings and actual utility.
Through crypto projects, you can earn rewards, but it's only for the sake of the rewards themselves. The common approach is to not play games, not care about the project, and just endlessly mine and sell.
But at least GamerHash has provided a very coherent reason for mining: to buy games.
As mentioned earlier, $15 may not be a concept that many non-gamers are familiar with; but it's worth noting that the perennially popular game "GTA5" is currently priced at $30. This means that by leaving your idle computer on, you can buy GTA for free in just two months.
There has always been a famous saying in the Steam player community called "One More to the Collection," which means getting a free game to expand your game library.
Can't afford it? You can afford it, but no one would refuse a free addition to their collection. This is the core logic of GamerHash's appeal to players.
On the GamerHash platform, there is even a game store. You can directly use the cryptocurrency you mine to purchase popular games such as "Elden Ring"; in addition, you can also use tokens to directly purchase gift cards from platforms like Netflix, Blizzard, or other game stores.
Sometimes, players just want to play games, and instead of focusing on cryptocurrencies, it's better to give tokens the utility of being able to buy games.
<h2>Token Situation</h2>
GamerHash's token is GHX. As mentioned earlier, the token's price had not seen much change until around JanuaryFrom the market news, it can be seen that there is no particularly substantial positive news for the GHX project. Therefore, the rapid rise in the token price is related to the project itself hitting the game, graphics card mining, and the multiple narratives of DePIN. It is more like a performance of finding suitable targets for fund mining.
And this surplus computing power can mine PoW coins, which also means that it can mine AI-related coins, in a sense, it has also hitched onto the concept of AI.
Speculate on the new, not the old, and there must be a reason to speculate on the old.
This wave of GHX blooming, considering its relatively low market value and social media fermentation, is expected to continue for a while.
The blessing of multiple narratives, as well as the contribution of resources by game players and the self-consistency of obtaining the game, have given this project some fundamental support.
Let's wait and see how it performs in the future.

GAMERHASH: A Detailed Analysis of the Project's Recent Surge in Market Interest