Hash AI Community,
We are pleased to announce a new update to our ecosystem, we understand the markets have been quiet but we have remained building consistently and developing industry leading tech in the background.
Hash AI remains a priority for the team. We want to be clear about where things stand, our commitment to outstanding rewards, and the direction we want to take the project.
Restrictions on large-scale power usage affecting our mining operations in the Middle East brought our primary revenue source to a halt. Unfortunately, those restrictions remain in place, and our miners are still offline.
However, we remain committed to paying all outstanding rewards owed through the Community Share Pool and HashMine, once mining revenue becomes available again. That commitment has not changed.
Our physical infrastructure has been central to Hash AI, but this disruption has highlighted the need to build a business that is less dependent on mining and the constraints affecting it. Through the relationships we have built over the past few years, we are exploring opportunities to expand the project in a new direction. We will share concrete details when those developments are confirmed.
We understand that the uncertainty has been frustrating. Thank you for your patience and continued support. From here, we will communicate more consistently, and we will work hard to rebuild confidence in the team's capabilities.
We look forward to sharing more details of our long-term development plan in the coming weeks!
