Proposal: Update Interim Gen-1 Node Provider Remuneration After 48 months

Hi all,

Please find the information regarding the excess nodes that will be transferred to the new Node Provider: 100 Count Holdings, LLC

The signed handover statement, containing the same information as below, can be found here.

28 node machines will be transferred from Existing Node Provider (MI Servers, LLC) to the New Node Provider (100 Count Holdings, LLC). The following details outline the specifics of this transfer:

  1. Data Center Location:
    The 28 excess node machines will be operated by the New Node Provider in the following Data Center(s):
  1. Declaration of Independence:
    Both Existing Node Provider and New Node Provider declare that they do not have any majority control in each other’s operations, financial interests, or governance decisions. Each party operates independently, with no undue influence or control over the other’s activities.
  2. Node Deployment Confirmation:
    This has not been completed yet. However, the Existing Node Provider confirms that this will be completed during the process of redeploying the nodes to the new Node Operator record of the new New Node Provider during the transition period, which is approximately between February 12 and March 15, 2025.
  3. Reward Activation Date:
    The above-mentioned nodes will begin earning the new reward values as of February 1st, 2025.

Let me know if you have any questions.

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