2024 High School Utah Entrepreneur Challenge finalists

1. Hash Hive Labs Inc.
Hash Hive Labs is a mobile crypto mining company.

2. Description of Business Idea
Hash Hive Labs is a mobile crypto mining company. Our first product is Hash Hive, an application that
may be downloaded on a smartphone that mines digital currency through the unused processing
power of users' phones.

3. Problem
Most mobile mining applications pay a low flat rate to all users and they mine a specific currency. If
that currency plummets in value, users' coin earning will also drop. Also, many mining applications
have a high withdrawal limit to cash out that is not realistic to meet in your lifetime which means they
are essentially scams that don't pay.

4. Market
Existing mobile crypto miners. Crypto mining enthusiasts who currently use a competitor's app.

5. Prototype