HASHRENTAL – FIRST DECENTRALIZED HASHING POWER MARKETPLACE
What is HashRental Marketplace:
HashRental marketplace connects sellers (miners) of hashing power with buyers of hashing power through smart contracts, decentralized Escrow. It offers convenient and easy-to-use tools for all crypto-market participants to create as much profit as possible. The only existing large cryptocurrency mining marketplace has been hacked in late 2017. As a result, the market customers lost $60 million. So this seemed like a problem that we could do something about.
There is another market is a centralized service. That’s the point of weakness. It’s only a matter of time until the hackers decide to attack this platform, just as it did.
We have created the First Decentralized Depressed Power Market.
Previous deal: Soros Fund Management
In negotiations: hedge funds, venture capital funds, private investors.
HOW HASHRENTAL WORKS:
- For Hashing power sellers:
Sellers (miners) can run HashRental software or connect their mining hardware (GPU Rigs, ASICS, Pcs and smartphones) to HashRental servers (stratum ports). Their hashing power is forwarded automatically:
•To the pool that the buyer has chosen for mining. Then Sellers get paid* in ETH for renting from smarts contracts after them confirms.
•To the HashRental pools, if there is no required volume of orders, Then Sellers get paid in ETH from HashRental pools.
This is all done automatically and the process does not require complex technical skills. *The price for rent is determined by the current weighted average and refreshed each minute.
- For Hashing power buyers:
•Select the cryptocurrency that you want to mine
•Select a pool on which you want to mine
•Set needed amount of hashing power
•Set needed order time period
•Place calculated amount (or more) of the Luhn coins into the smart contract*. This provides proof-of- funds and allows for a much safer trade. Then:
- Successfully confirms receipt of needed amount of hashing power, and releases the escrow.
- A party raises a dispute, and brings in a third-party arbitrator, giving them the keys to decrypt the messages and work with both parties to make a resolution.
•Get reward from selected pool in cryptocurrency (Btc, ETH, and any other)Trade complete!
Hashing power buying is based on the “auction” style that smart contract in the marketplace is subject to. When buyer winning in an auction sellers start implement order. This is:
• Needed amount hashing power.
• Duration of the contract.
*The smart contract allows users to safely exchange (Luhn coins →hashing power → any other cryptocurrency) with one another and pools, and to name a trusted third-party to mediate a trade if a dispute arises. Currently, the trusted mediator is always hashrental.io, but the contract will be adapted in the future to switch over to a reputation-based
distributed arbitrator pool.
The auction platform with performance of the smart contract at HashRental is designed to offer security to both the buyer and the seller.
WHY OUR ICO?
MVP Works. Hashrental mining systems and diversion systems have been tested and launched. $ 544,000 has been paid to MVP participants in cryptocurrency
The minimum amount of hashing power for 1 Luhn is determined by the current weighted average of altcoin mining for each algorithm. After the service launches, all users can exchange Luhn coins on hashing power and earn
1 Luhn price on ico, without bonus = $ 0.04. The minimal advantage of an hourly mining with current approximate price guaranteeing you some hashing power is $ 0.128, thus, the token rate will increase to $ 0.128 after launching the Hashrental system.
Decentralized platforms allow users to exchange securely (Luhn coin → hashing power → other cryptocurrency) with each other and pool.
TOKEN PRICING AT ICO
Don’t miss the opportunity to participate in the token sale and become part of the first crowd.
Any tokens not sold will be burned.
The ETH/USD conversion rate was determined to the token sale start (April 17, 2018).
WHO CAN GAIN PROFIT OUT OF THE ICO?
a. For Traders
After the Ico Investors will be able to Exchange LUHN Tokens for other digital currencies or fiat money on cryptocurrency exchanges and gain guaranteed profit
b. For User
Buying LUHN Tokens, users will support the successfull and fast-developing project and will be able to Rent hashing power with LUHN for a better price and gain profit from mining.