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HashByte

HashByte

Created using Figma
Reports shows, Crypto miners are using more electricity than Serbia, Eric Holthaus calculated that by July 2019 Bitcoin would require more electricity than all of the United States and that by November of 2020, we’d use more electricity mining than the entire world. This sort of precipitous rise is stunning and poses great danger towards our climate in which its effects are already evident. Cryptocurrencies are here to stay but its environmental effects need to be addressed early on. HashByte ensues to foster the current cryptocurrency mining landscape towards a green/renewable model, annihilating the need for fossil fuel powered electricity.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • P2B
    HSB/ETH 5 one year ago
    $ 0.0001
    $ 3.81
    -
    -
  • P2B
    HSB/BTC 5 one year ago
    $ 0.0010
    $ 220.44
    -
    -
  • P2B
    HSB/USD 5 one year ago
    $ 0.0003
    $ 476.00
    -
    -
ICO
Dec 1, 2018
Dec 20, 2018
100% completed
Raised funds - no Data
Cap 10 000 000.00 USD
Hard cap 30 000 000.00 USD
past
Token Details
Ticker
HSB
Token Distribution
3% Advisors
9% Change Believers
25% Reserved
45% Supply Flow
Accepted Currencies
ETH, BTC, LTC, DASH, FIAT
Company Details
Registered Country
United Kingdom
Additional Details
KYC
Yes
Categories
Platform

About HashByte

As cryptocurrency adoption increases, experts have realized that there is a hidden impact of blockchain on the environment. Per the Guardian News, in a 1/17/18 article titled, Bitcoin’s energy usage is huge – we can’t afford to ignore it, “in November 2017, the power consumed by the entire bitcoin network was estimated to be higher than that of the Republic of Ireland. Since then, its demands have only grown. It’s now on pace to use just over 42TWh of electricity in a year, placing it ahead of New Zealand and Hungary and just behind Peru, according to estimates from Digiconomist. That’s commensurate with CO2 emissions of 20 megatons – or roughly 1 (million) transatlantic flights.”

Bitcoin alone produces 17.7 million tons of carbon emissions each day, and once other cryptocurrencies are included, the carbon emissions increase that number by close to 50 per cent. Also, the energy demand of mining rigs and mining farms is creating a huge strain on the limited supply of energy available. This added demand will only increase the likelihood of energy companies turning to more and more fossil fuels to meet the demand. The HashByte team noticed this, and they have embarked on a journey to create a more sustainable cryptocurrency mining approach. 

HashByte is currently beginning to solve this problem by liaising with renewable energy firms in Europe to create cloud mining contracts that rely only on wind and solar power. The technology is already there, and all that was needed was a team willing to use it to make green mining possible. 

HashByte currently uses leased windmills and solar panels in different parts of the world to mine Bitcoin, Ethereum, Monero, and Litecoin efficiently and cost-effectively. The benefit over conventional mining farms is that there are no high operating costs due to high energy bills and these savings are passed back to our contract holders. This allows us to increase the profits for investors on our platform.

Features

We are currently issuing HSB tokens, an Ethereum based ERC-20 token for HashByte to raise funds for further research and development for the next stages of our plan. Sequentially we intend to create:

  • A green mining rig for miners that requires less energy to operate and returns higher profits because of that.
  • HashByte is also developing the HashByte EcoChain that will use consensus algorithms with low energy consumption.
  • Finally, the HashByte EcoChain will allow HashByte to offer a new cryptocurrency called Gash to users of the HashByte EcoChain. Gash will be secured, available internationally, fast and have no transaction fees because the consensus will be provided using energy efficient algorithms. An added benefit of the Gash coins is that they will be utility coins, and as such, they will not be as volatile as the speculative coins in most other blockchain startups.

HashByte Roadmap

  • Q4 2015

  • We formed a team of climate change believers and cryptocurrency enthusiasts.

  • Q2 2018

  • Launched was one of the first renewable energy cloud mining platforms.

  • Q4 2018

  • Token generation event and Fundraising for GreenHash™.

  • Q1 2019

  • EcoChain Test-Net would be rolled out in stealth mode to the eco developer community.
    • Read More

  • Q3 2019

  • EcoChain Main-Net launch. Gash cryptocurrency would also be released to the public.

  • Q4 2019

  • GreenHash would be released on a limited scale for testing.

  • Q1 2020

  • GreenHash™ would finally be made available to the public on a large scale.

HashByte Team

Verified 20%

Attention. There is a risk that unverified members are not actually members of the team

Hsa Shankar
Member, BCCB
unverified
Chris Hastings
Member, BCCB
unverified
Thomas Saar
Member, BCCB
unverified
Charles Adenuoye
Member, BCCB
verified

12 ICOs

$19 758 682

Carlo Buonpane
Member, BCCB
unverified

HashByte Interviews

Charles Adenuoye
As a team member, сan you tell us about your role in the ICO project?
Charles is an original member of the HashByte mining pool which later emerged as BCCB - Blockchain and Cryptocurrency Change Believers.
What do you think about idea?
HashByte would revolutionize not only the future of cryptocurrency mining but also foster the Blockchain technology towards a green and bolder future.

HashByte Last News

$ 0.0003
Crypto Stats
Daily, %:
–
Weekly, %:
–
Monthly, %:
–
Market Info
Market Cap:
–
Volume 24h:
$ 475.83
Circ. Supply:
–
Ticker:
HSB
tge.hashbyte.io

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