Hashrental

Hashrental

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Created using Figma

Last Update

5 giu 2018

HASH RENTAL is a decentralized hashing power market-place that connects the sellers (miners) of the hashing power with buyers through smart contracts and decentralized Escrow.The platform enables buyers and sellers of hashing power to easily connect as kit creates a convenient and easy tool to use by all the crypto market participants enabling them to generate a greater profit.
Sale
18 mag 2018
19 giu 2018
100% completed
$22 093
327
hard cap
obbiettivo
berretto
44% obbiettivo completed
Obbiettivo 49 600 USD
berretto 5 000 USD
Hard cap 49 600 USD
past
  • 1 LUHN
    =
    0.00008 ETH
Pre-Sale
17 apr 2018
17 mag 2018
100% completed
$5 403
327
hard cap
berretto
10% hard cap completed
berretto 5 000 USD
Hard cap 49 600 USD
past
  • 1 LUHN
    =
    0.000048 ETH
Token Details
Ticker
LUHN
Additional Details
Platform
Ethereum

Di Hashrental

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. Existing market of rent hashing power needs the safest services that the HashRental can offer.

HashRental marketplace has it’s own tokens (LUHN COIN). LUHN will be accepted as a payment for hashing power rent. LUHN coin corresponds to the price of one hour hashing power rent. Minimum amount of hashing power for 1 LUHN is determined by the current weighted average profit from mining altcoins for each algorithm. After the service is launched all users can exchange LUHN coins on hashing power and get profit. The LUHN Token is one only token to allow holders to enter and exit cryptocurrency mining investments at any time at a cheap, profitable cost through its fast exchange and no having to buy expensive equipment.

Caratteristiche

WHAT WILL GUARANTEE THAT LUHN TOKEN RATE WILL INCREASE?

  • 1 Luhn price on ico, without bonus = 0,00008ETH. Minimum profit from mining of one hour with Current approximate price that guarantee you some hashing power is 0.000256ETH, thus, token rate will increase up to 0.000256ETH after launching Hashrental system. 

  • Global increases in electricity consumption result from an increasing existing hashing power in the world. Miners gets profit for renting hashing power more than from mining on existing common pools. It will be contributed to the popularity HashRental Marketplace and increasing Luhn coin price.

  • Today of widespread uncertainty and distrust in existing centralized services of renting and buying hashing power and exchange services. Reason for this suffered a major security breach. Hashing Power Marketplace must be Decentralized. This idea formed the basis of our project. HashRental is a FIRST decentralized hashing power marketplace

     

    It all will be contributed to the popularity decentralized and safest service HashRental Marketplace and that's increasing LUHN coin price.  

Informazioni tecniche

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 auction platform with performance of the smart contract at HashRental is designed to offer security to both the buyer and the seller.
*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.

Hashrental Roadmap

  • July, 2017

  • Market research
    Hashing power marketplace concept development
  • Aug., 2017

  • Development of the platform's architecture
  • Sept., 2017

  • Product MVP development
    Mining rigs power-sharing services launched
    Payments to MVP customers
  • Dec., 2017

  • Decentralized marketplace concept development
    Company registration
  • Leggi di più
  • Jan., 2018

  • Development of the Redirecting mining system
    Website development
  • Feb., 2018

  • Prepare for ICO
    Smarts contract development
  • April-June, 2018

  • Token Sale
    Interface development
  • June, 2018

  • LUHN coin public exchange listing
    Upgrade servers
    Launching Hashrental release version (accepting tokens for rent)
    Marketing campaign A
  • Aug., 2018

  • Hashing power smart system development
  • Sept. - Oct., 2018

  • Programm Smart miner for customers (development)
  • Nov., 2018

  • LUHN coin public new exchanges listing
  • Dec., 2018

  • Launching Management smart system on Hashrental platform
  • Jan., 2019

  • Launching of full-service Hashrental marketplace
    Marketing campaign B
  • 2019

  • Further expansion of facilities

Attività

Attività:
112
MEDIUM
Messaggi:
928
HIGH
Visualizzazioni:
12 597
VERY HIGH
Activity:
112
MEDIUM
Merit:
0
VERY LOW
Posts:
600
HIGH
Views:
8 533
HIGH
Users:
318
HIGH
Seguaci:
3 001
MEDIUM
tweets:
83
LOW

Squadra

verificata 100%

Co-Founder
verificata
CDO & Co-Founder
verificata
Chief Executive Officer
verificata
CTO & Blockchain Developer
verificata
Business Development
verificata
Data Privacy and Cybersecurity Advisоr
verificata
Marketing Director
verificata
Blockchain Developer
verificata
Blockchain Developer
verificata
Blockchain Developer
verificata

Hashrental Interviews

Ian Edwards
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Co-founder Hashrental. Hashing Power Marketplace must be Decentralized. This idea formed the basis of our project HashRental.io.
Janice Hopkins
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The LUHN Token is one only token to allow holders to enter and exit
cryptocurrency mining investments at any time at a cheap, profitable cost
through its fast exchange and no having to buy expensive equipment.
Philipp Schnabel
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm proud to be working on this project.
Omkar Patel (Abhidian)
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CTO & Blockchain developer
Larry Kim
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
A First decentralized hashing power marketplace
Tobias Weiss
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Data privacy & Cybersecurity administrator
Sandra Markevich
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Marketing
Narendra Santra
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Blockchain developer
Sarvesh Singh
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Blockchain developer
Sayan Dey
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Blockchain developer

Last News

4.00
positive
5.0 20
Profilo ICO Visione Attività Potenziale Prodotto Squadra

Hashrental Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

HASH RENTAL is a decentralized hashing power market-place that connects the sellers (miners) of the hashing power with buyers through smart contracts and decentralized Escrow.

PROS:

  • The use of smart contracts enables the users to carry out safe and secure exchange  of the LUH Coins, hashing power with  other cryptocurrencies  with one another
  • The users can easily resolve their  disputes in the event that a dispute arises between them as the platform use enables them to  choose a trusted mediator  to resolve the disputes without  favoring anybody
  • The platform use is simple and user-friendly as it enables the buyers to easily choose  the cryptocurrency  they intend to mine and set amount of hashing power without any restrictions
  • The platform rental prices are automatically generated and refreshed every time  without depending on any third party intermediaries  hence affordable to the buyers
  • The use of LUH toke promotes transparency of the platform  as it complies with the ERC-20 standards enabling the platform to secure the user’s information
  • The platform team involved is adequate with full potential relevant to the project execution  based on their skills and experience related to the project requirements

CONS:

  • The project white paper is not elaborate  lacking more information for the user’s  awareness about the project
  • The LUH token is not easily exchangeable with fiat currency limiting the people in  remote  from buying the hashing power
  • The amount of  funds  raised by the token during the pre-ICO stage  is not insured which can lead to its  loss

SUGGESTIONS:

  • The platform white paper should be more detailed bearing the team involved and the roadmap
  • The platform should set an insurance company  to secure the funds raised during the pre-sale stage
  • The platform LUH tokens should be made exchangeable with  fiat to enable people in remote areas to use the platform

NOTE:

The platform enables buyers and sellers of hashing power to easily connect as kit creates a convenient and easy tool to use by all the crypto market participants enabling them to generate a greater profit. This makes the project viable and I would invest in it.

Leggi di più
cryptorated.com
review

Differentiation: The platform differentiates itself from other mining pools by creating a marketplace for users to buy and sell hash power. Compared to marketplaces such as those from NiceHash, HashRental aims to make their marketplace decentralized by developing an escrow service and by using smart contracts with LUHN tokens.

Market Penetration Potential: The demand for a crypto-mining marketplace is uncertain due to the future development of consensus protocols. Although, for the time being, there is value with providing a decentralized marketplace for hash power as opposed to one which is centralized, such as NiceHash.

Solution Advantage: The strongest competitive advantage of the platform is that the platform is decentralized. Otherwise, the advantages of the platform is not evident.

Long-Term Vision: The overall purpose of the platform is to attempt to alleviate current issues with mining cryptocurrency. As more cryptocurrencies move to a more energy efficient consensus protocol, the platform will struggle to remain useful to users.

Leggi di più
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