Marketplace HashRental unites sellers (miners) of hashing power with buyers of hashing power through smart contracts, decentralized by Escrow. It offers convenient and easy-to-use tools for all criptoring participants to create the highest possible profit. The only existing large market of crypto-currency mining was hacked at the end of 2017. As a result, market customers lost $ 60 million. So it seemed a problem with which we could do something.
Problem:
The existing other market is a centralized service. This is the point of weakness. It was only a matter of time before the hackers decided to attack this platform, which happened.
Decision:
We created the first decentralized trading platform for hashing.
WHY OUR ICO?
Work MVP. Hashrental extraction and forwarding systems were tested and launched. $ 544,000 has already been paid to participants of MVP for crypto-currency
The minimum hashing capacity for 1 Luhn is determined by the current weighted average profit from the mountain altmoins for each algorithm. After starting the service, all users can exchange Luhn coins for hashing power and make a profit
1 Price Moon on ICO, without the bonus = $ 0.04. Minimal profit from production within one hour with the current approximate price, which guarantees you some hashing power - 0.128 US dollars, so the token will grow to 0.128 US dollars after the launch of the Hashrental system.
The decentralized platform allows users to safely exchange (Luhn coins → hashing power → any other cryptocurrency) with each other and pools.
For sellers of Hash power:
Sellers (miners) can run HashRental software or connect their intelligent hardware (GPU Rigs, ASICS, Pcs and smartphones) to HashRental servers (stratum ports). Their hashing power is transferred automatically: to the pool that the buyer has selected for extraction. Then the Sellers receive payment * in the ETH for the lease from the contracts for smartphones after their confirmation.
In the pools of HashRental, if there is no required volume of orders. Then Sellers receive money in ETH from the HashRental pools.
All this is done automatically, and the process does not require complex technical skills.
- The rental price is determined by the current weighted average value and is updated every minute.
For buyers of Customer Hashing:
Select the crypto currency you want to open.
Select the pool you want to host.
Set the necessary amount of hashing power.
Set the required time period for the order.
Put the estimated amount (or more) of Luhn coins into a smart contract *. This provides proof of funds and allows for a much safer trade. Then:
- Successfully confirms the receipt of the necessary amount of hashing power and frees the escrow.
- The party raises the dispute and attracts a third-party arbitrator, giving them the keys to decrypt messages and work with both parties to make a permit. Get a reward from the selected pool in the crypto currency (Btc, ETH and any other)
The trade is over!
- A clever contract allows users to safely exchange (coins Luhn → hashing → any other crypto currency) with each other and pools and call a trusted third party to broker in the trade if a dispute arises. Currently, the trusted intermediary is always hashrental.io, but the contract will be adapted in the future to move to a pool of distributed arbitrators based on reputation.
About LUHN TOKEN
The Token is named in honor of Hans Peter Luna. Beginning in the 1940s, Lun developed machines and schemes for analyzing information, primarily the widely used hashing algorithm, which he proposed as a way of sorting both numbers and text.
The marker standard ERC20, which stands for Ethereum Requests for Comment, is a standard set of programming rules. Coin The moon is a token based on the Etherium. The Ethereum flowchart is a distributed, open source, block-based platform.
HOW IT WORKS?
MVP | STRUCTURAL MARKET
Token Distribution
Useful links :
Website: https://www.hashrental.io/
White Paper: https://www.hashrental.io/assets/images/white.pdf
Telegram: https://t.me/hashrental
Facebook: https: // facebook. com / hashrental
Twitter: https://www.twitter.com/hashrental
Bitcointalk Bounty Thread
https://bitcointalk.org/index.php?topic=3617567.0