HashRental

Mei 03, 2018

connecting the seller with the buyer hashing power through a smart contract

ABOUT

HashRental marketplace connects sellers (miners) of hashing power with buyers hashing power through smart contracts, decentralized Escrow. It offers an easy-to-use and easy-to-use tool for all crypto-market participants to create as much profit as possible. The only existing large cryptocurrency mining market has been hacked by the end of 2017. As a result, market customers lose $ 60 million. So this seems like a problem we can do.

Problem:

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.

Solution:

We have created the First Decentralized Depressed Power Market.
OUR INVESTORS
Previous deal: Soros Fund Management
In negotiations: hedge funds, venture capital funds, private investors.

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.

HOW IT WORKS

For Hashing power sellers:

Sellers (miners) can run HashRental software or connect their mining devices (GPU Rigs, ASICS, Pcs and smartphones) to the HashRental server (stratum port). Their hashing power is automatically forwarded:
To the set that the buyer has selected for mining. Then Seller is paid * in ETH for renting from contract smarts after they confirm.
Go to the HashRental pool, if no order volume is required. Then Seller is paid at ETH from HashRental Pool.

This is all done automatically and the process does not require complicated technical skills.

The rental price is determined by the current weighted average and refreshed every minute.

For Hashing power buyers:

Choose the cryptocurrency you want
Choose the set where you want to mine.
Set the number of hashing power
needed. Set the required time period.
Place the calculated amount (or more) of Luhn coins into the smart contract *. It provides proof of funds and allows for safer trade. Then:
Successfully confirm the acceptance of the number of hashing power needed, and release escrow.
A party raises disputes, and carries a third party arbitrator, gives them the key to decrypt the message and work with both parties to make a resolution.
Get prizes from selected pools in cryptocurrency (Btc, ETH, and more)
Trade is complete!

Smart contracts allow users to exchange securely (coin Luhn → hashing power → other cryptocurrencies) with each other and pool, and name trusted third parties to mediate trades in case of a dispute. Currently, trusted mediators are always hashrental.io, but contracts will be adjusted in the future to switch to a reputable distributed arbitration pool.

MVP | MARKETPLACE STRUCTURE

ABOUT LUHN TOKEN The

tokens are named for Hans Peter Luhn. Beginning in the 1940s, Luhn designed machines and schemes to parse information, especially the hashing algorithm that is now widely used, which he suggests as a way to sort numbers and text.

The token standard ERC20, which stands for Ethereum Requests for Comment, is a set of standard "programming rules". Luhn coins are Ethereal-based tokens. Ethereum blockchain is a distributed computing platform based on open source blocks.

DISTRIBUTION TOKEN & USE OF FUNDS