About HashRental
HashRental marketplace connects sellers (miners) of hashing power with hashing power buyers 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 earnings of mining altcoins for each algorithm. Once the service is launched, all users can exchange Luhn coins on hashing power and make a profit
1 Luhn price in 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 buyers Hashing power
- Select the cryptocurrency you want
- Select the pool where you want to mine
- Set the number of hashing power needed
- Specify the time period of the required order
- 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 others ) The trade is over
MVP | MARKETPLACE STRUCTURE
MARKET RESEARCH
Global increase in electricity consumption resulting from increased hashing power in the world Miners benefit from leasing hashing power more than mining in existing public pools This will contribute to the popularity of the HashRental Marketplace and increase the price of Luhn coins.
Growth Projection of Mining Electricity Consumption as Percentage of Total Global Electricity Consumption
While Cryptocurrency Mining only currently consumes 0.13% of the world's electricity output, it is growing very fast.
The Crypto Energy Consumption Index estimates consumption has increased 29.98% over the past month. If the growth rate continues, and countries do not add any new generating capacity, Cryptocurrency Mining will :
- Greater than UK electricity consumption in October 2018 (309 TWh)
- Greater than US electricity consumption in July 2019 (3,913 TWh)
- Consume all the world's electricity in February 2020. (21,776 TWh)
The global increase in electricity consumption results from increased hashing power in the world And Miners benefit from leasing more hashing power from mining in existing public pools.
Today the widespread uncertainty and distrust in centralized existing services hire and buy hashing power and exchange services The reason for this encountered major security breaches :
- Two high profile Bitcoin thefts - Nicehash and e-commerce driven
- Quant malware exploit. As a result, the market customers lost $ million.
It will all contribute to the popularity of a decentralized and safest HashRental Marketplace service and it increases the price of LUHN coins
ABOUT LUHN TOKEN
Token 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 OF TOKEN AND USE OF FUNDS
- 62%: 620000K Luhan
- Total sales for LUHN: 384400K Luhn
- Total sales of LUHN: 235600K Luhn
- Pre-sale bonus: 62%
- Price ( with bonus ): $ 0.024
- Bonus pre-sale: 38%
- Price ( with bonus ): $ 0.029
- Selling Price: $ 0.04
Roadmap
TEAM HashRental
For detail information about our ICO you can also visit our website address below:
- Website : https://www.hashrental.io/
- Whitepaper : https://www.hashrental.io/assets/images/white.pdf
- Telegram : https://t.me/hashrental
- Facebook : https://facebook.com/hashrental
- Twitter : https://www.twitter.com/hashrental
Author Article : Boyambon07
ETH : 0xE4Dcb7142A7fB9E3090059B69CedfEb88B2D2690
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