Hashrental ICO and Token Sale Review
Hashrental is the first decentralized hashing power marketplace for purchasing and trading. Hashrate is the measuring unit of the processing power of cryptocurrency networks. LUHN Token will provide access to buying hashing power and discounts when purchasing different Hashrate for multiple cryptocurrency algorithms. LUHN Tokens will be accepted as a payment for hashing power rent.
To connect sellers (miners) of hashing power with buyers of hashing power through smart contracts and offer convenient and easy-to-use tools for all crypto-market participants to create as much profit as possible.
About the Project
Sellers (miners) can run HashRental software or connect their mining hardware (GPU Rigs, ASICS, Pcs, and smartphones) to HashRental servers. Their hashing power is forwarded automatically to the pool that the buyer has chosen for mining and to the HashRental pools if there is no required volume of orders. The price for rent is determined by the current weighted average and refreshed each minute.
For Hashing power buyers, they should select the cryptocurrency, the pool and the amount of hashing power required. Then as proof-of-funds, the calculated amount of LUHN coins are made into smart contracts. Hashing power buying is based on the “auction” style that smart contract in the marketplace is subject to. 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. The auction platform with the performance of the smart contract at HashRental is designed to offer security to both the buyer and the seller.
- Start Date2018-05-18
- End Date2018-06-19
- Payment Method
- Total Supply1000000000
- SectorCryptocurrencyBusiness ServicesPlatform
Rates & Bonuses
- 38% to 62%