Hashrental ICO and Token Sale Review
Hash Rental is a decentralized platform where users can come together to form a market place for the buying and selling of hashing power. This ensures that the needs of both miners who want to capitalize on their additional power, and potential miners who wish to purchase more mining power can be accommodated in a safe and transparent way.
Project Outline and Objectives
The huge rise in cryptocurrency mining in recent times corresponds with the rise of blockchain technology and its increasing uses. Mining coins, whilst not possessing huge barriers to entry, does require a certain amount of computing has power. The more hash power you have in your operation, the more you can mine.
Until now, it has not been possible to trade in hashing power to any trustworthy degree. This is where HashRental enters the equation. The seller of the hashing power connects to the platforms servers. This initiates an auction buying process for the hashing power they wish to distribute. Potential buyers connect to and bid on this auction with the winner receiving the designated hashing power.
The auction contracts determining the hashing power and length of the contracts are all formed as smart contracts which are fully transparent and secure. Hashrental is acting as a mediator in the secure transaction.
The team behind the project are hopeful that the native coin will launch on exchanges in the fourth quarter of 2018, whilst the marketplace will be fully implemented in early 2019.
- Start Date2018-05-18
- End Date2018-06-19
- Payment Method
- Total Supply1000000000
- SectorCryptocurrencyBusiness ServicesPlatform
Rates & Bonuses
- 38% to 62%