HASHRENTAL | First Decentralized Hashing Power Marketplace

https://hashrental.io/

ABOUT

HashRental marketplace connects sellers (miners) of hashing power with buyers of hashing power through smart contracts, decentralized Escrow. It offers convenient and easy-to-use tools for all crypto-market participants to create as much profit as possible. The only existing large cryptocurrency mining marketplace has been hacked in late 2017. As a result, the market customers lost about $60 million. So this seemed like a problem that we could do something about.

Problem

Existing other marketplace is a centralized service. It’s a point of weakness. It was only a matter of time until hackers decided to attack this platform, which is exactly what happened.

Solution

We've created the First Decentralized Hashing Power Marketplace.

HOW IT WORKS

• For Hashing power sellers:

Sellers (miners) can run HashRental software or connect their mining hardware (GPU Rigs, ASICS, Pcs and smartphones) to HashRental servers (stratum ports). Their hashing power is forwarded automatically:
• To the pool that the buyer has chosen for mining. Then Sellers get paid* in ETH for renting from smarts contracts after them confirms.
• To the HashRental pools, if there is no required volume of orders. Then Sellers get paid in ETH from HashRental pools.

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

*The price for rent is determined by the current weighted average and refreshed each minute.

• For Hashing power buyers:

• Select the cryptocurrency that you want to mine
• Select a pool on which you want to mine
• Set needed amount of hashing power
• Set needed order time period
• Place calculated amount (or more) of the Luhn coins into the smart contract*. This provides proof-of- funds and allows for a much safer trade. Then:

• Successfully confirms receipt of needed amount of hashing power, and releases the escrow.
• A party raises a dispute, and brings in a third-party arbitrator, giving them the keys to decrypt the messages and work with both parties to make a resolution.
  • Get reward from selected pool in cryptocurrency (Btc, ETH, and any other)
  Trade complete!
  *The smart contract allows users to safely exchange (Luhn coins → hashing power → any other cryptocurrency) with one another and pools, and to name a trusted third-party to mediate a trade if a dispute arises. 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.

MVP | MARKETPLACE STRUCTURE

ABOUT LUHN TOKEN

Token named for Hans Peter Luhn. Starting in the 1940s, Luhn devised machines and schemes for parsing information, most notably the now widely used hashing algorithm, which he suggested as a way to sort both numbers and text.
The ERC20 token standard, which stands for Ethereum Requests for Comment, is a standard set of programming “rules”. Luhn coin is Ethereum-based token. The Ethereum blockchain is a distributed, open-source blockchain-based computing platform.

TOKEN PRICING AT ICO

Don't miss the opportunity to participate in the token sale and become part of the first crowd.

MARKET RESEARCH

Global increases in electricity consumption result from an increasing existing hashing power in the world.
Miners gets profit for renting hashing power more than from mining on existing common pools.
It will be contributed to the popularity HashRental Marketplace and increasing Luhn coin price.

COMPARE TO COMPETITORS

ROADMAP

TEAM

For more information about HASHRENTAL visit here:
Website: https://hashrental.io/
Blog: https://medium.com/@hashrental
Twitter: https://twitter.com/hashrental
Facebook: https://facebook.com/hashrental
Telegram: https://t.me/hashrental
Presentation: https://hashrental.io/assets/images/presentation.pdf
nicehash killer

Author:
Username Bitcointalk: Ndika83
Profile link on Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1095588