Hashrental is a decentralized hashing power market place in the block chain technology developed by a high intellectual personal, through which sellers (miners) of hashing power are connected with buyers of the hashing power through smart contracts/decentralized escrows. This platform offers convenient and easy-to-use tools for all crypto-market participants to create as much profit as possible. Hashrental mining system and redirecting system have been tested and launched, over $544000 has already been paid to the MVP participants in crypto-currency. These platform has its own token called the ‘’LUHN COIN’’. The LUHN coin will be accepted as a payment for hashing power rent. hashrental platform offers the safest service that is needed by the market of rent hashing power.
Again, Hashrental is a marketplace that 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 $60 million. So this seemed like a problem that we could do something about.
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.
We’ve created the First Decentralized Hashing Power Marketplace.
How It Works?
Hashing electrical seller
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.
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.
TOKEN LAUNCH SUMMARY
LUHN technology is the ERC20 token standard, which stands for Requests for Comment, is a standard set of programming “rules”. Ethereum Blockchain is a distributed, open-source blockchain-based computing platform.
LUHN Token is an Ethereum based token representing the right to purchase and trade Hashing Power at a discount on the HashRental marketplace website. LUHN 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.
The hashrate is the measuring unit of the processing power of the cryptocurrency networks. Such networks must make intensive mathematical operations for security purposes. HashRental Marketplace for hashrate purchasing and trading. Token Launch means the initial sale to the public of LUHN tokens.
LUHN coin corresponds to the price of one-hour hashing power rent. A minimum amount of hashing power for 1 LUHN is determined by the current weighted average profit from mining altcoins for each algorithm. After the service is launched all users can exchange LUHN coins on hashing power and get profit.
The LUHN Token is one only token to allow holders to enter and exit cryptocurrency mining investments at any time at a cheap, profitable cost through its fast exchange and no having to buy expensive equipment.
Where can I get Tokens?
You will be able to buy tokens after the start of the ICO – on April 17th, 2018. To get your LUHN you have to create an account at Hashrental.io.
Which currencies can be used to buy tokens?
You can buy tokens with ETH.
What is LUHN token price during the ICO ?
Pre-Sale (April 17 – May 17, 2018) price of 1 LUHN is $0.024 (including a bonus 62% with minimum contribute 10ETH) and price of 1 LUHN is $0.029 (including a bonus 38% with minimum contribute 0.1ETH). Sale (May 18 – June 18, 2018) price of 1 Luhn is $0.04 (minimum contribute 0.1ETH).
What will happen to LUHN tokens if some of them are not sold ?
All unsold and undistributed tokens will be destroyed.
When will Luhn tokens be available on exchanges?
LUHN token will be available at the Crypto-bridge, Tidex, EtherDelta exchanges since June 2018 after the end of the ICO. Other exchanges will be available in Q4,2018.
What will guarantee that LUHN token rate will increase?
1 Luhn price on ico, without bonus = $0.04. Minimum profit from the mining of one hour with a Current approximate price that guarantees you some hashing power is $0.128, thus, the token rate will increase up to $0,128 after launching Hashrental system.
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.
The only existing large cryptocurrency mining marketplace has been hacked in late 2017. As a result, the market customers lost $60 million. The incident has occurred because of system use of a centralized storage of balances of the system participants. Our solution connects sellers (miners) of hashing power with buyers of hashing power through smart contracts, uses decentralized Escrow. HashRental system provides you the safest services. System reliability will attract customers and increasing Luhn coin price.
How is Hashrental different from other ICOs ?
Working MVP. Hashrental mining system and redirecting system have been tested and launched. $544000 has already been paid to the MVP participants in cryptocurrency.
Luhn coin backed by mining power and corresponds to the price of one-hour hashing power rent. Guaranteed profit investors 220-500% in June 2018. Hashrental is the First Decentralized Hashing Power MARKETPLACE.
DISTRIBUTION TOKEN & USE OF FUNDS
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.