ICOlert

HASHRENTAL: First Decentralized Hashing Power Marketplace

Written on 05/03/2018
Mike Mikkola


Nicehash KILLER. Need for a decentralized platform for hashing power rent. Today of widespread uncertainty and distrust in existing centralized services of renting and buying hashing power and exchange services. Reason for this suffered a major security breach. The only existing large cryptocurrency mining marketplace has been hacked in late 2017. As a result, the market customers lost $60 million.

Problem:
Nicehash is a centralized service. It’s a point of weakness. More specifically, Nicehash is a website which controls payments on behalf of users until the agreed-upon mining contracts are fulfilled. Moreover, it is responsible for handling refund requests, which means a lot of money flows through its wallets on a weekly basis. It was only a matter of time until hackers decided to attack this platform, which is exactly what happened.

Solution:
Hashing Power Marketplace must be Decentralized. The first such platform is HashRental.io. 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. At the moment HashRental mining system and redirecting system have been tested and launched. $544000 has already been paid to the MVP participants in cryptocurrency.

HashRental marketplace has its own tokens (LUHN COIN). LUHN will be accepted as a payment for hashing power rent and it corresponds to the price of one-hour hashing power rent. The 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. Global increases in electricity consumption result from an increasing existing hashing power in the world. Market of rent hashing power needs the safest services that the HashRental can offer.

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.

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.

Pre-Sale: April 17 - May 17, 2018
Bonus: 62% and 38%

ICO: May 18 – June 18, 2018
The price: 0.1ETH = 1250 LUHN

The total amount of tokens: 1 billion
Soft Cap: 5000ETH
Hard Cap: 49600ETH
Payment: Accepted Forms of Payment: Ether (“ETH”)