Review - HASHRENTAL MARKETPLACE (FIRST DECENTRALIZED HASHING POWER MARKETPLACE)

Hashrental is a decentralized hashing power market place in the block chain technology developed by a high intellectual person, 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 $ 544,000 has been paid to the MVP participants in crypto-currency. This 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 aforementioned market share has been hacked in late 2017. As a result, the market customers lost $ 60 million. So this seems like a problem that we can do something about.

PROBLEM AND SOLUTION

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.

WHY OUR ICO?

Working MVP. Hashrental mining system and redirecting system have been tested and launched. $544000 has already been paid to the MVP participants in cryptocurrency

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

1 Luhn price on ico = 0.00008ETH. Minimum profit from mining of one hour with Current approximate price is 0.000256ETH, thus, token rate will increase up to 0.000256ETH.

Decentralized platform allows users to safely exchange (Luhn coins → hashing power → any other cryptocurrency) with one another and pools.

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!

Hashing power buying is based on the "auction" style that smart contract in the marketplace is subject to. When buyer winning in an auction sellers start implement order. This is:

Needed amount hashing power.
Duration of the contract.

*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.

The auction platform with performance of the smart contract at HashRental is designed to offer security to both the buyer and the seller.

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

TOKEN DISTRIBUTION

62%: 620000K Luhn

Pre-sale total number of LUHN: 384400K Luhn

Sale total number of LUHN: 235600K Luhn

Bonus Pre-Sale: 62%

Price (including bonus): $ 0.024

Bonus Pre-Sale: 38%

Price (including bonus): $ 0.029

Sale price: $ 0.04

ROAD MAP