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Board Service Announcements
Re: --Hashnet Main Thread - Decentralized Pure Bitcoin Cloud Mining--
by
hashnetmining
on 03/07/2015, 13:49:48 UTC
It seems to me that you business model is pretty centralized! Much the same as the other cloud mining services...
Care to explain how is your cloud mining service decentralized?

Hi Blawpaw,

Unlike other mining providers, where you can purchase a mining contract that either expires or becomes invaluable we sell our GH/s on an exchange. After the initial mining power offering, the price will completely depend on supply and demand, we will have no control over that. Also users have the opportunity to sell mine power whenever they want easily on the marketplace, again without our intervention, since they are selling their GH/s to another customer.

I hope this helps.

Have a nice day,

Hashnet

Well, It is still a nice idea and a good business. However, you shouldn't promote it as a decentralized cloud mining service, which in fact it isn't!

Nevertheless, I think you have a good business there, and I wish you best of luck!

Thank you very much. In the name of the dev team I really appreciate your positive comment. In the future we will do our best to make hashnet.co as decentralised as possible.

wish you the best,

Hashnet's Robert