Is it just for miners? Or who are your core audience?
For Hashing power sellers (Miners):
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 (any, who want to get profit):
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.
