Bi-Weekly Update:
A couple things going on right now that I want to share.
• We are in talks with 2 large pools to get added very soon. This should put us on target for our 400GH/s goal by end of year. This will put us in the top 3 for the most mined scrypt coin.
• We are also starting to accept applications for voting and non-voting board members. These are the people who will make the decisions and help to shape the future and brand of Umbrella and it’s products. Members and non-voting members will get monthly invites to our meetings. Umbrella believes in community involvement to better extend our services and make them accessible to more people. We can only reach this goal as a team.
• Prerequisites: Members need to be holding 750ULTC, while voting members need to be holding 1500+ULTC.
• Apply for admission on our website
http://umbrella.holdings• As some of you may have heard, we will be opening up Umbrella-LTC to cover Litecoin losses starting in November. This is a huge undertaking and an industry first. We are committed to making crypto safer and more accessible. Board members get early access to this beta run. More on the beta program and Litecoin insurance later this week.
• We still have the bounty program going on for those that can get us on large pools. Up to 1 BTC is being offered depending on the amount of hash the pool manages. Payable in Umbrella-LTC or Bitcoin.
• Also, we did some good last week and really showed what Umbrella can do. If you missed the reimbursement, read it here:
http://umbr.la/inSuredMore to come later this week!
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