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HashByte

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HashByte is a renewable energy crypto mining company. HashByte Cloud-Mining was formed early 2018 as a means to provide green energy mining, which saves the planet as well as a safe and secure means of investment to those interested in either just getting started in the cryptocurrency space. This includes the creation of state of the art machines and grids that are energy efficient and that require less cooling. HashByte is already mining several different coins from HashByte mining facilities. They include Bitcoin, Ethereum, Litecoin, and Monero. The platform relies on cloud mining where investors don’t need to run the machines for themselves. Instead, they are purchasing smart contracts which allow them the mining rights in HashByte facilities.

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Overview

Project industryBlockchain Infrastructure
Product typePlatform
WhitepaperHashByte White Paper Open

What is HashByte

HashByte is currently beginning to solve this problem by liaising with renewable energy firms in Europe to create cloud mining contracts that rely only on wind and solar power. The technology is already there, and all that was needed was a team willing to use it to make green mining possible.

HashByte currently uses leased windmills and solar panels in different parts of the world to mine Bitcoin, Ethereum, Monero, and Litecoin efficiently and cost effectively. The benefit over conventional mining farms is that there are no high operating costs due to high energy bills and these savings are passed back to our contract holders. This allows us to increase the profits for investors on our platform.

We are currently issuing HSB tokens, an Ethereum based ERC-20 token for HashByte to raise funds for further research and development for the next stages of our plan. Sequentially we intend to create:

  • A green mining rig for miners that requires less energy to operate and returns higher profits because of that.
  • HashByte is also developing the HashByte EcoChain that will use consensus algorithms with low energy consumption.
  • Finally, the HashByte EcoChain will allow HashByte to offer a new cryptocurrency called Gash to users of the HashByte EcoChain. Gash will be secured, available internationally, fast and have no transaction fees because the consensus will be provided using energy efficient algorithms. An added benefit of the Gash coins is that they will be utility coins, and as such they will not be as volatile as the speculative coins in most other blockchain startups.
  • HashByte was formed with the aim of introducing green energy mining to the cryptocurrency industry. The aim is to set up the infrastructure that can facilitate truly green mining for investors and broaden the landscape for miners around the world. This includes the creation of state of the art machines and grids that are energy efficient and that require less cooling. Currently our facilities use cuttingedge renewable energy and no money is being paid to any electrical companies. Going forward we are creating an energy efficient architecture for our blockchain to ensure that mining costs and demands are low. The green mining rigs we are developing will also require less computing and energy power to mine Cryptocurrencies.

    We are already mining several different coins from our mining facilities. They include Bitcoin, Ethereum, Litecoin, and Monero. The platform relies on cloud mining where investors don’t need to run the machines for themselves. Instead, they are purchasing smart contracts which allow them the mining rights in our facilities. Since the energy demand is so low, the profits that HashByte is currently offering are substantially higher than in conventional mining farms.

    Details

    Pre-sales: Nov 01, 2018 - Nov 30, 2018
    Public sales: Dec 01, 2018 - Dec 18, 2018
    Token supply: 9,000,000
    Soft cap: 10,000,000USD
    Hard cap: 30,000,000 USD
    Raised: 17,000,000 USD

    Legal

    Registration country: United Kingdom

    Token info

    Ticker: HSB
    Type: Utility-token
    Token price in USD: 1 HSB= 1.69285545 USD
    Accepted currencies: BTC,ETH
    Token distribution:
    3% - Advisors
    9% - Change Believers
    25% - Reserved
    45% - Supply Flow
    Funds allocation:
    44% - GreenHash R&D
    15% - Operations
    26% - Marketing
    15% - Eco Developers

    HashByte Roadmap

    1
    Q4 2015

    We formed a team of climate change believers and cryptocurrency enthusiasts.

    2
    Q2 2018

    Launched was one of the first renewable energy cloud mining platforms.

    3
    Q4 2018

    Token generation event and Fundraising for GreenHash™.

    4
    Q1 2019

    EcoChain Test-Net would be rolled out in stealth mode to the eco developer community.

    5
    Q3 2019

    EcoChain Main-Net launch. Gash cryptocurrency would also be released to the public.

    6
    Q4 2019

    GreenHash would be released on a limited scale for testing.

    7
    Q1 2020

    GreenHash™ would finally be made available to the public on a large scale.

    Project team

    HSA Shankar
    HSA Shankar
    Member, BCCB
    HSA Shankar linkedin
    Thomas Saar
    Thomas Saar
    Member, BCCB
    Thomas Saar linkedin
    Charles Adenuoye
    Charles Adenuoye
    Member, BCCB
    Charles Adenuoye linkedin
    Carlo Buonpane
    Carlo Buonpane
    Member, BCCB
    Carlo Buonpane linkedin

    Social media

    HashByte web-siteHashByteYouTubeHashByte TelegramHashByte InstagramHashByte X (Twitter)

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