Author

Topic: Gathering interest & opinions - SHA256 and SCRYPT mining in the cloud (Read 851 times)

newbie
Activity: 5
Merit: 0
I`m interested Smiley  I`ve send you PM about details Smiley I cannot wait to see it running Wink
newbie
Activity: 3
Merit: 0
Will you be providing photos and other proof of your hardware so we can know what we're buying into?
We can do that.
member
Activity: 99
Merit: 10
Will you be providing photos and other proof of your hardware so we can know what we're buying into?
newbie
Activity: 3
Merit: 0
Hi there!

We're in the middle of setting up a company, that - just like cex.io will be allowing normal users (not those who have enough to invest +10k USD in hardware). To mine in the cloud.

Unlike cex.io we want to be able to provide both SHA256 mining hardware (for mining BTC, PPC and TRC, you will be able to choose how to spend your mining power), and SCRYPT hardware (for mining LTC, BQC, DOGE, and many more).

Since all the project is still in development and we haven't decided yet on how many things shall be done, I would like to use this topic to get some suggestions about:

- what we should and what we shouldn't do
- what currencies should be supported (post your favorite currency you want to mine, and tell us why)
- is it better to use our own pool, connect to some other pool, or maybe setup p2pools (currently our plan is to start with using some public pool, then after we hit some speed target, switching to p2pool)
- should we sell cloud hardware shares and accept payments in BTC/LTC only, or maybe allow people who want to pay with fiat to buy from us? therefore allowing more newcomers to mine
- what about network security? To avoid that 51% problem that cex.io may cause, should we set some limit of our hashing power, ie: Bitcoin mining with no more than 25% of current network speed?
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