Hi Antzz:
Thank you for your question. There will be proof of earnings on the blockchain. As a lawyer, we have set up FracMine's accounting system to act similar to the accounting system used to protect client funds held by a law firms.
We have a separate wallet that acts like an escrow account for all clients' bitcoins earned by the mining rig. We are still setting up everything, and will likely delay the launch to make sure we answer all public questions to get it right. We will publish the public key so that everyone can check the blockchain to verify the amount of bitcoins deposited into the escrow wallet.
We will also publish a daily accounting of the bitcoins earned and transferred to pay operating costs; therefore, we have total transparency in our operations and verifiable by the blockchain.
As far as instantaneous hash rate, we do not currently have a software protocol that publishes the entire rig's instantaneous hashing rate. However, our programmers will look into developing this feature. Please do not hesitate to ask us any questions, and please tell your friends about our service.
Thanks,
Jason Melancon, CEO
Topic: The cheapest cloud mining contracts on the market in upcoming colored coins sale (Read 1923 times)
September 16, 2014, 04:20:57 AM
September 16, 2014, 02:28:00 AM
hi...
sounds great with cheap ghs and colored coins. Sale start 18 sept?
is there any proof like block or real time hash rate and earning from your miner?
i want to try to buy your share but still wait another confirmation
hope it's best for us in the future.
thx
sounds great with cheap ghs and colored coins. Sale start 18 sept?
is there any proof like block or real time hash rate and earning from your miner?
i want to try to buy your share but still wait another confirmation
hope it's best for us in the future.
thx
September 12, 2014, 04:43:20 AM
FracMine will start selling cloud mining contracts at $1.03 per Gh/s - the cheapest rate on the market.
It will take place as a colored coin crowd sale where every colored coin will represent 1 Gh/s and will be sold at $1.03.
Comparison with the competition:
- FracMine: $1.03 per Gh/s
- CEX.IO: $1.81 per Gh/s
- SkyCoinLab: $4.49 per Gh/s
- GroupBitcoin.com: $2.22 per Gh/s at enterprise price level
- MinerKing: $5.90 per Gh/s
- KnCMiner: $1.94 per Gh/s
- Cloudhashing.com: $2.999 per Gh/s at enterprise price level
The flexibility is maximum because every GH/s is represented by a colored coin, which you hold in your wallet. Unline CEX.IO, you can sell it to someone at any time, and at no fees.
More info: http://www.fracmine.com
It will take place as a colored coin crowd sale where every colored coin will represent 1 Gh/s and will be sold at $1.03.
Comparison with the competition:
- FracMine: $1.03 per Gh/s
- CEX.IO: $1.81 per Gh/s
- SkyCoinLab: $4.49 per Gh/s
- GroupBitcoin.com: $2.22 per Gh/s at enterprise price level
- MinerKing: $5.90 per Gh/s
- KnCMiner: $1.94 per Gh/s
- Cloudhashing.com: $2.999 per Gh/s at enterprise price level
The flexibility is maximum because every GH/s is represented by a colored coin, which you hold in your wallet. Unline CEX.IO, you can sell it to someone at any time, and at no fees.
More info: http://www.fracmine.com
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