Mintsy Mining Contracts Simple to Use and Backed by Proof of Mining
Disclosure: Mintsy provided us with a 100 gh/s contract to test the features while it is in beta mode. Mintsy, a new cloud mining service that is part of the Cryptsy ecosystem is currently in beta invite only. We were able to get an invite and test the service as it stands so far. Mintsy has several interesting features not the least of which is proof of mining. When you first log into Mintsy, you will see they have a very detailed wizard that helps guide you through your options. The menus are simple and easy to access. Mintsy provides contracts for Scrypt Mining and SHA-256/Bitcoin....
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Mintsy recently announced a launch of its new cloud mining service as the first digital currency cloud mining company to use proof-of-reserves, accomplished through cryptographic proof-of-hashrate. Bitcoin Magazine sat down with Marshall Long, who is the CTO of Cryptsy, and more recently CTO and board member at Mintsy, to discuss what he says is unprecedented innovation in the realm of cloud mining. Mintsy provides users with malleable contracts, which assuages any worries on being locked into a contract they no longer need. Long says users are "able to sell their remaining contract time....
Bitcoin mining company Mintsy announced its new services of using proof-of-reserves and proof-of-hashrate. The company offers flexible and low-cost contracts to users, which means that they are not locked into any service they no longer need. According to Mintsy CTO Marshall Long, users can be able to sell their remaining contract time on the Mintsy marketplace where other folks may want a shorter contract and can bid on contracts that are up for sale by the user. Bitcoin Mining Features. As of now, Mintsy offers SHA-256 and Scrypt contracts ranging with flexible three-month and six-month....
Australian bitcoin company digitalBTC has launched digitalX Mintsy, a new service that allows users to lease their computer processing power for cryptocurrency mining and trade contracts via its online marketplace. The service allows users with specialised cryptocurrency mining equipment to lease their hashing power to others. Contract buyers are able to apply this computing power across multiple algorithms and mining pools. Contracts for come in a variety of configurations called 'hashflexs' (100 GH/s, SHA256 algorithm), 'liteflexs' (100 MH/s, scrypt algorithm) and 'xflexs' (100 MH/s,....
DigitalBTC and Cryptsy are building a new platform called digitalX Mintsy that will offer both tradable mining contracts and mining infrastructure, enabling users to mine with their own equipment as well as the hashing power they purchase. As part of the deal, Cryptsy will invest $250,000 in the Australia-based bitcoin mining services provider. The project will open for registration tomorrow. Mintsy will offer mining products and services on a range of digital currency hashing algorithms, including SHA-256 and crypt. Further, it will release its first products during the fourth quarter of....
Mining hardware leasing service BetaRigs is preparing to roll out a new contract rental feature in partnership with cloud mining platform Mintsy. The partnership will enable BetaRigs customers to effectively rent out hash rates to Mintsy customers when the feature goes live early next month. The Mintsy mining platform, announced in September, is a joint venture between digitalBTC and digital currency exchange Cryptsy. The partnership will enable clients of the BetaRigs service to plug into a larger hub of potential customers as Mintsy moves toward the completion of its beta testing period,....