CloudHashing to offer Bitcoin Mining as a service - MaaS
Fed up with waiting for ASIC mining rigs from suppliers who can't deliver? Don't want to spend money on a box that you have to power and maintain yourself? Welcome to the world of Mining as a Service (Maas). UK firm CloudHashing is offering users the chance to mine for bitcoins without buying any equipment. Just as companies in the software world began offering online Software as a Service (SaaS) contracts to customers who didn't want to invest in their own expensive servers, CloudHashing is trying to offer online mining services using ASIC equipment that it buys en masse. The firm will....
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CloudHashing, the first cloud Bitcoin mining company in the world, is further strengthening their market leadership by offering a record price for hashing power. “Our recent merger with the advanced hardware manufacturer HighBitCoin to form the company PeerNova allows us to do things no one else can in regards to volume of hashing power and price point,” said Lukas Gilkey of CloudHashing. PeerNova’s new PetaOne Blade features a custom 28nm chip with an industry leading power efficiency of 0.35W per GH/s. Said Lukas Gilkey. The mining contracts are set to go live in August and are 1 year in....
Many have questioned the legitimacy of players in the Bitcoin enterprise and there is no doubt that some firms and individuals have blighted the industry with their actions. When it comes to Bitcoin mining, you want someone trustworthy, someone who knows what they’re doing, someone who has been in the business for a while. Someone like CloudHashing.com. CloudHashing is a US based company, governed by US laws and regulations, if that brings any piece-of-mind. I will start off with one of the biggest criticisms CloudHashing gets: its price. In December, I called CloudHashing to see how much....
Two companies involved in the digital currency mining space are joining forces, melding hardware expertise with consumer mining services. CloudHashing, which offers cloud mining contracts, is merging with enterprise ASIC hardware designer HighBitcoin to form a new entity called PeerNova. The combined company is planning to sell mining infrastructure services at an enterprise level under the PeerNova name, while CloudHashing will continue as a brand selling mining contracts, effectively allowing CloudHashing to take advantage of HighBitcoin's expertise with ASIC hardware design for its....
PeerNova has raised $8.6m in new funding as it seeks to pivot from providing enterprise bitcoin mining infrastructure to enterprise blockchain software solutions. The Series A investment was led by Mosaik Partners. Former AOL CEO Steve Case and Crypto Currency Partners also participated in the round. Formed in May of this year, PeerNova is the result of a merger between mining companiesHighBitcoin and CloudHashing. HighBitcoin developed mining hardware, while CloudHashing still sells contracts for mining as a service. Emmanuel Abiodun, president and CCO for PeerNova, told CoinDesk that,....
Australian bitcoin company digitalBTC has dissolved a supply agreement with cloud mining service CloudHashing. Under the agreement, which was finalised in March, CloudHashing was to run digitalBTC hardware in data centres in Iceland and Texas to mine bitcoins. Today, however, digitalBTC announced that it was pulling out of the deal, filing an announcement with the Australian Securities Exchange (ASX) that stated the companies had agreed to dissolve the supply deal. Under the settlement, CloudHashing's shares in digitalBTC are to be cancelled. The announcement states: "The settlement....