Ethereum RENT?! FAKE ICO Partnerships

ivanli (66)in #ethereum • 7 years ago

Ethereum is thinking about introducing rent, we will also discuss fake partnerships, LitePay scam, and other important news.

Get your morning coffee ready and get your breakfast!

https://toshitimes.com/snapchat-snaps-out-ico-advertisements/
https://themerkle.com/forget-the-whitepaper-what-ico-investors-should-really-look-for/
https://cointelegraph.com/news/litepay-merchant-solution-ceases-operations-litecoin-foundation-apologizes-for-hype
https://toshitimes.com/cryptocurrency-announcements-too-good-to-be-true/
https://www.coindesk.com/vitalik-wants-pay-stop-ethereums-runaway-growth/
https://news.bitcoin.com/russian-chinese-korean-associations-to-sue-internet-giants-over-banned-crypto-ads/

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7 years ago in #ethereum by ivanli (66)

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tasauver (55) 7 years ago (edited)

The service for leasing and renting mining rigs for different crypto algorithms – Mining Rig Rentals has added support for the Dagger-Hashimoto algorithm that is used by Ethereum (ETH) as well as some other coins that have since been forked from it. There are two categories for Ethereum mining rigs available and we need to clarify the difference as there might be some confusion as to why.

$0.38

3 votes

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bitcointravel (52) 7 years ago

Thanks Ivan

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1 vote

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arnel (68) 7 years ago

I love how you dedicated your time and effort to spread education nd understanding about cryptos. Congrats

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1 vote

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sugarboy (62) 7 years ago

Hi Ivan !

Thanks again for the news!

Yea it really is a shame that all those icos and low cap coins announce "partnerships" with big companies to pump the price. Just ridiculous in my opinion.

$0.02

1 vote

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faridk (44) 7 years ago

IMHO if the ETH network starts charging for storage it will be a disaster for DAPP development and only lead to the small scale DAPP developers being driven out of business. The end result will be that will go elsewhere.

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1 vote

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shahaan (52) 7 years ago

The service is still in beta and has a bit limited functionality initially, but it does already work and works pretty good based on our first experiences with it, though there are some issues as well that need to be worked on. Everyone can register and either rent an available mining rig if the price is acceptable or add his own mining rig to sell the extra hashrate he has available.

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2 votes

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apcrypto80 (34) 7 years ago

thanks for not being engaged in a relationship :-)
I appreciate a lot watching your streems!!!

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1 vote

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wa2qr (58) 7 years ago

Renting hashing power has historically been a bad move. There are other subs (the mining one, which I'm not part of) that could answer this better. But if you want ETH exposure, it's easier and less risky just to buy it. Coinbase makes it pretty easy.

Just be very careful and don't buy more than you can afford to lose -- I like the project but acknowledge that there remains a good chance it could fail.

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1 vote

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