CloudHashing
CloudHashing is a company that sells bitcoin mining contracts. It is one of the largest bitcoin mining companies worldwide. In May 2014, CloudHashing merged with HighBitcoin to create PeerNova. PeerNova continues to sell mining contracts under the CloudHashing brand.
CloudHashing is headquartered in London, England with offices in Austin, Texas and a computing facility in Reykjanesbær, Iceland. Emmanuel Abiodun is the company's founder and chief executive officer.
History
Emmanuel Abiodun, a former software engineer for JP Morgan and contractor for HSBC, founded CloudHashing in 2013 after mining bitcoins at his house in London. After receiving investments from personal friends, Abiodun set up his first computing facility in Kansas City, Kansas in June of that year. In October 2013, Abiodun opened the company's Reykjanesbær, Iceland computing facility. The facility was opened with 100 bitcoin mining machines manufactured by a Swedish supplier.
In March 2014, CloudHashing signed a deal with digitalBTC, an Australian bitcoin services firm, to incorporate CloudHashing's software into digitalBTC's mining hardware.
Service
CloudHashing sells bitcoin mining contracts, which allow customers to mine for bitcoins via CloudHashing's cloud-based computer network. Contract plans are priced per gigahash of computing power. The company's computer network is manufacturer agnostic, and contains equipment from multiple manufacturers of bitcoin mining hardware. The majority of the CloudHashing computer network is located in Reykjanesbær, Iceland. The company retains 20% of its network capacity for its own bitcoin mining operations.
See also
- Bitcoin
- Bitcoin network
- Cryptocurrency