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Today of widespread uncertainty and distrust in existing centralized services of renting
and buying hashing power and exchange services. Reason for this suffered a major
security breach. The only existing large cryptocurrency mining marketplace has been
hacked in late 2017. As a result, the market customers lost $60 million. Problem:
Nicehash is a centralized service. It’s a point of weakness. More specifically, Nicehash
is a website which controls payments on behalf of users until the agreed-upon mining
contracts are fulfilled. Moreover, it is responsible for handling refund requests, which
means a lot of money flows through its wallets on a weekly basis. It was only a matter
of time until hackers decided to attack this platform, which is exactly what happened.
Hashing Power Marketplace must be Decentralized. The first such platform is HashRental.io.