CloudHashing
![]() | |
PeerNova | |
Private | |
Industry | |
Founded | London, England (2013) |
Founder | Emmanuel Abiodun |
Headquarters |
|
Area served | Worldwide |
Key people | Emmanuel Abiodun, founder and chief executive officer |
Services | Bitcoin mining |
Website |
cloudhashing |
CloudHashing is a company that sells bitcoin mining contracts.[1][2] It is one of the largest bitcoin mining companies worldwide.[3] In May 2014, CloudHashing merged with HighBitcoin to create PeerNova.[4] PeerNova continues to sell mining contracts under the CloudHashing brand.[4]
CloudHashing is headquartered in London, England with offices in Austin, Texas and a computing facility in Reykjanesbær, Iceland.[3][5] Emmanuel Abiodun is the company's founder and chief executive officer.[5]
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.[5] After receiving investments from personal friends, Abiodun set up his first computing facility in Kansas City, Kansas in June of that year.[5] In October 2013, Abiodun opened the company's Reykjanesbær, Iceland computing facility.[5] The facility was opened with 100 bitcoin mining machines manufactured by a Swedish supplier.[5]
In March 2014, CloudHashing signed a deal with digitalBTC, an Australian bitcoin services firm, to incorporate CloudHashing's software into digitalBTC's mining hardware.[6][7] In the same month, According to the reports, CloudHashing prepared $20 million bitcoin mining operation.[8]
In June 2014, CloudHashing stated that it mined over 35 thousand bitcoins in the last eight months at an equivalent value of over US$21 million based on BTC price of that time.[9]
January 2015, CloudHashing's deal with digitalBTC was dissolved after “key outcomes from the strategic agreement in March 2014 did not eventuate”.[10][11]
In November 2016, the company webpage had the following message: "The cloudhashing service has been discontinued. If you are a previous cloudhashing customer awaiting payment of your account balance, please email payment12779@cloudhashing.com..."
See also
References
- ↑ Paul Vigna (3/6/14). "BitBeat: Bitcoin Unmoved After Nakamoto Unmasked". Wall Street Journal. Retrieved 2014-04-22. Check date values in:
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(help) - ↑ "Bitcoin Mining: A High-Tech Arms Race?". Bloomberg TV. 1/9/14. Retrieved 2014-04-22. Check date values in:
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(help) - 1 2 David Gilbert (3/12/14). "CloudHashing.com Prepares $20 Million-a-Month Bitcoin Mining Operation". International Business Times. Retrieved 2014-04-22. Check date values in:
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(help) - 1 2 Daniel Cawrey (5/2/14). "CloudHashing, HighBitcoin Merge Hosted Mining with ASICs to Form PeerNova". CoinDesk. Retrieved 2014-05-19. Check date values in:
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(help) - 1 2 3 4 5 6 Nathaniel Popper (2013-12-21). "Into the Bitcoin Mines". The New York Times. Retrieved 2014-04-22.
- ↑ Hannah Francis (2014-03-20). "DigitalBTC inks deal with CloudHashing.com". Business Spectator. Retrieved 2014-04-22.
- ↑ "DigitalBTC inks supply deal with BitFury". The Australian. 4/4/14. Retrieved 2014-04-22. Check date values in:
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(help) - ↑ Gilbert, David (2014-03-12). "CloudHashing.com Prepares $20 Million-a-Month Bitcoin Mining Operation". International Business Times UK. Retrieved 2017-11-16.
- ↑ "Mining with your head in the cloud gets cheap with CloudHashing". Cointelegraph. 20 June 2014.
- ↑ Nermin Hajdarbegovic (2015-01-30). "DigitalBTC Dissolves Bitcoin Mining Agreement with CloudHashing". CoinDesk.com. Retrieved 2015-01-30.
- ↑ Deepak Tiwari (2015-01-30). "DigitalBTC Dissolves Supply Agreement with CloudHashing". ForexMinute.com. Retrieved 2015-02-25.