When we did our original Cleverhash articles, which you can find here and here, a lot of people still had questions about what Satoshi’s Cloud actually brings to the table that other platforms can’t (at this point in time anyway). The Cleverhash team took some time out of their busy schedule to tell us a bit more about that, so let’s take a peek!
While there are certain similarities between Satoshi’s Cloud (Cleverhash’s cloud mining platform) and other cloud mining services, there is one major difference everyone needs to be aware of. Users can purchase scalable hashrate on Satoshi’s Cloud, but instead of that money ending up in the pockets of the people running the cloud mining platform, it will go directly back to the community members selling their hashrate.
As you will know by now from reading our articles and checking other sources as well, several of the Cleverhash Technologies’ miners come with one or multiple cloud mining chips. These chips can be used by the owner of the ASIC miner, or sold on Satoshi’s cloud, that choice is entirely up to you!
Now that the information about Cleverhash Technologies’ ASIC miners and chips are out in the open, I do wonder how long it will take for a competitor to build a similar chip. In order to say ahead of the competitors, Cleverhash will allow customers to purchase additional machines after the launch batch is completed. Both physical delivery and hosted mining will be made available, which sounds really interesting to me.
Satoshi’s Cloud will be opened for a period of beta testing, to be announced before delivery of the ASIC miners. While some of you might expect this to be a closed beta testing phase, I have some bad news : you’re wrong. The Satoshi’s Cloud beta test will be open to anyone who is willing to participate.
With such a project, the big worry always remains whether or not there will be massive farms showing up all over the world making the competition unfair for smaller miners. Larger X-series farms will receive developer invitations , which will be automatically approved for super node status if they are using Cleverhash hardware.
I do feel it is necessary to explain the “super node status” part a bit more. A super node will get second priority levels in order to keep the mining game fair for all involved parties, including individual miners. A super node will most likely never notice the difference in priority level due to demand levels.