With most Bitcoin mining operations either shutting down, fizzling out due to scam operations or slowly waning due to increasing the difficulty and lowering profitability conditions, people would not expect a new mining operation to launch. Well, that is exactly what HashingSpace, a US-based company is doing.
“HashingSpace Corporation, a Bitcoin ASIC mining and hosting company, announced today (6-16-15) that it has officially launched and is open for business.”
Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with HashingSpace and is not responsible for its products and/or services.
While times are getting harder for individual miners, there is still a demand for Bitcoin as newcomers always are looking for their first Bitcoins.
“We are delighted to be a part of the Bitcoin marketplace at a time when consumer demand for Bitcoin mining opportunities are increasing,” shared Timothy Roberts, the Chief Executive Officer of HashingSpace Corporation.”
Mining operations are made possible through strategic positioning in Washington State. Washington state known for its abundance of hydroelectric power, is home of cheap electricity rates. This allows HashingSpace to cut costs, retain more profits, and allow HashingSpace to keep an edge over other mining operations, benefiting both the customer as well as company.
“HashingSpace has chosen Washington State for the first roll out of their Bitcoin ASIC mining datacenter solutions. Washington State was chosen because of the cost savings it will bring to HashingSpace’s customers. Because of Washington’s availability of hydroelectric power, mining Bitcoins with HashingSpace’s server farm will be more profitable due to low electricity costs.”
While mining is the first service that they are providing, it will not be the only one. Rather, the first of many Bitcoin solutions that will be provided for the needs of a Bitcoiner.
“This is the first step in the implementation of our business plan with the goal to become a major provider of bitcoin solutions.”
HashingSpace plans to expand into several other services, which are described below:
HashingSpace Corporation’s business will provide a wide range of services to include:
- HASH HOSTING Servers fully managed and specifically set-up for ASIC MINING
- HASHATM Owner and operator of Bitcoin ATM machines
- CLOUDHASH Cloud mining servers that can be rented with full hashing power
- HASHWALLET Bitcoin wallet for bitcoin banking and transactions
- HASHPOOL Software as a Service Bitcoin mining pool
- HASH VAR A wholesaler of Bitcoin servers and Bitcoin ATM machines
The Original Press Release source is Bitcoin PR Buzz
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