WHALESBURG ICO Minning Platform From A to Z | Besteico
Summary:
WHALESBURG is the first crypto mining platform with an profit switching algorithm and is a software bundle for cryptocurrency miners and it is used to simplify the setup of our mining operation ,increase our yield and it also save mining tools.
It consists of main parts which are more coins, profit switching solution, Whalesburg Cloud, multicurrency mining pool and Hardware monitoring, operating system and management software.
It also have key features like transparency, mining profiles,more coins and Anonymity.
It is a desktop application which represents an offline based panel.At first, download the software for starting an application which will be available on Windows and then we will have to fill in information like our wallet address.
Then after block confirmation, income will go to these addresses. This is an ERC-20 token built on the Ethereum platform.,which also contains hardcap and softcap.
This app is used in gathering information about our hardware and send it to server to get recommendation.
Highlights:-
• Whalesburg is the first crypto mining platform with an profit switching algorithm. It's token ticker is known as Whalesburg token (WBT).
• Challenges were faced by miners who wished to join mining pool.Lack of transparency, difficulty knowing what to mine and difficulty in tracking the state of Hardware.
• The Whalesburg solution brings security, exceptional user experience and for enterprise level miners instant scalability.
• Hartej Sawhney as an in charge of security audits,provide code and security audits.
• The general way through which it operates is that server manages data between modules to get profitability predictions, pool jobs,analytics and recommendations.
• The wallet address is must to get your mined cryptocurrency.The app can be download, which will be available on Windows,Linux.
• The coins we mine will drop to our wallet.PIRL,ELLA and EXP are the currencies which we will be able to mine.
• All pay out transactions and share calculation logs will be stored in the blockchain.
• The soft cap is 1000 WTH and hard cap is 3800 ETH.
• If there is a strong rally in the price of ETH,our token sale could be canceled.
Project Overview:-
What is WHALESBURG:-
"It is the first crypto mining platform with an profit switching algorithm and it is a software bundle for cryptocurrency miners."
Primary Goals:-
Our software has three primary goals.It simplifies the setup of our mining operation, it increases our yield and it also offer us the best mining tools, which are time saving.
Parts of Whalesburg:-
It consists of five main parts which are multi currency mining pool,operating system ,Whalesburg Cloud ,Profit switching solution ,Hardware monitoring and management software.
Explanation:-
After development of a mining pool with a hundred of valuable proof of work coins,the gathering of information start and after speaking to miners and investors within the mining industry ,the trading on cryptocurrency exchanges occur and rigs built up.
There were many challenges for the miners ,which were wishing to join mining pool.
- Lack of transparency:-
Miners can't track their earnings from a block reward to their wallet.Miners need surety about the amounts are real or not. - Difficulty knowing what to mine:-
Whattomine.com and coinwarz.com are resources used for the determination of most profitable coin to mine depending on the type of Hardware but it is difficult to analyze the profitability of mining a particular cryptocurrency because they don't have personalized reports for miners specific hardware setups. - Difficulty tracking the state of Hardware:-
The software is essential for miners ,which notifies them automatically that when they can make the necessary adjustments to their hardware.
The difference between the Whalesburg and other well known players in the space like ethOS,NiceHash is that it offers for the first time an all in one sWhaleWh.
Whalesburg Smart Mining Pool:-
mmaryLESBURGWHRG iiiscontains following key features. - Transparency:-
The income can be tracked with the help of blockchain scanner tool which displays all the transactions from Coinbase.So we become sure that there is no fraud in the system. - Smart Switching:-
In this our agents gather information about our hardware and calculate the option to mine in the real time. - More Coins:-
Our software provides with a fast and easy way to switch between the different coins. - Proportional Rewards:-
Whalesburg mining pool offers Pay Per Last N Shares(PPLNS),proportional rewards configuration with shared transaction fees.The pool takes a 0,45% - 3% fees for each confirmed block.
The mining EXP is used as an example.In this, the block rewards go to a Whalesburg, ERC20 address and then the amount which splits by the Splitter gained into three parts.
The first is dedicated to conversion, e.g. to ETH,second is for payouts in EXP directly to miners 'ERC20 wallets and the last is for the pool fee.Each step can be tracked and shown in the dashboard and recorded in EXP blockchain where we will access any time.
Mining Profiles are built by miners for the purpose of sharing with other miners.There will be an option to share statistics.Through a single click ,miners will be able to apply their desired profile.
Profile is a set of tools which depends on each other.lt is a set of instructions telling the Whalesburg platform how to perform,what to mine and the way to choose coins. Profit switching is done on the side of our server without any individual software needed for individuals in the pool.Whalesburg manages the total hashrate of the internal team of miners ensuring everyone gains maximum profitability.
Its current version lacks the overall hashrate to come out on top in short term for the highest difficulty coins. Pool allows us to achieve the best performance for the whole team of miners.The pool will take 0.45 - 3% fee depending on how many WBT tokens a miner holds.
Fiat money:-This feature is provided through partnership with payment gateways like wallbtc.com.In this,miners will be able to choose payment gateways directly from their dashboard in the Whalesburg OS or our online dashboard.
Dual Mining:-Through using the information about pool' s hashrate,coin prices ,etc the dual mining is turned on or off automatically to maximize overall profits while protecting miner' s software.
Whalesburg OS:-The keys offered by Whalesburg OS are one click setup through which drivers use tools miners use daily such as monitoring, overclocking etc. Hashrate watchdog, the tool which reboots in the event of a hashrate drop caused by driver error.Trusted account, which is for tech admins and clients to provide technical support which is 24/7.Two miners can run at a time ,one for CryptoNote coins and the other for AMD.
The Whalesburg Cloud constitutes the brain of platform ,the data goes to prepare reports or manage hardware remotely.
The protection of hardware investment occurs by overclocking tool.
Use:-To start, first download the software which will be available on Windows,etc,then fill the wallet address for each currency want to mine. Then the income will go to these addresses after block confirmation .The Box contains desktop application which through which all of our mining operations could be manageable,web interface, through which we can manage our rigs,our profile remotely.
We ca have access to all data in raw form through statistics module .Gathering of statistics about our hardware to develop drivers for setup occurs through Benchmark Tabs. Coin addresses,etc can be manage through Profile and preferences tab.Server sided platform is MVP,includes Smart proxy stratum, in which EtHash is used as what to mine analyser,Payouts in ETH occurs through Payouts Manager.
The service which allows communication between proxy,Payouts manager and the front end is known as HTTP-API.
Automatic switching tool is not present in pre-MVP.
Token Metrix:- For our surety that our token is a utility token,the Howey token was available at the time of the token sale.U.S citizens can purchase the token.The symbol of token is WBT,total supply is 100,000,000 WBT, accepted currency is ETH only,The token sale and pre sale events last for one month.Smart contract secure Escrow with 3 of 4 multisig required and 2 of 4 signatures held by lawyers.
In Smart Contracts, the softcap is 1000 ETH and the hard cap is 38,00 ETH.If there is a strong rally in the price of ETH,our token sale could be canceled. The plan is to distribute 66,000,000 WBT during token sale events.Every unsold token will be destroyed.The pre sale and the token sale start is Q1 2018.
20% bonus will be provide during the pre sale event.There will be no further bonuses.
1 WBT will sell for 0.0000718 ETH.WBT token utility contains Membership ticket and address verification
Tier System:- Lower Fee taken by the Whalesburg pool corresponds by each five tiers.All new Whalesburg customers will start from the Beginner tier.This allows testing while holding the minimum amount of WBT,We will be able to to use live chat for urgent calls in pre intermediate tier.
At intermediate tier ,we get online support which is 24/7,35% discount and rate will be 1,95% and at advanced level tier,we get a smart level agreement ,mining rate is 0,45%.It also contains roadmap in which technical support,Whalesburg Cloud, Mining pool, etc is discussed.
Team:-
John Kitkin:- He is an IT Entrepreneur ,founder and CEO.He is a founder and the very first developer of WEB DEV AGENCY,founded in 2007,also a cryptocurrency analytic.He helped EU companies to find top 1% talents in IT fields.
Vladimir Protasevich :- He is a co founder and CTO,also a software engineer, system architect and project manager .He founded software development companies and worked as a freelancer.
Konstantin Lermontov:- He is a co founder and CMO, a creative director ,business analyst and a brand developer. He founded branding studio.
Conclusion:- Whalesburg is the first crypto mining platform with an profit switching algorithm and contains many features e.g. transparency, mining profiles, etc.It contains token tiker known as Whalesburg token WBT.WBT tokens can be used once the product is delivered after selling.
Tokens are not used for taking profits,these will be used to pay the pool communication inside the platform .Once users exchange WBT for the use of our services ,so the tokens burmed