Australian bitcoin company digitalBTC has launched digitalX Mintsy, a new service that allows users to lease their computer processing power for cryptocurrency mining and trade contracts via its online marketplace.
The service allows users with specialised cryptocurrency mining equipment to lease their hashing power to others. Contract buyers are able to apply this computing power across multiple algorithms and mining pools.
Contracts for come in a variety of configurations called 'hashflexs' (100 GH/s, SHA256 algorithm), 'liteflexs' (100 MH/s, scrypt algorithm) and 'xflexs' (100 MH/s, x11-15 algorithm).
Once bought, contracts can be traded on Mintsy's marketplace.
DigitalX Mintsy is the first of these new products and has received "over 30,000 pre-enrolments", according to the company.
The cryptocurrency exchange previously confirmed that it would invest $250,000 in the Australian firm in September last year.
DigitalBTC has also confirmed plans to launch digitalX Pocket, a mobile application that will give consumers the chance to immediately transfer and settle funds.
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