Shelf.Network presents decentralized auctions

Currently focused on automotive trade Shelf.Network plans to expand to Eastern European used-car market with their new auction platform
05 March 2018   777

Auctions are a great help, when you want to find a buyer for your product, but there always is a hassle involved in managing auctions on multiple marketplaces. Shelf.Network aims to simplify this process. The team is building a new distributed network to synchronize an auction instance on several interconnected platforms.

The platform was already tested in 2015 and 2016 on Ukrainian market with governmental partnership, and now the team plans to expand to three markets in Eastern Europe. One of the target markets is a secondary car market. They have already partnered up with four marketplaces and six leasing companies.

Now the company want to scale its services and add Western European suppliers. This will allow it to enter huge-revenue automotive auctions market. The preparations for opening for general public and tokenization are also underway.

Essentially the project is about creating a more realistic and widespread case of blockchain utilization, so that general public will see the benefits of blockchain and its usefulness up close and personal, not just as another gimmick or a digital collectible. And, of course, auctions can garner great profits, especially with the tools that the company promises to implement in future, such as one-click auction marketplace deployment and adding commodity and collectibles trading, beyond the current automotive trade scenario.

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   54

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.