AMA Recap: CRYPTO MINERS X OH! HASH
OH! Hash is a Marketplace Where You Can Discover and Purchase Cloud Hash Power With One Click. Different from other cloud hashpower provider, we focus on "First-Batch Mining".
We hosted an AMA session with OH! Hash on 28th December at 3:00 PM UTC.
Mr. Ramsy was the host from Crypto Miners and Mr. Jackie and Fabienne was the guests. They shared delightful knowledge and unique features of OH! Hash.
Segment 1️⃣: Introduction
Hello everyone 👋 and welcome to the Crypto Miners AMA session With OhHash
To help us learn more about the featured project of this AMA session, we are lucky to be joined By Fabienne and Mr. Jackie
Thank you Ramsy, and Hello to you all who joined our AMA :)
Hi, everyone, feel excited to present our project to you guys
Hello Guys 👋
Thanks for bringing Us OhHash
Hi, Ramsy, nice to meet you
You too 🤝
I'm pretty sure that our AMA participants are very much excited to learn more about OhHash 😇
so let's get started if you guys are ready!!
I'm all ready
Yup, I am too~
So let's go 🚀🚀
Q1) Can you give a brief explanation about 'OhHash' .What popped up in your mind to create such a platform in this Space?
Oh!Hash is a marketplace where you can discover and purchase cloud hash power with one click. Different from other cloud hash power providers, we focus more on "First-Batch Mining".
And why did we come up with this platform? First of all, crypto mining is always a huge market! In our team, there are experts with over 8 years of experience in the cryptocurrency mining industry. What made us decide to launch this platform is that some crypto miners frequently complained that “First-Batch Mining” quotas are always taken by some big institutions and it is not fair for the small-scale miners. We launched Oh!Hash so as to provide a platform where everyone can get equal access to “First-Batch Mining” products.
Cloud crypto mining is highly favored by large investment institutions, but still , there are pain points, such as : An increased risk of fraud - this makes it difficult for the users to know if the investment funds is really in the farm; And users could have unfriendly experience on an exceedingly large amount of marketing platforms; Another pain point is that there are not so many options for mineable cryptocurrencies out there, leading to a lack of hot "First - Batch Mining"; And there can be inaccuracy and latency in the reward delivery on some platforms out there.
Oh!Hash is here to improve cloud hash mining experience for users.
Thanks Jackie For this Warm Start 🤝
Now let's see our second question from this segment...
Q2) So what are your main features and advantages that discern you from other projects?
Ok, I can take this one too, and I will try to come up with a shorter answer this time ,haha
As mentioned above, we focus on "First -Batch Mining " projects,which was a privilege before for big investment institutions or big mining companies. and this discern ourselves from other projets.
Q3) How has the experience and background of your team been effective in the success of your project so far?
Well. we have years of experience of self-operated mines in North America and Europe. Currently, we are also extending to the Middle East and Sourth Asia. All this enables us a stable hashpower supply, while selecting reliable partners and the most well-known data centers.
Sounds Good 👍
4) Now Share us about your Native token, What are the some of utlities of $OHHASH Token in Your Ecosystem? And if possible share to us the Tokenomics
Our team is now focusing on the website development, which is a big workload. For now, we have no plan to issue any tokens. But who knows? We are open to everything in the future.
Just follow us on our socials, we will share everything there.
Let's hear our last question from this segment...
Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Oh!Hash? If possible could you please share road map with us.
The entire team has been focusing on this project for about 6 months and now we are entering the final stage of the project, which means Oh!Hash marketplace is going to be released very soon.
We will have "First - Batch Mining" presales and also traditional cloud mining projects including BTC, ETH, FIL, Chia, etc.
And we would love to share our Q1 Roadmap here yeah.
*A Demo can be accessed at the end of January. Users can take a look at the website, however all the functions are not activated.
*Oh!Hash marketplace is going live around February 2022.
*“First-Batch Mining” exclusive presale opens in February 2022.
Great Things Are Coming 🕺💃
Hehe, indeed so.
And also ,at Q1, there will be APP version development too.
Thanks Jackie & Febienne for this well detailed introduction about :)
That's the wrap up of our the first part of the AMA session ✅
Thank you :)
Let’s now proceed to our Twitter Questions section
i hope you guys are ready for that!!
Ready to go
Segment 2️⃣: Twitter Questions
Q1) Regulations are very important. Many projects are closed in many countries due to improper use of regulations and permits. How does your team address these issues?
Here's our first question from twitter.
We have our experienced lawyer team and will conduct in-depth researches before targeting a certain region/country. We won't take any risks legally, for sure.
If our business type violates local laws and regulations, we will certainly draw back from that region.
However, I think now is the right time to start cloud mining business globally.
Hope this answers your question.
Q2) GAS FEES is a huge problem/ topic in crypto. How does this project intend to reduce high gas fees in real terms?
OK, that's a good question.
On-chain Transactions only happens when the user decides to pay in crypto on Oh!Hash.
In fact, Oh!Hash supports the following payment methods when it goes live: BTC, FIL, and TRC20.
I think you all know that gas fees can be almost ignored with these types of chain.
As for other payment methods such as ERC20, BSC, Polygon and credit cards will be enabled in Q2 2022.
Q3) Many launch pad platforms require large requirements to be able to participate, such as WhiteLists, strict KYCs, and even deposits, so many users can't participate, will #oh!hash fulfill the same requirements? Or do you really want more users involved?
Oh!Hash “First-Batch Mining” presale is only open to users who pass KYC.
The users can select direct payment(crypto or credit card) or make deposit before purchasing. Deposit is not a must, no worries for that.
Those who have registered for our Whitelist will have a larger chance to get the "First-Batch Mining" quotas: ohhash.com
Q4) What is the simplest way to invest in your project? And what is the minimum amount that we can invest please explain?
seems that someone just can't wait to make an investment haha
The simplest way will be participation in the presales on Oh!Hash marketplace.
Oh!Hash was born to enable equal access to crypto mining.
We can’t give an exact minimum amount for entry.
However, each purchase will have a hard cap, which means that each account has very limited quotas for the "First-Batch Mining"presale.
So dont miss your opportunity. Set your alarm!
Let's move to our last question from twitter...
Q5) Do you have any specific plans to attract & expand your community and improve the user experience?
This is exactly what we have been doing.
We are quite new and the community building&expansion just started.
We value each member in our community, as they are always ready to give all kinds of advice concerning the project perspective.
it is our belief that a good product will naturally attract users.
Starting from this, our dev team spent around 5 months already to polish/improve the product(Oh!Hash website), from the product development, dashboard design, simple payment channel, etc, in order to provide a better user experience when Oh!Hash marketplace goes live.
Thanks Guys for Your Valuable Answers❤️
And that's the end of our twitter question segment
Thank you Ramsy 💗
Now Moving on to our last segment - Live Q&A
Shall We Go Guys?
Open for free discussion
Yup, ready to go
Here we go,
Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guests choose some best to answer)
1)Is Your Platform Suitable For Crypto Beginners? Or Dose it Only limited For Professional Users?
Our platform is absolutely suitable for Crypto Beginners, and as a matter of fact, we are here for those who do not know much about mining, who do not have enough access to mining rigs or set up their own rigs due to various reason ,including high electricity fees and such. We provide opportunities for them to participate in mining by purchasing cloud hash power at our platform. All you need to do is to register account and then you are good to go. For pros of course ,it will also be suitable.
So register at our whitelist and you are good to go, doesn’t matter if you are beginner , or a pro in mining :)
2) I love your project but still not convince on investing my funds. So can you tell me atleast 3 good reasons why I should invest in project?
First of all, our platform is the very first platform to provide "First-Batch Mining" presales, which excluded small-scale miners/users with limited funds before.
Secondly, we put funds safety in the first place and adopts advanced technology to protect users' funds security. I will give more details for the security part in the next question.
Lastly, we are experienced in crypto mining and are good at finding potential crypto projects before big mining companies/investment firms get involved. This is the biggest strength of Oh!Hash, which makes it stand out compared with other existing hashpower providers.
To add up just one thing to that, is that we dedicate ourselves in continuous improment and in creating value for our users in both short and long-term perspective.
3) What are the plan for increasing the data security of your Project platform? Is there any partnership on the table?
We are strictly concerned with the data/funds security.
I'm not a tech guy and have asked our CTO about the technology applied to Oh!Hash to ensure the security!
All private keys of all users on Oh! Hash platforms are encrypted and stored and will not reside in the system. Nobody can touch it!
In terms of wallet management, the separation of hot and cold wallets and a hot wallet quota mechanism are implemented to greatly protect the security of users' funds.
In addition, Oh! Hash transaction system has established an independent private network and formulated a whitelist access strategy.
All transactions adopt offline signature methods, which also protects the transaction security of all users.
We have reached partnerships with some well-known third party payment firms, thus security is greatly ensured!
4) Is your project a global project or a local project? Currently, what market are you focusing on? Is it focused on building and growing to gain customers, users and partners?
Our platform is a global project if you wonder, and there will be multi-language for both platform and customer services, regardless if you are from English speaking region or Non-English ones.
We welcome all users who wish to participate in cloud hash mining to join Oh!Hash. And yes, it is def. our biggest focus to build and grow to gain users and partners.
So, go to ohhash.com to join whitelist start your journey at Oh!Hash :)
5) What is first batch mining which oh hash providing?
Some of you may not be familiar with "First-Batch Mining", here comes a brief definition:
First Batch Mining, in short, is mining before a regular amount of hash power flow into the mining, Mining output is directly related to the mining difficulty, the more miners, the greater the total network-wide hash power, the higher the mining difficulty, and the lower the mining output per miner,
so the key reason for the first batch mining is：The output of first-batch mining is usually much greater in comparison to regular mining.
By purchasing “First Batch Mining” products at our platform, the users’s profit will be maximized.
Let’s take Chia as an example, the APY for "First-Batch Mining" totally goes crazy, ranging from 500%~1500%, depending on when you trade them.
*This segment ends here*
Thankyou so much guys For your valuable answers and information about Oh!Hash,
It Was Pleasure Hosting An Ama With You
Thank you Ramsy!
Thank you all guys, good talk :)
Thank you Ramsy , a nice AMA session
Time To Conclude Our AMA Section
Best of luck for the future 🚀🚀