AUSTIN, Texas, Sept. 19, 2014 (GLOBE NEWSWIRE) -- via PRWEB - As the first cloud-based Bitcoin mining company in the world, CloudHashing continues to make headlines with its record breaking prices. Just this August, CloudHashing offered an industry best price of $1.99 per Gigahash. Now just in time for the holidays, CloudHashing is announcing an unprecedented price that maintains its position as the value leader in bitcoin cloud mining services.
"We are strongly committed to providing the best value our customers", said Lukas Gilkey of CloudHashing. "This summer we beat the world record for the lowest hosted mining price for the first time. We are now doing it again with a price of just $0.59 per Gigahash for an annual contract starting December". Contracts start as low as $299 for those paying with bitcoin. In addition to the price discount, buyers also pay a reduced rate for hosting at just $0.12 per Gigahash.
As a wholly owned subsidiary of PeerNova, CloudHashing is able to source the most efficient ASIC mining hardware at the lowest cost and pass these savings on to its customers. "This is the first time in the industry that this price has been offered. We are offering these prices at a first come, first served basis for the sale of the first 5 PetaHash, so we encourage interested parties to act quickly" states Gilkey. Buyers can purchase contracts at the sale price by contacting CloudHashing at support@cloudhashing.com or by visiting the CloudHashing website. Hashing power purchased during the offer period will go live on December 1st.
CloudHashing is also announcing that all contracts purchased will be tradable using the soon to be launched HashXchange feature.
About CloudHashing
CloudHashing is a pioneer in the Bitcoin industry and was the first to introduce cloud-based Bitcoin mining. To date, 7,000+ customers have purchased mining contracts through the CloudHashing website. By taking the technical complexities and hard work out of mining bitcoins, CloudHashing enables everyone to participate in the growth of Bitcoin. The Texas-based company is a wholly owned subsidiary of Silicon Valley based PeerNova.
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