Saturday April 17, 2021
Bitcoin (BTC) $61,440.00   Ether (ETH) $2,434.08
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Mining

Crypto mining platform BitFuFu to integrate Cobo wallet onto into user interface

Following their Dececember 15th, 2020 launch, BitFuFu, a crypto mining standardization platform, has officially announced that their customers will be able to use their Cobo wallet to receive funds from using their service.

Published by CryptoNinjas.net
01/11/2021
Crypto mining platform BitFuFu to integrate Cobo wallet onto into user interface

BitFuFu, a crypto mining standardization platform, today announced it will give its users the ability to use cryptocurrency wallet, Cobo, within the platform’s interface. The feature, which will streamline operations, will be fully integrated onto the web service on January 12th, 2021.

Cobo Wallet + BitFuFu

Slated to be ready on January 12th, the integration allows for the direct transfer of earnings from BitFuFu into the users’ wallets as soon as purchased hashrate services take effect. These transfers will be free of withdrawal fees between the user’s account balance and their Cobo wallet address.

To follow this, on January 15th, BitFuFu will enable mining earnings to be transferred to the user’s designated wallet address by mining pool. Prior to the new feature, BitFuFu customers received emails from the platform on a regular basis, informing them of the mining performance of their accounts.

BitFuFu

According to BitFuFu, hashrate standardization is their answer to the need for transparent and reliable commodity trading in the market, which has not been made available by other providers before them. The standardization of hashrates in crypto mining refers to the process in which multiple models of the same series are intelligently proportioned into units with the same standard power consumption, otherwise known as the energy efficiency ratio (J/T).

BitFuFu uses their hashrate allocation center and matching algorithm to bundle the available mining machine models into a series of standardized hashrate products of 30 J/T, 40 J/T, 50 J/T, and others. The aim is to give more flexibility to a wide array of users who have different risk appetites, perspectives on the future market trends, and needs for liquidity in their portfolios. The significance of this is that users can select their packages according to the projected energy efficiency ratio, as opposed to comparing different mining machine brands and models. Aside from this, BitFuFu promises its customers guaranteed mining services through their easy-to-access online platform, and ensures a proof-of-work (PoW) of between 1% to 3% for the mined currencies.

BitFuFu plans to further bolster their array of crypto mining services through the addition of new features, such as launching a hashrates trading market on their platform during early February 2021.

FacebookTwitterLinkedinRedditE-MailTelegram
Source: bitfufu.com

Related News

Crypto wallet Cobo adds support for Binance Smart Chain
Wallets

Crypto wallet Cobo adds support for Binance Smart Chain

01/22/2021
Cobo Wallet
Wallets

Crypto wallet Cobo adds anti-phishing function for additional security layer

10/22/2019
Cobo cryptocurrency wallet v4.3 adds crypto index funds
Wallets

Cobo cryptocurrency wallet v4.3 adds crypto index funds

08/13/2019
Cobo urges blockchain devs to improve security as Copay wallet hit with critical security breach
Security

Cobo urges blockchain devs to improve security as Copay wallet hit with critical security breach

11/27/2018
Cobo crypto wallet gets $13 million investment to expand, adds cold storage
Capital Raising

Cobo crypto wallet gets $13 million investment to expand, adds cold storage

10/17/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

04/16/2021
Telos enhances its DeFi with launch of new coins and liquidity on TSwaps platform

Telos enhances its DeFi with launch of new coins and liquidity on TSwaps platform

04/15/2021
Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

04/14/2021
Canadian cryptocurrency exchange CoinSmart submits OSC application

Canadian cryptocurrency exchange CoinSmart submits OSC application

04/15/2021
Cosmos (ATOM) now available as collateral on Bitfinex Borrow

Cosmos (ATOM) now available as collateral on Bitfinex Borrow

04/15/2021
Blockchain monitoring provider PARSIQ integrates with crypto custodian Hex Trust

Blockchain monitoring provider PARSIQ integrates with crypto custodian Hex Trust

04/16/2021
Blockcap mines 544 bitcoin (BTC) in Q1 2021

Blockcap mines 544 bitcoin (BTC) in Q1 2021

04/16/2021
SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

04/16/2021
Alpha Finance Lab partners with EPNS bringing better notification system to Alpha Homora users

Alpha Finance Lab partners with EPNS bringing better notification system to Alpha Homora users

04/15/2021
Applied Blockchain launches SILENTDATA to enable privacy-preserving open banking checks

Applied Blockchain launches SILENTDATA to enable privacy-preserving open banking checks

04/15/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version