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PROHASHING announces release of innovative new payout feature
By: PROHASHING, LLC
"Internally we were throwing around some ideas for a new earning mode similar to portfolio targeting since it was clear that customers wanted something more than that," stated Michael Steward, Director of Front End Engineering, "However, we were unable to come up with something that accommodated all the requests we had received for how this new earnings mode would work. Ultimately, we decided to give the customers the ability to create their own "earnings mode" by allowing them to modify their payout options based on market conditions, PROHASHING's coin status, and their PROHASHING account balances. I'm interested to see what customers come up with using this system."
Recently, the cryptocurrency industry has gone through a whirlwind of changes, making it more important for cryptominers to have some control over which cryptocurrencies and how much of each coin they earn.
Sarah Manter, Director of Communications, explained, "Some miners are fine with a simple payout structure. I mine, I choose which coins to earn, I get paid. Done. However, some miners follow the crypto market more closely and have expressed a desire that their earnings shift with the flow of the market in particular ways. We're excited to be able to accommodate that demand."
PROHASHING miners who are running a business and need to pay some business expenses in dollars can now do so with less effort. If a business has $200 a day in expenses, the mining account can be set so that 100% of earnings are paid in US dollars at first. Then, based on the settings, it can switch to another set of payout proportions once the daily balance of USD reaches $200. For example, if the daily balance of USDollar is greater than or equal to $200, the system can change the account's earnings proportions to 100% Bitcoin. The system can also be triggered to change payout proportions when a selected payout coin is in error, when the total balance of a certain coin is at a specified level, or when a coin's market price reaches a certain dollar value.
Learn how to gain advanced control over cryptomining earnings by reading the Advanced Payout Options guide (https://prohashing.com/
PROHASHING, LLC is a trusted US based cryptocurrency mining pool founded in December 2013 and officially launched in August 2014. Its focus is on providing an accessible, transparent, and secure platform, as well as reliable customer support, to cryptocurrency miners located around the globe, while also remaining legally compliant. More at https://prohashing.com.
Director of Communications