5 reasons why Whaleburg should be the next game player in crypto-mining

Whalesburg is a cryptocurrency mining platform that offers a software package that aims to improve the experience and profit of cryptocurrency mining.

1. A sector that needs to evolve

There are two types of miners. Some want to mine only one coin because they believe in the project and they want to support it. Other miners just want to mine a portfolio of various coins. However, all miners have in common to invest significant amounts in their hardware and consequently to care about their profits.

Currently, the life of a cryptocurrency miner is not easy and he is faced with three major problems:

• The lack of transparency: miners can’t follow the rewards earned from a mined block to their wallets. This prevents them from knowing exactly what are the costs of the fees of the mining pool.
• The difficulty of choosing the coin to be mined: there are websites such as whattomine.com and coinwarz.com which determine which is the most profitable coin to be mined according to the hardware configuration. However, they don’t provide very accurate information in relation to the specific hardware configurations of a miner which makes the analysis of profitability complicated. In addition, each time a minor changes its configuration, it must go through a tedious analysis period to determine which coin is best suited to its (new) configuration.
• Difficulty tracking the state of hardware: Miners can’t track the status and metrics of their hardware such as GPU / CPU temperature and fan speed. As a result, it’s difficult for them to know when they exceed the limits of their hardware which doesn’t help to prolong the life of the hardware.

Presently, no solution in the market can solve all these problems at once. Some big mining companies have developed their own software but they keep it for their own use without sharing it. Small miners don’t have the financial or technical means to develop this kind of solution.

After an in-depth study of the mining market, Whalesburg understood exactly what is missing from the cryptocurrency mining ecosystem: an all-in-one software suite that solves all the problems previously cited. And as the best products are born out of necessity, Whalesburg decided to build this solution that is missing from the mining market.

2. An all-in-one solution

The Whalesburg software solution is the first all-in-one solution that will permit miners to solve all their current problems. This solution allows:

• Delete the lack of transparency by clearly displaying the exact amount of the service charge for the mining pool.
• Determine the most profitable coin to mine based on the precise harware configuration of the miner.
• Track the miner’s hardware information such as GPU / CPU temperature, fan speed, etc. This information is presented as graphics. The goal is to contribute as much as possible to extending the life of the miner’s equipment.

In addition to that, the solution brings security, an exceptional user experience and instant scalability.

Whalesburg’s all-in-one software solution will consist of the following five products:

• Whalesburg Smart Mining Pool which provides key features such as anonymity, transparency, smart-switching, proportional rewards and more coins.
• Whalesburg OS whose purpose is to simplify the lives of minors. Unlike some competitors, Whalesburg does not require its users to be experts in Linux and the shell line. The proposed solution works on both Linux and Windows and comes with a graphical interface. This OS provides some features such as : one click setup, pre-installed miner configuration, hasrate watchdog, trusted accounts, support for two miners at a time, support mixed AMD and NVidia setups, integration with Whalesburg cloud.
• Whalesburg Cloud: the brain of the platform where all the statistical data are stored in order to prepare reports, notify minors or manage hardware remotely. The cloud also offers a real-time monitoring service, easy hardware and wallet changes in two clicks, notification by email or via the Telegram API, and chess prevention by analyzing the hardware status.
• Profit-switching algorithm: still in POC (proof of concept) but it’s the highlight of the Whalesburg solution. See below for more information.
• Overclocking Tool use real-time data from the mining pool combined with hardware monitoring and will ensure safe and efficient overclocking process.

3. A smart profit-switching algorithm

Whalesburg is the only mining platform to provide this kind of service. Even if, it’s still a POC (proof of concept), this is the highlight of the Whalesburg solution.

Presently, when a mining pool decide to switch from one coin to another, it shift all of his hashrate. So, it end up increasing network difficulty dramatically while lowering the profitability rate significantly. Furthermore, all the miners have to restart constantly. This results in a signifiant loss of efficiency.

Whalesburg takes a different approach with his switching alogorithm. This algorithm calculates the optimal amount of hashrate needed to switch from one coin to another (ex. ETH to PIRL) without raising its difficulty too much. It simultaneously makes the same calculations, in real-time, for all coins in the pool.
The rest of Whalesburg’s hashrate is then used to mine the current coin (ex. ETH).

This profit-switching is done on the side of Whalesburg server, without any additional software needed for miners in the pool. Thus miners use their hardware to maximum efficiency without restarts or delays.

All profits are split proportionally among pool miners. In this way, Whalesburg efficiently manages the total hashrate of the team of miners while ensuring everyone gains maximum profitability.

4. A product already online

The smart mining pool is already online and, if you are interested, you can check stats in this page : https://whalesburg.com/pool_blocks/eth.

Regularly, the team pushes updates of his product. These updates contain improvements about all products of the solution and are about display, security, redundancy, hash power distribution, …

5. A mastered roadmap and a solid team

The Whalesburg roadmap is pretty great and it is mastered by the team which focuses on the important things.
Everything is going well ! The team has completed its objectives for the year 2018 and started those of 2019.

If all goes well, the full version of the Whalesburg solution will be finalized for Q1 2019.

The team consists of 14 people and 10 Advisors. There are 3 founders of the project: Evgeniy ‘John’ Kitkin (Co-founder, CEO), Vladimir Protasevich (Co-Founder, CTO) and Konstantin Lermontov (Co-Founder, Creative Director ) and the rest of the team made up of developers (front-end & back-end), system administrator of mining and safety specialists, …

In the ten Advisors, four are issued from top 100 companies: Revain, SALT, Cindicator, and SONM. All of them have extensive experience in different areas such as mining, cryptocurrencies, security, marketing, ..

Some links about the project

• Website: https://whalesburg.com/
• WhitePaper: https://tge.whalesburg.com/whalesburg-whitepaper.pdf
• Telegram: https://t.me/whalesburg
• Github: https://github.com/whalesburg
• Medium: https://medium.com/@whalesburg
• Facebook: https://fb.com/whalesburg
• Twitter: https://twitter.com/whalesburg
• Bounty Thread: https://bitcointalk.org/index.php?topic=2851401
• Ann Thread: https://bitcointalk.org/index.php?topic=2711079

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/!\ All images and videos are from the Whitepaper or the whalesburg website