{"id":6864,"date":"2021-03-13T12:42:38","date_gmt":"2021-03-13T10:42:38","guid":{"rendered":"https:\/\/esatoshi.club\/?p=6864"},"modified":"2021-03-26T13:27:08","modified_gmt":"2021-03-26T11:27:08","slug":"ama-satoshi-club-x-ehash-march-12th-2","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/03\/13\/ama-satoshi-club-x-ehash-march-12th-2\/","title":{"rendered":"AMA Satoshi Club x Ehash, March 12th"},"content":{"rendered":"\n

Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Ehash. The AMA took place on January 8, 2021 and our guest were @amy255 and @NathanXLi .<\/p>\n\n\n\n

The total reward pool was 800$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.<\/p>\n\n\n\n

Part 1 \u2014 introduction and questions from the Telegram&Bitcointalk community<\/strong><\/h2>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Hello, Satoshi Club! 👋 We are glad to welcome the Ehash project today!\n😊<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>hello all! And our guests – @NathanXLi @amy255 ! welcome to\nSatoshi club!<\/p>\n\n\n\n

Amy\nX: <\/strong>Hello, Satoshi community!<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Welcome to Satoshi Club\n@NathanXLi and @amy255!<\/p>\n\n\n\n

Amy\nX: <\/strong>Thanks, glad to be here<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>To begin with, please tell\nus a few words about yourselves and how did you get to be involved in crypto\n&  Ehash?<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>good to have you here! 😊 are you will be alone today\nor @NathanXLi also will join us?<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, I’m the community leader of EHash\ncommunity. I know this project very well. @NathanXLi was planning to join this\nAMA. But he had emergent something need to do at this moment. I will represent\nEHash in this AMA. Thanks<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>got it! 👍<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Let’s start🚀<\/p>\n\n\n\n

Amy\nX: <\/strong>Ya🚀 I will begin\nwith a brief introduction of our team and project<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Make a small intro to \u0415hash\nplease😊<\/p>\n\n\n\n

Amy\nX: <\/strong>Sure<\/p>\n\n\n\n

EHash is an underlying asset that has\nbenefited from the DeFi boom of the Ethereum network. All DeFi mining users are\npaying fees to EHash through their trading activities. If DeFi continues to\nprosper without a vicious sudden cooldown, it can be asserted that EHash will\ncontinue to deliver very considerable benefits to its holders.<\/p>\n\n\n\n

The official website of EHash is\nhttps:\/\/ehash.co.<\/p>\n\n\n\n

The EHash team is a group of earliest\nBitcoin & Ether miners in the mining industry, also early supporters of\nBitcoin & Ethereum. We have a very large hashing power composition in the\nwhole PoW network, both Bitcoin and Ethereum. Hope you could know\nmore about us by the community questions<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>wow cool, so EHash is DeFi project from\nminers? 😊<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>It is very correct to\nreceive dividends from the hyip Defi👍<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, and every EHash user can be a miner without\nneeds of buying mining machines. Holding EHash is mining ETH, actually.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Sounds good<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>yes, it sounds very convenient 👍<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, definitely<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Before we start with\nquestions from the community, could you introduce your team of like-minded\npeople? 😉<\/p>\n\n\n\n

Amy\nX: <\/strong>Sure, as aforementioned, our founder team are a\ngroup of miners who want to combine the advantages of the DeFi industry and the\nmining industry. Then we come up with EHash. During the product development\nprocess in the last years, we also got more colleagues who have more experience\nabout marketing and DeFi on board. Now, we are a mature team with people in many\ncountries and starting to reinforce our influence by building our community and\nawareness.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Thank you very much for the\ngreat intro! If you are ready we can proceed to the questions from community😊<\/p>\n\n\n\n

Amy\nX: <\/strong>Sure. Let’s move to the questions<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>let’s do this!<\/p>\n\n\n\n

Q1 from Telegram user @yellowchamp<\/em><\/strong><\/p>\n\n\n\n

EHash is the token that represents the\nmining power on Ethereum network. 1 EHash is strictly tethered to 0.01Mhash\/s\npower. So ,do you have any connection to ethereum? Why choose to represent\nethereum but not other cryptocurrencies? For those who are not so familiar on\nhow mining works and that\u2019s include me, can you tell us how does Ehash mining\nworks? How we can earn from it? What are the underlying risk when entering into\na mining pool in your platform? Thank you<\/em><\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, EHash is the token that represents the\nmining power on Ethereum network. 1 EHash is strictly tethered to 0.01Mhash\/s\npower. EHash holders are free from head-scratching equipment maintenance issues\nand can mine ETH by holding EHash. The reason we chose Ethereum but not other\nassets is because Ethereum still have the most prosperous assets and DeFi\napplications\uff0ceventhough some new ecosystem are\nemerging such as BSC and Heco. We still value the development of Ethereum and\nits pure decentralized genes.<\/p>\n\n\n\n

Amy\nX: <\/strong>As for the security, the mining output of\nEthereum is allocated by smart contract to EHash holders automatically. Miners\ndon\u2019t have to do their own mining configurations like in traditional mining.\nEHash holders could claim their ETH mining reward on EHash official website\nhttps:\/\/ehash.co. Besides, the contract has been audited. We can ensure you the\nsecurity of EHash. Done this question, thank you.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>thank you for answer! does your project\nsimilar to BTC Standard Hashrate Token (BTCST)? the same idea?<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, similar but not the same. EHash users don’t\nneed to stake or anything else to gain the mined ETH.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Who did the audit of smart\ncontracts for you, btw?<\/p>\n\n\n\n

Amy\nX: <\/strong>The holders can mine ETH just by holding. And\ncheck the mined ETH on our official website.<\/p>\n\n\n\n

Here is the audit report: https:\/\/ehash.co\/static\/media\/Smart_contract_security_audit_report_EHASH.dbd9075b.pdf<\/a><\/p>\n\n\n\n

It was by BEOSIN<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Thanks for sharing 😊<\/p>\n\n\n\n

Amy\nX: <\/strong>And more audits are on our plan.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>safety first👍<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>great! the more audits the better 😄<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, we agree with that<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>thank you for answers! ready for the\nnext question?<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Thanks for the comprehensive\nanswer! Ready for the next question?<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, ready<\/p>\n\n\n\n

 Q2 from Telegram user @Gabrielle124<\/em><\/strong><\/p>\n\n\n\n

EHash has an unregulated token supply,\nwhich means more hashing power can be added to the network, don\u2019t you think it\nwill affect the value and price of your token? What will be its impact on the\nproject and to the people who will use it ?<\/em><\/p>\n\n\n\n

Amy\nX: <\/strong>Ehash currently has 20 million total supply,\ncorresponding to 200,000M of Ethereum hashing power. It\u2019s already trading on\nGate.io, a well-known top exchange in the crypto market. Ehash is planned to\nstart trading on Uniswap soon. It is worth noting that Ehash has not received\nany outside investment and no public\/private offering. Besides, EHash is an\never-lasting hashing power pegged token. It isn\u2019t like any other crypto\nprojects that have a predefined total supply or distribute free tokens to\nadvisors, or investors etc. As long as you hold EHash, you can earn ETH mining\nrewards. That is, the added hashing power will not affect the value of the\ntoken but will provide you more ETH assets.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Shown as this pic<\/p>\n\n\n\n

If ETH price drops 20%, the APR of EHash\nwill subsequently drop ranging from 5% to 40%. However, it\u2019s still yielding\nmining reward for EHash holders. You\u2019re not forced to sell your position and\ncould hold till a day that ETH price recovers. During this hold period, you\u2019re\naccumulating ETH mining reward to mitigate your investment principle book loss.\nOn the contrary, if you\u2019re investing directly in ETH, a 20% price drawback\nmight place you in a very disadvantageous position, you can do nothing but wait\na long time for ETH price to recover, and you have no other revenues during\nthis period. If ETH price jumps up 20%, the APR of EHash will subsequently rise\nranging from 5% to 40%. If EHash price has the same valuation pricing multiple\nas before, it\u2019s obvious that its price will rise much more than 20%, an\nabsolute advantage over ETH. What\u2019s more, you\u2019re accumulating mining reward\nfrom the EHash hashing power.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>What exchanges do you have\nin your plans yet?<\/p>\n\n\n\n

Amy\nX: <\/strong>The next maybe Uniswap. More will be uncovered\nto community when are ready. Please stay tuned.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>nice! cool gains just from holding 😃<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>thanks for the answers.\nready to move on?😉<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes<\/p>\n\n\n\n

Q3 from Telegram user @Karoceh<\/em><\/strong><\/p>\n\n\n\n

Its interesting that ETH mining through\nholding EHash doesn\u2019t require to do anything except Just hold, check, claim.\nBut I think it will be even more interesting if Ehash support compounding features,\nso we don\u2019t have to claim every day and the funds will grow fast. Are you\nconsidering this option in the future? or do you have other opinions to\nmaximize the daily reward mining?<\/em><\/p>\n\n\n\n

Amy\nX: <\/strong>Good question. Our ETH mining\nprocess is simple. And we will have more mechanisms for users to gain more\nrewards for sure, such as our staking mechanism. And we will launch our\nreward mining too.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>it is very good! do not\nforget to share with us when everything is done! By the way, we have\nalready realized that you are loyal followers of Ethereum. 😁<\/p>\n\n\n\n

have you thought about using for mining\nother cryptocurrencies  like bitcoin or\nsomething else?<\/p>\n\n\n\n

Amy\nX: <\/strong>It will not take long. If you are interested,\nplease join our community https:\/\/t.me\/EhashGlobal. We will reveal details\nsoon.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Join Satoshi Clubbers!🚀🚀🚀<\/p>\n\n\n\n

Amy\nX: <\/strong>Good question. Maybe, but now we are focusing on\nETH.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Thank! Can we jump to the\nnext question? 😉<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, pls<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>@Cool_as_Ice shoot please😉🚀<\/p>\n\n\n\n

Q4 from Telegram user @meml97<\/em><\/strong><\/p>\n\n\n\n

Reading about EHash on the internet I\ncame across the fact that as of right now, your token is only listed on\nGate.io, but you do have plans to also be listed on Uniswap soon, however, this\nplatform has problems with EHash and its smart contract will lockup EHash\nholders\u2019 ETH mining reward, could you tell us why is that happening? What\u2019s exactly\nthe problem that Uniswap\u2019s smart contract is locking you up? Will this happen\nin other exchanges too? What plans do you have to solve this situation the best\nway and as soon as possible?<\/em><\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, you are right. Currently, EHash is tradable\non Gate.io. EHash will be listed on Uniswap soon. On Uniswap, if the\nassets are used for liquidity mining, the assets will be locked in smart\ncontract and Uniswap’s liquidity contract does not support counting and distributing\nthe ETH rewards that users mined by EHash. Therefore, there may be a problem\nfor having the mined ETH when users liquidity mining on Uniswap. This is the\nrule that decided by Uniswap features.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>is it possible to solve somehow?<\/p>\n\n\n\n

Amy\nX: <\/strong>We are designing a upgraded version and\nsolutions to solve the problem. With the new mechanisms, users can participate\nliquidity mining on Uniswap and at the same time mine ETH. EHash will\nwelcome more users by supporting liquidity ming and ETH mining at the same\ntime.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>cool! btw do you have plans regarding to\nBSC? if there is a problem on uniswaps maybe there will be no problem on\npancakeswap😁?<\/p>\n\n\n\n

Amy\nX: <\/strong>I can\u2019t tell for sure now. As you know, EHash is\nnative to Ethereum network. A very essential aspect with BSC and Heco is that\nthey are sponsored by Binance\/Huobi, two giant centralized exchanges. You have\nto route and convert any erc-20 tokens through the bridge offered by Binance or\nHuobi. Therefore it\u2019s partially centralized. However, if EHash got listed on\nBinance or Huobi and get their support for bridge conversion, it\u2019s for sure\nthat we can deploy EHash to work on BSC\/Heco. If that happens, holders will\nhave a better experience than Ethereum.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>great answer! thank you!<\/p>\n\n\n\n

Amy\nX: <\/strong>We will solve that problem and support our\nUniswap liquidity mining for our users instead of skipping it. Done with\nthis question.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>I still want to ask you more\nabout Ethereum. Did you predict what will happen to EHash after the release\nETH2.0😉<\/p>\n\n\n\n

Amy\nX: <\/strong>Good question. Becuase EHash is based on the\nEthereum PoW, EHash will ever-last as long as the Ethereum PoW network exists. But what\nwill happen after Ethereum transition to ETH 2.0? First of all, I don\u2019t\nthink ETH 2.0 will happen any time soon. \nI think ETH 2.0 might never become true. Even if it matures, PoW network\nmight become one Shard of ETH 2.0. What\u2019s more, if the Ethereum core developers\ngive up PoW and want a hard-fork. The PoW Ethereum network still exists. In\nsummary, ETH 2.0 doesn\u2019t mean the death of PoW Ethereum. As miners, we always\nbelieve PoW is so far the most reliable way of decentralization and consensus\nsecurity.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>agreed! i actually believe in PoW as\nwell<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Thank! Everything is clear\nto me! Flawless answers 😃 can we\nproceed to the next question?<\/p>\n\n\n\n

Amy\nX: <\/strong>Yes, Sure<\/p>\n\n\n\n

Q5 from Telegram User @NataliyaKil<\/em><\/strong><\/p>\n\n\n\n

The EHASH series of mining products\nincludes: \u201cBlocking Mining GT EHASH Annual Return 25%\u201d, \u201cBlocking and Earning\nEHASH Floating Interest Rate 100%\u201d and \u201cEHASH PoS & Earn Floating Interest\nRate 100%\u201d. Can you tell us about the main features of each of these mining?<\/em><\/p>\n\n\n\n

Amy\nX: <\/strong>Sure. This is a mining activity that we launched\non gate.io. Thank you for noticing that. I can post some\ndetails here<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong><\/p>\n\n\n\n

yes please<\/p>\n\n\n\n

Amy\nX: GT lock-up mining EHASH annualized income 25%<\/strong><\/p>\n\n\n\n

1. Start: 2021-02-25 10:00 UTC+8<\/p>\n\n\n\n

2. Token: GT<\/p>\n\n\n\n

3. Term: 7 days<\/p>\n\n\n\n

4. Annualized return: 25%<\/p>\n\n\n\n

5. Rewards is are distributed daily<\/p>\n\n\n\n

6. The reward comes from the actual onchain\nyield minus cost, which may vary from day to day.<\/p>\n\n\n\n

7. End time: 2021-03-04 10\uff1a00 UTC+8<\/p>\n\n\n\n

EHASH Lock-up and Earn, Floating Interest\nRate 100<\/strong>\uff05<\/strong><\/p>\n\n\n\n

1\u3001Token:\nEHASH<\/p>\n\n\n\n

2\u3001Handling\nFee: 0<\/p>\n\n\n\n

3\u3001Annual\nInterest Rate: 130%<\/p>\n\n\n\n

4\u3001Start\nTime: 2021-03-03 12:00 UTC+8<\/p>\n\n\n\n

5\u3001The\nprincipal and interest will be distributed when the lock-up period ends<\/p>\n\n\n\n

6\u3001End\nTime: 2021-03-10 12:00 UTC+8<\/p>\n\n\n\n

EHASH PoS and Earn, Floating Interest\nRate 100<\/strong>\uff05<\/strong><\/p>\n\n\n\n

1. To participate in PoS & Earn, users\nneed to join but do not need to lock-up the token<\/p>\n\n\n\n

2. There is no handling fee.<\/p>\n\n\n\n

3. The annual interest rate is 100% and\nwill be adjusted based on the amount of token mined.<\/p>\n\n\n\n

4. The interest will be calculated based on\nthe average amount of token in position over a 14-day period borrowed token\nexcluded.<\/p>\n\n\n\n

5. The interest will be distributed every\n14 days.<\/p>\n\n\n\n

6. To continue to participate in the\nprogram, users need to operate manually.<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>great, looks like everyone can\nparticipate. Thank you for clarification! i think we ready for the last question\nfrom this part? 😉<\/p>\n\n\n\n

Amy\nX: <\/strong>Thank you for so many good questions. And more\nare coming, right?<\/p>\n\n\n\n

D.\n\u041f\u0430\u043f\u0430 \u0420\u043e\u0443\u0447: <\/strong>sure! we also have 10 questions in part\n2 😁 and last one from this part 🙃<\/p>\n\n\n\n

Amy\nX: <\/strong>OK, come<\/p>\n\n\n\n

Q6 from Telegram user @Wormz28<\/em><\/strong><\/p>\n\n\n\n

To Help you grow and earn EHash for our\nwork, you are giving out EHash equivalent to 10,000USDT as reward during your\nbounty campaign. I\u2019m interested with this kinds of bounty programs, so can you\ngive us the full details on how we can join? Also my favorite of all is the\nInvite Contest and I really want to join, but I can\u2019t see how to participate, how\nwill you know the top three users who invite the most new users? Is there a\nmagic sentence or words need to be drop in the Ehash telegram group by the\nusers I invited, like for example \u201cim invited by @ inviter\u201d?<\/em><\/p>\n\n\n\n

Amy\nX: <\/strong>EHash Star Bounty campaign will last for a\nmonth. Participants can join by retweeting, inviting people to our community,\ncreating contents, etc. The purpose is to unify our community to help EHash\ngrow.<\/p>\n\n\n\n

\n

\ud83d\udd25\ud83d\udd25BREAKING NEWS! $EHash<\/a>

\ud83d\udcb010000 USDT is up for grabs in $EHash<\/a>'s first ever Star Bounty Campaign
Here are several ways to participate:
\ud83d\udd00Retweets
\ud83d\udcf8Videos
\u270d\ufe0fArticles
\u26a1\ufe0fActivators
\ud83d\udcf2Telegram
\ud83d\udc39Memes

\u23f1\ufe0fRunning from 8 Mar – 8 Apr

\u203c\ufe0fREAD: Instructions \ud83d\udc47https:\/\/t.co\/W4tNwGrWjg<\/a><\/p>— EHash (@EHashDeFi) March 7, 2021<\/a><\/blockquote>