August 23, 2018
Cryptocurrency Mining For Charities?
Fundraising is every charity’s greatest challenge. Cudo Donate is a new way for charity supporters to give by donating spare computing power.
Find out more: https://www.cudodonate.com/carbon-neu… Visit https://www.cudodonate.com and start donating to your charity!
Crypto-mining for good causes
September 7, 2018
You may spend a lot of your time in front of your computer, but for most of the time, the machine is effectively idle, says Alison Coleman for Forbes. Matt Hawkins became aware of this wasted computing power while at C4L, the data-centre network business he founded, and determined to put it to good use. “I really wanted to do something good with this, and actually won an HSBC Business Thinking competition for entrepreneurs around the ideas I had for it,” says Hawkins, “but the technology back in 2011 just wasn’t available so it became a long-term goal.”
In 2013, he dabbled in cryptocurrency, and then decided to combine both ideas. The result was Cudo Miner, a program that allows users to use their computers’ spare capacity to mine for (ie, create) cryptocurrency in return for a fee. Hawkins has also recently launched Cudo Donate, which people can use to donate their cryptocurrency to good causes. Run on a not-for-profit basis, Cudo Donate charges a commission to cover the costs of running the service and for buying the carbon credits that make the service 100% carbon neutral. It aims to raise £1bn.
Read full Money Week article here
This Entrepreneur Plans To Raise Over $1Billion For Charity – Using Your Computer’s Spare Power
September 2, 2018
It’s hard to believe when most of your working day is spent staring at a screen, but most of the time your computer is effectively idling, and one entrepreneur has come up with an ingenious way of putting that spare PC power to good use.
Matt Hawkins is founder and CEO of Cudo, which recently launched a new software product Cudo Donate. It turns previously unused or wasted computing power into cryptocurrency without impacting the usability or performance of the machine, generating income for the owner, and more importantly for charities. This innovative twist on mining aims to raise £1 billion ($1.3 billion) for charity within the next five years.
Read the full Forbes article here
Cudo Ventures
December 6, 2018
An increasing amount of startups are trying to implement blockchain technology. At the events over the preceding month, a handful of companies I’ve seen are already operating through a blockchain technology platform.
Cudo Ventures set up by Matt Hawkins is driving the crypto revolution, with their application allowing you to contribute the processing power of your laptop or desktop, whilst it is inactive. The processing power is used by Cudo Ventures for cloud mining purposes.
For anybody unfamiliar with mining, I’ve done some research into it, discovering that it is the source of generating bitcoin and other various crypto currencies.
Crypto currencies are generated through mining processes, which ensures a fixed amount of the currency in circulation. For example, Bitcoin has a maximum supply of 21 million bitcoins, which is forecast to be reached in 2040. At this stage, all the mining of Bitcoin will be complete.
Mining crypto currencies gets more complex the more that gets produced, this ultimately prevents computers mining all the currency at too fast a rate. This characteristic ensures the currency isn’t susceptible to hyperinflation, as it has a limited supply.
Mining can be done by a computer at a site or by cloud mining. The latter is the type that Cudo Ventures extracts from customers. This is ultimately mining from different data sources to harness enough computing power to generate Bitcoin. This culmination of processing power from numerous sources is combined for mining.
Members such as you and I can leverage our unused computing power for mining services and generate income from the site in return.
Do you wish you could give more to charity, but you just can’t seem to find the right time due to your busy schedule?
With Cudo Ventures there is to ability to donate your computing power for charitable causes. The company are currently raising $1bn in revenue for charity, with users enabled to choose their own charity for donating Satoshi (smallest denominated unit of Bitcoin).
This untapped computing power offers the foundations for mining to benefit users, charities and the overall community through the process.
Over 50% of IT Hardware is not being used daily, the infrastructure is now in place to capture this wasted computing power, with Cudo Ventures using crypto as a baseline currency on their platform.
The company launched their Beta version last quarter and I recommend you download the software for yourself and try it out. They currently have 5,000 active users and command a cost per acquisition in the region of 30p to £1.
They have received £1.5mn in funding so far and are currently gauging a £15mn valuation.
For anyone unfamiliar with the blockchain technology and mining, I have referenced a source below that I found useful for understanding the crypto revolution better.
Summary
Entale is currently on the Seedrs platform and have not completed their round of funding yet. They are currently seeking equity investment to fund a bridge round and are aiming to launch a Series A round of funding next year. They have currently received £435k in funding to date. You can invest in the company through the Seedrs platform.
Cudo ventures and Shoppar are not on any active equity crowdfunding platform. If you are looking to invest in them should go to the respective company website, and see if you can get in contact with regards investment opportunities.
Read full article here
“An efficient cryptocurrency miner designed for both new and veteran users alike that can adapt mining capabilities based on current system usage.
While CudoMiner may not make you rich with your home PC, it will at least earn enough to soften some of the power bills, but if you have dedicated machinery just for crypto mining, then prepare for some serious profit using CudoMiner’s adaptable settings.”
Read the full review here
100% CLEAN award granted by Softpedia
“The Key to Staying Profitable When Mining Revealed by Software Startup“
“A company has released the beta version of its cryptocurrency mining platform – the first iteration of “simple to setup, highly automated” software that is aimed to appeal to newbies and seasoned professionals alike“.
Read the full article here
“Cudo Mining Software Lets Users Mine According to Profitability”
“At a time when various cryptocurrency miners have to leave the industry because of the year-long bear market, a new mining software called Cudo Miner is is changing the game with highly efficient software to optimise hashrate and profitability”.
Read the full article here
“Cudo Mining Software Set to Re-Ignite the Mining Sector”
“2018 Bear market was not just disastrous for the investors but it also ran havoc for the mining industry as well. Many Bitcoin individual miners had to shut down their operations and sell-off their expensive mining rigs at dirt cheap prices”.
Read the full article here
“How to earn money from idle computer power”
“The CEO and founder of Cudo Ventures explains how people can earn money for charities by harnessing the power of their idle computers”
Read the full article here
“Cudo Miner is set to challenge established GPU mining players, using smart mining software that finally bridges the gap between command line and GUI miners. Its new mining platform means anyone from professional to novice miners get access to the most advanced and easiest-to-use platform available. Week-long comparison testing shows Cudo Miner is currently more than twice as profitable as competing miners”.
Read the full Article here
“Cryptocurrency mining company Cudo today announces the long-awaited open beta launch of its crypto-mining platform: Cudo Miner. An intelligent GUI miner with multi-algo switching technology built-in, Cudo Miner is the smart miner packed with features designed to optimise mining operations and maximise profitability”.
Read the Full Article here
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