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Introducing: JNSHash Mining

The Janus Team has just released a video teaser for a side project they call JNSHash.

Naturally, this small rather mystic video from the Janus Team (and one of the few signs of life and evolvement from them in a long time) was soon followed by questions in their community Slack, and thus, also some very welcome answers from the team:

Q&A

ropes [5:34 PM]

ok so
Janus now has a mini mining setup?

ascendus (Janus PR manager) [5:43 PM]

This is side work Bjorn and myself are working on to grow Janus back to proper value combined with business site delivery. This is the beginning of a farm expansion and will be part of JNS revenue. The final values cannot be disclosed until all machines are assembled and tested.

We will have more information once the acquisition of machines has completed over the next 2-3 months.

crowne [6:16 PM]

When I invested in JNS I didnt sign up for no mining….but I’ll wait to speak: this may be a good idea or it may be bad….Since Russia is getting into mining as well as N. Korea…My only question: what coin is being mined?

ascendus [6:20 PM]

@crowne, We have been mining over *12 coins* steady and convert portions to NXT and others that show promise. So it is a combination of positive income from both mining and trading.

Our office has secured 4 cents per kWh with the local electric company. This is all the information that I am able to release for now. Please note, this side business is something just bjorn and I work on while developers finish the sites. Separate but part of Janus as a whole.

krjalone [6:28 PM]

Why not. Its side work and adds more value to Janus. Been mining too from 2013 so I am a bit familiar with it too.

Update: The JNS business sites

Lobos, (Janus’ lead developer) jumps in here [6:33 PM]

On a related note,

I am able to report that most of the dev work for our first-to-be-released project has been completed and that we’re mostly down to expanding what the UI can do, load testing and general bug testing/squashing.

Work on our second-to-be-released project is also progressing and now, after the summer break and a few personal crises which cost time and focus, has our full attention.

So even though we’ve been quiet, we’re still working on getting stuff done and making progress.

We understand our investors’ concerns and appreciate their faith in us. We do not intend to disappoint any of you.

bjorn_bb (Janus’ director of marketing) [8:55 PM]

Thank you for taking time from your day to converse and view part 1.
You will notice, when I panned the camera, an empty rack in the video.

This was symbolic.
And its labeled part 1 for a good reason.

Have a great week everyone thanks again for the support you give our team publicly and in private.

Janus (JNS) AE News page | janustoken.com | Twitter | YouTube | Slack #janusproject

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