BatMine: Green High-Speed Crypto Mining
INTRODUCTION
Cryptocurrency mining, or crypto-mining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.
Each time a cryptocurrency transaction is made, a cryptocurrency miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction. The mining process itself involves competing with other cryptominers to solve complicated mathematical problems with cryptographic hash functions that are associated with a block containing the transaction data. My dear readers walk with me as i take you on this journey of crypto-mining.
What is BatMine project
Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger, BatMine aims to become the most profitable crypto mine in existence. We combine safe, predominantly European locations, an excellent team, low cost, mostly green energy, unrivalled hash power of up to 55 TH/s for our BTC miners, and LTC miners with the best cost/performance ratio. We optimize switching between the currencies we mine to maximize the yield of the BatMine for all of us. Apart from using our hash power you can also use your own! You can buy our miners and run them at our BatMine location. All proceeds minus a fee for electricity, operation, service and management are yours. Our safety, low cost electricity and high hash rate will make your mining significantly more profitable.
BatMine ICO
GREEN MINING
To lower the carbon footprint from mining we pledge to use as much green energy as is available. We have pre-contracted an excellent price of around 4 cents per KwH.
Professional Team
Our team has experience in cryptocurrency mining and blockchain in general, they breathe crypto and are both motivated and able to make this project happen.
Hash Power
We use miners with a hash power of up to 55 TH/s. For LTC, ETH and other scrypt-algorythm based coins we use mining chips with 10nm, 5M scrypt hash per chip and an ultralow energy usage of 0.5W/M hash power.
Distribution of hash power
Our ERC20 BATM tokens can be exchanged for Mining-as-a-Service (MaaS) services and Custodial service packages. We distribute the proceeds monthly.
Legally compliant
In case of an official legal compliancy- and license requirement in our country/ies of operation, our mines will be fully legally compliant and licensed.
Safe Locations
All locations are environmentally and politically safe.
In what BatMine project different than other Mining ICOs ?
The most unique feature for me about the batmine project is that users of the platform will be enabled to benefit from the sales made from the platform, and also from other generated income from services on the platform. And batmine will get the users benefits from Mining of crypto currencies, mining as a service, custodial services, and hardware sales.
Location, guaranteed profit sharing, and hash power. Most mines are located in countries with difficult or even hostile environments. Things can change there, and fast. Our mines will be located in the European Union, one of the most crypto mining friendly and stable regions in the world. Unlike any
other prior mine, or ICO in fact, we offer legally binding and legally valid profit sharing.
BatMine Token Allocation
In total 70% of the tokens are sold. BatMine reserve 15% of the tokens. For Bounty, Airdrop and Advisors we reserve 10% of tokens. The team is rewarded for their hard work with 5% of the tokens.
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Funds Allocation
Construction and mining include: building and maintenance of the co-location including ventilation and fire installations, miner equipment, office setup, technical back office setup, and the cost for the first year of operation of electricity…
Marketing includes: any marketing and PR related costs to promote the project and gain customers. Operations include: any costs not covered by the above.
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BatMine Profit Allocation
ICO tecnical details :
ICO Timeline
Q4 2017
Conception of the idea to do an ICO. Market research into ICOs and into legal options of profit sharing with investors. Verification of Silent Partnership Framework with the Czech National Bank.
Q1 2018
Market research, concept brainstorming.
Q2 2018
Project concept formulation, Market research, Gathering information on the newest technology, Profit sharing concept, First ICO Drafts
Q3 2018
ICO preparation, Whitepaper, Investment Agreement, Website etc.
Q4 2018
ICO finalization, preliminary contact with institutional investors.
Q1 2019
ICO execution
Q2 2019
Location for the mine, Electricity connection, Purchase of the needed Equipment, all setup- and preparatory activities, installation of first miners.
Q3 2019
Miners installled and mining. First profit sharing.
TEAM :
For more information, Visit the links below
Website: https://batmine.io/
whitepaper : https://batmine.io/wp-content/uploads/2018/12/20181231-Whitepaper-FINAL.pdf
TWITTER: https://twitter.com/BatMineICO
FACEBOOK: https://www.facebook.com/BatMineICO/
TELEGRAM: https://t.me/batmineICO
BountyOx username: Claudio8
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2712490