Virtual currency is gaining popularity every year and today, most likely, there is not a single person in the world who would not have heard about digital assets. These assets are mined through mining. At the moment, there are only 3 types of virtual currency mining in the world, which are able to make a profit:
- cryptocurrency mining at home;
- application of cloud services for virtual currency mining;
- industrial mining.
The first type of cryptocurrency mining is the least profitable because of the high cost of electricity.
The second has many disadvantages:
- lack of control over equipment;
- no contact with equipment suppliers;
- failure of service owners to provide data on real production capacity;
- lack of expenditure data;
- the location of production facilities is hidden from customers.
Therefore, today the most profitable and transparent is the third type of mining – industrial. It is this type of production of digital assets and offers to do the project BatMine.
Project objective
The main goal of the developers is to create the most profitable industrial center for the extraction of virtual currency, providing its customers with maximum income.
What you need to know about BatMine?
Production facilities of the company BatMine will be located simultaneously on the territory of two States – Bulgaria and the Czech Republic. This is due to the fact that the jurisdictions of these countries allow the use of mining equipment and cryptocurrency mining. In addition, the tax rate in these countries is only 10 per cent, which is significantly lower than in a number of other European countries.
Also, the main reasons for the choice of these States for industrial mining include:
- moderate climate allowing to reduce cooling costs;
- a large number of qualified personnel ready to service the equipment for a relatively low fee;
- stable and high-quality connection to the Internet;
- low price for electricity - 4 cents per 1 kWh produced by renewable sources.
Initially, the total capacity of ASIC devices used to obtain digital assets by BatMine will be 55 TH / s. Used computing devices will be equipped with chips with 10-nm processes with the lowest power consumption. Each month, the total capacity of the miners will increase, as 20 percent of the income will be allocated for the purchase of new computing equipment and replacement of the old one.
The company will mine cryptocurrencies based on the SCRYPT algorithm, namely ETH, LTC tokens and a number of others. In the case of a sharp decrease in the cost of one of the tokens, experts will switch to the production of more profitable altcoins, which will make BatMine a more successful company.
It is important to note that customers will only be able to buy equipment that will operate and be serviced within the framework of Batman, providing them with income minus the cost of electricity and maintenance, as well as be able to buy separately power and specify the currency for production. Both in the first and in the second case, customers will need internal BATM tokens, which are the main means of payment of the company, to pay for the services of the company.
What do investors need to know?
Each investor who has invested their funds during the ICO period will receive a specialized investment agreement from the company, under the terms of which 30 percent of the revenue of Batman from all types of services will be distributed among investors.
The services provided by the company include:
- mining of digital assets;
- agreement on provision of capacity to rent;
- equipment maintenance contracts;
- sale of equipment of own production.
The relevant agreement is concluded for a period of 10 years. Payments under this agreement will be made on a monthly basis, and their size will directly depend on the amount of investment.
Dates and details of the ICO
The creators of the project intend to release 350 million BATM, which can be purchased in the period from January 2 to March this year. The cost of 1 BATM will be 0.00133 ETH.
Softcap project - 1 million euros, hardcap - 19 million euros.
The distribution of tokens is as follows:
Conclusion
The creation of a project aimed at industrial mining is not a new idea, but the conditions offered by BatMine are much more profitable than all competitors operating in the market today. And, given the fact that this service will be used for mining algorithm SCRYPT, its profitability is guaranteed.
Therefore, investing in the development of BatMine can be very profitable for investors.
Official resources of the project BatMine:
- WEBSITE: https://batmine.io
- TELEGRAM: https://t.me/batmineICO
- WHITEPAPER: https://batmine.io/wp-content/uploads/2019/01/20190110-Whitepaper-FINAL.pdf
- ANN THREAD: https://bitcointalk.org/index.php?topic=5096491
- FACEBOOK: https://www.facebook.com/BatMineICO/
- MEDIUM: https://medium.com/batmine
AUTHORSHIP:
- MY BITCOINTALK USERNAME: GPScrypto
- MY BOUNTY0X USERNAME: gpscrypto
- MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2535461
- MY ETH ADDRESS: 0x9a02710019646974D4cD261836090281dDdB1e1f
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