Feeding the Blockchain Revolution with renewable Energy
Bitminer is a startup from Angeli’s Group, constructors and energy producers for 40 years. With more than 20 collaborators and more than €3M revenues, we are the largest industrial crypto-mining group in Italy. Today, we decided to go to the next step: we want to allow everyone to participate in our project, by purchasing our token. It’s a mining contract, that allow anyone to benefit from the production of our mining and renewable energy plants.
Our sustainable solution is based on 4 key pillars:
- Committed usage of clean energy: we pledge to use an increasinglyhigher amount of energy from clean power sources, such as hydro and solar plants. We will place our decentralized mobile farming equipment close to eco-friendly sources, drastically reducing the amount of CO2 we would require if we used traditional energy plants;
- Reuse of otherwise-wasted energy: energy plants all over the world, either renewable or not, often have energy left that is not used and goes to waste. We have set up partnerships that allow us to tap into these energy sources, minimizing the need of producing additional energy for our mining purposes, benefiting the environment while granting us a lower-cost power supply;
- Flexibility through mobile mining units: our mining units can be easily moved around (think of them as “on-the-wheels” autonomous computing containers), therefore it will be easy for us to reach the plants that have the highest spare capacity from time to time, or new purposely built renewable power plants;
- Diversification through Renewable Energy asset ownership: they will strengthen our position to achieve our goals. With 30% of the proceeds of the ICO, exceeding $20M, we will invest directly in the construction of Solar/Hydroelectric power plants.
MINING EQUIPMENT
GPU-BASED EQUIPMENT GPUs
(Graphics Processor Units) were originally designed to improve and optimise the 3D graphics of the most demanding video games. They are much faster than the main computer processors (CPUs) at doing specific calculations, and, thus, are very suitable to mine cryptocurrencies.
COST
Following the incredible price increase of cryptocurrencies in the last 12 months, many people and organisations have entered the mining space, buying an unprecedented number of GPUs to be devoted to mining.
DURABILITY
Obviously, a fast GPU that lasts few months is not the best investment; also, while abundant information is available online with respect to the speed of each card, no statistically-significant data is available with respect to the durability. How to find the right model and the right make for your investment?
ASIC-BASED EQUIPMENT
There are many type of ASIC (Application-Specific Integrated Circuit) designed for mining, and we will focus on the ones that are able to mine Bitcoin, by far the cryptocurrency with the largest market cap.
INFRASTRUCTURE
Our machines will be co-located with the energy plants, to minimise the energy distribution cost and leverage excess energy right where it is created, and will be able to move whenever new, better opportunities will arise.
We have designed two proprietary housing solutions for our machines, Gigapod, to house up to 5000 units (GPU or ASIC), and Mobile Mining Unit (MMU), to house up to 300 units. We studied every detail of it in order to optimise:
- COOLING AND RELIABILITY Thanks to CFD (Computational Fluid Dynamics) analyses, we designed ample paths to allow air in and out of the Gigapod and of the MMU, while consuming just a fraction of the total energy.
- COMPACTNESS Each Mobile Mining Unit (MMU) can house up to 300 units (GPU or ASIC) in a compact footprint, while each Gigapod can house up to 5000 units.
- MONITORING A dense net of sensors are embedded in the Gigapods and in the MMUs, allowing our team to monitor performance, temperatures, power consumption, and state of each piece of equipment, thus letting us actively prevent and identify any hardware malfunctioning.
- MAINTAINABILITY Each machine is accessible easily and rapidly, allowing for prompt maintenance when needed. A detailed dashboard and clear labels/ indicators allow every operators to immediately locate the machines that need an intervention.
RENEWABLE ENERGY PROJECTS (REPS)
At Bitminer Factory, we are committed to:
- Make the Blockchain sustainable, by using renewable energy for mining purpose
- Deliver outstanding ROI to our Token Holders.
ICO
Initial Coin Offering
Token Info |
| Name | Bitminer |
| Ticker | BMF |
| Platform | ETH |
| Type | ERC20 |
| Soft-Cap | $0.5M |
| Hard Cap | $100m |
| Accepted Payment | BTC, ETH and EURO |
DATE |
STARTS | END | BONUS |
25/5/18 | 20/6/18 | 20% |
20/6/18 | 20/7/18 | 18% |
20/7/18 | 8/8/18 | 12% |
20/8/18 | 20/9/18 | 6% |
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TOKEN ALLOCATION |
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USE OF PROCEED |
TIMELINE
Private Sale successfully completed on 20 June 2018 with over $1M BMF tokens sold.
We are running a Pre-ICO until 20 July 2018 and launching the ICO on 21 July until 30 September 2018
25th May | Private sale -20% Discount |
20th Jun | -18% Discount |
20th Jul | -12% Discount |
20th Aug | -6% Discount |
20th Sep - 30th Sep | End of ICO BMF issued and listed on exchanges |
TEAM
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More Information
| Website | : | https://bitminerfactoryico.io/en/ |
| Whitepaper | : | https://bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf |
| : | https://www.facebook.com/Bitminerfactory/ | |
| : | https://twitter.com/bitminerfactory | |
| Medium | : | https://medium.com/@BitminerFactory |
| Youtube | : | https://www.youtube.com/channel/UCqLAPSZh |
| Telegram | : | https://t.me/bitminerfactoryico |
Author
| BitcoinTalk Username | : | adterna |
| BitcoinTalk Profile | : | https://bitcointalk.org/index.php?action=profile;u=1200759;sa=summary |
| : | srialyamaulana@gmail.com | |
| Eth Address | : | 0x522A57A9267b6A54ddE2f9a89863304CD0391827 |
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