‘Bitminer Factory’ (ICO Review) #The Blockchain Revolution with renewable Energy#

djuicestar (25)in #bitminer • 6 years ago (edited)

Bitminer Factory is a leading cryptocurrency Mining Operation fed with Renewable Energy and managed by a Team of clean energy and mining experts. By purchasing BMF tokens with ETH or BTC we are entitled to use their Mining Assets and Services and receive our part of the Cryptos generated by the Mining Operation.

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, they are the largest industrial crypto-mining group in Italy. Today, they decided to go to the next step: they want to allow everyone to participate in their project, by purchasing their token. It’s a mining contract, which allows anyone to benefit from the production of their mining and renewable energy plants.

Key Figures

Infrastructure
– 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. An advanced filtering system will allow air to pass, blocking dust or other contaminants, ensuring reliable operations in any environment.

– 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. Furthermore, the MMUs can be moved cheaply and quickly, as they are based on standard containers.

– 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 operator to immediately locate the machines that need an intervention.

The Problem Bitminer Are Solving
Blockchain and mining have been on investors’ lips for the past few years, and they observed a huge spike in interest since 2017, along with the surge of the price of Bitcoin and other cryptocurrencies. Today, many think that Blockchain will revolutionize business and redefine companies and economies.

However, cryptocurrency mining, the significant architecture behind the Blockchain ecosystem is an energy-intensive activity and such as it comes likely with a large carbon footprint, which needs attention. In order to perform their tasks, miners need to execute computationally-intensive algorithms on the Blockchain using a plethora of high-tech equipment, such as customized microprocessors or specialized Graphical Processing Units.

As reported in several publications and online resources, the power required for worldwide crypto-mining activities has increased fivefold in less than a year, reaching an amount high enough to sustain the energy requirements of whole countries such as Peru, Portugal or Israel. This figure is growing exponentially and is expected to double in the next twelve months, up to 150 TWh/year, as much as the yearly energy consumption of the entire Netherlands. This trend is, clearly, unsustainable, but is deemed to remain due to the rising difficulty of mining operations and the increased competition in the field.

Bitminer Sustainable Solution Is Based On 4 Key Pillars
Committed usage of clean energy,
Reuse of otherwise-wasted energy,
Flexibility through mobile mining units,
Diversification through Renewable Energy asset ownership.
To sum, their solution allows us to diversify our investment on both mining and energy equipment. This will ensure the security and sustainability of the solution going forward, reaching a point where the cheap and eco-friendly supply will be a key differentiator among the numerous competitors.

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.
Renewable Energy Projects will strengthen our position to achieve both the goals above.

Their team is unique in allowing the delivery of such an ambitious pair: cutting-edge mining and custom-designed and built Renewable energy projects. In fact, among their founders, they have a total of 30+ years of experience building renewable power plants, for a total of 1000+ MWp installed in various continents.

ICO Structure Initial Contract Offering
Bitminer Factory is developing an Initial Contract Offering (“ICO”), whereby Mining Contracts are offered to their Clients (“Token Holders”). The “BMF” token, an ERC-20 token built on the ETH platform, outlines a Mining Contract between Token Holders and Bitminer Factory. Each BMF entitles the Token Holders to certain contractual rights.

Token Strategies
BMF Token Holders may benefit from the mining contract embedded in the BMF Token by Holding It, Trading It or participating in our Buyback Plan. Holders will benefit from yearly payouts in Cryptos that will be proportional to the amount of BMF; each Token Holder has in relation to the overall amount of BMF Tokens in circulation. BMF will be listed on selected Crypto-exchanges as well.

ICO structure (Token Allocation, Use of Proceeds..)

Projected Yearly Returns for BMF Token
The chart below gives you the return of each BMF after one year of operation, depending on BTC Price. E.g., if after one year after the End of ICO BTC Price is $14,000, we expect a BMF yearly return of 191%, i.e. BMF will be priced at least 1.91$. In the following table, we computed the yearly payout for a Mining Contract (i.e. BMF) worth 100 a year zero, depending on BTC Price. A Yearly Performance Loss of 20% was assumed. E.g., if BTC Price will stabilize at $14.000 over the next 3 years, $100 spent on BMF Mining Contracts will be worth $455, 32 in three years’ time.

Why BMF Token is Better than Alternatives Investments

How does Bitminer Bounty Program work?
Their Bounty Program is the program incentivizing the sale of BMF tokens. All supporters that will take part in the sale through the Bounty Program will accrue the right to 2 BMFs every 88 BMFs bought to clients they introduced, in addition to the 2.5% of the value of the order. All BMF owners can take part in their Bounty Program using the Referral Link available in the user dashboard when the Public Sale starts.

Investment Calculator

Bitminer Mining Farm
They are running over 1000 Miners in our Mining Farm and in 3 Mobile Mining Units in Calenzano (Florence, Italy), powered by 1.2MW and 20 Full Time Team members

Roadmap