The power of the AX1 mining platform

in #blockchain7 years ago

AX1 is a blockchain based mining platform that will benefit roken holders from mining various cryptocurrencies without the need for technical knowledge. AX1 token holders effectively purchase shares in a centralized mining pool, which is managed from a state-of-the-art data center. Rewards from mining activities will accumulate in a pool which, in turn, will increase the value of the AX1 mining token itself.

AX1 uses mining technology consisting of hardware and software. These hardware are known as "miners" or "mining rigs". Initially, mining can be done using a standard desktop computer, but for the most part this coin is no longer possible and specially designed miners are now required to mine most cryptocurrencies, especially bitcoins.

Miners are GPUs (Graphics Processing Units) rather than CPUs (Central Processing Units) because GPUs are better adapted to process a large number of repetitive workloads, making them more suitable for the type of labor intensive work involved in cryptomining. The AX1 token publisher will use most ICO results for the purpose of obtaining miners.

The AX1 team includes some experienced analysts in the mining market. In addition, we have retained external advisors to ensure that we get the right mix of miners to fit our strategic vision. For example, the most popular Bitcoin producer is Bitmain, and the main product for Bitcoin mining is Antminer S9.

New competitors coming to the market are the miner Halong Mining DragonMint 16T, which claims to be the most efficient Bitcoin miner in the world as it runs faster and stays at a much lower temperature than others in the market. Another consideration is Bitfury B8, because when we use additional facilities built.

Needless to say, the mining team is currently very busy analyzing all available options and modeling the optimal mixer of miners. The complete deployment strategy and desired inventory list will grow over the period up to and including the ICO, with a final decision on all inventory taken after the ICO is closed.

AX1 mining facilities

  1. Modern Data Center.
    The data center is located on a whole two-story building in a state-of-the-art data center in Manchester, England. This data center was only completed in 2015 and therefore offers the most recent system in terms of electrical loads, backup facilities, and some redundancies.
  2. IT Specialist
    One of the key factors of this choice is fast and easy access to highly qualified IT specialists. So, if there is anything wrong with any part of the system, it can be directly addressed.
  3. Cutting Edge Cooling
    Because data center facilities are on the cutting edge of temperature and humidity control, offering constantly controlled and controlled environments (using Liebert CRV and Knurr Smart Aisle cooling systems), any heating of the mining rig can be completely avoided.
  4. Data center protection.
    The data center is owned and operated by a British company, also based in Manchester, called Itility Limited (https://itility.co.uk). This will give the holder a sign full of peace of mind that all hardware is located in a stable environment and all contracts can be enforced under UK law.

Roadmap development

The launch of miner token
The AX1 platform has launched a token in the main Pre-ICO and ICO periods. Users may participate in the period at www.ax1.com. For detailed information, there is on Whitepaper and the latest information is on the AX1 social media channel.

(Website) = https://www.ax1.io/
(Telegram) = https://t.me/joinchat/H0-70RCWgkTDq1YHrzQKqg
(Twitter) = https://twitter.com/Ax1mining
(Facebook) = https://www.facebook.com/ax1mining/
(Medium) = https://medium.com/@support_98049
(Steemit) = https://steemit.com/@ax1mining

Bitcointalk link = https://bitcointalk.org/index.php?action=profile;u=1147480