BITMINER FACTORY; A NEW APPROACH TO CRYPTO MINING!

BITMINER FACTORY; A NEW APPROACH TO CRYPTO MINING!

You may have heard of bitcoin mining. It’s significantly different from traditional mining, to say the least!

Mining is the process by which new blocks are created on the blockchain. In Bitcoin, a new block is mined

every 10 minutes. Some cryptocurrencies have a faster block transaction time, while others have a slower time. Essentially, this means that a Bitcoin transaction takes a maximum of 10 minutes to process.

Mining validates each new transaction on the blockchain. In order to do that, the miner (which is a computer or processor) solves a unique, difficult math puzzle. These puzzles require enormous computational power.

Since Bitcoin was first introduced, the difficulty of these puzzles has increased exponentially, which means more power than ever is needed to solve the puzzles.

To put the computational power into perspective, miners were tracked trying 450 thousand trillion solutions per second to solve the puzzles – and that was all the way back in October 2015 as reported by The Economist.

Why would someone spend all this computational power on math puzzles? It’s because they get rewarded with bitcoin – or other cryptocurrencies, if you’re mining other cryptocurrencies. Miners receive a set amount of cryptocurrency for every block that is mined, along with a cut of the transaction fees for all transactions in the block.

BITMINER; A NEW APPROACH TO CRYPTO MINING!

Bitminer Factory (BMF) 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 you are entitled to use their Mining Assets and Services and receive your part of the cryptos generated by the Mining Operation.

This company basically have an organised team with an interesting project in mining of cryptos, you benefit from the company by

buying their tokens during their ICO, you can also participate in their bounty program to get free token by clicking here. Below are some of the relevant information obtained from their page;

Today, many think that Blockchain will revolutionize business and redefine companies and economies. However, cryptocurrency mining, the fundamental architecture behind the Blockchain ecosystem, is an energy intensive activity and as such it comes potentially with a large carbon footprint, which requires 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. The first who can solve a specific problem on the Blockchain gets a reward in Bitcoins (or whatever currency is being mined), hence the rush in employing powerful machinery that can allow to obtain such compensation.

 BMF offer solutions to this challenge by allowing you to diversify your investment on both mining and energy equipment. This will ensure the stability 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.

WHAT CAN YOU DO WITH THE TOKEN

Hold It — Hold BMF Token and receive Yearly Payouts in Cryptos and benefit from AIM Listing. BMF mine the most valuable and profitable Cryptocurrencies but your yearly payouts will be converted into ETH and distributed to you via Smart Contract.  BMF Team plan to list Bitminer Factory on the UK Alternative Investment Market at the end of Year 3 following the End of ICO. BMF token holders at that time will be given privileged access to the listing.

Sell It — Play it safe with BMF’s BuyBack Plan. BuyBack Plan ensures BMF liquidity and value increase. Management will issue a quarterly operations report and offer BMF holders to buy back their tokens.
BMF aim at launching the first BuyBack at Q1 from End of ICO on 31/12/18 at 1.1$ per BMF with 10% quarterly increases.

Trade It — Trade your BMF Token on BuyBack Plan. BMF are implementing an Exchange on their website and are in talks with established exchanges to list BMF Token.

Below  is an overview of some of  the works BMF Operations Team has  undertaken in the last month;

Fabio Bulgarelli, Chief Operations Officer at Bitminer Factory, while reviewing the project for the cooling system at BMF Mining Farm in Calenzano (Florence, Italy)

First 500kW Mobile Mining Unit MMU-P14 in Bosnia Herzegovina

Bitminer Factory sold c. 1.5M BMF tokens, equivalent to c. 3330 ETH at current exchange rates, in the Private Sale completed on June 20th. You can read detailed report here. They are already deploying funds with the development of their first Mobile Mining Unit MMU-P14 in Bosnia Herzegovina, at their local Partner in Nova Topola. They have access to electrical infrastructure already into operation, which will speed up the connection to the electrical grid of our mining facility and ensure a very low electricity price (0.066€/kWh). The MMU-P14 is a containerized solution, optmised for best heat management, and developed along with a major Graphics Card manufacturer, providing an easy-to-install mining unit with 14 GPUs in a chassis with dedicated fans. The MMU-P14 will house 250 of such units with a total hashing capacity of 101.500MH/s.

THE BENEFITS OF BMF ICO

1.      There is use of assets

2.      There is a renewable energy as the  project aims to generate clean electricity and stable revenue.

3.      There is a mining farm to generate cryptocurrencies.

4.       There is a vault to securely store your cryptos.

 In conclusion I will definitely say that considering  the various logistics put in place to ensure the success of this project, like the buy back plan, use ability of the token, renewable energy plan and past  records of the company, investors  should  consider  taking part in the ICO and also look into further partnership with them.

 For further information, you can  click the links below.

BMF ICO Website: https://www.bitminerfactoryico.io/en/
BMF Mining Farm: https://www.bitminerfactoryico.io/en/bitminer-factory-mining-farm
One Pager: https://www.bitminerfactoryico.io/doc/One_pager_EN.pdf
Pitch Deck: https://www.bitminerfactoryico.io/doc/Pitch_bitminer_EN.pdf
Whitepaper: https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf
Mining Contract: https://drive.google.com/open?id=1HpjtxAf-tIAY48NyIrS3QvQqscw18j-mSAlHL1m6HfA
Facebook: https://www.facebook.com/Bitminerfactory/
Reddit: https://twitter.com/Bitminerfactory
Telegram: https://t.me/bitminerfactoryico