"INMINING data center will use the BlockBox AC containerized hardware from Bitfury"

About

INMINING will allow all interested users to participate in industrial-scale mining of Bitcoin without having to buy expensive equipment or join a mining pool. The project will center around Russia’s largest data center, to be built in the Alabuga Special Economic Zone. As a resident of the SEZ, INMINING will enjoy significant benefits, which will give it a serious competitive advantage and maximize the profitability of its mining.Even though the growth of the Bitcoin market has resumed in Q2 2019 after a long downturn, Bitcoin mining companies still face some challenges. Rising energy prices, the lack of technical competences, low profit margins, high taxes, increasing pressure from authorities, the lack of locations with the necessary infrastructure – these problems all cause many mining companies to fail and close down.INMINING will solve all the issues listed above thanks to its unique location and chosen technological solution. The extremely low electricity price at the SEZ Alabuga (only $0.025 per kWh), together with ample tax and customs benefits, will allow the project to maximize its profits. At the same time, the containerized mining solution by BitFury will ensure maximum capacity and efficiency of mining on an industrial scale.The project will create distributed value among its token holders thanks to an innovative lottery model that will allocate a share of the mining profits among users. Another part of the profits will be reinvested into new mining equipment to compensate for a possible reduction in the profit margin rate in the future. Yet another share of the profit will be allocated to buying back INMG tokens in the open market and then burning them to maintain the long-term stability of the token.

Current issues in Bitcoin Mining

Tightening regulationsThe authorities of many countries are considering a full ban on mining for both companies and private individuals. In particular, mining may soon be banned in China, which hosts over half of the world’s mining hashrate.Lack of infrastructureA mining enterprise requires a separate, secure territory; 24/7 access; professional tech support; and much more.High energy costsFew jurisdictions can offer the affordable electricity and scalable access that are necessary to build a successful mining operation.Excessive taxesTaxes often eat up most of the profits.

INMINING Solution

The project provides an effective solution to all the key issues plaguing large mining businesses.The Alabuga Special Economic Zone is one of Europe’s top locations for launching large industrial projects. Thanks to its dedicated railway terminal, equipment can be delivered directly to the site. The data center’s security will be guaranteed by the fenced-off territory, professional security personnel, and in-house fire brigade.Affordable energyThe site provides a total of 350 MW of power (of which 30% is currently unused) and a free-of-charge service connecting the production to the electricity mains.Tax exemptionsINMINING will be exempt from land, property, and transport taxes for 10 years. Furthermore, the territory of the Alabuga Special Economic Zone is considered a free customs area.

Mining Operations

The INMINING data center will use the BlockBox AC containerized hardware from Bitfury. This will allow for easy scaling with a minimum step of 1.2 MW, the minimization of capital investment, and fast setup and launch.Top-level productivityA BlockBox AC mobile data center is comprised of 176 air-cooled servers with a total hashrate of 14 PH/s.Innovation & scalabilityBlockBox AC is one of the most powerful yet least costly solutions available in the global Bitcoin mining market.MobilityBlockBox AC data centers are a comprehensive, containerized solution that can be positioned in any geographical location.ReliabilityThe round-the-clock monitoring and tech support provided for the BlockBox AC guarantee maximum productivity and fast problem resolution.Remote performance monitoringThe owner of a BlockBox AC can remotely monitor the hardware using a browser interface or a mobile app.Next-generation technologyBlockBox AC data centers can be easily upgraded by replacing only the necessary components.

Benefits of Containerized Mining Solutions:

• Minimal costs
• Fast delivery to the site
• Quick setup and launch
• Uninterrupted functioning even in difficult conditions
• Protection from rain, snow, and bad weather
• Mobility
• Ease of use
• Remote monitoring and management
• Enterprise-grade quality
• Easy upgrades
• Environmentally friendly
• Simple design

INMG Token

Type: ERC20Token distribution: in 10 days after the completion of the initial token saleListing of the token at crypto exchanges: December 2019Additional emissions: NoINMG tokens are not to be considered a security, investment asset, or financial derivative. Listing on crypto exchanges: soon after the completion of the token sale.Please note that US citizens and residents (tax or otherwise) are forbidden from buying, selling, or transferring INMG tokens. Potential buyers from other countries and jurisdictions must first ensure that purchasing INMG tokens is legal and allowed in their jurisdiction.

Roadmap

January 2019

Start of preliminary planningfor the data center construction

March 2019

Site selection and negotiationswith the representativesof the Alabuga SEZ

April 2019

Market research and selectionof the hardware provider

March 2019

Formation of thetoken sale team

May–June 2019

Preparation for the token sale

July–September 2019

Launch of the advertising campaign andthe first stage of the token sale

September–November 2019

Main stage of the token sale

November 2019

Completion of the token saleand token distribution

December 2019

Token listing at crypto exchanges,start of the data center construction work

February 2020

Launch of the data center

Team

Marat Akhmadullin: CEO / serial entrepreneurKirill Rechich: CTOStanislav Medyulyanov: Founder & serial entrepreneurSergey Fadeev: Founder & owner of a construction companyAlexey Nasybullin: IRMaxim Neretin: Marketing manager.

For More Information Click Link Bellow:

• Website: https://inmining.io/en/
• Whitepaper: https://inmining.io/files/white_paper_english.pdf
• Telegram: https://t.me/inmining_en
• Facebook: https://www.facebook.com/inmining.io/
• Twitter: https://twitter.com/inmining_io
• Reddit: https://www.reddit.com/user/INMINING

Author ( thewoyo10 )

Bitcointalk Profile :  https://bitcointalk.org/index.php?action=profile;u=2346772 

ETH Address : 0xBf48642AEd041fD1E800C52d51246ca0227b3426