"INMINING uses an innovative approach that will solve all the problems outlined above"
"Hello dear readers, do you want to do mining but have problems with high costs? It has always been interesting for me to bring you blockchain news and innovate. Hundreds of new projects are appearing every day in the Blockchain world. I follow projects for you and share real projects with great potential. Today I'm going to talk about the Inmining project. They offer new solutions for the mining industry.
As you know, problems have recently increased and the requirements for current mining problems have become more stringent. First, they should include the following questions:
- Tighter regulation. Everyone knows that a complete ban on extraction for companies and individuals is now being discussed in many countries. This is true even in China, where half of the world's production capacity is located.
- The high cost of electricity. Unfortunately, only a few can afford affordable electricity and the opportunity to expand to ensure steady growth.
- Lack of infrastructure. In order to fully organize the extractive production, such infrastructure as a specialized site, a protected area, around the clock access, professional support and others are required.
- High taxes. Sometimes taxes reach such a level that they absorb most of the investors' profits.
The production of Inmining Data Center will be based on the use of BlockBox AC modular equipment by Bitfury (container installation). This equipment facilitates the expansion and scale of production in 1.2 MW increments while at the same time completely minimizing capital construction costs and guarantees rapid installation and commissioning.
The principle of intrusion
Inmining has the following advantages over competitors of this type:
- Ability to join at any time. Nomination tokens will be freely available not only during the sale of tokens but also subsequently on the cryptocurrency exchanges. Similarly, anyone who wants to become a member of Inmining can do so at any time. Cloud mining providers regularly stop bitcoin contracts when they do not have free mining equipment.
- Transparent process. The data center will be built in the next few months and its location in IES Alabuga is known. This distinguishes the project from cloud suppliers who often do not have their own mining equipment.
INMINING Solution
INMINING uses an innovative approach that will solve all the problems outlined above. The data center will be built in the Alabuga Special Economic Zone in southern Russia.Finding the location of a Bitcoin farm in the SEZ will ensure maximum profit not only for the project organizer but also for all token holders:
- Lower electricity costs: Although cloud mining agriculture is usually located in countries where energy is relatively cheap (for example, China, Iceland, Sweden, Georgia), they still cannot compete with INMINING at only $ 0.025 per kWh.
- Selling is not a contract but a token, an asset that has its own value: Cloud mining customers must first pay a fixed contract price (from $ 0.5 for 10 GH / s) and then daily management fees without receiving any assets in return. INMINING members , by contrast, will not only get the right to take part in the lottery and win some Bitcoin mined by the project, but they will also receive tokens that they can dispose of freely.
- Possibility to join at any time: INMINING tokens will be freely available not only during tokensale but also afterwards, on cryptocurrency exchanges. Likewise, anyone who wants to become an INMINING member can do it anytime. Cloud mining providers regularly stop selling Bitcoin contracts when they don't have free mining equipment available.
- Transparent process: INMINING data center will be built in the next few months, and its location in the KEC Alabuga is known. This distinguishes the project from cloud mining providers, who often do not have their own mining equipment.
INMINING a business model
- Electricity costs and other overhead costs
- Reinvestment in new mining hardware - 50% of profits
- Purchase INMG by further burning - 15% of profit
- Lottery among token holders - 35% of profit.
This procedure will have several positive effects:
- Maintaining long-term token stability
- Increase liquidity and trading volume
- Motivate INMG holders to maintain their tokens, which will add stability.
Initial token offer
- Ticker: INMG
- Standard: ERC20
- Decimal: 18
- Total emissions: 150,000,000 INMG
- Minimum purchase amount: $ 100
- Payment method when buying on the exchange: BTC
Token Allocation:
- 75% - token sales
- Team - 15% of all tokens sold but no more than 15% of total emissions
- Gift campaign - 8% of all tokens sold but no more than 5% of total emissions
Budget allocation:
- 85% - Mining, installation and installation hardware, land leases, infrastructure
- 13% - Overheads, including marketing
- 2% - Other costs (including legal fees)
Roadmap
- Q1 2019: Begin preparations for data center construction; team formation; negotiations with representatives of the Alabuga Special Economic Zone.
- Q2 2019: Mine selection of hardware manufacturers, formation of marketing partnerships, work on white papers and tokenomics, audited white papers.
- Q3 2019: Marketing campaign, launch of the prize campaign, starting from a closed presale.
- Q4 2019: Main public round, token distribution, register at the first crypto exchange, start data center construction, purchase of mining hardware, team expansion.
- Q1 2020: Payment and delivery of AC BlockBox, installation and setup, launch of data centers, work on interfaces for lottery and polling.
- Q2 2020: First income, register on five other crypto exchanges, lottery testing and voting procedures.
- Q3 2020: The first lottery and poll.
- Q4 2020: The first buyback-and-burn round.
- Q1 2021: Purchase and launch of other mining modules.
Maybe this is all I can tell you, if you have questions about this project please comment or you can directly visit the link that I have provided for you to find out more in detail about their project, and once again I apologize if there are deficiencies in words said delivery about this article, things have been reviewed in advance about the making of this article. Thank you
ACCURATE INFORMATION
- 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 ( Sengkuni )
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2215475
ETH Address : 0x841195014dd6AE32F3eC4B914fbEB1CCc73aC51E