BITMINER FACTORY: MAKING THE BLOCKCHAIN MINING PRACTICAL
REVIEW
As announced in a few distributions and online assets, the power required for overall crypto-mining exercises has expanded fivefold in under multi year, achieving a sum sufficiently high to manage the vitality prerequisites of entire nations, for example, Peru, Portugal or Israel. This figure is developing exponentially, and is required to twofold in the following a year, up to 150 TWh/year, as much as the yearly vitality utilization of the whole Netherlands.
blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping.
BITMINER FACTORY has been created to work on the challenges Blockchain revolution has been facing which is scaling-up and reducing the environmental impact of the mining activities
WHAT BITMINER FACTORY NOTICED ABOUT AS THE CHALLENGES FACING CRYPTO MINING
Mining is an intensive computational operation. It doesn’t matter what your mining method is, it’s always going to create heat. You need to keep your mining equipment cool at all times because heat reduces the efficiency of mining. The rig should have cross ventilation and cooling units any time your mining.
As you already know, the difficulty of mining increases as the number of miners in the network increase. It doesn’t matter how good you are; this factor is going to reduce your profit or mining shares. One way to wedge against this problem is to start with the best equipment in the market. This will help you sustain profit making for a long time.
Anytime your hardware isn’t mining; you’re losing money. So, it is important that you reduce downtime as much as possible. As stated earlier, having a good unit for power supply can help reduce downtime. Also, using a UPS will guarantee uninterrupted power in case of a sudden loss of power. Also, configuring your mining computer to start mining automatically on startup will help reduce downtime.
WHAT BITMINER FACTORY HAS TO OFFER
A FARM has been developed, now the largest in Italy, to sustain more than 1,000 mining rigs, with its dedicated electrical infrastructure of more than 1MW, mostly from renewable sources.
Cost of sustainable power source age has additionally diminished enormously finished
the previous couple of years, on account of the fast fall of the cost of advancements
what's more, the advancement of a bigger scale worldwide industry, and there is currently a
general agreement on the aggressiveness of renewables with petroleum products.
Renewables expect a +33% develop by 2022 and, as establishment quickens,
the cost condition for renewables will simply show signs of improvement and better.
Therefore, the utilization of sustainable power source to supply the utilization
necessities of the developing Blockchain biological community has turned out to be unavoidable to
ensure manageability of mining exercises.
Thе ѕuѕtаіnаblе ѕоlutіоn іѕ bаѕеd оn: Cоmmіttеd uѕаgе оf сlеаn еnеrgу, Rе-uѕе оf оthеrwіѕе wаѕtеd еnеrgу, Flеxіbіlіtу thrоugh mоbіlе mіnіng unіtѕ аnd Diversification thrоugh inexhaustible еnеrgу аѕѕеt оwnеrѕhір. It essentially mеаnѕ dіvеrѕіfуіng іnvеѕtmеnt оn both mіnіng аnd еnеrgу еԛuірmеnt.
Thе twо mаjоr mіnіng еԛuірmеntѕ uѕеd аrе GPU bаѕеd аnd ASIC(Aррlісаtіоn Sресіfіс Intеgrаtеd Cіrсuіt) bаѕеd gear, tо mine dіffеrеnt сrурtосurrеnсіеѕ..
Reuse of something else squandered vitality: vitality plants everywhere throughout the world, either inexhaustible or not, frequently have vitality left that isn't utilized and goes to squander. We have set up associations that enable us to take advantage of these vitality sources, limiting the need of creating extra vitality for our mining purposes, profiting the earth while conceding us a bring down cost control supply;
Adaptability through portable mining units: our mining units can be effortlessly moved around (consider them "on-the-wheels" independent
At Bitminer Factory, we are focused on:
Make the Blockchain manageable, by utilizing sustainable power source for mining reason
Convey exceptional ROI to our Token Holders. Sustainable power source Projects will fortify our situation to accomplish both the objectives above.
With 30% of the returns of the ICO, surpassing $20M, we will contribute specifically in the development of Solar/Hydroelectric power plants. The 100% spotless and sustainable power source result will be utilized to specifically control our mining hardware. Vitality ventures are capital concentrated and require a noteworthy scale: hence, we put resources into Energy extends as it were past the $20M stamp, as yet keeping up our duty to a greener mining arrangement if continues will be beneath $20M. Our group is exceptional in permitting the conveyance of such an eager match: bleeding edge mining and hand crafted and fabricated Renewable vitality ventures. Truth be told, among our originators, we have an aggregate of 30+ long stretches of encounter building sustainable power plants, for a sum of 1000+ MWp introduced in different mainlands.
Token Description
BMF TOKEN: ERC-20 TOKEN PLATFORM
ICO- Up to 100 million BMF with nominal value of 1$ per BMF
SOFT-CAP: $0.5M
HARD-CAP: $10M
PAYMENT FOR BMF: BTC, ETH and EURO
PRIVATE SALE: 25/5/18 to 20/6/18
TOKEN ALLOCATION
The above chart means that every 88 BMF purchased by Token Holders, 10 BMF will be issued to Bitminer Factory Management and 2 BMF willsupport our Bounty Program and marketing effort.
All BMF tokens will be issued at the End of the ICO, on 30/9/18, to Token Holders who have purchased the tokens.
TEAM
These are the amazing team behind this commendable project
)
Bitminer Factory helpful links
Website: https://www.bitminerfactoryico.io
Whitepaper: https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4647309
Twitter: https://twitter.com/bitminerfactory
Telegram: https://t.me/bitminerfactoryico
Writer: Crystaljonah
Email: Crystalljonah@gmail.com