INMINING will allow all interested users to participate in industrial-scale Bitcoin mining without having to buy expensive equipment or join a mining group. The project will be centered around Russia's largest data center, which will be built in the Alabuga Special Economic Zone. As a resident of SEZ, INMINING will enjoy significant benefits, which will provide a serious competitive advantage and maximize the benefits of mining.
Although the growth of the Bitcoin market has returned in Q2 2019 after a long decline, the mining company of Bitcoin still faces several challenges. Rising energy prices, lack of technical competence, low profit margins, high taxes, increased pressure from the authorities, lack of locations with the necessary infrastructure - these problems all cause many mining companies to fail and close.
INMINING will solve all the problems listed above thanks to its unique location and chosen technological solution. Very low electricity prices in the Alabuga KEK (only $ 0.025 per kWh), together with sufficient tax and customs benefits, will enable the project to maximize its profits.
At the same time, BitFury container mining solutions will ensure maximum capacity and mining efficiency on an industrial scale.
This project will create a value that is distributed among token holders thanks to an innovative lottery model that will allocate a portion of the mining profits between users. Another part of profits will be reinvested in new mining equipment to compensate for the possible decrease in the level of profit margins in the future. But another part of the profits will be allocated to buy back INMG tokens on the open market and then burn them to maintain the long-term stability of the tokens.
Bitcoin mining:
The dynamics and trends of 2019 mark the 10th anniversary of Bitcoin. More than a decade, prices have grown by a factor of 2 million. Market capitalization increased by 20 times compared to 2013. Bitcoin is traded on more than 400 exchanges, along with 1500 altcoin and tokens.
INMINING Solution
INMINING uses an innovative approach that will solve all the problems outlined above. Data centers 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 project organizers 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 for only $ 0.025 per kWh.
Sales are not contracts but tokens, assets that have their 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:
Token INMINING will be freely available not only during tokensale but also afterwards, on cryptocurrency exchanges. Likewise, anyone who wants to be 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 coming months, and its location in 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
- Re-investment in new mining hardware - 50% of profits
- Buy INMG by burning further - 15% of profit
- Lottery among token holders - 35% of profit.
- 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
- 75% - tokens sales
- Team - 15% of all tokens are sold but not more than 15% of total emissions
- Prize campaign - 8% of all tokens sold but no more than 5% of total emissions
- 85% - Mining, installing and installing hardware, land rent, infrastructure
- 13% - Overhead, including marketing
- 2% - Other fees (including legal fees)
Q1 2019:
- Begin preparations for data center construction; team formation; negotiations with representatives of the Alabuga Special Economic Zone.
- The hardware manufacturer's preferred mine, the formation of a marketing partnership, works on white paper and Tokenomik, the white paper that is audited.
- Marketing campaign, launch of the prize campaign, starting from a closed presale.
- The main public round, distribution of tokens, registers at the first crypto exchange, start data center construction, purchase of mining hardware, team expansion.
- AC BlockBox payment and delivery, installation and setup, data center launch, work on interfaces for lottery and polling.
- First income, listing on five other crypto exchanges, lottery testing and selection procedures.
- The first lottery and poll.
- The first buyback-and-burn round.
- Buy and launch another mining module.
information:
- https://inmining.io/files/white_paper_english.pdf
- https://inmining.io/en/
- https://twitter.com/inmining_io
- https://www.facebook.com/inmining.io/
- https://t.me/inmining_en
- https://www.reddit.com/user/INMINING
By (cah.nglumud)
Bitcointalk Profil : https://bitcointalk.org/index.php?action=profile;u=2656478
ETH Address : 0xf621224583E23aD79dAA5B85128a46b8cD2f9D07
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