SWISS ALPS MINING PROJECT ((ICO 2018))-THE LARGE-SCALE SMART MINING...

I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

INTRODUCTION:

Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.

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Each time a cryptocurrency transaction is made, a cryptocurrency miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction. The mining process itself involves competing with other cryptominers to solve complicated mathematical problems with cryptographic hash functions that are associated with a block containing the transaction data.

The first cryptocurrency miner to crack the code is rewarded by being able to authorize the transaction, and in return for the service provided, cryptominers earn small amounts of cryptocurrency of their own. In order to be competitive with other cryptominers, though, a cryptocurrency miner needs a computer with specialized hardware.

While cryptomining can generate a small income for a cryptocurrency miner, in most cases only in the amount of a dollar or two per day for an individual using their own dedicated computer hardware. Expenses like electricity, internet connection, and computing hardware also impact the net revenue generated by cryptocurrency mining.

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In order to get started mining, cryptocurrency miners will need dedicated computer hardware with a specialized graphical processing unit (GPU) chip or application-specific integrated circuit (ASIC), sufficient cooling means for the hardware, an always-on internet connection, a legitimate cryptocurrency mining software package, and membership in both an online cryptocurrency exchange as well as an online mining pool

Aspiring cryptominers should also know that as cryptocurrencies have risen in both popularity and value, competition has increased substantially as well and now includes organizations and enterprises with more extensive resources than most individuals can compete with.

In reference with the motion of this article, Today, I will be presenting you a particular undisputed project called: SWISS ALPS

WHAT IS SWISS ALPS?

Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for longterm stationary use. Thereby, SAE preserves the aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.

We are connecting the world of blockchain with the Swiss mountains. We offer environmentally friendly mining in unused buildings in the Swiss alps, reducing power consumption by up to 50% thanks to natural climate conditions and an ORC power recovery system.

ABOUT SWISS ALPS

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The blockchain community worldwide faces strong headwinds due to the very energy-intensive mining process of crypto currencies and blockchain-based business applications. At the same time, in the Swiss alps, thousands of unused structures are disintegrating due to the fact that today’s spatial planning law does not allow for residential use of these buildings.

Swiss Alps Mining & Energy strives to enable environmentally friendly mining of crypto currencies in the Swiss alps. Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business.

SAE is a Swiss startup company in the area of crypto mining and energy, located in Huenenberg, Canton of Zug. SAE plans to start operating crypto mining farms in the Swiss alps in 2018 – a pioneering project. These farms are situated in buildings no longer used by local farmers. SAE will at the same time operate small hydropower plants to produce the electricity needed for crypto mining.

Blockchain, crypto currencies, and environmental issues Blockchain technology revolutionizes the view on conventional fiat currencies as it enables the mining of digital currencies. The introduction of bitcoin changed the entire landscape and became the gold standard for crypto currencies.

Yet, acceptance of crypto currencies among the wider public is still proving difficult as some providers are associated with reputational issues. The overall shift to digital currencies is progressing slowly, and this breakthrough technology is rarely being used to its full potential. Blockchain is more than just an aspect of crypto currencies.

The blockchain technology simplifies a wide range of business and transaction processes, provides transparency and safety, makes centralized intermediary parties unnecessary and reduces costs. This change is within reach – in industry and everyday life. However, blockchain technology requires a certain framework and regulatory guidelines in order to function safely and as intended.

Furthermore, blockchain technology-based business models greatly depend on energy supply. The price and availability of electricity are important factors for mining processes. This has led to the outsourcing of mining facilities to countries with low environmental standards, where relatively cheap fossil energy sources mainly are used to produce the necessary.

Swiss Alps Mining & Energy connects these two worlds by offering environmentally friendly mining facilities in unused buildings in the Swiss alps, powered by renewable energy only.

Swiss Alps Energy AG will hold an Initial Coin Offering (ICO) in early 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants. The SAM token, Sam, is an ERC20 token. It can be used as means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.

Swiss Alps Energy AG (SAE) the company.
Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts. The team has successfully developed and launched several products, solutions and applications based on the blockchain technology. The company is currently going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).

Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for longterm stationary use. Thereby, SAE preserves the
aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.

SWISS ALPS EXPLANATION VIDEO

SWISS ALPS TEAM BOARD

Gian-Carlo Collenberg Founder and CEO Gian-Carlo is a blockchain enthusiast and constantly strives for new applications and business models. He is the heart of the project, and his experience in turning ideas into practical applications of the blockchain technology combined with his profound knowledge of the energy markets make him the undisputed driving force of SAE. Gian-Carlo is a member of the commission of public buildings and facilities of the municipality of Hofstetten-Flueh. His goal is to promote blockchain technology and its uses to a wide public.

Mike Rava Founder and CMO For more than 25 years, Mike has been involved with various companies in the field of engineering, development, marketing, project management and consulting. The rapid technological change of our time coupled with his untiring pursuit of innovative and promising projects, have led him to blockchain technology. He has developed a wide variety of solutions in the areas of digital assets, digital identity, smart contracts and distributed apps.

Ramon Simon Founder and CFO Ramon, engineer and manager, keeps track of all project-related activities and manages the resources. With his technical and engineering skills, he also monitors the evaluation and acquisition of the hydropower plants. His interest in the blockchain technology grounds in his desire to develop faster, more transparent and safer payment systems. This quickly led him to broader blockchain applications, while never leaving the solid framework of managing a project’s finances according to highest corporate governance standards.

Christian Giger Head of construction mining cubes When it comes to working on the cubes, installing components and solving all sorts of problems, Christian is indispensable. He is always on site, and his manual skills are outstanding.

Zekeriya AK Head of electronics Zekeriya Ak, Head of electronics Zekeriya is a certified electrician and SAE’s security advisor. As head of electronics he wires the cubes and will be responsible for the development of the internal power grid, the electricity stemming from the hydropower plants. He has broad experience in both electronics and power grids

Pascale Uccella Santosh Kumar Head of human resources With her broad experience as manager of human resources in public institutions and private enterprises, Pascale skillfully accomplishes the at times challenging task of handling the needs and requirements of the vivid and creative SAE blockchain community.

Navjeet Kumar Fullstack developer Navjeet is a graduate from the prestigious Cochin University of Science and Technology. He has in the past been associated with the rainmakers of the software sector in India — Wipro and Infosys. Besides his dedication to putting together another meticulously devised code, he travels the world to explore new destinations.

Crissi Robert Blockchain developer specialized in Ethereum Virtual Machine Give her a quiet corner in the office and Crissi will work away from dusk until dawn, making short work of even the most complex tasks. Her blockchain skills have made her an integral part of various projects related to technology.

Ajay Parmar Front-end developer A serious technology enthusiast, Ajay adores his gadgets. He describes himself as a learner for life and is intrigued by the infinite possibilities of introducing blockchain across various domains. A PHP programmer, he is eager to learn new technologies, especially the decoding of blockchain intricacies.

Karan Ahuja Blockchain developer specialized in Bitcoin Core A graduate from Manipal University of Technology, he has in the past worked with Urban Clap and PayUPayments. He firmly believes that Bitcoins can transform the world by transcending the boundaries of state, religion, race, or gender.

Santosh KumarBlockchain developer As a keen photographer, Santosh’s constant quest to bring out the very best in every scene has seen him transform even the most challenging of assignments into absolute works of art. His inclination towards understanding the nuances of new-age technologies is what drives him and has peaked his interest in exploring the various applications of blockchain technology. He has been associated with companies such as HCL Technologies and Novatium Solutions.

Ankur Dharwal Blockchain developer specialized in Hyperledger framework Mr. Dependable, Ankur is the man to turn to in case of any issues ranging from complex coding to fixing computers. His exceptional skills at coding have been instrumental in making him a key member of his team at his previous work places such as Ericsson and IBM.

Goutham Krishna Blockchain developer specialized in smart contracts on Hyperledger framework During his internship program with Ernst & Young Goutham realized that the magic he could create with Hyperledger fabric was his true calling.

Divy Trivedi Supporter Divy is an expert team leader and his association with IBM laid the foundation of his career. He is an exceptionally talented Photoshop artist and always keen to hone his skills.

Sanjay Jaiswa Back-end developer The quintessential team player, Sanjay’s love of football helps him to bring a sportsman’s attitude towards work and team bonding. He is particularly fascinated by the myriads of applications and infinite possibilities of blockchain technology

Arnav Chaudhary Fullstack developer with IoT-focus Arnav pursued his passion for electronics in various DIY projects from flood alarms to defense robots. His eyes light up when you ask him a question about IoT or robotics. He is also the founding member of SolarMobil, which has since successfully developed a solar-powered car.

Hinal SutharFullstack developer Give her a laptop and an internet connection and you will see Hinal do magic as she puts together seemingly random strings of data to build breathtaking webpages. Her expertise in UI development make her a core member of the web development team

Hitesh Trivedi Fullstack developer Hitesh aka App Guru is your man for everything to do with web design. Blockchain technology is where his heart is, as he generates bewilderingly immersive contents to create the backbone of every app and webpage. Sonal Parekh Designer Sonal is the undisputed illustrator queen and a magician when it comes to digital paints and brushes. She has the singular ability to create rich and detailed masterpieces from mere sketches. Fullstack developer Give her a laptop and an internet connection and you will see Hinal do magic as she puts together seemingly random strings of data to build breathtaking webpages. Her expertise in UI development make her a core member of the web development team.

Shital Prajapati Fullstack developer Shita’s enthusiasm for work makes even the most daunting task seem approachable. Her passion for fiction is the only thing that can keep her away from her workstation. She is always up to date with the latest distributed ledger developments in the techworld.

Himanshu Phogat Back-end developer A self-proclaimed gadgetophile, Himanshu has ample experience in Android app and backend development. His real skill, however, is in harnessing the power of blockchain, developing applications of every kind, Infosys in particular.

SWISS ALPS ROADMAP

SWISS ALPS ICO ANALYSIS

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The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the SWISS ALPS PLATFORM

Token supply: A total of 11984126913 Sam tokens (100%) will be issued on the Ethereum blockchain using a smart contract. Sam will comply with the ERC20 standard and will be freely transferable on the Ethereum platform. These tokens will be the only Sam ever issued. Of this total:

14’583’333 Sam (12.17%) are allready sold in the token pre-sale. SAE has raised $5000000 in this initial funding round. Subsequent token sales will be made at significantly higher prices. -SOLD OUT
75296269 Sam (62.83%) will be reserved for the main token sale and for future token sales and activities (see below).
11984127 Sam (10%) will be reserved for the founding team and partners, of which 70% will not be tradeable for one year.
9587302 Sam (8%) will be reserved for early angel token owners and advisors, of which 60% will not be tradeable for 3 years.
2396825 Sam (2%) was used for the first boutny campaign.
5992063 Sam (5%) will be reserved for future contributors (see below).
(2.4 Mio of this 5% will be used for a second bounty Campaigg.

SWISS TOKEN ANALYSIS

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The fact that SAM Cubes and SAM Power Plants operate with blockchain-based contract solutions enables the purchase as well as the settlement of transactions by means of crypto currencies and smart contracts.

The SAM token (Sam) is an ERC20 token. It can be used as a means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges. All services provided by SAE as well as the purchase of power and cubes will be paid in SAM tokens.

This includes renting and buying of mining units, electricity supply from SAM Power Plants, hosting of blockchains on decentralized SAM Units, and the development of blockchain-based services such as global KYC. Important note: The ICO smart contract code can be viewed on GitHub.

Swiss Alps Mining & Energy is using Ethereum, currently the most widely accepted platform. Ethereum offers all the benefits of a blockchain (full traceability, non-reputability, etc.) as well as multiple source language implementations that encourage integration. Ethereum will handle only the parts requiring consensus, transparency and accountability. Other services will continue to be provided using existing technology and development provided by Swiss Alps Mining & Energy. The SAM token needs a transactional blockchain with a powerful system of smart contracts. These smart contracts must be able to ensure that a transaction can be combined with the results of previous transactions to provide auditable and consistent results. To date, Ethereum is the only stable system that has achieved widespread adoption and offers these abilities. Sam tokens are minted via a token sale smart contract and can be held in any Ethereum ERC20 compatible wallet. They will be tradable outside the SAM platform, as they are ERC20 tokens with inherent value in the exchanges. The technical solution of the SAM platform consists of two main elements: