e-Gold minig
Krypto money mining is one of the most popular business branches of today. Mining and mining equipment emerged as a separate sector and is increasingly developing. Because mining crypto plays an important role in the trading and transfer of currencies, Krypto coins will continue to exist in quite a way of mining.
Fluctuations in the cryptocurrency market make it challenging to make mining, especially in long-term markets. During such periods, the increase in hardware prices, electricity costs, and the decrease in profits due to maintenance costs decrease the attractiveness of mining.
About a year ago, in January 2018, the price of an Antminer S9 was around 5000 USD, while today the rate dropped to one-tenth (500 USD). In this case, it is complicated to obtain profit by mining at home. While the increase in electrical costs reduces benefits, device and maintenance costs do not leave an advantage.
E-gold mining proposes asset backed mining by eliminating all the risks of home mining. Home the environmental and financial risks of mining, no hardware costs, no maintenance costs, no wires, no electricity cost, it doesn't. All of this would be the passive income of e-Goldmining instead. The main mission of the project is to maximize the profits of token owners E-Goldmining in the long run. Therefore, the longest held token owners will receive the most awards. Wallet holders with more G-points will receive most of the prize. However, if the tokens are moved to the stock market wallets, there will be no profit share.
The main goal of the E-gold minig project is to become a leading brand in the United States in krypto money mining profit sharing. There are a small number of companies currently in the United States doing this job is very good in terms of market opportunities and growth. After the necessary work, Krypto in South Dakota was chosen as the starting point for money mining.
E-Gold will make less mining using cloud mining. Cheapest mining contracts will be offered on the market. The reason is that electricity costs are low. By determining monthly fees for a low price, it will enable users to gain profits. E-gold cloud mining is developed in three different ways. You need to determine one of the development methods, such as cloud mining contracts, mining array projects, and regular mining operations. Therefore, it is difficult to decide on precise projection and convert it into investment.
E-Gold mining token holders and 50% of the profit earned through mining will be shared. The amount of profit received by a token holder will increase by the number of tokens it has accumulated. Token holders will be given G-points at the rate of the number of ECM token arrests in their wallet every month. The G points system is meant to ensure long-term retention of the EGM token. It is important to keep them in your wallet for as many days in a row as the number of EGM tokens you have.
One of the most important objectives of launching e-goldmining LLC is to build a structure that can provide its own cash flow without financing from external sources. The firm's expansion strategy is designed to move profits to larger sizes. 20% of the net profit per month will be allocated to buy more ASIC miners. Cloud mining contracts will also increase in parallel.
E-Gold mining will gradually focus on the use of renewable energy. Each year solar farms and wind farms will be allocated a certain budget to build. In the long run, cheaper and safer mining will be possible as electricity prices will drop.
ICO Information
Token EGM
TypeSecuritySTO
Price 1 EGM = 1 USD
Bonus Available
Bounty Available
Platform Ethereum
Accepting ETH
Minimum investment 100 USD
Soft cap 500,000 USD
Hard cap 25,000,000 USD
Country USA
Whitelist/KYC KYC
Restricted areas USA
Phase 1
Initial (Self) Costs
Regulation CF
Lawyer - $5000
Business Registration - $500
Website - $1500
Marketing + Misc Expenses - $40-50k
Campaign videos
Campaign graphics
Advertising
Booth Expos
Portal - No upfront costs
republic.co
TOTAL expenses =$45-55k
Goal for Phase 1 = $1.07m raised
6% portal fee → $1m.
Minimum required → $500,000
Phase 2
$500k Allocation
$125,000 for Priority Token (UK/Asia) Marketing Package
$125,000 for FoxTail Marketing Package
$125,000 for Different Aspects of Marketing
$65,000 for Smart Contract Creation and Audit for eGM Token Contract
$60,000 for Directors Travel Expenses
Goal for Phase 2 = $12m raised minimum
- If Phase 2 goals are met under $1m, remaining funds will go into purchasing more ASIC miners.
Phase 3
$3m for Startup Expenses
$1m warehouse/electric infrastructure lease for first year
$48/sqft/year = $60k/month
$1m for farm setup
Contract work (IT, HVAC, Construction)
Materials (shelves, wires, fans, network supplies, etc.)
$500k reserved for misc. expenses
Exchange listings
$500k legal retainer & insurance
$1m for s
$500k Initial Electricity Funding
Pay off electricity bill for first 2 months
$500k Emergency Funding
Phase 4
$6m for Mining Machines (Based on 9/12/18)
BTC ($1m) - 380 BTC in first year
ETH ($1m) - 3300 ETH
ZEC ($2m) - 44000 ZEC
LTC ($1m) - 42000 LTC
DASH ($1m) - 7800 DASH
DCR (expansion)
XMR (expansion)
Hardware
BTC - Antminer s9j (14.5Th/s)
ETH - Antminer E3 (190Mh/s)
ZEC - A9 ZMaster (50ksol/s)
LTC - Antminer L3++ (580Mh/s)
DASH - A5 DashMaster (65Gh/s)
DCR - Pangolin Whatsminer DCR (44Th/s)
Start of Operations
Core Team
Advisors
Useful Links
Web: https://www.egoldmining.com/
White Paper: https://docs.google.com/document/d/1TIyvneKZPFo1bR8mRN3Qto7Nc3oivCARzAh_lpi9kBc/edit
Bitcointalk Bounty : https://bitcointalk.org/index.php?topic=5101406.0
Facebook: https://www.facebook.com/eGoldMining/
Twitter: https://twitter.com/eGoldMining
Telegram: http://www.telegram.me/eGoldMining
Linkedin: https://www.linkedin.com/company/egoldmining/
Author: Ali Olgun
Mew: 0x5a36bbeCC1eAFcAeF405C3F3CffFce0d31b70244
Bitcointalk ID: https://bitcointalk.org/index.php?action=profile;u=1876805