Ambit mining is a next-gen infrastructure company, which utilizes mining, hosting and cloud mining services. Ambit has a track record and experience in running a successful mining operation. The company has already constructed 1 MW diversified mining facility in Tbilisi Free Economic Zone and 5 MW hosting facility, which has achieved 100% ROI in just 5 months.
Building on this successful project, Ambit now aims to scale its operation to 20 MW and invites mining enthusiasts to join the Ambit mining family. The Ambit teams experience in this field helped the company to secure partnerships, with leading hardware manufacturers and companies that will allow the running of a successful and profitable mining operation.
Video Ambit - ICO announced:
AMBT is a token with payouts, that entitles the token holders to the percentage share of the total profit of the mining and hosting operations, which will be paid out on bi-weekly basis. Allowing every mining enthusiast to become part and enjoy the benefits of the large mining operation.
**Token with Payouts **
Token holders will be entitled to the profit share from the Ambit mining and hosting operations, which will be paid out bi-weekly in ETH at pro-rata basis.
**Risk Diversification **
Ambit provides an opportunity for diversifying the risks, by investing in the mining infrastructure. Since the farm will be mining using both ASICs as well as GPUs, the income is not dependent on a single coin’s performance.
**Decentralized **
Ambit believes in a community-driven business and decentralization, so 85% of the total token supply will be available for the public sale.
**Ownership **
In case of sale of assets, such as ASICs or GPUs, when they become outdated, the proceeds will be paid out to token holders at pro-rata basis.
**Voting Rights **
Token holders will have the voting rights, which means that they will be able to participate in certain business decisions when it comes to innovation and improvement of our operations.
At Ambit, we believe in a community-driven business and decentralization - the core idea behind the concept of cryptocurrencies. In order to stay true to these beliefs and the promise of decentralization, we decided to offer a vast majority of our tokens - 85% to the public, while the remaining 15% is split among team and advisors, company reserve and bounty campaign.
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