Blockchain technology is an outstanding and amazing technology which will certainly disrupt this current era in due time. Cryptocurrencies can either be bought via Initial Coin Offerings, Mined or through trading in cryptocurrency exchanges either decentralized or centralized.
In simple terms, mining of cryptocurrency is the act of setting up a mining rig for supported coins as every crypto has its own requirements, after successful set up then mining occurs. Looking at mining, there are numerous approaches to mine cryptocurrencies or different approaches, to begin with mining which can come as;
a. Home mining,
b. Cloud mining,
c. Industrial mining.
The Current Issues
In the cryptocurrency mining industry today, Home mining is easy to set up yet has ended up being not beneficial due it's high energy utilization.
Then again, Cloud mining is reasonable for private or individual mining while being faced with different issues, such as the absence of straightforwardness and command over the equipment just as its maintenance. Also getting related with this sort of mining, the individual won't have any contact at all with the hardware providers nor is there an outline of the equipment cost and models. Another issue is the privacy associated with the mining facility just as its ability as well as no details on expenses.
In the same way, the last kind of mining known as Industrial mining has demonstrated to have more preferred standpoint than its partners. Industrial mining is for corporate organizations and has turned out to be productive and rewarding particularly when mining is done by means of ASICs mining equipment. Therefore attributable to its worthwhile nature, it has prevailed with regards to drawing more cooperation from all players in the mining business.
Even at that, this sort of mining has its issues which are; it requires a high level of expertise, it is costly to set up just as to oversee. Also, attributable to its expensive nature it is less available to most miners.
All things considered, inferable from the rewarding idea of Industrial mining, a team plans to make Industrial mining open to all. The team believes that this feat will be achieved by comprehending the issues thereby building a crowdfunded modern or industrial mining known as BatMine.
WHY BATMINE?
BatMine intends to offer an extraordinary industrial mining facility which is totally not quite the same as what is existing in the crypto space today, in this manner offering a Blockchain Applied Technology (BAT) which will be managed by experienced blockchain specialists and digital artisans, along these lines offering ascend to a platform known as BatMine.
This mining industry resulting from the mix of blockchain specialists and digital artisans will be productive, fast, progressed and economical subsequently offering a platform where all individuals regardless of their location can join.
In terms of beneficial and supportability, BatMine will be based in Europe, as this area or landmass has turned out to be well disposed and outstanding for crypto-related organizations.
One of a kind Attributes Of BatMine
- Inferable from its uniqueness, BatMine will be a singular Industrial mining dependent on the inventive high capacity mining equipment utilized for BTC, LTC, ETH.
- So as to unravel the issues found in industrial mining, BatMine intends to offer an elite and high hash speed mining facility which will guarantee a beneficial platform while utilizing low power cost and low power utilization per miner.
- Also, In other to guarantee harmony, BatMine will utilize miners featuring up to 55 Th/s which uses low power for the mining of BTC.
- Owing to its aims to end up a world-class mining facility, the group behind BatMine will connect and corporate with first-class developers who are efficient in developing innovative chip and miners.
- BatMine will offer different services which will be utilized to guarantee the mining facility keeps up existing conditions while developing to be the best on the planet. So, BatMine will offer services, like Mining of cryptocurrencies, Mining-as-a-Service (MaaS), Custodial Services and Sales of mining equipment just as in-house created miners.
- By implementing all services, BatMine will prevail with regards to making another chip just as miner which will be utilized for LTC and ETH mining and will be sold to the market.
CONCLUSION
The BatMine token will be a utility token with a maximum supply of 350million. It will have the ticker BATM and will be founded on Ethereum blockchain and being a utility token, it will be utilized to exchange BatMine services.
BatMine will be a mining facility which will usher in a new mining experience, which is further enhanced by presenting services such as such MaaS, Custodial Services and so forth.
In other shift from what is obtainable in the crypto space today, BatMine will utilize Silent Partnership method of contribution thereby giving legitimate right and benefit sharing to financial investors.
USEFUL LINKS
Telegram: https://t.me/batmineICO
Whitepaper: https://batmine.io/download/1/
Twitter: https://twitter.com/batmineico
Website: www.batmine.io
Medium: https://medium.com/batmine
Facebook: https://www.facebook.com/BatMineICO/
Bounty0x Username: Kingly