According to most experts, virtual currency is the next step in the development of payment systems. This opinion is based on the fact that an increasing number of organizations are seeking to use Blockchain technology and cryptocurrencies in their activities. However, today the production of digital assets causes many difficulties.
As of today, for the production of virtual currency you need the newest equipment with high power, maintenance personnel, large premises, cooling systems and much more. All this leads to high costs, which makes cryptocurrency mining not very profitable.
In this regard, many companies seek to minimize the above costs by all available means. The most effective way to minimize costs was offered by Miner Edge.
The main goal of the Miner Edge creators is to create a unique cryptocurrency farm operating on cheap electricity with minimal costs.
Principle of operation
The developers of the project from the Republic of Belarus intend to carry out the exploitation of virtual currencies in Canada, namely the province of Manitoba. The reason for this choice is the cold climate and relatively cheap electricity generated by renewable energy sources. All this allows to reduce the level of equipment maintenance costs.
Thus, the cold climate can significantly reduce the power of ventilation and at the same time maintain the optimum temperature of the ASIC-miners, which ensures their stable operation and higher performance. The cost of electricity in this region is 0.04 dollars per 1 kW, which is one of the lowest rates worldwide. Thus, the developers of the Miner Edge project will be able to maximize the profit from mining.
For the production of crypto currency, the most modern miners with a total capacity of 23 thousand TH/s will be used. This capacity, as of today, allows to produce about 325 BTC tokens per month, which is equivalent to 2.1 million dollars. According to the developers, the guaranteed monthly income of each investor will be 109 percent of the invested amount. Such a high income is not able to offer any cloud mining at the moment.
The maximum amount of profit will be provided due to the fact that several popular virtual currencies will be mined at the same time, among which are:
- Bitcoin;
- DASH;
- Litecoin;
- Monero;
- Ripple.
Mining will be carried out simultaneously on several pools.
Income from cryptocurrency mining will be distributed as follows:
75 percent will be distributed among the holders of met tokens, and the other 25 percent will be spent on the purchase of new, more powerful equipment. At the same time, the equipment will be purchased directly from manufacturers, which also minimizes production costs. Payments will be made in the form of coins ETH.
Each client will be given access to online reporting. In other words, each investor will be able to monitor the production of virtual currency in real time.
The coins of this mining centre can be purchased during the ICO.
Dates and details of the ICO
The creators of this project intend to release 60 million met tokens, of which 42 million will be sold. From the 1st to the 30th of August of the current held a preliminary sale of coins at a cost of $ 0.7. From September 7 to December 30, 2018, there will be a public token sale. Depending on the fees, the coin value will rise:
- 8 million MET – $ 0.8;
- 10 million MET – $ 0.9;
- 14 million MET – 0.99 dollar.
Softcap of the project is $ 1 million, hardcap – $ 32 million.
The distribution of tokens is as follows:
Conclusion
Given the location of production facilities, the low cost of electricity and direct cooperation with ASIC producers, investing in this project can be very profitable. Moreover, as of today, Miner Edge has already assembled a softcap and also has good ratings on ICO listings. This means that the launch of the project is guaranteed.
Official sources of the Miner Edge project:
