Business plan overview
INMINING will allow all interested users to participate in the industrial mining of bitcoins without the need to buy expensive equipment or join a mining group. The project will be centered around Russia's largest data center, which will be built in the Alabuga Special Economic Zone. As a resident of the SEZ, INMINING will enjoy significant advantages that will provide a serious competitive advantage and maximize the benefits of its production.
Although the Bitcoin market growth returned in the second quarter of 2019 after a long recession, the Bitcoin mining company is still facing a number of challenges. Rising energy prices, lack of technical competence, low profits, high taxes, increased pressure from the authorities, lack of places with the necessary infrastructure - all these problems lead to the collapse and closure of many mining companies.
INMINING will solve all the problems listed above due to its unique location and the chosen technological solution. The very low electricity prices in the Alabuga SEZ (only $ 0.025 per kWh), together with sufficient tax and customs benefits, will allow the project to maximize its profits.
At the same time, BitFury solutions for container mining will provide maximum mining productivity and efficiency on an industrial scale.
This project will create value distributed among token holders, thanks to an innovative lottery model that will distribute part of the mining profit among users. Another portion of the profits will be reinvested in new mining equipment in order to compensate for a possible decrease in profits in the future. But another part of the profits will be spent on the purchase of INMG tokens in the open market, and then on their burning to maintain the long-term stability of tokens.
Bitcoin mining:
The dynamics and trends of 2019 mark the 10th anniversary of Bitcoin. Over the decade, the price has grown 2 million times. Market capitalization increased 20 times compared to 2013. Bitcoin is traded on more than 400 exchanges, as well as 1,500 altcoins and tokens.
Actual problems in the mining industry
Although the hash network is growing, many mining projects have finally shut down. The main reasons for the failure are low profitability and the actions of the authorities.
The following problems can be identified:
Expensive electricity.
Low or negative returns.
Taxes.
Legal restrictions applicable to crypto mining.
Infrastructure requirements.
INMINING Solution
INMINING uses an innovative approach that will solve all the problems outlined above. The data center will be built in the Alabuga Special Economic Zone in southern Russia.
Searching for the location of the Bitcoin farm in the SEZ will provide maximum profit not only to the project organizer, but to all token holders:
Cheap electricity.
Tax exemptions.
Customs exemptions.
Infrastructure.
Security.
INMINING has the following advantages over competitors of this type:
Lower energy costs:
although cloud mining is typically located in countries where energy is relatively cheap (e.g. China, Iceland, Sweden, Georgia), they still cannot compete with INMINING for only $ 0.025 per kWh.
A sale is not a contract, but a token, an asset that has its value:
Cloud mining buyers must first pay a fixed contract price (from $ 0.5 per 10 GHz / s), and then daily management fees without receiving any assets in return. INMINING participants , on the contrary, will not only receive the right to participate in the lottery and win bitcoins mined under the project, but will also receive tokens that they can freely dispose of.
Ability to join at any time:
INMINING tokens will be freely available not only during the sale of tokens, but also subsequently, on cryptocurrency exchanges. Similarly, anyone who wants to become a member of INMINING can do this at any time. Cloud mining providers regularly stop selling Bitcoin contracts when they do not have free mining equipment.
Transparent process:
date- center INMINING will be built in the next few months, and its location in the IES Alabuga known. This distinguishes the project from cloud mining providers, which often do not have their own mining equipment.
INTRODUCTION business model
The main feature of the INMINING business model is an innovative profit sharing mechanism. All bitcoins mined and sales revenue will be distributed as follows:
Electricity and other overhead costs
Reinvestment in new equipment for mining - 50% profit
Purchase of INMG by further burning - 15% profit
Lottery among token holders - 35% profit.
Each month, INMINING will buy back a small portion of INMG on the crypto exchange and burn it.
This procedure will have several positive effects:
Maintain Long-Term Token Stability
Increase liquidity and trading volume
Motivate INMG owners to maintain their tokens, which will add stability.
Initial token offer (IEO)
Ticker: INMG
Standard: ERC20
Decimal: 18
Total emissions: 150,000,000 INMG
Minimum purchase amount: $ 100
Payment method when buying on the exchange: BTC
whose citizens and citizens are prohibited from buying tokens: controlled by the US and US territories (Puerto Rico, American Virgin Islands, American Samoa)
Structure of token sales: private round + public round Private round date: Q3 2019 (until 18 September 2019)
Discounts for private round participants: up to 20%
Budget allocation:
85% - Mining, installation and installation hardware, land leases, infrastructure
13% - Overheads, including marketing
2% - Other costs (including legal)
Roadmap
Q1 2019: Begin preparations for data center construction; team formation; negotiations with representatives of the Alabuga Special Economic Zone.
Q2 2019: Mine selection of hardware manufacturers, formation of marketing partnerships, work on white papers and tokenomics, audited white papers.
Q3 2019: Marketing campaign, launch of the prize campaign, starting from a closed presale. Q4 2019: Main public round, token distribution, register at the first crypto exchange, start data center construction, purchase of mining hardware, team expansion.
Q1 2020: Payment and delivery of AC BlockBox, installation and setup, launch of data centers, work on interfaces for lottery and polling.
Q2 2020: First income, register on five other crypto exchanges, lottery testing and voting procedures.
Q3 2020: The first lottery and poll.
Q4 2020: The first buyback-and-burn round.
Q1 2021: Purchase and launch of other mining modules.
Inmining Team
information:
Author: jarimak
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2610014
Wallet Address: 0x91f938408f5Dca94734dCDACda99889337Bc73Cc
No comments:
Post a Comment