The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year.
700 TH/s don't mine 19 BTC, less than 15 BTC would be more accurate. Probably old data,but still decent numbers i think. Whats the TH/s you plan to have till end of the year? our last unit one has around 800 TH, so actually we have 2200+ TH/s running in 3 Units. What we will have by end of year is really depends on the ICO. Are you already renting those cubes,where can i see those cubes working? No dear, have to wait until ICO end for cubes on rent. Yes, you can see the working cubes in Switzerland. |
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What will you mine?
It's possible to mine BTC, ETH, Zcash, Dash and various other currencies. |
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The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year.
700 TH/s don't mine 19 BTC, less than 15 BTC would be more accurate. Probably old data,but still decent numbers i think. Whats the TH/s you plan to have till end of the year? This will mainly depend on the success of the TGE. It is pretty easy to scale up |
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The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year.
700 TH/s don't mine 19 BTC, less than 15 BTC would be more accurate. The difference of 4 BTC is not small, are there any such deviations possible? Our calculator can only provide estimates. Difficulty of the blocks are constantly changing for example and it is not possible for us to take into account such unpredictable changes. But it gives a Rough estimate of what to expect |
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Who do you consider to be your main competitor on the market?I know that there are plenty of mining projects around.
Every miner could be considered a competitor. But currently there is no other project that uses our combination of methods. |
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You mentioned that a single SAM cube can mine about 115 ETH and 19 BTC per year, how did you came to this numbers?
The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year. these are great numbers!Whats the expected hashrate till end of the year? This will mainly depend on the success of the TGE. It is pretty easy to scale up |
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You mentioned that a single SAM cube can mine about 115 ETH and 19 BTC per year, how did you came to this numbers?
The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year. |
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You plan later on to buy more power plants,in case you reach hard cap?
Yes we do. We will buy stake in hyrdoplants with the funds raised in ICO |
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How many cubes you plan to have till end of 2018?
This depends on the funds raised during the ICO. We have built 3 Cubes out of which 2 are set up and functioning and the 3rd one is on it's way |
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You mentioned that Swiss Alps Energy AG uses only renewable energy sources and that it is better to buy small hydropower plant in the long term, what is the amount of money involved in this?
The target of the ICO is to raise $100’000’000 or more. 60% of the fund raised will be used for mining facilities/hydrowpower plants. Means 60% of the raised funds will be used for SAM cubes and power plant construction. Thanks for the information. No worries  |
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You mentioned that Swiss Alps Energy AG uses only renewable energy sources and that it is better to buy small hydropower plant in the long term, what is the amount of money involved in this?
The target of the ICO is to raise $100’000’000 or more. 60% of the fund raised will be used for mining facilities/hydrowpower plants. |
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yes price must be paid in tokens.
And what are the maintenance costs? There is almost no maintenance cost, as they are designed to operate autonomously. So aside from the electricity costs, which we will Charge extra, there are no significant costs Are you paying the rent for the place,and some technicians? In each alpine area where Swiss Alps Energy AG will be operating cubes, a branch office will be installed, so-called SAM Centers. This ensures that in addition to the benefits from the protection of cultural assets the local municipalities may profit from tax revenues. Also, for on-site services such as on-call duty and security, local talents will be recruited and trained for deployment. The SAM Centers promote the economic viability of the respective community and may have a lasting postive impact on other sectors. Means anyywhere you have a SAM cube installed you will have your own ''employee'' who in some way cares about the system? Yes, that's the vision mainly |
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Will i be able to rent one of those SAM cubes,or it will be only for buying?
You can buy and also you can rent The price of SAM Unit 1 is CHF 240’000, the price of SAM Unit 2 is CHF 400’000. And To rent the capacity of 14 TH/s, SAE charges a fixed fee of $4000 for 2 years. 14 TH/s is the minimum one can rent? To which period these amounts relate, rent for 2 years or ? The above amount for rent is for 2 years |
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What is maximum that I can invest in your ICO during sale?
no limit until our hardcap is reached! privatesale is now open (min invest is 25k usd) tokensale.swissalpsmining.io @ludimax we have a buy and a rental model, maintance fee is 10% including setup and all costs. Whats the bonus for private sale? I guess it depends how much you plan to invest,i doubt its fixed amount. Bonuses in the pre-sale are never fixed, those who invest most, get the biggest bonus. And i think thats fair aproach,more u invest,bigger the bonus But still,you gotta be careful with those bonuses,otherwise it can cause dumping once listed on exchange Sometimes big bonuses if they are not locked for certain amount of time can cause dumping exactly as you said as soon as it hits exchanges.Are those bonus tokens here going to be locked? Please join our telegram group and stay tuned for further announcements regarding token sale and bonus structure - https://t.me/swissalpsminingICO |
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yes price must be paid in tokens.
And what are the maintenance costs? There is almost no maintenance cost, as they are designed to operate autonomously. So aside from the electricity costs, which we will Charge extra, there are no significant costs Are you paying the rent for the place,and some technicians? In each alpine area where Swiss Alps Energy AG will be operating cubes, a branch office will be installed, so-called SAM Centers. This ensures that in addition to the benefits from the protection of cultural assets the local municipalities may profit from tax revenues. Also, for on-site services such as on-call duty and security, local talents will be recruited and trained for deployment. The SAM Centers promote the economic viability of the respective community and may have a lasting postive impact on other sectors. |
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Do you plan any airdrops in the future?
We are currently running one, please check our Website Regarding the airdrop,do we have to go trough KYC? No KYC is required for airdrop |
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Will i be able to rent one of those SAM cubes,or it will be only for buying?
You can buy and also you can rent The price of SAM Unit 1 is CHF 240’000, the price of SAM Unit 2 is CHF 400’000. And To rent the capacity of 14 TH/s, SAE charges a fixed fee of $4000 for 2 years. |
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yes price must be paid in tokens.
And what are the maintenance costs? There is almost no maintenance cost, as they are designed to operate autonomously. So aside from the electricity costs, which we will Charge extra, there are no significant costs |
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Do you have any of those SAM cubes working at the moment?
I think they are 2 currently active SAM cubes. Is it possible to rent those? yes and also to buy. How much would it cost to rent one and how much space and what kind of cooling is necessary fro the Sam Cube to work properly? You can buy and also you can rent The price of SAM Unit 1 is CHF 240’000, the price of SAM Unit 2 is CHF 400’000. And To rent the capacity of 14 TH/s, SAE charges a fixed fee of $4000 for 2 years. |
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