We are happy to announce MyBit has signed a partnership with Alpine Mining.



Alpine Mining is a sustainable cryptocurrency mining company based in Gondo, Switzerland, which benefits greatly from its location. Few places on earth are better suited for industrial scale mining than the Swiss Alps. Not only does political stability in Switzerland ensure mining operations go unhindered, but the region also hosts three hydroelectric power stations that provide a bountiful supply of clean and affordable energy, while cool Alpine air assists in reducing costs on cooling systems.

By partnering with Alpine Mining, MyBit is not only making significant headway building the infrastructure of the future machine economy, but we are also helping to tackle the issue of environmental sustainability regarding blockchain technology. Here’s what our CEO, Ian Worrall, has to say about the partnership:

“There’s a lot of excitement around the internet of things and blockchain right now. Globally, the market for IoT devices is projected to grow to $8.9T in 2020. Here at MyBit, we’re making buying, selling and monetising them as easy as using an app. And through our partnership with Alpine Mining, we’re bringing our tech to the mining community for the first time.”
“Alpine are a 100% sustainable mining company. There has been a lot of negative coverage about the power cryptocurrency mining consumes. Alpine counters this. With their technology, every single transaction is powered by hydroelectricity alone.”

By partnering with Alpine Mining, MyBit is not only making significant headway building the infrastructure of the future machine economy, but we are also helping to tackle the issue of environmental sustainability regarding blockchain technology. Here’s what our CEO, Ian Worrall, has to say about the partnership:

“There’s a lot of excitement around the internet of things and blockchain right now. Globally, the market for IoT devices is projected to grow to $8.9T in 2020. Here at MyBit, we’re making buying, selling and monetising them as easy as using an app. And through our partnership with Alpine Mining, we’re bringing our tech to the mining community for the first time.”
“Alpine are a 100% sustainable mining company. There has been a lot of negative coverage about the power cryptocurrency mining consumes. Alpine counters this. With their technology, every single transaction is powered by hydroelectricity alone.”
Soon users of the MyBit platform will be able to profit from this partnership, by being able to co-own existing mining operations and customise or crowdfund their own. Together, MyBit and Alpine Mining are offering distributed ownership of mining operations for every budget with the ability to scale rapidly. No longer will mining be an expensive and arduous task, but an effortless pursuit for those of all financial means.

MyBit is constantly on the lookout for other companies to partner with in order to make IoT devices accessible to new audiences. Stay tuned for more updates from us in the near future.

In our next blog we’ll be diving into the platform UX/UI.

1 - When tokens will be distributed?
End of January, between January 29th - 31th. This process make take up to 2-3 days for all transactions to go through, but is will start in the dates above.

2 - What about the bounties?
Bounties will be distributed in February. We aim to distribute bounty tokens during the first 2 weeks of February.

3- When Alpha plattform will be released?
The Sig Token Protocol is in development and the Alpha will be released this month before distribution.

The Spectiv VR Alpha is already released at www.spectivvr.tv. We have many partnerships lined up for Spectiv VR and are looking forward to announcing those as the time comes for each.

4 - When will Spectiv be listed on exchanges?
Dylan: We cannot comment on exchanges right now, please do not ask about exchanges in the Telegram for now.

5 - Who is behind Spectiv project and development?
We have our internal team building out the Spectiv VR platform, and we will be hiring additional developers starting next month. We will also be hiring two additional employees to assist in sales and marketing. We do have an external firm that we are partnered with to assist in building the Signal Token Marketplace, they are called Decent. Our internal team is still doing the front end work and graphics for it though.

6- Will Spectiv be on a TV show?
We will be on Fox Businesses show “Innovations” in Q1 of 2018, no confirmed date yet. We are filming in week 1 Feb though. We will also be on another show in Q1 or Q2, which will be nationally televised as well.

7 - What's the initial price for each token?
All buyers will have an additional token transfer at the end of January when we execute the smart contract. The number of tokens will be an amount so that the tokens you receive are valued at $.10 per token at time of distribution.

PS: At the end of ICO, the price was 1 ETH to 950 SIGs. A poll was made with all buyers, and the 90% majority chose to change it to 1 ETH for 9500 SIGs.

8 - What are the official communication channels of Spectiv?
Twitter: https://twitter.com/spectivvr
Telegram: https://t.me/SpectivNews