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Less then 24 hours from now to the ICO Start  |
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So what makes SAM special in contrast to other mining solutions?
We have really low energy costs, almost zero renting costs for the barns and we recover energy from the heat by our ORC System. |
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I have a question???
Which advantages for token holders (investors here) ? Is there will be dividends or so from your profit from mining? Do you have registered company?
profits from mining and token will be listed on exchanges from august. Yes, Company is registered in Canton of Zug Switzerland. Check for Swiss Alps Energy AG. |
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Can you explain how SamaiX works? Tnx
SAE customers have the option to join SAM Smart Mining, also referred to as SamaiX©. SamaiX©, SAE’s proprietary artificial intelligence, continuously calculates the coins are most profitable to mine, and then makes suggestions for miners so that they can adjust their mining accordingly. If a user joins SAM Smart Mining, their profile is powered by SamaiX©, which tracks and learns their claims in order for SamaiX© to be able to make appropriate optimization proposals. If a user confirms the suggestion, SamaiX© will adjust their mining operations to the respective coins. SamaiX© does not act autonomously; it is a Decision Support Systems that support users’ decisions based on their activity profiles. Several factors are therefore important, e.g. historical data or target values that SamaiX© aims to achieve. SamaiX© evaluates variations in prices and market volume to forecast supply and demand and to provide users with the best possible options. News about single coins are yet to be included in the forecasting process. To continuously improve SamaiX©, experts from big data and data mining will support the SAE team in developing new mathematical models. |
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Which advantages for token holders (investors here) ? Is there will be dividends or so from your profit from mining? Do you have registered company?
profits from mining and token will be listed on exchanges from august. Yes, Company is registered in Canton of Zug Switzerland. Check for Swiss Alps Energy AG. |
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Which information will be displayed on SAM app?
status of your mining and SamaiX Infos. |
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ICO will start 2hari again hopefully all will run smoothly and achieve targeted results.success for this project.
The ICO will start in exactly 2 days and 16 hours from now. Considering the fact that the team has managed to reach over 5 million $ in the pre-sale stage, the ICO will be a successful one for sure. What was the bonus structure during that presale period,and how many tokens sold? Hi, pls check our website for discounts for the single tier`s www.swissalpsmining.io. Privatesale was soldout (5 Mio USD) and Softcap reached during Privatsale! |
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So could the SAM units become more powerful then the Chinese mining farms?
We can't comment about others but we are trying to be best mining company by which people can be more profitable. Of course, but does anyone know who the numbers we are talking about here? That’s depends on the ICO, currently we can build 30-40 new Units with the Money from the Privatesale. |
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Are you already renting those SAM cubes that you have?
We will start renting after ICO Do you already have serious candidates who are interested in renting SAM cubes? I think YES! Privatesale is closed and Softcap of 5 Mio is reached! |
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When can we expect exchanges,will it happen soon after end of sale?
Yes, around 2 weeks after end of ICO. |
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Due to our decentralized placement of cubes, we can offer a private decentralized network for blockchains. Many banks and insurance companies develop private blockchains and have to operate them decentrally. In this case we can use parts of the units as hosting platforms. We believe that the need for such networks will increase massively in the future with the further development of the blockchain technology.
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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. SAM Unit 1 would generate you 50*4k/2=100'000USD per Year. If you really mine 19 bitcoin per year you would better keep them yourself and sell them. It always seems fishy to me, selling something under the value it had, if you keep it for yourself  I think its been said that actual rate is 15 BTC per year,not 19.SAM team abit overestimated. correct but actually we are doing some test with 100 Asic Miners in a Unit One and there is a lot of new Hardware coming out (for example S11). so its almost impossible to tell a correct number of coins  our second and 3 Unit One‘s are running with more then 800 TH/s and that one that we have under construction should run with 1600 TH/s. we will see what happend in the future - we will try to get the maximum of ROI and actually we have rather a conservative calculation of ROI. Bare in mind that curent prices of ETH and BTC are low compared to ath,so ROI could change dramatically. Or It could go down,you never know with that. all is possible but a part of sam will work as an blockchain hosting provider for institutional clients, so mining is not the only business of SAM. of course at the beginning it is the cash cow but for the future we have a lot of possibilities with our dezentralized cube network. |
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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. SAM Unit 1 would generate you 50*4k/2=100'000USD per Year. If you really mine 19 bitcoin per year you would better keep them yourself and sell them. It always seems fishy to me, selling something under the value it had, if you keep it for yourself I think its been said that actual rate is 15 BTC per year,not 19.SAM team abit overestimated. That is so, but they said that these are only predictions, so there are possible deviations. Why does everybody always forget the difficulty increase ? Are you all not aware of that mechanic ? BTW, S9s with 14 THs can be bought for as low as 700 USD incl PSU right now. That’s the point Sergej. There is so much Hardware coming out which compensate that. That's why we calculating on today's examples, go 6 months back, the price of an s9 was x times higher. |
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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. SAM Unit 1 would generate you 50*4k/2=100'000USD per Year. If you really mine 19 bitcoin per year you would better keep them yourself and sell them. It always seems fishy to me, selling something under the value it had, if you keep it for yourself I think its been said that actual rate is 15 BTC per year,not 19.SAM team abit overestimated. correct but actually we are doing some test with 100 Asic Miners in a Unit One and there is a lot of new Hardware coming out (for example S11). so its almost impossible to tell a correct number of coins our second and 3 Unit One‘s are running with more then 800 TH/s and that one that we have under construction should run with 1600 TH/s. we will see what happend in the future - we will try to get the maximum of ROI and actually we have rather a conservative calculation of ROI. |
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A great idea - and the introduction of innovations is undoubtedly a big plus (like ORC system). I'm interested in the issue from a legal point of view - in this country a stable economic climate?
i think actually is one of the best places in the world to run such a business. |
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How do you plan to power these in the mountains ?
Quick calculation shows:
50 x S9 = 66 kw
4000 Mhs ETHASH = approx 130 RX 580, = 17.5 kw (+ Mainboards, routers, vents etc) (space must be packed in a 4m x 2m x 2m container ....)
So lets make that a generous 100 kw / Container. On 400 Volts, that's roughly 250 A.
Not one of the buildings in the mountains has that energy supply - so you will be restricted to locations that are either close to a trafo station, or close to e.g. ski lifts / mountain railways, otherwise you pay a fortune to get the energy laid to these locations.
The connection to a trafo station / ski lift will still need to be established, and depending on the distance, this is a 5-6 digit amount VERY quickly just to get the energy to the container.
In addition to that i miss the mentioning of the swiss electricty grid usage cost (5-6 rp/kwh) and general cost (2.6 rp/kwh) in your calculations and whitepaper.
So in essence, without having your own hydro power stations, you are looking at at least 10 rp/kwh for energy, and thats already the best case. More likely 13-16 rp/kwh.
Even IF you acquire your own hydro plants, the swiss electrity grid usage fee will still need to be paid (happy to learn something new here if that's not the case).
Thank you for your feedback, wish you all the best with the ICO.
my best regards
Sergej
PS: on a sidenote - as far as i know all swiss banks have cancelled / do not further maintain banking relationships with crypto mining companies. Do you bank out of Liechtenstein?
thanks for the questions Sergej In Switzerland there are about 400,000 of these buildings and about 10%, so 40,000 are usable for us. In most cases we have to supply the electricity to the stables. The costs for the development of the first building were 30'000 CHF, but mostly 2-4 of these buildings are in the same place and we can therefore split these costs. The first stable which can be seen in the video has 2 more next door and all 3 are now useable. Therefore, the costs are quite acceptable there. Currently we have large scale contracts (with a minimum that we have to buy) for hydro power and we pay 5.23 cents per KW / H. When operating our own power plants, we will operate the containers next to them and operate our own network in order to not have to use the public grid. the idea is to operate small hydropowerplants (we have more then 1400 of them in switzerland), they are exempted from water taxes in switzerland. and of course they are much cheaper to buy About the banks, currentlyl we work with a swiss bank (you can see the details when you go to our tokensale plattform) but maybe we will switch to a bank in liechtenstein because they can provide us also with wallets etc. Swiss Alps Energy is currently in process to get a SRO Member in Switzerland. Best Regards Swiss Alps Mining Thank you for your feedback. 3 houses in one location means you will at least need 750A if you put a small cube in each of the houses - not many trafo stations are available close to these buildings that can supply this, and building your own trafo station costs a fortune (6digits +). How will you manage this ? Thank you & my best regards Sergej Good Question we have contracts with our supplier which oblige us to purchase at least a certain amount of electricity, but it also obliges our suppliers to deliver this quantity and this also includes the necessary trafo. let me ask on monday our Head of Electric what are the exact Numbers of „A“ for a Unit One. we run more then 1 unit one in each stable but i really have to ask our Electric Guy about Numbers Best Regards Christian Swiss Alps Mining ⛏ So that means that you are paying less than commercial price for the electricity? yes we have special contracts and pay less. Well, it is understandable that you have signed a contract with the electricity supplier, thus ensuring the quality and the required amount of power at better conditions. Can we know with which company you signed a contract? unfortunately we cannot give out this infos but you can easily find some similar price offers from swiss providers in the internet. |
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Well all, i just got banned from the Telegram channel after asking what the official statement from SAM is about the fact that the team behind this is the same that launched Giracoin 2 years ago, a coin that was and is under heavy critics due to it's combination of Ponzi and Pyramid scheme.
I expect this post will get deleted as well pretty soon.
Do your own due diligence people, and pay attention who you give your money.
Sergej
Dear Sergey This Channel is not to talk about Giracoin but do you think really fhat a Company in Switzerland can run a Ponzi System and get a SRO Certificate? Its pretty easy to talk bad about Projects and call them a Ponzi, but you can be sure in Switzerland it’s impossible to run a Ponzi and absolutely sure not for 2 Years! And now pls come Back to SAM! Thank you |
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How do you plan to power these in the mountains ?
Quick calculation shows:
50 x S9 = 66 kw
4000 Mhs ETHASH = approx 130 RX 580, = 17.5 kw (+ Mainboards, routers, vents etc) (space must be packed in a 4m x 2m x 2m container ....)
So lets make that a generous 100 kw / Container. On 400 Volts, that's roughly 250 A.
Not one of the buildings in the mountains has that energy supply - so you will be restricted to locations that are either close to a trafo station, or close to e.g. ski lifts / mountain railways, otherwise you pay a fortune to get the energy laid to these locations.
The connection to a trafo station / ski lift will still need to be established, and depending on the distance, this is a 5-6 digit amount VERY quickly just to get the energy to the container.
In addition to that i miss the mentioning of the swiss electricty grid usage cost (5-6 rp/kwh) and general cost (2.6 rp/kwh) in your calculations and whitepaper.
So in essence, without having your own hydro power stations, you are looking at at least 10 rp/kwh for energy, and thats already the best case. More likely 13-16 rp/kwh.
Even IF you acquire your own hydro plants, the swiss electrity grid usage fee will still need to be paid (happy to learn something new here if that's not the case).
Thank you for your feedback, wish you all the best with the ICO.
my best regards
Sergej
PS: on a sidenote - as far as i know all swiss banks have cancelled / do not further maintain banking relationships with crypto mining companies. Do you bank out of Liechtenstein?
thanks for the questions Sergej In Switzerland there are about 400,000 of these buildings and about 10%, so 40,000 are usable for us. In most cases we have to supply the electricity to the stables. The costs for the development of the first building were 30'000 CHF, but mostly 2-4 of these buildings are in the same place and we can therefore split these costs. The first stable which can be seen in the video has 2 more next door and all 3 are now useable. Therefore, the costs are quite acceptable there. Currently we have large scale contracts (with a minimum that we have to buy) for hydro power and we pay 5.23 cents per KW / H. When operating our own power plants, we will operate the containers next to them and operate our own network in order to not have to use the public grid. the idea is to operate small hydropowerplants (we have more then 1400 of them in switzerland), they are exempted from water taxes in switzerland. and of course they are much cheaper to buy About the banks, currentlyl we work with a swiss bank (you can see the details when you go to our tokensale plattform) but maybe we will switch to a bank in liechtenstein because they can provide us also with wallets etc. Swiss Alps Energy is currently in process to get a SRO Member in Switzerland. Best Regards Swiss Alps Mining Thank you for your feedback. 3 houses in one location means you will at least need 750A if you put a small cube in each of the houses - not many trafo stations are available close to these buildings that can supply this, and building your own trafo station costs a fortune (6digits +). How will you manage this ? Thank you & my best regards Sergej Good Question we have contracts with our supplier which oblige us to purchase at least a certain amount of electricity, but it also obliges our suppliers to deliver this quantity and this also includes the necessary trafo. let me ask on monday our Head of Electric what are the exact Numbers of „A“ for a Unit One. we run more then 1 unit one in each stable but i really have to ask our Electric Guy about Numbers Best Regards Christian Swiss Alps Mining ⛏ So that means that you are paying less than commercial price for the electricity? yes we have special contracts and pay less. |
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