Spotcoin and Golden Fleece are both from Georgia. Golden Fleece are mining experts, taking full advantage of the abundance of cheap hydropower in Georgia. Spotcoin has an established OTC, and offers liquidity for mined coins. Last November, Spotcoin and Golden Fleece teamed up, working together ever since.
AT: Mining digital currency is an essential part of the global eco-system. There are many currencies that are now and will continue to be minable, and by obtaining them through mining Spotcoin gets the benefit of providing more liquidity into the digital exchange. SPOT token holders get the benefit of a 12 percent dividend from the profit earned over Spotcoin’s businesses, including the mining operation. We can run mining at a higher profit margin than many because we can access low cost electricity rates in Georgia.
How did the partnership with Golden Fleece come about?
Why partner with Golden Fleece?
Can investors and consumers come to Spotcoin if they want to get involved with mining?
What about the sustainability side of mining?
It’s an issue, but besides the fact that Georgia has abundant hydropower, Golden Fleece is developing a facility at the sunny Black Sea coast covered with solar panels, and are planning on generating 15% of their electricity through solar power, to power what eventually should be a 20MW mining facility.
GR: That’s a lot of mining power, and they have the latest, most efficient equipment to work with. I’d say that is the best option and the closest thing we have when it comes to sustainable mining.
What does a potential SPOT token buyer get out of it?
All this questions can be answered in thus article below!!
https://medium.com/spotcoin/spotcoin-golden-fleece-deb137dfeb68
