A lot of mining projects are launching these days. Envion, Terraminer, flash token, IceRock mining etc. What are your real advantages of your project?
You should always do your own due diligence when investing and take the time to check out each project yourself.
Ambit mining is the only ICO with the existing mining infrastructure, experience and proven track record. All this is reflected on “Ambit Mining” youtube channel.
The company is located in Georgia, Tbilisi Free economic zone, which gives various benefits such as, cheap green electricity of 5 cents, no tax or VAT, and favorable government regulations.
It partners with major mining hardware and cooling system manufacturers, farther decreasing consumption of electricity. Our main value is transparency and experience.
Every variable related to the mining operation will be disclosed to the token holders, each token holder will have voting right to influence important business decisions.
Green Electricity
All our mining units are powered by 100% renewable hydro energy ensuring cheap and clean electricity supply at only 5 cents per kW/h.
Location
Our farm is located in Georgia, one of the most crypto friendly countries in the world, with abundant green electricity and favorable government legislation.
Experience
Ambit mining has already constructed 1 MW diversified farm in Georgia, which generated over 1.3 mln profit per year, with these experience we aim to further expand our operations and to share the profits with the community.
Tax-Free
The mining farm is located in Tbilisi Free Zone, which is a tax-free area in Georgia. Meaning that operation will be exempt from a majority of licenses, taxes and will benefit from simplified procedures.
Technology
Ambit mining has partnerships with major chip manufacturers, as well as listed company Schneider Electric which will provide cooling and wiring solutions to ensure cost-efficient operation and to maximize the
profits from the mining operation.
Transparency
Ambit Mining will establish itself as one of the leading mining operations in terms of disclosure and transparency. Every variable related to the mining operation will be disclosed to the token holders
These variables include the following:
Mining equipment Transparency
● Make Model and Serial Numbers of the units for all mining rigs.
● Full disclosure of what units are removed or changed due to technical repairs or any malfunction or reduced mining capacity.
● Full disclosure on energy usage of the mine on a monthly basis.
Mining Return Transparency
● Daily mining returns to ensure complete revenue disclosure.
● Full daily stats pertaining to the mined blocks found and pool luck.
● Full monthly breakdown of expenses.
● Daily breakdown of the total hashing power of the mine – Including the average hashing rate for each miner for that particular day.
A full development cycle will commence building our enhanced Mine Dashboard, Blockchain API, and management software. The Mine will be connected to the user interface dashboard through the API. The Mine will submit real-time data to our portal, which will collect all information from The Mine and display data to our token holders. This data will include daily mining stats, daily mining returns, daily blocks found, and all other data pertaining to the operation of the Mine. All the information submitted can be verified. This process allows for the creation a fully transparent mining operation safeguarding your profit share. Token holders will submit their payout addresses in their Ambit Mining portal allowing bi-weekly profit share
to be paid directly to their ETH wallets.
Profit
Overall even with quite reserved assumptions of cryptocurrencies the mining farm provides an opportunity to invest in a high return on investment project. What’s more important is the fact that this is an already existing business model and the dividend payout start from the first month of ICO completion. And by the end of 1 full year of operations provides 171% ROI to the token holders, assuming the growth in popularity of the cryptocurrencies and the previous trends where every year the price of BTC has at least doubled, it’s a fair assumption that mining returns might be even higher than we expect.
