▄▀▄ [ICO][SAM] ▄▀▄ Swiss Alps Energy - The Smart Mining Company ▄▀▄

[MaggieMcGill]

an environmentally friendly mining project I think will be much in the same hurry as investors who are interested in SAM projects

Yes,people are looking for efficient and environmentally friendly mining,so this project definitely has chance.

[Memmoria]

an environmentally friendly mining project I think will be much in the same hurry as investors who are interested in SAM projects

Yes,people are looking for efficient and environmentally friendly mining,so this project definitely has chance.

I thought projects are mostly going for POS now.Even ETH plans to go for Proof of stake in the future.

[Tyrant76]

I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them...

The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success.  :-(


The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up???


I would love to be able to have more "permanent stack" in this project ...

Cheers
 MC

expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal!

pls note that you can also buy the hardware and pay the electricity with sam
tokens.

I didn't say that the hash power was expensive... 

What I meant was that you can't hope for a token increase, because if the token doubles in price and those 4000 become 8000$  then is will be expensive...

Cheers
 MC

You can trade the tokens or use them anytime, so if the price increase you can rent 28 Th for your 4000 USD invest. SAM will provide different services not only mining.

Whats the expected revenue for the next year,2019?

[swissalpsmining]

I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them...

The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success.  :-(


The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up???


I would love to be able to have more "permanent stack" in this project ...

Cheers
 MC

expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal!

pls note that you can also buy the hardware and pay the electricity with sam
tokens.

I didn't say that the hash power was expensive... 

What I meant was that you can't hope for a token increase, because if the token doubles in price and those 4000 become 8000$  then is will be expensive...

Cheers
 MC

You can trade the tokens or use them anytime, so if the price increase you can rent 28 Th for your 4000 USD invest. SAM will provide different services not only mining.

Whats the expected revenue for the next year,2019?

we have a ROI Calcultor online www.swissalpsmining.io, please check.

[LiQio]

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.

[JeffTheMan]

an environmentally friendly mining project I think will be much in the same hurry as investors who are interested in SAM projects

Yes,people are looking for efficient and environmentally friendly mining,so this project definitely has chance.

I thought projects are mostly going for POS now.Even ETH plans to go for Proof of stake in the future.

Yeah since it has been shown that it simply makes more sense and gives more incentives to end users and helps the system also to stay in balance.

[Lightmotiv]

Who do you consider to be your main competitor on the market?I know that there are plenty of mining projects around.

Good question as I was not able to actually find any competitors simply because this is a new approach to mining benefiting by using old unused building and reducing costs significantly that way.

[Inmytree]

Just stumbled upon this project and I like the abitlity to buy SAM Cubes and make money that way as they seem like a great piece of mining gear I saw that something called SamaiX was mention, does anyone know anything about it?

SamaiX would be SAM Smart Mining, 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.

[Art Vandelay]

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?

[kalehon]

Ok, nice !! this could work. What type of tokens are these ? are they like security tokens ?

[STUNTMANMAJK]

Just stumbled upon this project and I like the abitlity to buy SAM Cubes and make money that way as they seem like a great piece of mining gear I saw that something called SamaiX was mention, does anyone know anything about it?

Here's the explanation from official site, hope it helps 

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.

[CillaryHlinton]

What are you currently using as power source,before buying power plant?I mean how expensive electricity is in Switzerland,will it pay off?

[EDVED]

What are you currently using as power source,before buying power plant?I mean how expensive electricity is in Switzerland,will it pay off?

I think they rent electricity from a hydro power plant as this is the most convenient option.

[LiQio]

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?

It's not profitable at current prices - and if you want to bet on price increases there are better ways. Zero.

The whitepaper is a joke (with a nice layout, I have to admit).
The team (Giracoin people) is shady.
Numbers are not honest.
The ICO structure tries to create FOMO effects and lure noobs.
And last but not least the thread is filled with sock puppets (team members?).

Don't invest.

[MaZeeCM]

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

[MaZeeCM]

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.

[MaZeeCM]

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

[MaZeeCM]

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

[Jeremija]

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

It is clear that such results are not based on estimates... in any case these are good figures.

[SRBYN]

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

Can anyone explain what TGE means

TGE is Token Generation Event,its similar thing to ICO.