BatMine

The basis of our ICO legal framework is the Silent Partnership model of investing. This framework allows us to legally offer profit sharing to investors.

• Profits are shared for a period of 10 years, until March 2029.
• Profit sharing is done monthly over any and all realized profits from BatMine.
• The Hard Cap is 19 million EUR and the Soft Cap is 1 million EUR.
• Our BATM tokens are provided to investors as a gift.
• We will offer 350 million ERC 20 compliant Utility tokens to the market.
• The tokens can be exchanged for any and all services and goods offered by BatMine.

After the successful ICO, BatMine plans to place a mining facility in the Czech Republic. The facility can house 12,000 miners of which up to 10,000 miners (depending on how much we raise) will be purchased from the proceeds of this ICO. BatMine will be located in a location which:

1. Is secure and allows for rapid response should anything happen;
2. Has a cooler climate;
3. Allows for sufficient, mostly green, energy supply at around 4 cents per kwh
4. Has the infrastructure required for a commercial mining operation.

The BatMine mining location will function as head office for all mining activities. A separate office will be opened in Prague, Sofia or other suitable city for day-to-day commercial operations. We believe that for several reasons including cost optimization and availability of multi-language speaking personnel, it will be better that the sales and customer service centers will be located in a capital city rather than a rural location where mining conditions are optimal for mining.

Revenue Generator 1

• Mining of Cryptocurrency The Company will initially mine BTC, LTC, ETH, and a mix of proof-of-work based coins and scryptalgorythm based coins. Which exact coins we mine depends on the assessment of the profitability per coin over the current and projected future period. We keep a close eye on the market and when we see that one or more altcoins start producing better than what we mine at that moment, we can switch quickly to mining those coins.
• We plan to use a variety of miners with focus on hash power, availability of spare parts, life expectancy, ability to switch mined currencies, and energy usage. Mining is a competitive activity and therefore sustainability and profitability of the mine is of key importance.
• Miners need to be replaced regularly and with miners with ever-increasing computing power to handle the growing difficulty level. For this reason, 25% of all profit will be used to replace broken miners with newer and stronger ones as they become available, and 20% of all profit will be used, in correlation with our partners, to develop the next generation of miner chips and miners, so that we can remain competitive and earn on revenue from chip and miner sales too. In case the cost of miners that need to be replaced with new ones is larger than the projected 25% in a given month, we will use a part of the R&D budget to ensure that our output remains optimal.

Revenue Generator 2 

• Mining as a Service (MaaS) To customers that don’t want to own and operate equipment, we offer our MaaS services. Customers can start mining within 12 hours and receive their first revenue within 45 days, and then every 30 days after. MaaS services can only be obtained through BATM tokens which ensures continuous usage of the tokens. We will provide to our customers the hash power they require to mine crypto coins with dedicated MaaS miners. Rather than focusing on coins where mining competition is steep, our customers can choose from a portfolio of coins that they can mine. In this way customers can flexibly mine those coins that provide the best yield in a given period, thereby increasing the output. Our customers decide which coins they want to mine with the hash power they purchased. We mine both proof-of-work based coins and scrypt-algorythm based coins. Our packages are complete because you benefit from our low electricity, state-of-the-art facility, and economy-of-scale savings that we have. Our packages can be obtained with BATM. Our packages include: 1. Our dedicated miner(s) installed at our state-of-the-art co-location in a safe jurisdiction, 2. Specialized technicians managing the miners 24/7/365, 3. Continuously provided electricity, 4. High-speed Internet connection, 5. 24/7 access to your miner results, 6. Monthly distribution of your mined profits.

Revenue Generator 3

• Custodial Services BatMine will provide hosting and mining management services to those customers that either want to buy and use our hardware, or that have their own miners already and that want to host them in our location.
• You receive the total mined amount minus a monthly fixed fee which includes any and all costs, in the currency / currencies in which they are mined. Our aim is to provide a non-stop solution for all custodial services and with a low threshold so that anyone can earn on mining.
• Because of the future size of our operation you benefit from lower costs for miners, infrastructure, electricity and costs, so that you make the most revenue out of the mining you can. You can mine different coins at the same time (pending technical ability of your miners)
• Custodial services from BatMine are simple and straightforward.
  • 1. You either buy miners from us or send us your equipment.
  • 2. Our highly skilled technicians install the miners.
  • 3. We operate, maintain and manage them.
  • 4. Every month we distribute to you all mined coins minus a fixed fee per month for the Custodial Services package per miner.
• Custodial Service Packages can be paid in EUR, BTC and any other currency we mine, and include:
  • 1. A place for your miner(s) at our co-location in a safe jurisdiction and 24/7 security,
  • 2. Specialized technicians managing the miners 24/7,
  • 3. Inexpensive and continuously available electricity,
  • 4. High-speed Internet connection,
  • 5. 24/7 access to your miner(s) results,
  • 6. Monthly distribution of your mined output.

Revenue Generator 4

• Hardware Sales
  • We will work with our main vendors that provide us with their state-of-the-art mining equipment. In addition, we also develop and market our own miners and chips which we will offer to wholesale and retail customers. Investors share in all of the profits we make over the sale and distribution of these miners and chips and can buy them at advantageous prices.