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The Golden Fleece project plans building the mega mining datacenter in Free Industrial Zone (tax free) in Georgia. Total investment volume of the project is $40 million.
Golden Fleece secured agreements for 5,000 m2 with electricity price of $ 0.053 per kwh with two tax free zones: Poti Free Industrial Zone (GPS location) and Tbilisi Free Industrial Zone (GPS location).
Golden Fleece datacenters will use different types of equipment for mining cryptocurrencies. Ethereum and other GPU compatible equipment will occupy majority share in the datacentre facility. Additionally, small amount of ASIC miners will be installed.
Golden Fleece already implemented pilot mining datacentre project in Telavi with more than $400,000 investment including funds for land purchase. Mining farm uses MSI RX580 and Asus P106 GPU mining rigs. Showroom for any interested parties to visit opened in Tbilisi. Golden Fleece first stage datacentre is planned to be in operation in February 2018.
- Golden Fleece secured agreements for 5,000 m2 with electricity price of $ 0.053 per kwh with two tax free zones: Poti Free Industrial Zone (GPS location) and Tbilisi Free Industrial Zone (GPS location).
- Golden Fleece datacenters will use different types of equipment for mining cryptocurrencies.
- Ethereum and other GPU compatible equipment will occupy majority share in the datacentre facility. Small amount of ASIC miners will be installed.
- Golden Fleece already implemented pilot mining datacentre project in Telavi. Mining farm uses MSI RX580 and Asus P106 GPU mining rigs.
- During II stage of ICO Golden Fleece will open showroom (mining farm) in Tbilisi for any interested parties to visit.
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Golden Fleece is a unique project that’s already active in the country of Georgia, where investors have spent $200,000 creating a data center. The goal of Golden Fleece is to harness Georgia’s cheap, renewable energy costs to create a profitable altcoin mining operation.
They have a $50 million investment plan, with tokens being sold throughout the months of July, August, and September. Token holders will receive a portion of company profits as soon as it becomes operational in February 2018, with buyback programs beginning within the first month of the ICO.
Ultimately, altcoin mining can be very profitable when run by the right group of people.
