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STARTMINING

STARTMINING

Created using Figma
StartMining is a project based on construction and launching of industrial mining farms in Russia and the European Union. We plan to put into operation up to 4,000 farms with a total capacity up to 680 Gh/s Ethash.
Sep 15, 2017
Oct 14, 2017
100% completed
$4 398
0% goal completed
Goal 10 000 000.00 USD
past
  • 1 STMG
    =
    1 USD
Token Details
Ticker
STMG
Company Details
Registered Country
Russia
Additional Details
Categories
Cryptocurrency

About STARTMINING

The main StartMining source of income is the cryptocurrency mining and renting out the capacity for mining. We plan to extract different cryptocurrencies based on the Equihash, Dagger-Hashimoto, EtHash, CryptoNight algorithms. Extraction of various types of cryptocurrency reduces the risks associated with exchange rates and the increasing production complexity. We plan to rent out about 40% of capacities to investors and miners. In some cases, it gives a lower profit, but reduces the risks of the company.

You can find more detailed information about risks in the ‘Risk Management’ section. A part of the received profit is planned to be immediately converted into the fiat currency, another part will be put aside in order to profit on the rates increase. In the first 12 months the investors will be paid a raised percent of the net profit. 40% is the minimal threshold for the payment to the investors. Payment increase is voluntary and not binding on the side of StartMining.

Features

It is planned to build platforms with the overall capacity up to 4,000 farms. The main sources of company’s income:
Mining the main cryptocurrencies: Ethereum, Zcash and Monero;
Provision of mining facilities as rental (cloud mining).
The first token supported by real equipment and facilities.
Minimization of risks by the diversification of cryptocurrencies and provision of facilities as rental.
Open access to the current farms’ output.
Possibility to exchange tokens on mining facilities - real asset.
Launching terms are no longer than 4 months.
One of the lowest electricity costs (up to 2 cents/KW).
Wholesale prices for equipment and components.

Technical Info

Technical details:  Ethereum smart-contract (ERC20). Proof of developer:  Public team

STARTMINING Roadmap

  • First Stage

  • The first phase of the project is the purchasing of the premises, setting up an equipment and running the mining farms. Filling up the facilities on 100% may be arranged immediately or within six months from launch date. It will mainly depend on the amount of raised investments.

  • Second Stage

  • As soon as first phase will be completed, we will begin providing facilities for rent. Rent can be carried out in exchange for tokens. For investors, the price will be lower than the retail one.

  • Third Stage

  • After providing the capacities as rental to the project investors during the third stage of its development, renting will be also available for all customers.

  • Fourth Stage

  • The fourth stage of the project development involves reinvestment of funds and increase in the number of sites and farms.

STARTMINING Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Nikita Kholodkov
Project Management
unverified

2 ICO

$4 398

Elena Krykun
Financing and law
unverified
Alexey Besarab
Marketing and PR
unverified
Bogdan Leonchik
IT developer
unverified
Sergei Zlotar
IT developer
unverified
Alexandr Radchuk
IT developer
unverified
Graham Mitchell
Escrow-agent
unverified
Georgii Erman
Escrow-agent
unverified
Graham Mitchell
Escrow
unverified
Georgii Erman
Escrow
unverified

STARTMINING Last News

N/A
5.0 15
ICO Profile Vision Activity Potential Product Team
Do not agree with our rating?
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2.2
icomarks
6.0
startmining.com

STARTMINING Reviews

bitcoinexchangeguide.com
reviews

Profit figures mentioned in the goal sections are predicted ones. They are subject to change after the project gets started and yielding the outcomes.

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