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