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.
Attention. There is a risk that unverified members are not actually members of the team
Profit figures mentioned in the goal sections are predicted ones. They are subject to change after the project gets started and yielding the outcomes.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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