Swiss Alps Mining: Cryptocurrency High up in the Mountains
Dimmelhttps://tokensale.swissalpsmining.io
Mining farms consume hundreds of kilowatts every day, overloading the facilities, causing considerable harm to the environment. Will the blockchain be able to help miners work more environmentally friendly?
Figure 1. SAM - a solution for the eco-friendly mining
The SAM project is an eco-friendly way to mine cryptocurrency, saving electricity, using its surpluses for the benefit of society. The developers offer Cubes - autonomous mining "cubes" with mini-farms inside, which operate by the method of the thermal power station.
Figure 2. The mining Cube on the way to the connection
Cube is installed in the Alpine mountains covered with a thick layer of snow. The cubes heated from running boards contribute to the melting of snow, the produced steam is used for green electricity production. Fast, efficient, profitable, autonomous - are the principles of mining according to SAM.
How do Autonomous SAM Centers Operate?
The creators are implementing a new architecture of isolated mining farms that are connected to unused communications in the Swiss Alps. A well-functioning power grid is idle for most of the year, while residential houses and industries need energy. Mining will bring profit to investors, and secondary energy will be used without damage to the environment. In addition, the Swiss government will receive the tax revenues from the deployment of capacities in its jurisdiction.
Figure 3. A full farm inside the Cube
The platform works with four patented modules.
1. Cubes are autonomous farms operating on ORC (Organic Rankine Cycle) - the technology for generating electricity from heat. Cubes are connected to industrial communications or apartment houses, which are actively heated, "take away" surplus heat to a mining farm. Everyone benefits from it: the homeowners don't spend money on air conditioners, the miners receive income, and the state structures have tax deductions from new energy consumers. Cubes work autonomously, do not require frequent replacement of equipment - the investor invests in the newest boards, so mining brings a stable income (the productivity of the farm can be traced in the application).
2. Sam Power Plants are autonomous power stations that supply energy for mining. Unlike the traditional schemes (if you paid the bill in Mosenergo - you have the light in the apartment), SAM PP works on smart contracts, thus, all the operations are done automatically. You can track the productivity of the power plant, set up settings, replace equipment with IoT (Internet of Things) - a system of sensors that each Plant is equipped with.
Figure 4. Power Plant principle of operation – the thermal energy is output to the outside
3. SAM PaaS is a modular structure of capacity distribution on the platform, adapted to the needs of customers. The SAM project offers PaaS (Platform as a Service) - a set of installed functions for servicing the mining farm. Each user establishes the terms of participation and the payment procedure. This logic allows for cloud-based mining: one investor invests in SAM, attracts new participants, and accepts payments for the uninterrupted mining on the autonomous Cubes.
4. SAM Smart Mining (samaiX) is an Artificial Intelligence, which determines the most profitable coins for mining. Users can connect to the module, or select coins themselves. SamaiX is based on the profile data: what coins the user mines, how the demand changes, the market price.
Figure 5. Application for monitoring the operation of the farm, profitable investment, exchange of the cryptocurrency
SAM refers to technical ICOs that change the logic of building mining farms, allow you to profit from less damage to the environment. The founders of SAM are Swiss Alps Energy, which has conducted a large-scale research work (the detailed calculations and photos of working farms are posted on the site). As a result, modular mining farms were created taking into account all the climatic features of the Swiss Alps. Climatic conditions are ideal for the natural cooling of working minings, which eliminates the cost of cooling the entire plant.
How will ICO Swiss Alps Mining be Held and What is the Future of the Project?
https://tokensale.swissalpsmining.io
Developers released 239.68 million Sam tokens according to the ERC20 standard. Most of the tokens (68%) will be sold during the ICO, 10% will be transferred to the development team, 8% are planned to be transferred to the early investors, 6% will be sold during the Pre-Sale, 5% will go to the Bounty campaign, and 3% will be reserved. The cost of Sam during the Pre-Sale will be between 30 to 40 cents (the cost increases over time), Sam will cost between 50 to 80 cents during the ICO (scheduled for June 2018). The developers plan to collect between $100 million to run the maximum number of Cubes.
The collected funds cover five expenditure groups:
• 60% will be spent on the construction of Power Plants, powered by the steam energy.
• 18% will be the cost of wages, rent, and the connection of farms.
• 10% will be invested in marketing, the promotion of the project.
• 10% will be spent on assembling Cubes, obtaining the certificates of compliance, adapting the blockchain to project tasks.
• 2% will constitute the legal expenses of the company - SML is formalized in accordance with the requirements of Swiss law, launches KYC and AML programs.
The first Cubes began work in the spring of 2018, the assembly of new mining modules and the lease of additional buildings will be continued after the completion of the ICO. Cubes will be sold and rent at the end of 2018. How is this project good for an investor? It is good because of a scrupulously developing the technical part, having an official legal entity, as well as a patented technology of an eco-friendly power generation.
Website: https://swissalpsmining.io/
ICO wevbsite: https://tokensale.swissalpsmining.io
ANN thread: https://bitcointalk.org/index.php?topic=3799103.0
Author on BitTalk: Melnikof https://bitcointalk.org/index.php?action=profile;u=1152502
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