eGOLD MINING: Earn a Growing Monthly Passive Income

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One of the major demerits of blockchain mining is that is requires high energy levels and computing capabilities. This mostly affects bitcoin miners, as the energy consumed is very high compared to the rewards they receive from mining. eGold Mining has the cheapest electrical costs of all profit-sharing mining companies..

About eGold Mining

eGold Mining is a cryptocurrency mining solutions project that are intended for long-term stationary use. eGold Mining offers mining facilities in South Dakota, USA. eGold Mining plans to build and maintain datacenters with blockchain mining capabilities in South Dakota to cut energy costs and create a sustainable mining ecosystem. With industrial electric prices quoted at 4.5c/kWh, cool temperatures throughout the year, abundance of green energy, and lack of state corporate taxes, South Dakota is a prime location for a large-scale cryptocurrency mining operation.

In order To finance the Project, eGold Mining is launching a private Security Token Offering (STO) to investors in which eGold Mining’s selling (EGM) tokens, a security token, pursuant to Simple Agreements for Future Tokens between eGold Mining and the investors. Issuing a security token means creating an investment offer where stock or bonds are tokenised and put on a blockchain. You benefit by having more global investor base, enjoying large scale cost efficiency and lowering future liquidity premium.

eGold Mining plans to be the first SEC-compliant cryptocurrency mining operation that pays token holders up to 50% of the mining profits monthly in ETH. Moreover, With eGM’s wholesale prices on all expenses associated with mining, diversification of mining services, and team of experts dedicated to a successful operation, an investment in eGold Mining will be extremely beneficial for all those who love to ‘HODL’. By eliminating the risks, fees, and maintenance issues associated with cryptocurrency mining, everyone can benefit by earning a passive income through a trustworthy, halal, and profitable venture.

Features

50% of the net profit is shared with token holders every month, six months, and year depending on accumulated G-points and the length of time the eGM tokens were held. Payouts will be in ETH via smart contracts.

Legality

eGM is taking proper steps to comply with all security laws set by the United States government. The goal is to be the first US-based profit sharing company in the mining industry. eGM plans to operate legally under South Dakota, USA jurisdiction.

Trust

Being a registered company in the United States allows for security of investment compared to similar companies around the world. eGold Mining’s official business entity registration can be found here.

Cheap Electricity Rates

The electricity costs for eGold Mining is under 4.5 cents per kWh with all additional cost factors included. eGM has the cheapest electrical costs of all profit-sharing mining companies.

G-points

Opposed to traditional profit sharing methods, eGM rewards investors through a point system referred to as ‘G-point’. The G-point system is there to reward long-term token holders the most.

No Contracts

Unlike Cloud Mining, eGM does not require the purchase of contracts or hash power to receive mining profits. Profits are shared by simply holding eGM tokens and accumulating G-points.

How It Works?

Miners simply have to buy eGM tokens and hold them in an ERC20 private wallet. By Holding these tokens, they allowed to accumulate G-points every day. Miners compete with others to see who can accumulate the most G-points and earn the largest share of the profits.

eGM greatly incentivizes long term token holders as the longer they hold, the higher profit share they receive. This is made possible by the payout structure below:

Short Term Holders

Dividends paid every month
G-points reset every month
25% profit share
Must hold tokens for full month to receive profit share

Long Term Holders

Dividends paid every six months
G-points reset every six months
15% profit share
Must hold tokens for at least three months to receive profit share

Elite Holders

Dividends paid every year
G-points never reset
10% profit share
Must hold tokens for at least six months to receive profit share

eGold Mining Token (eGM)

The eGM token is an ERC20 token. It is a token with payouts that entitles the token holders to a percentage of the net profits of the mining, cloud mining, and hosting operations. Profits will be paid out on a monthly basis allowing regular people to reap the benefits of cryptocurrency mining. The company plans to issue 25 million eGM tokens. During the STO the eGM distribution will be approximately 80% of total token. You can join the STO HERE.