It is no secret that cryptocurrencies are disrupting the traditional way of conducting transactions. The idea of facilitating seamless transactions over a distributed and immutable ledger is worth commending. Yet, the process of creating more coins/digital assets (mining) is one of the major issues that face the currency. This does not imply that the issue has been left for long. Rather, the projects patterned to provide solutions are not living up to expectations. To this end, it is pleasing that BatMine is coming with an outlook that can reposition the whole state of affairs.
Introducing BatMine – The Community-Based Crypto Mine
Peer-to-peer transactions enhance trust. This informs the reason why this project chose to adopt the community model. The approach allows willing members to take an active part in the mining of crypto coins.
The use of Blockchain Applied Technology (BAT) is a step in the right direction. From all indications, it is clear to a discerning mind that the project will soar higher than the current platforms that offer the same service.
Moving further, BatMine chose to operate from Europe. The region is reputable for providing the right atmosphere for the thriving of cryptocurrencies and blockchain-based projects. In light of this, one can make a fair guess that the project’s propositions will see the light of the day.
BatMine Makes Crypto Mining Accessible
Before proceeding, let’s look at some of the issues that inhibit crypto mining. The three distinct mining models (cloud, industrial mining farm, and home mining) are fraught with problems. Among the issue are the hidden costs of mining, miners’ inability to exercise full control over mining equipment, and high volumes of energy.
Through the Green Energy approach, BatMine hopes to limit or do away with these problems. In their place, it institutes low-cost and safe mining. Also, the miner can exert some control over the equipment and will have enough energy to facilitate work. Miners will also benefit from the excellent hash power, and can use the services of BatMine miners; thereby, using hash power of their own accord. Above all, the project wants to make mining an easy affair, and boost the productivity of miners.
Mining Approaches
BatMine operates on the premise of three (3) mining models. Each of the services is distinct and has a lot to offer miners.
Through Mining as a Service (MaaS), the platform offers miners the opportunity of earning from their coin-creation activity. There are the scrypt-algorithm based coins and the proof-of-work coins – giving miners a wide range of options. With this approach, there is a track on the amount spent, just as electricity and even distribution of mined profits are available.
As a futuristic project, BatMine looks at the market and deciphers coins that look good to profit from a bull run. It then sets machinery in motion to mine the coins. Meanwhile, it supports scrypt-algorithm based coins and proof-of-work coins. It starts with Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH). As the market profits, other coins will make headway to the platform.
Finally, BatMine offers custodial services. These overlook the mining activities and provide miners with the right tools to manage their mining. It is on this premise that low transaction costs, sufficient energy, and the right infrastructure are offered to miners. Also, there will an even distribution of profits based on each miners output.
Token Allocation
Crowd-sales: 70%
Advisors, Bounty, and Airdrop: 10%
Reserve: 15%
Team: 5%
Token Specifications
Ticker: BATM
Token Standard: ERC-20
Token Type: Utility Token
Token Supply: 350 million BATM
Soft Cap: 1 million EURO
Hard Cap: 19 million EURO
Accepted Currency: Ethereum (ETH)
Roadmap
The Team
Mine with BatMine
There is no doubt that the project is revolutionary and will bring new offers to the table of crypto mining. As the market gets ready to swim in the green, it is pertinent to make investments in crypto. The best way to start is by mining your digital assets with BatMine.
For more information, please visit;
Website--https://batmine.io
Telegram-- https://t.me/batmineICO
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