Cryptocurrency mining can be lucrative as well as expensive at the same time. Mining of cryptocurrency is one of the ways in which crypto can be acquired. In the crypto space today, there are cryptocurrencies whose features include mining, that is they are mineable, at the same time there are others which doesn't have that feature but yet can still be mined which is made possible by setting up a mining rig or equipment.
Like earlier stated, mining of cryptocurrency can be fun and lucrative and vice versa, which can be done either through Home mining, Cloud mining and/or Industrial mining.
In addition to the profit associated with mining, a study has shown that Home mining isn't energy efficient, subsequently being costly to oversee. Cloud mining is only proficient for private individuals and as such lacks transparency etc. Moreover, Industrial mining is reasonable for corporate businesses and shows profitability while its shortcomings are; it is expensive to set up, needs a high level of expertise etc.
By connecting the dots, one can see without a doubt that there is an absence of transparency and unwavering quality, in the current systems of mining.
This issues associated with crypto mining led to the creation of BatMine where cryptocurrency mining will be made productive and beneficial.
BATMINE AND WHAT IT IS ALL ABOUT
BatMine is a mining platform which will ensure individuals within the crypto space experience a new level of mining.
BatMine is a mining platform created by a group of experts who plans to apply innovation or technology into the blockchain, in this way why its called Blockchain Applied Technology (BAT) mining platform.
The group behind BatMine plans to build up a mining facility which will be effective just as working with the superior nature of the mining equipment of cryptocurrencies like BTC, ETH and LTC; also BatMine will likewise use GREEN energy so as to make sure the environment is protected.
In order to solve the issues with BTC mining such as high energy consumption, BatMine will utilize mining equipment having up to 55Th/s.
Similarly, since its necessary to dependably search for ways to reduce expenses in an evolving system, BatMine will bank on developers of mining equipment, thus reducing costs while being certain of efficient products and services.
Moreover, BatMine will guarantee it uses mining equipment with low energy cost which will also have high hash speed, thus guaranteeing a profit at all times.
Why BatMine?
BatMine will start its mining experience with BTC, ETH, LTC and other Proof-of-Work coins while different coins will be included when proper research has been done.
Also, BatMine will offer a service known as
Mining-as-a-Service (Maas), which will be for users who are not prepared to possess nor work on any mining equipment. Through this service, users can begin mining within 12hrs while being qualified for revenue within 45 days, then 30 days from there on. The condition of accessing this service is, the user must be a BATM token holder.
In the same way, BatMine will offer Custodial Services, which will be for users who have their very own mining equipment but however needs management services. It is additionally for users who wish to purchase or utilize BatMine mining equipment, therefore BatMine will have to oversee for them. The user will own all the mined coins however, there will be a little charge for monthly upkeep which is paid with the coin mined.
Furthermore, BatMine also offers Hardware Sales where it will be possible to build its own miners and the revenue generated will be shared among investors.
CONCLUSION
The token of the platform is BATM, it is an ERC20 utility token dependent on Ethereum blockchain with a total supply of 350,000,000 and will be utilized for services inside BatMine platform.
BatMine intends to be an extraordinary mining industry where users will approach best in class mining equipment. They can either utilize BatMine mining equipment or theirs all things considered. By being a BatMine investor, you will be qualified to share in the platform's profit.
IMPORTANT LINKS
Whitepaper: https://batmine.io/download/1/
Telegram: https://t.me/batmineICO
Twitter: https://twitter.com/batmineico
Website: www.batmine.io
Medium: https://medium.com/batmine
Facebook: https://www.facebook.com/BatMineICO/
Bounty0x Username: Chuks
Congratulations @aaaxpress! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness and get one more award and increased upvotes!