Review and analysis of ICO Ambit Mining

in #blockchain6 years ago

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Official site

With every minute, the popularity of ICO projects is growing. The meaning of buying tokens in recent years is exclusively in the speculative expectations of the growth of their rates. The appearance of projects that offer distribution of profits and payment of dividends to holders of tokens is quite a rarity. Especially if it is done publicly and on behalf of a company officially registered at the location of the business, and not in an unknown place.


Ambit Mining is raising money for the expansion of business in the mining of crypto-currencies. The guys already have experience in creating a farm for 1 MW, investments in which have already repulsed. All the activities of Ambit to create and operate its first farm are documented in detail in a video on YouTube. Having obtained a successful experience of large-scale mining, they are now planning to expand their activities and increase the farm's consumed capacity to 5 MW, and in the future to 20 MW.

Physically, the farm is located in Tbilisi, Georgia, in the free economic zone of the technopark, where there is cheap electricity and official exemption from mining taxes. For those who want to make sure of the reality of the project, the creators of the farm are ready at any time to conduct a live excursion and show how everything works in reality.

Blockchain is used exclusively for obtaining initial financing and subsequent distribution of income among the holders of the tokens. However, from this point of view it is just logical to use all the opportunities of the blocking company to keep the register of shareholders and distribute profits on conditions of maximum openness.

Comparison with competitors:

The business of mining can be started even with a simple domestic farm, and with this it will proportionally yield the same income as a large industrial mining.

RMC, Russian Mining Center - collected a record $ 43 million. However, distribution of the miners to the holders of the tokens ceased, the project deviated from the roadmap for more than half a year. Communication with the community is poorly maintained.

Ice Rock Mining is a registered in Ireland project for the construction of a mining farm in Kazakhstan in a former military bunker near a hydroelectric power station. Choosing a place for a farm means cheap electricity and no problems with cooling. Owners of tokens will receive 50% of the proceeds from the mining of crypto-currency, the first payments are planned for the end of summer 2018. ROI is promised at the level of 439% per annum. The project implementation carries legal risks in connection with recent statements about a possible mining ban in Kazakhstan.

Giga Watt Token - during the ICO in the summer of 2017 collected about $ 20 million. Tokens give the right to their holders to place their equipment in the hosting-center of the company with a significant discount. Dividends are not provided to the holders of the tokens. At the moment, the company's capitalization is estimated at $ 2.2 million.

The listed projects are not competitors, but rather analogues with which Ambit can be compared in terms of profitability and reality of plans.

ICO Terms and Conditions:

Name of the token: AMBT
Number of tokens: 104 000 000 AMBT
Number of tokens for sale: 88 000 000 AMBT
End of ICO: June 10. 2018
Price of the token: 1 AMBT = 0.5$
Softcap: 6 000 000 AMBT(collected)

Road map:

Скриншот 30-05-2018 010354.jpg

Team:

Скриншот 30-05-2018 010453.jpg

Скриншот 30-05-2018 010518.jpg

Conclusion:

The Ambit Mining team has a successful experience in creating a large mining farm, there is an adequate plan for business development and in general the project looks quite real, including against the background of similar start-ups.


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More information can be found here:


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Author:

Bitcointalk username: aleksvip15

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I will follow the project and for the news. I advise everyone to cooperate with this company and
you will never regret that started to work with this project. Good luck!

Very interesting article! I will participate.

Really good idea, really good team

Thanks. I liked the idea of the project! Definitely going to invest.

Интересная концепция, надеюсь команде удастся воплотить все в жизнь, тогда проект ждет успех Хорошее ревью

mining is still have value?

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