BITMINER FACTORY - The Blockchain Revolution With Renewable Energy
![logo_bmf.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQma625qW8WWoGUs4woifUUNCh1AUd9sbbRjZBfE9Mp1Zfm/logo_bmf.png)
Bitminer is a startup from Angeli’s Group, constructors and energy producers for 40 years. With more than 20 collaborators and more than €3M revenues, we are the largest industrial crypto-mining group in Italy. Today, we decided to go to the next step: we want to allow everyone to participate in our project, by purchasing our token. It’s a mining contract, that allows anyone to benefit from the production of our mining and renewable energy plants.
https://www.bitminerfactoryico.io
Bitminer Factory is a leading cryptocurrency Mining Operation fed with Renewable Energy and managed by a Team of clean energy and mining experts. By purchase BMF tokens with ETH or BTC you are allowed to use our Mining Assets and Services and accept your part of the cryptos generated by the Mining process.
Brief History
The Bitminer Factory idea did not just come from nowhere today, it has been conceptualized as far back as November 2016. Ever since then, their progress has been huge with their first mining factory which is now unarguably the largest in Italy. It has been completed and fully operational since April this year, after twelve months of hard work and determination. From just a mere notion to follow up the cryptocurrency direction, today they are at the forefront of it leading the way to a sustainable process for mining cryptocurrencies. Some publications are starting to suggest that renewable energies are the future of cryptocurrency mining, and they will be among the first in realizing such a dream.
The Problems Bitminer Are Solving
Blockchain and mining have been on investors’ lips for the past few years, and they observed a huge spike in interest since 2017, along with the surge of the price of Bitcoin and other cryptocurrencies. Today, many think that Blockchain will revolutionize business and redefine companies and economies.
However, cryptocurrency mining, the significant architecture behind the Blockchain ecosystem is an energy-intensive activity and such as it comes likely with a large carbon footprint, which needs attention. In order to perform their tasks, miners need to execute computationally-intensive algorithms on the Blockchain using a plethora of high-tech equipment, such as customized microprocessors or specialized Graphical Processing Units.
The power required for worldwide crypto-mining activities has increased fivefold in less than a year, reaching an amount high enough to sustain the energy requirements of whole countries such as Peru, Portugal or Israel. This figure is growing exponentially and is expected to double in the next twelve months, up to 150 TWh/year, as much as the yearly energy consumption of the entire Netherlands. This trend is, clearly, unsustainable, but is deemed to remain due to the rising difficulty of mining operations and the increased competition in the field. Miners require energy for executing computations and for cooling their equipment, but most of them do not really pay attention to where they draw it from – they simply care its cost is low enough.
Benefits of Bitminer Factory
Thanks to the high level of organizing the work of the mining farm, aimed at reducing costs and increasing a user's profit, each investor gets access to cost-effective projects. Renewable energy allows not only to reduce costs, but also has a positive impact on the environment.
For each investor, a personal account is created with the help of blockchain technology, reliably protecting the personal information and money resources of an investor. Bitminer Factory offers a wide range of tools for working with its assets. The project is available both in the web version and in the mobile application. Using Dashboard APP, a miner will be able to monitor and control the current level of conversion of cryptocurrency in non-stop mode. Artificial intelligence works on the given patented algorithms to increase the profitability of the work of a miner.
You can make good money during the period of the crowdsale. At the beginning of the ICO, a referral link is available for posting it on social networks. With each 88 tokens purchased by this link, the referral receives 2 tokens with a bonus and 2.5% of the total investment amount.
The Team
A highly experienced Team is feeding Mining Hardware with self-produced, low-cost, Renewable Energy
Infrastructure
Finally, they have designed two proprietary housing solutions for their machines, Gigapod, to house up to 5000 units (GPU or ASIC), and Mobile Mining Unit (MMU), to house up to 300 units. We studied every detail of it in order to optimize:
COOLING AND RELIABILITY
Thanks to CFD (Computational Fluid Dynamics) analyses, we designed ample paths to allow air in and out of the Gigapod and of the MMU, while consuming just a fraction of the total energy. An advanced filtering system will allow air to pass, blocking dust or other contaminants, ensuring reliable operations in any environment.
COMPACTNESS
Each Mobile Mining Unit (MMU) can house up to 300 units (GPU or ASIC) in a compact footprint, while each Gigapod can house up to 5000 units. Furthermore, the MMUs can be moved cheaply and quickly, as they are based on standard containers.
MONITORING
A dense net of sensors are embedded in the Gigapods and in the MMUs, allowing our team to monitor performance, temperatures, power consumption, and state of each piece of equipment, thus letting us actively prevent and identify any hardware malfunctioning.
MAINTAINABILITY
Each machine is accessible easily and rapidly, allowing for prompt maintenance when needed. A detailed dashboard and clear labels/ indicators allow every operator to immediately locate the machines that need an intervention.
Verdict
Thus, Bitminer Factory opens a new channel for miners to generate tokens. The technical equipment of the project meets the latest standards that is one of the best. Bitminer Factory gives miners an excellent opportunity to earn. The use of renewable energy will reduce costs, thereby increasing the potential profit.
Undoubted advantage for investors is the fact that the project has not virtual, but "live" assets, which will allow investing not in an abstract project, but in a real business.
The support service works in a non-stop mode and is always ready to assist a user. A user-friendly interface, which is understandable even for beginners, high level of security and data protection, fast transactions have already provided Bitminer Factory with high ratings.
Useful Information:
- Website: https://www.bitminerfactoryico.io
- WhitePaper: https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf
- Telegram: https://t.me/bitminerfactoryico
- Facebook: https://www.facebook.com/Bitminerfactory/
- Twitter: https://twitter.com/bitminerfactory
- Medium: https://medium.com/@BitminerFactory
- ANN: https://bitcointalk.org/index.php?topic=4647309
very clear read and informative
very very useful information
Very nice article
thanks for this valuble article
Posted using Partiko Android
very good project
Congratulations @lkcryptoman! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness and get one more award and increased upvotes!
Congratulations @lkcryptoman! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!