Apollo18 Cryptocurrency Mining
Apollo18 is specializing in efficient infrastructure for mining cryptocurrency. Most people are now aware of cryptocurrency, and its popularity is greatly increased. What many people still don't know is that many cryptocurrencies need to be mined. This has the potential to be a very profitable business. Cryptocurrency can be mined with graphics cards or ASIC miners. Electricity is a major cost for this, and efficiency is very important to the profitability of the company.
Apollo18 is raising money for the expansion of their business. The Apollo18 token or A18 token is an Ethereum based ERC-20 token. It is also important to note that the A18 token is a security token and will represent a share of the mining farm hashing power. Additionally, token holders will receive a monthly dividend from mining profits. These dividends will be paid out in the Ethereum cryptocurrency. Ten percent on the earnings will be set aside for investment in the company for expansion costs.
Apollo18 will have fairly low electricity costs of around five to six cents per KWh. This is due to the good regional location in the United States. If the operation can scale greatly, they may even be eligible for lower rates in the future. Another benefit of larger scale in the future is that graphics cards and other mining equipment is often discounted with larger and larger purchases. This can lead to overall greater profitability. The space required for the mining equipment of Apollo18 is also very efficient. They can fit eight GPUs in a one square foot area.
The pre sale for Apollo18 starts on September 2nd, while the public sale begins on September 17th and ends on October 1st. The two co-founders are Kirk Durbin and Justin Merrell. Both are passionate and dedicated to the company. Please visit the following links to find out more about Apollo18 and its operations.
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