Electrominer

Crypto mining has become an area of interest for entrepreneurs and investors rather than individuals. Rising electricity rates, limited home space, and lack of engineering skills can make the mining process more problematic and less profitable for enthusiasts. Another challenge crypto mining faces is to remain environmentally friendly, as most mining facilities are powered by fossil fuel power plants.

What is Electrominer.io?

Electrominer is a Blockchain Project founded in 2017 by Blockchain enthusiasts and Professionals in Green Energy Production, Construction, IT and Business. The project is created to address the problems of Blockchain Technology and to contribute to the future of decentralized technologies. Electrominer will push Blockchain potential in the right direction by creating sustainable, expandable and self-sufficient mechanism driven by the community.

Their platform is revolutionizing the mining industry by utilizing clean energy to sustain its self-powered mining platform. This is achieved entirely by developing state-of-the-art solar panel fields as a primary energy source for their mining equipment, as well as sourcing other locally-available green energy including geothermal and wind energy.

Crypto miners will no longer be resigned to footing expensive electricity bills or investing into specialized mining equipment with hashing power that won’t ever increase, only inevitably becoming obsolete. One of the primary objectives of Electrominer is to create an online community for miners all over the world and to share the benefits of a self-sufficient mining platform.

Features Of Electrominer

  • Unlimited Terms, Flexible Conditions: The ownership of Electrominer Tokens represents shares of hashing power on the Electrominer Cloud Mining Platform. This provides users with real-time control over their holdings, the opportunity to select mining contracts for as low as one hour, and the freedom to cancel any contract at any time. Users may also manage hashing capacity by spreading it between multiple coins across multiple algorithms. The amount of available hashing capacity is dependent on the amount of Electrominer Tokens held by each user.
  • Guaranteed Mining Capacity and the floating miner: Mining capacity per user may vary and is dependent on the number of users online and the number of tokens held by each user. However, it will never be less than the guaranteed mining capacity. Besides guaranteed mining capacity, the Electrominer Platform will also add a floating multiplier to supplement each user’s guaranteed capacity.
  • Low Fees: Electrominer is introducing unparalleled and revolutionary features to the crypto mining industry, such as the ZERO Power Cost Strategy and zero-emissions policy. Their investment in solar panels to power the mining facilities and reduce electricity costs will maximize the platform’s users’ mining profits.
  • Sustainable Facilities: The utilization of renewable energy resources puts Electrominer in the unique position of finally making crypto mining more environmentally friendly. Since shipping containers are cost-effective, portable, and fully recyclable, Electrominer has elected to use them for housing their data center units. Electrominer’s goal is to inspire both new and existing tech companies to invest in creating a cleaner and greener planet.

Initial Token Offering

Electrominer has announced its Pre-Sale on August 15th, 2018.There is a fixed supply of 100,000,000 Electrominer Tokens. Each Token represents a share of the available mining capacity for rent. Buying a token means becoming a Member of the Electrominer Community and receiving access to the platform.

ELM Tokens will be listed on exchanges after the Main Sale. 1% of the total ELM supply will be reserved for future retail sales. In the future, circulation of ELM tokens will be provided through Membership Subscription contributions.

The goal of the Electrominer Initial Token Offering (ITO) is to raise $50 million to launch a 7.5 Megawatt mining facility and to power it by using clean, renewable energy. Pre-Sale funds will be used for purchasing land, grid connections, and launching 675kW of mining capacity, dedicated for token holders. Main Sale funds will be used for launching initial solar energy generation and increasing mining capacity.

10% of the funds will be utilized in Land and Utilities, 45% on Mining Data centers, 27% on Solar Energy, Soft Costs will be 9% and 4.5% on contingency and operating revenues each.

Conclusion

Electrominer Tokens allow you to access the Electrominer Cloud Mining Platform to mine a variety of coins. ELM will never become obsolete, outdated, or broken. ELM can be used for mining coins and share in Electrominer's ever-increasing mining capacity, and it can be sold at any time.

To buy ELM tokens or to get additional information about the platform visit https://www.electrominer.io/ .

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