Ambit Mining is a unique platform that offers tokens, which have the same principle as securities, and token holders will receive dividends twice a month. The essence of Ambit Mining is very simple: Ambit offers a real-world cryptocurrency project.
The platform already has an operating business for mining with an approximate capacity of 1 megawatt, if you count it in electrical equivalent. Ambit Mining farm is built on ASIC and GPU cards. The use of this technology is an absolute advantage as the income of an investor will not depend on the performance of the token, i.e. Ambit Mining provides an opportunity to diversify the risks of investors.
The company has already received a return of all investments in its original mining farm, i.e. the creation of the first farm has already fully paid off for five months after the start of work. Through crowdsale the company wants to increase the capacity of the farm approximately five times, having increased it to 5 megawatts, and in the long term to 20 megawatt.
Ambit Mining Company is located in Georgia, in Tbilisi technopark in the free economic zone, where mining is freely allowed and there is a large supply of electricity at affordable prices. The cost of bitcoin in terms of the cost of energy spent in Georgia is one of the most minimal and attractive in the world. It should also be noted that the farm is located in the Free Economic Zone of Tbilisi, which is a region free of taxes. In this regard, Ambit Mining is exempt from most licenses or taxes and receives a number of benefits from simplified work. All equipment of Ambit Mining works through 100% renewable hydropower, providing economical and environmentally friendly power supply at a price of 0.05 dollars per 1 kW.
In the future, Ambit Mining plans to cooperate with the largest producers of equipment in the field of mining industry to install the most advanced models of equipment, which will optimize costs and ensure maximum profit for investors.
To start working on a mining farm, you should go through the registration procedure on the website. The total of 104 million AMBT tokens were produced. Preliminary sales of Ambit Mining have already ended: the pre-ICO was held from 10 to 17 April with the most favorable conditions - the discount for the purchase of tokens was 25%. The price for one token at this stage was 40 cents. At the main crowdsale, which is currently underway, the token can be purchased for 50 cents. It should be noted that token holders are given the right to vote and will be able to participate in solving all important issues of the mining farm.
The released tokens are going to be distributed as follows:
- 85% - for the pre-ICO and ICO;
- 3% - for the reserve;
- 9% - for the team and advisers;
- 3% - for the bounty campaign.
The planned distribution of funds received during the ICO is as follows:
- 85% - to purchase the equipment,
- 6% - to cover operating expenses,
- 11% - for development and marketing.
An essential advantage in terms of reliability for investors is that the site will provide complete information about the tokens and the operation of the mining farm itself, including even the serial numbers of the equipment that will be installed on it.
When analyzing Ambit road map, it can be concluded that the first dividend payments to the token holders are scheduled for August 2018, and starting from October, dividends will already be paid twice a month.
Thus, Ambit platform represents a real breakthrough in the field of mining, which is based on the work of a real prospective enterprise that has confirmed its reliability on practice.
Website: https://www.ambitmining.io/
White Paper: https://www.ambitmining.io/doc/Ambit-WhitePaper.pdf
Telegram: https://t.me/CCNChat
Facebook: https://www.facebook.com/AmbitMining/
Twitter: https://twitter.com/AmbitIco
Medium: https://medium.com/@ambit.miners
ANN: https://bitcointalk.org/index.php?topic=3117951.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049