BatMine Crypto-currency Project

Digitization of the globe is going on quickly and this is encouraging. This is possible because of the production of advanced technologies. Approximately every sector of the world have been affected by digitization.
A Digital World
Digitization is not complete without a means of exchange which would soot it purpose. This brought about the creation of a means of exchange called crypto-currency.
Crypto-currency is a virtual asset created to serve an efficient means of exchange, it is created based on cryptography which is not easy to hack thus protecting financial details. This currency adopts a decentralized system compared to the physical currency and it's centralized system.
Crypto-currency has created a fast growing market for investors, also it is free from influence politically or economically. The benefits of the crypto-currency has been recognized in various sectors of the world including the economic, health, banking, industrial sector etc. as operations in these sector have are made easy and transparent.
Also the volume of trade of the crypto-currency supersede that of a major European stock exchange..
However, this wonderful creation owes it existence to the Crypto-currency Mining Industry.
WHAT IS CRYPTO-CURRENCY MINING INDUSTRY ?
The crypto-currency mining industry is the lifeline of crypto-currency as it plays a very vital role in the crypto-currency world. This industry is responsible for the continuous creation of crypto-currency.
Crypto-currency are created mathematically and stored digitally with the help of a sophisticated machine called miners

Miners
People offer their computing skills to secure the crypto-currency life line and the are called crypto-miners. A crypto-miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction and its details
Crypto-currency mining is a process which crypto-currency are brought into existence. For every successful mining, the crypto-miners obtains new cryptocurrency as a reward. Therefore, the mining industry is considered to play a very important role in the crypto-currency world, because without the mining, the won't be any crypto-currency for use.

However, The crypto-currency mining industry is now becoming less efficient in it function, this is due to the challenges affecting the industry. These challenges includes

BAN ON CRYPTO-CURRENCY MINING IN MOST COUNTRIES; The ban on the mining of crypto-currency in some countries has greatly affected the mining industry. This adds to the cost of operations as a lot of funds is required to move out from the country of ban and also to find a country with suitable conditions for mining operations as not all country free of ban has suitable for crypto-currency mining.

LACK OF FUNDS NEEDED FOR ESTABLISHMENT AND EFFECTIVE RUNNING OF OPERATIONS; The issue of funding has been one of the major challenges in the crypto-mining industry as a lot of financial input is needed for establishment and effective running of mining operations. and this impacts the net profit generated.

USE OF OLD AND OUTDATED EQUIPMENT AND TECHNOLOGY; The use of old and outdated tools is also one of the major issue affecting the crypto-mining industry. The miners are graded based on their hash power (ability to mine), a miner with a high hash power such as 50Th/s can mine crypto-currency at a faster rate than those of lower hash power. this miners with higher hash power are difficult and expensive to get. This discourages potential crypto-miners from taking part in the mining industry. Thus reducing the man power of the industry.

PERMANENT AND CLEAN SUPPLY OF ELECTRICITY; This is another challenge affecting the mining industry as permanent supply of electricity is vital in the industry. For a miner to function effectively it requires constant supply of electricity, as electricity shortage would affect the net profit generated after mining.

HIGH TAX RATE AND ELECTRICITY USAGE; This is among the major challenges affecting the crypto-mining industry. In some countries the tax rate on a mining industry is as high as 20% with strict regulation which do not favour the mining industry as it would affect its profit at the end of the day.
Also some miner has high electricity consumption rate which add to the cost of operations thus affecting the profit generated.
This challenges altogether poses a great deal of threat to future of the mining industry and discourages people from participating in the industry.

Can these challenges be dealt with,? Yes. To combat this challenges, I want to introduce you to..........
BatMine - bringing efficiency to crypto-mining industry.

What is BatMine
Bringing Efficiency To Crypto-Mining Industry.
BatMine (Blockchain applied Technology) is a crypto-currency mining industry which aims at tackling the challenges affecting the crypto-currency mining industry to provide a trusted and reliable solution which would guarantee the efficient and effective mining of crypto-currency.
What are the solutions provided by BatMine ?
To tackle the issue of slow mining rate and high electricity consumption rate of miners. BatMine make of the new and improved miners with high hash power, high life expectancy, available spare part and low electricity consumption rate as it has partnered with a miner producing company to develop miners of high hash power and low electricity usage rate for faster rate of mining thus increasing the net profit generated.

BatMine has provided a competent team of crypto-miners who will operate and manage the equipment and it's mining operations to ensure maximum productivity and profit.
Also the issue of lack of funds would be dealt with as a security token offering (STO) will be created and runned by BatMine with the aim of providing from funds for it mining operation. This provides opportunity for investors to participate and make profit from it's operation's. BatMine also provide mining management and hosting to those who either buy and use our hardware or that have their own miners and want to house them in our location for stipulated amount.
BatMine has also considered the issue of constant and trusted clean source of electricity, therefore it has decided to establish it's company in an area that meets this demands and does not poses any threat to the mining and trading of crypto-currency and has a low tax rate on the mining industry.
BatMine would also guarantee transparency of it operations by keeping its customers and investors updated of it's operations.
The BATM Token
BATM token is an utility token that will be used to facilitate operations in the BatMine crypto-mining industry. These token can be used for exchange of all BatMine services including custodial services, exchange for mining services, purchase of mining hardwares and lots more.
IN CONCLUSION;
BatMine mining industry is an industry designed to provide trusted and reliable solution to the challenges of the mining industry. It has proven to be what is needed at this moment as it has leverage the use of improved and sophisticated technologies and equipment to guarantee that it's mining operations is productive and efficient for it's customers and the world at large.
BATMINE TEAM

Founder & CEO

Cybersecurity Manager

To know more about BatMine crypto-mining industry, please click the links below;

Whitepaper- https://bit.ly/2CXgRy3

Official Website - https://www.batmine.io

Official Twitter - https://twitter.com/batmineico

Official Facebook - https://facebook.com/BatMineICO/

Official Telegram Group - https://t.me/batmineICO

http://meduim.com/batmine

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