The contract of the Facite mining foundation is located in Kazakhstan's free economic zone in Pavlodar. Electricity will not pose any form of challenge since we have been able to secure just enough power supply that will accomodate about 2 million miners or thereabout. Our site is as wide as 180ha where the Facite Foundation mining center occupies about 3ha. Our infrastructure is located near a power substaion, so we are sure to proudly state that miners will be experiencing an effecient mining sytem/ process.
In the year 2019, the government of Pavlodar has promised to supply the Facite Foundation mining sites with electricity at the tax rate of 25%, to urge us to contribute to the growth of the city, of course we do not see it as a challenge.With this sort of promise we are about to surf even deeper into the competitive system with no kind of doublemindedness.
Facite can proudly beat it chest to say that the Pavlodar mining site continues to be the best mining site with the utmost condition for mining, and the supportive backup of the govenment, promising an affordable power supply, a suitable mining atmosphere, as a result of the Kazakhstan's bid for digitalization.
Below are the stated cost of electricity in various countries:
With the above analysis it is clearly seen that the Kazakhstan's cost for electricity is way cheaper and affordable, which gives us a foothold for better cryptocurrency mining and at a cheaper rate.
Reknown Bodies That Supports The Facite Foundation/ Token
All of the above supports and backsup the Facite Foundation and token system.
What Is Magnum?
In the whole of Almaty city, Magnum operates about 30 stores. It is a large discount store. MAGNUM and the Facite foundation are in collaboration to discuss the payment of tokens.
After successfully aquiring KHAN 21 HOLDING in the year 2018, Facite Foundation moves further to promoting the renewable power business. Kazakhstan is known for a very good geographic condition that allows the production of photovoltaic energy. The photovoltaic energy produced by the sun is about 1200W/m, since sunlight is available for about 2200-3000 hours per year. As a result of this, experts has predicted that Kazakhstan's solar energy company will experience a constant growth by an average of 17-32% per year.
Total number of issued token - 100%
Token sale - 40%
Company operation - 20%
Team members -10%
Marketing - 10%
Development - 10%
Advisors -5%
Reserve - 5%
The Facite Foundation made up of 14 team members, headed by the founder Mr Dmitriy Li, has put their heads together, searched out the issue challenging mining and have come up with a lasting solution that will help stabilize the mining system. Electricity is very paramount in the mining of cryptocurrency, so the team Facite chose a country that operates at a very low electricity cost to plant their mining site, by so doing they afford miners the ability to mine cryptocurrency without any form disruption due to power supply, we are sure to experience a befitting mining process in years to come.
Website: https://www.facite.org/
Twitter: https://twitter.com/faciteofficial
Facebook: https://www.facebook.com/Facite-394735348032337
Telegram: https://t.me/faciteofficial
Whitepaper: https://docs.wixstatic.com/ugd/8f0e7c_d29a737cd1ca4e6384
Writers Details
BTT Username: Oyimeelijah
BTT link: https://bitcointalk.org/index.php?action=profile;u=1982524
