One of the biggest problems that blockchain industry is facing is high energy consumption needed for cryptocurrency mining. At this moment annualized estimated global mining cost just for Bitcoin is over $3 billion and rising. Regarding electricity consumption, we could compare Bitcoin world mining operations with countries like the Chezch Republic, with more than 10 million people. To find out more about this subject visit THIS WEBSITE.
Even some cryptocurrencies are using other systems, like Proof-Of-Stake to avoid mining, the biggest ones (Bitcoin and Ethereum) are relying on Proof-Of-Work to secure their networks and transactions. Despite all disadvantages, Proof-Of-Work is still the best method for any cryptocurrency, and it is expected to stay as dominant in the near future. The additional problem with high energy consumption for mining operations is that most of the mining is conducted in China, and powered by energy sources that are not green or renewable. There are already few projects aiming to change this situation and take a significant part of cryptocurrency mining industry with improved mining methods.
Swiss Alps Mining is project for smart cryptocurrency mining in the better, more efficient, profitable and renewable way. All mining equipment is set in specially designed mining cubes that will be placed at Swiss Alps, as the name of the project suggests. There are several reasons for choosing this location that will create savings of up to 50% in the final electricity cost. Knowing that at this moment cost of electrical energy takes half of the profit from Bitcoin mining, it is obvious how much advantage will Swiss Alps Mining project have when compared with classic mining operations. Natural Alps climate will lover the temperature from mining operations and make a saving of up to 40% on cooling. Mining heat waste will also be used for electric power reclamation, and this will make additional savings for Swiss Alps Mining operations.
What does the Swiss Alps Energy AG (SAE) project offer? The creators of the project offer us to obtain crypto currency in the Swiss Alps. "Why there"? - you ask. It's simple. First, in Switzerland, mining in residential areas is now banned. In the Alps, a sufficient number of empty premises with an ideal infrastructure. Secondly - the climate, which will ensure the perfect heat removal from the operating equipment. And, thirdly, the ability to use renewable energy sources. How do you like this solution? It seems to me that it is impossible to find a more ideal place for mining crypto-currency.
At the very beginning of the birth of the project, the creators ran into a problem that soon became a salvation. If it is not allowed to engage in the production of crypto currency in residential premises, why not move this action to a remote place? The idea was welcomed by the staff and the first prototypes of the blocks for mining were soon created. They were placed in non-residential premises in the Alps and began to feed from renewable energy sources.
Block modules for mining are also an unusual solution. But this is also a plus, because at any time one unit can be disconnected from the network, repaired or moved to a more advantageous location. Such a decision in no way hinders the development of individual regions of the country and does no harm to nature.
As for the project participants, among them are specialists from the field of blockbells, developers of programs and applications, analysts of the crypto-currency market, as well as specialists in the field of building and building design. From the depths of this well-coordinated team, successful products based on blockbuster technology have already managed to emerge. The current creation of the participants - Swiss Alps Energy AG (SAE) , is now the stage of filing all documents, to acquire legal status, to further translate the idea into reality.
In the near future, the representatives of the Swiss Alps Energy AG (SAE) project will implement a system for leasing blocks for mining. What does this mean? Very soon, everyone can rent such a block, which will bring his owner a profit. The benefit is staggering, as the cost of maintaining it is several times less than if you were building your own farm and servicing it. Think before it's too late and get involved in this project. I am sure that in the future this kind of activity (mining of crypto-currency) will become extremely popular. And if you do not understand it now, it will be impossible to go into this project further.
Token NAME SAM
PreICO Price 1 SAM = 0.30 USD
Price 1 SAM = 0.5000 USD
Platform Ethereum
Accepting ETH,BTC, Fiat
Soft cap 5,000,000 USD
Hard cap 100,000,000 USD
Raised $6,020,000
Whitelist/KYC yes
After the initial development of SAE’s infrastructure and business activities in Switzerland, the expansion into foreign countries, especially in the area of renewable energies, is conceivable and desirable. The ability to pay by using crypto currencies and the settlement process via smart contracts is another novelty that can further help SAE to become the industry leader in the field of blockchain-based business models.
The idea and technology behind the Swiss Alps Mining is outstanding. Swiss Alps team project managers and engineers are highly reputed as we notice they are dealing a huge set of launches where they are integrated into a secure communication system. The team is with a solid background who are experts on this special matter. They look like they know what they are trying to do on the blockchain. After studying all the major concepts from their whitepaper I have a high of seeing SAM succeed as it truly has the potential to rock the market and also investing into this project won't be much challenging for major investors.
For detail information you can visit Swiss Alps Mining's official site and read their whitepaper. The links can be found below.
Website: https://swissalpsmining.io/
Twitter: https://twitter.com/swissalpsmining
Facebook: https://www.facebook.com/swissalpsmining/
Instagram: https://www.instagram.com/swissalpsmining/
Telegram: http://t.me/swissalpsminingICO
Whitepaper: https://swissalpsmining.io/pdf/whitepaper.pdf
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767745
username: arsenalx420
