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Moonlite Large scale,green crypto mining

bambang(10)

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Industry is the production of goods or related services within an economy.The major source of revenue of a group or company is the indicator of its relevant industry.When a large group has multiple sources of revenue generation,it is considered to be working in different industries.Renewable energy or green energy is energy that is collected from renewable resources which are naturally replenished on a human timescale such as sunlight,wind,rain,tides,waves,and geothermal heat which can be used for industry.

Mining is the process of creating new blocks in the blockchain,for which the system gives a reward.New blocks are created by complex cryptographic calculations,for which miners provide their computing power.Initially,mining was a tool for creating new coins in the Bitcoin blockchain,but now it is possible to mine almost all existing cryptocurrencies in this way.
Bitcoin and most other cryptocurrencies use the Proof-of-work protocol for mining. This protocol suggests a reward for Proof-of-work the miner who has made the calculation to create a new block receives new coins.This approach leads to an arms race the miners include more and more capacities in the process, building entire mining farms.Competing with them using an ordinary desktop computer or even a home plant for mining is pointless.

The MoonLite Project will operate several industrial scale data centers in the Crypto Currency Mining industry, and plans to begin by mining predominantly Bitcoin,DASH, Litecoin and Ethereum using 100% sustainable,green energy.100% of the energy we consume is generated using Hydro,Geo-Thermal and Wind sources.The MoonLite Project will base its first mining operation in data center capital of the world, Iceland,where the average tariff for the industrial connections are 0.043 USD per kWh.Our data centers enjoy a contractual supply of the cleanest energy available and at a multi-year fixed rate and additionally do not need to provide extensive cooling infrastructure due to the cool Icelandic climate.

We have the best operational team to oversee and maintain effective operations of our data centers, and we have the most experienced and qualified board of advisers to assist in planning and executing a smooth launch.We are very selective of who we invite to be part of our team and only engage with the best talent.Our operations will combine a number of emergent technologies and systems such as Artificial Intelligence and custom sophisticated algorithms,that will work in synergy to maximize the profits and efficiency of large-scale cryptomining.
The proceeds from mining operations will be split as follows:
1.Liquidating a percentage into fiat currency to cover operational costs,ad-hoc re investment into operations and to engage in other crypto & blockchain investment opportunities.
2.Retaining a certain percentage of crypto-currency, to be kept in cold storage for the appreciation and investment value.A smaller percentage will also be traded by a highly experienced team of in-house crypto-traders to maximize returns.
3.Retaining a certain percentage of crypto-currency to be used for planned equipment purchase and expansion.

The ratio will be placed to a vote by token holders on a quarterly basis but will begin with a 60:20:20 split.All voting will be executed by secure.vote,a decentralized blockchain governance voting system.Operations are set to begin in August 2018, and we aim to be,in time,one of the larger crypto-mining companies globally.Official website https://www.moonlite.io/

MISSION STATEMENT

The MoonLite Project aims to add value to all token holders by employing the latest technology,rolled out in the most efficient manner and run by the most suitable team in order to meet and exceed all performance and growth targets.
We will only use 100% clean,green and sustainable energy sources.
MoonLite will embrace youth,technology,fun and aims to be a preferred employer of the best talent available.We embrace Blockchain Technology and will continue to advance the company and teams in parallel.
We are a blockchain company and believe in 100% public transparency.All operational,investment and executive decisions are sent to public vote,where token holders have the last say.Additionally, all financial,crypto-currency and trading records will be independently audited on an annual basis with the results are published publicly.
MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract,created to run on the Ethereum ecosystem.

Cryptocurrencies have developed over the last 9 years and have grown from a concept to a relatively stable investment for many.The establishment and certainty of the market and currencies is proven.With the release of ASIC and other high performance mining equipment,it has become possible to mine crypto-currencies efficiently and profitably.The opportunity lies in the ability to generate significant profit from a large scale mining farm because the ‘difficulty’ level has somewhat stabilised for many currencies.Other currencies are still on comparatively low difficulty levels and that represents a fantastic opportunity for new miners with a suitably sized operation.
MoonLite will have dedicated ASIC and specialised equipment to mine:
● Bitcoin, and bitcoin derivative’s
● DASH (former Dark Coin)
● Litecoin
● Ethereum, depending on profitability at the time

The company aims to continue mining high value,proven and stable currencies with the view of turning some of the mined currencies into fiat currency,while retaining the balance in crypto-currency for the purpose of expansion and investment value.
MoonLite will fill this gap by addressing the demand for currency by way of mining at a suitably sized mining farm.Our planned capacity is as follows:

The Market
Market Capitalisation for the currencies we will be mining:
Bitcoin : $252,419,830,420
Bitcoin Cash : $41,558,084,293
Ethereum : $93,405,070,461
DASH : $8,964,815,433
Litecoin : $12,743,719,310
These figures are growing hourly and thereby present the opportunity to partake in this growth market by providing the processing power to the network in return for financial rewards.