BATMINE : A MINING PLATFORM WITH A DIFFERENCE

Introduction.

Considering the importance of bitcoin in our present economy, its support in our world of digitization cannot be underestimated or overlooked. However, Bitcoin is anticipated to be faced by threats from attackers as predicted by the founder. Envisaging possible solutions to this future threat, he proposed that the solution will lye in the decentralization of mining computing power and the control of more CPU power than the attackers' node by honest nodes. Looking at this need in the mining community, the BATMINE platform is created in order to secure the future of bitcoin and other cryptocurrencies.

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INTRODUCING BATMINE

The BATMINE platform is one which renders solution to issues relating to the crypto miner operators by making them independent while serving their interest, unlike the current chip manufacturers. BATMINE seeks to introduce decentralization into the mining world. The platform creates an ecosystem which enables cryptocurrency mine operators to invest towards their needed mini equipment in order to gain independence from the Bitcoin ASIC manufacturers.

THE PROBLEMS BATMINE EMERGES TO SOLVE.

Due to the high cost of developing single purpose miners, many manufacturers started their own specialized niche for crypto mining operations. Mining to these ASIC manufacturers has, however, become advantageous as the equipment is gotten at the production cost, thus saving the cost to a large extent. As a result of these advantages, the ASIC manufacturers man control of the distribution of mining equipment in the crypto community; acting as intermediaries in operation, monitoring the number of miners sold and to whom they are sold. As a result of this, the crypto community pays in profit margin to the ASIC manufacturers as a means of paying their dept in investing to the development of the equipment.

HOW BATMINE WILL SOLVE THIS PROBLEMS.

As a means of circumventing and outsmarting the control of the ASIC manufacturers, the BATMINE platform provides a cooperative business model for crypto current mine operators to invest towards the development of their needed advance mini equipment. Through this approach, the control of the ASIC manufacturer is broken, leading to the decentralization of the crypto mines.

BENEFITS OF THE BATMINE PLARTFORM.

This platform coordinates the mining activities and creates awareness of available miners to the consumers on time. BATMINE provides the exact type of advantage which miner manufacturers have to their investors and maintain a constant price. The platform also fosters the growth of the crypto community and blockchain first before thinking about profit. More so, it attracts the community veteran and experts to itself.

TOKEN DESCRIPTION

The BATM token is based on the Ethereum blockchain. Purchasing the BATM serves as a means of paying towards the goods and services being developed through the product mining. The BATM Token was designed to bring about transparency, cooperation, decentralization of the product services and the development of equipment.

The platform's economy is based on the use of the internal BATM token which is of the ERC20 standard. Token holders get access to BATMINE technologies in the first place and have a discount on the purchase of equipment, as a result, the cost of equipment and its availability for the population are reduced.