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Category: SWISS ALPS MINING
The cryptocurrency mining industry is constantly growing with entrepreneurs and companies having developed successful business models which depend upon this activity, also developing mining farms in a small backyard or in a gigantic industrial sheds. Mining is becoming increasingly complex and expensive as the hardware is evolving to be more and more efficient and mining farms are developed in places with ideal conditions to improve the profitability of cryptocurrency mining. Nowadays, it is an activity that requires expertise with knowledge in multiple topics such as electricity, hardware, networks, cooling, among others.
Currently, there are cryptocurrency mining companies in which you can invest without being a ‘crypto geek’ and without having to invest large amounts of money. Swiss Alps Energy AG (SAE) is launching its own ICO, which will serve as a funding mechanism to allow any potential customer to have access to cryptocurrency mining, either by buying a small portion of mining (hashrate) or to purchase one or more cryptocurrency mining modules with a capacity of up to 100 Bitcoin mining machines each.
SAM Unit 1 being placed, source: swissalpsmining.io
SAE have developed a sophisticated, mobile, prefabricated and fast-mountable mining farm called ‘Modular Cube System’ (SAM Cubes) available in two sizes.
SAM Cubes’ mining capacities can be rented completely or partially and hosted by SAE, guaranteeing highly energy efficient and cost competitive mining. Customers may also purchase cubes for their own use obtaining the necessary power from SAE and operating the cube on SAE’s premises, or deploy the cube elsewhere.
The SAM Cubes are located in the Swiss Alps, with ideal conditions for natural cooling and renewable energy (at low cost) for mining activity, which reduces the electric cost by 30%.
ICO funds will be used to finance the development and expansion of mining facilities and to acquire holdings in hydropower plants. With the acquisition of hydroelectric plants, the energy will be self-produced, reducing costs drastically in comparison to other mining farms.
SAM Unit 2 workflow, source: swissalpsmining.io
The SAM Cubes have a system called Organic Rankine Cycle (ORC) which facilitates the process of energy recovery, taking advantage of waste heat generated by the mining process in order to recover energy and decreasing energy consumption by up to 20%.
SAM Cubes are eco-friendly as they have dust-protected mining components, the used energy comes from renewable sources and the heat emitted is used to create its own energy thanks to the ORC system.
The rent or purchase of the SAM cubes, services and energy supply will be paid with their token.
ORC System explained, source: swissalpsmining.io
Token name = Swiss Alps Mining
Acronym = SAM
Platform = Ethereum ERC20
Max. Number of tokens = 239,682,538
Cryptocurrencies accepted = Bitcoin, Ethereum
FIAT accepted = yes
Soft cap = $5,000,000
Hard cap = $100,000,000
ICO = 165,178,571 – 68.92%
Founders & Partners = 23,968,250 – 10%
Business Angel & Advisors = 19,174,600 – 8%
Pre-ICO = 14,583,333 – 6.08%
Future Contributors = 11,984,125 – 5%
Bounty = 4,793,650 – 2%
SAM token distribution, source: swissalpsmining.io
Mining facilities / hydropower plants = 60%
Administration / salaries / rents = 18%
Marketing / promotions = 10%
Cube construction = 5%
Development / blockchain / certification = 5%
Legal = 2%
SAM token funds usage, source: swissalpsmining.io
Starts = May 29th, 2018
Ends = June 6th, 2018
Token price = $0,30 to $0,40
Min. buy = $5,000
NOTE: token price depends on purchase date.
Starts = June 15th, 2018
Close = July 27th, 2018
Token price = $0,50 to $0,80
NOTE: token price depends on purchase date.
The Leading Team
Gian-Carlo Collenberg – CEO, founder
Ramon Simon – CFO, founder
Michael Rava – CMO, founder
Rajasekaran Yogarajah – CTO, founder
ICO One pager
SAM is the evolution of the cryptocurrency mining farms in which they combine electrical efficiency, favorable conditions, state-of-the-art technology, eco-friendly mining and a team that has the necessary expertise to carry out the project. All the levels of efficiency that they implement reduce the electric cost up to 50% compared to other mining farms, which is a great advantage since the electric cost is the highest cost in the mining activity of cryptocurrencies, allowing the cryptocurrency mining industry to become both more sustainable and more profitable.
Thursday, May 31, 2018 2:01 AM UTC
A Swiss company believes it has found a way to kill two birds with one stone. The birds would be the massive energy consumption of crypto-mining and the utilization of the dilapidated buildings scattered across the country’s borders.
As for the stone, Swiss Alps Energy (SAE) proposes that mining rigs be installed in these decaying buildings all over the Swiss Alps in the form of what it calls a “sophisticated modular cube system.” These pre-built structures are claimed to be flexible, malleable and automated, and require minimum maintenance. A central management system will go along these specialized cubes to ensure that maximum mining potential is reached, Cointelegraph reported.
The SAE is attacking this spiraling energy consumption of mining activities on multiple fronts. The company is designing what it calls an Organic Ranking Cycle (ORC), which takes wasted byproduct energy from intensive mining exertion to power mining cubes with a specialized ecological design. And because these cubes are placed at high-altitude areas, the temperature of -15 degrees Celsius will render air-conditioning installation completely unnecessary.
Switzerland has been at the forefront in pushing renewable energy as the primary source of electricity. And hydropower is at the center of this endeavor. The country’s regulation on renewable energy will create power from 2,831 gigawatt hours in 2017 to at least 11,400 gigawatt hours by 2035. Power production will come not only from hydroelectricity but will integrate solar, wind, biomass and geothermal energy as a source of clean energy.
As such, Switzerland boasts a “good and cheap supply of renewable energy” for miners who choose to set up mining rigs in the country. And crypto-miners will undoubtedly be drawn to this as energy cost takes a big chunk out of their profits.
Individuals or businesses are given the option to rent or purchase these SAM cubes that can be remotely operated in the Swiss Alps or installed in other areas. SAE estimates that a $65,000 investment in this project will yield a $235,000 return in three years.
Moreover, investors will be assisted using the company’s SAM Smart Mining called SamaiX. The system employs an artificial intelligence platform that will conduct market calculations to identify which coin currently has the greatest potential to yield profits. This way, investors can monitor the rise and fall of different cryptocurrencies and make an informed decision on how to adjust their strategy.
By revitalizing these unused buildings, the company hopes to lift the weight off people who consider these tenements a burden and simultaneously preserve their cultural heritage. While breathtaking sceneries are what the country is known for, this endeavor will help transform local economies into a digital haven, giving a financial boost to those involved.
The first SAM cube began its operation in February 2018, with buildings being rented by investors. The company means to rent out or lease more of these buildings in the coming months, with the cubes slated to go on sale at the end of 2018.
The private sale began in May, while the company’s open-ended initial coin offering (ICO) will start in June. The goal is to reach $96 million through a process involving four stages.
More information and purchase: http://swiss-alpsmining.com
Original Source: Cointelegraph