Startmining (STMG)ICO StartMining is a project based on construction and launching of industrial mining farms in Russia and the European Union. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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Technical details
Ethereum smart-contract (ERC20).
What is Startmining
It is planned to build platforms with the overall capacity up to 4,000 farms. The main sources of companys income: Mining the main cryptocurrencies: Ethereum, Zcash and Monero; Provision of mining facilities as rental (cloud mining). The first token supported by real equipment and facilities. Minimization of risks by the diversification of cryptocurrencies and provision of facilities as rental. Open access to the current farms output. Possibility to exchange tokens on mining facilities - real asset. Launching terms are no longer than 4 months. One of the lowest electricity costs (up to 2 cents/KW). Wholesale prices for equipment and components.
Token infoTicker: STMGDividends: 40% of the company's net profit will be distributed among token holders at the end of each financial year. Accepted currencies: ETH, Altcoins, USD/EUR, Visa/MasterCard Token distribution: 93% of tokens are issued to realize initial ICO goals; 2% — Bounty program and bonuses; 5% — Escrow. |
Startmining Roadmap
The first phase of the project is the purchasing of the premises, setting up an equipment and running the mining farms. Filling up the facilities on 100% may be arranged immediately or within six months from launch date. It will mainly depend on the amount of raised investments.
As soon as first phase will be completed, we will begin providing facilities for rent. Rent can be carried out in exchange for tokens. For investors, the price will be lower than the retail one.
After providing the capacities as rental to the project investors during the third stage of its development, renting will be also available for all customers.
The fourth stage of the project development involves reinvestment of funds and increase in the number of sites and farms.