what is the main idea of your project?
Ambit mining is the next-generation mining infrastructure, which unites mining,
cloud mining, and hosting services. Ambit Mining has a track record and experience in running a successful mining operation. We have already constructed 1 MW diversified mining facility in Tbilisi Free Economic Zone and 5 MW hosting facility, which has achieved 100% ROI in just 5 months. Building on this successful project, Ambit now aims to scale its operation to 20 MW and invites mining enthusiasts to join our mining family. Our experience in this field helped us to secure partnerships with the leading hardware manufacturers and companies that will allow us to run a successful and profitable mining operation.
You can find out more in the very first post on this thread or by checking out
https://ambitmining.io/I am looking for investment opportunities. What benefit can I have in your project?
So what is the practical benefit of holding tokens? Or is it just a tool to calculate the initial investment?
what are the benefits of owning your token? does it mean i become a shareholder in some sense? I'm not sure as I'm understanding it right from the White Paper.
All token holders will receive bi-weekly dividends: 85% of the net profits from the mining operation and 85% of the net profits from hosting services. (In accordance with the rules as setting up in the Smart contract). Dividends will be calculated and paid on bi-weekly basis in cryptocurrency. The size of the dividend will be determined in a pro-rata share of the tokens held by token holders during a full cycle before the dividend declaration. (for example, if a user held 100 tokens in the beginning of the cycle, and sold 30 during the cycle, dividend will be allocated for the remaining 70 tokens which were held during the full duration of the dividend cycle)
A portion of the profits from the mining (30%) will be bootstrapped into further development and innovation of our equipment, in order to maintain profitability with the constantly increasing difficulties in mining. All the information regarding the upgrade of the equipment as well as other related development costs will be fully transparent and available to the token holders, to ensure the credibility and transparency of the project.
Where can I see the previous works of the team? Or maybe names of projects?
https://ambitmining.io/#teamsHow many miners do you have at the facility at the moment?
https://www.youtube.com/watch?v=nhPn8-pS1oQIs your token considered a share or internal currency?
It is a dividend token
Ambit Mining is an organization that was established in summer 2017, and is part of the bigger BFGroup Holding that also controls several business in Georgia such as petrol stations, poultry farm and an international audit firm. Find out more about us
http://www.ambitmining.io Where can I find info on the BFGroup?
Where can I find info on the BFGroup?
I am interested in this info also, would like to know more about their projects.
From Beka's LinkedIn page
Bitcoin Fund Group (BFGroup)
May 2017 – Present (1 year 1 month)Tbilisi, Georgia
Bitcoin & Fund Group is a Holding Company that operates in different industries such as Oil and Gas, Fintech, Digital Media and FMCG sector. CryptoCurrency Network - CCN is BFGroup’s online media channel with up to date information about Cryptonomy. It provides an opportunity for users to track, discuss and learn, all there is, about cryptocurrencies, mining and hosting Services.
CCN became popular for its daily vlog about building the 1 Megawatt, diversified mining farm in the Free Economic Zone in Tbilisi, Georgia - the most crypto friendly country.
Now, in addition BFGroup offers ICO consulting, Exchange Large Amount of Bitcoins and Altcoins into Fiat, Hosting service with full maintenance, 24/7 Security, CCTV, 0.05 USD electricity price, Remote desktop control and 24/7 Help Desk. BFGroup strives to provide its consumers with the best possible customer experience and an opportunity to learn all about mining and building a large mining farm.
When is the status bar for sales going to be updated?
It is updated daily
Do you have referal bonuses?
Yes. You get a referral link when you register. When someone uses your referral link, you will receive 3% of the amount that is purchased in AMBT tokens. You can now track your referrals in your dashboard.
Do you have an escrow?
No.
It seems that you are a decent platform. what do I do to make profit with you?
To participate in the ICO, go to the website here
https://ambitmining.io/ and click on BUY AMBT to register and participate.
Hi I am just wandering how you can guarantee lifetime profit? Thanks
it's s lifetime contract. as long as mining is profitable, investors will receive dividends