About us
We are data center “Siberia” - one of the largest data processing centers in Siberia. Cold climate and low-cost electrical energy provide high efficiency for our data center’s work. We always search and expand new trends. One of our perspective projects is industrial mining. Mining for us is an opportunity to obtain the maximum benefit for all the participants.
What benefits are there for using us
We take over all the difficulties on realization of industrial mining such as power engineering, communication, equipment supplies, installation and configuration, support of climatic conditions, ensuring of trouble-free operation etc.
Why choose the SiberianMining team
Because we have a lot of spaces, experience and megawatts of electric power.
To reiterate, we’re engaged in networking, communications network and data centers operations for over 8 years. During this time, our experts have gained a lot of experience in IT system exploitation. After setting up the first so-called “test-drive” 100kW computer room, we estimated perspectives of industrial mining by our technical capabilities and economical parameters (profit, energetics, cooling), and came to understanding of economic efficient cooperative farm scaling.
We don’t suggest renting mega hashes or kilowatts of energy, buy equipment under special conditions, set up this equipment and doubt it’s safety. Instead, we propose to mine together which will allow you to enjoy earning profits without the operational headaches.
What do we offer
We offer the ability to obtain SIBERIA tokens during an ICO process. Received funds will be used to increase the capacity of our mining farm SIBERIANMINING. Charging of dividends will start after setting up and launching equipment obtained via funds from ICO. We distribute 50% of income from industrial mining in the form of dividends. The first benefit period would be up to three months after ICO completion; at the period that is established by the conditions of production and equipment supplies. The number of dividends for one token increases as we get closer to planned capacity. Dividends are paid via Waves platform in crypto-currency different from SIBERIA tokens, i.e. bitcoins. Charge currency may be changed or complemented with a list of other crypto-currencies considering the situation on market and technological capabilities of the Waves platform.
Distribution of dividends
Profit from mining in crypto-currency is divided by the amount of tokens in circulation. Thus, the dividend amount for one token is determined. After that, every wallet with a positive amount of SIBERIA tokens are accrued with an amount of dividends proportional to tokens in wallet less system commission for transition.
Start of payments
The payments will start at the end of the calendar month when the farms obtained via ICO are launched. Execution of payments are planned on the 10th day of the month.
Profit calculation
Profit – it’s a revenue on mining minus the electrical bill.
Dividends payment frequency
Dividends are paid once a month.
ICO features
1. Cost of 1 SIBERIA token – 0,0005BTC
2. Total amount of SIBERIA tokens are 130 000 000.
Total number of tokens are calculated based on the data center sites maximum load. Additional emission of tokens are not applicable.
3. ASSET SIBERIA token ID on Waves platform:
9QrUSk9mkkdRPKDzNnEVDBoMDb6iBny4XpxsYtpwJdH9
4. Minimum threshold of ICO success is absent.
Since we don’t start a new project but rather develop existing capacities and sites, we decided to remove the minimum threshold when an ICO is considered successful. Even if we have only one client with only one SIBERIA token, we’ll add the necessary amount of funds, expand the farm and transfer dividends to this client.
5. Unrealized SIBERIA tokens (remaining on account 3PHxVdByAvWpt2GSEx35pqMDqdgUC61wpZQ) do not take place in calculation on dividends distribution.
6. The minimum period of indissoluble possession is 60 calendar days. Dividend accrual is carried out by the minimum undetermined SIBERIA tokens balance on the customer account for the last 60 calendar days...
- example 1. On September 3rd, SIBERIA tokens are purchased, wherein dividends are paid on every 10th day of the month. Payment of dividends on tokens purchased on September 3rd will begin on November 10th...
- example 2. Since August 1st a customer has 20,000 SIBERIA tokens. On the 15th of September, due to growth rate a customer sells 20,000 tokens on the stock exchange. Wallet balance is 0. In this case on the 10th of October a customer won’t get dividends, because the minimum undetermined balance for the last 60 calendar days on his account is 0.
- example 3. A customer has 10,000 SIBERIA tokens on his account and on September 3rd he purchases 10,000 more tokens. On September 10th and October 10th dividends will be paid for 10,000 tokens and on November 10th – for 20,000 tokens.
These restrictions were introduced in order to protect interests of token owners for a time of technological expansion of mining capacity by a size equivalent to the amount of newly purchased tokens. This limitation can be removed after getting the full capacity (realization of full amount of SIBERIA tokens).
ATTENTION! Dividends that are released via operations described in example 2 are donated to charity.
ATTENTION! Purchasing of SIBERIA tokens is prohibited for USA citizens.
Modernization
Due to the increasing complexity of mining, the appearance of new, more efficient technical means and the introduction of new blockchain protocols, the capacity used at present may become less effective than analogs. In order to improve efficiency of mining and increase the rate of return, the modernization process of a mining farm through redistribution of the gross profit part is possible. The modernization request is issued by the SIBERIANMINING administration. The decision of modernization is taken collectively by quorum not less than 51% of the total number of tokens.
Technical information
Location
Russian Federation, Tomsk region, CATF Seversk.
CATF - Closed administrative territorial formation.
Infrastructure
Area 1. “Siberia-1” - dedicated electric power for farms – 1MW (current). Available electrical power – up to 10 MW.
Area 2. “Siberia-2” - available electrical power for farms – 10 MW.
Area 3. “Siberia-3” - available electrical power for farms – 30 MW.
Area 4. “Siberia-4” - available electrical power for farms – 1 MW.
Fiber optic communication channels with bandwidth up to 80 Gbps.
Planned implementation stages
1. 10.08.2017-11.09.2017 - ICO
2. September 2017г - November 2017г - Equipment supply, preparation of computer rooms.
3. From November 2017г – Setting up, installation, start of exploitation
