Topic: [ANN]🌎Bitminer Factory : BLOCKCHAIN MADE SUSTAINABLE🌎 - page 36. (Read 25163 times)

We have modeled the Bitminer ICO Project to compute the expected return
from the BMF Mining Contract.
Our model takes into account the ICO - Initial Contract Offering Structure
as presented in this Whitepaper, particularly Token Allocation, Use of
Proceeds and Use of Cash Flow from Operations. Our assumptions on
capital expenditure to supply mining equipment, required infrastructure
and electricity may be subject to changes, but have been vetted by our
team. Project success will vary with Bitcoin Price, given the nature of our
operations.
The chart below gives you the return of each BMF after one year of
operation, depending on BTC Price. E.g., if after one year from the End of
ICO BTC Price is $14,000, we expect a BMF yearly return of 191%, i.e. BMF
will be priced at least 1.91$. In the following table we computed the yearly
payout for a Mining Contract (i.e. BMF) worth 100 at year zero, depending
on BTC Price. A Yearly Performance Loss of 20% was assumed. E.g., if BTC
Price will stabilise at $14.000 over the next 3 years, $100 spent on BMF
Mining Contracts will be worth $455,32 in three years’ time

Bitminer is a startup from Angeli’s Group, constructors and energy producers for 40 years. With more than 20 collaborators and more than €3M revenues, we are the largest industrial crypto-mining group in Italy. Today, we decided to go to the next step: we want to allow everyone to participate in our project, by purchasing our token. It’s a mining contract, that allow anyone to benefit from the production of our mining and renewable energy plants.
Learn more here https://icobench.com/ico/bitminer-factory

The company plans to buy the tokens via their Buybackplan at the end of each quarter and not each month.
And the number of tokens to buy will depend on the people who choose to sell their tokens via the buybackplan at the end of each quarter.

Starting from the 31st of December 2018, they will start proposing to buy back $BMF tokens. The buyback price at the 31st of December 2018 is already fixed at 1.1$ per BMF and it will increase by 0.1$ each subsequent quarter.

The above chart means that every 88 BMF purchased by Token Holders,
10 BMF will be issued to Bitminer Factory Management and 2 BMF will
support our Bounty Program and marketing effort.
All BMF tokens will be issued at the End of the ICO, on 30/9/18, to Token
Holders who have purchased the tokens.
Funds raised through the sale of BMF tokens will be deployed as outlined
in the table below:
Particularly, use of Proceeds will vary depending on total amount of BMF
sold. As Energy Projects are capital intensive investments, we will be able
to invest in Renewable Energy Projects (REPs) only if more than $20m
BMF are sold. In any scenario, we are committed to supply a significant
portion of the electricity we need from clean sources. If we will not have
sufficient scale to invest in our own REPs, we will work on Joint Ventures
with clean electricity producers to ensure direct supply of electricity, via
Power Purchase Agreements (PPAs). While portion of the Proceeds from
the sale will cover our Marketing efforts and ICO - Initial Contract Offering
structuring and distribution Fees, we aim at allocating part of the proceeds
in R&D. This will make our technology development team funded to create
the Services intended for this ICO - Initial Contract Offering. Particularly,
we are working on a dashboard (made available both via Web and App) to
provide Token Holders with real time control on their BMF tokens and on
our Operations.

Bitminer Factory ICO contracts
This repository holds the smart contracts that constitute the on-chain part of Bitminer Factory ICO. The 'BMF' token, an ERC-20 token on Ethereum acts as a mining contract between token holders and Bitminer Factory.

Crowdsale: a limited time period contract that accepts purchase requests for 'BMF' tokens and handles those requests, according to the supply available.
BitminerFactoryToken: an ERC20 contract that mints 'BMF' tokens during the sale period and can destroy tokens in the later phase, during Bitminer Factory BuyBack operations.
Whitelist: basically a mapping of addresses to a whitelist flag. It stores the addresses of buyers that have previously registered themselves through the Bitminer Factory Portal and are allowed to participate in the Crowdsale phase.
BurnableToken: a token that can be irreversibly burned (destroyed). Based on OpenZeppelin-Solidity with some changes in order to set a destroyer that could differ from owner.
MintableToken: the 'BMF' token inherits from MintableToken and BurnableToken with some changes in order to add a batches of beneficiaries. Minters could only be the crowdsale (to be settled) and the deployer of the contract(owner).

As all you know, mining requires energy, a lot of it! Furthermore, the energy supply needs to be reliable and cheap, and it would to be
renewable.
How to do that? Bitminer extremely experienced team (founders designed and built plants for a total of 1000+ MWp, in the past), have already secured multiple energy sources, both in Italy and Bosnia, with a hard-to-beat price of 0.055-0.075 €/kWh, which expects to lower even further.

We are glad to welcome the general director here. I consider your project a good choice for investment. Unfortunately the market of crypto-currencies today is not in the best condition. But your results will be excellent, as the market will inevitably go up.

Hi,

I’m the CEO of the company and i’m available for any kind of meeting.

Presencial or not.

At the moment we are particularly focused with dedicated meeting with traditional investment founds.

With these partners we have already concluded heavy projects capitale intensive (more than 100M$)

We have a property system.

We work at the same time with

- fpga
- gpus
- asic
- cloud computing
- mining arbitrage

- machine learning applicated to mining sistems

So, our strategy is very dinamic and can change many times in the same day.

Yes, a mobile application is provided in the project roadmap. The application will give you access to the dashboard where you can manage your tokens and the assets you want to mine.

"Our Development Team will work on a web Dashboard to ensure you have
24/7 access to our Operations data. You will be able to monitor technical
and financial performance. Through Dashboard, you will be able to manage
your BMF Tokens, assess your mining contracts’ returns, trade your BMF or
participate in our BuyBack Plan. We want the functions that we intend to
implement in our Web Dashboard to be available in a App as well. " White Paper, 14 page

White paper link: https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf

Bitcointalk profile Name: Roni1806

BMF
i hope that this project will succeed in everyall. I believe in this platform and I am at working now this platform. It's great when the management analyzes the research and shares it with their participants. Openness policies have always contributed to the strengthening and growth of the community!

Please visit now
Visit https://bitminerfactoryico.io/en/
and https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf

By utilizing renewable energy, the BITMINERFACTORY will become an friendly-environment mining platform. So that mining operations are not entirely dependent on general electricity supply. this will make your team focus more on increasing mining performance.

Visit https://bitminerfactoryico.io/en/
and https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf

Bitminer Factory ICO link: https://www.bitminerfactoryico.io/en/register/
By purchasing BMF tokens you will get exclusive access to the use of our mining assets and services and to outstanding financials

I agree that a mobile application can be useful. For a person, this would be very convenient and functional. Let this not be the main factor of the project's success, but I would be glad to see the project in my smartphone.

well, as long as the "part of the mining process" is a big enough part. what if you only get 10% of the crypto you mine? I hope it is at least 95%, with 5% going to fees. and even 5% would be a high fee cost

Hello, when post bitcointalk bounty add to bountyhunters account?

You can trade BFM on their Buybackplan, that is to say they will implement an exchange on their website, and they are already in talks with established exchange to list BMF, so it should be listed after ico

BITMINERFACTORY is here to respond chalange and provide smart solutions on the cryptocurrency mining business that is experiencing a decline today. The use of renewable energy will have a good effect on the sustainability of the mining business in the long term.

Visit https://bitminerfactoryico.io/en/
and read https://www.bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf

well, a mobile application could be SUPER useful in order to control your mining operations, your balance..change ytour setting or change the coin you are mining. i think they should develop an android / iOS applciation as soon as they go live

Bitminer Factory is a leading cryptocurrency
       Mining Operation fed with Renewable Energy and managed by a
       Team of clean energy and mining experts.
       By purchasing BMF tokens with ETH or BTC you are entitled to use our
       Mining Assets and Services and receive your part of the cryptos generated by the Mining Operation.