Topic: [ANN]🌎Bitminer Factory : BLOCKCHAIN MADE SUSTAINABLE🌎 - page 42. (Read 25144 times)

I can give info that I have found in BitMiner Factory Telegram. Hard Cap is $100M, Soft Cap is $1M and already collected.

Hi there!
Please someone tell me wht is the hard cap of project? And haw much has the projecct already collected?)
Thank you!

Thanks for the quick response! I understand that you are sure that the exchange value of the token will always be higher than the price of the BuyBack?

Bitminer Factory’s startup aims to use renewable energy for mining, rather than the electricity-draining methods presently involved in the industry. This change makes blockchain a more sustainable technology, and will profit enthusiasts, miners, and other types of investors in crypto. They presently have 100,000,000 to sell.

Still waiting answer to these questions. I have tried to find answers at your whitepaper but still confused, could you please give solid numbers/calculations.

buy back price will increase 10% every quarter,  1 BMF will be returned by its Token Holder in exchange for an amount of BTC or ETH equivalent to 1.1$ at the time of the first Buy Back. BuyBack will be paid out in BTC or ETH only. All conversion rates (BTC or ETH or any other coin to $) will be taken transparently on
Coinmarketcap.com.

sorry, can you explain this point for me? "receive yearly payouts in cryptos and benefit from AIM listing"
how much yearly out will be pay?  This benefit will pay every month or evey year?

Bitminer is a interesting project although a startup project from very reputed Angeli’s Group, energy producers for 40 years and more than €3M revenues.

Is it true that upon completion of sales it will be possible to sell tokens of the company itself? At what price will you redeem the tokens?

What is the price of BMF token and when can I exchange it?

Thanks for asking!

We have currently over 1,000 miners (mostly GPUs) up and running in our Mining Farm in Calenzano, Italy. See pictures on our Instagram channel https://www.instagram.com/bitminer_factory/

Miners are third party owned, we house and operate them. We decided to launch an ICO to sell a "tokenized Mining Contract" which we called BMF to allow any holder all over the world to benefit from our Mining facilities. The more we build, the larger the economies of scale, the better the financial results.

On the other side of the coin, the token will be liquid as it will be tradable on exchanges or sellable back to us, through our Buy Back Plan. We thought that providing liquidity was a must-do for those investing in our Mining equipment.

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Hi

we are colocating our Mining arams in both countries, Italy and Bosnia, with renewable energy projects, which gives us access to very competitive prices.

Our current prices are 0,145€/kWh in Calenzano (will be 0,11€/kWh very soon) and 0,066€/kWh i Bosnia.

As you can see, Italy is relatively expensive, therefore we plan to run our Alternative Mining Solutions in Italy, i.e. Mining Farms based on FPGA technology which requires much less energy consumption, and move all the other technologies to Bosnia.

Read more on our Alternative Mining Solutions on our Medium Blog.
https://medium.com/@BitminerFactory



[moderator's note: consecutive posts merged]

Where will the accrual of interest on tokens take place, will they need to be stored at some kind of your service? or did I misunderstand something?

Hi,
thank you for asking, very good question.

We have a solid financial model in place for our Mining Operations. All the technical and financial assumptions (such as token allocation, use of proceeds and use of cash flow from opearations) is reported in our Whitepaper and Pitch Deck. You can find both on our homepage www.bitminerfactoryico.io

We are clearly correlated to BTC price as you mention, that is why you can find a Return Calculator on our website where you can see the expected return depending on BTC price.

Projected Yearly returns vary between 67% to 314% depending on BTC Price. If you scroll the page https://bitminerfactoryico.io/en/what-you-can-use
you will find a chart with projected returns.

I understand that you already have equipment for mining coins. Why do you then conduct an ICO and raise additional funds? And in general, why do you need blockchain?

Bitminer Factory will allocate part of the cash flow from operations to Buy Back existing mining contracts, namely BMF, Buy Back will be reiterated every quarter from the End of ICO with 10% increase in token price

Could you please explicity state why your mining activities are confined in Italy and Bosnia only? Based on electricity prices and solar exposure there are other locations which might be more profitable for mining within Europe.

Where i can find tranlation task in bounty? Or this task dont be needed?

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. See our Mining Contract for more details.

Have you made a solid calculation about the returns of ICO investors?

I think you have to put an expected earnings table for the investors during ICO on monthly/yearly basis. I appreciate for you can not predict these calculations based on fiat but there must be an expected earnings table based on BTC.

Where can we find these numbers. Please inform.