About BatMine
BatMine aims to become the most profitable crypto mine in existence. We combine safe, predominantly European locations, an excellent team, low cost, mostly green energy, unrivalled hash power of up to 55 TH/s and miners with the best cost/performance ratio. We optimize switching between the currencies we mine to maximize the yield of the BatMine for all of us.
Apart from using our hash power you can also use your own! You can buy our miners and run them at our BatMine location. All proceeds minus a fee for electricity, operation, service and management are yours. Our safety, low cost electricity and high hash rate will make your mining significantly more profitable.
BatMine Vision
BatMine is more than just another crypto mine. It is Blockchain Applied Technology at its best, crafted to an art by skilled Cyber artisans and Blockchain professionals. We are creating the most advanced, profitable, fastest crypto currency mine that ever existed. A Mine that you can join, and become a member of our BatMine community. We will bring this amazing opportunity to life together and build the BatMine for visionaries – our Community!
Blockchain technology is indeed revolutionary and we do believe it is the future, but there are still things to be perfected. Two of those things are costs and energy efficiency. Bitcoin or any other currency mining can get very expensive and can drain a lot of electricity. As an example we mention the problems during the peak moments back in December 2017 until January 2018 when a lot new people were coming in and a lot of trading was going on. With the former speed and efficiency transactions were getting stuck in the system, causing people to wait for weeks until their transaction went through.
IF YOU NEEDED YOUR TRANSACTION TO GO THROUGH WITHOUT PROBLEMS, YOU HAD TO PAY 50-100$ IN TRANSACTION FEES, WHICH WE CAN ALL AGREE, SHOULD NOT BE HAPPENING.
As we believe and hope, blockchain will go mainstream in the near future and the peak moments we experienced in the past will be nothing compared to the load of transactions coming our way. We, as miners, need to get faster in mining and cheaper in energy costs – and that’s exactly what BatMine offers. We aim to become the most efficient and profitable mine in the history of blockchain, and we invite you to participate in making it happen.
BatMine ICO
GREEN MINING
To lower the carbon footprint from mining we pledge to use as much green energy as is available. We have pre-contracted an excellent price of around 4 cents per KwH.
PROFESSIONAL TEAM
Our team has experience in cryptocurrency mining and blockchain in general, they breathe crypto and are both motivated and able to make this project happen.
HASH POWER
We use miners with a hash power of up to 55 TH/s. For LTC, ETH and other scrypt-algorythm based coins we use mining chips with 10nm, 5M scrypt hash per chip and an ultralow energy usage of 0.5W/M hash power.
DISTRIBUTION OF HASH POWER
Our ERC20 BATM tokens can be exchanged for Mining-as-a-Service (MaaS) services and Custodial service packages. We distribute the proceeds monthly.
LEGALLY COMPLIANT
In case of an official legal compliancy- and license requirement in our country/ies of operation, our mines will be fully legally compliant and licensed.
SAFE LOCATIONS
All locations are environmentally and politically safe.
Silent Partnership - Reliability in a volatile market
Our project connects the real business world WITH the blockchain. Our BATM Token is an ERC20 token that can be used to exchange for our MaaS services and Custodial services. The second, very important part of our concept, is fully legal profit sharing using an investment instrument called a Silent Partnership.
Every investor will get a Silent Partnership Investment Agreement (SPIA) and based on that his or her share of 30% profit sharing over any and all of the company’s profits. The exact amount of profit-sharing percentage is calculated by dividing the total raised amount by the invested amount per individual Investor. So, as example, if the Hard Cap of 19 million EUR is reached and an investor invests 1.9 million EUR, the Investor receives (19 million / 1.9 million =) 10% of the 30% profit sharing, hence 3% of the total profit of BatMine for a period of 10 years.
BatMine guarantees to share its profits with investors for a set period of time – monthly until March 2029. Tokens can be exchanged for our services any time
An ICO and legal profit sharing? How can this be?
Ethics and legality are very important for the BatMine Community. We also share the vision from for example Kevin O’Leary, that tokens have the power to one day replace small cap stocks. The BatMine investment model was developed to legally offer the investor community both profit sharing and tokens, in a way that ensures profit sharing and safety. The Silent Partnership is an existing and globally well-established investment instrument through which we guarantee both the right to profit sharing to investors AND the utility use of tokens as we meant them to be a working and evolving part of our BatMine eco-system.
Our Investment Agreement is fully compliant with EU regulation in its current form. The chosen legal structure was tested against various EU and other legal jurisdictions. Our legal representatives also contacted a European Central Bank to test the key points through Qualified Questions and received fully positive feedback regarding our format of the Silent Partnership. The Whitepaper contains all details including the full text of the response we received from the Czech (EU) National Bank.
Silent Partnership - Reliability in a volatile market
Our project connects the real business world WITH the blockchain. Our BATM Token is an ERC20 token that can be used to exchange for our MaaS services and Custodial services. The second, very important part of our concept, is fully legal profit sharing using an investment instrument called a Silent Partnership.
Every investor will get a Silent Partnership Investment Agreement (SPIA) and based on that his or her share of 30% profit sharing over any and all of the company’s profits. The exact amount of profit-sharing percentage is calculated by dividing the total raised amount by the invested amount per individual Investor. So, as example, if the Hard Cap of 19 million EUR is reached and an investor invests 1.9 million EUR, the Investor receives (19 million / 1.9 million =) 10% of the 30% profit sharing, hence 3% of the total profit of BatMine for a period of 10 years.
BatMine guarantees to share its profits with investors for a set period of time – monthly until March 2029. Tokens can be exchanged for our services any time
SUCH PROFITS INCLUDE, AND ARE NOT LIMITED TO∴ Profits derived over our own mining activities
∴ Profits over MaaS services agreements
∴ Profits over Custodial services agreements
∴ Profits derived over the sale of our miner hardware
An ICO and legal profit sharing? How can this be?
Ethics and legality are very important for the BatMine Community. We also share the vision from for example Kevin O’Leary, that tokens have the power to one day replace small cap stocks. The BatMine investment model was developed to legally offer the investor community both profit sharing and tokens, in a way that ensures profit sharing and safety. The Silent Partnership is an existing and globally well-established investment instrument through which we guarantee both the right to profit sharing to investors AND the utility use of tokens as we meant them to be a working and evolving part of our BatMine eco-system.
Our Investment Agreement is fully compliant with EU regulation in its current form. The chosen legal structure was tested against various EU and other legal jurisdictions. Our legal representatives also contacted a European Central Bank to test the key points through Qualified Questions and received fully positive feedback regarding our format of the Silent Partnership. The Whitepaper contains all details including the full text of the response we received from the Czech (EU) National Bank.
ICO TIMELINE
Q4 2017
Conception of the idea to do an ICO. Market research into ICOs and into legal options of profit sharing with investors. Verification of Silent Partnership Framework with the Czech National Bank.
Q1 2018
Market research, concept brainstorming.
Q2 2018
Project concept formulation, Market research, Gathering information on the newest technology, Profit sharing concept, First ICO Drafts
Q3 2018
ICO preparation, Whitepaper, Investment Agreement, Website etc.
Q4 2018
ICO finalization, preliminary contact with institutional investors.
Q1 2019
ICO execution
Q2 2019
Location for the mine, Electricity connection, Purchase of the needed Equipment, all setup- and preparatory activities, installation of first miners.
Q3 2019
Miners installled and mining. First profit sharing.
For detailed information, please visit the link below:
website : https://batmine.io/
whitepaper : https://batmine.io/download/1/
one page : https://batmine.io/download/2/
writer : Sidhay33
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