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. Bitminer Factory has launched their ICO — Initial Contract Offering on Saturday, the 21st of July and will last till 30th of September unless it reaches the hard cap sooner. BMF tokens, mining contracts that allow holders to use the Mining Operations and Services developed by Bitminer Factory, are on sale at Bitminerfactory.io with a 12% discount to the nominal price of 1USD per BMF.
The founders of the company have 50 years of experience in construction, oil and gas and renewable energy and Bitminer Factory already have 1000 machines for mining cryptocurrencies, with operations in three countries, and more than €3 million euros in revenue generated. It is the largest industrial cryptocurrency mining operation in Italy. Bitminer Factory’s Bosnian operations will be placed with a local partner in the country which already has yearly revenue of over €300 million euros.
Bitminer sustainable solution is based on 4 key pillars:
- Committed usage of clean energy
- Reuse of otherwise-wasted energy
- Flexibility through mobile mining units
- Diversification through Renewable Energy asset ownership
BMF tokens will give holders access to:
Low Operating Risk, reduced by a highly experienced Team with over 1,000MW of renewable energy projects and 1,000 miners up and running
High Liquidity, holders can easily trade or sell back to Bitminer Factory via a BuyBack Plan their tokenized Mining Contracts, BMF
Low Financial Risks, arising from larger scale Mining Operations, reduced volatility and mitigation effect through self-generated clean electricity produced by renewable energy projects.
The Technology Behind the Project
Bitminer Factory is developing commercial mining solutions employing GPUs and ASICs in large-scale projects including “gigapod” housing of up to 5,000 mining units or containerized mobile mining units (MMUs) with up to 300 mining units.
“We are developing Alternative Mining Solutions (AMS) as well, based on FPGA. We are developing dedicated electrical infrastructure to operate the mining equipment along with renewable energy projects.”
Bitminer Factory are experienced EPC contractors. As part of the Angeli group we provide Engineering, Procurement and Construction services to ourClients all over the world. We have been selling Crypto-Mining Solutions, i.e. Mining Farms, to large industrial clients in Italy as well. We recently passed a Preliminary Acceptance Certificate on the 5th of July for the delivery of a 300kW Mining Farm to a Client with $1bn yearly revenue in Puglia, South of Italy. The farm includes 80% GPUs and 20% Asic and is the first step towards a larger development encompassing up to 5,000 mining units. Our Client is one of the largest operators of biomass energy projects in Italy, which makes us very happy as it perfectly matches our committment to a sustainable Blockchain.
Team of Bitminer factory
Summary of Bitminer Factory (BMF)
The token (BMF) is an ERC-20 token based on the ethereum Blockchain. Up to 100 Million BMF is planned to be sold during the ICO which would come with a 20% bonus on each purchase from May 25, 2018 to June 20, 2018. The bonuses will reduce relatively as the ICO stages progress until the Hard-cap Reached. Accepted payment methods include = BTC, ETH, and EURO.
Type: ICO
Category: Energy
Verified team: No
Whitelist of investors: Yes
KYC of investors: Yes
Goal of funding (Soft cap): 500.000 USD
Goal of funding (Hard cap): 100.000.000 USD
Tokens for sale: 100.000.000 BMF
Token price: 1 BMF = 1 USD
Airdrop program: No
Bounty program: Yes
Have escrow agent: No
Have working prototype: No
White paper: Open
Currencies: BTC, ETH
Platform: Ethereum
Website: https://www.bitminerfactoryico.io
Project Roadmap
The ICO will end on September 30th, 2018, after which the BMF token will listed on exchanges and proceeds from the ICO will be invested in mining operations set to be up and running by the end of 2018. During 2019 “alternative mining solutions” and “optimal mining services” will be developed, and further token sale campaigns will be initiated.
For more information, please click the link below :
Website : https://bitminerfactoryico.io/en/
Whitepaper : https://bitminerfactoryico.io/doc/BM_Whitepaper_EN.pdf
Telegram : https://t.me/bitminerfactoryico
FAQ : https://bitminerfactoryico.io/en/bitminer-factory-ico-faq
Buy BMF : https://bitminerfactoryico.io/en/login
Mining Farm : https://bitminerfactoryico.io/en/bitminer-factory-mining-farm
Twitter : https://twitter.com/bitminerfactory
Facebook : https://www.facebook.com/Bitminerfactory/