So I have bumped into this token called BitMine, with symbol BITM and here are some of the most interesting facts about this token.
- BITM is said to be backed by real value and the value is centered around Bitcoin Mining.
- The BitMine team has setup a Solar farm to power Bitcoin mining rigs
- The Solar Farm is said to be setup on more than 100 acres of farm land.
- MITM holders will be rewarded with Bitcoin for holding the tokens for a period of 30 days.
Well if the team sticks to plan I see this token gaining momentum in near months to come as the value is backed by Bitcoin through mining using rigs.
Why Solar Farm.
Most Bitcoin miners utilize more electricity power and this will become costly and part of Bitcoin mined using conventional electricity will be channeled to pay the bills and this means less income.
Solar Farm setup is a once off thing and ongoing maintenance will not reap off hence all proceeds from Bitcoin mining will be split amongst BITM holders.
This is not one of those pump and dumps coins as the value backed. ICO is still underway ending on the 30th of April 2018. Below are some of the links to the project;
Web: http://www.bitmineinvest.io
Twitter: https://twitter.com/BITMToken
Facebook: https://fb.me/bitmine.bitm
Telegram: https://t.me/joinchat/AAAAAEizXIGlRYPPQ4pXxg
1 BITM = $ 0.13 ::: [4000 BITM = 1 ETH]