Sustainable crypto mining is joining forces with a platform for tradeable contracts using decentralized, open sourced, Ethereum funding.
Meet: MyBit Token Platform AND Alpine Mining
As the internet of things becomes more mainstream, MyBit aims to be the premier platform for investing in them, while smart contracts automatically distributing all the revenues they generate.
Alpine Mining based in Gondo, Switzerland benefit from a politically stable country with 3 hydropower stations providing a clean source of energy and the cool climate reducing costs on cooling systems.
Ian Worrall, CEO of MyBit, said, "There's a lot of excitement around the internet of things and blockchain right now. Globally, the market for IoT devices is projected to grow to $8.9T in 2020. Here at MyBit, we're making buying, selling and monetizing them as easy as using an app. And through our partnership with Alpine mining, we're bringing our tech to the mining community for the first time."
"Alpine are a 100% sustainable mining company. There has been a lot of negative coverage about the power blockchain mining takes. Alpine counters this. With their technology, every single transaction is powered hydroelectricity alone", he added.
With its integration in the MyBit platform users will be able to co-own existing mining operations or customize, crowdfund and host their own. Together, MyBit and Alpine are offering distributed ownership of mining operations for every budget with the ability to scale rapidly. Moving mining away from being expensive and difficult to set up. Into a sustainable and effortless way investors can get exposure in this growing industry.
MyBit is looking to partner with other existing companies in the crypto space as well as help non-blockchain companies bring their internet of things devices to new audiences.
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