Hello!
Dear investors! The second day of spring and the second day of our Post-ICO is the best time to make a February round-up.
If you didn’t follow the news on our Telegram channel or didn’t check newsletters, we would like to quickly go over the main points:
We have completed the ICO stage of our project. During our token sale we were backed by over 1100 investors with the total raised amount of $1,290,566.
On February 26, we transferred all 140 ASIC miners to our own pool. As a result of overclocking the existing ASICs and replacing the defective ones we expect a 10-12% increase in revenue.
Some ASICs have started working at full capacity. Currenty different workload levels are being tested to determine optimal conditions and optimal parameters for additional overclocking. Soon the rest of ASICs will reach full capacity.
- We have taken part in the biggest conferences to present the TerraMiner project. You can watch the reports on our YouTube channel. We have visited St.Petersburg, Moscow, Minsk; next on the list are Zurich, London and Seoul.
- Our pool works on the Scrypt algorithm. The system picks the most profitable coin at any given time according to the current network parameters and cryptocurrency rates. The mined cryptocurrency is transferred to an exchange and swapped for Ethereum to be immediately distributed to token holders wallets, automatically (through a smart contact). Payouts will be made every day.
It will also allow us to increase the level of security as the company won’t be keeping the funds on its own accounts, but immediately transfer it to investors. In this scenario, even if hackers get inside a TerraMiner wallet, they will not get access to investors’ money.