INMINING

innovative projects that provide a unique opportunity to take part in cryptocurrency mining.

Good morning viewers friends who are active in cryptocurrency mining. This project will create value that is distributed among token holders thanks to an innovative lottery model that will allocate a portion of the mining profits among users. Another part of the profits will be reinvested in new mining equipment to compensate for the possible decrease in the level of profit margins in the future. But another part of the profits will be allocated to buy back INMG tokens on the open market and then burn them to maintain the long-term stability of the tokens.

INMINING   will allow all interested users to participate in industrial-scale Bitcoin mining without having to buy expensive equipment or join a mining group. The project will be centered around Russia’s largest data center, which will be built in the Alabuga Special Economic Zone. As a resident of SEZ,   INMINING   will enjoy significant benefits, which will provide a serious competitive advantage and maximize the benefits of mining.

Although the growth of the Bitcoin market has returned in Q2 2019 after a long decline, the mining company Bitcoin still faces several challenges. Rising energy prices, lack of technical competence, low profit margins, high taxes, increased pressure from the authorities, lack of locations with the necessary infrastructure – these problems all cause many mining companies to fail and close.

INMINING   will solve all the problems listed above thanks to its unique location and chosen technological solution. Very low electricity prices in the Alabuga KEK (only $ 0.025 per kWh), together with sufficient tax and customs benefits, will enable the project to maximize its profits.

At the same time, BitFury container mining solutions will ensure maximum capacity and mining efficiency on an industrial scale.

Bitcoin mining:

The dynamics and trends of 2019 mark the 10th anniversary of Bitcoin. More than a decade, prices have grown by a factor of 2 million. Market capitalization increased 20 times compared to 2013. Bitcoin is traded on more than 400 exchanges, along with 1500 altcoins and tokens.

Here are the main benefits of using AC BlockBox equipment:

1. High efficiency. The BlockBox AC cellular data center consists of 176 air-cooled servers;

2. Innovation and scalability. BlockBox AC is one of the most powerful and low-cost solutions currently on the Bitcoin mining market;

3. Mobility. BlockBox AC is a container type cellular data center that can be placed in convenient geographical points;

4. Stability and reliability. BlockBox AC provides round-the-clock monitoring and professional technical support which in turn guarantees high system performance and quick solutions to any problem;

5. Remote performance monitoring. BlockBox AC owners can remotely monitor equipment status using a normal browser or mobile application;

6. Editing Edge technology. The BlockBox AC cellular data center has the ability to update simply by replacing the necessary components.

Current challenges in the mining industry

Although the hashrate network grew, many mining projects were eventually closed. The main reasons behind failure are low profitability and actions by authorities.

The following challenges can be identified:

1. Expensive electricity.
2. Low or negative profitability.
3. Tax.
4. Legal restrictions applicable to crypto mining.
5. Infrastructure Requirements.

INMINING  Solution 

INMINING   uses an innovative approach that will solve all the problems outlined above. Data centers will be built in the Alabuga Special Economic Zone in southern Russia.

Finding the location of a Bitcoin farm in the SEZ will ensure maximum profit not only for the project organizer but also for all token holders:

1. Cheap electricity.
2. Tax benefits.
3. Customs benefits.
4. Infrastructure.
5. Security.

INMINING   has the following advantages over competitors of this type:

1. Lower electricity costs:
   Although cloud mining agriculture is usually located in countries where energy is relatively cheap (for example, China, Iceland, Sweden, Georgia), they still cannot compete with   INMINING for   only $ 0.025 per kWh.
2. Sales are not contracts but tokens, assets of their own value:
   Cloud mining customers must first pay a fixed contract price (from $ 0.5 for 10 GH / s) and then daily management fees without receiving any assets in return. INMINING members   , by contrast, will not only get the right to take part in the lottery and win some Bitcoin mined by the project, but they will also receive tokens that they can dispose of freely.
3. Possibility to join at any time:
   INMINING   tokens will be freely available not only during tokensale but also afterwards, on cryptocurrency exchanges. Likewise, anyone who wants to become an INMINING  member    can do it anytime. Cloud mining providers regularly stop selling Bitcoin contracts when they don’t have free mining equipment available.
4. Transparent process:
   INMINING  a   data center will be built in the next few months, and its location in KEC Alabuga is known. This distinguishes the project from cloud mining providers, who often do not have their own mining equipment.

INMINING  a business model

The main feature of the INMINING business model   is the innovative profit distribution mechanism. All Bitcoin mined and revenue from sales will be allocated as follows:

1. Electricity costs and other overhead costs
2. Reinvestment in new mining hardware – 50% of profits
3. Purchase  INMG  by further burning – 15% of profit
4. Lottery among token holders – 35% of profit.

Every month,  INMINING  will buy back a small portion of  INMG  on the crypto exchange and burn it.

This procedure will have several positive effects:

1. Maintaining long-term token stability
2. Increase liquidity and trading volume
3. Motivate INMG holders   to maintain their tokens, which will add stability.

Mining Operations

The INMINING data center will use hardware such as BlockBox AC from Bitfury. This will allow easy scaling with a minimum step of 1.2 MW, minimization of capital investment, and quick launch and regulation.

Top-level productivity

The BlockBox AC cellular data center consists of 176 air-cooled servers with a total hashrate of 14 PH / s.

Innovation & scalability

BlockBox AC is one of the most powerful yet inexpensive solutions available in the global Bitcoin mining market.

Mobility

AC BlockBox data center is a comprehensive and packaging solution that can be positioned in any geographic location.

Reliability

24-hour monitoring and technical support provided for BlockBox AC guarantees maximum productivity and fast problem resolution.

Remote performance monitoring

BlockBox AC owners can remotely monitor hardware using a browser interface or a mobile application.

Next generation technology

BlockBox AC data centers can be easily upgraded by replacing only the necessary components.

Benefits of Container Mining Solutions:

• Minimal fee
• Fast delivery to site
• Quick setup and launch
• Function without interference even in difficult conditions
• Protection from rain, snow and bad weather
• Mobility
• Ease of use
• Remote monitoring and management
• Company class quality
• Easy upgrade
• Environmentally friendly
• Simple design

Roadmap

January 2019Starting from the initial planning for the construction of data centersMarch  2019Site selection and negotiation with Alabuga SEZ representativesApril 2019Market research and hardware provider selectionMarch 2019Formation of token sales teamMei – Juni 2019Preparations for the sale of tokensJuly – September 2019Launch of the advertising campaign and the first phase of token salesSeptember – November 2019The main stage of selling tokensNovember 2019Completion of the sale of tokens and distribution of tokensDecember 2019List of tokens in crypto exchange, starting from data center construction workFebruary 2020Launch of data center

Our team

• Marat Akhmadullin
  CEO / serial entrepreneur
  Marat has extensive experience in his field and exceptional decision-making skills

• Kirill Rechich
  CTO
  Kirill is a strong technical professional who focuses on developing himself and his team

• Stanislav Medyulyanov Series
  founder & entrepreneur
  Stanislav is a thought leader and expert in restructuring business processes

• Sergey Fadeev
  Founder & owner of the construction company
  Sergey has managed to run a construction business for more than 20 years

• Alexey Nasybullin
  IR
  Alexey is responsible for the development of investor relations (IR)

• Maxim Neretin Maxim’s
  marketing manager
  is a specialist in the design and implementation of marketing strategies and advertising campaigns

THE RIGHT INFORMATION

• Website:  https://inmining.io/en/
• Whitepaper: https://inmining.io/files/white_paper_english.pdf
• Telegram: https://t.me/inmining_en
• Facebook: https://www.facebook.com/inmining.io/
• Twitter: https://twitter.com/inmining_io
• Reddit: https://www.reddit.com/user/INMINING
• Link:https://bitcointalk.org/index.php?action=profile;u=2652110