INMINING

 Innovative Solutions in Bitcoin Mining

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 its 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 down.

INMINING will solve all the problems listed above thanks to its unique location and chosen technological solution. Very low electricity prices in the Alabuga SEZ (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’s container mining solutions will ensure maximum capacity and mining efficiency on an industrial scale.

This project will create distributed value among the token holders thanks to an innovative lottery model that will allocate part of the mining profits between 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.

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.

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

This project provides effective solutions to all major problems that interfere with the large mining business.

Alabuga Special Economic Zone is one of Europe’s top locations for launching large industrial projects. Thanks to the special train terminal, equipment can be sent directly to the location. Data center security will be guaranteed by fenced areas, professional security personnel, and internal firefighters.

Affordable energy

This site provides a total of 350 MW of power (of which 30% is not currently used) and a free service that connects production to electricity.

Tax exemption

INMINING will be exempt from land, property and transportation taxes for 10 years. In addition, the Alabuga Special Economic Zone region is considered a free customs area.

The advantage

INMINING has the following advantages over competitors of this type:

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.

Benefits of  containerized mining solutions  :

1. Minimal fee
2. Fast delivery to site
3. Quick setup and launch
4. Function without interference even in difficult conditions
5. Protection from rain, snow and bad weather
6. Mobility
7. Ease of use
8. Remote monitoring and management
9. Company class quality
10. Easy upgrade
11. Environmentally friendly
12. Simple design

Sales are not contracts but tokens, assets that have 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 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.

Possibility to join anytime

Token INMINING 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.

Transparent process

INMINING data center will be built in the coming months, and its location in KEC Alabuga is well known. This distinguishes the project from cloud mining providers, who often do not have their own mining equipment.

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. Re-investment in new mining hardware – 50% of profits
3. Buy INMG by burning further – 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.

What is INMG Token?

ERC-20 is a stock and investment tool that is designed based on the platform. You will be able to trade through the stock exchange shortly after the sale is complete. You can use the link below to get more detailed information about the project. If you want to contact me, if you want to send me your ideas, you can contact me via the link below.

Token
Ticker: INMG

Standard: ERC20

Decimal: 18

Total emissions: 150,000,000 INMG

Minimum purchase amount: $ 100

Payment method when buying on the exchange: BTC

Token Allocation

75% – token sales

Team – 15% of all tokens sold but not more than 15% of total emissions

Prize campaign – 8% of all tokens sold but no more than 5% of total emissions

Budget allocation

85% – Mining, installing and installing hardware, land rent, infrastructure

13% – Overhead, including marketing

2% – Other fees (including legal fees)

Road map for
January 2019

Start from the initial planning

for the development of a data center

March 2019

Site selection and negotiation

with representatives

KEK Chair

April 2019

Market research and selection

hardware provider

March 2019

Formation

token sales team

Mei – Juni 2019

Preparations for the sale of tokens

July – September 2019

Launch of ad campaigns and

the first stage of token sales

September – November 2019

The main stage of selling tokens

November 2019

Completion of token sale

and token distribution

December 2019

List of Tokens on the crypto exchange,

starting from data center construction work

February 2020

Launch of data center

Tim
Marat Akhmadullin: CEO / serial entrepreneur

Kirill Rechich: CTO

Stanislav Medyulyanov: Founder & serial entrepreneur

Sergey Fadeev: Founder & owner of a construction company

Alexey Nasybullin: IR

Maxim Neretin: Marketing managerFor more information:https://inmining.io/files/white_paper_english.pdfhttps://inmining.io/en/https://twitter.com/inmining_iohttps://www.facebook.com/inmining.io/https://t.me/inmining_enhttps://www.reddit.com/user/INMININGlink: : https://bitcointalk.org/index.php?action=profile;u=2647354