Photo - Mining
45230

Mining

Cryptocurrency mining and more

Estonia
Market: Internet and IT, Computers, office equipment, Robotics, Blockchain, Virtual and Augmented Reality
Stage of the project: Prototype or product is ready

Date of last change: 26.02.2020
Min investment
$  100.000
Show contacts
Total required
$ 1.000.000
Rating
equalizer из 1000
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Idea

Hello dear Investors, an investment of $ 100,000 or more is required to purchase Asics miners, but I plan to do more than just cryptocurrency mining. In more detail, I will tell the investor who is interested in my idea.

Current Status

My project is just an idea

Problem or Opportunity

What is the essence of such an Asics miner.? The data miner heats the water, and this hot water can be sold to enterprises or private customers, but we still use water to cool the Asics miner, and hot water can be sold to consumers. Well, for example, there are private sectors (private houses), and not even private houses, let's take a 9-storey apartment building with three entrances, 108 apartments are located in three entrances, each apartment consumes somewhere 7 cubic meters of hot water, 7 cubic meters * by 108 = 756 cubic meters per month. Profit calculation. One Asics miner heats 25.2 cubic meters of water per day at a temperature of 55 degrees. Residents of a 9-storey building (108 apartments) use 756 cubic meters of hot water; in our country, a utility company sells hot water to consumers at 4.47 euros per 1 cube, we can sell to consumers 3 euros per 1 cubic meter of hot water.

Solution (product or service)

Water heating and cryptocurrency mining

Competitors

No competitors

Advantages or differentiators

You can copy any business, that's why I would like to do this type of business first.

Finance

Calculation of profit One Asics miner heats 25.2 cubic meters of water per day at a temperature of 55 degrees. Residents of a 9-storey building (108 apartments) use 756 cubic meters of hot water, in Estonia a utility company sells hot water to consumers at 4.47 euros per 1 cubic meter, but we We can sell to consumers at 3 euros per 1 cubic meter of hot water. Our profit will be 2268 euros for 756 cubic meters of water, of this amount minus payment to the central water supply of 1 € .50 cents for 1 cubic meter of water 756 * 1.5 = 1134, net profit of 1134 euros from the sale of hot water. Or you can offer the utility a water heating service, the utility cost 2 euros for heating 1 cubic meter of water, but we will offer them a price of 1 € .50 cents for 1 cubic meter of heated water, it will still be beneficial for us because it will cost less to pay electricity, which means cryptocurrency mining, it will cost us very cheaply.

Money will be spent on

Investments are required to buy Asics miners, to mine cryptocurrency and use Asics miners to heat water, and sell hot water to utilities and private customers.

Offer for investor

Monthly interest payment for an investor investing in my project, or a share in the company.

Team or Management

Photos

Photo 1 - Cryptocurrency mining and more
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
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Incubation/Acceleration programs accomplishment
Won the competition and other awards
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