INMINING

Crypto mining industry

Inmining is an innovative mining company that solves major obstacles to the development of the world’s mining industry. Convenient location, an extensive network of partners and a team of qualified specialists, this will lead the project to success.

You will get access to the latest mining technology from the world’s leading producers.

INMINING will build Russia’s largest data center in the Alabuga Special Economic Zone (Tatarstan, Russia) with a capacity of up to 10 MW.

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.

MINING BITCOIN

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.

Recent issues

The latest issue in Bitcoin mining

Strict rules

Authorities from many countries are considering a full ban on mining for both companies and individuals. In particular, mining will soon be banned in China, which holds more than half of the world’s mining hashrate.

Lack of infrastructure

Mining companies need separate and secure areas; 24/7 access; professional technical support; and much more.

High energy costs

Some jurisdictions can offer affordable electricity and the measurable access needed to build a successful mining operation.

Excessive taxation

Tax often takes up most of the profits.

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.

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 containerized 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

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.

Initial token offer – the main facts

1. Ticker:  INMG
2. Standard: ERC20
3. Decimal: 18
4. Total emissions: 150,000,000   INMG
5. Minimum purchase amount: $ 100
6. Payment method when buying on the exchange: BTC

Token Allocation:

1. 75% – token sales
2. Team – 15% of all tokens sold but not more than 15% of total emissions
3. Prize campaign – 8% of all tokens sold but no more than 5% of total emissions

Budget allocation:

1. 85% – Mining, installing and installing hardware, land rent, infrastructure
2. 13% – Overhead, including marketing
3. 2% – Other fees (including legal fees)

Roadmap

• Q1 2019:Begin preparations for data center construction; team formation; negotiations with representatives of the Alabuga Special Economic Zone.

• Q2 2019:Mine choice of hardware manufacturers, formation of marketing partnerships, work on white papers and tokenomics, white papers audited.

• Q3 2019:Marketing campaign, launch of the prize campaign, starting from a closed presale.

• Q4 2019:Main public round, token distribution, register at the first crypto exchange, start data center construction, purchase of mining hardware, team expansion.

• Q1 2020:Payment and shipping of AC BlockBox, installation and setup, data center launch, work on interfaces for lottery and polling.

• Q2 2020:First income, listing on five other crypto exchanges, lottery testing and selection procedures.

• Q3 2020:Lottery and first poll.

• Q4 2020:The first buyback-and-burn round.

• Q1 2021:Purchase and launch of other mining modules.

Tim Inmining  

Important information and disclaimers

The aim of the  current official report  is to bring   INMINING   – an innovative industrial-scale Bitcoin mining project – to potential buyers who wish to enter the INMINING community   in connection with the proposed token offer. The information contained in the white paper has the sole purpose of providing prospective buyers with detailed and relevant   information   so that they can decide whether they should carry out further analysis of the project and perhaps obtain their tokens.

For more information, click the link below:

• 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=2647348