INMINING

INNOVATIVE MINING COMPANY

ABOUT

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

Even though the growth of the Bitcoin market has resumed in Q2 2019 after a long downturn, Bitcoin mining companies still face some challenges. Rising energy prices, the lack of technical competences, low profit margins, high taxes, increasing pressure from authorities, the lack of locations with the necessary infrastructure – these problems all cause many mining companies to fail and close down.

INMINING will solve all the issues listed above thanks to its unique location and chosen technological solution. The extremely low electricity price at the SEZ Alabuga (only $0.025 per kWh), together with ample tax and customs benefits, will allow the project to maximize its profits. At the same time, the containerized mining solution by BitFury will ensure maximum capacity and efficiency of mining on an industrial scale.

The project will create distributed value among its token holders thanks to an innovative lottery model that will allocate a share of the mining profits among users. Another part of the profits will be reinvested into new mining equipment to compensate for a possible reduction in the profit margin rate in the future. Yet another share of the profit will be allocated to buying back INMG tokens in the open market and then burning them to maintain the long-term stability of the token.

BITCOIN MINING

The dynamics and trends of 2019 mark the 10th anniversary of Bitcoin. Over a decade, the price grew 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 altcoin and tokens.

Current challenges in the mining industry

Although the hashrate network is growing, many mining projects have finally 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 that apply to crypto mining.
5. Infrastructure Requirements.

INMINING SOLUTION

The project provides an effective solution to all the key issues plaguing large mining businesses.

The Alabuga Special Economic Zone is one of Europe’s top locations for launching large industrial projects. Thanks to its dedicated railway terminal, equipment can be delivered directly to the site. The data center’s security will be guaranteed by the fenced-off territory, professional security personnel, and in-house fire brigade.

Affordable energy

The site provides a total of 350 MW of power (of which 30% is currently unused) and a free-of-charge service connecting the production to the electricity mains.

Tax exemptions

INMINING will be exempt from land, property, and transport taxes for 10 years. Furthermore, the territory of the Alabuga Special Economic Zone is considered a free customs area.

ADVANTAGES

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 at only $ 0.025 per kWh.

Selling is not a contract but a token, an asset that has its 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. INMININGmembers , 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.

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 INMININGmember 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 next few months, and its location in the KEC Alabuga is 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. 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.

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 no more than 15% of total emissions

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

Budget allocation

85% – Mining, installation and installation hardware, land leases, infrastructure

13% – Overheads, including marketing

2% – Other costs (including legal fees)

ROADMAP

January 2019

Start of preliminary planning

for the data center construction

March 2019

Site selection and negotiations

with the representatives

of the Alabuga SEZ

April 2019

Market research and selection

of the hardware provider

March 2019

Formation of the

token sale team

May–June 2019

Preparation for the token sale

July–September 2019

Launch of the advertising campaign and

the first stage of the token sale

September–November 2019

Main stage of the token sale

November 2019

Completion of the token sale

and token distribution

December 2019

Token listing at crypto exchanges,

start of the data center construction work

February 2020

Launch of the data center

TEAM

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 manager

FOR MORE INFORMATION CLICK LINK BELLOW:

• 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

Author: Batu permata

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1875984