To set up a UK based Crypto Mining Facility, for a reward on investment.
After running a small facility in my home over the past 6 months to prove the profitability and viability of the concept, we are now in the position to turn a garage project into a serious business.
The business works as such.
We provide a crypto mining facility to various mining pools over the world using specialised mining equipment to process digital transactions.
We are rewarded for our contribution to the mining pool in terms of our mining power against the total pool power available.
This is rewarded in bitcoin, namecoin and ether currencies at present and then we trade this for GBP or Euros.
All crypto currency has seen a huge increase in value over the past few years and this trend continues to rise.
As the currency rises, our reward is work more and so is the equipment we use to mine it.
Our only costs are for the initial equipment purchase and the electricity to run this equipment.
We have found a suitable premises for a good size operation with good cooling, security and power available.
Our newest equipment will pay for itself in under 12 months, giving a massive potential return on investment.
Our aim now is to raise as much capital as possible to purchase more mining equipment and continue this project to a much larger scale.
This project closed unsuccessfully on 6th April 2017