When a user requests a transaction to send or receive crypto currency, the transaction will be sent to a set of computers called nodes and then sent to blockchain. The Blockchain Works by sending digital ledgers to be verified by several different computers called miners. These miners essentially verify and record their approval and send it to the next computer. Further verification This cycle continues and new transactions are requested and processed. Miners are hardware that is a graphics processing unit (GPU) or a specific application of integrated circuits (ASIC) running at full capacity 24 hours, 7 days a week, 365 days a year.
There is no break for this hardware. With great pressure and unstoppable processing, the miners are damaged by the ordinary events. And to send them to repair or replace it Means time lost in the mines and reduced profitabilities every second. For our mining, we have our technicians who will be in place in shifts monitoring every miner through the cloud platform. management management This cloud platform works by having continuous data and forwarded to the cloud system where technicians will monitor and if there is a break down or problems.
Viretium is a crypto miner who has gathered for me on a large scale. Because being a large scale crypto mining is very profitable compared with the mining itself. We recognize that we have great opportunities and advantages in crypto mining. because our electricity and operating costs are low.
RX580s are currently marketed around 300 to 380 USD each, nVidia 1070 each around 430 to 450 USD. Do not forget the motherboard, RAM, SSD, CPU, PSU and riser cable. The GPU rig costs about 2,100 USD to 2,300 USD. As for ASICs, Scrypt-based miners are each about 2,145 USD, X11 is at 1,555 USD each and 1,450 USD for SHA-256. However, we can get all this cheaper by using economies of scale.
VISITION VISION
At Veritas Mining Company, we believe converting renewable green energy into cryptocurrency by crypto mining means Crypto mining is very profitable when it is done on a large scale and basically converts electricity into a digital asset. In today's environment, Crypto mining is finished globally. What we offer is an environmentally friendly, sustainable and renewable form of mega crypto mining, in a stable country with an environment without risk of natural disasters.
Cost-effective => We have partnered with a green & renewable energy company to build our mine on site
Environmentally Friendly => We use Solar, Wind & Bio-Gas / Waste energy sources to power our mines and Natural water sources flow to stay cool
profitable => With the cost of operation and optimization of cheap mines, we aim to be the most profitable
Innovative => We are constantly researching and finding ways to develop better software for future integration into blockchain technology
Crypto-mining is a very energy-intensive process. A large amount of electricity is used to generate the computational power required to mine cryptocurrencies. We want to help divert this growing energy need to a green, renewable and sustainable source for crypto proof that will soon be published and thus allow the Proof of Work (PoW) to be more sustainable.
We run our mine using 3 sources of energy:
1. Wind power
The wind power is much feared in the past and used by our ancestors for thousands of years. Now it's our turn to use it and use it. Wind power is abundant, free and environmentally friendly.
Solar energy is easily harvested and can provide more than enough power for our mine. However, again, many experts say that solar power is not as consistent as the Sun does, as does our electricity supply from solar farms. But we have 1 consistent new energy source.
We still have our third energy source in the form of Bio-gas / waste. Bio-gas / waste is a mixture of various gases produced when organic waste is damaged in the absence of oxygen. Can be produced from agricultural waste, food waste, waste, just to name a few. In this case, making bio-gas / waste a consistent, renewable and low-carbon energy source.
We will mine Bitcoin, Ethereal, Dash, Litecoin, Zcash, Monero, Ubiq mainly. With a small portion of our hashing power for some alt coins that appear. We will buy 50% GPU and ASIC 50%. For GPU, it will mix 50/50 RX580s 8gb and nVidia 1070 8gb. For ASICs, 60% will be used for Scrypt algorithm miners, 20% X11 and final 20% for SHA-256.
- Veritium Token General Sale will commence on 24 November 2017, 08:00 UTC
- A 25% bonus will be available for our first phase
- The minimum contribution is 0.25 Ether.
- If you contribute 1 Ether or more, you receive a bonus of 0.5 (Limited to 1000 First Online Participants)
We will hold our Pre-Sale Token from 28 October 2017 00:00 UTC to 16 November 2017 00:00 UTC. After that we will hold an 8-week token sale starting on November 24, 2017 08:00 UTC.
Website: https://www.veritasmining.co
ANN Thread: https://bitcointalk.org/index.php?topic=2309077.0
Facebook: https://www.facebook.com/VeritiumMining
Twitter: https://twitter.com/VeritiumMining
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1296141
Eth: 0x9e5C152D04eF2649de36146aFc97919be8C2E3D9
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