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After collecting over $1M during the private sale, the main stage of the Bitminer Factory ICO will commence on July 21, 2018, with a 12% discount that will apply for a limited time only.

An Italy-based startup, Bitminer Factory strives to make cryptocurrency mining sustainable and eco-friendly by using renewable energy and sharing the benefits with token holders. Cryptocurrency investors, traders, and miners get rewards from constant demand for electricity to power crypto mining activities.

Bitminer Factory ICO milestones and key facts:

Presale

  • Runs from July 1, 2018, until July 20, 2018
  • Discount amounts to 18%
  • Lockup period is three months
  • Token price is $1.00
  • Private sale exceeds expectations, $1.1 million sold - See the full report

ICO

  • Starts on July 21, 2018, and finishes on September 30, 2018
  • Discount tier 1 - 12%, valid through August 20, 2018
  • Discount tier 2 - 6% valid through September 20, 2018

Key facts

  • Tokens available for sale – 100 million
  • Soft cap is $0.5 million
  • Hard cap is $100 million

The amount of energy used for cryptocurrency mining has increased fivefold in less than a year, and the trend is set to continue. However, Bitminer Factory investors have an opportunity to become parts and beneficiaries of a transformational process that will trigger a major shift from a fossil-based to zero-carbon process.

Gabriele Angeli, the founder of Bitminer Factory, comments:

“Our tokens represent a mining contract that allows anyone to benefit from the production of our mining and renewable energy plants. We’re so confident we’ll succeed, we’re offering a Buy-Back plan for our tokens every three months where investors can sell back their tokens at an increasingly higher price.”

Bitminer is part of Angeli’s group of companies. It is the largest industrial crypto mining enterprise in Italy, with more than 20 partners and revenues exceeding 3 million euro. Gabriele Angeli has extensive experience in oil & gas and renewable energy - industries in which his family business has been operating for over 50 years.

Gabriele Stampa, co-founder of the startup, is regarded as a guru in the fields of web projects and web marketing, while other team members bring expertise in areas such as venture capital, e-business, finance, high tech, IoT, and web development.

This collective of specialists has managed to build Bitminer Factory into the largest Italian crypto mining operator. The venture has been in business for 18 months, selling and operating miners for private and institutional customers.

“We decided to go to the next step and allow everyone to participate in our project by purchasing tokens. We want to make the Blockchain sustainable by using renewable energy to mine cryptocurrencies and share the benefits with our token holders,” Gabriele added.

Visit the official website of the project to learn more or subscribe to its Telegram channel to receive the latest news.

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.