Swiss Alps Mining & Energy is a Swiss startup company in the area of crypto mining and energy, located in Huenenberg, Canton of Zug. Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business. SAE strives to enable environmentally friendly mining of crypto currencies in the Swiss alps. SAE plans to start operating crypto mining farms in the Swiss alps in 2018 — a pioneering project.
These farms are situated in buildings no longer used by local farmers. SAE will at the same time operate small hydropower plants to produce the electricity needed for crypto mining
SAE concept
Out of its unique position as an experienced Swiss provider of blockchain technology and hyperledger-based business applications, Swiss Alps Mining & Energy strives to:
• promote blockchain technology and its uses to a broader public
• provide clients/third parties the decentralized infrastructure to develeop their own blockchain-based projects
• address environmental issues associated with crypto mining worldwide
• support the local economy in Swiss alpine areas and facilitate the digital transformation in these areas
• be an electricity supplier using the distributed ledger technology
SAE future
Swiss Alps Energy AG provides the foundation for many future-oriented applications: financial asset custody and transfer, product tracking through blockchain and IoT in logistics and transportation, electronic records in healthcare, and identity management to simplify the KYC process for any conceivable industry are just some examples of how distributed ledger technology can be used. In addition, SAE has developed a sustainable concept to address the disintegration of cultural assets in Alpine areas, while at the same time supporting their economy and digital transformation.
SAM Cubes
The flexible and modular mining cubes provide cutting-edge automation and require little maintenance. The cubes are self-contained and operate autonomously. For extensive maintenance and monitoring. SAM Cube is a modular, fast-mountable cube consisting of an aluminum case and a ventilation system adapted to its use. The first two models are a 4x2x2 meter cube (SAM Unit 1) and an 8x2x2 meter cube (SAM Unit 2). Thanks to an annual average temperature of below 15 degrees Celsius in the Swiss mountains, the SAM Cube does not need air conditioning systems.
Swiss Alps Energy AG strives to raise the capital necessary to set up the corporate structure with an Initial Coin Offering (ICO). It is important to create an operating company that is profitable very quickly. Companies and individual persons are target customers for the mining capacities. They may either rent computing power or buy a cube for their own use.
The main source of income will be the leasing of the infrastructure for mining and server facilities. It is possible to rent Asic power for the mining process from SAM Cubes (payment with SAM tokens) or to rent the capacity of an entire cube. For the capacity of 14 TH, SAE charges a fixed fee of $4000 for 2 years and a service fee (operation and electricity costs) of 10% of the mining revenues, which are minted directly into the tenant’s wallet. As mentioned, SAM Unit 1 has 50 Asic miners with a total capacity of 700 TH and SAM Unit 2 has 100 Asic miners with a total capacity of more than 1400 TH. The total number of Asic miners will be determined by the funds raised at the ICO.
Website :https://swissalpsmining.io/
Whitepaper :https://swissalpsmining.io/pdf/whitepaper.pdf
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