Las Vegas, NV, April 10, 2021 (GLOBE NEWSWIRE) – iM Intelligent Mining (iM) officially announced the start of its solar-powered blockchain mining. Given mounting concerns about the massive power consumption on the blockchain, iM found the best solution for the hour. The aim is to completely change the blockchain mining model by building autonomous, solar-powered mining rigs built in the desert and owned by a decentralized network of iM token holders. Short-term goals of iM are the construction of the first mining farm and the construction of a dapps.
iM Intelligent Mining provides an elegant solution to the problems of global power consumption, environmental damage, centralized block mining operations (51% attacks), blockchain scaling and high barriers to entry for individuals and developing countries. Founder and CEO Daniel Elimelech said:
“… anyone can be a part of it, literally anyone who has access to the Internet. Instead of having the machine at home with all the dust, heat, and cables, just hold the token in your hand and it’s like owning your own mine farm. “
iM Intelligent Mining offers an investment structure that starts with the generation of solar energy.
Token holders retain some of the ownership of autonomous mining operations. Their present value does not depend on the cryptocurrency, but the future potential value can increase accordingly. Every bitcoin mined is used to buy from the iM token pool to increase its value and demand.
The mountain farm has implemented environmentally friendly practices that not only reduce the impact but also improve profits. For example, the cooling systems allow the rigs to operate indefinitely at a higher speed, which is 1.5 times standard sales. Combined with discounts on mining equipment and energy finance partnerships, this results in four times the return on retail.
Excess heat is stored and released overnight in order to continue to supply the systems with electricity in the dark. 9% of the generated profits flow into the operation of the community, for example into the maintenance of the equipment and the financing of the security details around the clock on site. 30% of the profits are to be reinvested, 60% are distributed to the community and 1% goes to the non-profit iM, which is dedicated to the further development of the efficiency of hardware, software and infrastructure.
MSNBC denounced Bitcoin and NFT as fads destroying the planet. The global rollout of green energy will eventually bring free electricity to the blockchain activity and allow all people to participate in the generation of energy. The democratization and distribution of ownership of these foundations of our society is crucial for the lasting improvement of the socio-economic soil for all of humanity.
About iM Intelligent Mining
iM Intelligent Mining is a decentralized blockchain mining operation that uses autonomous, solar powered mining rigs to power the blockchain with free electricity. iM token holders enjoy the benefits of owning both a solar panel farm and mining equipment without the complications of building them yourself. Advanced cooling technology, bulk equipment purchases, and streamlined operations maximize profit and generate revenue from equipment maintenance and reinvestment in growth.
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Updated: April 5, 2021
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iM Intelligent Mining now works with solar-powered blockchain