SWISS ALPS MINING - The Smart Mining Company

khoanguyen79 (26)in #ico • 6 years ago

PRELIMINARY

As the challenge of Blockchain scalability continues to handicap cryptocurrencies ascension to mainstream adoption, an industry wide arms race has been launched to produce a distributed ledger capable of achieving faster transaction speeds without compromising security or decentralization. Although solutions like the Lightening Network, Raiden and Plasma currently lead the way, they still haven’t been proven to be the definitive solution for achieving true scalability.
The blockchain community worldwide faces strong headwinds due to the very energy-intensive mining process of crypto currencies and blockchain-based business applications. At the same time, in the Swiss alps, thousands of unused structures are disintegrating due to the fact that today’s spatial planning law does not allow for residential use of these buildings.
They are connecting the world of blockchain with the Swiss mountains. They offer environmentally friendly mining in unused buildings in the Swiss alps, reducing power consumption by up to 50% thanks to natural climate conditions and an ORC power recovery system.
Swiss Alps Mining & Energy connects these two worlds by offering environmentally friendly mining facilities in unused buildings in the Swiss alps, powered by renewable energy only.
Swiss Alps Energy AG will hold an Initial Coin Offering (ICO) in early 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants. The SAM token, Sam, is an ERC20 token. It can be used as means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.

INTRODUCING SWISS ALPS MINING

Swiss Alps Mining & Energy offers mining facilities in unused buildings in the Swiss alps, powered by renewable energy.Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for long- term stationary use. Thereby, SAE preserves the aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.
Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts. The team has successfully developed and launched several products, solutions and applications based on the blockchain technology. The company is currently going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).
SAE will rent out entire cubes or individual mining capacities from the SAM Cubes. SAE will also give competitors and/or individual persons the possibility to rent mining facilities, and the power needed can be paid in SAM tokens.
Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for longterm stationary use. Thereby, SAE preserves the
aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.

HOW IT WORKS
SAM Cubes

The flexible and modular mining cubes provide cutting-edge automation and require little maintenance. In addition to highly efficient ventilation units, an Organic Rankine Cycle (ORC) system is in the project phase. ORC systems use the waste heat of industrial processes (through a downstream steam power process) to generate electricity and thus use the waste heat generated by the mining process to recover energy. SAM Cubes are located at a high altitude and a therefore lowered boiling point of water, which facilitates this process.
The cubes are self-contained and operate autonomously. For extensive maintenance and monitoring, each cube communicates with the central management platform that monitors the cubes and assigns to each cube the optimal parameter to maximize mining for maximum profit.
SAM Power Plants
By means of direct participation in or the purchase of green power plants such as hydropower plants, photovoltaic systems and wind power plants, SAE does not buy but produce the sustainable and cost-efficient power to operate the SAM Cubes. These power-generating units are the so-called SAM Power Plants. The energy produced is delivered to SAE’s own cubes or halls, which end users/miners can also equip with their own miners. Due to problematic cooling and noise emissions of mining facilities, the demand for suitable premises and electricity is high. SAM can lease both premises and electricity to competitors.
SAM Centers
In each alpine area where Swiss Alps Energy AG is going to be operating cubes, a branch office will be installed; the so-called SAM Centers. This ensures that in addition to the benefits from the protection of cultural assets, the local municipalities may profit from tax revenues.
What is more, for on-site services such as on-call duty and security, local talents will be recruited and trained for deployment. The SAM Centers promote the economic viability of the respective community and may have a lasting positive impact on other sectors.

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