About Ambit Mining ICO

Ambit Mining is an organization that was established in the Summer 2017, and is part of the bigger BFGroup Holding that also controls several business in Georgia such as Petrol stations, poultry farms and an international audit firm. In November Ambit Mining completed the construction of its first fully functional and diversified Mining farm in the Free Economic Zone, Tbilisi, Georgia, with the capacity of 1 MW. Following the success and profitability of the farm, now Ambit Mining provides an opportunity for mining enthusiasts to become part of the mining family and further expand the existing, profitable mining operation to reach up to 20 MW capacity. Instead of offering the investment opportunity to the few large investors, Ambit Mining ICO allows the individuals interested in cryptocurrency mining to enter the mining operation and share the profits of the future operation. We welcome the members of the community to join us in this journey of building our new future together.

Features

  • All mining units are powered by 100% renewable hydro energy, ensuring green electricity supply at only 5 cents per kW/h.
  • The farm is located in Georgia, with green electricity
  • Ambit mining has already constructed 1 MW diversified farm in Georgia, which generated over 1.3 mln profit per year.
  • The mining farm is located in Tbilisi Free Economic Zone, which is a tax free area in Georgia. Meaning that operation will be exempt from majority of licenses, taxes 
  • Ambit Mining will partner with the major mining hardware manufacturers and will install cooling and wiring solutions in order to optimize the costs and to ensure maximum profitability.

Ambit Mining ICO Roadmap

 
  • July 2017

  • Initial round of private funding of 1 million USD.
  • September 2017

  • Construction of 11000 megahash GPU farm.
  • November 2017

  • Construction of 1 MGW diversified farm in TFZ.
  • April 3, 2018

  • Presale of Ambit MiningICO.
  • February 2018

  • Existing 1MGW farm 100 % ROI.
  • January 2018

  • Existing GPU Farm 100 % ROI.
    
  • April 14, 2018

  • Main sale of Ambit Mining ICO.
  • May 2018

  • Laying foundation for Ambit Hosting and mining facility.
  • July 2018

  • Hosting Services go live.
    
  • October 2018

  • First full dividend payout from Ambit Hosting and Mining Farm.
  • September 2018

  • Ambit Mining Farm is completed.
  • August 2018

  • First dividend payout from the Ambit hosting income.
  • May 2019

  • 100% Return on Investment achieved, Cloud mining service offered to the token.
  • Q2 2020

  • Acquisition of hydroelectric station for the extra source of electricity.
  • Q3 2021

  • Production of own ASICS chips.
Read Less