AusMining strives to be the top community driven blockchain mining project powered by renewable energy that provides direct value to its token holders by using 51% of its net mining earnings for the buyback and burn (BBB) of its token, AUSMT.
By using 51% of its net mining earnings for the BBB of its token, all holders will benefit by: earning reflections; and the decreasing supply.
To achieve its goal of aggressive BBB, AusMining has already purchased 230 S19 Pro miners, is finalizing an agreement with a new facility to house them, and is negotiating a fixed low rate for the over 1MW of power needed to operate them. Once turned on, the 230 miners are expected to contribute over 22,000th/s to the Bitcoin network.
Phase 1 (Launch & Proof-of-Concept of Farm) (completed)
-Build Hut to house miners (completed)
-Install Solar panels and electric infrastructure (completed)
-Register Company with ASIC.Gov (completed)
-Run First Batch of Miners (completed)
-Assemble and expand management teams (completed)
The proof-of-concept Farm was built and operated to show that the AusMining Team has the will, determination, and ability to construct a project like this. Building this Farm allowed the Team to learn a lot and be in a better position to execute the very ambitious next phase of the road map.
Phase 2 (Expansion)
-Create partnerships (on-going)
2 / 2
-Purchase additional miners (batch of 230 S19 Pro Miners purchased; ongoing)
-Locate secure facility to house (in-progress)
-Secure agreement to meet energy needs (in-progress)
-Become fully self sustaining as no new holders needed to increase price but new holders are welcome for the ride.
-Develop a scalable Farm-Model to support building of Farms all over the world (Including potentially supporting token holders who want to build their own mining farm and are willing to join our own mining pool).
-Transparent and doxed Dev.
-Experienced with crypto mining
-Already purchased 230 S19 Pro Miners.
Checkout the website, telegram group, and whitepaper for additional details.