PoW Farm will always use the latest in mining technology for maximum performance.
A small percentage of the daily mining profits will be held in order to pay for expenses such as:
Electricity, insurance, internet, maintenance, rent*.
Maintenance includes saving for inevitable miner repair & upgrades.
This is how your investment will continue to mine forever.
PoW Farm is in the
United States in an area with very low electricity costs.
The miners will mine the most profitable coin every 24 hour period.
This will enable us to payout peak profits every pay period.
All the miner statistics will be available 24/7
All of the current mining farms that allow you to rent mining power are not transparent.
We want to be different and offer a live camera stream accessible 24/7.
You can watch the team do maintenance or the machines flex their number crunching skills.
Bob puts in 0.5 Ethereum and receives 2,500 SEED tokens. (worth $175 USD).
Sarah puts in 2 Ethereum and receives 10,000 SEED tokens. (worth $700 USD).
Total Community Fund: $30,000 (total fund before) + $175(Bob) + $700(Sarah) = $30,875.
Today's mining proceeds after retainer: $600 USD worth
Bob has put in $175 of the total $30,875. His "stake" is ~0.567% ($175/$30,875).
Bob receives ~0.567% of today's proceeds which is ~$3.40 or ~0.0097143 ETH.
At this rate, Bob can expect to have his initial investment back in 52 days.
Sarah has put in $700 of he total $30,875. Her "stake" is ~2.27% ($700/$30,875).
Sarah receives ~2.27% of today's proceeds which is ~$13.60 or ~0.03886 ETH.
At this rate, Sarah can expect to have her initial investment back in 52 days.
Launch the ICO/Crowdfund.
Enable account creation and fund tracking.
Find suitable location for PoW Farm based upon crowdfund amount.
Receive mining hardware and begin build out.
Setup live stream camera.
Start daily payouts for SEED holders!
Setup live statistics
Prep for more mining hardware.
The mining community now owns the biggest cryptocurrency mining farm.
All legal related duties, software setup and maintenance.
Repairs, upgrades, build outs of mining farm.
Online presence and marketing research.
All funds raised are held until we reach enough to launch.
If the crowdfund never reaches high enough, all funds will be refunded to the senders' addresses.
Minimum amount needed to start ~$15,000.