As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

Swiss Alps Mining & Energy builds decentralised mining facilities in buildings that are no longer in use in Switzerland. At the moment, there are over 400,000 (official number of the Swiss State) of these buildings and over 40,000 of them can be optionally used for SAM. On average, SAM can place 6 mining units in these buildings, which makes for a possible total of over 200,000 of these units plus the units placed directly at hydroelectric power stations.



Why decentralised mining plants and not a single large one? On the one hand, the rental costs of the buildings we use are very low, on the other hand, we cool our systems at these altitudes without air conditioning and thus require up to 30% less energy than in the lowlands or in locations with different temperature conditions. We are currently building an ORC facility for the recovery of waste heat of energy miners. These facilities work much better at elevations above 2000 metres or provide a significantly higher efficiency due to the fact that the boiling point of water is lower than at 0 metres above sea level. Thus, SAM can manage with up to 50% less power consumption than mining facilities in lower and warmer areas and is the first mining facility which not only uses exclusively renewable energies but can also use the waste heat.

However, the decentralised distribution of the systems has another major advantage. We have the option of offering decentralised hosting of company blockchains and to rent these infrastructures.