BatMine - Solution To Mining Algorithm To Drive The Adoption Of The Blockchain Technology

Unchanging sequence had raised up in the blockchain and it has mostly been caused by Bitcoin. However other projects are realized monthly, it is evident they are just replica of one another and barely have much to offer to scale up adoption of the blockchain technology.

For this reason, BatMine was birthed to put a stop to several issues that have become the norm on the blockchain. It is expected to boost transactions and by extension, chart the course that will see millions of people identifying with the platform.

Introduction

From another perceptive, BatMine platform is intent on incentivizing miners for their inputs. Seamless transactions will come with fewer costs just as decentralization will be optimum. This is not to be only step to massive adoption and that was why incentives were introduced. Mined coins can be used in the ecosystem.

Issues with Mining
One other important aspect looked at is coin mining. From the time of Bitcoin’s PoW to other mining channels, it is evident that there are fragments that need to be revamped. To this end, the centralization of FPGA and ASIC that could have made mining easier proved herculean task. In the light of this, the costly nature of these mining tools has been great burden on miners.

The mining process is also threatened by quantum attacks. It is expected that in the future, hackers will come with quantum computers that have tendency to break the strongest of blockchain platforms. Over centralization of these mining tools has made them permissible for these attacks and other inordinate practices that will be of negative undertone to the blockchain.

What is BatMine?

BatMine is a mining platform which will be accessible for miners to aid mining Activities as well as improve the rewards of miners through it high speed hash rate and ability to carry out mining Activities at even lower electricity consumption. The Batmine project will be developed to reduce the burdens of miners through providing a comfortable environment with low cost of green energy as affordable tax rate and it’s aiming to accommodate up to 10,000 miners depending on funds it can raise for startups. With the Batmine company installed it will go a long way to encourage mining Activities which will positively enhance cryptocurrency transaction speed.

Batmine project is encompassed with a team of cryptocurrency mining expert who have been able to access the pros and cons in mining Activities to help cryptomining as well as cryptominers to improve the efficiency of mining Activities in a safe environment and economical optimized location in the Center of European union with reduced cost of utilities.
With Batmine there is sure going to be an upward movement in the reward of miners which help them maximize mining profit and motivates the Miner’s interest to execute faster transaction verification on the blockchain.
To improve mining hash power, Batmine will be adopting a 55TH/sec mining equipment which is capable of increasing the efficiency and reliability of mining Activities as well as increasing cryptocurrency transaction speed as against the present transaction speed.
Batmine will be making available qualitative mining hardware’s with easy operability and maintainability to support the mining of all crypto kind but preferably mining most of the top cryptocurrencies in the coinmarketcap and also prominent newly introduced cryptocurrency with blockchain use cases.

BATMINE TOKEN
Batmine will be developing a token with ticket BATM. The Batmine token will be use as a means of payment of fees by the Miners using the Batmine mining equipment and will be made trade able in cryptocurrency exchanges. All forms of payment and Bonuses will be paid out by the Batmine team to it miners in it ecosystem using it native token BATM.

TOKEN METRICS AND ICO DETAILS
TOKEN NAME: Batmine
TOKEN TICKER: BATM
NETWORK: ERC-20 contract
SOFTCAP: 1 Million Euro
HARD CAP: 19 Million Euro
ACCEPTED CRYPTOCURRENCY FOR PURCHASE: ETH

Useful Information

Website:
https://batmine.io
Whitepaper: https://bit.ly/2AChLhT
Facebook: https://www.facebook.com/BatMineICO/
Twitter: https://twitter.com/batmineico
Medium: https://medium.com/batmine
BitCoinTalk ANN: https://bit.ly/2FpEVMq

Author
Bounty0x username: sebastianlbj