When a user requests a transaction to send or receive crypto currency, the transaction will be sent to a set of computers called nodes and then sent to blockchain. The Blockchain Works by sending digital ledgers to be verified by several different computers called miners. These miners essentially verify and record their approval and send it to the next computer. Further verification This cycle continues and new transactions are requested and processed. Miners are hardware that is a graphics processing unit (GPU) or a specific application of integrated circuits (ASIC) running at full capacity 24 hours, 7 days a week, 365 days a year.

There is no break for this hardware. With great pressure and unstoppable processing, the miners are damaged by the ordinary events. And to send them to repair or replace it Means time lost in the mines and reduced profitabilities every second. For our mining, we have our technicians who will be in place in shifts monitoring every miner through the cloud platform. management management This cloud platform works by having continuous data and forwarded to the cloud system where technicians will monitor and if there is a break down or problems.

Viretium is a crypto miner who has gathered for me on a large scale. Because being a large scale crypto mining is very profitable compared with the mining itself. We recognize that we have great opportunities and advantages in crypto mining. because our electricity and operating costs are low.

RX580s are currently marketed around 300 to 380 USD each, nVidia 1070 each around 430 to 450 USD. Do not forget the motherboard, RAM, SSD, CPU, PSU and riser cable. The GPU rig costs about 2,100 USD to 2,300 USD. As for ASICs, Scrypt-based miners are each about 2,145 USD, X11 is at 1,555 USD each and 1,450 USD for SHA-256. However, we can get all this cheaper by using economies of scale.

VISITION VISION

At Veritas Mining Company, we believe converting renewable green energy into cryptocurrency by crypto mining means Crypto mining is very profitable when it is done on a large scale and basically converts electricity into a digital asset. In today's environment, Crypto mining is finished globally. What we offer is an environmentally friendly, sustainable and renewable form of mega crypto mining, in a stable country with an environment without risk of natural disasters.

ADVANTAGES


  • Cost-effective => We have partnered with a green & renewable energy company to build our mine on site
  • Environmentally Friendly => We use Solar, Wind & Bio-Gas / Waste energy sources to power our mines and Natural water sources flow to stay cool
  • profitable => With the cost of operation and optimization of cheap mines, we aim to be the most profitable
  • Innovative => We are constantly researching and finding ways to develop better software for future integration into blockchain technology

Token Sale

In order to attain our goals on our milestones and road map, we will be raising the funds required through a token sale. The token holders will be rewarded with dividends of profit sharing in the form of Ethereum every quarter. We hope that in this way, a long term source of income will be available to our token holders, therefore also increasing the capital value of our tokens itself.

Token Name : VRTM

  • Total Token Issued : 135,000,000 (Includes bonuses)
  • Token to ETH Exchange Rate : 1 VRTM = 0.001 ETH
  • Pre-Sale Start Date : 28th October 2017
  • Pre-Sale Token Bonus : 50% (Drops 5% every 3 Days)
  • Pre-Sale Token Cap : 5,000,000 VRTM
  • Minimum Pre-sale Purchase : 0.25 ETH
  • General Token Sale Start Date : 24th November 2017
  • General Sale Week 1 & 2 Bonus : 25%
  • General Sale Week 3 & 4 Bonus : 10%
  • General Sale Week 5–8 Bonus : No Bonus
  • Minimum General Sale Purchase : 0.25 ETH
  • Ethereum Soft Cap : 1750 ETH or US$ 500,000 /
  • Ethereum Hard Cap : 100,000 ETH
  • Token Type : Ethereum ERC 20
Token Distributions:

  • 18 additional tokens will be created with every 100 tokens sold.
  • These 18 tokens are issued for our partners, founders, team and advisors including Bounty.
  • Unsold Tokens will be burnt.
  • Veritium WILL NOT BE MINEABLE
more info:

whitepaper: https://docs.wixstatic.com/ugd/69d1f1_e49b8e61526e413d97116ab1620e9e86.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2309077.0
Facebook: https://www.facebook.com/VeritiumMining
Twitter: https://twitter.com/VeritiumMining

By RyanEncek
https://bitcointalk.org/index.php?action=profile;u=1076774

ETH: 0xaE5e525E57a6117fa00Ae27b57e94b92B1Bf0c51









Veritas Mining

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