Ambit

First mining ICO, with existing, scalable infrastructure.

ICO Overview

What is Ambit?

Ambit Mining has a track record and experience in running a successful mining operation. We have already constructed 1 MW diversified mining facility in Tbilisi Free Economic Zone, which has achieved 100% ROI in just 5 months. Building on this successful project, Ambit now aims to scale its operation to 20 MW and invites mining enthusiasts to join our mining family. Our experience in this field, helped us to secure partnerships with the leading hardware manufacturers and tech companies, which will allow us to run a successful and profitable mining operation.

Green Electricity

All our mining units are powered by 100% renewable hydro energy, ensuring low cost and green electricity supply at only 5 cents per kW/h.

Location

Our farm is located in Georgia, one of the most crypto friendly countries in the world, with abundant green electricity and favorable government regulations.

Experience

Ambit mining has already constructed 1 MW diversified farm in Georgia, which generated over 1.3 mln profit per year, with this experience we aim to further expand our operations and to share the profits with the community.

Tax Free

The mining farm is located in Tbilisi Free Economic Zone, which is a tax free area in Georgia. Meaning that operation will be exempt from majority of licenses, taxes and will benefit from the simplified procedures.

Technology

Ambit Mining will partner with the major mining hardware manufacturers and will install cutting edge cooling and wiring solutions in order to optimize the costs and to ensure maximum profitability.

Token with Payouts

Token holders will be entitled to the profit share from the Ambit mining and hosting operations, which will be paid out bi-weekly in ETH at pro-rata basis.

Risk Diversification

Ambit provides an opportunity for diversifying the risks, by investing in the mining infrastructure. Since the farm will be mining using both ASICs as well as GPUs, the income is not dependent on a single coin’s performance.

Decentralized

Ambit believes in a community driven business and decentralization, so 85% of the total token supply will be available for the public sale.

Ownership

In case of sale of assets, such as ASICs or GPUs, when they become outdated, the proceeds will be paid out to token holders at pro-rata basis.

Voting Rights

Token holders will have the voting rights, which means that they will be able to participate in certain business decisions, when it comes to innovation and improvement of our operations.

AMBT Token

AMBT is a token with payouts, that entitles the token holders to the percentage share of the total profit of the mining and hosting operations, which will be paid out on bi-weekly basis. Allowing every mining enthusiast to become part and enjoy the benefits of the large mining operation.

TEAM

Beka Vashakidze - Founder & CEO
Giorgi Inashvili - Chief Operational Officer
David Kochiashvili - Lead Software Developer
Aleksey Kuksin - Software Architect
David Gelashvili - Partner at BDO Georgia
George Khmaladze - Chief Financial Officer
+13 others
AMBT
1 AMBT = 0.50 USD

Buy with

ETH,BTC

Platform

Ethereum

Location

Georgia

Exclusions

USA

Pre-ICO Start

April 9, 2018

Pre-ICO End

April 16, 2018

ICO Start

April 19, 2018

ICO End

May 15, 2018