First mining ICO, with existing, scalable infrastructure.
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.
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.
Our farm is located in Georgia, one of the most crypto friendly countries in the world, with abundant green electricity and favorable government regulations.
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.
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.
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.
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.
Ambit believes in a community driven business and decentralization, so 85% of the total token supply will be available for the public sale.
In case of sale of assets, such as ASICs or GPUs, when they become outdated, the proceeds will be paid out to token holders at pro-rata basis.
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 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.