Swiss Alps Mining & Energy
Summary for Swiss Alps Mining?
The blockchain community worldwide faces strong headwinds due to the very energy-intensive mining process of crypto currencies and blockchain-based business applications. At the same time, in the Swiss alps, thousands of unused structures are disintegrating due to the fact that today’s spatial planning law does not allow for residential use of these buildings. Swiss Alps Mining & Energy connects these two worlds by offering environmentally friendly mining facilities in unused buildings in the Swiss alps, powered by renewable energy only.
Swiss Alps Energy AG (SAE) will hold an Initial Coin Offering (ICO) in June 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants. The SAM token, Sam, is an ERC20 token. It will be used as means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.
Swiss Alps Energy AG provides decentralized blockchain infrastructure and mining facilities by means of a sophisticated modular cube system. The pre-fabricated cubes contain the mining components and are installed on site in unused buildings in the Swiss alps. They allow for ecologically sound and highly efficient mining.
With the help of an Organic Rankine Cycle (ORC) system, energy consumption will decrease by up to 50% in comparison to similar installations. The ORC system uses the waste heat that is generated by the mining process in order to recover energy. SAM Cubes are located at high altitude, which facilitates the process of energy recovery, as altitude lowers the boiling point of water. No additional air conditioning systems are needed. Swiss Alps Energy AG is the first company worldwide to use an ORC system to recover energy from waste heat from mining facilities. SAE therefore offers an effective solution to a global mining problem.
SAE customers have the option to join SAM Smart Mining, also referred to as samaiX©. SamaiX is SAE’s proprietary artificial intelligence and a Decision Support System that helps miners to optimize their operations.
The decentralized distribution of the various facilities allows SAE to offer equally decentralized hosting of individual company blockchains and enables SAE to rent out these infrastructures.
Swiss Alps Energy AG (SAE) - Company & Concept
The Company
Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts. The team has successfully developed and launched several products, solutions and applications based on the blockchain technology. The company is currently going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).
Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for longterm stationary use. Thereby, SAE preserves the aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.
SAE Concept
Out of its unique position as an experienced Swiss provider of blockchain technology and hyperledger-based business applications, Swiss Alps Mining & Energy strives to:
• promote blockchain technology and its uses to a broader public
• provide clients/third parties the decentralized infrastructure to develeop their own blockchain-based projects
• address environmental issues associated with crypto mining worldwide
• support the local economy in Swiss alpine areas and facilitate the digital transformation in these areas
• be an electricity supplier using the distributed ledger technology
Token Specifications and Token Sale Platform
Swiss Alps Mining & Energy is using Ethereum, currently the most widely accepted platform. Ethereum offers all the benefits of a blockchain (full traceability, non-reputability, etc.) as well as multiple source language implementations that encourage integration. Ethereum will handle only the parts requiring consensus, transparency and accountability. Other services will continue to be provided using existing technology and development provided by Swiss Alps Mining & Energy.
The SAM token needs a transactional blockchain with a powerful system of smart contracts. These smart contracts must be able to ensure that a transaction can be combined with the results of previous transactions to provide auditable and consistent results. To date, Ethereum is the only stable system that has achieved widespread adoption and offers these abilities.
Sam tokens are minted via a token sale smart contract and can be held in any Ethereum ERC20 compatible wallet. They will be tradable outside the SAM platform, as they are ERC20
tokens with inherent value in the exchanges. The technical solution of the SAM platform consists of two main elements:
• the user facing dashboard and wallet
• the smart contracts on the Ethereum blockchain system
Application Layer
The platform will provide a Sam wallet that is fully compatible with existing token exchanges and that allows for easy withdrawal and purchase of tokens. Holders of Sam tokens can also use any wallet that supports Ethereum ERC20 contracts, which offers flexibility for token holders to use whichever service they prefer. The wallet also offers the purchase of Sam coins with crypto currencies such as BTC and ETH. Users can interact with the platform via web, desktop and mobile devices. They can invest their Sam coins on the SAE platform to rent mining power and mine crypto currencies such as BTC, ETH, DASH, etc.
The platform also provides detailed analytics of their investments and rewards. These analytics allow the user to monitor how their money is being utilized.
Back End Service
The dashboard and the mining rigs matching part are run on PHP and MySQL. The blockchain communicates with the back end using JavaScript and the front end using API calls.
Foundation Layer: Ethereum
The business logic of the token fund is controlled by two smart contracts on the Ethereum blockchain: one is a token that stores the balance of users in the wallet, the other is responsible for the reward of the mining rigs. The wallet communicates with the Ethereum network client through JSON-RPC and IPC calls. The Ethereum daemon is hosted on any miner machine or in AWS servers and is using web3 wrapper, which interacts with the outside world.
My Conclusion:
Good Day Everyone! I am Crypto Jhin and I am here to introduce to you this one of a kind ICO that has a big potential. It has been proven because of its many supporters and investors that has put their money on this project and we are so lucky because the tokensale is still ongoing and that is a great news because we can still get our shares of SAMs Token ! I myself will be going to invest in this product for this project will surely give me a big amount of ROI so everybody shouldn't miss this one of a kind project and must hurry to get their shares ! That's all for today and thank you so much for this awesome opportunity of yours to read my blog ! Have a nice day and more power!
If you have more questions or inquires or already interested to invest in this awesome project just check out the links below that I had been provided for more info:
Website: https://swissalpsmining.io/
Whitepaper: https://swissalpsmining.io/pdf/whitepaper.pdf
Medium: https://medium.com/@swissalpsmining
Twitter: https://twitter.com/swissalpsmining
Facebook: https://www.facebook.com/swissalpsmining/
Reddit: https://www.reddit.com/r/swissalpsmining/
Telegram: http://t.me/swissalpsminingICO
My BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2182909
MEW: 0xB0c8191Bb9CBc42374B7004eEB84Ad1b83A51143
#cryptomining #swissalpsmining #energy #ico #tokensale
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