Texas Mining Farm
Cooperation Instructions for Joint Construction of Mine Farm:
1.Joint construction of mine farm means that the power resource party is responsible for confirming the power supply with the local power supply bureau.
The mine farm management party is responsible for the construction and management of it, which is jointly invested by the miner seats owners and owns all the property rights of the mine farm.
2.The constructed miner seats can be used by its owner in priority according to the proportion of shares, or it can be external leasing and hosting jointly.
3.The hosting electricity price is basic electricity price ,that is, the settlement electricity price of the miner seat owner and the actual external electricity price is slightly higher than the basic electricity price.
4.The profit of the hosting electricity fee for the miner seat owner’s own use is owned by themselves.（After deducting management fees）.
5.The process ,related documents and cost investment list of construction will be public to the miner seat owner
6.Main process of mining farm construction:Establishment of local companies-Sign electricity agreement-Submit compliance procedures-Purchase the equipments for mining farm-Mining farm construction-Power on operation
7.The mine construction period is estimated.The calculation period starts when the participation share of the joint project reaches 80%, which may be advanced or delayed.
The real-time progress will synchronize the information to the miner seat owner in real time. If the project is delayed due to special circumstances, the valid proof will be disclosed to the miner seat owner.
- Power supply scale
The construction process of the power supply contract and the site lease contract is disclosed internally. The purchase of power equipment can be audited.
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60MW
- Number of seats
Based on 3500W
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20000pieces
- build cost
Equipment investment list can be audited. Professional management, low construction cost and the highest cost performance.
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300,000.00Dollar
- Mine Property Rights
The platform side rents out to earn electricity bills
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own
- Annualized Return
Shareholders' internal dividend distribution time node, usually quarterly dividends.
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89%-122%
- Security
According to local property insurance requirements, connect property insurance
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Take out property insurance
- cost price
The electricity price of the local power bureau, get the electricity price
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0.035-0.045USD/KW/H
- Management Fees
Mine construction, mine management, mining machine maintenance
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12%
- build cycle
The first phase of planning and design, as well as the estimated time of the engineering company's timetable, due to the epidemic stage, it is normal for the time to deviate.
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100-300days
- Management electricity price
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0.08USD/KW/H
