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What is the MoonLite Project?
The MoonLite Project will operate in the Crypto-Currency Mining space, and plans to begin by mining predominantly Bitcoin, Bitcoin Cash, DASH & Litecoin on an industrial scale.
Operations are set to begin in August 2018, and aims to be in time, one of the larger global crypto-mining companies.We will establish our data centres in countries where the contractual electricity supply is clean & green, reliable, costs are the lowest, and that are politically stable. Our first datacentre is planned to be in the country of Iceland, where the average tariff for an industrial connection is around 0.045 USD per kWh.
The proceeds from mining operations will be split as follows:
• Liquidating a percentage into fiat currency for operational costs and traditional
investments, ad-hoc re-investment into operations, and other crypto & blockchain
opportunities
• Retaining a certain percentage of crypto-currency for the appreciation and
investment value through, investment in a number of crypto-hedge-funds, and
investment though other traditional investment channels
• Retaining a certain percentage of crypto-currency to be used for planned
equipment purchase and expansion.
Mission
MoonLite Mining aims to add value to all token holders by employing the latest technology,
rolled out in the most efficient manner, and run by the most suitable team in order to meet
and exceed all performance and growth targets.
Strengths and Core Competencies
● Multiple stable currencies mined
● Multiple pools managed, as well as local nodes
● Multiple power supplies and internet connections
● Multiple mining sites
● Backup servers
● Multiple hot and cold storage wallets
● Backup PSU’s, hardware, and systems
Market
Market Capitalisation for the currencies we will be mining:
Bitcoin: $252,419,830,420
Bitcoin Cash: $41,558,084,293
Ethereum: $93,405,070,461
DASH: $8,964,815,433
Litecoin: $12,743,719,310
Strategy
● Mine the largest and most stable currencies using the most efficient equipment
● Mine on an industrial scale and capitalise on the economies of scale and
proportionately reduced overhead costs
● Aggressive expansion and equipment replacement policy
● Mining in several pools, and local in-house nodes for each currency
● Power and HR costs kept to a minimum – mining in areas with low power cost
● Redundancy built into every system
● Proceeds split into a 60:20:20 ratio
Profits arise from
● Currency will be liquidated into fiat currency and invested traditionally, and through
the investment arm of the group.
● Static un-allocated currency will be invested through crypto-hedge-funds
● Increase in the retained currency value
● Income from the active crypto-currency trading by our dedicated trading team
● Sell currency when price is high, Purchase equipment when price is low
Capital Distribution
The capital allocation will be broken down into the following:
Critical Success Factors and Assumptions
● The company needs to continuously update equipment increase or maintain the
available hash-rate to keep up with rising mining difficulty levels.
● Income is based on the business keeping up with rising difficulty levels of volatile
currencies such as DASH. The risk is offset by mining stable currencies such as BTC,
however focus on maintaining constant income levels will need to be primary
● Maintaining a cost effective energy supply
● Keeping costs as per the cash flow projection/budget
● Overall equipment uptime at 90%+
● Additional equipment after phase 1 will be purchased with mining proceeds only
● Maintaining a healthy available cash surplus
Simplified Team Structure
The Moonlite Project Milestones
Token Distribution
Core Team
For More Information:
Website : https://www.moonlite.io/
Twitter : https://twitter.com/MoonLite_ICO
Telegram : https://t.me/moonliteico
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1370037
ETH : 0x8725Dcd3B510ef1bB8Ea5b86Eb361Df93155DBe5
Username : chaukhchi
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