The ProblemRecently, cryptocurrency mining has become the forefront of concern for environmentalists. It has been cited that the process of mining a single Bitcoin is equivalent to the same amount of electricity used to power nine homes in the United States for one day. Whether these numbers are accurate or not is irrelevant. The fact is that mining consumes astronomical amounts of electricity.
As cryptocurrency becomes more embedded in the world economy, energy consumption issues will become a larger issue and need addressed. With GPU wholesalers in place, Apollo18 is already steps ahead of the competition.The SolutionAs cryptocurrency becomes more embedded in the world economy, energy consumption issues will become a larger issue and need addressed. With GPU wholesalers in place, Apollo18 is already steps ahead of the competition.
There have been many attempts to replace traditional power generation with renewable energy such as solar or hydro power. In the end, these have proven to not yet be sustainable for high-power consumption scenarios.
Apollo18s goal is to stay ahead of the challenges that face blockchain technology and reward investors by building cryptocurrency infrastructure and securing the blockchain.https://apollo18.co.in/wp-content/uploads/2018/02/28337772_1607228229403363_8447035068597474288_o.jpgThe A18 TokenThe Apollo18 Token (A18) is an ERC-20 based token built and issued on the Ethereum blockchain. The token represents a portion of the total hashing power of the mining farm. A18 tokens will be required to receive payouts from the Apollo18 Silos. Token holders will be able to easily store and manage tokens using existing infrastructure. Tokens will be created prior to the Partner Sale and Crowdsale. Due to SEC regulation, partner sale tokens will be locked via smart contract for six (6) months and will be time-released thereafter. Pre-sale and Public sale tokens will be released immediately post-ICO. The total supply of A18 will be limited to the number of tokens created at this time. The total A18 supply will be capped at 24,000,000.https://i.imgur.com/ZTanv0i.pnghttps://i.imgur.com/tXVdoa7.pnghttps://i.imgur.com/DOabfQD.pnghttps://i.imgur.com/mBMm8cx.pnghttps://i.imgur.com/ONfJ84m.pngDividendsUpon successful scaling and launch of the Apollo18 Silos, token holders will begin receiving monthly dividend payments in the form of Ethereum (ETH) tokens. Coins mined in the Apollo18 Silos will be converted to Ethereum (ETH) directly. If this is not possible, the mined coins will be converted to Bitcoin (BTC) and then converted to ETH. The resulting ETH will be the earnings distributed to token holders less operational costs. In addition, in order to stimulate growth, 10% of earnings will be reinvested back into the expansion of the Apollo18 Silos resulting in larger payouts and more growth. The remaining Ethereum tokens will be distributed to A18 token holders via the dividend-paying smart contract. The smart contract will distribute this ETH to token holders respective to the amount of Apollo18 tokens the investor is holding.
We have seen other companies in the past promise returns of over 400% or more. This is wrong and misleading. As market volatility is high and mining difficulties are constantly fluctuating, Apollo18 is reluctant to promise any official ROI percentage. Apollo18 will provide all historical data throughout the lifetime of the project for current and prospective investors to review and evaluate their positions.
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Why Apollo18?VisionWe believe that infrastructure buildout is imperative in order for blockchain technologies and applications to continue as a viable option. We believe that additional research and development is needed in order to produce hardware that is efficiently scalable to keep up with the growth of blockchain technologies. The future of cryptocurrency mining needs to be distributed and geared towards the original visions of decentralization. Apollo18s goal is to return the power back to the people by lowering the barrier of entry, innovating more efficient mining methodologies, and ultimately, empowering the community.Unique Selling Proposition[/color]
Apollo18 is contributing to the blockchain infrastructure by implementing scalable mining units built on the industry tested data server models. We continue to enhance the server mining hardware through the research and development of dedicated hardware.
Lowest price for energy in the United States. Apollo18 is located in a region of the United State with base residential electric rates between 5-6 cents/KWh. This rate is nearly half the rate of lowest state rate average. Upon scaling, Apollo18 may be eligible for local industrial rates of 1.7 cents/KWh.
Industry tested infrastructure. The Apollo18 Silos are configured to reflect, and improve upon, the setups utilized by giants in the tech industry today. These tested configurations provide highly effective models for cooling systems.
Efficient. Apollo18 has implemented the most efficient GPU mining infrastructure per square foot. Mining farms we have visited in the past average approximately 8 GPUs per 3 sq. ft. Apollo18s configuration compares at approximately 8 GPUs per 1 sq. ft. Upon scaling, GPU density increases compared to traditional mining farms.https://i.imgur.com/hq9UWlm.png----------------------------------------------------------------------------------------
SilosThe success of the Apollo18 mining platform is due in part to the uniquely configured mining system. As a token holder you will have access to dedicated mining hardware, similar to purchasing server space on any other platform such as Amazons Web Services.
We refer to our mining rigs as Silos because of this model.
Shoulders of Giants[/color]
We looked at several mining hardware configurations with the goal of maximizing miner density and ensuring heat management efficiency. Many of the massive mining operations are configured using the Ikea shelf method.
The inspiration for out configuration came from the massive data centers used in industry. These data centers maximize hardware density per square foot with a highly effective air management system.
Cooling System and Heat ManagementApollo18 servers are configured to allow for hot and cold aisles, allowing for highly effective and energy efficient cooling compared to whole room air conditioning.
https://i.imgur.com/pKmTgNe.jpg
To achieve the desired air flow each mining rig has 5 high speed Delta fans providing a combined total of nearly 1,000 cubic feet per minute of air displacement.
Lunar CrewKirk Durbin is the founder of The Apollo Project, an initiative geared towards education surrounding security, cryptocurrency, and blockchain technology. Kirk has performed security audits, incident response projects, and consulted numerous companies in a variety of business sectors as well as spoke in various educational settings in the Central Pennsylvania region including public seminars and entrepreneurial groups. Kirk's combination of information security knowledge, experience in the cryptocurrency space, and his drive to innovate and build is unmatched.
Justin Merrell is a serial entrepreneur and maker. By the age of 22, he had already founded both for-profit and non-profit corporations while raising a combined total of nearly half a million dollars. He also holds a patent for a device that plays a critical role in the management of many makerspaces. With a background in both business and engineering, Justin specializes in creating systems and processes that are efficiently scalable through the use of technology.
Pamela Paige is a real estate developer in New York City who specializes in connecting high-level commercial developers internationally. She also spent a decade in charge of staffing, marketing, and development for Team Enterprises and US Concepts. Currently, Pamela is one of the key players in the Phore Blockchain acting as Head of Partnerships and Business Development.
Chelsea Turner is Apollo18's graphic designer and branding expert. As a graduate from Penn State University, Chelsea's freelance experience in web design and brand development combined with her knowledge of advertising, marketing, and human psychology is paramount to Apollo18's mission.
Mission Advisors
Chris Mair is a strategist and an early blockchain enthusiast, having first invested in Bitcoin in 2011.
He is a founder of DADI and is the key architect behind the decentralized business strategy. Prior to DADI he was a partner at London based technology company Airlock, where he headed the strategy division.
Before joining Airlock, Chris was the Global Head of Digital Technology for fashion brand Diesel where he was responsible for the development and implementation of the brands digital strategy across 33 markets worldwide.
Coinhub.Network is your source for high quality cryptocurrency news, analysis, education, and ICO/startup counseling. Coinhub.Network has been responsible in aiding TE FOOD, Pure Investments and others become leaders in their respective fields.[/font]
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