How do you plan to power these in the mountains ?

Quick calculation shows:

50 x S9 = 66 kw

4000 Mhs ETHASH = approx 130 RX 580, = 17.5 kw (+ Mainboards, routers, vents  etc) (space must be packed in a 4m x 2m x 2m container ....)

So lets make that a generous 100 kw / Container. On 400 Volts, that's roughly 250 A.

Not one of the buildings in the mountains has that energy supply - so you will be restricted to locations that are either close to a trafo station, or close to e.g. ski lifts / mountain railways, otherwise you pay a fortune to get the energy laid to these locations.

The connection to a trafo station / ski lift will still need to be established, and depending on the distance, this is a 5-6 digit amount VERY quickly just to get the energy to the container.

In addition to that i miss the mentioning of the swiss electricty grid usage cost (5-6 rp/kwh) and general cost (2.6 rp/kwh)  in your calculations and whitepaper.

So in essence, without having your own hydro power stations, you are looking at at least 10 rp/kwh for energy, and thats already the best case. More likely 13-16 rp/kwh.

Even IF you acquire your own hydro plants, the swiss electrity grid usage fee will still need to be paid (happy to learn something new here if that's not the case).

Thank you for your feedback, wish you all the best with the ICO.

my best regards

Sergej

PS: on a sidenote - as far as i know all swiss banks have cancelled / do not further maintain banking relationships with crypto mining companies. Do you bank out of Liechtenstein?