There will be a video with news and an update forthcoming as soon as possible. The team appreciates your patience.

Eventually.  The tokens are still locked at this time and so are not transferable to another wallet.

Hello.  Ambit tokens are still locked.  They will remain locked until after the first dividend payment is made.  You cannot transfer them from one wallet to another until they are  unlocked.

Construction of the first facility (weekly update #3) with BEKA

https://www.youtube.com/watch?v=llhidZoP1GE

As stated from the beginning of the project, anyone wanting to collect dividends will have to register and go through the KYC process.

Ambit mining is the only ICO with the existing mining infrastructure, experience and proven track record. All this is reflected on “Ambit Mining” youtube channel.
https://www.youtube.com/c/CryptoCurrencyNetwork


All token holders will receive bi-weekly dividends: 85% of the net profits from the mining operation and 85% of the net profits from hosting services. (In accordance with the rules as setting up in the Smart contract). Dividends will be calculated and paid on bi-weekly basis in cryptocurrency. The size of the dividend will be determined in a pro-rata share of the tokens held by token holders during a full cycle before the dividend declaration. (for example, if a user held 100 tokens in the beginning of the cycle, and sold 30 during the cycle, dividend will be allocated for the remaining 70 tokens which were held during the full duration of the dividend cycle)
A portion of the profits from the mining (30%) will be bootstrapped into further development and innovation of our equipment, in order to maintain profitability with the constantly increasing difficulties in mining. All the information regarding the upgrade of the equipment as well as other related development costs will be fully transparent and available to the token holders, to ensure the credibility and transparency of the project.

I have passed your question along to the team.

Bitcoin Mining with Ambit Mining. Post ICO update with CEO

Ambit Mining ICO is over. I catch up with Beka to find out how it went, the plans for the future, and when token holders will get returns on their investments.

https://www.youtube.com/watch?v=yJfRcFrXGSA&feature=youtu.be

Token holders voted to keep the tokens locked until after the first dividend payment.  Exchanges will happen after the tokens are unlocked.


There is not a Discord channel.

Dividends will be paid out in ETH.


A video is coming soon. so please be patient
Keep in mind soon doesn't means today


You can contact the team at Contact@AmbitMining.io about visiting

Fujitsu visiting Ambit Mining!



Tech team from Fujitsu visited Ambit Mining, in order to discuss the potential partnership, and tell us about their new 7nm chips which are more efficient than the ones currently used by manufacturers. We had a productive visit and will let you know about further development of these talks.



https://www.youtube.com/watch?v=t8vZqwCL2XQ&feature=youtu.be

There is no exact date as of yet. First dividends are expected at the end of August.

No specific listing date as of yet.

Construction of the first facility (weekly update #2)

In this video, we provide a short update on the progress of Ambit Mining after the completion of the ICO. We have started the construction of the first facility which should be finished in August. We are on track to distribute the first dividends to the token holders in the upcoming month. We will be providing more updates so stay tuned and if you have not done so already like and subscribe.



https://www.youtube.com/watch?v=JenwdxyxRYk

I will express to the team that they need to be more active posting on social media and other channels. Telegram and Youtube is currently how updates happen.

Yes, exchanges sometime after August. It was voted to keep tokens locked, so they cannot be traded currently.

Nothing to worry about. It's nothing like Ambit.


Thanks for the kind words. Per the team the work is still on schedule for August completion.

Another pic:

https://i.imgur.com/u2GlnBj.jpg

I understand your frustration with the market, but it's not the case that it's only went down and down. It's been mostly sideways with a pop down, and a pop up here and there. It's still profitable to a very low number.

There will be reports, I do not have the information on what timeframe between them. I will check with the team.

Ambit Mining Ico Update
Dear Community Members,

In this video, we provide quick update regarding the ongoing voting, as well as our future plans. If you have not done so already, please go to our website and cast your vote.

We will be providing updates regarding the construction and overall progress within next videos.
https://www.youtube.com/watch?v=YUa4Bcy6Dj8&feature=youtu.be
https://i.imgur.com/Q4aqBMx.jpg