Good morning/afternoon/evening,
It is my pleasure to share my project idea with you to receive feedback from the infinite knowledge present on BitcoinTalk.
SUMMARYI'm looking to create a token on the BSC network and, with its fees, fund the construction of mining farms in Paraguay (since this country has hydroelectric plants and, therefore, cheaper electricity prices). I'm then looking to use part of the profit generated by the farms to buy back some of these same tokens and burn them.
TOKENThe first step is to create a token on the Binance Smart Chain with a supply of 100,000,000 and a 6% fee (2% on purchase and 4% on sale). Of this fee:
• 3% =
Allocated to a fund for building Bitcoin mining farms using 500 Antminer S21 XP Hyd units in Paraguay, powered by hydroelectric energy.
• 2% =
Used exclusively for token marketing. • 1% =
Commission for the project team.The contract will include mechanisms to convert fee tokens into BNB before transferring them to the contract wallet, as well as token burning functionality.
Additionally,
the token will undergo dual audits by EtherAuthority and Certik. Liquidity will be permanently locked, and 100% of the tokens will be released to the market (no team allocations, no presales offering user advantages).
USE OF FUNDS GENERATED BY THE MINING FARMS • 70% =
Monthly token buyback and burn (to increase the token price, which, as I read on the forum, is the only thing token buyers care about).
• 20% =
Repair and purchase of new mining equipment.
• 10% =
Commission for the project team.
MINING FARMS500 Antminer S21 XP Hyd ($16,791.04/unit incl. taxes & shipping) | $8,395,520 |
Land in Ciudad del Este | $300,000 |
Industrial facility construction | $600,000 |
Immersion cooling systems | $400,000 |
Connection to ANDE grid | $300,000 |
Permits and legalization | $200,000 |
Investment in electricity cost reduction | $1,000,000 |
Total | $11,195,520 |
ANNUAL EXPENSESEnergy for mining farms (2,838,000W, 68.112MWh/day at $0.03/kWh) | $746,425 (Bitcoin Price = $94,953.19) |
Maintenance ($120/miner/year) | $60,000 |
Local technicians (10 x $30,000) | $300,000 |
Insurance and licenses | $80,000 |
Immersion cooling systems | $100,000 |
Total | $1,286,425 |
ANNUAL NET PROFITS473 TH/s x 500 miners = $11891.61 x 365 days = $4,340,437.65 – $1,286,425 =
$3,054,012.65
ROI PER FARM$11,195,520 / $3,054,012.65 =
3.66 YEARS ≈ 44 MONTHSMONTHLY TOKEN BUYBACK AND BURN PER FARM$3,054,012.65 x 70% = $2,137,808.85 / 12 = $178,150.73
FIRST FARMTo reach the
$11,195,520 required for the first farm, total token buy/sell volume must reach
$373,184,000.
INVESTMENTTo bring this project to life,
a total of $61,000 is needed, allocated as follows:
•
Smart Contract Creation + Initial Audit = $5,000
•
Certik Audit = $30,000
•
Server and Website = $500
•
Initial Advertising = $8,000
•
Initial Liquidity = $11,000
•
Reserve Fund = $6,500
• Crypto Marketing Expert.
• Investors or individuals willing to contribute to reach this amount.
WHAT WILL WE GET?All project revenue generated for the team will be divided into:
• 30% =
For the investors.
• 30% =
For the marketing team.
• 40% =
For me.
• And some Bitcoin tips for those who left feedback and/or helped me at this point in the project (as long as the project goes well).
KEY DATA • The maximum lifespan of a Bitcoin miner with excellent maintenance is 10 years.
• Paraguay has hydroelectric plants, resulting in extremely low electricity costs.
• Over 45% of mining farms rely on fossil fuel-derived electricity.
I have over 5 years of experience in cryptocurrency mining, but I don't currently have a team.
I am completely open to suggestions and/or criticism about this project.
And if you need even more information or have questions about the project, don't hesitate to ask.
If you believe in this vision, send me a private message.