Project Overview

Ambit AMBT

The next generation mining infrastructure MINING • HOSTING • CLOUD MINING


Ticker

AMBT

Country

Georgia

Industries

Website

Contact Email

info@ambitmining.io


White paper

Platform

Total Supply

104000000 AMBT


Social Media

Twitter

Facebook

LinkedIn

Bitcointalk

Telegram

Google Plus

Slack

YouTube Channel

Discord

Github

Steemit

Instagram

Project Description


Description

About

Ambit Mining is a mining operation established in the free economic zone, Tbilisi, Georgia. In October Ambit Mining completed the construction of its first fully disclosed and diversified Mining farm, with the capacity of 1 Megawat (MW). Ambit Mining aims to expand the existing operation with crowdfunding (using Ethereum based smart contract) and make a large scale cryptocurrency mining operation
accessible to community.

Low cost, green electricity (0.05$ per kW/h), favorable government regulations, tax free zone, cutting edge technological solutions, all these factors ensure that Ambit Mining is one of the most profitable mining operations in the world. (100% ROI Achieved in just 5 months for the existing farm). Community members who will contribute to this project will have the opportunity to become part of the mining family at Ambit. Each Community Member will have access to regular and transparent information regarding the mining operation.

Ambit Mining contributors will receive Ethereum based AMBT Tokens that represent their share in Ambit Mining. These tokens will entitle the holders to the profit share from the Ambit Mining operation. 85% of the net profit will be available for token holders (Total Mining Yield), out of this 85%, 75% will be distributed as dividends, the remaining 25% will be reinvested to improve and upgrade our mining infrustructure, in order to match the increasing mining dificulty and maintain the same ROI over the years. If the cost of the actual reinvestment is less than 25%, then the remaining funds will be distributed as dividends as well.

On the existing mining operation, Ambit Mining has managed to achieve 100% ROI in just 5 months. However, due to the volatility of cryptocurrencies, the ROI might vary significantly. With currently available mining equipment and mining difficulty rate, at bitcoin prices of USD 11,000, Ambit Token will generate a yearly ROI of 141%, or over 400% over 3 year period. Which means that every 1 ETH invested will yield 4 ETH within 3 year timeframe.

In total there will be 104 million Ambit Tokens issued, out of which 85% will be available for crowdsale. The reminder will be allocated as follows: Team & Advisors 9%, Bounty Campaign 3%, Company Reserve 3%. All unsold tokens will be burned and there will be no further distribution of the tokens. All tokens allocated to team and advisors, will be vested for 6months, to ensure their in in the success of Ambit Mining.

ICO Overview

Ticker

AMBT

Accepted Payment Methods

MVP?

KYC/Whitelist

KYC & Whitelist

Soft Cap

3000000

Hard Cap

40000000

Restricted Countries

Bounty Program


Airdrop Overview

Current Status: Unknown

Description

Amount Available

Start Date

End Date


Private-Sale Overview

Private Sale Price

Private Sale Goal

1000000

Private Sale Min Contribution

Private Sale Available for Sale

Private Sale Start Date

July 1, 2017

Private Sale End Date


Pre-Sale Overview

Current Status: Complete

Price

0.40

Goal

6800000

Minimum Contribution

100

Available for Pre-Sale

17000000 AMBT

Pre-Sale Start Date

April 10, 2018

Pre-Sale End Date

April 17, 2018


Public Sale Overview

Current Status: Complete

Public Sale Price

0.50

Available For Sale

71000000 AMBT

Public Sale Minimum Contrabution

Public Sale Start Date

April 20, 2018

Public Sale End Date

May 10, 2018

group

Team Members

Beka Vashakidze

Founder & CEO

Giorgi Inashvili

Chief Operational Officer

David Kochiashvili

Lead Software Developer

school

Project Advisors

Karan (Kay) Khemani

Chief Executive Officer of SPECTRE

Miguel Palencia

Chief Information Officer at Qtum Foundation

Andrii Matiukhin

Chief Technical Director at Hacken

rss_feed

Twitter

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

https://t.co/vmrhl05387

#AMBIT #Mining #AMBT #blockchain #mining #Cryptomining #crypto

Beka is Back! We discuss the latest with @AmbitIco

https://t.co/IKikxA98o4

#bitcoin #cryptocurrency #bitcoinmining #AMBIT #Mining #AMBT #blockchain #mining #Cryptomining #crypto $btc #dividends #passiveincome

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