DAGO MINING - Extraction of Crypto-currencies Through Green Energy from a Self-sufficient Mine


alt text

STARTER INFORMATION

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, Dago mining, a modern method of mining cryptocurrencies created by a team of experts on blockchain technologies, business experts, IT developers, economists and investment experts has arrived.

"Blockchain and Cryptocurrencies have paved the way for this generation’s industrial revolution, and we must give it the best opportunity to survive if we’re to pass on the baton to the millennial generation for it to thrive.

We have but one planet to live on. And while we absolutely should thrive and innovate, we must also take care of the environment for ourselves and future generations. Cryptocurrency, backed by the blockchain, is one of the biggest innovations in our history, and it is just getting started. The growth of digital currency has blindsided the world, and the power used in the crypto mining ecosystem is currently produced by non-renewable sources that pollute our air and water. This is a problem that is only getting worse, and it is only one example of the increasing energy demands of our population.

Creating a self-sustaining project in the crypto and blockchain space is the first step to encouraging further innovation and disruption in the renewables sector. To take it one step further, what if those projects invested a portion of their profits to research and development of green energy and renewable initiatives such as higher efficiency green energy sources, new renewable technologies and new forms of recyclables?"

With that being said, DAGO mining technology based on a simple idea to meet the growth of world energy needs and increase the use of DAGO mining renewable energy sources requires large-scale energy storage systems characterized by high performance, safety, stability and efficiency.

But before we go any further, please check out this video presentation to get even more acquainted

https://vimeo.com/264726926

Now that I have your attention, let’s get right to it.

What exactly is DAGO MINING?

As depicted above and as indicated on the official whitepaper of DAGO Mining, DAGO mining has designed a mining system with three technologies all together: a high efficiency photovoltaic system that uses solar concentration panels, combined with an innovative energy storage system in salt water batteries that will bring the farm to be self-sufficient in terms of energy in 12-18 months from the start. The progressive construction and assembly of the hardware of mining uses high performance GPU (not only Graphics Cards) and ASIC Chip already on the market.

Everything is cooled by “Immersion Cooling” in order to exploit the possibility of overclock without losing stability and durability. Using the dynamics of exponential growth for both, we promote climate preservation and the welfare of the token holders. It is the physical incarnation of the blockchain spirit: a robust and decentralized system that can withstand disruptions in government policies, price structures and the energy supply.

Dago Mining offers users effective solutions to the global mining problems that exist today. The market and conditions change every day, and those who constantly interact with the digital technology market notice it especially well. The analytic agency from Denmark, which manages the bitcoin mining energy consumption index on Digiconomist, provides estimates of the growth in electricity consumption and these estimates are very alarming. Thus, 80% of the energy used for mining is produced at coal-fired power plants (China, Russia and others). Also, computing power for the operation of blockchain-registers use a similar power source.

The Goal

The goal of the Dago Mining project is to realize the full potential of blockchain technologies as a strong decentralized system capable of resolving problems in public policy and the structure of energy prices.

alt text

In addition, Dago Mining's business model is based on the rapid deployment of large mining farms that use renewable natural sources as a source of power generation. The project is based on three important principles:

Green energy - The company produces renewable green electricity using photovoltaic cells and their ability to retain heat capacity.

New technology - A fundamentally new approach to cooling equipment makes mining very profitable.

High scalability - A business model is easily implemented anywhere in the world where the sun shines.

alt text

The company sees the enormous potential and benefits of green energy and offers a solution for both investors and private clients in this market. To do this, use its own power plants and deep-cooling technology ASIC miners, namely:

Power generation. The team has developed photovoltaic panels that provide direct energy production and heat conversion, which is converted into energy using steam turbines. Thus, there is no heat loss and there is no destructive heat release to the atmosphere. Also, a distinctive feature is that the generation process takes place 24/7, that is, at night, generation and mining do not stop.

Elimination of harmful effects on the environment. The team chose the most efficient methods on the market that optimize costs and harmful emissions. As already mentioned, this is a fundamentally new technique for cooling equipment.

Electricity storage. The technology is based on a simple idea: to meet growing demands and increase the use of renewable energy, large-scale energy storage systems are required that would be high-performance, safe, sustainable and economical. The battery consists of an electrolyte with sea water, a manganese oxide cathode, a composite anode made of phosphorus carbon and titanium, and also a jumper made of synthetic cotton. The battery uses non-aggressive reactions at the anode and cathode. Saving energy in batteries allows you to consume all the solar energy produced and control costs. These batteries are optimized for continuous cycle and ensure reliable operation without frequent maintenance.

How It Works?

Dago-mining is the first self-sufficient renewable energy mine.

In Iceland, the consumption of electricity equaled and will soon outpace the consumption of the entire population. This will inevitably lead companies supplying energy, increasing production with new power plants with substantial investments and an inevitable impact on costs.

Dago Mining has decided to produce the energy it will use for mining with solar thermal concentration photovoltaics, and the storage of energy (heat and electricity) in an ecological way that will give us the possibility of mining even at night. The technologies are already tested and widely used. We intend to use, for the construction of plants, companies with many years of experience in the sector and with a very high degree of know-how.

Some members of the team still collaborate in the construction of power stations and their maintenance. The various parts that make up the power plant have durations estimated in 20 years, this gives us the opportunity to plan the low maintenance they need and then to predict the costs. We can exponentially increase the power of Hash Power without impacting the ecosystem, using increasingly powerful refrigerated in-immersion hardware to increase both power and durability, while maintaining extraction capacity at high levels.

alt text

THE DAGO MINING ICO/STO DETAILS

The DAGO token is an ERC-20 standard-based Ethereum token.

Token Details

Token: DAGO

Type: Utility

PreICO Price: 1 DAGO = 0.55 USD

Price: 1 DAGO = 1 USD

Bonus: Available

Bounty: Available

Platform: Ethereum

Accepting: ETH, BTC

Minimum investment: 200 USD

Soft cap: 4,000,000 USD

Hard cap: 20,000,000 USD

Country: Spain

Whitelist/KYC: KYC

Restricted areas: USA

alt text

DAGO tokens grant their holders the right to:

Receive 50% of the mining activity divided as follows: 40% paid monthly, 1 month after start

Reinvest 10% for increase mining capacity

Receive 20% from the calculation power rental activity divided as follows:

20% paid monthly, 1 month after the start 05% reinvested for increase mining capacity

Use the tokens to buy mining power with a 30% discount First information on ICO of new mines, others will be implemented.

DAGO Mining will reinvest 40% of the profits, for 18 months revaluable, in Hardware and Photovoltaic cells to increase the total hash power of the entire miner for the benefit of all, 10% will cover the costs of maintenance, administration, personnel etc.

Initial Token Issue Volume: 150.000.000 DAGO

Price of the token in term of FIAT currency: 1 DAGO = 1$

Form of payment accepted: ETH, BTC credit cards.

The unsold tokens will be destroyed o burned.

For lowest fees and safe payment we recommend to buy DAGO tokens with ETH.

Token Distribution

alt text

85% token holder

15% Founders and Companies

Use of Proceeds

alt text

Pre-sale

Start: 12.30.2018 12.00 UTC

End: 05.11.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

Pre-ICO

Start: 05.11.2019 12.00 UTC

End: 06.11.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

ICO stage 1

Start: 06.11.2019 12.00 UTC

End: 07.11.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

ICO stage 2

Start: 07.11.2019 12.00 UTC

End: 07.20.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

ICO stage 3

Start: 07.20.2019 12.00 UTC

End: 07.30.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

ICO final stage

Start: 07.30.2019 12.00 UTC

End: 08.10.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

ROADMAP

alt text

MEET THE AMAZING TEAM

alt text

alt text

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

WEBSITE: http://dago-mining.com

WHITEPAPER:https://drive.google.com/file/d/1Dc3VwSk2vmnOCaawe13cgMXmwOM4_SrR/view

ANN THREAD: https://bitcointalk.org/index.php?topic=5114211

TELEGRAM: https://t.me/DAGOMiningofficial

FACEBOOK: https://www.facebook.com/DAGO-Mining-925577207590931

TWITTER: https://twitter.com/Dago_Mining/

MEDIUM: https://medium.com/@dagomining

REDDIT: https://www.reddit.com/user/Dago-mining

SLACK: https://dagomining.slack.com/messages/D9QJQ7YEP/details/

YOUTUBE:https://www.youtube.com/channel/UCOW2PzorvLjc1MbkCT89QJg/featured/

alt text

Author: Cryptoholical

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

My Ethereum Address: 0xF3f7b9c45864006DBd1571De53d5847C0d11438c

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.


Comments 0