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Big warehouses filled with whirring computers. Air conditioners set at extremely cold temperatures to control the heat generated by the machines. Fans gusting out wind to cool down computers. This is how cryptocurrency mining looks today and it is often energy inefficient and bad for the environment.
That is now changing thanks to innovative new companies like Swiss Alps Mining and Energy (SAE). Many buildings are left vacant and SAE takes advantage of unused space to set up crypto mining operations in these structures. Customers who have chalets or vacation homes that they don’t use for much of the year can lend out their space to innovative companies such as SAE.
SAE will help arrange spaces like these for miners to use for cryptocurrency mining and provide equipment to get the mining operation started. However, even with all the equipment and space set up in the Swiss Alps, miners are still vexed with an intractable question: which cryptocurrency to mine?
Only a few years ago, Bitcoin was the only game in town. In the past couple years there has been a Permian explosion of new mining options to choose from. No longer is the choice automatically Bitcoin, but it could be Ethereum, Litecoin, BCash, Monero and many others. Faced with myriad choices, miners need to look at which coin offers the best return and strongest potential profit. There are various websites that can help with this but using web data is manual and tedious and not a good long-term solution to help generate profits. Furthermore, profitability can change very quickly. In one day, a smart miner might be mining Bitcoin, Ethereum and Monero depending on changes in profitability. The biggest miners have algorithms to adjust which coins are mined, but smaller miners won’t have the time or skills to build this kind of program. This is where SAE can help.
Customers can leave this choice to SAE’s technology to manage. They don’t need to worry about choosing which coin to mine as SAE’s Smart Mining technology called SamaiX will help choose the most profitable coin. SamaiX technology calculates which coins are the most profitable to mine and shares these suggestions with miners so they can select the most profitable coins. Users must confirm the suggestion so that samaiX can adjust the mining equipment. SamaiX also learns from previous decisions made by users and integrates them into its subsequent suggestions. In the future, SamaiX will begin to integrate news-driven data to provide even better suggestions for lucrative mining opportunities. Experts in big data and data mining will work continuously to improve the SamaiX platform as it rises in popularity.
SAE and SamaiX are a winning combination for anyone who is interested in setting up mining operations. Miners can work with SAE to build an environmentally friendly mining operation and one that has the strongest profit potential. No more big austere warehouses with stacks of computers, just pure Swiss nature and fresh air. That is the new vision of mining brought to you by SAE.
SAE is currently launching their ICO to help fund the further development of business operations and marketing activities to promote the platform. The private sale is ongoing and a public sale is to begin on June 15th. Investors who want to get involved in mining could use this ICO as an opportunity. All SAM tokens purchased during the ICO can be used to rent SAE’s mining equipment and pay for power to mining operations. Further information about how to participate in the ICO can be found on the SAE website.
You can also follow SAE’s progress through their announcements on: