DAGO MINING
Introduction
The Cryptocurrency market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
With my research, I found this project in which I really put my faith: Dago Mining. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
Dago mining is a modern method of mining cryptocurrencies created by a team of experts on blockchain technologies, business experts, IT developers, economists and investment experts. DAGO mining technology is 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.
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.
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.
Work Function of Dago Mining
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.
The team still collaborates 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.
The Dago Mining Solution
Digressing more about electricity, we decided to adopt this solution: the CSP-Fresnel, which gives us the possibility, through sunlight concentrating mirrors, with the transformation of heat into energy, through the use of steam turbines. We have the ability to store electricity and heat to use them at night, making us totally independent from energy costs.
By concentrating of solar power from relatively huge areas, solar flux density can be significantly increased; and so, operation temperatures of several hundreds degrees centigrade can be achieved. Such power and operational temperatures can be technically applied to many different ways, e.g. melting of metals, non-ferrous alloys processing; nevertheless, it is also feasible to convert such energy flow into electricity. Concentrated solar power represent a heat source for generating pressurized steam for condensing turbines, pressure energy flow is converted into
mechanical energy that actuates an alternator. Thus, the technological scheme of electricity generation is the same as by coal-fired power plants; however, the energy source is different.
Mining Hardware
ASIC
Through dedicated hardware and software, we intend to develop a flexible structure capable of modifying the extraction of cryptocurrencies based on the profitability of the moment. The biggest producers of miners are also the biggest cryptovalute extractor in the world, they distribute the equipment very slowly, aware that this will increase the difficulty of mining in particular for them (Bitman etc.), in 2018 the Internet group GMO produced and launched a 33nm 7nm ASIC chip with a consumption of 3.4Kw. By assembling the equipment ourselves with the help of our partners, we have the possibility to choose the most efficient components on the market with a higher renewal speed at lower costs, already today we have a 44Th/s technology that consumes 2.1Kw, the use of renewable energy combined with the accumulators makes us independent and highly remunerative. We are not subject to increases in energy costs or momentary availability.
Through dedicated hardware and software, we intend to develop a flexible structure capable of modifying the extraction of cryptocurrencies based on the profitability of the moment. The biggest producers of miners are also the biggest cryptovalute extractor in the world, they distribute the equipment very slowly, aware that this will increase the difficulty of mining in particular for them (Bitman etc.), in 2018 the Internet group GMO produced and launched a 33nm 7nm ASIC chip with a consumption of 3.4Kw. By assembling the equipment ourselves with the help of our partners, we have the possibility to choose the most efficient components on the market with a higher renewal speed at lower costs, already today we have a 44Th/s technology that consumes 2.1Kw, the use of renewable energy combined with the accumulators makes us independent and highly remunerative. We are not subject to increases in energy costs or momentary availability.
GPU
For the realization and installation of the ring with GPU we will use a video card based on the AMD Polaris chip (series of RX470, RX480, RX570, RX580) cards. We plan to use Sapphire and MSI manufacturers. Technically we intend to use Nvidia's solutions, such as GTX series video
cards in 1070, 1080, 1080ti, Titan XP, as well as specialized solutions designed for the mining industry, such as MSI GP106-100, ASUS GP106-100. We would prefer to use cards with a memory of at least 6-8 GB as the market grows very fast. It may not be enough to use 4 GB cards to extract some cryptocurrencies or significantly reduce productivity. The farms will work on ASRock and Biostar motherboards, which support the maximum number of cards. We are considering Biostar 12GPU TB250 version 2 (12 cards) and ASRock H110 PRO BTC + (13 cards).
For the realization and installation of the ring with GPU we will use a video card based on the AMD Polaris chip (series of RX470, RX480, RX570, RX580) cards. We plan to use Sapphire and MSI manufacturers. Technically we intend to use Nvidia's solutions, such as GTX series video
cards in 1070, 1080, 1080ti, Titan XP, as well as specialized solutions designed for the mining industry, such as MSI GP106-100, ASUS GP106-100. We would prefer to use cards with a memory of at least 6-8 GB as the market grows very fast. It may not be enough to use 4 GB cards to extract some cryptocurrencies or significantly reduce productivity. The farms will work on ASRock and Biostar motherboards, which support the maximum number of cards. We are considering Biostar 12GPU TB250 version 2 (12 cards) and ASRock H110 PRO BTC + (13 cards).
Immersion Cooling
4000 X More Efficient at Removing Heat than Air. In a two-phase immersion cooled system, electronic components are submerged into a bath of dielectric heat transfer liquids, which are much better heat conductors than air, water or oil. With their various low boiling points (ie. 49°C vs. 100°C in water), the fluids boil on the surface of heat generating components and rising vapor passively takes care of heat transfer. In contrast to submersion oil cooling, liquids are clean, environmentally friendly and non-flammable. It is this simplicity that eliminates conventional cooling hardware and results in better cooling efficiency. Compared to traditional air, water or oil cooling, this passive process results in the use of much less energy.
4000 X More Efficient at Removing Heat than Air. In a two-phase immersion cooled system, electronic components are submerged into a bath of dielectric heat transfer liquids, which are much better heat conductors than air, water or oil. With their various low boiling points (ie. 49°C vs. 100°C in water), the fluids boil on the surface of heat generating components and rising vapor passively takes care of heat transfer. In contrast to submersion oil cooling, liquids are clean, environmentally friendly and non-flammable. It is this simplicity that eliminates conventional cooling hardware and results in better cooling efficiency. Compared to traditional air, water or oil cooling, this passive process results in the use of much less energy.
Advantages of Immersion Cooling
• Higher efficiency and energy savings (>90% electricity savings on the cooling)
• Reduced capital and operational expenses
• Improved performance
• Higher density
• Improved hardware reliability
• Faster time to market
• Fits any form, size or shape of electronics components and boards
• Reduced capital and operational expenses
• Improved performance
• Higher density
• Improved hardware reliability
• Faster time to market
• Fits any form, size or shape of electronics components and boards
The possibility of changing the currency to be mined is essential for profitability, sometimes it is more profitable to mine coins of lesser value, but also less difficult to calculate, which translates into larger volumes of coins, thus increasing profitability. Our software gives the possibility to change the currency of extraction, whenever there is a need dictated by market conditions. We are developing a separate internal network, where we can store the crypto-currency extracted away from possible external attacks, one of our expert in bank security is preparing the environment.
Unique Team
The Dago Mining team comprises of topnotch professionals in their domains. They have ambitious goals which will enable them to set new standards for the Market. To achieve this goal a strong Team is built with all the necessary skills, talents and long-time experience needed for the project. Most of the team members on Dago Mining have verified LinkedIn profiles. This is all good because the more transparency a company have in regard to their team, the more trustworthy they typically are.
Token Details
The DAGO token is an ERC-20 standard-based Ethereum token.
Token: DAGO
Type: Utility
PreICO Price: 1 DAGO = 0.55 USD
Price: 1 DAGO = 1 USD
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
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
Use of Proceeds
Roadmap and Development Perspective
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. For more information, please visit:
WEBSITE: http://dago-mining.com
ANN THREAD: https://bitcointalk.org/index.php?topic=5114211
TELEGRAM: https://t.me/DAGOMiningofficial
TWITTER: https://twitter.com/Dago_Mining/
MEDIUM: https://medium.com/@dagomining
Author
nugezmils
nugezmils
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621
https://bitcointalk.org/index.php?action=profile;u=1729621
ETH ADD
0xde7fB34D93f672A5D587Dc0f8a416b13eED8547d
0xde7fB34D93f672A5D587Dc0f8a416b13eED8547d
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