MINING UNDER MANAGEMENT FACITE FOUNDATION – mars hits –

MINING UNDER MANAGEMENT FACITE FOUNDATION – mars hits –

Facite is a digital platform that facilitates mass mining of digital currencies or cryptocurrency and is supported by very adequate facilities even more than those owned by other mining platforms. Facite is a foundation that builds digital platforms as a suitable place to carry out trade activities and everything related to the use of digital currency functions. This platform is supported by ideas inherited from the long experiences that have been passed by every member of the team involved in this development project. Together they project that experience in the form of original ideas that support a more unique and characteristic cryptocurrency concept.

If more digital platforms currently rely on the standard functions of a cryptocurrency platform, such as payment transactions, exchanges, and investments, Facite designs different trading concepts. They are more focused on mining the digital assets for various types of digital currencies that exist today. The concept that they are running will give a new color where the mining procedure being run is also different from the habit. Mining requires careful preparation in terms of knowledge and experience and is also supported by adequate equipment and facilities. If this is not seriously prepared, then this is the main reason that miners find it difficult to obtain maximum profits from the mining they do.

Mining activities also take place with quite complicated procedures. Apart from being required a number of special tools that really need to be available to run mining activities, the duration needed also tends to be long to open a block. Power consumption is also very high. This fund is needed to provide mining equipment that complies with the standards. The equipment commonly used is a computer device that is connected to a special CPU or GPU machine where the mining process takes place there. This equipment can be obtained through a digital store but the price is very expensive. Generally, the price specified for a mining tool is in the range of 25 to 40 million IDR. Prices can increase if the capabilities possessed by the tool are also better.

By implementing the concept of mass mining and specifically building its infrastructure, mining activities can be more optimal and efficient in many ways. Mining will take place more practically because it is run through a system that is supported by advanced technology that does specifically support the function. The costs required are indeed very large, but this is the best choice to produce more digital assets and in a shorter period of time. Facite plans this concept where they will provide special mining land located in the State of Kazakhstan. This location was chosen in accordance with the results of the research and a variety of careful considerations. Kazakhstan is the most strategic country to carry out mining activities of digital assets from various types of digital currencies.

This platform is the largest mining center to be built in the country. This project involves the construction of very large mining infrastructure and is also supported by electricity from solar energy through solar panels. The construction of solar panels will also be taken seriously by preparing large-capacity electric power. Because mining requires a lot of electrical power supply and if it relies on electric power provided by the State electricity company, the power produced is considered not to be sufficient. This is because electric power comes from electricity supply to households. By running a large-scale mining project, of course the available electricity supply will not be sufficient. One of them must bear the burden of the electricity deficit.

To avoid similar efforts, Facite finally decided to be in charge of the construction of mining infrastructure as well as solar power plants. That way, the availability of electricity will be adequate and every activity can run according to the procedure. Supported by the use of more energy-efficient mining tools, the electricity supply provided will be able to support mining activities in a long time. In fact, the availability of electricity will also be greater where it can be used for other needs related to community livelihoods. Inside the Facite mining center, there are thousands or even more mining machines that will continue to operate during full time to mine digital assets. These machines will work under the management of the Facite foundation so that the operation runs perfectly.

Published at Tue, 21 May 2019 18:18:04 +0000