After successfully hosting the first MTO in late July, the Mining Token officially announced the commencement of its second MTO in August.

Introduction

The Mining Token ($TMT) was created in order to completely decentralize the Proof of Work mining process, from investment to profit, and therefore tear down the boundaries established by Proof of Work mining.

Given the rising demand for cryptocurrencies and the market’s one-of-a-kind potential, they recognize that no one wants to be left out. Setting up an Ethereum miner, on the other hand, necessitates not just a big investment, but also technical knowledge and a great deal of devotion. That is why TMT provides a solution for all entrepreneurs that wish to take advantage of the technology revolution but are unable to do so on their own.

Project Roadmap

The first MTO was successfully completed on July 30th, 2021.

TMT performs an audit to be assessed by one of the largest corporations in August 2021. Furthermore, in order to maintain the precise balance of $TMT and Mega Hashes, TMT will provide additional Mega Hashes for the 15% of $TMT that will go to liquidity. This money will be frozen for three months to ensure liquidity stability.

August 2021: Found funds will be utilized to develop their existing mining facility in Tierra del Fuego, Argentina, and begin mining for the first TMT coins! 

Towards the end of the year, a new mining center will be opening in Asunción, Paraguay. This will allow them to take advantage of the finest that diverse regions of the world have to offer while also minimizing risks by diversifying.

Because they will be able to give the greatest Ethereum profitability on the market, they will need to grow their mining centers by the beginning of 2022, and they feel that the ideal area to do so is Oklahoma, USA. They are already relocating their connections there in order to have everything set for the start of the year! This will help them to continue diversifying in order to save expenses and take use of the finest aspects of each location.

After being well-established and diverse in each nation, they will expand their service to be able to give all Bitcoin enthusiasts the greatest choice to mine securely while enjoying all of the benefits that TMT provides.

1st MTO – Success

The first MTO (Investment rounds to purchase Rigs for Mining ETH) was a huge success. It employed the overflow technique and was hosted on the TMT platform. Many individuals already have their TMT Staked in pools and are getting ETH straight mined.

Date and time: July 30th, 10PM UTC

Place: thetokenmining.com

Raised amount: 150,000 BUSD

MTO Duration: 72Hs

Pre-Sale Price: 35.06 BUSD = 1 TMT

Launch Price: 38.59 BUSD = 1TMT

2nd MTO Coming soon

Following the success of the first MTO, the second MTO will be held on August 9th, 2021. The project is progressing at a rapid pace and achieving development goals. As a result, the 2nd MTO is the ideal chance to purchase TMT and become a part of this expanding project.

Date and time: August 9th, 2AM UTC

Place: https://app.theminingtoken.com/

Amount to be raised: 50,000 BUSD

MTO Duration: 24Hs

Pre-Sale Price: To be confirmed

Sustainability, Equipment and Components

Sustainability

The $TMT is a mining-based token with a fixed supply that is geared for rapid price growth and significant long-term returns.

  • Equipment: They research and monitor the mining equipment market in order to purchase the most lucrative units accessible. They diversify their portfolio in order to reduce the risk to a single type of machine, one location, and one hosting facility.
  • Electricity and Management Cost: Because they are located in nations with the greatest electricity rates, they run a very lean and clean business with minimal power expenses. Remote management feature reduces labor expenses and eliminates a lot of outsourcing. Furthermore, by 2025, they intend to be totally carbon neutral. This reduces the cost of power while also contributing to a cleaner atmosphere.
  • Availability: Their mining facilities have an uptime of more than 99 percent due to dependable power supply and automated miner management.

Equipment and Components 

A mining rig is built with the same components as a standard desktop computer. However, there are some distinctions. A typical desktop computer has a decent balance of CPU, RAM, GPU, and HD. Gaming PCs have higher-clocked CPUs, a lot of RAM, one or two GPUs, and SDDs.

When it comes to mining rigs, you want the lowest clocked CPU, the bare minimum of RAM, 5,6, or 7 GPUs, and the most basic HDD/SSD. Oh, and as you can see in the image, you don’t want (or even able) put all those GPUs in a standard case. To do this, specifically constructed shelves are needed to house each of the components.

A power supply, a motherboard, an operating system to operate on your motherboard, computer memory, and a GPU or graphics processing unit are the basic components of any mining equipment.

An ethereum mining rig is similar to any other computer you might build yourself, except that instead of a case in which all the components are housed, it is located in an open area. This is necessary because when the GPUs are turned on, their temperatures can skyrocket, necessitating a lot of air movement.

With only one graphics card, this machine can do around 27 million arithmetic problems per second.

TMT is able to deliver highly attractive returns to investors due to all of these characteristics. By investing in TMT, you are investing in Ethereum mining, which means that, unlike the rest of the cryptocurrencies, you will not have to rely on the price of the $TMT to later sell it at a higher price, but you will profit from the Ethereum you receive from mine.

Conclusion

TMT is one of the appealing projects after the first successful MTO and attracting a significant number of investors who are staking as well as beginning to earn mined ETH directly. With priorities for sustainable development, the project is on the right track in terms of expanding its operating model and is ready for the second MTO wave, allowing you to capitalize on the full potential of the TMT project.

Official Links

Twitter: https://twitter.com/mining_token

Telegram: https://t.me/TheMiningToken

Medium: https://medium.com/@theminingtoken

Website: www.theminingtoken.com

Disclaimer

Opinions stated on CryptoDaily.io do not constitute investment advice. Before making any high-risk investments in cryptocurrency, or digital assets, investors should conduct extensive research. Please be aware that any transfers and transactions are entirely at your own risk, and any losses you may experience are entirely your own. CryptoDaily.io does not encourage the purchase or sale of any cryptocurrencies or digital assets, and it is not an investment advisor. Please be aware that CryptoDaily.io engages in affiliate marketing.