OUR BLOG

Series A round commenced!

Elite Mining Inc is proud to announce that our Series A fundraising round in the form of security token offering has officially started. EMI is a security token, representing equity in the company and accruing dividends.

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Comparison of the electricity prices within the US

In the previous article,  we covered the data on global electricity prices. This article will mainly focus on the electricity price differences within the USA.[efn_note]Dated December 2018, released February 2019: https://www.eia.gov/electricity/monthly/archive/february2019.pdf, table 5.6.A[/efn_note] Elite Mining Inc is based in Washington state — it is, therefore, important to take a closer look within the USA.    

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Mining Disrupt 2019

We are going to Mining Disrupt Conference!  It is great to see that cryptocurrency space is maturing, and events dedicated to specific aspects of the industry get the size and spotlight they deserve. Mining Disrupt is definitely an event for crypto enthusiasts interested in mining. Will we meet you there? Mining Disrupt 2019 Date: 23-24

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Comparison of the electricity prices worldwide

Elite Mining Inc currently has an average electricity price of $0.052 kWh, which falls within the top 15 cheapest electricity countries. The USA would be the only Western country in this list if the rate secured by Elite Mining Inc was the average for the whole country.

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Our new energy deal

We just concluded our negotiations with our PUD and have now been given the ability to add another substation for exclusive rights.

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Mobile units

This is how we mine Zcash, ZEN, and Bitcoin on the go. Leased land meets unbelievable electricity prices.

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Progress

If you visited our facilities now, you wouldn’t believe it’s a crypto bear market out there. Machines humming and the team hustling create quite a sight at a place that was quiet and abandoned a couple months ago.

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EMI-takeoff

Seed round part B concluded

We are happy to inform you that the second part of our seed round has successfully finished and we reached our cap of $1,000,000 USD. This round has been led by the existing backers (which is always a good sign) and we only accepted a handful of outside investors. We thank everybody who participated in

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