Global mining operations consume electricity more than the entire energy consumption of Denmark. Sophisticated computers employed in mining operations are energy sapping, for instance, the Bitman S9 system requires up to 1400W of electricity supply to carry out mining operations effectively. It is therefore no surprise that one of the leading destination for cryptocurrency mining in the world, Iceland publicly declared that it could no longer provide electricity for the ever energy demanding cryptocurrency mining operations.
This issue is seriously undermining the goal of decentralization which blockchain technologies wants to achieve as energy intensive mining operation have concentrated power in the hands of a few in the industry. Furthermore, running successfully mining farms requires massive investment which has made bulk of investors to resorts to using less environmental friendly such as coal operations in China.
It is based on this background that the Swill Alps Mining and Energy team came up with a laudable project to address the numerous problems associated with cryptocurrencies mining globally. Swiss Alps project would not only provide cheap and readily available energy for mining operations but also ensure that the energy is clean and poise no threat to the environment while ensuring that the once abandon structures located in the Swiss Alps are used to create value.
THE SWISS ALPS SOLUTION
While cryptocurrency miners continuously battled how to solve the energy issues facing their operation. It is saddening to know that thousands of structures are wasting away on the Swiss Alps which could be employed in the provision of affordable and renewable energy for mining operations while also generating revenues for the local authority. The Swiss Alps Mining and Energy therefore came up with a feasible solution that explores the numerous potentials of the Swiss Alps that is providing environmental friendly and renewable energy facilities for mining operations. The Swiss Alps Energy AG various initiative are discussed briefly below:
SAM POWER PLANTS
The Swiss Alps Energy propose to provide her own electricity by acquiring green power plants to ensure provision of cheap and readily available to run her SAM cubes initiative to solve the challenge of inadequate and costly energy for mining purposes. Through ecofriendly energy source such as hydro power-plant, wind power sources and photovoltaic systems called SAM power plants, energy would be supplied to Swiss Alps Energy halls and also individual miners can also equip their facilities with it.
The second phase of the SAM power plants project is built on a peer to peer (P2P) platform which would bring together energy producers and consumers together thereby eliminating third parties in the supply chain and consequently reduction in energy prices. Backed by blockchain technologies and smart contract, digitization and decentralization of energy supply is possible. This surely would place Swiss Alps at the forefront of the emerging leaders in the smart energy sector which no doubt is the future.
SAM CUBES
Sam cubes is a modular mining cubes providing advance automatic mining services with little maintenance. It most interesting feature is the Organic Rankine Cycle system; the first of its kind globally. The Organic Rankine System enables conversion of waste heat generated in the industrial process to electricity representing the highest efficiency energy conversion ever. Furthermore, Sam cubes are self-contained, fast-mountable and with custom ventilation system.
They come in two specifications are denoted SAM Unit 1 and SAM Unit 2 with measurement 4x2x2 meter cube and 8x2x2 respectively. It is relatively easy to set up both models on site and with a favorable weather condition on the Swiss mountain (15 degree Celsius); they do not require air conditioning system to keep them cool.
Sam cubes competitive advantage lies in its efficiency. For instance, operating 50 Asic miners with a combine capacity of 700 TH/s together with GPU rigs of total capacity of 4000 MH/s would mine about 115 Etherum and 19 bitcoin annually using SAM unit 1 while SAM unit 2 would double this outcome. The Sam unit is already in operation and in the future would allow mining of other cryptocurrencies besides just Bitcoin and Etherum.
SAM Smart Mining-samaiX
SamaiX is a decision support system which uses artificial intelligence and historical data to forecast and predict profitable cryptocurrencies coins to mine at a particular time. Users that have interest would have option of joining this service provided in the SAE blockchain to assist them in making informed decisions regarding their mining activities.
SAM CENTRES
Office space called SAM centers would be inaugurated at every location where Sam cubes would be deployed at the Swiss Alpine areas. This would be advantageous to the local community as it would ensure protection of their cultural assets that is the already abandon houses in the area and local authorities would also benefits from tax return. Lastly, Sam centers would contribute to economical activity in the area by employing locally source manpower to provide services such as security and others.
SAM BLOCKCHAIN
SAM Paas
Having a perfect knowledge of market needs, Sam blockchain provides a solution that meets diverse needs of users. At the onset, the platform shall provide 5 to 10 selected blockchain frameworks for users some of which include the Know Your Customer-Anti Money Laundering solution as well as the decentralize distribution of electricity on the blockchain. On this platform, users would have opportunity of customizing their own distributed ledger technology in no time.
SAM KYC-AML
Identity verification remains one of the fundamental challenges facing cryptocurrency acceptance across the globe because of fear of money laundering and disclosure of priviledge information by participants.
Sam KYC-AML would allow online verification of users in a simplified without a centralized storage of users’ information instead it would be based on blockchain technology where users can ready confirm their identity. Even in the event of hacking, user’s identity is secured.
THE INVESTMENT OPPORTUNITY
In order to complete this laudable project, Swiss Alps Energy is raising investment through initial coin offering (ICO). Investors would be issued SAM tokens, SAM tokens is the currency of the SAM blockchain and would be listed in major exchanges for trading. It is an etherum based token (ERC-20) with a huge potential for exponential growth in value based on its usage for all payment in the system. It is therefore no surprise as the project initial coin offering was highly rated by reputable cryptocurrency media. The ratings are provided below:
ICO bench 4.0/5ICO marks 9.3/10IcosBest 4.0/5
Investors can purchase the ICO (SAM tokens) using Bitcoin, Etherum or fiat (paper money). Presently the ICO sale is in stage four and each SAM token is presently $0.80. The total supply of SAM token is 311,011,901 tokens. Unsold tokens would be burnt after the ico.
Project Road Map

the project road map.PNG
For further information regarding this project, please get in touch using any of the following links
Whitepaper
Website
Written by : daseento
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