WHAT WE DO

WHAT WE DO

Dago-mining is the first self-sufficient renewable energy mine. In Iceland, the consumption of electricity is eqaul to its own entire population. China has a redeveloping project for the production of electricity from renewable sources. This will inevitably lead the energy supply companies to increase production with new renewable energy power plants, with huge investments and an inevitable impact on costs. All companies supplying energy are companies and so they must have profits to continue their business. An increase in market demand implies an increase in the price of the produced good. More the request, more the prices increase. Mining farms increase hashpower to overcome the difficulty of calculation, so increasing the demand for energy. No matter if they are pools made up of many small or medium Miners, more energy is needed. In 2016 the KNC Miner in Sweden declared bankruptcy using various excuses, but the basis of it is an increase in extraction costs (halving the Bitcoin premium from 50 to 25). In 1 year there will be a new premium cut at 12.5 BTC per block. Increased energy costs (more pollution) and halving the premium are the challenges to defeat.

Dago Mining has decided to produce the energy it will use for mining, with photovoltaics, CPS, hydroelectric and geothermal. In many States there is the possibility of creating small power stations (50 MW) with low costs, and storing energy (heat and electricity) in an ecological way that will give us the possibility of mine even at night. The technologies are already tested and widely used. We intend to use, for the construction of the plants, companies with many years of experience in the sector and with a very high know-how. Some members of our team still collaborate in the construction and maintenance of power stations. The various parts of the plant have an estimated duration of 20 years. This gives us the opportunity to plan the low maintenance they need and then to predict the costs. We can increase the power of HashPower without impacting the ecosystem. We can use powerful hardware cooled by immersion to increase both power and durability, maintaining over time the high level extraction capacity. The chosen location is a region of a European state, where we are contracting to be included in a no tax zone, and 4% tax. We can also participate in non-repayable loans, issued by the same Region, the State and the European Community for renewable energy sources. We are the future of Mining, NOW!

 

 

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