The presale for Bitminer Factory just launched on July 1st, 2018, but it will soon be ending on July 20th. Luckily, investors will still have a new opportunity to make a purchase on the ICO that begins the next day. According to the company, the ICO comes with a 12% discount, but it will not last.

Bitminer Factory’s startup aims to use renewable energy for mining, rather than the electricity-draining methods presently involved in the industry. This change makes blockchain a more sustainable technology, and will profit enthusiasts, miners, and other types of investors in crypto. They presently have 100,000,000 to sell.

Once the ICO begins, the company plans to let it run until September 30th, which is a total of 72 Days. The first tier of discounts, which will go until August 20th, will be eligible for the 12% discount. From the 21st of August until the end of the ICO, participants will get a 6% bonus. The total cost of each token is a dollar, which makes the ratio each to convert.

In the last year alone, mining with electricity has become incredibly demanding, exceeding five times the use that was needed at this time last year. Anyone that contributes to the startup will be making a statement to the rest of the industry that something more sustainable is necessary.

Gabriele Angeli, who helped develop the Bitminer startup, said,

“Our tokens represent a mining contract that allows anyone to benefit from the production of our mining and renewable energy plants.”

Further, he added,

“We’re so confident we’ll succeed, we’re offering a Buy-Back plan for our tokens every three months where investors can sell back their tokens at an increasingly higher price.”

Angeli’s Group has been in the business of energy production for four decades, and is the home of two separate collaborators. They have earned over €3M in revenue, and no crypto-mining group in Italy has managed to exceed their industrial success. The co-founder, Gabriele Stampa, has plenty of expert experience with web-based projects and marketing. The entire team has experience with venture capital, finance, renewable energy, and other areas that makes them a beneficial to a crypto company.

Stampa spoke about the ICO, saying,

“We decided to go to the next step and allow everyone to participate in our project by purchasing tokens. We want to make the Blockchain sustainable by using renewable energy to mine cryptocurrencies and share the benefits with our token holders.”

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