What is AusMiningToken (AUSMT)?
Australia's First 100% Renewable Energy Mining Farm with 51% of Net Mining Earnings Used for the Buyback and Burn of the AUSMT token.
What is the utility of AusMiningToken?
AUSMT aims to be Australia’s first 100% renewable energy-powered blockchain mining farm that allows anyone from around the world to earn wealth by simply holding the AUSMT token. AUSMT plans to only use 100% renewable energy for its miners, with the primary energy source being solar. In the case of AUSMT, BBB (Buy Back & Burn) refers to the action of using 51% of net earnings from mining the most profitable cryptocurrency to buy AUSMT tokens from the open market
What makes AusMiningToken unique?
AUSMT has leased 7 acres of property on which it has built a hut to house the miners and other equipment and has begun operating miners and the buyback and burn of AUSMT tokens. With plans for Expansion of operations and partnerships have begun and specifics will be announced soon! AUSMT will use a combination of Application-Specific Integrated Circuits (ASIC) and Graphics Processing Units (GPU) to mine the most profitable cryptocurrency at any given time. A purchase of 230 S19 Pro miners have been purchased and will be incorporated in the next phase of expansion
Who are the founders of AusMiningToken?
Andrew Bell is the founder and owner of AUSMT. It is Andrew's vision for AUSMT to be a 100% renewable energy-powered blockchain mining farm. In late 2021, Andrew began working towards his goal of bringing crypto mining. and with it the potential for financial freedom and generational wealth to others.
What are the future plans for AusMiningToken?
Expansion. As the farm increases its mining capability. AUSMT may use a portion of its profits to expand into other countries. To help facilitate this, AUSMT would partner with select holders and provide them with the support in order to allow them the opportunity to create a 100% renewable energy mining farm in their home country
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