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The largest Mining Farm in Central Asia with free electricity Green technology is not a dream, but a reality today. We help make the world better. www.greentoken.in Version 1 August 12, 2018

The largest Mining Farm in Central Asia with free electricity · The largest Mining Farm in Central Asia with free electricity Green technology is not a dream, but a reality today

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The largest Mining Farm in Central Asia with free electricity

Green technology is not a dream, but a reality today.We help make the world better.

www.greentoken.in

Version 1 August 12, 2018

- 1 -

CONTESTS

1. SUMMARY OF THE PROJECT ................................................................................................... 2

2. THE PROBLEMS OF WASTE IN THE XXI CENTURY ........................................................... 4

3. THE ESSENCE OF THE PROJECT ............................................................................................ 8

4. LOCATION, MAINTENANCE AND SAFETY ......................................................................... 9

5. PROCESSING TECHNOLOGY ................................................................................................ 12

6. ELECTRICITY .............................................................................................................................. 14

7. PROJECT ECONOMY ................................................................................................................ 15

8. TOKEN GTN ............................................................................................................................... 19

9. TERMS AND CONDITIONS OF TOKEN-SALE GREENTOKEN ..................................... 20

10. INFORMATION ABOUT TOKENS ...................................................................................... 21

11. KYC / AML ............................................................................................................................... 22

12. ROADMAP PROJECT ............................................................................................................. 23

13. TEAM AND ADVISERS .......................................................................................................... 25

15. RISKS ......................................................................................................................................... 29

- 2 -

1. SUMMARY OF THE PROJECT

Mining - is a simple and understandable business, which is engaged in thousands of

companies and hundreds of thousands of people around the world. Mining farms are

very unevenly distributed around the globe. The main reason is the different cost of

electricity in different countries. According to research, almost 50% of newly mined

coins are mined in China, where electricity costs are several times less than in

Europe.

Greentoken - is a crypto-currency mining with lifelong free green electricity, based

on an innovative waste-processing plant with a 100% recycling capacity, without

harm to the environment and preliminary separate collection of garbage.

FOR ACCOUNT WHAT IT IS POSSIBLE

The Hong Kong company «Invest Ecology Limited» founded a joint venture

«EcoTech-Recycling» in Kazakhstan. On the received land of 18 hectares located in

the city of Taraz, a new waste-processing plant will be built.

During processing, 80% of garbage is processed into synthesized gas, the remaining

20% of the residue - is coke, pure carbon, which is used for the production of foam

glass and is sold as a separate type of raw material for industry.

From synthesized gas through gas engines, 10 MW/h of electricity are generated, 6

MW/h of which is allocated to provide electricity to 6000 standard mining farms. 4

MWh are used for the company's own needs and production of raw materials for the

real sector.

- 3 -

The company «Invest Ecology Limited» founded a separate project Greentoken. A

huge mining farm will be built on the fenced and guarded territory of the plant, the

size of which is limited only by the amount of surplus free electricity from waste

processing.

After the termination of the ICO, the Greentoken team immediately starts the farm

and buys out the volume of video cards and other mining equipment for which the

funds are collected.

This business is an auxiliary for the company «Invest Ecology Limited», accordingly

there is no big difference whether ICO will collect $ 100 thousand or $ 10 million.

Our main purpose - to make the planet cleaner. And mining is the ideal solution,

allowing the company to receive additional profit in the developing market of crypto

business.

Two main competitive advantages:

- Free, fenced and guarded room for mining.

- Free, independent of the external network electricity for mining.

- 4 -

2. THE PROBLEMS OF WASTE IN THE XXI CENTURY

THE PROBLEMS OF WASTE IN THE WORLD

The American study found out: on August 21, 2010, humanity has reached the

point of no return, starting from this day it became impossible to safely store waste

on planet Earth.

Annually in the world up to 5 billion tons of garbage are dumped to landfill, 80%

of this waste is high-calorie materials, which, when decomposed, produce

combustible gas, for example: rubber, plastic, textiles, paper, wood, food waste and

other organic substances. To recycle this garbage, Europeans allocate up to

$ 1,000,000,000 per year.

Plastic annually kills 500 thousand marine animals and 2 million birds, and thus

enters the human body through the food chain.

More than 100 million people have already died from environmental pollution. In

the middle of the XIV century, the world was struck by the epidemic of "black

death" - the bubonic plague, it destroyed a third of Asia and half of Europe. Killed 60

million people, and this horrifying figure is equal to the number of victims in the

Second World War.

PROBLEMS OF WASTE UTILIZATION

Humanity has been learning to recycle garbage since the 18th century. In 1874, the

British made the first attempt to extract energy from garbage. In the city of

- 5 -

Nottingham, the first "destructor" (steam engine) - a device for destroying the

structure of solids - was launched. The destructor partially used combustible

wastes as fuel. Later such machines were used to produce electricity. Until now,

there are thermal power plants in the world that use garbage as fuel.

Most countries use 2 ways of recycling garbage: incineration and burial.

Incineration uses up to 95% of garbage, but the problem of incineration is that in

many countries there is no culture of trash sorting, and light bulbs and batteries get

into the furnace. When they are disposed of, heavy metals and poisonous chemicals

such as chlorine, sulfur, dioxin, furan are released into the air. This pollutes the

environment. As a result, people living within a radius of 25 km, often suffer from

cancer and other diseases.

The economic problems of incinerators are that they function exclusively through the

processing of garbage into electricity and heat, and receive state subsidies for the

disposal of garbage. But the sale of electricity is not profitable in countries with

cheap electricity, such as Kazakhstan, Russia, Ukraine, Belarus, and others. And state

subsidies are paid less and less every year.

Separate collection of garbage solves the problem of the release of toxic substances

into the atmosphere. For competent sorting, city dwellers must detach hazardous

substances from household waste at home. However, only 10% of countries with high

social responsibility, such as Japan, Germany, Switzerland, etc., are prepared for

separate collection of garbage. The rest of the countries are seriously affected by the

pollution of the environment, since they simply dig in garbage or pollute the air with

heavy metals thrown out by the Incineration Plant.

- 6 -

Burial - is the most common and ancient way of garbage disposal existing more than

3 000 000 years. Until the 20th century, garbage was only bioorganic, and nature

coped with buried garbage. With the advent of polymer and plastic products, burial

has become not only useless, but also unsafe. Buried plastic decomposes to 1000

years, and toxic substances pollute the environment, getting into ground water, soil

and air.

PROCESSING OF WASTE IN KAZAKHSTAN

Burial of garbage, unfortunately, is the only way to utilize solid waste, medical,

industrial waste in Kazakhstan. To do this, all garbage is exported to specially

designated polygons.

There are 87 cities in Kazakhstan, including 2 cities of national importance, 38 towns

of regional significance and 47 cities of regional significance.

The population of the country is 18,157,078 people (2018).

https://ru.wikipedia.org/wiki/Казахстан

- 7 -

The annual volume of garbage exported to landfills in Kazakhstan is estimated at 6-7

million tons.

The volume of accumulated garbage in landfills is more than 100 million tons.

The processing volume is no more than 5%, the remaining 95% go to burial in

landfills.

- 8 -

3. THE ESSENCE OF THE PROJECT

Greentoken offers token holders to become co-owners of a large-scale and

environmentally friendly project and receive a lifetime earnings from mining.

We want to protect our participants from routine work on a mining farm and offer to

participate in a special project, namely in the possession of a mining farm with a

lifetime free «green» electricity received from garbage processing based on

innovative German technology. This means that our farms are 25-50% more

profitable farms in any other country in the world (on account of using free

electricity).

Farms will be able to provide the ability to mine the crypto currency to their owners.

We provide a transparent system for the distribution of tokens through the ETH smart

contract, which directs revenues from the Greentoken mining farms to each

participant.

Greentoken distributes the newly obtained (with the help of mining) crypto currency

to the account in the users' personal account. The withdrawal to the purses of the

owners is carried out once a month, in order to minimize transaction costs. You will

be able to drop the crypto currency from the project for as long as the entire mining

crypt industry will live.

Each token of Greentoken project gives the right to mine the crypto currency from

the capacities of the mining farm perpetually, in percentage, depending on the GTN

tokens purchased.

- 9 -

4. LOCATION, MAINTENANCE AND SAFETY

The company "Invest Ecology Limited" and the management of the project

Greentoken seeks to provide impeccable service and create an innovative and

promising project for our participants. For permanent and safe operation of miners, 5%

of the extracted crypto currency is allocated for maintenance, depreciation and

maintenance of equipment.

To guarantee uninterrupted operation, we invite LORDCOM company with 5 years

of experience in the delivery, installation and maintenance of industrial mining

farms. Since physically the farms will be located on the territory of the plant, they

will be provided with round-the-clock paramilitary protection. Our participants

will not have to worry about stable operation and security, they will only receive a

withered crypto currency from the mining capacity.

OUR PARTNER

«LORDCOM» Company

«The company has been operating in

the market of Kazakhstan for more

than 5 years and managed to establish

itself as a leader in the field of mining.

In order to become an expert in the

field of mining, our specialists

thoroughly studied the most advanced

technologies of China and collected all

the baggage of knowledge in this

direction. To date, the company's

- 10 -

turnover is more than 2 million dollars. At the moment, LORDCOM is engaged not

only in the sale of equipment mining, but also in its assembly. There is a

round-the-clock customer support (Support). If there is no room for equipment, the

company is ready to offer the Data center services where your equipment will be

monitored 24/7 with the possibility of remote access».

www.lordcom.kz

- 11 -

LOCATION OF THE PLANT

10 km from the city of Taraz, Republic of Kazakhstan

Land for the construction of the plant

18Ga

The garbage polygon

Buried -

1,000,000 tons

Railway

- 12 -

5. PROCESSING TECHNOLOGY

The factory will be built on the basis of the German technology of a

high-temperature pyrolysis reactor. (Manufacture Germany)

Scheme of reactor operation

Through a deep 6-stage synthesis gas purification system, the MSW in a pyrolysis

reactor without oxygen and at a temperature of up to 1300 ° C decomposes into gas

fractions, not throwing dioxin, furan and heavy metals into the atmosphere.

- Continuous feedstock loading in the reactor - the operating time is 8000 hours per

year

- The consumption of synthesis gas for maintaining the temperature is not more

than 12% of the produced gas.

* High efficiency of the technology is achieved due to effective thermal

insulation, and the property of heat-resistant stainless steel used in the

manufacture of reactors.

- 13 -

CHARACTERISTICS OF REACTORS:

The reactor flasks are made of heat-resistant stainless steel, they work

continuously for 8000 hours per year. Equipped with a system of deep 6-step

purification of synthesis gas.

Once a year, prophylaxis is carried out: they are cleaned of soot and dirt,

parts are lubricated, bulbs and aggregates are inspected. Once in 10 years,

internal flasks are replaced.

Continuous loading of 3.2 tons per hour * 8000 h/year = 25 000 tons per

year (Equivalent to 5 MW/h).

Each reactor has a power reserve of + 20% afterload.

(you can get + 20% additional electricity).

ECOLOGY

Reactors are manufactured in Germany and comply with all German Federal

Emission Laws 17 Bim SchV (EU Directive 2000/176 EG), as well as all standards

for emissions of harmful substances.

Reactors are not explosive, since they operate at atmospheric pressure, without

creating excessive pressure. Garbage is recycled without contact with the

environment. The exhaust pipe does not require filters.

- 14 -

6. ELECTRICITY

When processing 50,000 tons of garbage a year, the reactors produce 28,000,000

m3 of synthesized gas.

Of these, 12% (3 360 000 m3) is used to maintain the operating temperature of the

reactor. The remaining 24,640,000 m3 are used for power generation.

Based on: 24,640,000 / 365/24 = 2,812 m3/h of syngas.

Consumption of synthesis gas for electricity generation:

270 m3 = 1000 kW/h or 1 MW of electricity. 2 812/270 = 10.4 MW/h.

To generate electricity, four gas-piston and gas-turbine power plants are used. The

power of each is 2500 kW/h. 4*2500 = 10 000 kW/h or 10 MW/h of electricity.

Reactor

Gas-piston power stations

- 15 -

7. PROJECT ECONOMY

WASTE-PROCESSING PLANT

The complex of equipment for processing 50 000 tons/year of garbage, consists of:

- 2 flameless gasification reactors of 25,000 tons;

- 1 sorting station;

- 4 power unit of electric power (gas-piston power stations).

The cost of the plant is $ 12,000,000.

The cost includes designing by the German engineering bureau, manufacturing and

delivery of equipment to the project site in the Republic of Kazakhstan,

construction and installation and commissioning.

Reactors and all plant equipment, modular and easily expandable.

Term of delivery, installation and start-up of reactors: 6-8 months.

The full turnkey construction of the plant: up to 12 months.

Functioning, protection, equipment maintenance and plant profit will be provided

by selling coke (carbon), metal, and secondary building materials.

This means that all of the above will not be wasted incomes from mining. Thus,

costs are minimized.

The payback of the plant without taking into account the surplus electricity for

mining is 5-6 years.

In addition, when generating electricity from a gas-piston power plant, 1.2 MWh of

thermal energy is generated per 1 MW/h of electricity, which will be sold to a

greenhouse farm built within the project, which is also an indirect income of the

enterprise.

- 16 -

INCOME FROM REAL SECTOR

When processing 50,000 tons of garbage, reactors produce up to 25-30% of coke,

which are used in industry as fuel for high-temperature furnaces and production of

various products.

Indicator name Quantity

per year Unit

Price,

$/unit

Income / $

in year

Coke (carbon) 12 500 tons $180 $2 250 000

Scrap of ferrous metals (1.2%) 2 400 tons $75 $180 000

Metal scrap of non-ferrous

metals (0.35%) 700 tons $1040 $728 000

State subsidies

For the disposal of garbage 50 000 tons $3 $150 000

TOTAL $ 3 308 000

* The buyer of coke LLC "NDFZ" (Novozhambul Phosphor plant), located 7 km from the

planned plant for the processing of MSW.

http://www.kpp.kz/en/stru_podr/ndfz

MSW Polygon

(Landfill)

- 17 -

COST OF MINING FARMS

For the mining, there will be a total of 6 MW/h of surplus electricity, up to 6000 of

the mining farms, respectively.

The cost of 1 farm of 8 video cards, an average of $ 3000 - $ 3,500 in the kit.

6000 * 3500 = $21 000 000

70% of equipment for mining will be on video cards, such as GPU-farm RX

Vega64, RX-470, GPU-farm 1080 Ti, etc., because in the long term they are more

profitable and reliable.

30% of the farms will be used by ASIC miners such as "Antminer",

"Innosilicon" and others.

With competent service and switching to the desired currencies, the income can be

from 200% per month. The currency for the mining will be determined by the

specialists of the service company from the TOP-20 crypto-currency, depending

on their cost, popularity and profitability.

Equipment for mining

- 18 -

PREMISES FOR MAINING

The company purchased a structure made of reinforced concrete for the installation of

mining farms.

Length - 96 meters; Width - 18 meters; Height - 12 meters:

The total area is 1800 sq/m:

COOLING

Due to the high ceiling in the room, as well as the availability of industrial fans and

air conditioners, good air exchange and cooling of the mining equipment will be

ensured. The walls of the room will be covered with solid concrete slabs with holes

for industrial fans. For the installation and maintenance of cooling systems,

specialized companies are involved.

- 19 -

8. TOKEN GTN

Placement of GTN tokens is carried out on the Ethereum blockhouse platform. The

issue of tokens will be strictly limited in order to avoid possible price and quantitative

manipulations by the project team. In the future, as the project progresses, the GTN

tokens will be generated. Owners of tokens will be able to not only store them, but

also freely buy / sell, exchange for fiat money.

Holders of GTN tokens are co-owners of equipment purchased with funds collected

after Token-Sale, and are entitled to receive a certain number of obtained

crypto-currency funds.

SCALE AND CAPACITY BUILDING

25% of the profit will be spent on reinvestment, scaling and building up of the mining

capacity. The accumulated capacity will be installed at the following plants, which

the company will build throughout the territories of the Republic of Kazakhstan.

"Invest Ecology Limited" will have an exclusive right to implement and supply

technology in Kazakhstan.

The distribution of income is as follows:

5% - Maintenance and amortization

25% - Reinvestment and Scaling

70% - Token holders

- 20 -

9. TERMS AND CONDITIONS OF TOKEN-SALE

GREENTOKEN

1. SALE TERMS AND CONDITIONS OF TOKEN-SALE

Token Sale will be conducted on the Greentoken Distribution platform, located at

www.greentoken.in

Simplified, the process of acquiring GTN tokens can be divided into the following

stages:

1. Token Sale participant moves to the official website of the platform at the

specified address and registers the personal cabinet.

2. After successful authorization, the user selects the payment instrument and

the number of ETH, BTC, LTC, DASH, BTH, which he is ready to

exchange for GTN tokens. Please note that when investing in any other

crypto currency other than ETH, the conversion rules will be applied, which

are described in detail in the legal documentation of the project.

3. Token Sale participant sends the selected number of ETH, BTC, LTC,

DASH, BTH, to the Token Sale smart contract.

4. The smart contract automatically distributes the tokens among the current

Token Sale participants to the previously specified ERC-20 compliant

wallets, according to the value of the token and the applicable conversion

rules that are installed at the current Token Sale stage.

5. After tokens are received, Token Sale participant can use tokens in

accordance with their functional purpose.

- 21 -

10. INFORMATION ABOUT TOKENS

Title Greentoken

Token ticker GTN

Amount of tokens 500 000 000

Type of the token ERC20

DISTRIBUTION OF TOKENS

Distribution GTN Amount of GTN Price $

PRIVAT PRE - SALE 5% - 25million GTN (sold) $ 0,05

PRE -SALE 10% - 50 million GTN $ 0,07-$ 0,10

TOKEN - SALE 65% - 325 million GTN $ 0,15

Bounty program 1% - 5 million GTN -

Team + Advisors 19% - 95 million GTN -

In the amount of 80% of GTN tokens will be sold to investors

PRE-SALE from 15.09.2018 till 15.10.2018 at 12:00 (PST)

Amount of GTN Bonus % Price $

1 week + 20% $ 0,07

2 week + 15% $ 0,08

3 week + 10% $ 0,09

4 week + 5% $ 0.10

TOKEN–SALE from 15.11.2018 till 15.12.2018г. at 12:00 (PST)

Amount of GTN Bonus % Price $

1 week + 15% $ 0,15

2 week + 10% $ 0,15

3 week + 5% $ 0,15

4 week + 0% $ 0.15

- 22 -

11. KYC / AML

Greentoken does not allow citizens and residents of Canada, the United States of

America, or citizens and residents of other countries to participate in the sale of

their tokens, with a full list of which you can find in the legal documents of our

project on the official website.

Based on consultations conducted with legal experts, GTN will sell its tokens in

full compliance with the rules and regulations related to KYC-identification

("know your customer") in all jurisdictions.

All holders of GTN tokens must undergo the procedure of KYC - identification in

the company's personal cabinet, otherwise they will not be able to participate in the

project and have the opportunity to maining the crypto currency.

Greentoken can collect and store information about its customers, as well as verify

their identity in accordance with international standards and data retention rules.

In addition, Greentoken complies with global rules and regulations on combating

money laundering (AML) rules and regulations, and will conduct token checks for

customers, in accordance with official policies.

- 23 -

12. ROADMAP PROJECT

Q-2 2017

The idea and the beginning of the formation of the project team

Development of a project for a waste processing plant and the idea of using surplus

electricity for mining.

Q-3 2017

Develop of concept and White Paper project

Calculation and analysis of surplus electricity, determination of project location,

determination of capacity and calculation of the enterprise's economy.

Q-1 2018

Launch of the 1-stage of the Greentoken "Privat Pre-Sale" project

Attraction of early investors, obtaining a land plot for construction, preparation of all

permits and legal documents.

Q-2 2018

Developing a smart contract and launching the site

Launching the site, developing a smart contract and personal cabinet, launching an

advertising campaign.

Q-3 2018

Launch of the 2-stage of the Greentoken "Pre-ICO" project

Analysis of the market of miners. Conclusion of contracts for the wholesale supply of

modern mining equipment and its further maintenance.

- 24 -

Q-3 2018

Construction and preparation of infrastructure for mining farms

Preparation of premises for mining of farms. Purchase and installation of equipment for

cooling. Preparation of transformers, power lines (LEP), installation of shelves and relay

protection.

Q-4 2018

Launch of the 3-stage of “ICO”

Holding the main ICO, purchasing and installation of equipment, carrying out Alpha

testing,

Q-1 2019

Running a farm's mining and commencing dividend payments

Completion of installation. Running the miners, checking all the elements. Publication of the

total capacity of the entire Greentoken farm. Start MINING!

Q-3 2019

Connection to the free network electricity from the plant

Completion of the plant construction, launch of reactors. Connecting mining farms to

electricity from waste processing.

Power development and scaling.

- 25 -

13. PROJECT TEAM

Askhat Kassymov

Paul Biller

CEO, Project Supervisor Partner and co-author of the project,

technology supplier

More than 10 years of experience in the

energy sector and renewable energy.

Member of the International Association

of Energy Engineers (AEE)

Certified Energy Manager

Founder of the Public Association

"International Association of Power

Engineers".

Businessman.

From 1989 to 1995 he created and

headed the engineering firm SODIS,

which was part of the group of

companies HI-TECH Invest. In 1995 he

was among the founders of the German

firm "GABEX GmbH". In the beginning

of 1998 he established the company

BILLER IMPEX Industrieprodukte,

which deals with advanced equipment

for waste processing to date.

- 26 -

Tony Eisenberg

Gustavo Vega

Project Manager PMP, IPMA

CEO of Atlantic Bridge Co. From 1998

to 2012 he was a research fellow at the

University of Information Technologies,

Electrical Engineering and

Telecommunications. From 2012 to the

present time he studies the sphere of

processing of organic waste into energy,

heat or liquid hydrogen by pyrolysis.

Engaged in the development of the

oceanic theme, studying the application

of pyrolysis technology in the water

space by installing reactors on sea

vessels.

Responsible for project management

The architect of the agricultural trade

model in the Ministry of Agriculture of

Ecuador. Colombia - CODITEQ /

Goldratt Consulting - industrial model of

reliability. Venezuela - PEQUIVEN /

PALMICHAL - Social project of EPR

"SISMODE" - Strategy and management

of application of information technology

- 27 -

Yerzhan Janabekov

Ruslan Ibrayev

Chief Engineer - Deputy Project

Supervisor

Financier, Analyst

Obtaining technical conditions, searching for

contractors for design and construction

works, monitoring during project adaptation,

control of assembly works execution,

preparation of documentation and passing

state expertise, project approval. Obtaining

all permits, conclusions and expertise for the

construction of the facility, commissioning

of the facility. Performance of works related

to state and controlling organizations.

More than 10 years of experience in financial

institutions: BRK, NCB, OHC, KPI Inc.

He graduated from Boston University.

Master of Science (MSc) Multivatsionnaya

trade. Carries out the analysis of projects,

financial position of the company, risks,

carries out marketing and financial Due

diligence, and also modeling, gives

recommendations on structuring of projects.

He evaluated more than 50 projects and 40

export operations.

- 28 -

14. ADVISERS

Alexander Onikienko Dmitry Kulikov

ICO is an expert and an investor.

The owner of the digital agency

"Zapusktor." Experience more than

10 years in marketing in Russia, the

United States and Asia.

Expert ICO Banch and the

International Blockchain Experts

Association.

More than 6 years of consulting families in

the field of investment citizenship and asset

management. Manager of the Closed Trust

Fund in London. Founder and gene. director

of St. Gallen - finance boutique.

- 29 -

Saiteja Kuruva

Blockchain & Cryptocurrency Researcher

With in depth knowledge of Implementation

of successful ICOS and smart contracts.He

has been working in Blockchain

implementations for more than 2 years now

apart from this he has Worked directly with

many ICOS as an advisor for Blockchain

&Cryptocurrency projects.

- 30 -

15. RISKS

The creation of the project and its implementation take place in the conditions of

the surrounding political, social and economic environment, which can create

additional risks for the operation of the enterprise. And these risks are not always

controlled by entrepreneurs.

1. Technical risks. The enterprise has the necessary technical base, infrastructure

and facilities. Employees of the enterprise have theoretical knowledge and

practical skills in their field. In addition, when developing a crypto currency, the

developers proceeded from the most pessimistic conditions.

2. Economic risks. Kazakhstan is an economically and politically stable state. The

foreign policy of Kazakhstan, based on the principles of multi-vector, is the

guarantee of sustainable development of the enterprise. In this regard, economic

and political risks are minimized.

RISKS OF THE MINING, AS BUSINESS

Like in any other business, earning income in mining is connected with risks. The

risks of mining are quite specific and closely intertwined with the dynamics of the

development of the crypto-currency market.

The income from mining in the growing market is higher. On the falling, respectively,

lower.

The growth rate of the Crypto-currency quickly attracts new investments into mining,

which are realized in additional computing capacities. Competition is growing, which

has a direct negative impact on the income of the miner.

- 31 -

The increase in computational complexity and equipment obsolescence reduces the

share of participation of the miner in the process of forming new blocks, and,

accordingly, in the generation of new coins.

The high dynamics of the crypto-currency market requires the miner to react quickly

to changes in the parameters of supported lock-ups - the redistribution of data center

capacities between crypto-currencies, the addition of new profitable ones, and the

elimination of crypto-currencies falling out of profitability.

Since the whole process of mining is based on the continuous operation of electronic

equipment, periodic failure or overheating leads to downtime of the equipment. From

how quickly the personnel of the miner reacts to the problems with the equipment,

the financial result of the activity largely depends.

In itself, the existence of risks is not considered a critical factor in making a

decision on investing in mining. Essential is the ability of the miner to manage

these risks, which includes the organization of round-the-clock tech. support, the

choice of the type of equipment that allows you to switch between block systems,

continuous monitoring and forecasting of the market by the analytical service and

other activities and tools that optimize work.