Hosting and bringing true RWA to Web3
Last updated
Last updated
We believe the RWA narrative is poised to be one of the next big drivers in the crypto space. More and more RWA assets are going to look to tokenize their organizations and assets. But what about already established projects in the crypto space looking for RWA exposure? What can they do? They can host with MinePro.
MinePro will have 10,000 megawatts of power at their disposal, dispersed over 5000 acres of land. That gives enormous opportunity to host other projects in the crypto space looking for stable RWA revenue. Projects can allocate their treasuries and build their own operations providing them stable revenue for years to come.
MinePro will guide and onboard each project in the process of purchasing, and on-ramping their own infrastructure within our site. We will handle the relationship cultivation, and account management internally.
We will charge each client a % portion of their Bitcoin rewards every single month as a fee to host with us. This fee will be anywhere from 10-20% every month depending on the size and scale of the operation. That fee will then be shared back to $MINE stakers through the staking pool, allowing us to scale without the need for further internal investment. This fee becomes substantial when taken to the scale of 100 clients or more. It’s also important to remember that some clients may have substantially large operations with millions in Bitcoin being produced monthly. That would make the staking reward distribution substantially higher even with a lower number of clients to start.
Simple. For the opportunity to host at an unbeatably low rate of 2 cents per kWh all in. The team has been hosted all over the world, South America, Asia, Africa, and the Middle East. The very best hosting option we’ve ever seen is 4.5 cents per kWh, plus 15% of rewards, plus import/export tariffs. Our rate is so competitive that even with our % fee factored in, were confident that we’d still be less that 98% of operations available.
There are many, but the most crucial are:
Anyone who’s been in the mining space knows full well how important this is. Power providers in less developed nations may be able to offer cheap power, but they can’t control sporadic government regulations. Recently Paraguay imposed a 50% tariff on all mining operations instantly, with little to no voting or legislative procedure. We offer a stable and cooperative government within Alberta, which is fully compliant with all local utility authorities.
This is a big one. Getting low cost power usually requires hosting in a under developed nation. Often the native power grids are antiquated, running on generations old transformers, and circuitry. This simply will NOT work for Bitcoin mining. A mining operation draws a tremendous amount of power, and without adequate infrastructure, the project risks constant downtime, and exorbitant maintenance costs.
Tariffs –
A major problem with importing machinery are import and export tariffs. Most locations with competitive power rates are in locations that aren’t actively in open trade agreements. Paraguay and Argentina for example require a 35% tax just to import. That’s substantial for a multimillion dollar order of miners, but let’s not forget export. Same rate applies, which means essentially, you’re stuck in that country if any of the aforementioned issues arise. Leaving the hosting site after paying 70% in total tariffs just isn’t feasible.
It’s easy to see why MinePro will be such an attractive option for projects in the space looking to tokenize. We’ll deliver a safe, competitive, and reliable option for those looking for RWA exposure. Why buy real estate to maybe earn a fraction of a percent each month, when you can earn Bitcoin through MinePro at 5-15% per month? It’s an easy choice.
A lot of projects in cryptocurrency become stuck in the "start-up phase" of their roadmap, where they're building relentlessly but have yet to generate significant revenue with their platform. MinePro's hosting service will act as an immediate source of revenue for these projects that choose to onboard part of their treasury in hosting with us, having a mining allocations allows them to get off the ground faster by being able to use this revenue to pay the various costs associated with the ongoing building of a new project, as well as sharing wBTC rewards to their holders.
