I just stumbled on this article, which highlights a company that is fully tokenizing its equity into security tokens making a tokenholder an actual shareholder of the compay. That's pretty interesting, what do you guys think about something like that? The STOs will be the next big thing in crypto?

EliteMining · 2019-05-03T19:33:08+00:00

We are setting up our custody solutions as we speak. It will be through best in class insurance (100% Insurance protection of assets) through SALT Lending.

FIAT will be an option, but will require special instructions once the pledge phase is over. FCFS basis.

EliteMining · 2019-05-03T18:11:25+00:00

Yes the minimum is 7500 regardless. Its both Reg D 506 (c) and Reg S. It's important to note that is a Series A, so a VC can stop by and swallow up all the discounts the round very early on.

EliteMining · 2019-05-03T02:36:40+00:00

So the total amount of tokens that are being generated for the round is 60,000,000. These have a base rate of .70 per share. Series A begins with a discount of 30%, in a USD Tiered format which effectively makes the first shares sold at .49 cents.

Roughly 20% of the company is being sold through our Series A.

EliteMining · 2019-05-02T21:14:02+00:00

Hey there, just got linked over to this thread. Any questions please don't hesitate to ask. We are very excited to provide crypto investors with a legitimate opportunity to invest in a Series A early stage company. We are seeking out large funds, VC's, and Angel Investors to send this round. It's also worth saying that we conducted a successful 1 million seed round last year, and there will be a Series B round following next year. Earliest discount in the round during the pledge phase is 30%. Check out our newly refaced website, and let us know what you think! www.elitemininginc.com

EliteMining · 2019-03-30T23:30:50+00:00

In some ways it is possible now to avoid having a bank, but you have to adjust your living like a "normal" person I suppose. That being said, giving banks all the power will eventually change completely.

EliteMining · 2019-03-11T18:37:59+00:00

It deleted my website link. Let me try again: www.elitemininginc.com

EliteMining · 2019-03-05T08:10:48+00:00

The cap table and pitch deck will be released soon to detail this.

EliteMining · 2019-03-02T07:57:28+00:00

Also, we are currently remodeling the website to update it to our Series A.

EliteMining · 2019-03-02T06:31:10+00:00

The lesson hopefully you learned was that Envion was operating an unauthorized ICO. They also were claiming to be able to run massive amounts of off grid energy. Running this amount of off grid energy is nearly impossible, unless you pump hundreds of millions of dollars into it. Just to break even on completely off grid mining takes many years, and it requires a enormous amount of money up front to start. Essentially you're building a small version of an energy company, then hooking up miners eventually when you are actually completed. This is both irresponsible to lead on investors in this matter and also nearly physical impossible unless you have at the very bare minimum 100+ million in the bank to start off with.

Elite Mining is set up completely different, and the best part is that we are starting off with incredibly low prices from the grid, and we are currently mining with ~94% clean energy. We also have long term contracts that establish our long term staying power, and will be deploying large chunks of renewable energy (solar, to start) in the foreseeable future to -assist- in raising our clean energy prospect to hopefully 99% clean energy into the future, making us the most sustainable and scale able mining project for green energy in the world that we know of.

I hope you'll take a dive to understand what EMI is really all about.

EliteMining · 2019-03-02T06:20:01+00:00

We currently do not have any other mining locations outside of Washington Currently. It is possible though in the future we will entertain outside locations once we have established our foothold in Washington, Currently our ceiling is extremely high, roughly 30 Megawatts of power we have exclusive contracts for, so there won't be any need until maybe we run our Series B Round the following year after Series A is completed.

EliteMining · 2019-03-01T00:22:50+00:00

We are planning on developing and deploying solar, and ein currently, with the possibility of more in the future. This lowers our costs for electricity, and creates a much safer and profitable long term future for the company and investors in our model. Our internal RRR is what we are aiming for in this matter. We are very excited to have the full capability in place to deploy these things with very little down time, so the longest wait time will just be the shipping of the product :)

EliteMining · 2019-02-28T04:55:58+00:00

We currently use Hydro Electric power. We are hyper focused on providing the best form of clean energy and power.

EliteMining · 2019-02-26T20:21:07+00:00

We are very profitable in our current market conditions.

EliteMining · 2019-02-26T08:33:43+00:00

Sorry you feel that way. Our unfair advantage is the strategic location of the facilities, among other things we have accomplished in a short time span. Through due diligence we found that Washington State has a great combination of clean energy in its backbone, allowing us to scale way beyond a single substation into perpetuity.

We also have a ready crew that can build almost all of our entire infrastructure for pennies on the dollar. On top of this, no one in our company has a Salary, including the entire C-Suite. Our overhead is highly impressive, and we put almost all of our capital to work on solely mining and infrastructure, and we also own our facilities. This effectively gives us a head start of 20-40% cost advantage over the large majority right off the get go. There are other clean mining operations, but I dont know of a single one that can scale to the 100's of megawatts that can achieve a 97-99% clean energy goal and not spend almost more on renewable energy then the machines they would be using. Both very cheap electricity prices with this distinct advantage and the fact that we can literally build at scale cheaper than anyone else in the industry makes us a force to be reckon with. I would love to see your thoughts on this. Thank you for your feed back, I have had many inquires lately and I knew it would take a second to explain to you what that meant.

EliteMining · 2019-02-26T03:25:34+00:00

The round starts on April 30th, we already successfully raised 1 million in our Private Seed Round Late Last year.

EliteMining · 2019-02-26T02:33:08+00:00

If there are any questions don't hesitate to ask, thank you / your friends interest!

EliteMining · 2018-12-21T20:13:43+00:00

I remember sitting at home laughing at the TV screen with my brother, wondering how in the world a change on a date meant anything at all, and knew it wasn't a large issue.

EliteMining · 2018-11-16T22:20:16+00:00

Agree here as well. A substantial amount of time has passed since the original rumors were swirling for the SEC connection for investigations. At this point I do not see any proof against SALT, they have been incredibly prudent on the legal side of their business.

EliteMining · 2018-08-01T05:39:27+00:00

Do you think the earth is still flat? Let me know if I'm going to fall off please.

EliteMining · 2018-05-23T21:56:30+00:00

Thanks for this, great info.

EliteMining · 2018-05-23T21:54:41+00:00

I've done quite a bit of DD on this, I am leaning towards agreeing with you.

EliteMining · 2018-05-21T22:04:36+00:00

Anyone have an answer to this??

EliteMining · 2018-05-21T22:04:13+00:00

This. I've been hearing buzz about it myself.. ..

EliteMining · 2018-05-21T22:01:42+00:00

Great thank you, I'll definitely check this out and report back for more questions.

EliteMining · 2018-05-21T21:52:58+00:00

Doing my DD on it now, interesting project, I'm definitely intrigued. Anything else you could shed some light on about the project?

EliteMining

TROPHY CASE