During the ICO period the HashHive project plans to attract investments up to 30 million dollars, selling the project token – CELL, is the equivalent of hash-power. Total amount of issued tokens – 2 167 000, from which:
- 90% Tokens sold during ICO
- 8% Company Reserve
- 2% Bounty
Token sale will take place from November 20 to December 19 in 2017. After completion of ICO, HashHive will purchase the site area and equipment to organize the data center. The launch of the Data Center is planned in the second quarter of 2018, and at this time, the first payments to investors will begin according to the marketing plan. According to the ROI of the project from the Whitepaper in the case of receiving planned $30 million within the ICO, HashHive will reach project capacity in 5 months.
The HashHive project is distinguished by the use of innovative technologies of cloud mining. It is planned to use immersion cooling system for mining servers, allowing them to consume less energy. This will be possible due to removal server fans and lower component temperatures.
As a part of the HashHive project, it is planned to install a gas piston engine, which is characterized by high efficiency and fuel flexibility, as a source of primary and backup power. The advantage of this technology in its high efficiency and fuel flexibility.
In future, with funds received from cloud mining, HashHive plans to create a network of data centers located in Russia and CIS countries. These centers will specialize not only in cloud mining, but also on other tasks.