The first Dominium venture.
The Dominium 22’ Investment Strategy for Crypto Mining
Always wanted to mine crypto? Overwhelmed by the details? Just buy a Dominium mining NFT for all the bang without all the buck.
Buying an NFT miner rather than shipping one yourself is better because: Hosting limits, Pre-order capability, Power rate, backup power, heat management, fire protection, ROI, and more.
The market is looking bearish. Is time to accumulate. When Bitcoin is not mooning it is time to buy blue chips, get into mining, and grow your bag. The most effectively way to turn 1 BTC into 3 BTC is to buy a mining rig with it. We do all the work, you reap all the benefit. Let’s dive in.
Mining 101
For those of you who haven’t delved too deeply into mining, here’s a basic rundown.
“Proof of Work” Mining is essentially the process of assigning a computer to solve complex block problems in order to mint new currency. Some miners directly mine Bitcoin. Some mine other cryptocurrency. It’s wise to convert coins you mine into ETH or BTC.
Hash Rate- A miner’s Hash Rate is a measurement of its mining power. For example, 30 mega hash = 30 million solution attempts per second, which is pretty incredible.
Types of Mining Rigs
You can break miners down into three main categories. ASIC, GPU, and FPGA.
ASIC miners require a lot of energy, are specifically built to mine, and therefore are usually the most profitable. They are heavy duty, and often the professional mining go-to. Dominium plans to acquire multiple ASIC miners in our mining facility. Primarily BTC.
GPU mining is when an individual acquires a series of graphic cards to get more computation power of your PC, thus turning it into a miner. This is traditionally the way that many “at home” miners make things work. With enough graphic cards, anyone can create a powerful rig using the GPU method. FPGA miners sit somewhere in between ASIC and GPU miners.
Dominium’s First Miners
The ASIC KD6 We’re pleased to announce that Dominium’s first foray into crypto mining will begin with the acquisition of multiple Goldshell KD6 ASIC miners.
KD6 is a well rounded, downright impressive ASIC cryptocurrency miner that will be available in 2022. With a Kadena hash rate of 29.2Tb/s, KD6 is projected to be one of the most profitable miners in the world. In accordance with recent profit calculations, each miner has the potential to average around $60 per day. As we accumulate our arsenal of miners, Dominium is building up a reservoir of the blue chip KDA with incredible long term potential.
KD6 Details
High Performance, High Profitability The KD6 has an efficiency of 0.1j/Gh, which is 380W more power than its predecessor. The KD6 hits around 26.3 TH/s. The high hash rate is a good indicator that the KADENA network is solid and consistent enough to support long-term mining. Because the difficulty of mining is increasing daily, high hash rates are a must. We won’t gloss over the universal downside to miners: high energy demand. The KD6 is no exception. The KD6 Kadena Miner has a voltage range of 176 to 264 volts. That being said, the high energy cost is paid off with massive computing power. This is one reason our operation is much more profitable at first and long-term than a home rig. The acquisition of crypto and the associated influence for good it will have in the new world offsets any worries of energy waste.
Temperature, Noise, Misc.
According to the manufacturer, humidity doesn’t pose a huge issue, as the KD6 should maintain peak performance in humidity levels as high as 95% and as low as 5%. The temperature, however, should be kept between 45 degrees Celsius and 5 degrees Celsius at all times. At 80db, the miner is a little noisier than usual. However, as we’ll be housing the KD6’s in our Dominium mining facility, this won’t pose an issue.
The Kadena Blockchain
Boasting smarter, safer contracts and “its revolutionary, braided multi-chain architecture, Kadena is the only scalable PoW platform capable of scaling to settle the 9+ million trades executed on the NYSE each day”[https://kadena.io/about/]. Since its launch in 2016, founder Will Martino and co-founder Stuart Popejoy have developed Kadena to provide solutions they felt nobody else offered. By weaving together multiple Bitcoin-like chains, Kadena claims unparalleled security and unquestioned long-term potential.
Conclusion
As always, Dominium is nothing without its citizens. We’re committed to transparency and clarity, which is why we put so much time into outlining each of our investments & endeavors. Please speak up with suggestions, concerns, questions, and comments! We need your input! Let’s accumulate, build, and place our bets. When the next bull runs, we will be on top.
