![JvFFVmatwWHRfvmtd53nmEJ94xpKydwmbSC5H5svBACH7yFamXhhCdhBDa4RowR6Y7BRrySUqTfkf3yFSBXcrFMpJk9DWFTTvbQMHtebKQqBMHPRoSwJ7sztgHSKjxHrhKtqVej9Bc.jpeg](https://cdn.steemitimages.com/DQmcQjpgTMjvW1mhmGRtHohgCimCW5v8mZHEWFrUJiPG78G/JvFFVmatwWHRfvmtd53nmEJ94xpKydwmbSC5H5svBACH7yFamXhhCdhBDa4RowR6Y7BRrySUqTfkf3yFSBXcrFMpJk9DWFTTvbQMHtebKQqBMHPRoSwJ7sztgHSKjxHrhKtqVej9Bc.jpeg)
There is no denying how important cryptocurrency mining is within the cryptosphere. This is a process through which new cryptocurrencies are released and transactions of varying forms of cryptocurrency can be verified and uploaded to the digital ledger of a particular blockchain. The rate of increase in cryptocurrency mining has increased over the years in direct proportion to increase in number of coins on the market. 

However important cryptocurrency mining might be, there are several problems which are inherent in mining operations, these include;
- *The Spend to Earn Problem:* It is a known fact that the difficulty of mining increases as congestion increases on the network. This factor will definitely reduce your productivity, irrespective of how good you are.
- *Heating problem:* The intensive computational operation associated with cryptocurrency mining is bound to produce heat which reduces the efficiency of mining if the process goes on for a while.
- *Power problem:* There is of course, the power problem which is known to all within the cryptosphere. Miners need to have a powerful PSU to ensure stability of power supply. Anything short of this can disrupt productivity or even cause a crash.

Not to bore you with further details on the problems associated with cryptocurrency mining. My main goal of writing this article is to bring to your attention, a project that has to potential to remedy these problems.

# Introducing Batmine
[Batmine](https://batmine.io/) is a cryptocurrency mine which best depicts Blockchain Applied Technology. The team behind this project intend to create the most advanced, profitable and the fastest cryptocurrency mine ever. Batmine will be headquartered in Europe due to it's characteristic of being a crypto friendly jurisdiction. The importance of combining low electricity cost, low electricity usage per miner, and high hash speeds for the profitability of the mine are just a few of the key considerations while laying the groundwork for Batmine.

**Advantages offered by Batmine over other mining ICOs**
- *Primed location:* In situating a crypto mining platform, a lot of attention must be paid to the area as mining is known to consume a lot of vitality and drives production of noteworthy warmth which if not controlled can hinder the mining process. BatMine mining office will be situated in Czech Republic and the organization situated in Bulgaria in order to take advantage of the shoddy expense of power, cool atmosphere, bounty of work and quality IT staff, low duty rate, and a stable legitimate and financial condition. 
- *Multiple income streams:* The team behind Batmine intend to create income from superior mining of cryptographic forms of money, utilizing the best diggers accessible in the market and holding benefits from its task for the substitution of destroyed excavators, supporting of innovative work of quicker and more cost-effective mining chips.
- *Profit sharing feature:* The platform intends to share a percentage of the generated profit through the multiple income streams with its financial specialist and speculators in a legitimately consistent instrument known as quiet association.

**Batmine token and Tokenomics**
The official token of the [Batmine](https://batmine.io/) platform has a ticker “BATM" and it is a utility token which is based on the Ethereum blockchain. Most of the activities that can be performed within the ecosystem is largely dependent on the amount of BATM tokens in the possession of an individual.

The Batmine project has a softcap of €1 million and a hardcap of €19 million. The accepted currency for purchase of BATM tokens is Ether. 


**Team**
![99pyU5Ga1kwqSXWA2evTexn6YzPHotJF8R85JZsErvtTWXo33kfzNRtbTY9JG4mnkTTf2YLyeuamLxDrYMEwzkCaCM1SENFB22VjrMdMLJp1p9Uh3MLhsM9M5zkFHbyx4W.png](https://cdn.steemitimages.com/DQmWxtwbBUmqUqKkxMpnJbyc3sxh23maKnVHiMbxz7mRHBQ/99pyU5Ga1kwqSXWA2evTexn6YzPHotJF8R85JZsErvtTWXo33kfzNRtbTY9JG4mnkTTf2YLyeuamLxDrYMEwzkCaCM1SENFB22VjrMdMLJp1p9Uh3MLhsM9M5zkFHbyx4W.png)

**Conclusion**
We absolutely cannot deny the importance of cryptocurrency mining within the cryptosphere. This understanding should help us further appreciate the improvements being introduced by [Batmine](https://batmine.io/).

*If you intend to learn more about the Batmine platform, you can visit any of the following links;*
Official Website: https://batmine.io/
Whitepaper: https://batmine.io/wp-content/uploads/2019/01/20190110-Whitepaper-FINAL.pdf
Telegram: https://t.me/batmineICO

Bounty0x Username: tbossmitche
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