Swiss Alps Mining and Energy (SAM) ICO review

[sri2693]

Swiss Alps Mining & Energy offers mining facilities in unused buildings in the Swiss alps, powered by renewable energy.Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for long- term stationary use. Thereby, SAE preserves the aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.



SAM Cubes


The flexible and modular mining cubes provide cutting-edge automation and require little maintenance. In addition to highly efficient ventilation units, an Organic Rankine Cycle (ORC) system is in the project phase. ORC systems use the waste heat of industrial processes (through a downstream steam power process) to generate electricity and thus use the waste heat generated by the mining process to recover energy. SAM Cubes are located at a high altitude and a therefore lowered boiling point of water, which facilitates this process.

The cubes are self-contained and operate autonomously. For extensive maintenance and monitoring, each cube communicates with the central management platform that monitors the cubes and assigns to each cube the optimal parameter to maximize mining for maximum profit.



SAM Power Plants

By means of direct participation in or the purchase of green power plants such as hydropower plants, photovoltaic systems and wind power plants, SAE does not buy but produce the sustainable and cost-efficient power to operate the SAM Cubes. These power-generating units are the so-called SAM Power Plants. The energy produced is delivered to SAE’s own cubes or halls, which end users/miners can also equip with their own miners. Due to problematic cooling and noise emissions of mining facilities, the demand for suitable premises and electricity is high. SAM can lease both premises and electricity to competitors.



SAM Centers

In each alpine area where Swiss Alps Energy AG is going to be operating cubes, a branch office will be installed; the so-called SAM Centers. This ensures that in addition to the benefits from the protection of cultural assets, the local municipalities may profit from tax revenues.

What is more, for on-site services such as on-call duty and security, local talents will be recruited and trained for deployment. The SAM Centers promote the economic viability of the respective community and may have a lasting positive impact on other sectors.



Swiss Alps Mining (SAM) links:

Website — https://swissalpsmining.io

Whitepaper — https://swissalpsmining.io/pdf/whitepaper.pdf

ICO Rating — https://icorating.com/ico/swiss-alps-mining-energy-sam/

ICO Bench — https://icobench.com/ico/swiss-alps-mining

ICO Marks — https://icomarks.com/ico/swiss-alps-mining

Social Media

Telegram — https://t.me/swissalpsminingICO

Twitter — https://twitter.com/swissalpsmining

Reddit — https://www.reddit.com/r/swissalpsmining/

Instagram — https://www.instagram.com/swissalpsmining/

[metall140s]

I have heard that this project is a scam.