Bitcoin mining is the process of creating new bitcoin by utilizing Application Specific Integrated Circuits (ASICs) to compete with one another to solve a complex mathematical puzzle.
These puzzles consist of finding a hash that is equal to or less than the value the network is seeking. The first miner to solve the puzzle is awarded with bitcoin.
Liquid cooling uses a dielectric fluid that removes the mass amounts of heat, noise, vibration and dust from the Bitcoin mining equipment. The fluid is non-toxic, biodegradable, non-flammable and does not conduct electricity.
Through the elimination of heat, noise, vibration and dust, the lifespan of our machines improves dramatically, increasing production by 50% and providing a higher return on investment.
LMI is currently working with vendors to acquire additional liquid cooling equipment and implement them in our facility.
“The global blockchain technology market size is expected to reach USD 1,431.54 billion by 2030, growing at a CAGR of 85.9% from 2022 to 2030."
– Grand View Research
Unlike a single asset that fluctuates in value as market conditions change, Bitcoin mining provides enterprise value that will generate predictable income, even as the price of Bitcoin changes.
In a market environment with many barriers to profitability, we project exponential growth and provide our investors with predictable income.
We make this possible by generating monthly or quarterly income for our investors, even as the price of bitcoin fluctuates.
Our current focus at LMI is to grow our facility in Pontiac, Michigan to scale up mining, computer hosting and node operations in order to create one of the most efficient, effective and growth-focused Bitcoin mining facilities for our investors.
During a market downturn, we have separated ourselves from the rest through our preparedness and ability to capitalize on growth opportunities.
We are constantly looking for ways to reinvest capital back into our company to ensure that our mining efforts are the most profitable for our investors.
With the current drop in price of Bitcoin and the cost of mining equipment being discounted, we are able to purchase cutting-edge technology at a fraction of what the price was in early 2022, which dramatically reduces our cost per hash rate.
We are hyper-focused on continuously expanding our mining capacity with the goal of lowering our energy costs even further. We have long-term agreements in place to power, operate and maintain our facility efficiently.
✓ The facility has over 8kva of power, which is equivalent to 8 MegaWatts (MWs).
LMI will use the remaining funds generated each month to purchase additional equipment and expand mining operations, which will directly reward Seed Round investors.
✓ The power is sufficient for over 400,000 petahashes, which is capable of generating (at today’s price $16,700) approximately $500,000 per month.