Olympia Distribution Sp. z o.o. is a Polish wholesaling company that is dealing with import and distribution of more than 15 different product groups, including sale of different types of computer hardware on the European market. One of the business projects the company is actively working on is supplying European crypto-mining organizations with modern hardware that allows full use of the technology behind the blockchain and crypto-mining processes.
The company is successfully working on the European market since 2017. Olympia Distribution Sp. z o.o. is constantly developing new approaches and works only with the newest hardware on the market that allows making mining process more efficient and achieve high and stable profitability in unpredictable environment, which is observed on the crypto-mining market in the first half of 2019.
Olympia Distribution Sp. z o.o. has recently received a new order and signed a contract with the end customer for supplying 2 modern crypto-mining units of a larger scale. Now the company is looking forward to attract co-financing with help of Envestio participants in order to complete this project. The target amount is EUR 500,000 and investment horizon constitutes 8 months – term that is necessary for purchasing and delivering the hardware, assembling the mining unit, and receiving the final payment from the customer.
The mining hardware is going to be placed inside 2 standard 40-ft containers, equipped with industrial-type automated cooling system, allowing it to operate within approximately 70 degrees wide temperature gap (-35oC to +35oC). Following the placed order, the hardware filling of each mining unit is formed by 210-230 latest generation Bitmain Atminer S15 28TH Mining ASIC miner units with following characteristics:
Consequently, these mobile mining units are going to be one of the most powerful and efficient products of those offered on the global market.
Cryptocurrency market experienced exponential growth during the last 2 years with total capitalization exceeding USD 250 billion in May, 2019. This is a rapid increase from beginning of the 2017, when gross capitalization amounted to approximately 12 times lower number, i.e. USD 20 billion. The market remains highly volatile and is far from its peak values observed in January 2018, however, the technology behind it is developing continuously and the involved number of important players is growing.
During the last three months, some cryptocurrencies showed extremely positive performance if compared to the end of 2018 – beginning of 2019 period. For instance, price of Bitcoin, which remains the most popular crypto-currency, has grown by 46,85% in a 3-month perspective. At the same time, price of Binance coin, which is 7th crypto coin by total capitalization increased by stunning 256%, making it one of the most profitable investments available in 2019.
Bitcoin remains the leading currency on the market with around 56% of total capitalization value. It is followed by Etherium with 11% and Ripple on the third place with 9%.
Envestio participant’s investment - EUR 1 000.00
Total expected return: EUR 1 129.53Investieren Sie in dieses Projekt
|Kreditnehmer||Olympia Distribution Sp. z o.o. (Poland), Reg. Nr. 0000705275|
|Finanzierungsziel||€ 500 000|
|Zweck des Darlehens||Financing production process of 2 crypto-mining units built on a base of Bitmain Atminer S15 28TH|
|Rückzahlung des Darlehens||In full at the end of the Loan Period|
|Kapitalrückkauf möglich||Yes, 5% penalty rate|
|Zahlung von Zinszahlungen||Monthly, on a specific date|
|Typ der Finanzierung||Secured debt|
|Garantie vom Eigentümer des Projekts||Personal guarantee + mixed type commercial pledge in favor of Envestio Collateral Agent|
Investitionsrückkauf ist garantiert!
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