Baltreit SIA is a company, established by IT professionals in order to conduct different operations on the crypto-mining market, such as assembling and selling crypto-mining hardware, direct crypto-mining using own hardware as well as management of crypto-mining farms, owned by external parties. The company is constantly introducing new approaches in order to make mining process more efficient and achieve high profitability even in changing environment, which is observed on the crypto-mining market in 2019.
Baltreit SIA is looking for short-term bridge-financing amounting to EUR 850,000 for time period of 10 months, necessary for purchasing and assembling a set of mining hardware that will be afterwards sold to one of the company’s clients. The whole order consists of 1100 GTX 1080ti graphic processing units (GPUs) that will be set up inside special rigs of a custom construction. These rigs allow centralized management of the whole mining farm, effective cooling, and lower electricity consumption, resulting in higher net profit from one GPU. In their turn, aforementioned GPUs allow great operational flexibility, thus ensuring longer life cycle of the equipment built on their basis in comparison to specialized mining equipment that can mine only specific crypto-currencies.
"The Nvidia GeForce GTX 1080 Ti is packing 3584 CUDA cores, 224 texture units and 88 ROPs. It comes with just a notch less video RAM than the god-like Titan X, but the 1080 Ti’s 11GB complement of GDDR5X VRAM is tuned to a faster 11Gbps – clearly Nvidia is a fan of Spinal Tap – making this Nvidia’s quickest Pascal card.
There’s no question the Nvidia GTX 1080 Ti is a performance beast, running at a base 1480MHz frequency and 1582MHz when boosted." TechRadar, September 2018
Interest payments to investors will be covered by the income from other Baltreit SIA projects. Repayment of principal will be made from the money, received from the purchaser of the equipment.
Cryptocurrency market experienced exponential growth during the last 2 years with total capitalization exceeding USD 180 billion in April, 2019. This is a rapid increase from beginning of the 2017, when gross capitalization amounted to approximately 10 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 52% of total capitalization value. It is followed by Etherium with 10% and Ripple on the third place with 9%.
An increasing number of traditional institutions such as central banks, stock exchanges, and even some governments are demonstrating increasing interest to the blockchain industry market.
Envestio participant’s investment - EUR 1 000.00
Total expected return: EUR 1 146.28Investieren Sie in dieses Projekt
|Kreditnehmer||SIA “Baltreit”, Reg. Nr. 50003649181, Latvia|
|Finanzierungsziel||€ 850 000|
|Zweck des Darlehens||Financing of a crypto-mining hardware production process|
|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 guarantees + mixed type commercial pledge in favor of Envestio Collateral Agent|
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