My idea Crypto Niagara is a bitcoin mining farm located in the Niagara Region, Crypto Niagara will use the green energy to produce bitcoin.
Stage
Concept Only
Industry
Computers and Peripherals
Location
Thorold, ON, Canada
Currency
CAD
Founded
January 2018
Employees
0
Incorporation Type
Not Incorporated
Company Summary
Crypto Niagara is a Niagara based bitcoin mining start up. Using green energy renewable energy and modular shipping container housed mining farms allows Crypto Niagara to rapidly expand while still maintaining profitability. My business model starts with producing bitcoint, then paying off the electricity which takes 25% of profits, after paying off the electricity I allocate 40% in crypto holdings and 60% in paying off hardware costs.