Green Crypto Mining Company Launches Digital Assets Security Offering

CHEYENNE, Wyo., May 18, 2021 /PRNewswire/ — Elite Mining Inc. (EMI), a Washington state company, is pleased to announce the official launch of its Series A providing of Class B widespread inventory underneath Regulation D, Rule 506(c) on May 7, 2021. EMI, a inexperienced immersion mining firm, began permitting buyers to buy its Class B widespread inventory pursuant to a SAFE settlement. 

The shares of Class B widespread inventory might be represented by blockchain-based digital tokens, which can be tradable on a secondary market sooner or later. EMI is at present exploring partnerships with various buying and selling techniques (ATS), higher often known as exchanges, that would doubtlessly broaden the supply and liquidity of EMI shares.

Details of the Digital Assets Security Offering

The providing started on May 7, 2021, and can proceed till December 31, 2021, or till the onerous cap of $10 million USD is reached. EMI believes its Series A spherical offers the chance to put money into inexperienced immersion mining at a horny low cost. The pricing of the Class B widespread inventory consists of a number of tranches, ending at $3 per share. The minimal funding quantity is $10,000 USD.

Minerset, a extremely revered identify within the trade, began off the spherical. Minerset shares our perception that the long run path of mining is with inexperienced renewable power.

About Elite Mining Inc.

Elite Mining Inc. is a Wyoming– and Washington state-based inexperienced cryptocurrency mining firm that focuses on probably the most environment friendly and worthwhile solution to mine totally different cryptocurrencies utilizing renewable power. EMI’s core operations focus on buying, putting in and sustaining immersion mining {hardware} to mine digital currencies, utilizing proprietary immersion know-how and the bottom 2% inexperienced power prices within the nation.

EMI creates and makes use of Elite Mobile Units and its proprietary Immersion Mining Pods (IMPs). These custom-made IMPs are used for EMI’s personal mining operation. The IMPs are additionally out there for buy to those that wish to go inexperienced utilizing immersion mining know-how to spice up earnings and renewable power to scale their operation. 

EMI is almost all shareholder of its subsidiary, Elite Mobile Units Inc. (EMU). EMU manufactures {custom} turnkey, vertically integratable cellular models that may simply be deployed domestically and internationally — with out the usage of semi-trucks, CDL drivers, or the expense of constructing a standard brick-and-mortar cryptocurrency mining operation (which has a a lot bigger carbon footprint compared).

What’s Next: Hosting Service at Super Low Costs

EMI is at present increasing its operations to incorporate internet hosting companies. This service permits purchasers to share the benefit of EMI’s low electrical energy charges, fixed up-time and full administration of all tools by our Bitmain-certified techs {and professional} EMI employees.

With {the electrical} infrastructure EMI has constructed throughout a number of areas and the contracts it is signed with electrical energy suppliers, EMI is anticipated to dominate the market due to this and its proprietary immersion mining know-how. These initiatives will add extra income for the corporate, enabling EMI to proceed being a frontrunner in accountable inexperienced power mining.

Contacts:

For extra data of the providing, contact: 

IR: James David, [email protected]

Forward-looking Statements

This communication accommodates forward-looking statements which might be based mostly on our beliefs and assumptions and on data at present out there to us. In some circumstances, you possibly can determine forward-looking statements by the next phrases: “will,” “count on,” “would,” “intend,” “consider,” or different comparable terminology. Forward-looking statements on this doc embody, however should not restricted to, statements about our future monetary efficiency, our marketing strategy, our market alternatives and beliefs and goals for future operations. These statements contain dangers, uncertainties, assumptions and different elements that will trigger precise outcomes or efficiency to be materially totally different. More data on the elements, dangers and uncertainties that would trigger or contribute to such variations is included in our providing literature, together with within the “Risk Factors” part of our providing memorandum. We can’t guarantee you that the forward-looking statements will show to be correct. These forward-looking statements communicate solely as of the date hereof. We disclaim any obligation to replace these forward-looking statements.

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SOURCE Elite Mining Inc.

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