2. Mainly FinBit produce
money for self by mining
and renting computing
power, the mining pool
fees and the dealership
charges will also bring
their own share.
What we do?
Our team includes software
engineers and IT- experts
we have lots of good ideas
what we going to implement
for example we sell BTC for
credit what is also new in our
country
We have some new possible
ways to use NFC technology
3. You can not be any closer to the
virtuality than in FinBit.com
First mining pool in Scandinavian
and first in unique way in the world
andTranslated to several languages.
We use the most powerful
computers.
We are in element Project which
create to the Bitcoin a new
Blochchain.
we have very professional team to
create applications.
We will patent couple new
application ideas.
We have big marketing contract after
start up.
We approach huge market
advantage for knowing some details
of that what will be the best mining
module in future.
4. Financing
We own the company alone with my brother
We need funding what is capacity like 50-60k EUR which get doublet by Tekes,
Finnish organization
We need funding for the several projects
Bitcoin mining modules
Graphic 3D modeling modules
Applications running artificial
Business premises for rent
The company's costs (insurance, ltd fee)
Marketing
Websites
Patents
We safe part of the Bitcoins
for rise of exchange rate
5. Business idea shortly
FinBit will rent computing power for calculate graphics and also mine
Bticoins. We get part of the Nividia tesla k80 graphics card prosesors
for leasing agreement. Then we will have that kind of computing power
witch have much demand because Bitcoins Blockchain will renewed
more complex. In future ASIC prosessors will getting out for Bitcoin
mining so we have huge market advantage to rent computing power
what everyone needs.
We also sell Bitcoin mining modules and falling peripheral devices.
FinBit will be also set up Bitcoin mining pool where anyone who wants
can mine Bitcoins. We sell Bitcoins to the credit. We have also couple
good application ideas what is good to patent.
6. Mining virtual currency
To mining virtual currency there is
needed computing power, what
external users can be given. It is the
maintenance of accounting records,
where are block chain values, and
when the payer and the miner are
randomly made the same chain, the
money transfer is made.
For each currency is different
difficulties for block chain, because
of the amount of the miners and
released money.
For Bitcoin that happens every 10
minutes when 25 bitcoin is released
to random user for random block
chain. That block chain reward is
cutted in half in every four years.
Next time in 2016, in which case the
transfer fee will be raised.
7. In order to
In order for this company would be profitable, it's money
transactions strike the right point. Money, which is transferred
at the right time to produce a relatively victory in stock
exchange.
Buying computing power and renting requires proper
equipment. Currency is placed to the appropriate hardware to
the growing company.
When everyone's needs are met, then we can concentrate on
saving money and the value of lifting.
8. FinBit is able to be, exactly what
everybody wants, to be virtual.
Aatu Nieminen
General manager
eidu.nieminen@gmail.com
Asseri Nieminen
Project manager