Envestio informed today that a new investment opportunity is available at the portal to all registered participants.
By launching the project “Crypto-mining Farm 200GTX1080ti – 2nd half” (Project ID EN018051), by Baltreit SIA, an investment project owner that successfully completed several investment projects in the beginning of 2018, Envestio continues to expand the successful cooperation with the representatives of crypto-mining industry.
This loan is fully secured by mixed collateral and personal guarantee of the main beneficiary of Baltreit SIA.
As usual, you can invest any amount starting from 1 EUR. Minimum deposit to the investment account is EUR 100.
If you invest for the first time at Envestio don’t forget that you can get € 5 and a 0.5% cashback bonus for the investments made in the first nine months (270 days), more details HERE.
- High-yielding investment in crypto-mining sector, financing of a crypto-mining hardware production process.
- 22% planned annual return.
- Investment principal buyback is available at 5% penalty rate.
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 2018.
“Until either Volta or Turing comes along to replace it, the Nvidia GTX remains and will remain one of the most powerful graphics cards available in 2018. However, as good as it is a gaming GPU, it’s also an excellent mining GPU, but there are a few issues that stop it from ascending to the top of this list. For instance, it’s an extremely expensive GPU, and it draws more power compared to its competition. This means you’ll be getting less of a return on your investment, and it’ll take a while longer to cover your costs. However, if you don’t mind spending the extra cash for this GPU, (or if you want to game with the best graphics card around), then you’ll be happy with the results, as if you do a bit of tweaking you can reach a hash rate of 32 mh/s.” 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.
Baltreit SIA is looking for short-term bridge-financing amounting to EUR 75,000 for 6 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 200 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.
Cryptocurrency market currently experiences exponential growth with total capitalization exceeding EUR 220 billion in September, 2018. This is a rapid increase from beginning of the 2017, when gross capitalization amounted more than 10 times lower number, i.e. EUR 20 billion. The market remains highly volatile, however, the technology behind it is constantly developing and the involved number of important players is growing.
Bitcoin remains the leading currency on the market with around 54% of total capitalization value. It is followed by Etherium with 10% and Ripple on the third place with 8%.
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.
Sample repayment schedule
- 15.11.2018 – EUR 18.68
- 15.12.2018 – EUR 18.08
- 15.01.2019 – EUR 18.68
- 15.02.2019 – EUR 18.68
- 15.03.2019 – EUR 16.88
- 15.04.2019 – EUR 1018.68
Total expected return: EUR 1 109.68