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Invest in VBit DC: VBit DC is a versatile trend-setter in the bitcoin mining industry. | Wefunder

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min $100

VBit DC is a versatile trend-setter in the bitcoin mining industry and we want to make sure all its supporting pillars are strong, and all threats are removed to maintain ongoing stability. We are committed to using only the smartest solutions – most powerful mining equipment, latest renewable energy sources and efficient facilities with some of the cheapest electricity rates in the world

Bitcoin is in the midst of a long bullish trend following the recently achieved all-time high and is embracing a huge volume of institutional support across a broad spectrum of different industry types, including hedge funds, asset managers, banks, corporate treasurers, insurance, and pension funds

What about mining? Institutions are now taking Bitcoin mining to a new level as well. Their entry is definitely a game-changer. In the past six months, they have poured over $500 million into Bitcoin mining, leading to major equipment cost increase, as well as their shortage

Due to increased interest, the total power consumption of Bitcoin mining in 2020 is estimated at 77.8 TWh per year which is the equivalent of the entire country of Chile. A single mining transaction uses 686.5 kWh which equates to 23.3 days of power for an average US household. With an average electricity price of $0.12 kWh, the cost of a single transaction is over $82! That seriously harms the profitability of the mining business

Additionally, this amount of power generation is estimated to add over 36.9 metric tonnes of carbon dioxide to the atmosphere which is the same as New Zealand in a year!

Our new Montana Data facility, entirely based on green, renewable hydroelectric energy, provides access to the cheapest electricity rates globally, plus cooler conditions making it an ideal place to turn dormant manufacturing plants into server farms to mine Bitcoin

In addition, VBit DC has a direct line to Bitmain, the largest manufacturer of mining hardware. We are able to source hardware and expand our mining operations when others can’t

We are in our “testing-the-waters” phase which means that, at this point, you are only reserving your shares and before our Reg CF Round is officially launched:

  1. No money or other consideration is being solicited, and if sent in response, will not be accepted;
  2. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is filed and only through an intermediary’s platform;
  3. Person’s indication of interest involves no obligation or commitment of any kind

Wefunder means Wefunder Inc and its wholly owned subsidiaries: Wefunder Advisors LLC and Wefunder Portal LLC. This page is hosted by Wefunder Portal LLC

VBit DC is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind