We’d like to say Thank You for all the support and answer some of the common questions we’ve received over the last few days.
It has been a GREAT start to our campaign! We are so pleased to see such a positive response to our efforts to make the World or Crypto Mining, AI, and Big Data Processing more environmentally friendly and efficient. And, along with a lot encouraging words, we’ve received a lot of similar questions over the last few days. We figured it would be good to start out our first update by answering these questions for everyone’s benefit. These are some the questions we’ve heard most often:
When will your first MINTs be operational?
We are currently finalizing our first CAD models in parallel with creating Computation Flow Dynamics models to optimize our fluid cooling systems. We anticipate 3 to 4 more weeks of this work before we are comfortable enough with the design to send it off to our vendors to build parts for our first MINT prototypes.
What is the MINTs hash rate?
The MINT is a block of processing power that can include many different hardware, firmware, and software combinations. We plan to optimize the MINT for many different revenue generating tasks of which only one is traditional Crypto Currency Mining which involves “Hash Rates”. These “Hash Rates” can vary wildly with the complexity of their given algorithm and the difficulty of the blocks they are solving for at a specific time. It is simply impossible for us to state a certain “Hash Rate” without specifying all of those metrics and the date at which they were compiled.
What type of different hardware, firmware, and software are you using?
As mentioned above “The MINT is a block of processing power that can include many different hardware, firmware, and software combinations.” We have been trialing many different combinations of each to see what the best revenue yield could be once we apply these hardware, firmware and software solutions to our MINT. Once we are able to begin production of our MINTs as a field-deployable unit we will choose what best suits the processing needs we see at that time. We will also be developing several of our own proprietary processing tools for the MINT which could include any or all of the hardware, firmware, and software that the MINT will utilize in the future. For now, though, our focus is mainly on the MINTs architecture and initial deployment and not on proprietary hardware, firmware and software designs.
How does the MINTs solid state fanless cooling work?
We have a working fluid in the MINT that we use to cool all of the solid state components inside with a proprietary flow system. This distributes the heat evenly inside the unit and amongst the working fluid. That fluid dissipates its heat through the MINT’s case via convective air currents through and around the MINTs case. In this way, we can remove the heat without having internal system fans or fans in the MINT at all. This is in an effort to make the MINT as robust and maintenance free as possible.
How much energy does your MINT use?
This is very dependent on the internal hardware to the MINT, but we are trying to make the MINT a very easily deployable unit. So each one will roughly use between 8 and 10KW of power. This can typically be supplied via a 220v 50a plug or the unit can be hardwired into a building’s electrical system.
What kind of testing have you done to show that your MINT can perform better than traditional hardware?
We have been testing traditional hardware for several months now and have logged roughly 60,000 hours of data on our processing units and over 40,000 hours of specific chip and system energy consumption data. By comparing that data to that of well understood and researched fluid cooling methods, many of which will be used in a MINT, we have calculated how much energy we would save over traditional HVAC and air-cooled hardware configurations. This has shown us not only that the MINT could drastically outperform traditional air-cooled hardware but, because this is a distributed system with no need for active cooling, almost 100% of a traditional data centers cooling needs are abated. And cooling can be up to 30% of a data centers energy usage. This means the average MINT will have a huge performance advantage over traditional air-cooled hardware in a large data center type environment.
How will you pay for the space you use in buildings?
Each MINT can generate revenue by processing Blockchain/CryptoCurrency, AI, Big Data, Deep Learning, and many other information needs. All of these processes would be paid for by those requesting them or via their yield CryptoCurrency. These revenues will be shared with the property owners that host our MINTs to compensate them for their space and power. Each contract may be unique for these micro-space leases but the principal would be the same for all; let property owner gain revenue from their unused space and unallocated power distribution. All of these property owners have an asset in this extra space and power distribution. UniCoin believes they should be able to harness some revenue generation from these unused assets.
How many MINTs can go into one building?
The optimum number of MINTs we install per building is based on a variety of proprietary assessment factors we’ve developed working with large real-estate management firms and multiple property owners. As such, there is no single answer. In general, though, there is a ‘sweet spot’ for a number of MINTs in a given building such that they do not require any additional HVAC or facility improvements for hosting them.
Thank for all these great questions and please feel free to ask more in the comment area at the bottom of this page. If you have any doubts at any time about your investment, please see here for StartEngine’s cancellation process. And, PLEASE tell your friends about our campaign! It’s with YOUR help that we will be able to build the cleaner, more efficient and much more profitable processing solution this world needs!!!