IDEA easyMINE
easyMINE is designed to simplify and streamline the process of setting up, expanding, and managing a cryptocurrency mine. It will provide a complete software solution for easy setup and maintenance of mining equipment.
easyMINE is aimed at both complete beginners, interested in launching their first mining machine, and experienced miners, who will appreciate the increased efficiency and control our solution can bring to their mining operations.
Principles of Operation
The functionalities provided by easyMINE fall into three general areas:
automatic configuration, automatic mining, and comprehensive mine management. On the first boot-up, the eMOS system will take over and automatically execute the necessary set-up and optimization routines. This may involve GPU BIOS flashing, GPU core voltage adjustment, CPU/GPU/memory clock frequency adjustment, and so on. All operating parameters will be preselected from the central “knowledge base” of configuration and performance data, and then further optimized in order to achieve maximum stability and efficiency.
In the fully automatic mode, easyMINE will be capable of operating without human input or supervision. It will dynamically optimize hardware and software settings, based on the given device’s own performance history, as well as on performance data obtained from other units. It will also automatically select the most profitable currency (based on current exchange rates, block difficulty, power consumption, etc.) and the best available mining pool (considering, for instance, network delays and congestion). Lastly, the system will be able to manage the mined funds, performing currency conversions and depositing the profits to appropriate wallets.
Platform architecture
The easyMINE platform consists of the following modules:
1. easyMINE OS (eMOS)
A custom Linux distribution optimized specifically towards cryptocurrency mining. Includes all necessary system components, GPU drivers, pre-installed mining software for a variety of currencies, and an easyMINE script package for hardware management and communication with the easyMINE server. Developed under an open source license.
2. easyMINE Server
The main module of the platform. Controls the operation of individual mining
machines. Relies on AI-based performance optimization algorithms to adjust hardware settings (BIOS version, core voltage, clock frequency, etc.) and mining parameters (currency, pool, etc.). Collects performance data and makes it available to users.
3. easyMINE Dashboard
Administrative module. An online configuration and management interface, accessible via web browser. Enables remote monitoring of and control over mining machines connected to the easyMINE server.
4. easyMINE Mobile
Administrative module. A dedicated mobile application for iOS and Android devices. Allows for remote management of mining machines connected to the easyMINE server. Additional, minor modules may be developed to support additional functionalities dependent on special-purpose hardware (e.g. remote hard reset).
The easyMINE Differences
At present, no comparable mining management platform is available. The wide and unique feature of EasyMINE sets it apart. We have always believed in a solution, commercial and non commercial.
- Complete
- Easy to use
- Comprehensive
From a single remote dashboard, easyMINE will provide access to and precise control over every aspect of a mining operation: from initial set-up, to inventory management, to performance monitoring and optimization, to troubleshooting and maintenance.
- Near autonomous
With easyMINE, every step of the mining process can be fully or partially automated. At its most autonomous, the system will rely on an array of selfconfiguration, self-optimization, and self-management algorithms to operate with no or minimal user supervision.
- Learning independently
Advanced learning techniques and data mining techniques will allow easyMINE to dynamically refine its operating parameters for maximum efficiency. The optimal value will be determined through analysis of performance data collected in a centralized knowledge base. "Lessons" from a particular mining machine will be applied to improve the functionality of other similarly configured units.
- Scalable and extensible
Designed to provide a consistent level of usability and convenience regardless of the number of mining machines under its control, easyMINE is suitable for small, growing, and moderately large mines. In addition, it can be easily extended to support new currencies, mining algorithms, wallets, etc.
Our Goals
Within the scope of the easyMINE project, we intend to:
- Build a complete software package needed to run a mining machine. The software will be based on a dedicated operating system distribution and ready to install to a USB flash drive. It will enable remote configuration and administration of mining hardware.
- Develop a dedicated mining machine management platform. The platform will allow users to inventory their hardware, configure it, and control its operation. It will automatically select and apply optimal configuration settings (BIOS modifications, CPU/GPU/memory timings, etc.) and respond to malfunctions and errors.
- Create intuitive and easy-to-use access interfaces for hardware monitoring and control. A web-based dashboard and a dedicated mobile application (for iOS and Android devices) are planned.
- Build a hardware specification and configuration knowledge base for the purpose of automating the performance optimization process.
- Provide configuration presets for a wide variety of mining setups and cryptocurrencies.
- Develop automatic currency and mine selection algorithms.
- Establish new, dedicated cryptocurrency mining pools.
- Create a wallet mechanism (in order to make first steps easier for beginner miners).
- Introduce a cryptocurrency trading functionality tracking exchange rates for different currency pairs.
- Provide a sales platform that will allow third parties to distribute hardware components as well as pre-built mining machines.
At a later date, we also want to develop hardware solutions that will simplify mine management for users operating a large number of mining machines (remote restart devices, PXE servers, etc.).
easyMINE Tokens (EMT)
To fund the project, we will issue 33,000,000 easyMINE tokens (EMT). The tokens will be based on the Ethereum Classic (ETC) platform and managed using existing ETC solutions, such as ClassicEtherWallet.
The token pool will be divided as follows:
- Crowdsale participants : 27,000,000 EMT (approx. 81.8%)
- Pre-ICO buyer bonuses : 2,000,000 EMT (approx. 6.1%)
- easyMINE development team : 1,500,000 EMT (approx. 4.6%)
- Project advisors : 500,000 EMT (approx. 1.5%)
- Bounty program : 1,000,000 EMT (approx. 3.0%)
- easyMINE Corporation : 1,000,000 EMT (approx. 3.0%)
Tokens will be distributed at the conclusion of the crowdsale. Unsold tokens will be burned. No additional tokens will be created at any point during or after the sale. Tokens allocated to the development team, project advisors, and easyMINE corporation will have a 180-day vesting period, after which they will be released to holders at the rate of 0.5% a day.
EMT tokens will be listed on exchanges in the third quarter of 2017 and EMT tokens will be used as the sole form of payment for easyMINE services. easyMINE users will make prepayments to their individual EMT accounts. Fees for easyMINE services will then be automatically deducted from the account balance. easyMINE Corporation will continue to burn part of EMT tokens received in payment for its services until only 3,000,000 remain in circulation.
Initial Coin Offering
27,000,000 EMT tokens will be offered to the public through a crowdsale. The sale will continue until one of the following conditions is met:
- 500,000 ETC is collected, or
- 27,000,000 EMT tokens are sold, or
- 98,000 blocks are added to the ETC blockchain (i.e. approx. 34 days have elapsed).
The crowdsale will follow descending price auction rules, i.e. the token price will decrease continuously throughout the entire sale period. The price will be lowered by 0.000001 ETC every block, from 1 EMT=0.2 ETC to 1 EMT=0.002 ETC. The EMT purchase price will be determined at the close of the sale and will be the same for anyone who sends ETC to the specified contract. (In this way, between 2,500,000 and 27,000,000 EMT will be sold, generating a capital of up to 500,000 ETC.) Unsold tokens will be burned, the ICO smart contract code will be made publicly available on GitHub prior to the beginning of the sale. The crowdsale contract address and starting ETC block number will be announced on easyMINE’s official website.
Example
John decided to buy EMT at the very beginning of the sale period, at the
exchange rate of 1 EMT=0.2 ETC. He sent 10 ETC, aiming to get 50 EMT. By the time Anna made her purchase, the price had dropped to 0.15 ETC. She wanted to buy 100 ETM and so sent 15 ETC. Tom was among the last people to get in on the crowdsale. He sent 2 ETC enough for 20 EMT at the rate of 1 EMT=0.1 ETC. At this point, the sale reached the required level of 500,000 ETC and was concluded. The EMT purchase price for all participants was set at 0.1 ETC (the lowest rate reached).
In this scenario, a total of 5,000,000 EMT would be sold (the remaining 22,000,000 tokens would be burned), and our hypothetical participants would see the following results:
1. For his 10 ETC, John would receive 100 EMT twice as much as he expected (early buyer bonus),
2. Anna’s 15 ETC would get her 150 EMT i.e. 50% more than she thought (early buyer bonus),
3. Tom, for his payment of 2 ETC, would receive 20 EMT exactly as much as he planned on buying
(no bonus, because he purchased the tokens at the lowest exchange rate).
All the ICO participants will also be eligible for additional rewards:
1. Free access to the Beta version of the system with a purchase of 100 EMT or more,
2. 50% discount on easyMINE services for a period of six month with a purchase of over 10,000 EMT.
Pre ICO Sale
To participate in the pre ICO sale, buyers will send an ETC amount to the pre ICO smart contract. The minimum required amount is 20 ETC. The pre ICO contract will immediately disburse an early buyer bonus, calculated at the rate of 0.02 ETC=1 EMT. The received ETC amount will then be forwarded to the ICO contract on the buyer’s behalf. It will be used to purchase tokens during the ICO sale, on the terms specified in the “Initial Coin Offering” section of this document.
The pre-ICO sale seeks to raise a maximum of 40.000 ETC. Any amount above this level will be returned to the originaling address. The pre ICO sale will end at a pre-set date prior to the beginning of the Initial Coin Offering or when 40.000 ETC is collected. Undistributed tokens from the pre ICO bonus pool will be burned. The pre-ICO contract address and sale start date will be announced on easyMINE’s official website.
Example
Jeremy decides to send 100 ETC to the pre-ICO contract. His instant early buyer bonus is 5.000 EMT. The 100 ETC is forwarded to the ICO contract, guaranteeing his token purchase during the crowdsale. The total EMT amount he’ll receive depends on the final EMT purchase price :
- At 1 EMT=0.2 ETC, he’ll receive 500 EMT + 5.000 bonus EMT, for a total 5.500 EMT. His bonus is 1.000%.
- At 1 EMT=0.02 ETC, he’ll receive 5.000 EMT + 5.000 bonus EMT, for a total 10,000 EMT. His bonus is 100%.
- At 1 EMT=0.002 ETC, he’ll receive 50.000 EMT + 5.000 bonus EMT, for a total 55.000 EMT. His bonus is 10%.
The potential for further development is great. For obvious reasons, we do not want to reveal too many details at this point. We would like to emphasize that we want to actively contribute to the blockchain community. We see it as part of our mission to promote the blockchain philosophy on the international arena by participating in important events.
Roadmap US :
Our Team :
The people behind easyMINE are a diverse, international group. The core of the team hails from Poland (developing software at GRUPA IT), but the project also involves participants from several other countries.
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Łukasz Żeligowski : CEO / Founder / Software Engineer
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Master's degree in Software Development. Work experience in Softbank i Bankhaus Metzler (Germany). Founder and CEO/CTO of several IT companies. Experience in development team management, blockchain, and artificial intelligence.
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Andrzej Belczak : CFO / Founder
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Master's degree in Banking and Finance. 25 years of business experience. Founder and CEO/CFO of several IT companies. Blockchain enthusiast. Experience in business law, administration, and management.
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Andrzej Buller, Ph.D. : Machine Learning Expert
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Internationally recognized authority on artificial intelligence, neural networks, and human-computer interfaces. Former coordinator of the Artificial Brain Project at the Advanced Telecommunications Research Institute (Kyoto, Japan). Author of numerous academic and popular publications on machine psychodynamics, dynamic-fuzzy logic, cognitive modeling, and neurocomputing.
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Witold Turzański : CTO / Lead Software Developer
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20 years' experience in software development, web servers, and big data.
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Tomasz Widanka : Senior Developer / Hardware Engineer
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Experienced software developer. Hardware specialist. Blockchain enthusiast.
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Dawid Gajek : Product Manager
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10 years in the IT industry. Experienced software analyst. Expert in reconciling business necessities with the users’ best interests.
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Michał Jankowski : Senior Graphic Designer
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Creative artist with a rich imagination and in-depth knowledge of technology and programming. 6 years' experience in graphic design and usability.
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Anna Kochańska : Marketing Specialist
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PR, marketing, communication, and product placement specialist with 6 years of industry experience. Dynamic, energetic, and positive.
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Przemysław Budziszewski : PR Liaison / Content Developer
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Researcher and educator by training, communication designer by passion. 13 years’ background in media and cultural studies.
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Łukasz Gąsior : Smart Contract Developer
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Smart contract specialist, highly involved in the Ethereum platform and related technologies. Member of the Ethereum Classic Scala client development team.
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Piotr Kosiński : Advisor
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Co-founder and CTO of Blockdiggers, a blockchain and cryptocurrency consultancy group. Programmer, software architect, and innovation manager with many years of experience.
Official Channels of Communication
easyMINE’s official channels of communication are :
The official easyMINE newsletter
- Webpage : https://easymine.io
- Twitter : https://twitter.com/easymineio
- Slack: https://slack.easymine.io
- Facebook page: https://www.facebook.com/Easymine.io
Post by : Dico88
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