Mining Express, the world’s 6th largest Ethereum mining company has held a conference at the Davinci ballroom of Le Meridien Seoul on 5th, with 250 people attending.
The interest in virtual currency(cryptocurrency) in Korea is enthusiastic. However, it is only concentrated on the ‘trading’ side. There was entry barriers for individuals to try ‘mining’ which is another way to get virtual currency in terms of making ends meet due to the electric power supply and personnel expenses.
Carlos(37) emphasized as, “Mining Express has become one of the strongest company in mining business, and through Ethereum Hardfork, we will be leading the blockchain revolution.”
”By obtaining 30 year operating right of an electric power company in Ukraine, became world’s 6th Ethereum mining company”
First, Carlos introduced the mining facility of Mining Express located in Ukraine in which he personally invested 180 billion KRW.
“The mining requires massive amount of electricity. Recently Mining Express has obtained 30 year operating right of an electric power company by contracting with Ukraine government. Currently we are at 15th in the world with 4,500 diggers, but soon we will be 6th as we start operating 18 thousand diggers for the Ethereum mining.”
The mining requires massive amount of electricity. Mining Express has developed one of the most advanced system in the world such as a cooling system connected to AI(Artificial Intelligence) and a fully automated heat emission system. When the Smart City project which starts from the end of this year is completed, electricity supply with the lowest price of 0.01 USD for 30 years will be possible, and this will make Mining Express to achieve Quantum Jump.
He also explained, “Mining Express will become electric power company. Currently, we have 10 thousand volt with 0.049 USD per kilo watt supplying line, which will be expanded to 150 thousand volt with 0.038 USD by August, and if the Smart City is completed, it will be supplied at 0.01 USD for 30 years. We will start 2 coins per 1 GPU multi mining then.”
The strength of Mind Express are cheap electricity cost, best facility in the world, digger supply solution, 24 hours management system and the founder’s 180 billion KRW advance investment. As the independent and stable electricity supply facility as the core value, the company diversifies its business to indemnify profit even in the digital currency bear market.
Carlos said, “We are aiming to mine 200% on investment. Currently Mining Express has 2 revenue models. The company is continuously increasing the hash power to make profit in mining. In addition providing graphic cards and computing power in the Hollywood CG(computer graphics) is generating profit.”
”Ethereum Hardfork launching in November will be the new revolution in blockchain business”
‘Ethereum Hardfork’ which will be launched in November this year is another main business.
He said, “Ethereum will be utilized in everywhere. Please pay attention to Ethereum Hardfork. It will be launched in Dubai with inviting our investors in November. It has limited quantities and this is another revolutionary favorable factor in blockchain business.”
Bitcoin, another virtual currency has limited its quantities to 21 million from the starting point. This has caused the birth of derivative BCH(Bit Coin Cash). On the other hand, Ethereum did not determine its quantity limit, which has brought price fluctuation problem.
He emphasized, “Ethereum is the best coin in the world. It will be used in various fields as well as the smart contract. Quick payment, too. The only disadvantage was that it didn’t have quantity limit. Ethereum Hardfork will be issued only 10 million units. The quantity limit itself will be the igniting fuse to the blockchain revolution.”
Carlos was born in Rio, Brazil in the family of Japanese father and Italian mother. At the age of 6, he moved to Japan and lived there for 31 years. He used to be an employee of subsidiary company of Honda Motor and he made a huge profit by investing Bit coin which made him to found mining company.
He said, “Blockchain was the turning point of my life. I saw the future digital currency revolution there and decided to be a part of it.” He came with Toni, Kenji, Danny, Steven, and Chris this time from Japan. They are his “family” business members.
“Korean people are diligent. I realized about Korean while visiting more than 60 countries in the world that everywhere I go, I see Korean restaurant. That kind of diligence and ability is what I want to do business with.” Said, Carlos.
He has visited Korea more than 40 times. “Korean food is great. I like Samgyetang and Bulgogi the most.” He said and grinned.
Park, Myunggi (2019.07.08) 카를로스 대표 “이더리움 하드포크, 블록체인 혁명 선도”.
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