The Vortex Network Plan
Mining, Minting, & Farming
Whichever is used, these terms refer to the actual process of creating crypto assets or causing to be added to the existing pool of actual digital coinage. Vortex in its initial holdings will be mining SHA-256 hashes, such as bitcoin, Namecoin, Bitcoin Cash, and others. Using a scanning code pool, our mining hardware will seek out and mine (perform transactions) on whichever coin (system) is generating the most profit at any given time. Mining will alternate between these systems at least every 12 hours, as indicated by the hash difficulty rate, or more frequently in the case of other mitigating factors.
The Vortex mining market has the highest initial rate of return, and serves as the fundamental, core competency of the corporate vision. Other crypto-companies may specialize in various subsects of the field — but, for Vortex, mining will always be core, and will always be profitable.
Mining does have its limits. Mining is the safe, solid, assured crypto assets foundation investment, as mining assures the existence and growth of these crypto currencies, without which their value becomes zero. Therefore, mining will by its very design and nature remain highly profitable. But in the years to come it may not always enjoy its present tremendously profitable growth trajectory. Hence, Vortex also has aggressive plans using our deep coin reserves to jump to the forefront and expand our operations to enter other spaces across the crypto universe.
Liberty Coin Farms
Our mining operation is set up to operate as many independently structured stand-alone LLCs, and our first entity is currently running with 120 miners (expanding soon to 480) which is a monthly revenue of approximately $250,000 gross, according to projections for November 2017, at just under 1MW of electrical use. Our mining location affords us 36MW capacity, which means our operation can scale to more than 22,000 miners or a monthly revenue of more than $15,000,000 gross.
Our overhead and operating costs are less than 35% of these figures at any scale — meaning, our initial monthly net would be just under $10,000,000 per month, just mining at the current value of bitcoin of $4,500 per coin. Obviously, if bitcoin continues to grow as projected, we forecast a cumulative valuation in excess of (2) Two Billion Dollars within 3 years (2020).
In addition to direct mining, we will immediately enter into the cloud mining sphere and capture significant market share. Our low electrical costs, and extremely low overhead position, will allow Vortex Cloud to complete at or below existing price points and use these customers as the base for our future hardware sales.
Contract mining is a niche target for the client who does not want to enter the bitcoin realm directly because they perceive it as too risky, but who can appreciate a short-term safe return of 20% on their money. This is a proprietary-note structure that will be asset-backed and will guarantee a rate performance minimum to our clients, mitigating their risk entirely to capitalize on the high end of the shared return directly.
There are only two existing manufacturers of bitcoin mining hardware. BitFury and BitMain. BitFury does not sell to the public, leaving 70% of the mining hardware market to BitMain. This is a serious marketing opportunity. Vortex has aggressive plans to disrupt this space by releasing a competitive product for internal use and retail/wholesale channels to facilitate wider consumer adoption.
Current untapped technologies will allow Vortex to market a sub-$500 device that is quiet, user-friendly, and designed to return greater than 40% ROI to regular consumers as easily as using a smartphone or other “internet of things” appliance. We believe this untapped market is significantly greater than 100,000,000 units at a $50 per-unit profit, resulting in a (5) Five Billion Dollar return in less than 2 years.
We have 3 additional devices in early development, which can perform at similar numbers and which can be designed, and then released concurrently with this appliance because they are in entirely different market niches.
“Altcoins,” as they are called, are the future. It is extremely unlikely that bitcoin or any other current coin existing today will be the single coin solution that will be required in a 21st century world market. For crypto currencies to be widely adopted as mainstream, the market cap will need to go from the billions of today, to trillions tomorrow. No existing coin can scale at the numbers needed.
For example, current bitcoin can process about three transactions per second. Doing the math, that means 10,800 per hour. This is resulting in as high as 30 minutes to complete a single transaction. This scale is fine for those who view bitcoin as a “reserve-like gold” and who seek to do movement of large sums like a bank wire, but it is crippling for those who want to see bitcoin used as a daily currency. A new currency is needed. And everyone is racing to be “the one” to develop it. Vortex is no exception.
There are four key elements this currency must deliver, and which no currency existing today does: (1) low cost and speed; (2) stable reserve value; (3) data retention and verification; and (4) consumer confidence and trust.
Bitcoin excels at #2 — it is the gold of the crypto universe. It is stable and proven. All of the problems with it are related to #1, where the more people adopt using it, the slower and more costly it becomes. There is no longer-term fix besides more miners and higher prices for bitcoin to incentivize the investment into more miners to support such a larger, expanding user-base. Bitcoin, being the oldest and totally open-sourced crypto currency, also excels at #4. It has no ability at all in #3, which is why Ethereum was invented.
Vortex & Liberty Coin
Vortex/Liberty Coin will pursue solving these problems and enter the race to develop the currency of the future. There is no measurable valuation which can be placed upon being part of this find, or being the lucky one whose coin is “the one.” Our focus will be to ensure the code-base used is the one supported by our hardware, and to make our capitalization following the “Apple” model of designing hardware and software that works together and avoiding the “Windows” problems of designing software to run on anyone’s hardware.
Wallets are the applications which interface between the public ledger and the end-user who wishes to access and secure their wealth. Vortex will develop a safe, secure, and fully-integrated application as part of our greater ecosystem of services and products.
Finance & Exchange
There are more than 100 crypto exchanges in the world. More than half of these trade at volumes lower than our expected monthly output. It does not make sense to pay them as a middleman when our production will be high enough that we can enter the exchange space with our own reserves, and undercut the buyer/sellers who do not mine.
Operating our own exchange will result in a 10% gain across the entire budget of our business: 5% from avoiding the conversion fees of the other exchanges we would be using, and an additional 5% when developing our own exchange customer base.