Zmine is a digital currency mining platform that began its operations back in 2013 and based in Thailand. It began its operations with a unique business model dubbed We Rent Your Graphic Card (WRYGC). In this model, the company hires individuals' GPUs and sell out the computing power. The owners of the GPUs get their fees after every half a month. The company shares then profits after expenses 50/50 with the GPUs owners. In this arrangement, the user clients own their graphic cards once they buyShow more [+] the tokens and share the same rights as the GPU owners instead of just the hashing power like with cloud mining. Developers on this platform work to maximize profits rather than increasing the size of the farm. Zmine plans to establish a GPUs market where individuals willing to sell their GPU can get bids for the same. The company has partnered with one of the largest graphic cards’ distributor Strek. Co. Ltd to help in acquiring more cards to meet users' demand.
The site has some unique features including fast GPUs deployment, customized mining hardware, GPUs overlock profiling and coin mining switching.
ZMN is an ERC20 token that is not premined. It has a total supply of approximately 783,109,606. Its Initial Coin Offering (ICO) ended on May 13, 2018. The money raised will be used to buy more GPUs to enhance operations. Those who hold their tokens are eligible for airdrops, but they also have an option of selling them every 16th of the month at the market rate. ZMN is listed on BX Thailand, Trade Satoshi and Livecoin.
Zmine's team includes individuals with interests in encryption and decryption. The team members include Kasamapat Vithanwattana, CEO, Siwat Suksiri, COO, Wansarit Kheawvimon, CTO, Witthawas Boonyapinyo, Chief Engineer and Jirasak Prempojwatana, Director.