Summit ICO Launch — Miner Hosting & Cryptocurrency Services

Summit’s goal is to create an extensive cryptocurrency universe with secure and simple tools that allow cryptocurrency to be accessible and easy-to-understand by all.

They have a wide variety of services, including a unique mining approach, that allows users all over the world to get involved in different aspects of cryptocurrency and mining. There’s a little something for everyone whether you’re focused on mining, investing, tracking and researching projects, selling hardware, or running your own node. Summit wants to be a one-stop-shop hub of resources for all types of crypto users.

Summit Services & Expansion Plans

Summit offers several services including:

• Summit Mining: Generate revenue through group buys of the most popular crypto miners and then split the profits with other customers.
• Summit Gravity: Invest in crypto projects with high potential. Summit projects 20–80% returns on these investments per year.
• Summit Quantum: Grow your cash with minimal risk. Summit projects return between 3–8% per year.
• Summit Research: Each week, receive a financial analysis report built by Web3 specialists on a cutting-edge new project.
• Summit Nodes: Delegate your crypto to Summit nodes or have your masternodes installed and hosted on the most secure servers in Europe. Your funds never leave your wallet with nodes.
• Summit Market: A marketplace for cryptocurrency miners to buy and sell their mining equipment at great rates.
• Summit Hosting: Host your cryptocurrency miners in secure facilities with competitive electricity rates. Sites utilize green energy and have an on-site team 24/7 to monitor, repair, and maintain your mining equipment.

Summit also plans to add more services and features for their users, including Summit Academy, Summit Bank, Summit Consulting, and Summit Technologies.

Summit Numbers

According to their website, Summit has over 5,000 clients, who have invested over €64M (nearly $70M). The farm has over 20,000 crypto miners across four countries (Russia, Canada, the United States, and Iceland) and the team has over 40 experts.

Their Mining branch alone has mined over €31M in cryptocurrencies. And their average electric rate per kWh is about €0.07 (or $0.076) across all of their farms.

Summit Mining

The way the Summit Mining operation works is that users can essentially contribute to the funds Summit uses to purchase miners. The Summit team does the research, purchases new and up-and-coming miner types monthly based on the funds they receive, and then configures the miners and maintains the farm. The contributing investors then reap the benefits of those miners’ earnings from mining, by splitting the profits. This allows investors to take advantage of wholesale prices and, in theory, reduces their risk.

Summit ICO

Summit is also currency running an ICO (Initial Coin Offering), where their goal is to raise funds to support the effort to make Web3 and cryptocurrency accessible to as many people as possible by creating a universe with simple and secure tools.

Summit has already raised over $6M and their Public Phase 1 is in progress. In the current phase, the price per token is €0.05454, and there are 50M tokens available. The minimum amount to invest in to this phase is €500 (about $544). Click here to learn more about the different phases of the Summit Token ICO.

Check out our full video review of Summit Mining below:

Summit Links:

Summit Mining (Get a 2% bonus with our link!): https://app.summit.io/auth/register?ref=PAZ3OF
Summit Direct Link: https://voskco.in/summitm
Summit White Paper: https://docsend.com/view/cs4jx6en4ttbq562
Summit on Twitter: https://twitter.com/summit_en_io
Summit LinkTree: https://www.summit.io/linktree

Thank you to Summit for sponsoring this article. This is not financial advice. Please do your own research before investing. For more cryptocurrency news and reviews, subscribe to the VoskCoin YouTube Channel!