Public Crypto BLOG: Global Mining Token - Purchase and Trade Cryptocurrency Mining Capacity

GMT Token is an Ethereum based token representing the right to purchase and trade Cryptocurrency Mining Capacity, or Processing Power (“Hash Rate”) at a discount on the Global Mining Platform website provided by OR Realbit. GMTs will provide cumulative and increasing discounts when purchasing different Hash Rates for multiple cryptocurrencies.

The GMT Project came into existence from a joint venture partnership between the people behind OR Blockchain Investments, which offers managed investment structures and vehicles for the world to invest in cryptocurrency markets and instruments, and RealBit Mining, official Bitmain distributor and premier data center manager and provider of hash rate, who joined forces to create OR-RealBit.

OR RealBit will be able to provide hash rate or processing power in all of the most popular cryptocurrencies in the market. Moreover, it will also through the Global Mining Platform provide the ability for token holders to sell and transfer their hash rate tokens to each other and third parties. If holders use the GMT token to buy hash rate tokens, then the GMT Token will be frozen until they sell those hash rate tokens.

GMT Mission

GMP aims to create, facilitate and maintain a global marketplace for hash rates as investment assets. Hash rate tokens will be sold at first, then be freely traded on our order book platform. GMT tokens will serve as facilitator offering cumulative discounts on hash rate tokens sold through the GMP.

GMP offers the easiest and less risky alternative; Here are its advantages:

• Very Easy to buy and start mining

• Offers an exit from principal through a market and order book
• Does not require surveillance by token holder
• Does not require token holder to purchase any mining equipment
• Full cost and revenue transparency, proved by hash rate capacity on the blockchain

The GMT Token provides cumulative discounts on hash rate tokens on the Global Mining Platform. The more GMT holders purchase the bigger the discount.

Hash Rate per Second Measures

Gigahash = (1000*10^9) or 1 Billion hashes per second
Terahash = (10^12 hashes) or 1 Trillion hashes per second
Petahash = (10^15 hashes) or 1 Quadrillion hashes per second
Exahash = (10^18 hashes) or 1 Quintillion hashes per second

Each GMT token represents the right to purchase Hash Rate Tokens at a discount.
Example: Token Price 0.05 Dollars

Each Hash Rate Token (BTCgh) represents 1 gH/s worth of hash rate minus energy and logistics cost and rent fee.

Hash Rate Revenue: The revenue created from mining your currency of choice
Effective Energy Cost: The energy cost paid out to mine your currency of choice2
Logistics and Maintenance Cost: The cost maintaining the software, peripherals and machines, including operational costs such as salaries, rent and repairs.
Rent Fee: OR RealBit ́s fee for managing the operation.

GMP PLATFORM

The Global Mining Platform (GMP) will be a state of the art gateway to mining cryptocurrencies. Miners will be able to check their daily balances and have their mining returns delivered to wallets of their chosing.
For the first time ever, token holders will be able to transact in Hash Rates. It will allow members to:

1. Purchase Hash Rate tokens
2. Allocate their Hash Power to mine the currency of their choice
3. Sell their Hash Rate tokens
4. Use their GMT Tokens to incurr a discount when buying Hash Rate Tokens

Upon using the GMT token, it will be frozen until the user sells his Hash Rate Tokens. At that point GMT Tokens associated with that user will unfreeze and be allowed to trade.

GMT Tokens provide a discount in the purchase of Hash Rate Tokens. Upon the purchase of a Hash Rate Token, you start mining to the wallet of your choice, Your GMT tokens will be frozen until you sell the Hash Rate Token. You may use your GMTs and discounts as many times as you want!

The more you buy, the more profit you will have when you apply your discounts to you purchase of Hash Rate!

ICO Information

Tokens will be offered on pre-sale for 30 days starting on November 1st, 2017. ICO date will be December 1st, 2017 and subsequent batch sales will take place each month until April 2018. There will be 3 batches after the pre-sale lasting one month each, ending March 31st, 2018. The offering will be open to the public globally. Token Pre-Sale Volume: 20 million GMT (1mm USD)

Pre-sale Start Date: November 1st, 2017 12:00 PM PDT
Pre-sale End Date: November 30th, 2017 12 :00 PM PDT
ICO Start Date: December 1st, 2017 12 :00 PM PDT