We understand that the kind of hardware used in mining determines the efficiency of the entire process. In order to maximize efficiency, we use the powerful and efficient Antminer ASIC hardware to mine Bitcoin. This hardware ensures that the Bitway mining operation runs at optimal performance as a direct result of the proven efficiency and power the ASIC's.

As the headquarters are located in Norway, the low temperatures and hydropower electricity, mining activities will be massively more cost-effective, particularly over the long-term. The mining centers will be located in the north of the country along the same latitude as Siberia and Alaska. The price per KW/H is $0.06, meaning that the cost of the electricity is also accessible and competitive, which is an essential feature of any mining operation.

An initial coin offering (ICO) is a means by which funds are raised for a new cryptocurrency venture. ICOs enable new blockchain projects to raise funds by issuing crypto coins that represent an underlying asset. One such case is the Ethereum blockchain ICO, which raised more than $15 million in 2014. Projects funded by ICOs have since gone on to revolutionize the blockchain industry, and remain an attractive investment option to this day.