In China - Shenzhen:
We are presenting at The 16th Conference on International Exchange of Professionals, Shenzhen China
2018.04.14-2018.04.15. More information here.
In China - Shanghai:
Investors forum. Details available soon here.
In the United Kingdom - London:
We've organised more 1-hour Investor Seminars. Come along to learn more and meet the Directors.
- April 18 (Wed) 13:00 at The Clubhouse, 8 St James's Square, London SW1Y 4JU
- April 24 (Tue) 17:30 at The Clubhouse, 8 St James's Square, London SW1Y 4JU
- May 1 (Tue) 13:00 at The Clubhouse, 8 St James's Square, London SW1Y 4JU
- May 8 (Tue) 17:30 at The Clubhouse, 8 St James's Square, London SW1Y 4JU
Can't make a London or China based Investor Seminar?
You can still join in, meet the Directors and ask questions by attending one of the Investor Webinar series.
Webinar times are:
- Thursday 26 April 18:00-19:00
- Friday 27 April 13:00-14:00
- Wednesday 2 May 18:00-19:00
- Friday 4 May 13:00-14:00
- Tuesday 8 May 18:00-19:00
- Friday 11 May 13:00-14:00
- Wednesday 16 May 18:00-19:00
What the press are saying about us...
CITYA.M. - UK bitcoin mining firm Bladetec heads to China to woo investors
April 17, 2018
A large UK-based cryptocurrency mining company is heading to China in hopes of wooing new investors.
CityAM / Read Full Article
The Sunday Telegraph - Entrepreneurs plan to build Britain's biggest Bitcoin farm
March 18, 2018
A team of of entrepreneurs is planning to build a £10m Bitcoin farm in the South East that it claims will be the biggest in the UK
The Sunday Telegraph / Read Full Article
Bladetec: Decrypting the Bitcoin mine, block by block
March 13, 2018
The big business buzzword of the moment has to be Bitcoin. However, in order for a Bitcoin to exist, it must first be mined. This is a fascinating and highly complex process: all mines together form the global infrastructure that is needed to ensure Bitcoin transactions are completed successfully and properly. And in order to mine a Bitcoin, you need a dedicated, highly experienced team who know exactly what they’re doing. And so…
ENVESTORS magazine / Read Full Article
The mine will be built and managed by Bladetec Ltd. Established in 2002, Bladetec has, since inception, been focussed on highly advanced computing, supplying technology, consulting and integration services to the UK Ministry of Defence, NATO and The National Grid amongst others. The Third Bladetec Bitcoin Mine Ltd is the company’s third iteration of mining for cryptocurrencies, and the first where Bladetec is offering its services as a bitcoin mining management company.
The company is raising up to £10m equity. The number of shares sold (£1.00/share par value), at a minimum investment of £5,000 per investor, will determine the value of the company. The funds raised will be used to purchase the hardware and fund the electrity, site and admin costs. Unlike a traditional company there will be no overheads for marketing, sales and other functional costs.
Bitcoin (BTC) price used in illustration above is as of March 5, 2018 (£7,934, $11,573)
UP to Investment to be Raised
Expected IRR (per annum)
As shown in the graphic above, the Company has prepared four different projection scenarios; each based on different future values of Bitcoin.
There is further upside potential based on the appreciation in value of the currency.
Details of the Investment
Since the introduction of Bitcoin in 2008, the popularity and value of Bitcoin has climbed sharply. Although there are a limited number of Bitcoins in circulation, they have four useful qualities; they are hard to earn, decentralised from any government control, easy to transfer and are secured by the blockchain. Bitcoin has received a significant spike in interest over the past few months and is thought to be the cryptocurrency that has gained significance as an appropriate medium for transactions. However, due to the volatile nature of Bitcoin, investing in Bitcoin can be perceived as highly risky. Therefore, an alternative way to invest in Bitcoin is to invest in its production – mining.
How do we generate revenue
The Third Bladetec Bitcoin Mine Ltd’s mine will earn revenue through the processing of Bitcoin transactions, the reward for which is payment in Bitcoins, a process known as “mining”. Part of this process involves the solving of mathematical problems, which get progressively more difficult. The mine is envisaged to be competitive for the first few years but as mining technology improves, the mine’s competitiveness will decline. As the cost to produce Bitcoin outweighs the return, the Board of Directors will make a recommendation to sell the Company’s assets, i.e. the mine’s computational resources and Bitcoins accumulated. The proceeds from the sale will be in £Sterling and the net proceeds will be distributed to shareholders.
It is important to note that the rate of success in achieving these fees and rewards is directly related to two factors: the amount of processing capacity available globally (the global hash-rate) and the increasing complexity of the problems which are required to be solved (the difficulty). As the hash-rate increases, the difficulty increases, making it harder to succeed in winning or mining Bitcoins. It is possible that the company’s mine will have a reducing production of rewards and fees as the number of other miners increases, which has been included in the company’s financial projections.
The investment offer
The company is raising up to £10m equity. The number of shares sold (£1.00/share par value), at a minimum investment of £5,000 per investor, will determine the value of the company. The funds raised will be used to purchase the computer processing and fund the electricity requirements, Systems Administration, site and administration costs. Unlike a traditional company there will be no overheads for marketing, sales and other functional costs.
A proven exit strategy: after the two year time horizon, the Directors will evaluate the rate of Bitcoin mining and the current market value of Bitcoin to determine whether mining should continue or not. If the mining infrastructure is continuing to deliver a healthy flow of Bitcoins and/or the value of Bitcoin is not sufficient to justify a sale at that point, then mining operations will continue. Alternatively, if the Director’s decision is that it is in the best interests of shareholders for the company’s assets to be liquidated and all funds distributed back to shareholders, then that will be done..