Mining / Property
Point of Sales
Exchange / Trading
Intellectual Property

Nu¥en Mining

Mining / Property

Mining is still the backbone of the Bitcoin network and how new Bitcoin, and other cryptocurrencies, are brought into circulation.

In the Bitcoin ecosystem, payments from one user to another are completed on a decentralised network. Mining is the peer-to-peer process that secures and verifies transactions that take place.

Once a transaction occurs, it is recorded and added to a public ledger by miners for all users within the system to access. A group of transactions is called a block and all blocks are secured and organised sequentially by bitcoin miners to form a chain. This organised digitised ledger of past transactions is called the blockchain.

Nu¥en has secured several large commercial facilities to operate its bitcoin mining operations. Each unit is equipped with the latest high-powered computing processors for optimum output of cryptocurrencies, including Bitcoin. With an energy efficiency technology we have been able to mine Bitcoin at some of the lowest levels the mining world has seen. What is Bitcoin mining ?

Nu¥en Pay

Point Of Sales

(POS) enables international travelling with multiple stopovers and only needing a single currency. We’re working with the most innovative companies and retailers who want to offer their consumers non-traditional payment options and a chance to experience a cutting-edge technology system.

Merchants have hesitated to add crypto POS systems to their businesses due to high fees and slow transaction time but with the new POS system, we’ve eliminated both fees and transaction times and improved the overall customer experience. It’s the dawn of a true global crypto payment gateway.

Merchants worldwide have been keeping a close watch on these developments. Benefits that appeal to merchants include expanded payment options, micropayment processing, secure and private payment networks, and full KYC and AML regulation. Low or no fees result in higher profits and faster payments improve cash flow. There are also fewer unnecessary declined transactions.

Consumers also receive many benefits from choosing to pay with cryptocurrency at a merchant who uses Nu¥en Pay (POS) system. Additional buyer-seller protection, instant payment, and simple peer to peer payments make giving away personal information completely unnecessary.

The Nu¥en Exchange

Exchange / Trading

Nu¥en will provide a gateway to cryptocurrency trading for general, traditional consumers by way of a custom-built digital currency exchange platform.

This helps investors transfer funds from traditional fiat currency into cryptocurrency via safe and private transactions facilitated through a select pool of comprehensive and insured services. Encompassing a team of industry leaders and operating under a regime of strict regulatory guidelines through the transaction process, Nu¥en prides it’s self on being smooth, secure, fully insured and protected under jurisdictional law. Having secured operational relationships with multiple trading and industry leaders, Nu¥en is able to offer quickly executed buy and sell orders at the best possible price and with full transparency through its partner program. Some of the benefits of trading through Nu¥en Blockchain’s trading relationships are competitive pricing, established reputation, a fast and streamlined purchase process, flexible trade limits, advanced security protocols, round the clock trading and a constant customer service and technical support team.

Nu¥en Power Block

Intellectual Property

The secure and encrypted nature of the Blockchain system makes it a strong application
on which to build an IP rights management solution.

Future proofing is something we have taken very seriously ensuring our buildings, properties and infrastructure stand the test of time. Capitalising on converting mining data centres to processing power and storage for small or large institutional companies.

With in-house physicists, engineers and partnering with one of the worlds largest engineering firms Nu¥en is helping develop mining technology that is fast changing the industry. With a 50% efficiency The Nu¥en Power Block enables miners across the globe to be profitable again ensuring the longevity to the crypto ecosystem.

This exciting technology has multiple real world applications making for a very exciting future.

OUR ROADMAP ROADMAP

Q2 2018

Start of project

2019

3rd mining datacenter operational combining to over 30 MW of potential power

Q2 2018

Securing two mining facilities

2019

Public listing on TSX-V

Q2 2018

OTC broking

Q3 2019

Exchange launch in Canada

Q3 2018

Operational relationships IP, Mining, Trading, POS

Q3 2019

Operational Illinois mining datacenter

Q1 2019

Commencement of construction on mining datacenter

Q2 2019

Increasing mining capacity

Q2 2018

Start of project

Q2 2018

Securing two mining facilities

Q2 2018

OTC broking

Q3 2018

Operational relationships IP, Mining, Trading, POS

Q1 2019

Commencement of construction on mining datacenter

2019

3rd mining datacenter operational combining to over 30 MW of potential power

2019

Public listing on TSX-V

Q3 2019

Exchange launch in Canada

Q3 2019

Operational Illinois mining datacenter

Q2 2019

Increasing mining capacity

Nu¥en Team TEAM

Envisioned from a wealth of proven experience in sales, marketing and financial management across international markets, Nu¥en Blockchain is the brain-chain of a strong management of industry-leading experts.

Jason Bak
Director
Greg Costello
President / COO
Ryan Lee
Vice President
Julian Moss
Advisor
Ryan Hill
Ops Manager | Sr. Systems Engineer

Crypto News NEWS

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Mining & Property Property

Nu¥en

Nu¥en Datacenter

100% ownership of 165,000ft2 (15,330m2) on 14 acres in the town center of Murphysboro, Illinois

Power cost US$0.033/kWh plus service charges

Currently 2.9MW of available power

Agreement with Solar Alliance to develop a 1MW solar array, expanding to 4MW

Average of 14 cooling days per year

Constructing colocation facility offering for small or large tenants

Hi speed fiber optics connected

Located within the Tax free enterprise zone

Planning expansion to a 10MW facility

Potential expansion to 34MW

https://goo.gl/maps/CVwgSStPxZL2

Nu¥en Pay

Datacentre Tech

600 zettabytes (600 trillion gigabytes) of information is created each year, which is 200% more than what current data centers can manage

To keep pace with the growth of data, 4,000 new facilities must be built by 2020

Each data center on average is 200,000 sqft. requiring 25 megawatts of power

Infrastructure can be easily converted into cloud storage or processing power

Now with the growth of digital currency & its hunger for power this is fast becoming a real world issue

Frequently asked questions FAQS

Below we’ve provided a bit of bit of information about Nu¥en and cryptocurrencies If you have any other questions, please get in touch using the contact form below.

Ever wondered how bitcoins are actually made?

Over the past several years, cryptocurrencies like Bitcoin have been quietly growing in popularity, with an ever-larger number of people buying and selling them. Now that Bitcoin has hit the mainstream and become a worldwide phenomenon, more people than ever are looking to get into the cryptocurrency game.

Cryptocurrency mining and the blockchain

Before getting to grips with the process of cryptocurrency mining, we need to explain what blockchain is and how that works. Blockchain is a technology that supports almost every cryptocurrency. It is a public ledger (decentralised register) of every transaction that has been carried out in that cryptocurrency.

Mining new blocks

As there is no central authority or central bank, there has to be a way of gathering every transaction carried out with a cryptocurrency in order to create a new block. Network nodes that carry out this task called dubbed 'miners'. Every time a slew of transactions is amassed into a block, this is appended to the blockchain. Whoever appends the block gets rewarded with some of that cryptocurrency. To prevent the devaluation of the currency by miners building lots of blocks, the task is made harder to conduct. This is achieved by making miners solve complicated mathematical problems called proof of work'.

Calculating hashes

In order to successfully create a block, it must be accompanied by a cryptographic hash that fulfills certain requirements. The only feasible way to arrive at a hash matching the correct criteria is to simply calculate as many as possible and wait until you get a matching hash. When the right hash is found, a new block is formed and the miner that found it is awarded with units of cryptocurrency. Think of it like one of those competitions where you have to guess the weight of the cake - only you get unlimited guesses, and the first one to submit a correct answer wins. Whoever can make guesses at the fastest rate has a higher chance of winning.