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1 Whitepaper DAGO-mining Extraction of crypto-currencies through green energy from a self-sufficient mine
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Page 1: Whitepaper DAGO-mining · DAGO mining has designed a mining system with three technologies all together: a high efficiency photovoltaic system that uses solar concentration panels,

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Whitepaper

DAGO-mining

Extraction of crypto-currencies through green energy from a self-sufficient mine

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LEGAL DISCLAIMER 3

ABSTRACT 5

ICO DETAILS 6

ICO STAGES 8

GUARANTEE FOR INVESTORS 11

RESTRICTIONS FOR INVESTORS 12

EXTRACTION AND RENTAL OPERATIONS 13

USE OF PROCEEDS 14

ROADMAP 16

CRYPTOCURRENCIES MINING AND CLOBAL ENERGY IMPACT 19

DAGO MINING’S SOLUTION 23

DAGO MINING EXCELLENCE 33

TEAM 35

GLOSSARY 39

REFERENCES 40

APPENDIX DISCLAIMER 41

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LEGAL DISCLAIMER The purpose of this White Paper is to present our idea, its technology, business model and the DAGO token to potential token holders, in connection with the proposed ICO/STO.

The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship.

Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with the intent of acquiring DAGO Tokens.

All relevant legal information is contained in the Token Purchase Terms and the Token Purchase Agreement.

This White Paper does not constitute an offer to sell or a solicitation of an offer to buy a security in any jurisdiction in which it is unlawful to make such an offer or solicitation.

Neither the United States Securities and Exchange Commission nor any other foreign regulatory authority has approved an investment in the tokens.

The DAGO token can be categorized as a security as it entitles token holders to receive the profits from mining operations and cloud mining.

The token is, as such, subject to certain restrictions under US security laws.

The DAGO ICO/STO is compliant with these rules and restricts access for US-citizens, greencard holders and residents of the US to the category of “accredited investors”, pursuant to the US Security Act Regulation D Rule 506 (4).

All relevant legal information is contained in the Token Purchase Terms and the Token Purchase Agreement.

Certain statements, estimates and financial information contained herein constitute forward-looking statements or information.

Such forward-looking statements or information concern known and unknown risks and uncertainties, which may cause actual events or results to differ

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materially from the estimates or the results implied or expressed in such forward-looking statements.

This English-language White Paper is the primary official source of information about the DAGO token.

The information contained herein may be translated into other languages from time to time or may be used in the course of written or verbal communications with existing and prospective community members, partners, etc.

In the course of a translation or communication like this, some of the information contained in this paper may be lost, corrupted or misrepresented.

The accuracy of such alternative communications cannot be guaranteed.

In the event of any conflicts or inconsistencies between such translations and communications and this official English-language White Paper, the provisions of the original English-language document shall prevail.

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ABSTRACT When cryptomining was still in its infancy, it was well distributed among a couple of thousand private miners, governed by transparent rules and not harmful to the world environment because the energy requirements were microscopic. During last years, all this has changed: Dutch bitcoin analyst Alex de Vries, who operates a Bitcoin Energy Consumption Index on the website Digiconomist, has produced estimates of growth of energy consumption and they are alarming. If bitcoin miners are using the most efficient machines possible, the lowest amount of electricity they could possibly be using is 39 terawatt hours, de Vries said in an interview. That's about as much as the entire country of Slovenia. De Vries said less conservative estimates make it entirely possible that bitcoin is using as much energy as Ireland, which consumes about twice as much as Slovenia, or about 1 percent of the U.S. total.

The problem is getting worse, said de Vries, who estimated the annual amount of energy consumed by bitcoin rose by a fifth in the final weeks of 2017. Even worse, the concentration of mining power in the hands of a couple of large corporations is distorting the formerly democratic decision-making process in these networks: changes in protocols and hard forks are in danger of being influenced by the economic interests of a few.

DAGO mining has designed a mining system with three technologies all together: a high efficiency photovoltaic system that uses solar concentration panels, combined with an innovative energy storage system in salt water batteries that will bring the farm to be self-sufficient in terms of energy in 12- 18 months from the start. The progressive construction and assembly of the hardware of mining uses high performance GPU (not only Graphics Cards) and ASIC Chip already on the market. Everything is cooled by “Immersion Cooling” in order to exploit the possibility of overclock without losing stability and durability. Using the dynamics of exponential growth for both, we promote climate preservation and the welfare of our token holders. It is the physical incarnation of the blockchain spirit: a robust and decentralized system that can withstand disruptions in government policies, price structuresand the energy supply.

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ICO/STO DETAILS

The DAGO token is an ERC-20 standard-based Ethereum token. DAGO tokens grant their holders the right to:

• Receive 50% of the mining activity divided as follows: 40% paid monthly, 1 month after start

• Reinvest 10% for increase mining capacity • Receive 20% from the calculation power rental activity

divided as follows: • 20% paid monthly, 1 month after the start 05% reinvested for

increase mining capacity • Use the tokens to buy mining power with a 30% discount

First information on ICO of new mines, others will be implemented.

DAGO Mining will reinvest 40% of the profits, for 18 months revaluable, in Hardware and Photovoltaic cells to increase the total hash power of the

entire miner for the benefit of all, 10% will cover the costs of maintenance, administration, personnel etc.

Initial Token Issue Volume: 150.000.000 DAGO

Price of the token in term of FIAT currency: 1 DAGO = 1$

Web Site: https://dago-mining.com/

Linkedin: https://www.linkedin.com/company/dago-mining/

Facebook: https://www.facebook.com/dagomine/

Bitcointalk:

Form of payment accepted: ETH, BTC credit cards.

The unsold tokens will be destroyed o burned.

For lowest fees and safe payment we recommend to buy DAGO tokens with ETH.

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Tokens Distribution:

• 85% token holder • 15% Founders and Companies

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ICO STAGES

Pre-sale Start: 12.30.2018 12.00 UTC End: 05.11.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

BONUSES:

+ 30% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.76)

Example: By purchasing 1000 DAGO tokens, you get 1300 DAGO tokens.

By buying 3000+ DAGO tokens, you get +50% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.66)

Example: By purchasing 4000 DAGO tokens, you get 6000 DAGO tokens.

Purchasing 9000+ DAGO tokens, you get +70% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.58)

Example: By purchasing 10,000 DAGO tokens, you get 17,000 DAGO tokens.

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Pre-ICO Start: 05.11.2019 12.00 UTC End: 06.11.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

BONUSES:

+ 30% in the form of adding extra DAGO tokens to the number of tokens you bought.

Example: By purchasing 1000 DAGO tokens, you get 1300 DAGO tokens.

(1 DAGO= USD 0.76)

By buying 3000+ DAGO tokens, you get +50% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.66)

Example: By purchasing 4000 DAGO tokens, you get 6000 DAGO tokens.

ICO stage 1 Start: 06.11.2019 12.00 UTC End: 07.11.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

BONUSES:

+30% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.76)

Example: By purchasing 1000 DAGO tokens, you get 1300 DAGO tokens.

By buying 3000+ DAGO tokens, you get + 40% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.71)

Example: By purchasing 4000 DAGO tokens, you get 5600 DAGO tokens.

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ICO stage 2 Start: 07.11.2019 12.00 UTC End: 07.20.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

BONUSES:

+30% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.76)

Example: By purchasing 1000 DAGO tokens, you get 1300 DAGO tokens.

ICO stage 3 Start: 07.20.2019 12.00 UTC End: 07.30.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

BONUSES:

+ 20% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.83)

Example: By purchasing 1000 DAGO tokens, you get 1200 DAGO tokens.

ICO final stage Start: 07.30.2019 12.00 UTC End: 08.10.2019 12.00 UTC

Accepted currency: ETH USD (credit card) Price: 1 DAGO token = 1 USD

BONUSES:

+10% in the form of adding extra DAGO tokens to the number of tokens you bought. (1 DAGO= USD 0.90)

Example: By purchasing 1000 DAGO tokens, you get 1100 DAGO tokens.

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Guarantee for investors

In the event that the ICO/STO does not reach $4 millions, Dago Mining will refund the capital raised through investor protection platforms. There is the possibility of using an alternative system, it will be subject to confirmation by investors through consultation. The use of proceeds as proposed in this WhitePaper is established on the basis of a program we have committed ourselves to. However, circumstances, legal proceedings and interruptions in the exchange rates of markets, premiums and cryptography that could force the environment to deviate from its original program may arise. All investors will be immediately informed.

Use of the proceeds:

• 5% marketing expenses, start-up fees etc. • 10% Research & Development and Administration • 85% Investment in hardware mining (photovoltaic, storage batteries,

GPU and ASIC Chip)

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RESTRICTIONS FOR INVESTORS In compliance US security laws, holding a token is strictly limited to three categories of investors:

Investors who do not hold a US passport; Are not in possession of a US Greencard; Have no residence in the United States.

Accredited investors under the US Securities Act, Regulation D, Rule 506,

i.e. investors with a net worth of more than $1m, excluding their primary residence, or with a net income of more than $200.000 (if married a combined income of $300.000).

Investors whose residency lies in Germany are limited to investments above 200.000€.

During the ICO process, we may ask to investors to submit evidence that the SEC guidelines or any future prescriptions are respected according to the laws.

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EXTRACTION AND RENTAL OPERATION • Token-holders investors benefit from 50% of the net profits on mining,

calculated on the number of Tokens held. • Token-holders investors benefit from 20% of the net profits on the rent

of calculation power, calculated on the number of Tokens held.

This solution is designed to safeguard the profitability of the investment.

The calculation power is divided as follows:

• 70% Hash power Mining • 30% Cloud Mining

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USE OF THE PROCEEDS We have calculated the cost of the ICO (legal advice, production of promotional material, personnel for marketing and communication, direct marketing expenses such as space on social media, banners, paid items, etc.) in about 5% of the value of ICO/STO. We expect to completely cover this cost with the private pre-sale. Therefore, the contributions collected during the pre-ICO/STO and core ICO/STO will be used entirely for investment and for the construction of the company.

85% of the basic ICO/STO funds will be used for mining hardware, photovoltaic system, energy storage (storage batteries). The hardware investments are estimated between $ 2,000,000 and 2,500,000 currently, and initially $ 2,000,0000-2,500,000 for photovoltaic system and energy storage. However, this could change due to changes in the prices of the hardware, the photovoltaic system and market conditions.

During the first two months of the roll-out, general and administrative expenses will not be entirely covered by mining revenues. As such, we will reserve 10% of the capital raised by the ICO/STO for the roll-out phase (administration, research and development, legal procedures for token status as publicly available security) and as a general reserve. Before the end of the ICO/STO, the DAGO token will be listed on some exchange platforms, in order to allow the value of the token to increase and make it immediately profitable. Only the token holding entitles them to corporate dividends.

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Details:

• 5% marketing expenses, start-up fees etc. • 10% Research & Development and Administration • 85% Investment in hardware mining (photovoltaic, storage batteries,

GPU and ASIC Chip)

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ROADMAP

Private Pre-Sale Start: 12.30.2018 12.00 UTC End: 05.11.2019 12.00 UTC

Pre-ICO Start: 05.11.2019 12.00 UTC End: 06.11.2019 12.00 UTC

ICO stage 1 Start: 06.11.2019 12.00 UTC End: 07.11.2019 12.00 UTC

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ICO stage 2 Start: 07.11.2019 12.00 UTC End: 07.20.2019 12.00 UTC

ICO stage 3 Start: 07.20.2019 12.00 UTC End: 07.30.2019 12.00 UTC

ICO final stage Start: 07.30.2019 12.00 UTC End: 08.10.2019 12.00 UTC

May/ June

Rent of industrial warehouses (already found) now under construction equipped with a first photovoltaic system.

Order of the first batch of hardware Agreement with the host country for an area without taxes, 4% tax on

profits (already agreed) Completion of the contract for accumulation batteries Finalization of the contract for the photovoltaic system, we are

negotiating to have the complete plant since the beginning. This means a cost of about 0.10$ for month per kWh set for 5 years, without any possible increase in the cost of energy.

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June/ July

• Assembly of the photovoltaic system, hardware, try of the first prototypes produced by us, start of the immersion cooling system, reordering of the mining hardware (GPU and ASIC)

July- August

The extraction and sale of Hash Power begins

First distribution of profits:

Profits will be distributed based on the percentage of tokens held, with our reinvestment system profits will re-evaluate month after month.

In the event that the ICO/STO does not reach $4 millions, Dago Mining will refund the capital raised through investor protection platforms. There is the possibility of using an alternative system, it will be subject to confirmation by investors through consultation. The use of proceeds as proposed in this WhitePaper is established on the basis of a program we have committed ourselves to. However, circumstances, legal proceedings and interruptions in the exchange rates of markets, premiums and cryptography that could force the environment to deviate from its original program may arise. All investors will be immediately informed.

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CRYPTOCURRENCIES MINING AND GLOBAL ENERGY IMPACT

How much does bitcoin (crypto-currency) really affect energy consumption?

The growing value of bitcoin is directly tied to the amount of energy it uses. The miners unlock bitcoins (and crypto-currencies), the Bitcoin Energy Consumption Index shows that global digital "mining" of bitcoin (and

cryptocurrencies) consumes more energy than 159 countries. Nearly 10 U.S. households can be powered for one day by the electricity consumed for a

single bitcoin transaction, according to Digiconomist. In other words, it takes a whopping 49.05 TWh (terawatt/hours, equal to one million/megawatt

hours) annually to operate the energy-hungry computers and networks that power bitcoin (and crypto-currencies) transactions. That's about 0.9 percent

of total global electricity consumption, just to solve complex and unique puzzles. As the value of bitcoin (and crypto-currencies) goes up, the puzzles

become increasingly more difficult and so they require more computing power to be solved.

Some estimates say that more than 65 percent of the processing power used to mine bitcoin (and crypto-currencies) is in China, who relies heavily on the burning of coal. Coal and other fossil fuels are also the largest generator of electricity for the rest of the world, and coal is a significant contributor to manmade climate change. By burning it produces carbon dioxide, a gas that is a primary contributor to global warming.

This reliance on fossil fuels gave rise to speculation that bitcoin's energy consumption will continue to rise as it grows in popularity. Glen Brand, director of a Sierra Club chapter in Maine, said in an interview that the growth of virtual currencies such as bitcoin (and crypto-currencies) "threatens progress we are making toward moving forward low energy, low carbon economy."

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Concept: Higher mining difficulty

Bitcoin mining difficulty is adjusted, every blocks to remain at roughly 10 minutes per block. As more mining capacity is brought online, the difficulty increases accordingly. Thus difficulty increases proportionally to the increase in computing power of the network. The mining difficulty of both Ether and Bitcoin has increased exponentially since their respective genesis blocks.

This trend will likely continue as adoption keeps increasing. Therefore, digital currency miners will have to constantly acquire more powerful mining equipment. The times where everyone could mine Bitcoin with his/her personal computer are long over.

The rising mining difficulty has forced miners to keep buying new and more powerful mining equipment. The problem is that these super-computers are also very expensive, creating a significant barrier to entry that only those with deep pockets can overcome. Mining benefits greatly from economies of scale, which further limits the ability of small-time miners to be competitive.

Because of this, mining has become heavily centralized. AntPool claims to be the largest crypto-currency cloud mining company in the world, controlling 15.5 percent of the hash power of the Bitcoin network. Most mining companies are located in China due to the low cost of electricity and labor.

Since we are willing to participate and involve as many people as possible in this new business revolution, we have set ourselves the problem of the impact this business has on the ecosystem.

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How to obtain energy without further burdening the planet with harmful emissions?

We have explored the opportunity to use the production of energy (photovoltaic, wind and hydro) in excess produced by exceptional events (storms, particularly windy or sunny days), but we do not believe it a viable solution as it is not programmable.

Moreover, the distraction of that energy from sales in traditional channels would reduce the efforts of the companies that produce it to reduce the use of fossil fuels that have a greater cost and a devastating impact.

Many areas of the planet lend themselves to the use of photovoltaic energy intensely and the fall in solar panel prices has led us to make the decision to produce energy ourselves.

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This associated with the possibility of storing for the night in special "batteries" totally “green” makes us independent from the fluctuations of the costs of the energy market. Producing energy does not mean wasting it.

We are starting with the best partners on the market the construction of a mining farm with immersed cooled hardware, this reduces the costs due to the cooling of the hardware itself, stabilizing productivity and increasing the life cycle.

These are the key factors: auto production of energy at a very low cost, storage for the night and a continuous improvement hardware that takes full advantage of its potential, lead us to high redemptivity, a ROI that can reach 200%. Millions of dollars a year are distributed to investors, and steadily increasing month after month thanks to the reinvestment program of DAGO-mining. The cost for producing a BTC is proportional to the amount of energy used, we have only one initial cost and not one fixed by consumption.

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THE DAGO MINING SOLUTION

Electricity production

Talking about electricity, we decided to adopt this solution: the CSP-Fresnel, which gives us the possibility, through sunlight concentrating mirrors, with the transformation of heat into energy, through the use of steam turbines. We have the ability to store electricity and heat to use them at night, making us totally independent from energy costs.

By concentrating of solar power from relatively huge areas, solar flux density can be significantly increased; and so, operation temperatures of several hundreds degrees centigrade can be achieved.

Such power and operational temperatures can be technically applied to many different ways, e.g. melting of metals, non-ferrous alloys processing; nevertheless, it is also feasible to convert such energy flow into electricity.

Concentrated solar power represent a heat source for generating pressurized steam for condensing turbines, pressure energy flow is converted into mechanical energy that actuates an alternator. Thus, the technological scheme of electricity generation is the same as by coal-fired power plants; however, the energy source is different. The scheme of above describedprinciple is situated below.

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One can distinguish several types of absorbers:

• parabolic through systems (a, b) Through parabolic mirrors the sunlight is focused into absorber tube filled usually with oils. Heat-transfer medium leads the captured energy towards above described technology.

• power towers (d) - a large field of sun tracking mirrors concentrates solar energy by its reflection to the absorber mounted on a high tower. See the picture above and scheme below.

• parabolic dish (c) - instead of parabolic cylinder part, a dish reflector is used to concentrate solar power into focus of the mirror; thus, absorber is then situated in the focus. In future prospects, very often this technology is connected with utilization of so called Stirling Engine. Each dish is then equipped with single engine of relatively low power and series of dishes are installed one beside the other. A disadvantage of parabolic through system in a necessity of long pipelines and heat losses by them is thus eliminated.

Letters behind the names, represent a legend to further scheme.

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Since the system generates heat first, the heat can be stored before being converted into electricity. With current technology, heat storage is much cheaper and more efficient than electricity storage. In this way, the plant can produce electricity day and night. If the site has predictable solar radiation, then the plant becomes a reliable power plant.

Thermal or electric storage? A BVES information sheet published in July 2017 lists the capital costs of 25 EUR/kWhth stored in a molten salt tank, with the caveat that these specific costs depend very much on the temperature difference and the method of operation, whether direct or indirect through heat exchangers. The figures in the data sheet range from 25 to 70 EUR / kWhth. Demonstration systems that involved large-scale lithium-ion batteries and were created by the STEAG energy provider cost 833 EUR / kWhel (see table below).

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Storage technology Capital costs per kWh capacity Source of information

Molten salt 25 to 70 EUR/kWhth BVES

Lithium-ion battery 1,400 EUR/kWhel (EUR 390,000 for 280 kWh)

BVES

Lithium-ion battery (pilot project)

833 EUR/kWhel (EUR 100 million for 120 MWh)

German Aerospace Center

The list shows that the storage of molten salts is 33 times cheaper than an electric battery, when comparing the 833 EUR/kWhel with 25 EUR/kWhth. In the best of cases, thermal energy can be stored at around 1/90 ° of the cost of electricity when the € 1,400/kWh is put in relation to EUR 25/kWhth.

Electricity storage T There are different batteries that use salt, the technology is based on a simple idea: to meet the growing energy needs of the world and increase the use of renewable energy, we need large-scale energy storage systems that are high performance, safe, sustainable and economical. The battery is composed of a salt water electrolyte, a manganese oxide cathode, a carbon phosphate and titanium composite anode and a synthetic cotton separator. The battery uses non-corrosive intercalation reactions on the anode and cathode. Saving energy in the batteries allows us to consume all the solar energy produced and control energy costs. Our ecological solar batteries are optimized for everyday cycling and offer robust and reliable performance without maintenance. The batteries are 5+ kWh with a nominal voltage of 24 or 48V and can be connected in series or in parallel for a wide range of system configurations. Clean energy initiatives need clean battery technology.

It is counterintuitive to invest in solar power generation, and then install dirty batteries for our solar energy storage system. Clean energy should be stored in clean batteries. These batteries are the safest and greenest energy storage device on the market for electricity storage. Maintenance-free and reliable at the same time. Robust thanks to the possibility to completely discharge the battery. A temperature tolerance window allows additional flexibility. Even if it is very hot, the energy accumulator can neither burn nor explode.

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Example of a battery storage

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Mining Hardware

ASIC

Through dedicated hardware and software, we intend to develop a flexible structure capable of modifying the extraction of cryptocurrencies based on the profitability of the moment. The biggest producers of miners are also the biggest cryptovalute extractor in the world, they distribute the equipment very slowly, aware that this will increase the difficulty of mining in particular for them (Bitman etc.), in 2018 the Internet group GMO produced and launched a 33nm 7nm ASIC chip with a consumption of 3.4Kw. By assembling the equipment ourselves with the help of our partners, we have the possibility to choose the most efficient components on the market with a higher renewal speed at lower costs, already today we have a 44Th/s technology that consumes 2.1Kw, the use of renewable energy combined with the accumulators makes us independent and highly remunerative. We are not subject to increases in energy costs or momentary availability.

We employ professionalteams from various countries who design new extraction systems for us, using the correctly configured ASIC and GPU technology. The right configuration of a GPU leads to a better and stable hash rate, not necessarily the most powerful card is the best.

Each team is specialized in a particular sector, from the design to the realization of the ASIC cards, to the assembly of the various components and to the final product testing.

We will create a research and development laboratory directly on site, we will be able to anticipate the use of new technologies without having to wait, having the necessary background to use the components on the market.

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The possibilities of hardware configuration with new technologies can increase the hashrate with considerable energy savings.

Initially we will use ASIC hardware already on the market:

We already have a solution of 44Th/s with a consumption 2,1Kw. Specification:

Hash Rate: 44TH/s ±10% Dimensions: 500mm x 500mm x 235mms

Power Efficiency: 0.05 J/GH±10% Chip quantity per unit: 189x AM0815

Power Consumption: 2100W±10% Weight: 27 kg/unit

Cooling: Original ASICminer water cooling noiseless system

Operating Temperature: 10°C to 45 °C Network Connection: Ethernet

Default Frequency: 650M Noise: 47db

Operating Humidity: 5%-95%RH Mines all SHA-256 coins.

1. Most Powerful ASIC chips Most Powerful ASIC chips AM0815 ASIC chip, our latest development.

Custom-designed SHA256 ASIC chip. Record high Efficiency.

And others plus custom configuration.

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GPU

For the realization and installation of the ring with GPU we will use a video card based on the AMD Polaris chip (series of RX470, RX480, RX570, RX580) cards. We plan to use Sapphire and MSI manufacturers.

Technically we intend to use Nvidia's solutions, such as GTX series video cards in 1070, 1080, 1080ti, Titan XP, as well as specialized solutions designed for the mining industry, such as MSI GP106-100, ASUS GP106-100.

We would prefer to use cards with a memory of at least 6-8 GB as the market grows very fast. It may not be enough to use 4 GB cards to extract some cryptocurrencies or significantly reduce productivity.

The farms will work on ASRock and Biostar motherboards, which support the maximum number of cards. We are considering Biostar 12GPU TB250 version 2 (12 cards) and ASRock H110 PRO BTC + (13 cards).

We constantly monitor the appearance of new technologies and aim to constantly improve our equipment.

Bitmain produced Antminer E3 for the extraction of Ethereum. The development of new TPUs and their possible use for the extraction of cryptocurrencies are monitored by us with extreme care. We are also looking at a specific device to increase, almost double, the computing power of GPUs for mining.

Profitability data are estimated at the time the presentation is created and may be subject to change. The configuration mentioned above presents one of the many possibilities, we plan to assemble mini-farm with 6-12 cards and use Nvidia cards or equivalent cards.

In the later stages of development, we will broaden our technical structures by adding solutions.

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Immersion Cooling

4000 X More Efficient at Removing Heat than Air.

In a two-phase immersion cooled system, electronic components are submerged into a bath of dielectric heat transfer liquids, which are much better heat conductors than air, water or oil. With their various low boiling points (ie. 49°C vs. 100°C in water), the fluids boil on the surface of heat generating components and rising vapor passively takes care of heat transfer.

In contrast to submersion oil cooling, liquids are clean, environmentally friendly and non-flammable.

It is this simplicity that eliminates conventional cooling hardware and results in better cooling efficiency. Compared to traditional air, water or oil cooling, this passive process results in the use of much less energy.

Example of a tank for immersion cooling

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Example of immersion cooling function

A system designed without the restrictions and overhead of traditional cooling methods has a number of other advantages, such as a much higher density, improved performance and the possibility for applications that would otherwise be impractical.

Lower power consumption and much less supporting infrastructure (ie. no coolers or air conditioners), the choice of facilities becomes much less restrictive.

Advantages of Immersion Cooling:

• Higher efficiency and energy savings (>90% electricity savings on the cooling)

• Reduced capital and operational expenses

• Improved performance

• Higher density

• Improved hardware reliability

• Faster time to market

• Fits any form, size or shape of electronics components and boards

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• Non-flammable, inherent fire protection

• Works in confined spaces and extreme environments (hot & humid etc).

• Reduced environmental impact.

Immersion cooling systems do not limit us to just one technology. Immersion cooling projects are a bit like reusable barebones, assembled only once and then put to work exactly as we deem it appropriate for many generations of hardware.

The choice of resources for the development of certain technologies is given by the fact that the know-how is growing, accelerating the achievement of results.

DAGO-MINING EXCELLENCE

The possibility of changing the currency to be mined is essential for profitability, sometimes it is more profitable to mine coins of lesser value, but also less difficult to calculate, which translates into larger volumes of coins, thus increasing profitability. Our software gives the possibility to change the currency of extraction, whenever there is a need dictated by market conditions. We are developing a separate internal network, where we can store the crypto-currency extracted away from possible external attacks, one of our expert in bank security is preparing the environment.

We are going to patent some of the solutions. Other solutions described here are already patented by the partners we have chosen.

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PROFITABILITY OF THE DAGO TOKEN FOR INVESTORS

One of the most profitable options is to keep the token in the portfolio and receive dividends for each financial year. 40% of the company's net income is distributed among investors and the 50% is reinvesed to increase hash power to the benefit of all DAGO token holders.

In exchange for DAGO tokens, it will be possible to hire calculation capabilities for mining in the future. Prices for token holders will be more attractive than those for new customers.

Upon completion of ICO/STO, you can always sell the token in exchanges, this will make it impossible to receive earnings dividends, only the possession of the token DAGO gives you the right.

Another feature we are investigating is the possibility that DAGO-mining will perform double-extraction operations in a profitable context. Double mining, which means extracting two coins on the same hardware using both the core and the memory, is often considered unprofitable because it significantly increases energy consumption. Being self-sufficient DAGO-mining with regard to energy, the environment is not tied to normal domestic or industrial energy price levels and can therefore offer double extraction in a profitable and stable configuration, which will further increase performance. Double mining can, of course, be enabled or disabled.

The current solution for small-scale miners is nowadays bringing together resources and sharing processing power with other small-scale mining activities. Here, individuals work together to solve a block, thereby increasing their chances of obtaining a reward per block, which is then shared with other miners for a fixed fraction of the reward, which is paid to the pool facilitator. With a sufficient amount of hash power, DAGO-mining intends to become a mining pool.

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TEAM Valter Marelli: Entrepreneur, founder and CEO of Dago Fin- Tech Corporation has launched several activities over the years, food trade, e-commerce, network marketing and for 11 years has led a team involved in the maintenance and installation of power plants. Passionate about Crypto currencies and technology behind them.

Fabrizio Saltori: Founder, entrepreneur in the field of extraction, processing and trade of marble. Founder of e- commerce and network marketing companies, passionate about Crypto currencies and technology behind them.

Patrizia Mereu: Founder, entrepreneur, expert in graphics and video, she has collaborated in the creation of several important network marketing structures, collaborating with video-graphics teams.

Raffaella Arcelli: Founder, entrepreneur, expert in human resources management, she collaborates in various projects with Valter.

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Mary Jo Marelli: Founder, web design expert, website programmer, she collaborates with her team in the launch of ICO.

Giorgio D’Amico: CFO, Chartered Accountant and Trust Advisor with extensive experience in Private Clients Advisory Specialties: Wealth Management Estate Planning Private Investment Structuring Cryptocurrencies and digital assets.

ADVISOR Lalit Bansal is a Founder & CEO of EIY SYS and Director in Revinfotech with 14 years of affluent experience in Blockchain, Cryptocurrency, ICO, Digital Marketing,

Fintech, and Growth Hacking. An engineer by training and an entrepreneur by profession, his leadership,

experience, and connections make him a smart advisor.

Yogesh R: Advisor Consultant, has 23 years of active dynamic Middle East/North Africa and Indian subcontinent regional Management and Leadership experience. A established talent in the domains of Supply Chain Management and DLT-Blockchain with expertise in various fields.

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Alessandro Giulianelli: Full Stack entrepreneur, expert in both hardware and software life-cycle, data scientist and trader. He joins the team as advisor for ICO.

Kevin Donnery: Experienced, energetic financial services professional with extensive trading experience, Blockchain and Cryptocurrencies expert and former wealth manager working with regulators, stakeholders and banking institutions to build the correct eco system within which Blockchain can thrive Venture capital and fundraising

Emon has been a Digital Marketing Manager for more than 3 years in the Finitech industry, he is a specialist for the development of result-driven marketing. His trademark is the ability to deliver highly effective and measurable strategies.

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This is the team of DAGO-Mining, we employ extremely professional consultants and leader companies in mining, some of these, but not all, are:

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GLOSSARY

CPU Central Processing Unit

CSC Certificate Civil Service Commission

DB Database

DAGO Dago Token

BTC Bitcoin

GPU Graphic Processing Unit

HD High Power Density

KW Kilowatts

KWh KiloWatts per hour

PMO Proprietary Mining Operations

PV Photovoltaic

R&D Research & Development

ROI Return on Investment

UHD Ultra High Density

USD US Dollar

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APPENDIX DISCLAIMER The overhead calculation is based on assumptions that might be wrong or change, such as, but not restricted to, prices of third party services, levies and fees on crypto related activities, tariffs on computer hardware in various jurisdictions, expenses for litigation and settlements, changes in the regulatory environment, insurance for directors and officers, insurance for containers, costs of transport, changes in the supply chain, expenses for experts in production logistics, energy markets, data centers or other business segments. Therefore the costs for overheads displayed in this document provide only a rough guidance, but cannot be guaranteed by Dago-mining. The company is not liable for deviations from projections described herein and will not award any damages based on these projections. The above model shows the assumed return using an annual projected token profit based on a reinvestment strategy and current mining difficulty & market conditions. Actual results can be higher or lower. The model is a sample calculation. The model should not be regarded as information for an investment in tokens or as an offer of or a solicitation to buy tokens.

The private pre-sale starts: 12.30.2018 12.00 UTC End: 04.11.2019

12.00 UTC DAGO tokens will have been placed in order to finance the ICO and advancement of the envion business case (e.g. patent application). As the proceeds of this placement will not be invested in Mining Farm they also have a diluting effect on the payout. The dilution effect is not factored in the above projection because it depends on the size of the ICO.

All projections are calculated before taxes, and the question whether the payouts will be categorized as profits or costs by the jurisdictions of location. Therefore final payouts can deviate because of tax reasons.

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Update White Paper

Updates of the progress of the project will be published here


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