WHITEPAPER. Coin Mine Australia Pty Ltd ABN: Ventnor Avenue West Perth, WA 6005 Australia. Date: Version: 1.0.

Transcription

1 WHITEPAPER Coin Mine Australia Pty Ltd ABN: Ventnor Avenue West Perth, WA 6005 Australia Date: Version: 1.0.5

2 RESOURCE MINING IN THE DIGITAL AGE

3 1 CONTENTS 1.0 OVERVIEW DISCLAIMER WORD FROM OUR CEO HOW WE BEAT THE COMPETITION BUSINESS MODEL 6 CMA Token Properties 6 Proven Mining Performance 6 Mining Output & Distribution 8 Return on Investment 8 Ethereum Market Analysis 9 Refresh Reserve & Growth Fund 10 Timeline TECHNICAL OVERVIEW 12 Development Principles 12 Software 12 CMA Mining Rig 13 CMA Mining Rack 13 Cooling 14 Maintenance 14 Mining Rig and Network Security 14 Mining Facilities and Physical Security 14 Monitoring 14 What Cryptocurrency will be Mined 14 Wallet Security TGE DETAILS 16 Token Generation Event Pre-Sale 16 Token Generation Event Main Sale 16 Token Generation Event Metrics 16 Total Allocation of CMA Tokens 17 Token Generation Event Bonus Structure 17 Bounty, Marketing, Future Staff and Founder Incentives 18 Use of Funds 18 Release of CMA Tokens 19 MINR Token 19 Data Security During the TGE THE LEADERSHIP TEAM LEGAL 21 Legal Disclaimer 21 Jurisdiction and Participation Restrictions 21 Know Your Customer (KYC) and Anti Money Laundering (AML) 22 Risk Management 22 Corporate Governance 22 Your Information and Privacy 22

4 2 WHITEPAPER COIN MINE AUSTRALIA TGE 1.0 OVERVIEW Coin Mine Australia is a leading Australian owned and operated physical cryptocurrency mining operation located in Perth, Western Australia. Participants in the Coin Mine Australia Token Generation Event (TGE) will obtain Ethereum based CMA Tokens that will represent their participation in Coin Mine Australia. Through the leadership of the Co-Founders, Board and Management Team, Coin Mine Australia works on behalf of the CMA Token Holders to generate value and asset backed cryptocurrency mining operations that are physically located in Australia. By being located in Australia, CMA Token Holders benefit from high levels of corporate regulation, quality governance standards and low sovereign risk. CMA Token Holders contribute to building physical cryptocurrency mining operations that will always be located in Australia and managed directly by the Co-Founders and Coin Mine Australia Management Team. Coin Mine Australia s output and performance will always be shared with CMA Token Holders transparently and equitably using Ethereum based smart contracts. Furthermore, the financial performance of the company and its management decisions will be shared openly and independently audited as legally required by the Australian Securities and Investments Commission (ASIC). Coin Mine Australia takes risk management and the security of the mining operation, the information it holds and the CMA Token holders interests into account at all times. Coin Mine Australia deploys the latest industry leading physical and cyber security measures to protect its operations. Furthermore, it protects CMA Token holders and the CMA Token via the ERC-20 token contract which is deployed to the Ethereum Blockchain to ensure title and ownership of the purchased token. The total number of CMA Tokens will be capped at 150,000,000. Eighty percent (80%) or 120,000,000 tokens will be available to participants. Five percent (5%) or 7,500,000 tokens will be allocated to founders and advisors, a further five percent (5%) or 7,500,000 tokens will be held in escrow for future staff, with the remaining ten percent (10%) or 15,000,000 tokens being used as marketing and bounty incentives to ensure the success of the CMA Token and TGE. Coin Mine Australia will deploy ninety two point five percent (92.5%) of funds raised in the TGE to hardware and infrastructure costs, including a hardware refresh reserve and contingency fund. To provide maximum mining efficiency, Coin Mine Australia acquires leading edge technology at wholesale prices and purchases electricity on the bulk wholesale electricity market at low industrial rates by committing to long term supply contracts. One of the key benefits of physically locating Coin Mine Australia s Mining Operations in Australia is the security of energy supply and the certainty provided in industrial electricity contract pricing. Token holders will receive eighty five percent (85%) of Coin Mine Australia mining operations output, minus basic operating costs including electricity. The remaining fifteen percent (15%) will be re-invested to purchase new hardware and grow mining operations, thereby generating greater returns in the future. The first TGE participant funded Coin Mine Australia mining operations will be built and deployed during Q It will be capable of mining multiple cryptocurrencies at any one time using a proprietary Coin Mine Australia mining algorithm called CMAscend to maximize the profitability of mining operations.

5 3 2.0 DISCLAIMER This document is a technical whitepaper setting out the current and future developments of the Coin Mine Australia Mining Operation and Coin Mine Australia Platform by Coin Mine Australia Pty Ltd (Coin Mine Australia). This paper is for information purposes only and is not a statement of future intent. Unless expressly specified otherwise, the products and innovations set out in this paper are currently under development and are not currently in deployment. Coin Mine Australia makes no warranties or representations as to the successful development or implementation of such technologies and innovations or achievement of any other activities noted in the paper and disclaims any warranties implied by law or otherwise, to the extent permitted by law. No person is entitled to rely on the contents of this paper or any inferences drawn from it, including in relation to any interactions with Coin Mine Australia or the technologies mentioned in this paper. Coin Mine Australia disclaims all liability for any loss or damage of whatsoever kind (whether foreseeable or not) which may arise from any person acting on any information and opinions relating to Coin Mine Australia, the Coin Mine Australia Platform or the Coin Mine Australia Mining Operation contained in this paper or any information which is made available in connection with any further enquiries, notwithstanding any negligence, default or lack of care. The information contained in this paper is derived from data obtained from sources believed by Coin Mine Australia to be reliable and is given in good faith, but no warranties, guarantees or representations are made by Coin Mine Australia with regard to the accuracy, completeness or suitability of the information presented. It should not be relied upon and shall not confer rights or remedies upon you or any of your employees, creditors, holders of securities or other equity holders or any other person. Any opinions expressed reflect the current judgment of the authors of this paper and do not necessarily represent the opinion of Coin Mine Australia. The opinions reflected herein may change without notice and the opinions do not necessarily correspond to the opinions of Coin Mine Australia. Coin Mine Australia does not have an obligation to amend, modify or update this paper or to otherwise notify a reader or recipient thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. Coin Mine Australia, its directors, employees, contractors and representatives do not have any responsibility or liability to any person or recipient (whether by reason of negligence, negligent misstatement or otherwise) arising from any statement, opinion or information, expressed, implied, arising out of or contained in or derived from or omitted from this paper. Neither Coin Mine Australia nor its advisors has independently verified any of the information, including the forecasts, prospects and projections contained in this paper. Each recipient is to rely solely on their own knowledge, investigation, judgment and assessment of the matters which are the subject of this paper and any information which is made available in connection with any further enquiries and to satisfy themselves as to the accuracy and completeness of such matters. Whilst every effort is made to ensure that statements of facts made in this paper are accurate, all estimates, projections, forecasts, prospects, expressions of opinion and other subjective judgments contained in this paper are based on assumptions considered to be reasonable as of the date of the document in which they are contained and must not be construed as a representation that the matters referred to therein will occur. Any plans, projections or forecasts mentioned in this paper may not be achieved due to multiple risk factors including without limitation defects in technology developments, legal or regulatory exposure, market volatility, sector volatility, corporate actions, or the unavailability of complete and accurate information. Coin Mine Australia may provide hyperlinks to websites of entities mentioned in this paper, however the inclusion of a link does not imply that Coin Mine Australia endorses, recommends or approves any material on the linked page. Such linked websites are accessed entirely at your own risk This paper is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. This paper is only available on our website coinmineaustralia.com and may not be redistributed, reproduced or passed on to any other person or published, in part or in whole, for any purpose, without the prior, written consent of Coin Mine Australia. Distributing this paper may be restricted by law or regulation in certain countries. Persons who come into possession of this paper are required to inform themselves about and to observe such restrictions. By accessing this paper, a recipient hereof agrees to be bound by the foregoing limitations.

6 4 3.0 A WORD FROM OUR CEO I have great pleasure in presenting this Whitepaper to you on behalf of the founders, board and staff of Coin Mine Australia Pty Ltd. We are excited to offer you the opportunity to participate in the Coin Mine Australia TGE and become a CMA Token Holder, where you will join other CMA Token Holders in a physical cryptocurrency mining operation located in Perth, Western Australia. There is great interest in cryptocurrencies at the present time and significant appetite in mining them for profit. They represent the most profitable asset class of recent times and with total cryptocurrency market capitalization standing at circa 833,327 billion US Dollars 1 it is hard to argue that cryptocurrencies are an asset class that is not here stay for the long term. A commitment was made very early in the project to not only establish in Australia, but to ensure that mining operations would always be located in Australia. This was done to ensure that token holders would always benefit from the high levels of corporate governance, commercial accountability, low levels of sovereign risk and stable electricity markets which Australia offers. The founders of Coin Mine Australia are proud to have established the company and built an operational proof of concept in Western Australia. We are excited to be able to embark on the next phase of the company s evolution, which is to establish a 2000 Rig, GPU mining operation, the success of which will be shared with token holders well into the future. The TGE will open to pre-sales on Monday, 19 March 2018 and early adopters will be offered a 30% bonus on purchases of tokens that are made during the pre-sale period. I am exceptionally proud of the team I head at Coin Mine Australia. The company s success is a testament to the diversity, knowledge and expertise that they bring to their work each and every day. On behalf of the founders and entire Coin Mine Australia team, I look forward to welcoming you to the CMA token holder community in the near future. KELVIN DALEY 1 as at 08 Jan 2018

7 5 4.0 HOW WE BEAT THE COMPETITION

8 6 5.0 BUSINESS MODEL The basis of the Coin Mine Australia business model is the Coin Mine Australia (CMA ) Token. Each token represents membership in the Coin Mine Australia token holder community and a share in the output of Coin Mine Australia s mining operations, which are and always will be physically located in Australia. By establishing the company and locating the mining operations in Australia, token holders will benefit from a regulatory environment that demands high corporate governance standards, a jurisdiction with low sovereign risk and a stable and well regulated electricity market. Coin Mine Australia will be crowdfunded through the distribution of CMA Tokens following a Token Generation Event (TGE). The maximum amount to be raised (Hard Cap) during the Coin Mine Australia TGE is set at USD24,000,000. Eighty percent (80%) of CMA Tokens issued will be available for acquisition by the public during the TGE, which will begin Monday, 19 March 2018 and run to close on Monday, 25 June 2018, or until the Hard Cap is reached, if sooner. The remaining twenty percent (20%) of CMA Tokens will be reserved on the following basis: Ten percent (10%) for the TGE Bounty Program, five percent (5%) for Future Staff and five percent (5%) for the Founders and Advisory Team. Using the funds raised during the TGE, Coin Mine Australia will deploy the mining operation and commence mining in Q The first payouts from the operation will be made no later than December CMA Token Properties CMA Tokens are Ethereum based Tokens that comply with the ERC-20 Token Standard. CMA Tokens are a digital asset, bearing value by themselves based on their underlying assets, properties and/or associated rights. The tokens will represent a percentage share of the output of Coin Mine Australia mining operations. Ethereum based tokens (including CMA Tokens) rely on a well established infrastructure built around the Ethereum Blockchain. There are a number of advantages to using the Ethereum based token model including: (i) Security, stability and less risk to token holders than exists with independent blockchain networks; (ii) Availability of robust and well supported official Ethereum clients; (iii) Liquidity arising from all Ethereum based tokens being interchangeable and listing on exchanges being straightforward; (iv) The Ethereum ERC-20 Smart Contracts provide a transparent and secure way of automatically sharing mining output among Token Holders. Proven Mining Performance Unlike a number of competitors, Coin Mine Australia has run a proof of concept mining operation for over 1.5 years that was fully developed and funded by the Founders. Furthermore, through the development of the CMAscend profit mining algorithm, which uses a number of metrics to automatically determine and switch to the three (3) most profitable coins to mine, Coin Mine Australia has demonstrated an average increase in mining rewards of 39.2% compared to mining of Ethereum alone. The performance of the CMAscend algorithm and the Coin Mine Australia proof of concept mining operation can be seen in the graph and table overleaf.

9 7 CMAscend Algorithm Performance Over ETH Mining * Based on the daily average mining return over the given month. CMAscend Algorithm Performance Over ETH Mining Table

10 8 Mining Output Distribution Coin Mine Australia has committed to a token structure that envisages value generation for token holders that is sustainable, will continue to grow in scale and is perpetual (lifetime token). The mining operations will continue for as long as cryptocurrency mining remains profitable. Meeting the TGE Hard Cap of USD24,000,000 will enable Coin Mine Australia to fully realize the 2,000 Rig with 16,000 GPU mining operation that will deliver monthly returns of ETH (equivalent) to Coin Mine Australia and Coin Mine Australia token holders. These projections are based on past performance of the CMAscend mining algorithm and proof of concept mining operation. Return on Investment Coin Mine Australia and more specifically the CMA Token is not aimed at speculation in Ethereum, Ethereum based cryptocurrencies or other Altcoins. It is aimed at mining of these currencies for profit and as long as costs do not exceed value created then token holders will receive returns. As previously discussed, the CMAscend profit mining algorithm has been proven to beat Ethereum mining alone by on average of 39.2%. This takes into account all costs of mining, including electricity and infrastructure. We have detailed in the following tables how our projected returns to token holders are calculated. For the purposes of the analysis and ROI projections we have adopted the price of ETH in USD as at 01 February 2018, which was USD (source: The first table (Coin Mine Australia Mining Operation Return) outlines the annual return in USD and ETH after an initial investment of USD10,000. Over a five year period, assuming that the initial investment is retained in the project, a token holder can reasonably expect to make an average annual return of 214%. The second table (Potential ETH Market Movement Over Time) illustrates the effects of ETH currency value movement and the impact this will have on token holders share of the proceeds of mining operations. Whilst the future value of ETH can t be assumed, it is reasonable to foresee a continuing upward trajectory in value over time

11 9 based on the currency s past performance. As demonstrated in the table, upward movements in ETH currency value have the potential to exponentially raise the ROI to Token Holders. * Initial investment USD to ETH exchange rate as at 01 Feb 2018 (source: Ethereum Market Analysis Ehtereum (ETH) is a cryptocurrency that was released in ETH was designed on a different blockchain to Bitcoin and has grown to become the biggest Altcoin on the market. With the distinct advantage of being capable of running many alternative applications (Dapps) that are built around the Ehtereum blockchain, software developer activity is much greater than with competitor coins, including Bitcoin, and therefore has resulted in increased interest and price to date.

12 10 From a value of USD1 in 2015, ETH has continued to grow in value reaching USD in January 2018 (source: ETH Price in USD Ethereum has the second largest market capitalization of all the cryptocurrencies at USD99.84B as at 1 February 2018 (source: ETH Total Market Cap in USD (Billions) Refresh Reserve & Growth Fund As soon as the mining operation is fully deployed, Coin Mine Australia will be setting aside 15% (circa 15,175 ETH) of Coin Mine Australia s net annual output in a Growth Fund. This will be reinvested into the mining operation in order to continually expand it, thereby producing greater returns for token holders over time. Furthermore, Coin Mine Australia will be establishing a hardware Refresh Reserve that is designed to ensure that hardware is maintained at all times and replaced when it becomes obsolete or stops achieving optimum mining output. The Refresh Reserve will be funded by setting aside 2.5% (circa 2,520 ETH) of Coin Mine Australia s net annual output. Unusable or unprofitable equipment will be sold or otherwise utilized and any proceeds will be reinvested in the Refresh Reserve.

13 11 Timeline Coin Mine Australia plan to deploy additional mining equipment at one or more locations in Western Australia using funds contributed during the CMA Token Generation Event, which starts 19 March 2018 and will continue till 25 June 2018, or until the Hard Cap is met, if sooner. First token payouts will occur no later than December 18:

14 TECHNICAL OVERVIEW Development Principles The Coin Mine Australia team has developed the core technologies including circuit boards, middleware and application software for the management and security of the company s mining operations based upon a clear set of development principles and guidelines: (i) Racking: CMA have structurally engineered our custom built racking solutions to allow for sturdiness, card separation, cabling, heat extraction and quick swap out of hardware due to failure or upgrades. No other parts of the operation will need to shutdown to upgrade or add new hardware allowing for easy up scaling of the project. (ii) Cost Effectiveness: Custom card BIOS have been engineered to improve the hashing output of each card while greatly reducing the power consumption. Coin Mine Australia s cooling engineering has been designed to extract hot hair from the system environment as quickly and cost effectively as possible, ensuring card attached fans are running at a slower rate, further reducing the power consumption on each card. (iii) Maintainability: By housing the mining operation within secure warehouses within close proximity to each other in contrast to competitors, who containerize mining rigs and then spread them out to remote locations, our maintenance operating costs are significantly reduced. To further reduce operating costs, Coin Mine Australia has written specialized software that interfaces with proprietary printed circuit boards (PCBs) to detect any issues with an individual mining rig output and reset if necessary, as well as giving the operation a mode of secure remote management. (iv) Plug n play / Plug n mine: Replacing, adding, or moving rigs will not impact the operability of the system or any parts of it. To this end, and starting with our sophisticated engineered racking design we can turn plug n play into plug n mine. This is a fundamental development concept which allows for the addition of a new mining rig to our mining operation to take place in a few minutes once power and network have been connected. Simply plug in the device and mining will rapidly commence. (v) Cooling optimisation: Cooling is an essential factor for any data centre and it is the greatest component in determining its efficiency. A simplistic and maintainable system is the key to an autonomous mining operation. Therefore, we have engineered a highly-efficient cooling system that shrouds the mining rig rack with an extraction point to efficiently remove generated heat and keep the GPUs running at optimal temperatures. Software Coin Mine Australia has developed in-house proprietary bespoke software that is designed to maximise mining efficiency whilst ensuring a high degree of security. The software applies to the following: (i) Mining Rig Operating System: To ensure best possible performance we have created our own optimised operating system based upon Ubuntu LTS. We have a custom image with hardened security and reduced packages and is optimised for low overhead, high performance, stability and scalability. (ii) CMAscend Mining algorithm: Our mining profit algorithm CMAscend takes many factors into consideration, including hash rate, block reward, current difficulty, coin price, algorithm power consumption and market conditions to automatically switch to the three most profitable coins to mine at any one time. We are constantly refining and backtesting the algorithm and through our existing mining operations have demonstrated an average increase of mining rewards of 39.2% compared to the mining of Ethereum alone. (iii) CMA PCB s: Each PCB allows us to connect up to 24 mining rigs at a time via their motherboard header pins and can trigger a reset to any rig that is non-responsive. A service runs on the operating mining rig that sends a heartbeat packet and mining statistics over the network to a controller node. If the controller node does not receive a heartbeat packet from the mining rig, it essentially believes it is non-responsive

15 13 and automatically resets the device, thus saving time and manual rectification of hung or non-responsive devices. The controller node will also receive mining statistics from each mining rig and every GPU. It will take action based on CMA s predefined rulesets to restart services or report performance issues via an escalation ticket. CMA Mining Rig The Coin Mine Australia mining rig will use 8 GPUs configured for optimal ROI efficiency. Each GPU will have over-clocking and under-volting applied with custom BIOS and memory strap configuration. The cards used and their hash rates against particular algorithms are shown in the table below: CMA Mining Rack Up to six (6) mining rigs can fit within one of our engineered mining racks. All racks are designed to maximise the energy efficiency and lower the footprint of the whole operation. This involves optimising the different components at defined heights and levels inside the racks, allowing for space saving and optimal airflow. Each rack has its own power supplies, relays, network switches, and mining rigs which make each rack completely independent and interchangeable. This means from the very first a rack assembled Coin Mine Australia will start mining and collecting mining rewards. Furthermore, each individual rig or rack can be maintained and serviced without impacting the remaining mining operation.

16 14 Cooling Coin Mine Australia have designed and tested a proof of concept for a unique heat extraction system that allows a large low powered extraction fan to service multiple racks. The fans automatically controlled by temperature sensors to reduce speed and save energy keeping the GPU s at optimal temperature. Maintenance One asset to a centralised mining operation is minimising maintenance efforts and costs. Coin Mine Australia have automated systems in place to detect any mining rigs that are acting abnormally and act quickly by using the rig ID reference and IP address to automatically run through multiple tests to check for any hardware or software issues. If connection is unable to be made the detached CMA proprietary PCB controller will issue a reset command to mechanically power cycle the affected mining rig. Each component critical to the mining functions of a rig has its unique identifier catalogued to allow easier manual location. If physical maintenance is needed a set of procedures are laid out based on the reported fault to limit downtime and ensure operation of that individual mining rig is returned quickly without any disruption to the rest of the mining infrastructure. Coin Mine Australia s emphasis on standardising maintenance operations, that are guided and controlled by our software infrastructure provides clear prioritisation, guidance, benchmarking and escalation to all maintenance operations, ensuring downtime is limited and maximum mining efficiency is achieved. Mining Rig and Network Security All interactions with Coin Mine Australia mining rigs are carried out via SSH (Secure Shell). Secure Shell is an encrypted protocol used to administer and communicate with servers. All logins use key based authentication and each individual mining rig has its own firewall that only allows incoming connections from whitelisted IP addresses. The Coin Mine Australia facilities will have two fibre optic connections that are load balanced to provide stability. Coin Mine Australia has invested in a protocol that allows us to continue mining through 4G as a failsafe backup, in order to limit the risk of mining downtime. DDoS (Distributed Denial of Service) Protection Services will help mitigate network attacks. Coin Mine Australia will administer its own facility firewalls. The internal network design is designed to separate parts of the operation into different VLANs (Virtual LAN). This provides a further security measure to limit malicious activity arising from intrusion attempts. Mining Facilities & Physical Security The Coin Mine Australia mining operation is located in Western Australia. It is secured with biometric locks, security cameras and a monitored alarm service. Operation control and mining rig locations are further separated by biometric locked fencing Monitoring Monitoring the mining operation (both physical & virtual), including applications and mining performance, have all been considered when designing the logging and monitoring systems. Coin Mine Australia has developed software for in-depth real-time application monitoring, including procedures to analyze, report and escalate based on key metrics and thresholds to ensure optimal mining performance. What Cryptocurrency will be Mined Because we are GPU mining we are able to mine cryptocurrencies using many different algorithms including, CryptoNight, Groestl, Ethash, X11Gost, Equihash, Lyra2REv2, NeoScrypt, Blake (2b), Blake (14r) and Pascal.

17 15 The cryptocurrencies we mine include but are not limited to: Wallet Security Coin Mine Australia will use a secure multi-sig wallet configuration to secure crypto assets during mining and the transfer to token holders. Our internal procedures limit exposure to risk as follows: (i) Receive wallets will accept incoming mining rewards and will be restricted to only allow transfer to staging pool wallets; (ii) Pool wallets will only have granted permissions to transfer mining rewards to the CMA expansion wallet and Send wallets, ready for distribution to token holders. Each wallet will have applied security practices such as: (i) IP restrictions for sending (ii) Multiple approvers & cosigners (iii) Whitelisted send addresses

18 TGE DETAILS The Coin Mine Australia Token Generation Event (TGE) will be conducted exclusively on Coin Mine Australia s TGE website at Token Generation Event Pre-Sale Starting on the Monday, 19 March 2018 at 08:00 (GMT+8), Coin Mine Australia will open a pre-sale period. Anyone interested in participating in the pre-sale will be able to commit to a purchase of CMA Tokens via the TGE dashboard. Pre-sale participants will receive a 30% bonus on their CMA Token purchases. The Coin Mine Australia token generation event pre-sale period will close on Monday, 16 April 2018 at 07:59 (GMT+8). Token Generation Event Main Sale The Coin Mine Australia TGE Main Sale will start on Monday,16 April 2018 at 08:00 (GMT+8). 120,000,000 CMA Tokens have been allocated for the TGE and are priced at US$0.20 cents per token. The number of CMA Tokens available in the main sale will be dependent on the number of CMA Tokens sold in the pre-sale period. You will be able to acquire CMA Tokens in exchange for Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) or fiat currency. Payment must be received at (TGE Website) and at no other domains or portals. Please note that purchase of CMA Tokens is non-refundable. A hard cap of USD $24 million has been set for the TGE minus the cost of any tokens given during bonus periods. Coin Mine Australia reserves the right to end the TGE early if the full allocation of tokens has been purchased during any part of the TGE including the pre or main sales. Should there be any unsold tokens, these will be escrowed for 2 years and then be added to a Coin Mine Australia Token Reserve, or, may be burned by Coin Mine Australia at its sole discretion. Token Generation Event Metrics The Coin Mine Australia TGE will comprise of the following:

19 17 Total Allocation of CMA Tokens 150,000,000 CMA tokens have been created and will be allocated as follows: Token Generation Event Bonus Structure Coin Mine Australia will be awarding bonus CMA tokens to early adopters, the bonus tokens will be added at the time of purchase for any transaction that falls within the bonus periods. CMA Token purchase transactions that fall outside of the bonus periods will not be awarded bonus tokens.

20 18 Bounty, Marketing, Future Staff and Founder Incentives An allocation of 15,000,000 CMA tokens will be will be held for use as direct marketing incentives and for the Coin Mine Australia Bounty Campaign to encourage the growth of the Coin Mine Australia community. 7,500,000 CMA tokens will be retained for future staff and partners and be distributed if and when new team members are added. A further 7,500,000 CMA tokens will be allocated to founders and be escrowed for a period of 12 months after the TGE end date. Use of Funds Coin Mine Australia will deploy ninety two point five percent (92.5%) of funds raised in the TGE to hardware and infrastructure costs, including a hardware refresh reserve and contingency fund. The Funds shall be used for the development, compliance and construction of the Coin Mine Australia project as follows:

21 19 Release of CMA Tokens Coin Mine Australia anticipates that delivery of CMA Tokens to you will be after the receipt of funds from you, but no later than 60 days after the TGE closes if KYC/AML and verification documentation is submitted and accepted within 7days of the TGE completion. The CMA tokens will be sent to the Ethereum address provided by the purchaser at the time of the purchase. Coin Mine Australia will not accept any responsibility for the incorrect delivery of CMA tokens due to invalid Ether addresses supplied. (Further information including AML/KYC procedures can be found on the website and in the CMA Token Procedure and Specification document). MINR Token Participants can choose to retain CMA Tokens, which will be tradable on exchanges after listing. Alternatively, participants may elect to swap their CMA Tokens for Coin Mine Australia MINR Tokens prior to mining operations commencing. MINR Tokens will not be tradable on exchanges. MINR tokens are solely used to determine potential payouts from the coin mining operations. The purpose and benefit of the CMA /MINR Token structure is to enable participants to realize greater returns irrespective of whether they choose to hold CMA Tokens and trade for profit in the open market or choose to hold MINR Tokens and receive returns from mining operations. Effectively this structure reduces the pool size of both Tokens, increasing value and ROI accordingly. Where participants choose to swap their CMA Tokens for MINR Tokens participants should note that this is a non-reversible swap. Every CMA Token swapped for a MINR Token will be burned (extinguished) thereby ensuring that there is no risk of dilution in value to the remaining CMA Tokens. Data Security During the TGE The security of participants data is extremely important to Coin Mine Australia and the company will always ensure any data it is required to hold will be fully encrypted. Furthermore, Coin Mine Australia would encourage you to adhere to the following recommendations in order to further protect your interests and your personal information during and after the TGE: (i) Never send cryptocurrency or fiat to any address during the registration process. The only time Coin Mine Australia will be able to receive ETH, BTC, BCH, LTC or fiat currency will be during the TGE Pre-Sale and TGE Main Sale as specified on the Coin Mine Australia website. (ii) Use a ERC-20 compatible wallet where you hold the private key (iii) Create a backup (stored in a safe location) of the private ERC-20 wallet keys (iv) Never respond to a request for a payment by or Telegram. Coin Mine Australia will never request funds from any other channel other that the Coin Mine Australia TGE Website For further information please refer to the Token Sale Overview and How to Meta Mask documents on the website at

22 THE LEADERSHIP TEAM Coin Mine Australia is built on the knowledge and expertise of its people.

23 LEGAL Legal Disclaimer The purpose of this Whitepaper is to present Coin Mine Australia, a crowdfunded cryptocurrency mining operation, located in Western Australia and backed by physical infrastructure, to potential Token Holders who join the CMA Token Holder Community in connection with the proposed CMA TGE, or Crowdsale. The information set forth below should not be considered 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 CMA Tokens. Nothing in this White Paper shall be deemed to constitute a prospectus of any sort of a solicitation for investment, nor does it, in any way, pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. The document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction which are designed to protect investors. Certain statements, estimates, and financial information contained within this Whitepaper constitute forwardlooking, or pro-forma statements, and information. Such statements or information involve known and unknown risks and uncertainties which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. Nothing published by, or republished from, Coin Mine Australia or any of its subsidiaries should be interpreted as investment advice. Information is provided for educational and amusement purposes only. Coin Mine Australia is in no way providing trading or investment advice. Please consult with your appropriate licensed professional before making any financial transactions, including any investments related to ideas or opinions expressed, past, present, or future by the aforementioned entities and any future entities that may operate under the parent entities. Coin Mine Australia does not intend to express financial, legal, tax, or any other advice and any conclusions drawn from statements made by, or on, Coin Mine Australia shall not be deemed to constitute advice in any jurisdiction. Jurisdiction and Participation Restrictions Financial regulatory authorities around the world are increasingly looking to implement a regulatory framework on the Token Generation Event (TGE) market and classify Tokens as securities. Regulatory policy shifts have already taken place in countries including the United States, Singapore and China. It is the responsibility of participants to satisfy all relevant rules and regulations as they apply to them within the jurisdiction that they reside. Coin Mine Australia Pty Ltd is a private company incorporated in Australia and is governed by the rules of the Australian Securities and Investments Commission (ASIC). This TGE and associated CMA Token sale does not constitute an offer to sell, transfer or buy a security in any jurisdiction in which it is unlawful to make or solicit an offer. Participation in the in the Coin Mine Australia Token Generation Event has not been approved by the United States SEC or any other financial regulatory authority. Under United States law CMA and MINR Tokens may be categorized as a security given that token holders are participating in coin mining operations that may generate profits in the future. Consequently, certain restrictions apply to parties in the United States as token holders. The Coin Mine Australia TGE is compliant with these rules and restricts access for Citizens, Greencard holders and Residents of the United States to the category of Accredited Investors under the U.S. Security Act Regulation D Rule 506 (4). In the United States CMA Tokens can be distributed to Accredited Investors with a net worth of USD $1,000,000 (excluding the value of their primary residence) or have a minimum income of USD $200,000 each year for the last two years (or USD $300,000 combined income if married). The term "Accredited Investor" is defined under Rule 501 of Regulation D of the U.S. Security Act and classification requires confirmation from a Tax Advisor or Chartered Accountant. This Whitepaper does not constitute an offer to sell or a solicitation of an offer to buy a security in any jurisdiction and/or country in which it is unlawful to make such an offer or solicitation.

24 22 Know Your Customer (KYC) and Anti Money Laundering (AML) Coin Mine Australia operates in jurisdictions with strict KYC and AML regulations and takes its obligations under these regulations seriously. In order to meet regulatory KYC and AML requirements for the TGE identity verification and AML checks will be followed by a check of the investor category where applicable (upload of Tax Advisor / Chartered Accountant confirmation). The KYC process includes screening against international sanctions and know terrorist lists in addition to identifying politically exposed persons and people with adverse reputations. Risk Management Risk management practices underpin all decisions and processes within Coin Mine Australia and is a key priority for the Board and Management of the company. Accordingly, we are confident that the expertise and knowledge of our team enables us to minimize risk and guarantee the efficiency of the mining operations. However, we would ask participants to note that cryptocurrency mining offers no guarantee of financial returns or rewards and that successful cryptocurrency mining outcomes are heavily dependent on factors which the Coin Mine Australia and its Management Team have little or no control. A detailed analysis of the risks associated with cryptocurrency mining are fully outlined in the Disclosure Document which can be found on the Website Corporate Governance Coin Mine Australia has a strong and transparent corporate governance structure. We apply best practice to the decision making processes within the company and our objectives are set with regard to the interests of CMA Token holders, other stakeholders, the regulatory and market environments we operate in. The Company is externally audited by an international accounting firm and engage the services of external management consultants regularly in support of the Board and Management. Coin Mine Australia prides itself on being an ethical corporate citizen and is dedicated to meeting its social responsibilities. Your Information and Privacy Coin Mine Australia respects your privacy in accordance with the Australian Privacy Principles in the Privacy Act Personal information received from Token Holders, customers, vendors, employees and other may be disclosed to law enforcement, government officials and other third parties when Coin Mine Australia is required to do so by law, subpoena or court order. Coin Mine Australia will claim no responsibility nor be held liable for any such information disclosure. Coin Mine Australia will not share information unless required to do so by law. A detailed copy of the Privacy Policy can be found on the Website

25 THANK YOU! FOR YOUR TIME 45 Ventnor Avenue West Perth, WA 6005 Australia