Business Plan on BITCOIN MINING Executive Summary

This sample bitcoin mining business plan in Nigeria can be used for government and non – government business grant applications, for bank loan applications, for business proposal writing, to write business concept notes, for business grant competitions, other competitions and so on. The bitcoin mining business plan in Nigeria is a very viable business idea, which will require a lot of strategic planning to start. You will need the technical knowledge and expertise of a professional business consultant in Nigeria like Dayo Adetiloye to help you with the implementation of the business plan.

BUSINESS DESCRIPTION OF THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

Business: BITCOIN MINING

Industry: CRYPTOCURRENCY

Bitcoin mining in its simplest terms is the practice of addition transaction records to bitcoin’s public ledger of previous transactions or block chain.

Patilad Silicon Inc is a registered and licensed cryptocurrency and digital payment system company that specializes in bitcoin mining services. The company will be based in Shomolu, Lagos where we were able to secure a well – positioned and standard office facility. We are aware that running a standard bitcoin mining company can be very demanding which is why we are well trained, certified and equipped to perform excellently in the business

Patilad Silicon Inc is a client – focused and result driven cryptocurrency and a digital payment system company that provides broad – based services at an affordable fee to our clients. We will ensure that we work hard to meet and surpass our clients expectations whenever they hire our services to mine bitcoin for them. At PATILAD Silicon Inc our clients best interest will always come first and everything we do is guided by our values and professional ethics. We will ensure that we hire professionals who are well experienced in mining bitcoin and other cryptocurrencies. Patilad Silicon Inc will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and intergrating sustainable business practices wherever possible.

The Benefits of our Products and Services are;

– Actively participating in our community and intergrating sustainable business practices

– Employment opportunities

– Provision of broad – based services to our clients

– Special training packages for staff

Relate BUSINESS PLAN

OUR PRODUCTS AND SERVICES

BITCOIN MINING BUSINESS PLAN IN NIGERIA

Patilad Silicon Inc is going to offer a range of services within the scope of the cryptocurrency and digital payment system industry in Nigeria. Our intention of starting the bitcoin mining company is to work with bitcoin exchange and trading companies, people and organizations that make online transactions in our immediate community and State and people on the cyber space who make use of bitcoin all over the world. We are prepared to make profits from the industry and we will do all that is permitted by the law of Nigeria to achieve our goals and objectives. Our business offerings are listed below:

Bitcoin cloud mining
Bitcoin cloud hashing
Providing other related bitcoin and cryptocurrency and a digital payment system consulting and advisory services.

KEYS TO SUCCESS

The keys to the success of the digital marketing agency business plan in Nigeria are as follows;

– High quality online payment services

– Building trust with our clients

– Having a good location

– Modern solution and technology

– Maintaining a team of motivated and dedicated staff

– Constant and uninterrupted power supply

OBJECTIVES FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

The objectives of the bitcoin mining business plan in Nigeria are as follows:

To ensure fairness while keeping the bitcoin network stable, safe and highly secured
Promptness in bidding for bitcoin mining and hashing contracts from bitcoin exchange and trading companies, programmers, investors and organizations around the world
To maximize profits in the cryptocurrency and digital payment system
To ensure that we do all it takes to attract clients on a regular basis
To achieve net profit in year one, increasing in year two by containing costs and meeting sales targets

GOALS FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

The following are the goals for the bitcoin mining business plan in Nigeria:

– To create products whose primary goal is to exceed our customers expectations

– To initiate a relationship with trading companies, programmers and investors in and outside Nigeria

– To be among the first five bitcoin mining companies in the world

– To provide Employment opportunities for over hundred people in our first year

VISION FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

Our vision is to build a bitcoin mining company that will become the number one choice for individuals, smaller companies and corporate clients in the whole of Nigeria and in the cyber space

MISSION FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

BITCOIN MINING BUSINESS PLAN IN NIGERIA

Our mission is to contribute our part in addition transaction records to Bitcoin’s public ledger of previous transactions or block chain. We will position the business to become one of the leading brands in the bitcoin mining line of business in the whole of Nigeria and also to be amongst the top ten cryptocurrency and digital payment system companies in Nigeria in our first five years

MANAGEMENT TEAM OF THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

The management team of the bitcoin mining business plan in Nigeria is made up of the following people;

Benjamin Oke: He has over ten years of experience working at various capacities within the cryptocurrency and digital payment system industry in Nigeria. Ben graduated from the University of Lagos with a degree in information technology and University of Harvard ( MBA). He is also a certified Bitcoin Professional ( CBP)

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Dayo Adetiloye: ( B.AGRIC, MBA, and PMP). He has over fifteen years of experience in business management, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC), of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner of the company.

We brought to the business;

– Educational skill and practical experience in the bitcoin mining industry

– The capacity to consistently deliver outstanding service

– Quality products and services with a good understanding of the market trend

– Our staff brings operational, promotional, technical, managerial and leadership skills to the business

MANAGEMENT EXPERIENCE GAINED FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

With over ten years of extensive experience in the bitcoin mining industry and through having a wide exposure to both the technical and business aspects of service, I have been able to master the technical requirements, the financial management, staff recruitments and organizational skills among other things which are necessary to give us a good commendation and quality referrals from our clients. My managerial skills has also helped me in putting together a workforce for over two years and to organise the teamwork in most aspects of the company. I am the CEO of the company and I am responsible for overseeing the day to day activities of the company

MATERIALS AND EQUIPMENTS REQUIRED FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

The following materials and equipments are required for the bitcoin mining business plan in Nigeria:

Office building, office equipments, clerical materials and tools, company vehicle, software and so on

COMPETITOR ANALYSIS FOR THE BITCOIN MINING BUSINESS PLAN IN NIGERIA

We get our huge clientele due to these reasons;

We provide technical assistance and support for incoming queries and issues related to cryptocurrency and digital payment system effectively and efficiently
Our team go all the way to give our clients value for their money
Quality assured standard
Prompt service delivery
Fair and best possible prices

Our three main competitive advantages are: