Jun 29, 2019
Ramak J. Sedigh, CEO of Plouton Mining, has been a life-long entrepreneur across many industries who is bringing his multi-disciplinary talents and track record of success to building N. America’s largest solar-powered bitcoin mining operation in Western Mojave California. Ramak began his professional life in the real estate industry by building a 1900-unit apartment portfolio in the late 1980s. Later, he started, built and sold a successful online tenant screening service with one of the early nationwide criminal databases in the US. Ramak has a BS in Political Science from the University of Houston.
Plouton Mining (based in
LA), will be North America’s largest solar-powered bitcoin mining
facility. Based on 50 acres in Western Mojave, CA, Plouton Mining
will implement new sustainable mining practices via solar panels
that will allow the industry to continue to grow, while also
providing ordinary investors with the opportunity to participate in
the process of mining via a security token. The way Plouton Mining
will contract with local utility providers will allow for
ultra-cheap operating costs when the sun goes down. This will
benefit both the project and the utility companies themselves.
Because utility companies sell the bulk of their energy during peak
hours when demand is highest, they are left with an excess supply
during much of the nighttime hours when demand is much lower.
Plouton’s next-generation ASIC miners will operate with maximum
efficiency, both day and night.