Interviewer: Good morning, Mr. Adil Khalil Ahmad Butt. Thank you for taking the time to speak with us today. As the Group Director of Sales & Strategic Planning at Traverse Prime Group, an Information Technology group successfully running a crypto mining investment company and an IT division having presence with multiple portfolios in Saint Vincent & The Grenadines, Turkiye, United States and Pakistan, we are excited to learn more about your journey and the accomplishments of your company. First and foremost, congratulations on Traverse Prime Ltd’s two-year anniversary! How does it feel to reach this milestone?
Mr. Adil Khalil Ahmad Butt: Thank you for having me. It’s an absolute pleasure to be here. Reaching the one-year mark is a significant achievement for Traverse Prime Ltd and a testament to the hard work and dedication of our team. We are thrilled to have successfully navigated second year in the highly dynamic and evolving world of crypto mining investments. It’s an exciting time for our company, and we are proud of the progress we’ve made this far.
Interviewer: Could you please provide our readers with an overview of Traverse Prime Ltd and the services it offers within the crypto mining investment space?
Mr. Adil Khalil Ahmad Butt: Certainly. Traverse Prime Ltd is a crypto mining investment company that focuses on harnessing the potential of cryptocurrencies through the process of mining. We leverage advanced technology and strategic partnerships to engage in efficient and profitable crypto mining operations. Our primary objective is to offer individuals and institutional investors a secure and reliable avenue to participate in the crypto market and benefit from the potential returns it can provide.
At Traverse Prime Ltd, we understand the complexities and risks associated with crypto mining, and we aim to mitigate those risks through careful planning, robust infrastructure, and an experienced team of professionals. We provide our clients with investment opportunities that cater to their specific needs and objectives.
Interviewer: With the rapidly changing landscape of cryptocurrencies and the increasing regulatory scrutiny, how has Traverse Prime Ltd adapted to these challenges and remained successful in the market?
Mr. Adil Khalil Ahmad Butt: Adaptability is key in this industry, and we have always been proactive in responding to market dynamics and regulatory developments. Our team closely monitors the global crypto landscape and keeps abreast of regulatory changes to ensure compliance and the security of our operations.
To maintain our success, we have also made significant investments in cutting-edge mining equipment and technologies. This allows us to optimize our operations, enhance efficiency, and ensure competitive returns for our investors. Additionally, we prioritize strong partnerships with reputable industry players to leverage their expertise and stay ahead of the curve.
Interviewer: Can you shed some light on the business achievements & mining performance of Traverse Prime Ltd over the past year?
Mr. Adil Khalil Ahmad Butt: Absolutely. In the past year, Traverse Prime Ltd has accomplished several significant milestones.
Successful establishment of multiple mining farms equipped with state-of-the-art infrastructure. These farms utilize renewable energy sources wherever possible to minimize the environmental impact of our operations.
Consistently delivered impressive returns to our investors, even in the face of market volatility. Our profit & referral commission withdrawals in fiscal year 2022 – 2023 are reported to more than 250,000 dollars against the total deposit of 500,000 dollars plus. Our focus on strategic planning, risk management, and operational excellence has helped us navigate the market’s ups and downs and maintain profitability.
Additionally, we have expanded our client base and strengthened our partnerships within the crypto industry. This has allowed us to foster a robust network of industry experts, ensuring that we stay ahead of emerging trends and continue to provide innovative investment opportunities.
Mining Machines Performance:
Hash Rate Achieved:
Machine Name: CryptoMinerX-2000
Average Hash Rate: 250 TH/s
Mining Efficiency: 0.12 J/GH
Total Machines: 42 Units
The CryptoMinerX-2000 proved to be our top-performing ASIC miner during the reporting period. With a hash rate of 250 TH/s and excellent mining efficiency of 0.12 J/GH, it consistently delivered outstanding performance in mining cryptocurrencies that utilize the SHA-256 algorithm, such as Bitcoin.
During the specified timeframe, the Traverse Prime crypto mining machines showcased exceptional performance in terms of hash rate. The highest hash rate achieved by any machine was recorded at 327.5 MH/s. This particular machine consistently demonstrated superior computational power, resulting in increased mining efficiency.
Machine Name: CryptoRigZ-500
GPU Model: Nvidia GeForce RTX 3080
Average Hash Rate: 98 MH/s
Power Consumption: 220W
Total Machines: 42 Units
Our CryptoRigZ-500 equipped with Nvidia GeForce RTX 3080 GPUs demonstrated exceptional performance in mining cryptocurrencies based on the Ethash algorithm, such as Ethereum. With a hash rate of 98 MH/s and a power consumption of 220W, this rig proved to be a reliable and efficient choice for GPU mining operations.
The GPU performance of the Traverse Prime crypto mining machines played a vital role in achieving the outstanding hash rates. With advanced graphics processing units, these machines were able to handle complex cryptographic calculations efficiently. The GPU performance was measured based on several factors, including power consumption, thermal management, and overall stability.
Interviewer: Looking ahead, what are Traverse Prime Ltd’s goals and aspirations for the future?
Mr. Adil Khalil Ahmad Butt: As we move forward, Traverse Prime Ltd aims to further solidify its position as a leader in the crypto mining investment space. Our primary goal is to continue generating consistent returns for our investors while adhering to the highest standards of security and compliance.
We plan to expand our mining operations by increasing the scale and efficiency of our existing farms. Additionally, we are exploring opportunities to diversify our crypto mining portfolio by incorporating different cryptocurrencies and mining algorithms. This will allow us to capitalize on emerging trends and maximize returns for our investors.
Moreover, we are committed to promoting sustainability and minimizing our carbon footprint. We will continue to invest in renewable energy sources and explore innovative technologies that promote eco-friendly mining practices.
Lastly, we aim to strengthen our global presence and establish strategic partnerships with key players in the crypto industry. By leveraging these partnerships, we can enhance our expertise, explore new markets, and offer our clients a broader range of investment opportunities.
Interviewer: What do you think; is there any change of promoting crypto mining / cryptocurrencies to be promoted under the Islamic concept
Mr. Adil Khalil Ahmad Butt: In my opinion it is a kind of a platform or you can say a kind of a trading option that can be used under any kind of concept. As you have asked; it is very important to understand the Islamic thinking and we have to access under what circumstances the trading of cryptocurrencies and mining of crypto currencies are to be acceptable
First of all the mining of cryptocurrencies is one of its kind to generate another source to be used as medium of exchange just like physical currencies printed or issued by the central banks or credit cards being issued by the conventional or Islamic banks.
Secondly the trading of cryptocurrencies is prohibited by some of the Islamic scholars and some of the Islamic scholars are giving their way of expressions in acceptable way. The only question raised for denial of accepting cryptocurrencies is that it is a virtual medium of exchange and it can be used for illegal activities.
As per my opinion it logic is weak as a discussion for denying the same because in present era we can observe that most of the people have started virtual business activities related to different sectors like trading, services etc.
Most of the people do business activities as third party vendors and can earn their share of income as commission or share of profit.
In my opinion if the physical medium of exchange can be used for illegal activities then it should also be considered as illegal medium of exchange. So future natured newly established currency type should be accepted for better business opportunity.
Interviewer: That sounds very promising. Finally, as we conclude this interview, what message would you like to convey to potential investors and individuals interested in the crypto mining investment space?
Mr. Adil Khalil Ahmad Butt: To potential investors and individuals interested in crypto mining investments, I would like to emphasize the immense potential of this rapidly evolving industry. Cryptocurrencies have gained widespread recognition and adoption, and mining presents an opportunity to participate in this digital revolution.
However, it is crucial to approach this space with caution and thorough research. At Traverse Prime Ltd, we prioritize transparency, security, and risk management. We encourage investors to thoroughly understand the risks and rewards associated with crypto mining investments and seek professional guidance before making any investment decisions.
With the right knowledge, a trusted partner, and a long-term perspective, crypto mining investments can be a valuable addition to an investment portfolio. We invite potential investors to reach out to us, explore our offerings, and join us on this exciting journey.
Interviewer: Thank you, Mr. Adil Khalil Ahmad Butt, for sharing your insights and providing us with a glimpse into the achievements and aspirations of Traverse Prime Ltd. We wish you continued success in the future.
Mr. Adil Khalil Ahmad Butt: Thank you for having me. It has been a pleasure discussing our company’s journey and future plans. We are excited about the opportunities that lie ahead, and we remain committed to delivering excellence in the crypto mining investment space.
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