Company Information

Get to know DriveMining

DriveMining GmbH is a German-based startup that has developed a unique hardware and software solution to utilize the surplus energy and downtime of electric vehicles (EVs) for cryptocurrency mining. Their mission is to create a sustainable and decentralized mining network by turning EVs into passive income sources. The company offers a proprietary device, the "DriveMiner," which can be installed in a car, and also provides NFT-based "virtual car miners" that represent a share in their mining operations, allowing participation without owning an EV or hardware.

Industry

Crypto CryptocurrencyPRIMARY

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DriveMining

Germany

Founded in

01 Jan 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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2017

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.