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description: COPIUM MINING NEW ZEALAND
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# - Overview



Copium Mining is a New Zealand registered, cryptocurrency mining company.

Copium Mining has several mining facilities worldwide , the largest of which is based in a small, isolated town at the foothills of NZ’s beautiful Southern Alps, just outside Dunedin, Otago.

This temperature controlled location is ideal for our mining facility for a multitude of different factors and is hugely unique in the fact that it is completely supplied by a surplus of 100% Clean, Green, Renewable Hydroelectricity, generated just a few Kms away.

This key factor is what allows us to operate a very efficient, profitable , low cost business model.

Copium Mining has a successful, established, long term track record of operation and a respected reputation in the New Zealand Cryptocurrency industry.

* _<mark style="color:red;">**Funds from the sale of the 10,000 collection of Copium Protocol Investor pass NFTs will be used to purchase bulk quantities of the latest, and most power efficient generation of miners from our suppliers, who we have established relationships with in order to secure the lowest prices and preferential supply.**</mark>_
* _<mark style="color:red;">**Funds will also be used to upgrade and expand the capabilities and infrastructure of the current Copium Mining facilities, in order to integrate the addition of new mining equipment.**</mark>_
* _<mark style="color:red;">**Revenue generated by the Copium Mining facility will be used daily to purchase Copium Coin from the open market,  Coins purchased via mining revenue will be sent to the token burn address , decreasing circulating supply, increasing scarcity, ensuring Copium Coin remains a deflationary asset.**</mark>_
