[ANN] HydroMining | Green Mining, environmentally friendly and profitable - page 28.

Mi5h0

sr. member

Activity: 560

Merit: 273

Quote from: mashechkala on November 07, 2017, 01:20:28 PM

So, what would happen if I use my tokens to start an Ethereum-mining contract, and after the first year mining ETH becomes unprofitable, or irrelevant. How is Hydrominer planning to deal with such a situation specifically in relation to me? Do nothing? Allow me to switch to another coin?

I was also interested in this, so I examined in detail the available information.

From HydroMiner White Paper, page 24:
Initially, and as long as it's profitable, the chosen currency will be mined primarily. In case the profitability of
the chosen currency decreases, we will use the allocated kwH on a best-effort basis to mine the most profitable coin for you.

I hope this helps.

chefket

sr. member

Activity: 700

Merit: 250

Quote from: mashechkala on November 07, 2017, 01:20:28 PM

So, what would happen if I use my tokens to start an Ethereum-mining contract, and after the first year mining ETH becomes unprofitable, or irrelevant. How is Hydrominer planning to deal with such a situation specifically in relation to me? Do nothing? Allow me to switch to another coin?

Sorry that you feel that way about Amazix, we try our best to help everybody and don't ban anyone unless they are spamming or being unreasonable.

In regard to your question:
If ETH mining becomes unprofitable or irrelevant Hydrominer would proactively switch to other coin on a best effort basis.

mashechkala

newbie

Activity: 6

Merit: 0

So, what would happen if I use my tokens to start an Ethereum-mining contract, and after the first year mining ETH becomes unprofitable, or irrelevant. How is Hydrominer planning to deal with such a situation specifically in relation to me? Do nothing? Allow me to switch to another coin?

mashechkala

newbie

Activity: 6

Merit: 0

Quote from: Enre on November 07, 2017, 07:54:56 AM

Quote from: mashechkala on November 07, 2017, 04:58:15 AM

I have a question for the team: why are the contracts so long, - 2 years!? It makes impossible for users to make even remotely educated decisions on what cyrrency to mine. Nobody can predict the situation in 1 year. Is it fair to the users?

You can follow the autoswitching algorithm that will switch mining for profit by HydroMiner if you don't know or trust any single mineable cryptocurrency

This reply doesn't address the question that I asked (which is characteristic of AmaZix Mods).
Really, getting info here is like pulling teeth... And Amazix Mods ban users on Telegram for asking inconvenient questions Sad

Enre

sr. member

Activity: 617

Merit: 256

ICO Accelerator & Consultant

Quote from: mashechkala on November 07, 2017, 04:58:15 AM

I have a question for the team: why are the contracts so long, - 2 years!? It makes impossible for users to make even remotely educated decisions on what cyrrency to mine. Nobody can predict the situation in 1 year. Is it fair to the users?

You can follow the autoswitching algorithm that will switch mining for profit by HydroMiner if you don't know or trust any single mineable cryptocurrency

klax

full member

Activity: 324

Merit: 100

I am very curios after the ICO is finished what will be the general feeling about this coin. I see many people are very confused about how it will all work, and I'm afraind things are gonna get messy in the end.

mashechkala

newbie

Activity: 6

Merit: 0

I have a question for the team: why are the contracts so long, - 2 years!? It makes impossible for users to make even remotely educated decisions on what cyrrency to mine. Nobody can predict the situation in 1 year. Is it fair to the users?

Shahrul09

sr. member

Activity: 504

Merit: 251

Quote from: thehun on November 04, 2017, 05:28:04 AM

We are launching our affiliate program today! Refer your friends to HydroMiner, and get 5% bonus H2O tokens.

Please see the announcement here:
https://www.hydrominer.org/welcome-affiliates/

And register as affiliate here:
https://www.hydrominer.org/affiliates/

Kanatis

member

Activity: 64

Merit: 10

I have not seen such a project yet. I think he will find his client.

S3cco

hero member

Activity: 2054

Merit: 528

❤ Bitcoin Garden

Bitcoin Garden: HydroMiner Launches Affiliate Program, 10% Bonus Ends on Wednesday
https://bitcoingarden.org/hydrominer-launches-affiliate-program-10-bonus-ends-wednesday/

There has been a lot of buzz recently about HydroMiner in the cryptocurrency world. The Austrian company entered the market with a unique proposition to utilize green energy to mine crypto currencies.

We have been covering HydroMiner’s evolution since its launch, and we reported, for example, on how its pre-ICO offering sold out in a record 36 minutes, setting a new record.

HydroMiner uses water-powered mining rigs to carry out currency mining operations. And it has a big card in its favor. The company obtains 1 kWh of electricity at around 3.5c, which is decidedly lower than the European average price. This low price enables HydroMiner to perform intensive mining at an affordable price...

mickp

sr. member

Activity: 340

Merit: 250

Quote from: Enre on November 06, 2017, 04:16:16 AM

Hey there everyone, just got back with an announcement from the team!

HydroMiner tokens will be listed on Singaporean exchange COSS.io!
For more information please read more here: https://www.hydrominer.org/hydrominer-will-listed-coss/

Great news -> www.coss.io is nice exchange to start with.
Coss have big plans so the volumes will get higher in future.
Good job Dev

Enre

sr. member

Activity: 617

Merit: 256

ICO Accelerator & Consultant

Hey there everyone, just got back with an announcement from the team!

HydroMiner tokens will be listed on Singaporean exchange COSS.io!
For more information please read more here: https://www.hydrominer.org/hydrominer-will-listed-coss/

obsbtc

member

Activity: 1330

Merit: 10

Quote from: ?? on ??

I like the idea of. It will simplify our life. Can you give us some more details about this concept?

Beyond what's on the thread, you can check out the whitepaper for more details: https://www.hydrominer.org/wp-content/uploads/HydroMiner.pdf

Adriano2010

hero member

Activity: 1414

Merit: 516

Quote from: Adriano2010 on November 04, 2017, 09:49:35 AM

https://etherscan.io/address/0x2a2638ca63f5a14fff209c0574692e5556543d06

Before i invest, can someone from team explain why this address receive 3750 H2O without sending any ETH? Or who belongs this address?

Can you answer dev to this, what is H2O contract address , as on site say that address will receive H2O only if send ETH, why this address receive H2O and who belongs this address?

BrotDinos

member

Activity: 308

Merit: 10

Quote from: CapacabanaBitch on November 05, 2017, 06:12:24 PM

Do you have telegram channel?

Yes, of course! Here you go: https://t.me/Hydrominer

CapacabanaBitch

newbie

Activity: 42

Merit: 0

Do you have telegram channel?

Black_bl

full member

Activity: 503

Merit: 102

Quote from: IM084 on November 05, 2017, 12:10:27 PM

Quote from: Tradingriver on November 05, 2017, 11:33:21 AM

if you need help for the watercooling take a look here https://www.cloudandheat.com/de/index.html
they have already a working micro mining container with watercooling deployed.

Thank you for your input lets keep this about HydroMiner. Please contact directly on the website with any referrals.

Hi, are there any negotiations with exchanges? Will be H2O token on exchange 2017 yet?

IM084

newbie

Activity: 6

Merit: 0

Quote from: Tradingriver on November 05, 2017, 11:33:21 AM

if you need help for the watercooling take a look here https://www.cloudandheat.com/de/index.html
they have already a working micro mining container with watercooling deployed.

Thank you for your input lets keep this about HydroMiner. Please contact directly on the website with any referrals.

Tradingriver

full member

Activity: 150

Merit: 100

if you need help for the watercooling take a look here https://www.cloudandheat.com/de/index.html
they have already a working micro mining container with watercooling deployed.

IM084

newbie

Activity: 6

Merit: 0

Quote from: ?? on ??

Which currency will be accepted during the ICO?

Ether.
At the moment, 1 Ether= 110H20, but in 3 days you will get 105H20

The Token Sale is running now.
https://www.hydrominer.org/token-sale/

Topic: [ANN] HydroMining | Green Mining, environmentally friendly and profitable - page 28. (Read 40906 times)