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Topic: [ANN] HydroMining | Green Mining, environmentally friendly and profitable - page 42. (Read 40869 times)

newbie
Activity: 33
Merit: 0
Very interesting project.

When will the registration form to whitelist be released?
member
Activity: 182
Merit: 10
good project, i love green electric
sr. member
Activity: 265
Merit: 250
Football President
Considering the latest changes to the ICO:

1. How will it be determined how much power/time does one H2O token provide?

2. What incentives will there be for the HydroMiner team to work on the project after the ICO is over? Now that there is no distribution of H2O tokens to the management, there does not seem to be any incentive for them to support H2O value.

1. H2O is a voucher for mining time. Each H2O token can be exchanged for a specific period (and a specific energy consumption) in which you will be able to use our mining farm. You may choose to use the mining farm for any coins that we offer on our platform.

Each token can be exchanged to 1 kwH of mining power for a specific time (12, 18 or 24 months). The resulting net mining proceeds are paid out to the user’s HydroMiner platform wallet. Net proceeds are mining proceeds minus operational expenses and hardware repurchases. Depending on the market, we expect that net proceeds will be 20-40% of gross revenue. 10% of the mining net profits are distributed to the team.

2. Team will have 10% of profits + after time contract with investor all equipment will be at possession of HydroMiner


I presume you are refering to this on page 19 of WP

Contract                             Mining Currency                Term  (Months)     Total
Return

1,000 H2O                           BTC                                          12               3,350.6
              

1,000 H2O                           BTC                                          18             3,909.4

1,000 H2O                            BTC                                          24             5,584.7

1,000 H2O                           ETH                                          12             3,659.7

1,000 H2O                           ETH                                          18             4,270.2

1,000 H2O                           ETH                                          24             6,099.5

I cannot understand this table  I presume 1000 H2O is 10 ETH in cost -~ $3000  -so take a 12 month term and you get $3,659.70 back ? and if you take at 24 month contract you get $6099.50

I  am not sure if this is correct Huh

need to wait for calculator
copper member
Activity: 1330
Merit: 899
🖤😏
A white paper and 3 pictures is enough to sell mining farm worth millions? no body told me, time to change my activity token name and hire a white paper writer.
The new contract isn't very clear for me!

* H2O token is a voucher for mining time. What will happen with the tokens after a specific period has ended? For example: when you chose a contract for 12 months. After 12 months, you can use the same token for a new contract or it will be lost/burnt? If lost/burnt, it will be better to choose a contract for a longer period? 24 or 36 months? Or  will it be refund together with the net mining proceeds?

* When will net mining proceeds be paid out? Monthly or at the end of the period?
In which currency will the net mining proceeds be paid? Or will all currencies be exchanged to ETH?

* New calculator test available now at the HydroMiner website!
When I did some simulations in the past with the old calculator, this seemed to be more profitable than with the updated version! :-(
You are burning the tokens when using them for mining, they should last for a life time, if not then what happens when every body burned their tokens?
newbie
Activity: 2
Merit: 0
To sum this up:
You already did a pre-sale with a whitepaper telling 1 H2O Token is 1 Watt mining power over 20 years and now you have changed that?! WTF?! Shocked

Yes indeed, what will happen with funds collected during pre-sale? You're changing rules during the game!!!
Can funds be returned to the investors when they don't agree with the white paper.
newbie
Activity: 2
Merit: 0
The new contract isn't very clear for me!

* H2O token is a voucher for mining time. What will happen with the tokens after a specific period has ended? For example: when you chose a contract for 12 months. After 12 months, you can use the same token for a new contract or it will be lost/burnt? If lost/burnt, it will be better to choose a contract for a longer period? 24 or 36 months? Or  will it be refund together with the net mining proceeds?

* When will net mining proceeds be paid out? Monthly or at the end of the period?
In which currency will the net mining proceeds be paid? Or will all currencies be exchanged to ETH?

* New calculator test available now at the HydroMiner website!
When I did some simulations in the past with the old calculator, this seemed to be more profitable than with the updated version! :-(




sr. member
Activity: 588
Merit: 252
To sum this up:
You already did a pre-sale with a whitepaper telling 1 H2O Token is 1 Watt mining power over 20 years and now you have changed that?! WTF?! Shocked
full member
Activity: 266
Merit: 106
Considering the latest changes to the ICO:

1. How will it be determined how much power/time does one H2O token provide?

2. What incentives will there be for the HydroMiner team to work on the project after the ICO is over? Now that there is no distribution of H2O tokens to the management, there does not seem to be any incentive for them to support H2O value.

1. H2O is a voucher for mining time. Each H2O token can be exchanged for a specific period (and a specific energy consumption) in which you will be able to use our mining farm. You may choose to use the mining farm for any coins that we offer on our platform.

Each token can be exchanged to 1 kwH of mining power for a specific time (12, 18 or 24 months). The resulting net mining proceeds are paid out to the user’s HydroMiner platform wallet. Net proceeds are mining proceeds minus operational expenses and hardware repurchases. Depending on the market, we expect that net proceeds will be 20-40% of gross revenue. 10% of the mining net profits are distributed to the team.

2. Team will have 10% of profits + after time contract with investor all equipment will be at possession of HydroMiner
member
Activity: 112
Merit: 10
is this okay for US resident?

Hello,

We are checking with our lawyers. At the moment US citizens are still not allowed to participate. We are still excluding them just to be extra cautious. If something changes we will announce it.
newbie
Activity: 1
Merit: 0
Considering the latest changes to the ICO:

1. How will it be determined how much power/time does one H2O token provide?

2. What incentives will there be for the HydroMiner team to work on the project after the ICO is over? Now that there is no distribution of H2O tokens to the management, there does not seem to be any incentive for them to support H2O value.
newbie
Activity: 31
Merit: 0
is this okay for US resident?
member
Activity: 112
Merit: 10
New whitepaper online!!!

Please read the blog post for a summary of changes: https://www.hydrominer.org/back-boom-looking-forward-token-sale/

We are excited to be able to go ahead and having a token model compatible with Austrian regulations... while we had to implement some changes, we believe this model is safer for our community and better for contributors. Please ask all questions you may have and Nadine, Christian, and our team will be here to answer.
member
Activity: 127
Merit: 10
And then....

 to look better: of any post that is written against HydroMining, none of them have in sign their signature ... this makes me think about it.

 Huh


True!!! I've noticed that all those who write bad news about HydroMinig, none of them have signed their signature.

Will it be a case Huh?? We'll see
member
Activity: 127
Merit: 10
Looks like the whitepaper was pulled? Does anyone know where to find it?

At the moment whitepaper is being updated. The team is fine-tuning their token model to work with Austrian regulations. We hope HydroMiner team will release it soon. Stay tuned.

Austrians causing problems again?
Again  Huh
They have no compagny, no communication and are totally unprofessional. Which country administration will validate their ICO?

There are problems with this ICO???

I would not want to waste more time and resources for another ICO that goes wrong.

Please update me on what's happening.

The team should make a public statement and speculate on the situation.


participating in ICOs is always very risky.
Since there are so many ICOs, it is very difficult to distinguish those good from those fake ones.
In any case, every 1000 ICOs I believe only 10 are the true and promising ones. The rest is just scam....

Anyway I believe and hope this is one of the good ones. HydroMining


In this case, maybe the Chinese are good at banning ICO.

In any case, some rules should be put in place, because here it is no longer a game where simply mined bitcoins are spent, but a real investment where people spend real money.

member
Activity: 112
Merit: 10
And then....

 to look better: of any post that is written against HydroMining, none of them have in sign their signature ... this makes me think about it.

 Huh
member
Activity: 112
Merit: 10
Looks like the whitepaper was pulled? Does anyone know where to find it?

At the moment whitepaper is being updated. The team is fine-tuning their token model to work with Austrian regulations. We hope HydroMiner team will release it soon. Stay tuned.

Austrians causing problems again?
Again  Huh
They have no compagny, no communication and are totally unprofessional. Which country administration will validate their ICO?

There are problems with this ICO???

I would not want to waste more time and resources for another ICO that goes wrong.

Please update me on what's happening.

The team should make a public statement and speculate on the situation.


participating in ICOs is always very risky.
Since there are so many ICOs, it is very difficult to distinguish those good from those fake ones.
In any case, every 1000 ICOs I believe only 10 are the true and promising ones. The rest is just scam....

Anyway I believe and hope this is one of the good ones. HydroMining
member
Activity: 127
Merit: 10
Looks like the whitepaper was pulled? Does anyone know where to find it?

At the moment whitepaper is being updated. The team is fine-tuning their token model to work with Austrian regulations. We hope HydroMiner team will release it soon. Stay tuned.

Austrians causing problems again?
Again  Huh
They have no compagny, no communication and are totally unprofessional. Which country administration will validate their ICO?

There are problems with this ICO???

I would not want to waste more time and resources for another ICO that goes wrong.

Please update me on what's happening.

The team should make a public statement and speculate on the situation.
member
Activity: 112
Merit: 10
Looks like the whitepaper was pulled? Does anyone know where to find it?

At the moment whitepaper is being updated. The team is fine-tuning their token model to work with Austrian regulations. We hope HydroMiner team will release it soon. Stay tuned.

Austrians causing problems again?
Again  Huh
They have no compagny, no communication and are totally unprofessional. Which country administration will validate their ICO?


Hey!??? What's going on???

Any bad news?? Please let me know?
member
Activity: 115
Merit: 10
Looks like the whitepaper was pulled? Does anyone know where to find it?

The WP is currently being updated as they ran into some roadblocks with the Austrian government compliance issues. The revised WP should be available shortly. Im confident there is enough information out there to confirm this team has a killer concept in the making.
member
Activity: 240
Merit: 10
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