Topic: [ANN] HydroMining | Green Mining, environmentally friendly and profitable - page 46. (Read 40869 times)

Hi I watch video where you show that this project isn't scam... like it

Who decide what you gone mining, because you use regular GPU mining with graphic card? 

Hello!

Thank you for your request!

1. Legal situation ICO in Austria. Few days ago HydroMiner released press-release where they informed about postponing ICO to 18th of October because HydroMiner is fine-tuning token model to work 100% compliant to Austrian regulations. All legal questions should be resolved up to the beginning of ICO. More details you can check here: https://www.hydrominer.org/important-update-postponing-token-sale/

2. Insurance against risks. HydroMiner team is preparing very careful to new facilities and provides even extra security measures. It was stated in the old whitepaper and should be in a revised new version. Which should be released soon.

3. Profit share. One of the main questions in whitepaper is explaining of profit sharing with investors. You should check for details in an upcoming revised version of the whitepaper. But at the moment I can tell you that 80% will be shared with investors and paid monthly.

Best

Three important issues are addressed.
1- The legal situations of Ico in Austria.
2- Insurance against risks such as theft / spoilage or natural disaster
3-Profit share


First off all I can say that. If they are really determined, they will meet the legal requirements in their country. They can use the money that collected at pre-ico. They will make it or they won’t. In the worst case, they will need to refund the pre-ico money. 

Secondly, it is easy to take precautions for attacks. And it means extra budget for personal and security equipments. It is serious burden but if they will be successful at the first article, they will get almost hard-cap investment. There will be governmental support in a way. 

The third one is the reason for me to join this ico.  If you build mining farms, if you are planning to do it with public offering, you have to state how you going to do it and how many profit share will you give to potential investors. They should have specified it at the whitepaper in detailed. How much revenue will be shared that earned with mining.  How many new plants will be rented, new rigs will be installed? This question is important.

Hello all

Please check the latest information from the HydroMiner team

https://www.hydrominer.org/hydrominer-in-the-press/

Whitepaper (pdf) is being updated. A newly revised version should be released soon. Sorry for inconvenience 

Correct, pdf doesn't open

Works for me

Works just fine for me

Hello, community!

Here is a new article about recent updates in cryptocurrency mining technology, please enjoy and share it. https://steemit.com/technology/@danizaharie/most-recent-updates-in-crypto-currency-mining-technology

Thank you all!

Hello.

And thank you for your request!
At the moment whitepaper is being updated. Soon we should see the new revised version. Hope it will happen at the end of this or beginning of next weeks.

I am not be able to download the whitepaper...
That link you provide is broken...
I hope you fix it as fast as you can. Thanks

Hello

Thank you for a question.
It depends on profitability of hardware, capacities of facilities etc. It is kind of the same as with the decision as to what currency to mine is made by software algorithms, which choose the best option available at any moment.
As for discount orders for hardware, please check HydroMiner CEO Nadine Damblon comment in one post above. HydroMiner has big suppliers in China, where is possible to get hardware with the best price.

Its does really include natural energy methods too as on the description above it involved environmentally friendly and ive waiting for the new white paper so that I would able to read up the projected plans on this.

Hello, guys.

Last days there were a lot of scalability concerns, questions from the community. For instance: "How many mini hydro power plants can you count on? You need lots of them to reach 25MW...Do you have agreements with large plants? How many? Do you have a B plan? What happens if you can’t reach the 25MW for the end of January in case the ICO got the max? "

Yesterday CEO of HydroMiner Nadine Damblon relied on official HydroMiner telegram group  regarding these concerns. Here is her answer:

"If we manage to raise 70 mio usd there will completely new options for us. We could finance purchases of large hydropowerstations with loans, there are many Hydropowerstations known to us that are for sale. Also large sized ones, 2 such Hydropowerstations, known to us would be enough to cover 25MW. On top we could make longterm purchase contracts with powerstations at completely different price levels than now. Still 25MW would onyl be 0.0028% of AUstrias powerconsuption so its not a relevant size for a grid here and can be purchased.

About the minng equipment, in the case we reach the goal, we would have containers prepbuild in China using Bitcoin and GPU miners. There are several suppliers of Hardware that are able to supply this amount of Hardware in a timespan of few months. Our current supplier could supply as as much as 8000 Cards/Week and there are many more supplieres. When the ICO starts we will already have an indication of the level of raised funds and can start ordering immediatly and there would be plenty of time to organize the electricity as well from hydropowerstations we are in contact with already."

Don't need to search, you got one in front of you!

The project is good, the logo is familiar from somewhere but I couldn't recognize right now. I think it is  a project that should be supported.  Even it will be better if it includes other natural energy methods too. Actually the similar system can be done in our lands too. Maybe someone is doing it too. I should be searched.

Exactly! HydroMiner mines all scalable cryptocurrencies. The decision as to what currency to mine is made by software algorithms, which choose the best option available at any moment. HydroMiner is also flexible about the mining pools it uses, depending on payouts and liquidity among other factors.

I'm not sure it will work like this.
Probably it will have some profitability algo

Everyone in the market has to be more careful now. States are increasingly interested. Hydrominer is already taking measures to survive a problem in the future. It's a nice plan.

I like the low amount of tokens this has as it makes it very attractive to long term investors who see value in low supply coinage. I am looking forward to seeing the new whitepaper and is there any timeline as to when we can read the new whitepaper? I would like to invest in the first week as that has the biggest bonus also. I am looking forward to seeing real business concepts adopting the blockchain to furthering growth and expansion.