So you guys say that most of you are experiences in Mining since 2014, including CEO and CTO , nice sounding position names.
Can you provide us with the ETH public addresses where have you been mining ETH or other coins, at from which pool ?
We can check there how much have you mined and since when and we can asses your professionalism in Mining ourselves.
Just provide public ETH or zec addresses and pools you are connected too.
Also, you just starting an ICO not even knowing that Ethereum is switching from PoW to PoS, do you know what that means ?
YOu cannot mine no more, you can only stack coins, giving them to network to support and secure
Your professionalism in mining would be rated 2 out of 10, as Im professional Miner myself with 0.5 megawatt of using electrcitity
also Austrian alps doesnt sound too convincing and nice to put $$$ in.. You have no proof that government is letting you build mining farm next to their hydroplants.
Im sure they wont do that.
Im out and if anyone know anything about mining should be out too, until these guys provide public addresses where they have been mining ETH since 2014, as well as admit that they just learned about ETH switching to PoS...
Catch money run away.. Not nice, austrian or whatever, stop doing that people!
Sir, these are some very serious accusations you are throwing. The sites are open for visitors and in fact there is a person who participated in this thread that is going to visit them tomorrow and record a video for everyone to see.
Of course everyone knows about the change from PoW to PoS in ETH, but it is also very simple to start mining another coin (as it is already being done partially).
And this has nothing to do with the Austrian government. As you can read in a previous comment, the hydroelectric plants are PRIVATE:
Do you own the hydro power stations? If not, who does?
No, we lease them. Austria has over 2,800 small hydro power stations feeding into the electricity grid. Most of them are owned by private individuals, only the larger ones are owned by the large power companies. One hydro power station we are currently leasing is owned by a private individual, the other is owned by a small company as part of a small agricultural enterprise.
Why do they rent to us and not sell power directly?
The answer is a bit complex. In Austria and Germany, there are different incentive programs for eco-friendly power. In Austria, there are grants for building hydro power stations and there is an incentivized guaranteed energy price of around 10cent/kW for 10 years. After the 10 years expire, power companies pay a wholesale price of 2.5-3 cent/kw, and there are a whole set of stipulations, like overpayment for underperformance. This is why it is more interesting for hydro power stations that are over 10 years old to lease to us.
