1. It's "Bruck an der Mur" not "Muhr"!
2. Whois Lookup anonymous: https://www.whois.com/whois/hydrominer.org
3. Where is your registered office located? Your commercial registration number?
4. CoinStaker "Review": https://www.coinstaker.com/hydrominer-ico - This "review" was written from one of your team members. This is not a review, this is an advertisment.
5. ROI in about 8 month? Come on. Please show us your business plan. If you are able to achieve ROI in about 8 month, there is no need to collect money from the community offering a 30% stake of your business.
6. Allocation of the profits: 80% to the stake holders: 30% community stake, 70% your own = 56% plus 10 % token bu back plus 10% for the team -> you take 76% of the profits.
7. There is a reason, why most of the big mining is done in countrys with very low electricity price.
2. Whois Lookup anonymous: https://www.whois.com/whois/hydrominer.org
3. Where is your registered office located? Your commercial registration number?
4. CoinStaker "Review": https://www.coinstaker.com/hydrominer-ico - This "review" was written from one of your team members. This is not a review, this is an advertisment.
5. ROI in about 8 month? Come on. Please show us your business plan. If you are able to achieve ROI in about 8 month, there is no need to collect money from the community offering a 30% stake of your business.
6. Allocation of the profits: 80% to the stake holders: 30% community stake, 70% your own = 56% plus 10 % token bu back plus 10% for the team -> you take 76% of the profits.
7. There is a reason, why most of the big mining is done in countrys with very low electricity price.
Hey Eneloop! Thanks for your write-up. Allow us to explain to you and all bitcointalk readers:
1. Typos happen. Thanks for noticing and helping us improve.
2. We will be contacting the support on the platform over which we registered our domain to change it to public.
3. We have not incorporated a company, yet. We are currently in the process of figuring out the best company structure. After legal consultations, we figured out that it largely depends on how big the investment gets - it just has many factors like legal cost, company establishment costs, tax costs, etc. So we will wait until the tokensale is over to establish HydroMiner in the best possible form, maybe even as a stock corporation.
4. You are right, that the word "Review" was falsely used. We have corrected it now. Beyond that, we have already put a disclaimer on the CoinStaker website to showcase that CoinStaker is involved with HydroMiner.
5. There are many calculators on the web (https://whattomine.com/ and https://www.cryptocompare.com/mining/calculator/eth) that showcase the high ROI in mining. Those websites are not taking into account funds reserved for possible hardware problems, legal & marketing costs etc. And about the ICO, it is to scale better and faster through more capital. We have the resources to deploy more mining and can use the capital to do so.
6. We don't know where you are getting those numbers. In the whitepaper you can see that 5% are staked for the whole team, with a lockup period.
7. We have calculated, see our whitepaper, that with our current electricity costs it is more than possible to make GREAT returns.
We think it is important to keep everything as transparent as possible, so if you have any further questions, feel free to write them here.
- Team HydroMiner
