Topic: [ANN] 💰⛏ 💰⛏ 💰⛏ ICE ROCK MINING ICO2 - LIFETIME PROFIT - page 21. (Read 37119 times)

I already told you. It is lifetime profit of miners (the miners are regularly replaced by new ones so rock2 could payout for many years), as long as mining remains profitable obviously.

And as I also said:

But they specifically said it's not lifetime.
They said it's only the lifetime of the miner machine. And when I asked them they blocked me. Could anyone figure that out for me?

@iamisti,

Lifetime profit means they will keep mining and paying out as long as mining remains profitable. Miners will regularly be replaced by re-investment miners.

They have some of the lowest mining costs in the industry. Way better than hashflare, minerone etc so relax. Only worry if BTC collapses and never recovers. I personally don't see that happening.

Their tokens are so cheap now on token.store FYI. Perfect time to get in if you expect a bull run.

Chill, dude! This is ICO investment and if you look at envion should be lucky to invest in icerock. Things need time to be decided carefully and I'm happy that icerock hasn't spent all money to purchase old S9. It's better option to wait for new and better ones. S9 will be shit soon.
The decision was made very transparent by a vote from the investors so you have to blame them if you wanted to have all money invested for old S9 miners.

And communication has improved, there is a separate news channel and if you want to inform yourself about news it's very easy. Please don't blame other for your lack of informations.

First post of you, very offending one against IRM, like we have seen it often here in the past 


You should invest in tether...

Edit: I read your last posts and see you have 3000 rock2. Don't worry and don't let you lead by fudsters. ICO needs time and the visibility of process is speaking in favor of icerock. I would invest in this again. See you around mate!

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yeah sorry man, I'm just pissed of a bit. I can't see any news because they blocked me when I asked something. I didn't ask any offensive question, I was asking some specific facts (lifetime of the contract) and they banned me.
They don't publish these kind of news on any on their channels. I was checking their youtube, instagram, facebook but nothing.

Chill, dude! This is ICO investment and if you look at envion should be lucky to invest in icerock. Things need time to be decided carefully and I'm happy that icerock hasn't spent all money to purchase old S9. It's better option to wait for new and better ones. S9 will be shit soon.
The decision was made very transparent by a vote from the investors so you have to blame them if you wanted to have all money invested for old S9 miners.

And communication has improved, there is a separate news channel and if you want to inform yourself about news it's very easy. Please don't blame other for your lack of informations.

First post of you, very offending one against IRM, like we have seen it often here in the past 


You should invest in tether...

Edit: I read your last posts and see you have 3000 rock2. Don't worry and don't let you lead by fudsters. ICO needs time and the visibility of process is speaking in favor of icerock. I would invest in this again. See you around mate!

Oh my god people, you need to !!!CHECK THEIR TELEGRAM AND WATCH THE Q&A'S ON YOUTUBE!!!  All of this has been answered and discussed already. I understand frustration with some things, but everyone is freaking out about things that have been answered by IRM. Several videos are in Telegram that explain the current situation.

The team was expecting S11's (or other superior miners) to be available by now, but they aren't. They issued a vote to investors and the decision was made to spend 10% of the $8mil on S9's, and save the rest for some better next-gen miners, be it S11's or whatever. Given the situation and current BTC price and mining difficulty, I agree that this is the best choice.

They HAVE purchased 500x S9's. They posted a video on YT from China. They are being shipped right now (probably already delivered). Mining should start very soon.

yes im with you. white paper says start mining 10/07 and for what i see will get paid end of August and with luck 20% of the IRM calculator income. I was a little dumb in that, I might have invested in a real state that was better

Btw, can anyone can confirm this -> Once in their youtube questionare they said lifetime contract doesn't mean forever, they meant the lifetime of a miner machine!!!! I was like wtf are u talking about, whitepaper didn't mentioned it at all, they never mentioned this way at all.
So I feel like they are trying to back off and win a lot of money by altering few things and bits they said. Probably that's why their marketing guy left few months before, because what they are doing is just ugly and unrespectful.

It's funny the way they pissed of when someone dares to ask them crutial questions. They get offended and just simply ban these ppl. Which is completely nonsense, since we are the freaking investors and they own our money and shares physically, so they should be humble and just explain everything in detail.

They are so late with mining and buying all the miners as well. And they didn't even communicate this delay, they think it's normal? I just can't get my head around them... they are so unprofessional, it hurts just by seeing it.
They should immediately make an announcement that their milestone will be delayed and the expected date is this and that.

I didn't even know that they still haven't purchased all the equipment.... WHY??? Fcking idiots.

i think no good road map!! the tell white paper start 10/07 mining and think they still shopping. Maby only go pay for the end of 8/18. hope sooner. exchanges dont know the value per tolken dont like to sell, prefer the $ per month

is the team moving on their intended road map? who is watching this? and when will there be good exchanges for the token?

To the guy that lost his keys because his computer crashed I am not sure but are there not guys that can recover the data from the harddrive I think its only gone if you like fry the disc in a mirco wave isn't it.

at present I think that  will only receive the 10/20% of the promised on the website calculator

Based on the math they've done Im worried 20% of the revenue won't be enough to outstrip the rise in difficulty in the long term. However, the acquisitions made in the remainder of the year should prove profitable for an extended period allowing some adjustment.

Dear developers, maybe I'm an innovator or maybe my question will seem stupid, nome it seems you are late for a couple of years, while when all talk about the criticism of mining PoW, you go across the movement. Why create an improved bike when everyone is switching to a car? it's metaphorical.

AFAIK the decision was to spend about 10% of the investment capital ($8 mil) on the S9 miners, so I'm guessing they got them for around $800k, which seems about right taking into account that bitmain is probably desperate to sell out their remaining stock.

I'm hoping that better next gen miners are available soon, because those calculations don't fill me with hope.

Just did some calculations to find out the profit per token for a month of running. Let me know if anything is wrong or needs changing.

Total ASIC S9 purchased: 500  
Revenue per day (from what to mine https://whattomine.com/asic ): $4
Total revenue per month with 500 Asic S9: 500*30.5*4 = $61,000

Tokens total: 15,724,272 ROCK2
Token holder profit share: 50%
Profit per token = (0.5*61,000)/15,724,272 = $0.0019 per month
Return on investment for paying $1 per token = 43.8 years (assuming the difficulty doesn't change)

This has been calculated with today's bitcoin price and difficulty, a change in that will affect the results. An additional assumption is that the electricity cost will be covered by the 20% allocation on expenses and they keep the 50% revenue going to token holders. At the moment only a small % of the token sales have been sold so there is more funding to spend on additional ASIC/miners.

Does anyone know how much was spent on purchasing the 500 S9s?

Have a patience guys, no need for fud or negative.

Take it easy. Miners will arrive soon. Check the latest news in News Channel of Ice Rock

I cannot find any informations,  when I will start getting paid?  I would like to know if  there is any specific date for payouts..
as I remember the date was for start getting paid 4 days ago - 10 Jul
there was no official announcement or newsletter about the new possible payout dates

sell all the shittoken on token.store and get eth for the shittokens. eth is better  sell the airdrop and your token and then you have at least a little money left . better today than tomorrow if the price goes down further . good luck

What I do not understand is the lack of communication of the team, I do not think it costs a lot to be clear with investors.