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Topic: [ANN] 💰⛏ 💰⛏ 💰⛏ ICE ROCK MINING ICO2 - LIFETIME PROFIT - page 35. (Read 37145 times)

full member
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
I don't understand how you can pay a fix percent of interest each month. For example if you mining one month 300 bitcoin, you will send 150 bitcoin to the token owners ? Or do you will pay with another coin/token ?


Correct. if we mine 500 BTC in a month we will send 250 BTC to our investors. 50% share
full member
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
legendary
Activity: 2020
Merit: 1041
I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year.
So, we all can only speculate on this...

IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how).
There is no problem to do that if it will be this income Smiley

You are offcourse joking .. that 50% will only be calculated if there is profit after Running Costs.
Since they at this time have a very generous 13500 Btc benchmark there is room for salaries power occasional hooker and some blow.
If btc is at 13500 they can do that of their 30% cut they take .. however BTC is NOT 13500 so its very important we know all costs.
There will have to be people managing the operation there will have to be security your talking multimillions in hardware.
What Exactly will those costs be because @ 13500 they MIGHT be covered by that 30% but there will most certainly be a point where they wont be and u can be dam sure your 50% share will shrink.
Or they calculate our 50% After running costs .. and then we are royaly F*cked in the a$$ at current btc rates.

So how about u spout of some Real numbers .. Running costs .. details please and how low can btc go before u need to shutdown completely .. and how could u do that with millions in hardware that still needs security ?

full member
Activity: 1382
Merit: 105
Project's ICO is going well, if you have bounty program than please send me the link of bounty, i wants to join.
member
Activity: 336
Merit: 10
I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year.
So, we all can only speculate on this...

IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how).
There is no problem to do that if it will be this income Smiley
member
Activity: 392
Merit: 10
I don't understand how you can pay a fix percent of interest each month. For example if you mining one month 300 bitcoin, you will send 150 bitcoin to the token owners ? Or do you will pay with another coin/token ?
full member
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
I think it's very easy.
They just have nothing to say.
With current situation there is profitability at all:



even without other expenses you can only cover self-cost of S9 miner for a year.
For farms build before - it's still working (I hope, with extremely low expenses and power cost as shown),
for any new projects - only high hopes and free money can be reason to start.



1.    cost of electricity is     $0.03,     not $0.06
2.    you forget about every month 20% of reinvestment into new miners ===>  rising farms capacity
3.    We don't think that BTCs price will stay around $7,000.      Just look at past history of BTC rate.
full member
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
3. Do not look at the daily price of BTC, look at the annual trend. In summer the BTS will be much more than 13,500 💰

Hello Dias,

how did you came to this prediction?


Look at the previous point. Just look at last 2 years history of BTC
legendary
Activity: 1526
Merit: 1014
@thorRJ that information is available on the official website, as it puts there: Crypto exchange entry 10.06.18.
full member
Activity: 784
Merit: 100
After ICO, what is the estimate so that it is listed in some exchange? And will it be necessary to validate personal data to participate in ICO?
newbie
Activity: 84
Merit: 0
what is your telegram?
newbie
Activity: 20
Merit: 0
3. Do not look at the daily price of BTC, look at the annual trend. In summer the BTS will be much more than 13,500 💰

Hello Dias,

how did you came to this prediction?
legendary
Activity: 2020
Merit: 1041
I think it's very easy.
They just have nothing to say.
With current situation there is profitability at all:



even without other expenses you can only cover self-cost of S9 miner for a year.
For farms build before - it's still working (I hope, with extremely low expenses and power cost as shown),
for any new projects - only high hopes and free money can be reason to start.

Ye I know what the current math is , I just want them to be upfront about it.

Also what their Total costs are so at what BTC price they would suspend operations.

member
Activity: 336
Merit: 10
I think it's very easy.
They just have nothing to say.
With current situation there is profitability at all:



even without other expenses you can only cover self-cost of S9 miner for a year.
For farms build before - it's still working (I hope, with extremely low expenses and power cost as shown),
for any new projects - only high hopes and free money can be reason to start.
legendary
Activity: 2020
Merit: 1041
Just to add some positive and to confirm Dias words in telegram:

NOt only crypto falls but price of miners dramatically lower last weeks also.
For ex.: S9 Antminer was ~$2800 in distribution channel March 19 (for big clients).
It's price about full unit with power source included.
April 4th it is just $1400 (started from 50 units).

Also other fu...ng but popular way to mine without real farm, Hashflare.
1Th/s on 19.03 produce 0.000035BTC per day.
Now it's only 0.000018BTC. I know they are stinking, Baltic scamers (just count HashCoins, HashFlare, Polybius and maybe more), but with one of biggest auditory  Embarrassed

So...
Assets falls down, other mining services same shit, co-mining ICO's collect crypto which about x1/2 of Feb levels...
But price of ASICs really low now and new generation miners start to be promoted last days.
If something can be successful in this area - I think it is projects like IRM or MIO with real farms and inexperienced but brave teams  Grin

My Problem is that they Dont show wat the roi is Today they only show what they Think it will be If BTC goes up a lot they are allso not clear what the cut off point would be to pause operations this is all information i would like to see.



member
Activity: 336
Merit: 10
Just to add some positive and to confirm Dias words in telegram:

NOt only crypto falls but price of miners dramatically lower last weeks also.
For ex.: S9 Antminer was ~$2800 in distribution channel March 19 (for big clients).
It's price about full unit with power source included.
April 4th it is just $1400 (started from 50 units).

Also other fu...ng but popular way to mine without real farm, Hashflare.
1Th/s on 19.03 produce 0.000035BTC per day.
Now it's only 0.000018BTC. I know they are stinking, Baltic scamers (just count HashCoins, HashFlare, Polybius and maybe more), but with one of biggest auditory  Embarrassed

So...
Assets falls down, other mining services same shit, co-mining ICO's collect crypto which about x1/2 of Feb levels...
But price of ASICs really low now and new generation miners start to be promoted last days.
If something can be successful in this area - I think it is projects like IRM or MIO with real farms and inexperienced but brave teams  Grin
member
Activity: 392
Merit: 13
I wrote another very good  article

And posted it on my website

See here:

https://icochat.wordpress.com/2018/04/06/ice-rock-mining-responds-to-kazakhstans-central-bank-cryptocurrency-concerns/


Great to hear Ice rock has set up the first 100+ mining rigs. 

Go Ice Rock Mining!   An amazing project (and so much hard work done by the team!!!)

full member
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
Any proof on that?
If mining will be prohibited in kazakhstan what will happen to your project?

I am a potential investor, not a competitor. Just wanna have the things clear.
Hi Fudder.  Firstly this is not new "News" the same guy said the same thing in October 2017, but lawyers and financial experts have said it will not be possible to ban "Mining" as it is a persons choice to do so using their own electricity at their own private property. 

Reference - https://news.bitcoin.com/national-bank-of-kazakhstan-restrict-exchange-mining-cryptocurrencies/


Further to that, the same guy in that very article says "I do not even understand what Bitcoin is" so like most, he fears what he does not understand and is only looking at things from a finance orientated centralized banking point of view. 

So in order to "Ban" mining, first it would need to pass legislation, which it has not.  And I cannot find anywhere where a bill has even been submitted.  So all you are basing your fear on is one persons view. 

And if you visit the website of the Central Bank there are no press releases about this - Link  http://www.nationalbank.kz/?docid=527&switch=english

Every second news article, especially by Fud Desk is about banning Bitcoin, if you keep believing what mainstream media tells you then Crypto is not for you.

Now go back to Hashflare or Genesis Mining and report this reply to your leaders.   Cheesy




👍
Yes that shut him up, he has not been back since. 

I notice in the video the CEO used some of my investigation for it.   Cheesy

Tell him he owes me a beer for doing some anti-fud research please.   Wink



Wow! You haven't even bought any miners? + You expect new miners capable of returning >%300 of current available technology? and that's "most likely"       

no way  Undecided

I felt a little bit uncertainty about the liability of your project; hence I've waited and watched since the beginning of the year.
Now just as I was actually considering investing, this came up. The Crypto Mining Company doesn't own miners yet! It's a red flag from me.

Oh look a new one, with one post also stating non truths.   

Which one are you dude Hashflare or Genesis?  Cheesy

I am late to join this project, I am very sorry for him.
is there any other opportunity for me to join in this project?
is now entering the stage of ico play, hopefully I can join to make inventory here, I am very interested dengab this project
ICO is still running it is not too late to join. 




Ice Rock Appreciates you very much!!!
jr. member
Activity: 280
Merit: 4
Any proof on that?
If mining will be prohibited in kazakhstan what will happen to your project?

I am a potential investor, not a competitor. Just wanna have the things clear.
Hi Fudder.  Firstly this is not new "News" the same guy said the same thing in October 2017, but lawyers and financial experts have said it will not be possible to ban "Mining" as it is a persons choice to do so using their own electricity at their own private property. 

Reference - https://news.bitcoin.com/national-bank-of-kazakhstan-restrict-exchange-mining-cryptocurrencies/


Further to that, the same guy in that very article says "I do not even understand what Bitcoin is" so like most, he fears what he does not understand and is only looking at things from a finance orientated centralized banking point of view. 

So in order to "Ban" mining, first it would need to pass legislation, which it has not.  And I cannot find anywhere where a bill has even been submitted.  So all you are basing your fear on is one persons view. 

And if you visit the website of the Central Bank there are no press releases about this - Link  http://www.nationalbank.kz/?docid=527&switch=english

Every second news article, especially by Fud Desk is about banning Bitcoin, if you keep believing what mainstream media tells you then Crypto is not for you.

Now go back to Hashflare or Genesis Mining and report this reply to your leaders.   Cheesy




👍
Yes that shut him up, he has not been back since. 

I notice in the video the CEO used some of my investigation for it.   Cheesy

Tell him he owes me a beer for doing some anti-fud research please.   Wink



Wow! You haven't even bought any miners? + You expect new miners capable of returning >%300 of current available technology? and that's "most likely"       

no way  Undecided

I felt a little bit uncertainty about the liability of your project; hence I've waited and watched since the beginning of the year.
Now just as I was actually considering investing, this came up. The Crypto Mining Company doesn't own miners yet! It's a red flag from me.

Oh look a new one, with one post also stating non truths.   

Which one are you dude Hashflare or Genesis?  Cheesy

I am late to join this project, I am very sorry for him.
is there any other opportunity for me to join in this project?
is now entering the stage of ico play, hopefully I can join to make inventory here, I am very interested dengab this project
ICO is still running it is not too late to join. 
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