Is cryptocurrency mining still profitable? I thought that there are too many people doing it and it’s nearly impossible now.
Mining is going to be profitable for a long time simply because blockchain just started settling. But you are right that it doesnt make sense to start it right now unless you have a lot of money for it. MinerOne is going to mine big amount of it, the process is industrial in scale so it’s gonna be profitable.
Topic: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded. - page 13. (Read 29670 times)
April 09, 2018, 07:53:10 AM
April 09, 2018, 07:49:01 AM
Is cryptocurrency mining still profitable? I thought that there are too many people doing it and it’s nearly impossible now.
Mining is going to be profitable for a long time simply because blockchain just started settling. But you are right that it doesnt make sense to start it right now unless you have a lot of money for it. MinerOne is going to mine big amount of it, the process is industrial in scale so it’s gonna be profitable. April 09, 2018, 07:42:34 AM
Is cryptocurrency mining still profitable? I thought that there are too many people doing it and it’s nearly impossible now.
Mining is going to be profitable for a long time simply because blockchain just started settling. But you are right that it doesnt make sense to start it right now unless you have a lot of money for it. MinerOne is going to mine big amount of it, the process is industrial in scale so it’s gonna be profitable. April 09, 2018, 07:37:52 AM
Is cryptocurrency mining still profitable? I thought that there are too many people doing it and it’s nearly impossible now.
April 09, 2018, 04:01:19 AM
How many tokens still have to be sold for hard cap to be reached?
Quite a lot. They have sold 10 million MIO for now. Hard cap is 200 million MIO. April 09, 2018, 03:52:16 AM
How many tokens still have to be sold for hard cap to be reached?
April 08, 2018, 11:50:14 PM
is this minerone real mining, and passive income?
April 08, 2018, 06:36:09 PM
How many advisers do your companies have now? What is their experience in this area?
April 08, 2018, 04:19:11 PM
Is there a chance that someone will get access to my email in your database and start sending me some spam?
April 08, 2018, 02:19:04 PM
Which encryption algorithm is used for personal data to investors?
April 08, 2018, 12:20:04 PM
Will you apply any protective measures to ensure confidentiality and security for investors?
April 08, 2018, 08:34:35 AM
If the production of crypto currency will become unprofitable, what will you do with the equipment that you have left?
It will be sold or recycled. April 08, 2018, 08:32:05 AM
The founders of the company have allocated a token for themselves?
10% of tokens are allocated to founders. April 08, 2018, 08:29:00 AM
Is it known how many tokens are released by the company before the ICO?
A pre-ICO was held in late 2017 to raise initial funds, during which time 330,000 MIO Tokens were assigned at a preferred rate of 50% off. April 08, 2018, 08:27:12 AM
What will happen with investors’ tokens, if mining of cryptocurrencies is no longer profitable?
There may be other opportunities we can switch to by then (or even earlier), including other blockchain and crypto needs that Miner One could meet. It's still an evolving field and we will do our best to get the most out of it for everyone using the community's resources responsibly. April 08, 2018, 08:26:17 AM
Under what circumstances will the management of MinerOne use money from the reserve fund?
The purpose of the reserve is to avoid a situation in which short-term operating costs cannot be covered due to unfavourable market or mining conditions and to provide a certain leeway that will allow for the possibility to wait out a temporary downturn that could make it impossible to cover costs. April 08, 2018, 08:25:17 AM
If the market conditions become unfavorable, for how long will the company be able to live on money from their reserve fund?
If mining becomes unprofitable, we will pause the operations. A contingency reserve will cover expenses for some idle time until the situation improves. April 08, 2018, 08:21:05 AM
Will you have any analysts, that will constantly monitor the situation on the crypto market?
The Miner One Team will be closely monitoring market conditions. 
April 08, 2018, 07:41:11 AM
If the production of crypto currency will become unprofitable, what will you do with the equipment that you have left?
April 08, 2018, 06:24:29 AM
The founders of the company have allocated a token for themselves?
It seems that they have allocated 2% of tokens, which will be frozen for 12 months after the ICO. Jump to: