Topic: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded. - page 25. (Read 29670 times)

When they are buying equipment in FIAT the smart thing is to set the token price in FIAT. Like all other mining companys did.
Sadly Miner One is not run by intelligent people.

Even worse is that instead of fixing the problem they pretend everything is ok.
Now, me and other people that got in early are looking at 1,5 years+(even if price of ETH goes up) to get ROI when new investors will it in 8 months.

Not so sure about that… Too many people are against it and they have their reasons too. It’s not so clear to me.

It’s a mistake to think that the future is undefined. It’s clear that cryptocurrencies and blockchain is the future. And MinerOne developers think the same way.

It’s quite risky to start such an expensive business when the future of cryptocurrencies is still undefined. I would think twice about it if i were u.

Is the project still far from reaching the hard cap?

Dear Pinionless, as is obvious to anyone with even a basic understanding of markets, Miner One cannot control cryptocurrency exchange rates, including the EUR:ETH exchange rate. Due to the recent drop in ETH prices, it is now a more favourable time to buy MIO for EUR than it was before because the price of MIO is currently tied to ETH.

We challenge you to produce these people who you claim were "banned" from our Telegram Chat for "complaining" about EUR:ETH exchange rates (unless, like you, they were violating our chat guidelines, which require basic courtesy and civility, and prohibit spamming and advertisements for other products or services like the ones you mention in your other post).

Hi guys! 

I am very interested in your ICO and have some questions answers to which are vital for my decision to invest.

I have read your Whitepaper very carefully but unfortunately couldn't find this information 

1) Tokens give share in profits. So I need to know in details all info on the costs.

1.1) What is your estimation of other costs per KW/h apart from electricity (like salary, Internet, repairs, rent)?
1.2) What taxes (e.g. income tax) and at what rates will be paid?
1.3) How can we be sure that you will not knowingly increase costs (salary for example) to make profits zero and legally not pay anything to token holders?

2) You plan to build data center in Lulea, Sweden

2.1) What is legal status of cryptocurrency mining in Sweden? Is it allowed? What taxes are applicable?
2.2) Which company produces electricity in Lulea? Do you have an agreement with electricity producer for electricity supply? What power is reserved for you? Can you please provide contract or an agreement of intent?
2.3) You state that the price of electricity is EUR 0.065 per KW/h. Please provide support for this price. Is it stated in the contract?
2.4) Where exactly in Lulea do you plan to build the data center? Do you have permission from the municipality to build data center in the selected area?
2.5) What happens if you raise all $200 mln on ICO? Will there be sufficient electricity power and area to build such huge data center?

3) You plan to buy Ebang Ebit Miner E10

3.1) Do you have contract or an agreement of intent with Ebang? In case of success you will have to buy great amount of ASICs. How can you be sure that you will be able to buy ASICs in large amount?
3.2) You state that you will buy Ebang Ebit Miner E10 at lower than retail price and with no shipping and customs costs. Can you please provide support for this statements?

4) You plan to list tokens on exchange mid April

4.1) Do you have an agreement with any exchange?
4.2) Your token is defenetly a security token. How are you going to overcome this fact in order to be listed on exchange?