Are fiat currencies accepted on the ICO, too?
I’ve read in the technical documentation that EUR are also accepted. 
Topic: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded. - page 30. (Read 29689 times)
March 26, 2018, 06:04:13 PM
March 26, 2018, 05:24:51 PM
Every questions about reserve and company's liquidation covered in WP, section: Company Reserve.
But after ETH fall in last month main question not details.
Now it's very unclear is it possible at all or not?
Buying power of collected currencies falls x2 and first stage investors are very disappointed.
Real project could be much smaller than advertised and without real exchanges (only P2P) we almost guaranteed for price drop after ICO.
If anyone think that 'green and freecooling' drop will be better that usual post-ICO drop... it's up to you
But after ETH fall in last month main question not details.
Now it's very unclear is it possible at all or not?
Buying power of collected currencies falls x2 and first stage investors are very disappointed.
Real project could be much smaller than advertised and without real exchanges (only P2P) we almost guaranteed for price drop after ICO.
If anyone think that 'green and freecooling' drop will be better that usual post-ICO drop... it's up to you
March 26, 2018, 05:16:07 PM
How will undergoing KYC procedure by investors allow you to get acquainted with the investors better and adjust the risk management processes?
March 26, 2018, 03:48:15 PM
Is it necessary to undergo KYC for this ICO?
March 26, 2018, 02:14:47 PM
If you decide to stop the company’s operation, will the investors and MIO token holders receive any refund?
March 26, 2018, 12:40:08 PM
Does the company have any particular instructions I which cases the profitability is low and the mining centers should be eliminated?
March 26, 2018, 11:46:36 AM
Are fiat currencies accepted on the ICO, too?
March 26, 2018, 11:12:09 AM
If it will become suddenly more difficult to mine cryptocurrencies, will you reconsider the amount of dividends for investors?
March 26, 2018, 05:34:45 AM
What’s the reason to create the reserve fund at the start of work? Anyway, equipment will work well during the first months of operation. It’d be better to spend this money to purchase more mining equipment!
You have kinda short-sighted. This reserve fund is necessary for an event of unfavourable financial conditions and problems in mining industry. It will be enough to maintain the mining center without any income for a couple of months. Make sure you read page 27 of the White Paper (https://minerone.io/doc/minerone_whitepaper.pdf) about Company Reserve. There are some examples of possible unpredictable situations that may occur, as well as a general explanation on what the reserve is going to be created for.
March 26, 2018, 05:26:58 AM
How many tokens have the organization management allocated to the bounty campaign?
It seems that 2% of MIO tokens from the total issue. March 26, 2018, 05:19:24 AM
How many tokens have the organization management allocated to the bounty campaign?
March 26, 2018, 02:38:19 AM
What’s the reason to create the reserve fund at the start of work? Anyway, equipment will work well during the first months of operation. It’d be better to spend this money to purchase more mining equipment!
You have kinda short-sighted. This reserve fund is necessary for an event of unfavourable financial conditions and problems in mining industry. It will be enough to maintain the mining center without any income for a couple of months. March 26, 2018, 02:34:53 AM
What’s the reason to create the reserve fund at the start of work? Anyway, equipment will work well during the first months of operation. It’d be better to spend this money to purchase more mining equipment!
You have kinda short-sighted. This reserve fund is necessary for an event of unfavourable financial conditions and problems in mining industry. It will be enough to maintain the mining center without any income for a couple of months. March 26, 2018, 02:29:25 AM
What’s the reason to create the reserve fund at the start of work? Anyway, equipment will work well during the first months of operation. It’d be better to spend this money to purchase more mining equipment!
You have kinda short-sighted. This reserve fund is necessary for an event of unfavourable financial conditions and problems in mining industry. It will be enough to maintain the mining center without any income for a couple of months. March 26, 2018, 02:25:59 AM
What’s the reason to create the reserve fund at the start of work? Anyway, equipment will work well during the first months of operation. It’d be better to spend this money to purchase more mining equipment!
You have kinda short-sighted. This reserve fund is necessary for an event of unfavourable financial conditions and problems in mining industry. It will be enough to maintain the mining center without any income for a couple of months. March 26, 2018, 02:21:59 AM
What’s the reason to create the reserve fund at the start of work? Anyway, equipment will work well during the first months of operation. It’d be better to spend this money to purchase more mining equipment!
March 25, 2018, 07:57:28 PM
Are u going to convert cryptocurrency to fiat as soon as u get it or u r planning to store it on wallets?
Every holder of MIO gets monthly payouts from Miner One in ETH as long as Miner One is profitably mining cryptocurrency and the holder owns the MIO Tokens. The payout drops into your Miner One B-Wallet or another ERC20-compatible wallet of your choice. If you want to convert to fiat, the you will have a MIO debit card option. We are already in touch with cutting-edge card services providers like Revolut and are confident that together we can develop an all-in-one solution that entails a crypto-to-fiat exchange coupled with a withdrawal service that is convenient for the user.
March 25, 2018, 07:52:18 PM
Why did the company decided to stop using the water cooling system for mining centers, if this method is the most optimal today?
In Luleå, where the mining center will be located, air is cool (average annual temperature is 2C) which keeps cooling costs minimal.
March 25, 2018, 07:47:05 PM
How much lower the mining hardware price is going to be compared to market price?
The information will be provided as soon as the deals will be finalized.
March 25, 2018, 07:45:36 PM
U allocate 23% for a reserved fund. Are u going to buy new hardware for mining center every month?
23% of net output will be reinvested into equipment upgrades on an ongoing basis.
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