Topic: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded. - page 41. (Read 29689 times)

More than 8 million tokens are sold, the result is more than just good!

Congratulations with the end of the ICO! What results can MinerOne already boast?

What insurance companies are you negotiating now on the insurance of mining equipment?

Wow, the price is really very small! If it isnt a secret, what’s the region?

The creators of the project have chosen the coolest region with the cheapest electricity price in Europe. They will pay 0.065 Euros per kWh.

Btw, as for the profit: has the management solved the issue of electricity? The less the price of electricity is, the more profitable mining cryptocurrencies will be.

No, there’s no such info. Moreover, its written in the description of the project that tokens will be life-long while mining cryptocurrencies is profitable.

Will you burn tokens after the launch of the project? It’s common practice in many projects which hold the ICO.

It is very interesting how minerone.io answers questions selectively, and completely ignoring my questions.

I would like to know:

1. How much taxes you will pay in Sweden as your facility is based there?

2. Why the targeted cap is calculated in ETH not in USD.

On the website it is stated that as long as you fundraise 3,000 ETH (soft cap) the project will be initiated. Hypothetically, what happens if the price of ETH drops to USD 1. Will the project still be carried out?

3. How is possible to cover the operational costs including electricity with only 4-5% when around 25% goes only for electricity based on the price per kw/h stated on your website (EUR 0.065) and current mining profitability?

hello!
No water will be used for cooling, so there is absolutely no risk of spillage that could result in equipment damage. The cool climate makes Northern Europe the ideal location for mining centres as very little additional power is required for cooling.

hello !
Additional mining centres will be set up at locations in Sweden, Lithuania, or in another country with low-cost electricity and a stable political and economical environment as well as good network infrastructure. Potential locations of additional centres include Boden, Älvsbyn, Västerås, the region of Gävleborg, high coast region, Skellefteå, Västra Götaland region, Luleå, Robertsfors, Kramfors, Stockholm, and Lithuania.

hello!
Once the first mining center is operating, Miner One will be setting aside 23 percent of Miner One’s net output to order the latest, most efficient cutting-edge hardware and ensure Miner One remains on the cutting-edge of technological developments in mining by replacing older, less efficient hardware. That way, MIO Token Holders can expect to receive payouts indefinitely and without significant diminution due to hardware obsolescence or wear. Unusable or unprofitable equipment will be sold in the aftermarket or otherwise utilized. Received funds will be used to upgrade mining equipment. Miner One will be constantly monitoring markets and the latest developments in mining equipment and its utilization to ensure the best possible mining options. We will configure and utilize mining equipment in such a way as to operate at maximum efficiency and profitability for the Miner One Community.

Do you already have other locations in mind once the mining center has to expand aside from the one in sweden?

Good day !
hello!
Once the first mining center is operating, Miner One will be setting aside 23 percent of Miner One’s net output to order the latest, most efficient cutting-edge hardware and ensure Miner One remains on the cutting-edge of technological developments in mining by replacing older, less efficient hardware. That way, MIO Token Holders can expect to receive payouts indefinitely and without significant diminution due to hardware obsolescence or wear. Unusable or unprofitable equipment will be sold in the aftermarket or otherwise utilized. Received funds will be used to upgrade mining equipment. Miner One will be constantly monitoring markets and the latest developments in mining equipment and its utilization to ensure the best possible mining options. We will configure and utilize mining equipment in such a way as to operate at maximum efficiency and profitability for the Miner One Community.

Every MIO Token represents a share in Miner One’s net output. Net output means the total value of cryptocurrency mined minus electricity and basic maintenance costs (no more than 4–5%, we estimate). Once mining starts, 77 percent of net output is distributed each and every month to Community Members (MIO Token Holders) based on the proportion of MIO Tokens each holds. The other 23 percent of net output is used to upgrade equipment so that we can keep mining at maximum efficiency and keep distributing output for as long as possible.

I think that the distribution of tokens will take place after the sale.

hello
If you pay from an exchange or by SEPA bank transfer, you will see your MIO on the dashboard and we will upload them to your ERC20 wallet within a few days. If you pay with your ERC20 wallet using Smart Contract option - you get MIO tokens back to your ERC20 wallet right away after passing the KYC procedure.

Hello! We will buy the best currently-available hardware that is specially made to mine bitcoin. They are called ASICs, or “Application-specific integrated circuit chips”. Right now, the best ASIC miner is the Ebit Miner E10 made by Ebang. For a comparison of miners, please see our White Paper. https://minerone.io/doc/minerone_whitepaper.pdf
Please check this likn regarding Asics as well https://medium.com/@minerone.io/who-has-the-best-deal-on-crypto-miners-2cdc8b538eb4
Our CEO just returned from the Trip from Sweden. I would recommend to read our blog here https://medium.com/@minerone.io/miner-one-moves-forward-in-sweden-d94b0c9bf2ba

How often will your company's specialists carry out preventive maintenance of mining centers? As for me, frequent preventive maintenance will extend the life of the equipment.

The cold climate of Northern Europe provides natural cooling. But what if a mining center is open in a warm region? What will be done to compensate the lack of cold climate?

Will tokens get to my wallet immediately after buying them on the ICO?