Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 46. (Read 8718 times)
April 23, 2019, 10:55:30 AM
Could you give an hint as to which location is the team looking at in the nearest future?
Or is this kind of a classified message which can not be disclosed now?
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It seems like Siberia is on the top of the list at the moment. I just hope that they sign everything very soon to fix it. Sure, there might always be the possibility to find an even better option but what is even more important is that there won't be any delays so that they can start buying equipment and setting up the mining farm as soon as the softcap is reached.
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I read somewhere in the thread that the place of interest in Siberia wasn't having updated types of equipment so they needed to shift grounds, does it mean in essence that they are likely to use Siberia still however use other facilities? I thought they are going to change location/country entirely
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No you are mixing things up here. The mining farm which is already operational and which they planned to buy at one point but now decided not to do isn't in Siberia.
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Maybe I read wrong. It's been a while they updated on this information
Anyone with new update as regards the mining facility? Still pending decision?
April 23, 2019, 08:52:17 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Fair enough for the moment. This might be crucial information for the big investors who are going to come on board.
April 23, 2019, 08:33:51 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Could you give an hint as to which location is the team looking at in the nearest future?
Or is this kind of a classified message which can not be disclosed now?
It seems like Siberia is on the top of the list at the moment. I just hope that they sign everything very soon to fix it. Sure, there might always be the possibility to find an even better option but what is even more important is that there won't be any delays so that they can start buying equipment and setting up the mining farm as soon as the softcap is reached.
I read somewhere in the thread that the place of interest in Siberia wasn't having updated types of equipment so they needed to shift grounds, does it mean in essence that they are likely to use Siberia still however use other facilities? I thought they are going to change location/country entirely
No you are mixing things up here. The mining farm which is already operational and which they planned to buy at one point but now decided not to do isn't in Siberia.
This means initially minedblock planned to buy existing mining farm, but now plan is changed? And instead team might go for setting up own mining facility?
April 23, 2019, 05:30:57 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Could you give an hint as to which location is the team looking at in the nearest future?
Or is this kind of a classified message which can not be disclosed now?
It seems like Siberia is on the top of the list at the moment. I just hope that they sign everything very soon to fix it. Sure, there might always be the possibility to find an even better option but what is even more important is that there won't be any delays so that they can start buying equipment and setting up the mining farm as soon as the softcap is reached.
I read somewhere in the thread that the place of interest in Siberia wasn't having updated types of equipment so they needed to shift grounds, does it mean in essence that they are likely to use Siberia still however use other facilities? I thought they are going to change location/country entirely
No you are mixing things up here. The mining farm which is already operational and which they planned to buy at one point but now decided not to do isn't in Siberia.
April 23, 2019, 03:43:05 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Could you give an hint as to which location is the team looking at in the nearest future?
Or is this kind of a classified message which can not be disclosed now?
It seems like Siberia is on the top of the list at the moment. I just hope that they sign everything very soon to fix it. Sure, there might always be the possibility to find an even better option but what is even more important is that there won't be any delays so that they can start buying equipment and setting up the mining farm as soon as the softcap is reached.
I read somewhere in the thread that the place of interest in Siberia wasn't having updated types of equipment so they needed to shift grounds, does it mean in essence that they are likely to use Siberia still however use other facilities? I thought they are going to change location/country entirely
April 23, 2019, 03:13:16 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Could you give an hint as to which location is the team looking at in the nearest future?
Or is this kind of a classified message which can not be disclosed now?
It seems like Siberia is on the top of the list at the moment. I just hope that they sign everything very soon to fix it. Sure, there might always be the possibility to find an even better option but what is even more important is that there won't be any delays so that they can start buying equipment and setting up the mining farm as soon as the softcap is reached.
April 22, 2019, 05:56:43 PM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Could you give an hint as to which location is the team looking at in the nearest future?
Or is this kind of a classified message which can not be disclosed now?
April 22, 2019, 02:30:02 PM
Got another question about the potential location in Siberia. In the message I quoted below, you mentioned that you are in talks to buy an already operational farm in your preferred location. Would this be in Siberia or is the information you gave at that time already outdated?
If we choose to setup our farm from scratch we anticipate 6-15 weeks, but we are in talks about the initial purchase of an already operational farm in our preferred location to speed this process up.
Unfortunately the equipment was outdated and the “setup” wasn’t viable nor would it be profitable, with Siberia it is already setup with the correct power output via renewable sources
Even though buying and already operational farm would've sped things up, I am kind of glad, that this isn't going to happen. When building up your own farm, you are just not that limited and can buy the newest equipment at the location that suits your the best.
April 22, 2019, 01:30:58 PM
At front page, it's mentioned that we are not just buying tokens, but it's will be backed by preference shares. What are the benefits of preference shares?
April 22, 2019, 11:36:24 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
If I understand correctly, mining location/country is not finalized. Then how do you know how much money you need to setup an mining facility?
Good question, I hope team will give us clarification on this. Mining location will play part when it comes to cost. Local electricity charges and taxes will make difference.
April 22, 2019, 11:26:18 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
If I understand correctly, mining location/country is not finalized. Then how do you know how much money you need to setup an mining facility?
April 22, 2019, 06:32:40 AM
[Did they show any proof of mining activity? Even their mining address is enough with sign message as a proof that they are really mining.
But i guess they need to collect money first from investors so they can launch their own mining facility
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ICO just started, they first need to reach softcap, after this only team can start launch of mining facility. It's too early to expect mining facility ready.
But i guess they need to collect money first from investors so they can launch their own mining facility
[/quote]
ICO just started, they first need to reach softcap, after this only team can start launch of mining facility. It's too early to expect mining facility ready.
April 22, 2019, 05:52:28 AM
They still dont know the exact location as far as I know for their mining facility. If this is true, its impossible for them to give estimation of electricity charges.
Exactly my argument however they seem to be confident in their strategy and operation since they have gotten SEC approval which is a big deal in this space
Did they show any proof of mining activity? Even their mining address is enough with sign message as a proof that they are really mining.
But i guess they need to collect money first from investors so they can launch their own mining facility
April 22, 2019, 02:37:02 AM
Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
April 22, 2019, 01:47:25 AM
They still dont know the exact location as far as I know for their mining facility. If this is true, its impossible for them to give estimation of electricity charges.
Exactly my argument however they seem to be confident in their strategy and operation since they have gotten SEC approval which is a big deal in this space
April 21, 2019, 03:39:49 PM
Got another question about the potential location in Siberia. In the message I quoted below, you mentioned that you are in talks to buy an already operational farm in your preferred location. Would this be in Siberia or is the information you gave at that time already outdated?
If we choose to setup our farm from scratch we anticipate 6-15 weeks, but we are in talks about the initial purchase of an already operational farm in our preferred location to speed this process up.
Unfortunately the equipment was outdated and the “setup” wasn’t viable nor would it be profitable, with Siberia it is already setup with the correct power output via renewable sources
April 21, 2019, 01:43:46 PM
Got another question about the potential location in Siberia. In the message I quoted below, you mentioned that you are in talks to buy an already operational farm in your preferred location. Would this be in Siberia or is the information you gave at that time already outdated?
If we choose to setup our farm from scratch we anticipate 6-15 weeks, but we are in talks about the initial purchase of an already operational farm in our preferred location to speed this process up.
April 21, 2019, 12:58:31 PM
If you end up in Siberia, do you know already how the electricity will be generated? In Iceland geothermal would have been a perfect option, especially when you consider that this is a renewable energy source. But what's about in Siberia?
Siberia is the new option I am hearing here. Never heard it. Looking forward for the teams view on such renewable energy sources.
We are discussing lot of different locations here. Will there be multiple locations for mining facility? Or it will be one only, but as of now it's not finalized?
I don't see any information regarding mining facility (if it's mentioned somewhere then I think I overlooked it) that's why this discussion is going on.
April 21, 2019, 12:52:10 PM
If you end up in Siberia, do you know already how the electricity will be generated? In Iceland geothermal would have been a perfect option, especially when you consider that this is a renewable energy source. But what's about in Siberia?
Siberia is the new option I am hearing here. Never heard it. Looking forward for the teams view on such renewable energy sources.
We are discussing lot of different locations here. Will there be multiple locations for mining facility? Or it will be one only, but as of now it's not finalized?
April 21, 2019, 12:31:49 PM
If you end up in Siberia, do you know already how the electricity will be generated? In Iceland geothermal would have been a perfect option, especially when you consider that this is a renewable energy source. But what's about in Siberia?
Siberia is the new option I am hearing here. Never heard it. Looking forward for the teams view on such renewable energy sources.
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