Topic: 🔥🔥🔥 [ANN] SECURIX.IO - THE SAFEST TOKEN IN MINING 🔥🔥🔥 - page 75. (Read 49518 times)

Securix’ gross revenue allocation is as follows:
-   45 percent of the total mined gross Bitcoin volume will be distributed monthly and divided among all Securix token holders by means of a smart contract in Ether.
-   37 percent of the total mined gross Bitcoin volume is reserved for costs such as electricity, maintenance and overhead. This percentage is an estimate; costs are variable. The percentage does not influence the gross revenue output to the token holders.
-   10 percent of the total mined gross Bitcoin volume is reserved for improving our facility and/or purchasing new hardware and/or the token buyback burning program.
-   8 percent of the total mined gross Bitcoin volume is reserved as gross profit for securix.io. This percentage is an estimate. It does not influence the token holders’ gross revenue output.

you have a point there!
but team is not disclosing much info to its community, i don't know the reason!
may be they have their own reason to keep the info disclosed!
but i would really like some details

This is nice and i think purchasing from a third party instead of building one is indeed a good idea, so long as it's sustainable over a long period of them, then i'm cool with it, as it will save cost and such can be channeled into something useful that will help in the overall growth of the brand, i appreciate how effective your communication system works

Whether you are building a windmill park is quite good but what is the amount you are going to spend on an hourly basis in order to mine the coins. DO you have any plans on which coins you are going to mine because we have calculated all these in order to share the profits?

You don't even know how long the whole mining operations will be sustainable or how they might change over time.

Hello,

The electricity prices are very low, of course you can move the mining facility to Venezuela but than you have different kind of issues. The Netherlands is known for an ideal climate and power grid for data centres:  
  
* 99.995% Energy grid up time  
* Dutch air outside is cold enough, below 22 degrees Celsius to permit sustainable data centre cooling 97% of the year  
* Lowest average latency in Europe  
* Due to the presence of the Amsterdam internet exchange, The Netherlands has become one of the world's most significant internet hubs.  
* Politically stable due to the Dutch consensus model in both politics and economics  
  
To ensure successful execution of its ambitious business goals, the company's management and staff members are living and working in the same country as the mining operation - the Netherlands. With a highly committed and vested group of founders, Securix is already ahead of its road map, having upgraded their infrastructure and electricity.

From my understanding they will be buying it off cheap since it is green energy; That usually does not cost to generate hence is cheap to buy. I think the challenge is when bitcoin's price goes below their set numbers which is likely. I understand that there is a pool in place but the pool can sustain a certain period only.

The prices for energy are very stable in The Netherlands as we have a lot of generators. If anything changes, we will share this information with the community.

If you still have questions, feel free to ask them

The Securix Team

Hello,

We are not building solar fields, nor we are building wind mill parks. The EAN-to-EAN platform is a decentralized platform with fewer parties involved. We purchase directly from the green generator. Without the need for intermediaries. Our energy is delivered virtually through the electricity grid.

Watch this video to see what EAN-2-EAN is all about and how Securix purchases its electricity: https://youtu.be/cQSNYavt_W4

If you still have questions, feel free to ask them!

The Securix Team

Hello Tuner,

We have this plan B ready, but this plan is as well prone to market development. The plan is not relevant now, just a quick reminder that the big mining farms are thriving more than ever. ASIC mining is very profitable, but it all comes down to the criteria's in the PUP method. Securix wants to strike a balance between cost per unit, efficiency and energy usage. Securix is ready for all the new brands ands models an the best return of investment at the time of purchase. We use the "Power Usage, Unit price, Performance" or "PUP" model. Buying hardware is organic and is prone to market developments. The type of hardware Securix will buy can change over time.

You can read some more about this at page 30 and 31 of our whitepaper. https://securix.io/wp/Securix_Whitepaper_onepager_GB.pdf

If you still have questions, feel free to ask them.

Kind regards,

The Securix Team

The concerns of the community can be felt and just like i stated earlier, it has to do with the outcome of past projects that has either fall due to improper planning, use of amateurs and scammers, so this is where securix should come out properly and address the house on the stated problems, the communication aspect has been good as we can see from their responses, so lets wait for a response

Yes, for that they need to spend a lot of amount in order to get an outcome because Wind Energy is best and low investment but whereas for solar they need investment a lot into the project for mining. So it is very difficult to mine the coins at once case.

What could be plan B for Securix if things don't work out in future due to high energy cost? If the team already using green energy then I don't think there will be anything better at this moment.

From my understanding they will be buying it off cheap since it is green energy; That usually does not cost to generate hence is cheap to buy. I think the challenge is when bitcoin's price goes below their set numbers which is likely. I understand that there is a pool in place but the pool can sustain a certain period only.

Lol that’s a joke right? Profitability of miners depends on price of power seriously its the most important factor high efficiency miners and then price per kWh is what turns a profit

Developing a new technology for their energy consumption will be difficult they can use existing technologies that are commonly used.

Yh. I requested for the details of next meetups from team. They promised to give a feedback when the next would be. But I never got it.
So much issues about mining and making off profits. Securix prototype looks feasible. But investors would like to see team answer some questions.

Got the email also. It's really a good story and I hope they will really going to use all the things happened to them to make this project successful.

But currently non of that matters as there are no sha256 miners worth buying.

Buying on the open market and focusing most of their energy on energy acquisition and keeping running costs low is going to be the most important thing they can do

I understand and share most of our fears but regarding an alternate energy source, I applaud their approach of decentralized purchase of solar and wind energy as alternative but eagerly await the outcome.

Yes I would also like to see Securix announce a plan B, it's difficult though as others have mentioned previously, SHA miners are no longer as profitable as they used to be. They need a fallback plan.