Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 185. (Read 125671 times)

I asked earlier but nobody answered.

Already more than 23,648,354.79USD raised!

Is it envion tokens which brings 16.45m usd raised or it is usd amount so 33.57m tokens issue?

I think it is best that we finish this pointless conversation before it goes ugly. You are invested into this ICO which makes you stand in a defensive position regarding very obvious facts.

A word about my background: I worked for 2 BIG4 companies in strategy/operational excellence within 6 different industries ranging from heavy manufacturers to financial services providers and I own a decent mining farm myself. Excuse me if I don't believe facts like "well you know they said that they have..." or "theres an article on their website saying that..." - these are no facts (especially for a person with my background), its just a bunch of words with no hard evidence behind them. I can make a website and type any statements in there - will you also believe all you see there?

Also, the majority of your arguments follow some broken logic, which makes me doubt your background and hence credibility of most of your assumptions, although there are a couple of valid points to take... It is obvious to me you are not miner yourself and your background is arts or economics at very best, you don't sem to completely undrestand core functions of a mining operations, you have little understanding of how mining brings money over the span last 2 years, so why continue this conversation, really, I don't intend to get personal here I'm just stating my point of view and facts that I know.

An example of what I mean:
Me - "Energy is not a deal braker for any serious mining operation, Envion is trying to solve the wrong issue, that was never there in the first place"
You - "good, so we know envion has plenty of access to energy, check!"

I'm sorry, what?

Our conversation logic so far:
You - "How do you know what miners they are planning on using?"
Me - "Read the whitepaper, it's all in there"
You - "Tell me who needs to do his homework"

As you may remember (if you are really following Envion that closely) they promised audit on 1st of December and the ICO was supposed to start on 1st of December - this is a good practice gone wrong.
I do wish you luck with this investment and I do believe Envion will make some profit, I'm just saying they have too ambitious goal to make up to.

Honestly, give me $2.7k and 3 weeks of time, I will assemble a rig that does make 177 mh/s in Ethash and you will start making 240% ROI/yr given current prices/difficulty in ETH (if we're talking ETH that is). I will assemble it from top-notch components (not the sheitteh 460s and unknown unstable mobos) and post-market consumables like RAM/HDD but I will never promise u a good return if the rigs are assembled from god knows what by some dudes in China. I have reviewed over a dozen of manufacturing contracts with Chinese ops and they usually result in about 40% manufacturing defects. This is an actual benchmark btw.

But... again, we can go debating for hours and its totally not worth it. Have a good day and good luck with this, just know there are better ways of spending your money.

Guys, it is really big fee, but you should understand that it is not problem of Envion. It is problem of Ethereum chain.

Thanks friends, I sent using Metamask and it set a 20 gwei 200000 gas and everything went smoothly. Probably if I had set this gas limit in the first place then I wouldn't have lost 0.0015 eth.

I did

Gwei = 40

Gas Limit = 200000

And it worked out well

During the ICO, I used 300000 gas limit and 100 gwei. It succeeded. Did you remember to add the additional data, since you're using MEW? If you don't add the additional data, the transaction will not complete properly.

Very interesting project, I'll be following and hoping to see more.

I tried to invest using manual transfer from MEW two times one with 50000 and other with 100000 gas but both failed losing 0.0015 eth in the process. Then I tried several times with my two credit cards and it is failing continuously. Only 6 hours left for 30% discount, Will this issue be resolved asap.?

Obviously, I can say that the project has created expectations on me. I like the presentation very much. It was quite ambitious, simple and professional. The team is really getting serious about the project. The crowds are also a source of confidence.

You say when as if its a fact. From what I know, to make cryptocurrency work, the Proof must be difficult to solve, but easy to check. Proof of work does that very well, Proof of stake not so much. And that causes issues with keeping it decentralized. But I dont know what the distant future really holds. Also Tangle is proof of work still, its just built into the transaction when you send, as opposed to separate. I think blockchain is just in the beginning stages and will be around for a while. But who can really predict the future and innovation. I'm just betting on POW for the next 2 or 3 years. I also invest in IoTa.

What happens when things start majorly shifting from Proof of Work to Proof of Stake (e.g.  Tangle/ HashGraph) making mining irrelevant?

Absolutely. But not right now. The tokens are not "unlocked" and won't be until the end of the ICO. Also, your KYC must pass before the tokens are unlocked. If you used a credit card to buy your tokens, your tokens can be locked for the entire duration of the chargeback period for the credit card. This is to prevent people from using the chargeback feature of the credit card to defraud Envion.

Does anyone know if its possible to send my Envion Tokens from one MEW (Metamask) wallet to another wallet?

after reading nearly all the positive comments, I'm wondering if I should drop more into the project.  After reading bitcoins increase in coal consumption in China article today, I'm all for something that doesn't mess up  the planet (since Trump is gonna try his hardest to do so).  Oh yeah, making some money on it would be cool too

If you look at the forecast for Envion, the revenue production far outweighs the expense.
Mining is very profitable. The thing about capitalism and supply and demand is that this gap is closed, in time. Unless there are barriers to entry such as patents that prevent this. This is looking down the road, at when the gap is closing - when that happens it will be about who can minimize their expenses to keep that margin. For now, all miner are gold. We don't know how long that will last, but I think its safe to say that there is a hefty profit that will still be there in 12 months. With increase in crypto value comes an increase in miners which causes an increase in the difficulty, which brings down the profitability of mining. It is this fine balance that we will carry into the future and will determine who makes money and for how long. Envion's business plan is to stay flexible and have ingenuity in their approach. They are funding this with an ICO to speed up the process and be first to market. The are looking to secure contracts that are win-win and will stay in place and hopefully grow over the next while. These contracts will lower the expense to a much lower amount than your typical mining farm and i believe this will allow Envion to remain in the mining game, perhaps above other typical mining farms. They are working on scenarios where companies pay THEM to mine in order to heat their facilities... with the narrowing of the gap though, profits decrease and other miners that cant compete will go offline, which increases profits, and such is the delicate balance. But for the near future, there is profit for everyone, and their speed will help them in growing an in returning our investment in a relatively short period of time. Its in Envion's hands now to execute. I'm pumped for it!

You just have to read my comments, sir. Tell me who needs to do his homework.

this project will be an ace card for this month, we should stay watch this envion project, because my feeling this project will go moon or beyond

I agree, Envions calculation is based on a S9 miner price of 1700 USD, go and see for yourself what an S9 cost right now, its between 5000 and 7000 USD on Ebay or Alibaba, and if you want more it only gets more expensive.

I do not speak for HitBTC but I do know they legal framework they work under and I d not believe they will list a security token. So are just asking me a question in order to avoid an answer.
Do you have proof that HitBTC will list your coin or not ?

I agree that electricity from the grid would make the most sense, at least until battery costs come down more.

Also, your other points are good ones. I've been mining for a little bit with both Hashflare as well as a home miner, and it does seem that it can be profitable even without super cheap electricity. Of course, the big unknown is how long that will remain true as difficulty levels increase.