As I said before, Envion are not the first one, producing Mobile Mining Units - Bitfury are long ago in the business.
Second, the hardware - they are planing to use Antminer 9S, the most popular ASIC miner, but more than year old model. New miner producing company will flood the market with new 16 Terahashes miner in March 2018, which means Bitmain most likely will be ready with Antminer 11S around that time. That means Envion will spend their money for old equipment.
They were very optimistic they can beat Bancor’s ICO, but it is not so easy...
One little red flag - why you need to send your money BEFORE the KYC process. The rest of the world is doing the opposite
Yes I totally get that we assume that they use the Antminer 9S model. If in the whitepaper that is where they based on their calculations. However, they also state they use an amount of money for research and development. I guess using a newer version of Antminers is considered to fall under development, right?
The model/calculations were just to forecast, its not their gameplan for the next 3 years to use s9. the will do wharever makes the most money at the time and forecasted. of course they will be on top of the latest tech and weight the cost/benefit. 16 TH vs 14TH is not going to make or break it. I use older GPU's that are slower but the cost is more efficient, and even if it wasnt its not a big deal for me, the profit gap is HUUUUGEE. of course i would expect envion to save and calculate the most efficient way to mine, but again, they are not robots or idiots, they will push to be as competetive as possibleI think the 150 million is a big cap to achieve and way to much and risky. But that is a gamble we all have to take. If they are making it work and can build a big amount of units and become the leading mining company in Europe. I think all the token holders should be proud to be part of it.
Your statement is unfounded that 150 million is "way too much and risky", why is 150 million risky and 50 million is not? They are only producing the MMU's when they have contracts in place and can use them, they are not dummies, its not a hard feat, its simply forecasting and knowing your space and using the money to produce more money.. they wont take 100 million and just produce more MMUs simply because they have more $, they will produce the MMU's when they have contracts at the ready, or can run the unitIn the end we will see what happens.
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