Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 201. (Read 125691 times)

Mark, I'm sorry you had to be removed because your conduct violated the channel's rules.  You were warned repeatedly and many people asked for you to be removed.

I answered your questions on Telegram and I will answer them AGAIN here.

1. Are you SCAM?
No.  But we encourage you to do your due diligence and find out for yourself.  That means you have to look at our website and whitepaper at the very least.

You can learn all about what Envion does on our website, but if you want to be sure we're not a scam, I suggest you take a look at our team. 

You can also see that we are in partnership with the Frauenhofer Institute, one of the premier science research institutes in Europe: http://www.nasdaq.com/press-release/envion-ag-envion-and-fraunhofer-to-start-research-cooperation-20171109-00299

2. Where are founders and co-founders? Where are no info about founders on website!
All the info on our team is on the Team page, visible from the top navigation: https://www.envion.org/en/team/

The entire Envion team have been working on public projects in the German business community for years—we are entrepreneurs with easily-accessible public profiles.

3. Where do you mine? NO INFO about your minig!!!
We have a Mobile Mining Unit in operation not far from our Berlin offices.  We will have a second unit coming online in the next two weeks. Info about it and a view of the operating dashboard is available here: https://www.envion.org/en/mobile-mining-unit/

4. Website was open 1 month ago!!!
It's normal for a company to work in stealth until they are ready with their product.  We are no different. Learn about stealth mode here: https://www.entrepreneur.com/article/229461

Furthermore, we couldn't possibly have developed our IP, written our whitepaper, gotten lawyers, secured deals, etc. in in one month. 

Now that we are public, we will also be announcing our external auditor from one of the Big Four auditing firms who will oversee our ICO and business operations for full transparency and accountability.

5. Where is technical characteristics for power ?
I don't know what this means and you refused to clarify in our discussion on Telegram.

6. Where is info about mining power per container&
There is considerable information on the technical specifications of our mining units in our 60-page whitepaper: https://www.envion.org/en/whitepaper/

In addition to that information, we are coming out with supplementary data that shows more detail on our projections and different operating scenarios. That is a need that arose from user requests here and on Telegram and we are responding to it.

7. Where do you locate&
We are a Swiss company with operations in Berlin, which is where our mining unit is.  This information is on our website and has been confirmed by DigiCert to get our SSL license: https://www.envion.org/en/imprint/

8. To color a container is it your real technology?
As for what our innovation is, there are many: from using Industry 4.0 controls, to the mining software that dynamically chooses coin, algo, etc. from real-time market data, to the patent-pending cooling system.

If it were just throwing some ASICs in a box we wouldn't have one of the world's premier research institutions working with us, the Frauenhofer Institute (they invented MP3s too!).

MORE OF YOUR 'QUESTIONS':

1. Your company was created October, 5, 2017! (Info from Zug, Switzerland register -  we can provide a paper).
Again, we were working in stealth mode.  A lot of companies incorporate new entities in their ICO jurisdiction when they decide they will use an ICO to fund their project.

2. Website was created in October, 2017!
We hope you are not using our website to determine if we are legit—please do more research.  Yes, it went public when envion went public with our company and project.

3. In White Paper you told about  Envion technologies GmbH what will cooperate with you, but no any info about this company! Please, send me a link to this company!
Here is the text from the whitepaper: "After the ICO, we will found a 100% subsidiary for R&D and the management of container production: envion technologies GmbH, located in the German blockchain capital of Berlin."

I'm not sure how we can make the word AFTER more clear or to better describe the purpose of creating that subsidiary.

4. Account in Linked In was opened 1 week ago!
Stealth mode, dude. Not sure what else to say.

5. Your CEO is journalist and  was hired in October, 2017 like all their team!
Our CEO has spent two decades in the energy industry after his career as a journalist, leading an energy investment fund in Berlin and advising many energy startups: http://www.quadrat-capital.com/management/


Mark, please stop the harassment.  I've answered your questions many times over now.  I welcome hard questions and don't even mind a bit of conflict, but you are scaring away other people from asking their important questions.  I hope this suffices.

What this article shows is, sorry to say, that you have either no idea or worse.

I have no time to go every over every aspect of calculation so I just pick a few:


A3) Average local energy prices, very very unlikely, on EEX ist 0.0435 on average and taxes are not included here so why would anybody offer you energy for less, anyway it will not make a large difference.

K3) Cost of an ASIC miner: 1945 USD, at least in Germany its impossible, since, including the PSU this is the price in China if you are very lucky. Then you need to fly it somewhere, pay customs, and especially VAT within Europe which you do not get back because the end product (cryptocurrencies) has no VAT on top. So the price of an ASIC is currently or a month ago more like 2400 USD.

K13) This is total nonsense, the mining profit decreases every month and will most probably reach zero profitability within 2 years. I am mining for many years and on average your profit will be about 50% per year and this only after quite some time when you dealt with many problems already. When the next generation of miners comes to the market earlier your hardware will be useless even faster than 2 years.
https://bitcoinwisdom.com/bitcoin/difficulty

Also when profitability for ETH or Bitcoin drops dramatically then, with a large mining facility you cannot just switch to other coins.

Sure you can mine Einsteinium, no Problem, but with 1000 MMUS not, you cannot do it with some small coins you need to mine large coins and you will run into this problems just like now.

F) These costs are very unlikely, shipping a container 1000 USD ?, from where to where, usually even insurance cost more just for a short ride. Energy components, if you want to be safe is definitely more and don't forget, power stations don't have 50,100 or whatever KW plugs hanging around, you need to install transformators there for this purpose and long cables with large diameters made from copper, they can cost 20K USD easily for a single container. What about the cost of disposing of the units after lifetime, where is the insurance for transport, for the container and for the power station in case your equipment destroys it?

X) 1000 MMU´s that will require a shitload of people, handling, and organizing, bookkeeping, legal departments, monitoring and more.

Question from my side: Will it be possible to order also as a normal private investor from Germany thanks to the postponement to the 15th?

I heart surprisingely, that originally the BAFIN planned to allow only allow investments by insitutional investors in Germany.

(It's funny, I headed big teams and realized multi million projects in the past, but they think, they have to patronize and protect me for myself. That feels so German.)

stay away from this...

Did you look into this?
https[Suspicious link removed]mplary-hardware-specifications-kpis-of-envions-mmu-ff5fb77cd5da

There is everything you need to know about the 161% ROI.

Hello Envion, You wrote before that you like hard questions, so here is one of them !
I'm almost ready to invest, but I have a few questions about buying Envion tokens. I would like to buy them using Ethereum.
About KYC (know your customer) and AML (anti money laundering)- what are you going to do with customer data from ICO registrations? Do they only serve for AML control and then you are going to destroy them or will you store them? Do you have to automatically report all ICO token purchases over some limit (€ 1,000, € 10,000 or $ 10,000, € 15,000) somewhere (tax authorities etc.)?
This question could be interesting for more investors because some governments and financial authorities do not like cryptocurrencies and trading with them, and nobody wants to get into their viewfinder or get to their "blacklist" and get unnecessarily scrutinized by them (cryptos were created to give people back some financial privacy, which authorities don't like)
Also, there is a current case that "The bitcoin exchange Coinbase has been ordered to hand the IRS info on 14,355 of its highest-rolling customers". So I think we need to know if our personal data are going to be send somewhere and under what conditions.

Why it need 6 month for payment via cc ??

I actually mine with a rival of yours, I must tell you, if you reinvest 25% of your proceeds in the hardware I would say you are not going anywhere, I mean it takes about 15 months to break even on average, and then you have another say 8 months or 10 with earnings then you need to replace the hardware. Sure there are better months, but since the whole industry becomes larger it is to be assumed that profits will be less. So with 25% of proceeds, IMHO, there is no way to replace the rigs.

Also can someone please tell me if the company really believes that there is a 161% ROI for the investor, that reminds me the example with the king and the beggar and the rice, in no time every investor would have more money as there is money in the whole world...

Hi !

I can try to explain it. But maybe I am wrong. It is actually very easy. You have Proof of Work crypto like Bitcoin, dash, Litecoin and ethereum that you can mine. There are also many many others. Most of this coins have limited supply, So you can only mine that much. On coinmarkepcap for example you can see Total supply ( how many coins are there ever gonna be, btc 21 million) and how much are there already mined and on the market. To avoid that everything is mined very fast ( for example in one year) and the market is flooded with coins, what could lead to Price drop (imagine All bitcoin was mined in 2011 when few people knew it), most coins have difficulty adjustment and reward adjustments. So if a lot of people are mining, doing work, difficulty goes up and with time rewards also get less per block ( please read white paper of bitcoin by Satoshi). So for example now a lot if people mine bitcoin, look at difficulty charts of last years. Difficulty is high. Asic miners brought mining to new level as they do more 'work' (they can calculate faster ). And with time as explained in Bitcoin white paper, rewards are reduced. So now in 2017 you saw huge rise in difficulty and less rewards. The people who mine most effective ( low electricity cost, effectiveness with good cooling, good software but also most hashpower get have the most left of their rewards) As price of bitcoin keeps rising, you still get profit from mining. Also big mining farms with tens of thousands miners already exsist, this is why these 1000 MMUs are a joke, and in these farms miners are joined in Pools/Grous to compete with others for the award each block. These companies can get good deals on electricity, miners as they buy in bulk. Even John McAffee started one. Secondly because they have everything in big facilities, maintainance can be done more easily as they are close to eachvother.

Then you can mine alternative coins and sell them with a profit. If I look at the top 10 crypto 1 or 2 years ago, a lot has changed. Mining the wrong coin could mean losses. For almost all top crypto with PoW algorithm there are this super computers or asic miners, except Monero 😀.


So this huge mining farms oppose a little bit the decentralized concept of crypto, this is why Ethereum wants to go to proof of stake so they don't get sabotaged by miners.

But the most important point is, to mine with profit you really have to know what you are doing. Spending a lot of money on equipment that is outdated in 6 months can be fatal. Just look at your PC or cellphone, how fast is the turnover? And as crypto is just starting to boom, a lot of companies are going to develop miners. So buying expensive asic miners putting them in a container worth >100 000$, in the dessert because of the cheap electricity and then saying with 25% of earnings to cover the new hardware, just shows how clueless Envion is.
160% profit in first year! This is just funny and unrealistic. It is bate for greedy people

I actually mine with a rival of yours, I must tell you, if you reinvest 25% of your proceeds in the hardware I would say you are not going anywhere, I mean it takes about 15 months to break even on average, and then you have another say 8 months or 10 with earnings then you need to replace the hardware. Sure there are better months, but since the whole industry becomes larger it is to be assumed that profits will be less. So with 25% of proceeds, IMHO, there is no way to replace the rigs.

Also can someone please tell me if the company really believes that there is a 161% ROI for the investor, that reminds me the example with the king and the beggar and the rice, in no time every investor would have more money as there is money in the whole world...