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Topic: [ANN][ICO/IPO][PRE-SALE]FOLEUMio - GREEN Mining for the masses, Simplified - page 16. (Read 9644 times)

newbie
Activity: 180
Merit: 0
Hi again! I love this project, innovative idea and perfect fulfillment. I got a couple of question
First of all, how exactly Foleum will be financed?
Hi! I agree with you, i love this project too  Smiley
Now about your question, Foleum is financed by its community of FOL Crystal holders.
That's interesting, but what the community of FOL crystal holders get from this?
In turn, Crystal holders are entitled to receive distributions of up to 60% of the Project’s mining profits, so it's a pretty good deal  Wink
newbie
Activity: 180
Merit: 0
Greetings guys. I have heard, that Foleum will be manufacturing their own mining rigs, but how it
will be possible, if lack of hardwares it's most popular problem right now.
Greetings. Indeed, Foleum will be manufacturing and build their own mining rigs. As they say "through our network of strategic partners, we have been able to secure prioritized access to components such as GPUs and motherboards in large quantities." So, it's not a problem anymore.
That's interesting solution, in fact, in the field of crypto-currencies there are a lot of different problems, like wrong thermal management or network outages. Do Foleum know how to deal with it?
Of course. Actually Foleum has a different solution for any of the popular minig problems in order to prevent them.
You can find them by yourselves in official White paper here:
https://drive.google.com/file/d/1mgiSIE3ygC7LRb5nUut1SrHiN9tDJ8RG/view
I'm not gonna lie, im to lazy to read this...may seem rude of me, but can you tell about these solutions?
Cheesy It's fine, not a burdensome for me and im glad to help!
Now let's back to the mining problems.
Network Outages:
Foleum engineers have designed a system with several redundancies to handle failures, and keep the Project running
in response to most network problems and to limit outages and downtime.

Thermal Management:
The Foleum Project’s proprietary data center and mining rig designs, include thermal management processes
intended to optimize running conditions for the Project’s servers.
newbie
Activity: 41
Merit: 0
Greetings guys! Project looks cool and promising. I want to know more about your mining rigs, they are pretty curious.
Greetings! Sure, i can help you with that. What exactly yo want to know about them?
That's would really help, i appreciate it. First of all, is it profitable now to buy them?
Of course it is! Just like the price of Bitcoin the profitability of mining can swing drastically.
However, Bitcoin’s historical average mining profitability is about $15 a day!
So, with increasing hardware power profit from mining will increase too?
Something like that, As technology continues to evolve we will see upgrades in the Bitcoin mining hardware, which in turn will increase
the hardware’s mining efficiency.
So, it will increase profitability too, right?
Kind of, the increased efficiency is expected to increase
the hardware’s profitability or at least help it maintain its historical average.
What about Foleum server? How much it cost?
1 server (s9) can cost about $1,300 to purchase, and, of course, plus the cost of the power
supplies to run this server.
And how much 1 this server can make per day?
newbie
Activity: 112
Merit: 0
Hi again! I love this project, innovative idea and perfect fulfillment. I got a couple of question
First of all, how exactly Foleum will be financed?
Hi! I agree with you, i love this project too  Smiley
Now about your question, Foleum is financed by its community of FOL Crystal holders.
That's interesting, but what the community of FOL crystal holders get from this?
newbie
Activity: 58
Merit: 0
Greetings guys. I have heard, that Foleum will be manufacturing their own mining rigs, but how it
will be possible, if lack of hardwares it's most popular problem right now.
Greetings. Indeed, Foleum will be manufacturing and build their own mining rigs. As they say "through our network of strategic partners, we have been able to secure prioritized access to components such as GPUs and motherboards in large quantities." So, it's not a problem anymore.
That's interesting solution, in fact, in the field of crypto-currencies there are a lot of different problems, like wrong thermal management or network outages. Do Foleum know how to deal with it?
Of course. Actually Foleum has a different solution for any of the popular minig problems in order to prevent them.
You can find them by yourselves in official White paper here:
https://drive.google.com/file/d/1mgiSIE3ygC7LRb5nUut1SrHiN9tDJ8RG/view
I'm not gonna lie, im to lazy to read this...may seem rude of me, but can you tell about these solutions?
newbie
Activity: 180
Merit: 0
Greetings guys! Project looks cool and promising. I want to know more about your mining rigs, they are pretty curious.
Greetings! Sure, i can help you with that. What exactly yo want to know about them?
That's would really help, i appreciate it. First of all, is it profitable now to buy them?
Of course it is! Just like the price of Bitcoin the profitability of mining can swing drastically.
However, Bitcoin’s historical average mining profitability is about $15 a day!
So, with increasing hardware power profit from mining will increase too?
Something like that, As technology continues to evolve we will see upgrades in the Bitcoin mining hardware, which in turn will increase
the hardware’s mining efficiency.
So, it will increase profitability too, right?
Kind of, the increased efficiency is expected to increase
the hardware’s profitability or at least help it maintain its historical average.
What about Foleum server? How much it cost?
1 server (s9) can cost about $1,300 to purchase, and, of course, plus the cost of the power
supplies to run this server.
newbie
Activity: 180
Merit: 0
Hi again! I love this project, innovative idea and perfect fulfillment. I got a couple of question
First of all, how exactly Foleum will be financed?
Hi! I agree with you, i love this project too  Smiley
Now about your question, Foleum is financed by its community of FOL Crystal holders.
newbie
Activity: 180
Merit: 0
Greetings everyone. I'm curious, what platform for token do you use?
Greetings! Foleum use ethereum platform.
I see. Maybe you know, what will the FOL token price be?
Hmm... price will be something around 0.15 USD for 1 FOL token.
newbie
Activity: 180
Merit: 0
Greetings guys. I have heard, that Foleum will be manufacturing their own mining rigs, but how it
will be possible, if lack of hardwares it's most popular problem right now.
Greetings. Indeed, Foleum will be manufacturing and build their own mining rigs. As they say "through our network of strategic partners, we have been able to secure prioritized access to components such as GPUs and motherboards in large quantities." So, it's not a problem anymore.
That's interesting solution, in fact, in the field of crypto-currencies there are a lot of different problems, like wrong thermal management or network outages. Do Foleum know how to deal with it?
Of course. Actually Foleum has a different solution for any of the popular minig problems in order to prevent them.
You can find them by yourselves in official White paper here:
https://drive.google.com/file/d/1mgiSIE3ygC7LRb5nUut1SrHiN9tDJ8RG/view
newbie
Activity: 112
Merit: 0
Hi again! I love this project, innovative idea and perfect fulfillment. I got a couple of question
First of all, how exactly Foleum will be financed?
newbie
Activity: 84
Merit: 0
Greetings everyone. I'm curious, what platform for token do you use?
Greetings! Foleum use ethereum platform.
I see. Maybe you know, what will the FOL token price be?
newbie
Activity: 58
Merit: 0
Greetings guys. I have heard, that Foleum will be manufacturing their own mining rigs, but how it
will be possible, if lack of hardwares it's most popular problem right now.
Greetings. Indeed, Foleum will be manufacturing and build their own mining rigs. As they say "through our network of strategic partners, we have been able to secure prioritized access to components such as GPUs and motherboards in large quantities." So, it's not a problem anymore.
That's interesting solution, in fact, in the field of crypto-currencies there are a lot of different problems, like wrong thermal management or network outages. Do Foleum know how to deal with it?
newbie
Activity: 41
Merit: 0
Greetings guys! Project looks cool and promising. I want to know more about your mining rigs, they are pretty curious.
Greetings! Sure, i can help you with that. What exactly yo want to know about them?
That's would really help, i appreciate it. First of all, is it profitable now to buy them?
Of course it is! Just like the price of Bitcoin the profitability of mining can swing drastically.
However, Bitcoin’s historical average mining profitability is about $15 a day!
So, with increasing hardware power profit from mining will increase too?
Something like that, As technology continues to evolve we will see upgrades in the Bitcoin mining hardware, which in turn will increase
the hardware’s mining efficiency.
So, it will increase profitability too, right?
Kind of, the increased efficiency is expected to increase
the hardware’s profitability or at least help it maintain its historical average.
What about Foleum server? How much it cost?
newbie
Activity: 180
Merit: 0
Greetings everyone. I'm curious, what platform for token do you use?
Greetings! Foleum use ethereum platform.
newbie
Activity: 180
Merit: 0
Greetings guys. I have heard, that Foleum will be manufacturing their own mining rigs, but how it
will be possible, if lack of hardwares it's most popular problem right now.
Greetings. Indeed, Foleum will be manufacturing and build their own mining rigs. As they say "through our network of strategic partners, we have been able to secure prioritized access to components such as GPUs and motherboards in large quantities." So, it's not a problem anymore.
newbie
Activity: 180
Merit: 0
Greetings guys! Project looks cool and promising. I want to know more about your mining rigs, they are pretty curious.
Greetings! Sure, i can help you with that. What exactly yo want to know about them?
That's would really help, i appreciate it. First of all, is it profitable now to buy them?
Of course it is! Just like the price of Bitcoin the profitability of mining can swing drastically.
However, Bitcoin’s historical average mining profitability is about $15 a day!
So, with increasing hardware power profit from mining will increase too?
Something like that, As technology continues to evolve we will see upgrades in the Bitcoin mining hardware, which in turn will increase
the hardware’s mining efficiency.
So, it will increase profitability too, right?
Kind of, the increased efficiency is expected to increase
the hardware’s profitability or at least help it maintain its historical average.
newbie
Activity: 84
Merit: 0
Greetings everyone. I'm curious, what platform for token do you use?
newbie
Activity: 58
Merit: 0
Greetings guys. I have heard, that Foleum will be manufacturing their own mining rigs, but how it
will be possible, if lack of hardwares it's most popular problem right now.
newbie
Activity: 41
Merit: 0
Greetings guys! Project looks cool and promising. I want to know more about your mining rigs, they are pretty curious.
Greetings! Sure, i can help you with that. What exactly yo want to know about them?
That's would really help, i appreciate it. First of all, is it profitable now to buy them?
Of course it is! Just like the price of Bitcoin the profitability of mining can swing drastically.
However, Bitcoin’s historical average mining profitability is about $15 a day!
So, with increasing hardware power profit from mining will increase too?
Something like that, As technology continues to evolve we will see upgrades in the Bitcoin mining hardware, which in turn will increase
the hardware’s mining efficiency.
So, it will increase profitability too, right?
newbie
Activity: 90
Merit: 0
Hey guys. Foleum team, your idea looks rather bright and fresh in my opinion.
 I wanna ask, is main ICO already started?
Hey! i didn't quite catch the question... you mean, Pre-sale? Coz ICO "starts" during Pre-sale i believe.
I mean the Token sale in general. I think Pre-sale match the description.
Okay then. If we talking about Pre-sale, sadly, it's already ended.
It's a pity, as far as I know, the best time to buy tokens - during Pre-sale.
But token sale is still ongoing, right?
It's because during Pre-sale discounts and bonuses, usualy, are highest, and you get maximum profit from them.
Yes, ICO still ongoing.
So, there is no bonuses and discount during present stages?
Bonuses and discounts, are present at each stage they are just different and not so profitable, as during pre-sale.
What are the discounts on the current stage?
On early adopter sale stages, we have this values:
●      Early adopter sale - stage 1:   60%
●   Early adopter sale - stage 2:   50%
●   Early adopter sale - stage 3:   40%
So, it's mean the earlier the better? The earlier you participate in the project, the more profit you get?
Yeap, something like that. But you can get pretty great income on every stage of project.
Thanks for answers, i appreciate it!  Smiley I hope Foleum will be success, project looks flawless so far, good luck!
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