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Topic: [ANN][ICO/IPO][PRE-SALE]FOLEUMio - GREEN Mining for the masses, Simplified - page 27. (Read 9644 times)

newbie
Activity: 238
Merit: 0
So where is your project exactly located?
newbie
Activity: 266
Merit: 0
About project reserve, i wanna ask, do you plan to repurchase FOL for it??
The profit-sharing proceeds from the remaining 2% of the reserve FOL crystals will also be used to buy back FOL but the repurchased FOL will not be burned and will
instead be added to the Project reserve.
newbie
Activity: 266
Merit: 0
Greetings all. So how much Foleum plan to reduce the cost of power consuming by this servers?
Greetings fellow! Information from their site: Upon the Project’s ability to reduce the power cost to running the equivalent of 2500 of these
machines down to $2,500 per day.
So how much profit you can get from this reducing??
in this example the average daily profit would increase to $35,000 per day (up from $27,625).
newbie
Activity: 266
Merit: 0
Hello everyone. From what i read above there will $28,287,500 for a year but excluding proceeds costs.
So, i wanna ask, how much it will be in pure profit, with deducting of all costs?
Mining Profit (proceeds minus costs): $25,458,750 a year. From the white paper.
newbie
Activity: 252
Merit: 0
About project reserve, i wanna ask, do you plan to repurchase FOL for it??
newbie
Activity: 151
Merit: 0
Greetings all. So how much Foleum plan to reduce the cost of power consuming by this servers?
Greetings fellow! Information from their site: Upon the Project’s ability to reduce the power cost to running the equivalent of 2500 of these
machines down to $2,500 per day.
So how much profit you can get from this reducing??
newbie
Activity: 87
Merit: 0
Hello everyone. From what i read above there will $28,287,500 for a year but excluding proceeds costs.
So, i wanna ask, how much it will be in pure profit, with deducting of all costs?
newbie
Activity: 266
Merit: 0
So your 100% will be worked, or what? Can i be sure, that i will not fail?
You never can be sure for 100%, as Foleum team said "However, this is just an example, there is no guarantee that the Project will ever achieve profitability, or if it did, that
it would achieve this level of profitability or that profitability would be realized every day over the course of a year without
interruptions."
newbie
Activity: 266
Merit: 0
Greetings all. So how much Foleum plan to reduce the cost of power consuming by this servers?
Greetings fellow! Information from their site: Upon the Project’s ability to reduce the power cost to running the equivalent of 2500 of these
machines down to $2,500 per day.
newbie
Activity: 266
Merit: 0
So how much profit from this miners you can get in a year in total?
By the way, really like your project, and hope you will be success!
From the year of Mining Profit (proceeds minus costs) it will be $25,458,750 in total form ASIC and GPU mining servers.
Woah, that's a lot indeed. And how much will be distributed from this profit, among people who participate in your project?
Hmm...so it will be 60% i believe. Yea, 60% of profit from ASIC and GPU server will be distributed. In white paper was written this
"60% Profit Sharing", so I think this is what you are asking about. And one more thing, the remaining profit will be re-invested into Growth.
60% sounds pretty solid, but how much it will  be in USD?
60% Profit Sharing: Up to $15,275,250 a year to be distributed among the Crystal (token) holders
newbie
Activity: 220
Merit: 0
So your 100% will be worked, or what? Can i be sure, that i will not fail?
newbie
Activity: 119
Merit: 0
So how much profit from this miners you can get in a year in total?
By the way, really like your project, and hope you will be success!
From the year of Mining Profit (proceeds minus costs) it will be $25,458,750 in total form ASIC and GPU mining servers.
Woah, that's a lot indeed. And how much will be distributed from this profit, among people who participate in your project?
Hmm...so it will be 60% i believe. Yea, 60% of profit from ASIC and GPU server will be distributed. In white paper was written this
"60% Profit Sharing", so I think this is what you are asking about. And one more thing, the remaining profit will be re-invested into Growth.
60% sounds pretty solid, but how much it will  be in USD?
newbie
Activity: 151
Merit: 0
Greetings all. So how much Foleum plan to reduce the cost of power consuming by this servers?
newbie
Activity: 266
Merit: 0
You said, that you will purchase 2000 GPU miners, so how much there will be a profit from it in a year?
Hello, according white paper:  "2000 GPU miners, which we expect to be capable of producing approximately $14,600,000 a year in
mining proceeds." So, it will be around $14,600,000 in a year.
How much it will be in total, from ASIC types of miners and GPU servers?
Total Revenue (the sum of the ASIC and GPU mining proceeds): $28,287,500 a year, which is a 103% Return On
Investment (ROI). This is without deduction proceeds costs.
newbie
Activity: 266
Merit: 0
So how much profit from this miners you can get in a year in total?
By the way, really like your project, and hope you will be success!
From the year of Mining Profit (proceeds minus costs) it will be $25,458,750 in total form ASIC and GPU mining servers.
Woah, that's a lot indeed. And how much will be distributed from this profit, among people who participate in your project?
Hmm...so it will be 60% i believe. Yea, 60% of profit from ASIC and GPU server will be distributed. In white paper was written this
"60% Profit Sharing", so I think this is what you are asking about. And one more thing, the remaining profit will be re-invested into Growth.
newbie
Activity: 266
Merit: 0
Hi guys. How much your server (s9) will be cost?
Hello. 1 server (s9) can cost about $1,300 to purchase, plus the cost of the power
supplies to run the server of course.
newbie
Activity: 196
Merit: 0
Hi guys. How much your server (s9) will be cost?
newbie
Activity: 95
Merit: 0
You said, that you will purchase 2000 GPU miners, so how much there will be a profit from it in a year?
Hello, according white paper:  "2000 GPU miners, which we expect to be capable of producing approximately $14,600,000 a year in
mining proceeds." So, it will be around $14,600,000 in a year.
How much it will be in total, from ASIC types of miners and GPU servers?
newbie
Activity: 119
Merit: 0
So how much profit from this miners you can get in a year in total?
By the way, really like your project, and hope you will be success!
From the year of Mining Profit (proceeds minus costs) it will be $25,458,750 in total form ASIC and GPU mining servers.
Woah, that's a lot indeed. And how much will be distributed from this profit, among people who participate in your project?
newbie
Activity: 252
Merit: 0
Who is the lead engineer in your project?
Dave Miller is a Lead Engineer / Chief Engineering Officer / CEngO. He is also   a long-time supporter of decentralized technology and freedom of
information.
Can you tell me more about him? Maybe some achievements etc.
Of course, David Miller has been the owner of D. Miller & Associates, PA, a full-service Architectural and
Engineering firm, since 1996. He provides consulting services for commercial architectural design and
commercial engineering, as well as residential services. His qualified staff includes engineers with over
100 years of combined experience.
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