[ANN][ICO/IPO][PRE-SALE]FOLEUMio - GREEN Mining for the masses, Simplified - page 28.

filimonov33

newbie

Activity: 266

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Quote from: zencat on July 23, 2018, 05:37:00 AM

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.

filimonov33

newbie

Activity: 266

Merit: 0

Quote from: m1rko on July 23, 2018, 05:31:59 AM

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.

zencat

newbie

Activity: 119

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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!

m1rko

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?

Iryni888

newbie

Activity: 112

Merit: 0

Quote from: yuracryptoman on July 20, 2018, 10:28:08 AM

Quote from: Iryni888 on July 20, 2018, 09:14:52 AM

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.

yuracryptoman

newbie

Activity: 252

Merit: 0

Quote from: Iryni888 on July 20, 2018, 09:14:52 AM

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.

yuracryptoman

newbie

Activity: 252

Merit: 0

Quote from: m1rko on July 20, 2018, 09:27:05 AM

Did Foleum project has a youtube channel? I would gladly take a look at it.

Here is a link: https://www.youtube.com/channel/UC7voFLWX7IyMeKEI_wptopA

yuracryptoman

newbie

Activity: 252

Merit: 0

Quote from: alexkbs on July 20, 2018, 09:12:49 AM

Hi again. How much percents FOL crystal holders will get?

Hi. Fol crystal holder can get up to 60% of profit.

m1rko

newbie

Activity: 95

Merit: 0

Did Foleum project has a youtube channel? I would gladly take a look at it.

Iryni888

newbie

Activity: 112

Merit: 0

Who is the lead engineer in your project?

alexkbs

newbie

Activity: 74

Merit: 0

Hi again. How much percents FOL crystal holders will get?

filimonov33

newbie

Activity: 266

Merit: 0

Quote from: subrisk57 on July 20, 2018, 08:09:37 AM

Hi, green energy its pretty attractive opportunity, for what exactly you plan to use it??

As team said "The currency is also part of FOLEUM's project to create GREEN power that will run mining data centres for the FOL token holders. Using the green energy will ensure that the mining operation is profitable than the traditionally-powered operations."

filimonov33

newbie

Activity: 266

Merit: 0

Quote from: bartolomeo111 on July 20, 2018, 08:12:00 AM

Quote from: filimonov33 on July 20, 2018, 07:45:04 AM

Quote from: bartolomeo111 on July 20, 2018, 07:32:14 AM

So green energy huh, pretty intersting... but energy is it the really that type of problem what that you need to
create a whole project around it? Is that really worth it?

The amount of energy being consumed is incredible huge it staggering at 31.25 TWh because blockchain fastest growing sectors in the IT industry and it consuming a really lot.
So, as you can see the profitability of a blockchain mining business model is highly dependent on the costs and availability of its energy supply.

Hmm... that's sounds a lot and how much it in dollars?

It's something around $1.6 billion in energy costs attributable just to Bitcoin mining alone!

filimonov33

newbie

Activity: 266

Merit: 0

Quote from: uyga78 on July 20, 2018, 08:20:56 AM

Quote from: filimonov33 on July 20, 2018, 07:37:44 AM

Quote from: uyga78 on July 20, 2018, 07:26:38 AM

As i see, everyone talking only about bitcoin, is that only cryptocurrency or something? I thought there is a lot of them...

Actually, bitcoin is not the only cryptocurrency; there are actually hundreds of them attempting to decentralize real world
problems using the new technology known as the blockchain.

Oh, i knew it! Can you please give me examples for me some of them? I would be thankful.

Of course, there is a lot of different cryptocurrency for example Ethereum, Litecoin, Zcash, Zencash, Nexus, Bitcoin Gold, and more and it is possible that ultimately these
altcoins could be more profitable to mine than Bitcoin.

filimonov33

newbie

Activity: 266

Merit: 0

Quote from: Redryk on July 20, 2018, 08:06:31 AM

Greetings Foleum team. Do you plan to build-up portfolio of tokens?

Greetings! According white paper: The profit earned from the hardware performing speculation mining and profit-sharing proceeds of the Project
Mining reserve fund will be used to build a diverse portfolio of Proof-Of-Work and Proof-Of-Stake tokens.

uyga78

newbie

Activity: 94

Merit: 0

Quote from: filimonov33 on July 20, 2018, 07:37:44 AM

Quote from: uyga78 on July 20, 2018, 07:26:38 AM

As i see, everyone talking only about bitcoin, is that only cryptocurrency or something? I thought there is a lot of them...

Actually, bitcoin is not the only cryptocurrency; there are actually hundreds of them attempting to decentralize real world
problems using the new technology known as the blockchain.

Oh, i knew it! Can you please give me examples for me some of them? I would be thankful.

bartolomeo111

newbie

Activity: 93

Merit: 0

Quote from: filimonov33 on July 20, 2018, 07:45:04 AM

Quote from: bartolomeo111 on July 20, 2018, 07:32:14 AM

So green energy huh, pretty intersting... but energy is it the really that type of problem what that you need to
create a whole project around it? Is that really worth it?

The amount of energy being consumed is incredible huge it staggering at 31.25 TWh because blockchain fastest growing sectors in the IT industry and it consuming a really lot.
So, as you can see the profitability of a blockchain mining business model is highly dependent on the costs and availability of its energy supply.

Hmm... that's sounds a lot and how much it in dollars?

subrisk57

newbie

Activity: 108

Merit: 0

Hi, green energy its pretty attractive opportunity, for what exactly you plan to use it??

Redryk

newbie

Activity: 104

Merit: 0

Greetings Foleum team. Do you plan to build-up portfolio of tokens?

filimonov33

newbie

Activity: 266

Merit: 0

Quote from: mopsicus on July 20, 2018, 07:36:06 AM

Hello guys. I thinking about buying some of the FOL crystals. First time participate in project like this, maybe some advices, cautions?

Hello. Before purchasing FOL crystal, i'll personally recommend to you, a prospective purchaser, carefully weighs all the information and risks described in the PPM or other applicable or related. That's pretty much all advices that i can give you.

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