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Topic: [ANN][ICO][PRE-SALE] ⚡ Minery - legal mining facility in Russia - page 5. (Read 760 times)

copper member
Activity: 83
Merit: 0
If the dev team do more interview session, with Q&A sessions giving the bounty team more resources to post, it will go a long way to improve PR activities.

Thank you for your vision and interest to our project.
full member
Activity: 322
Merit: 100
If the dev team do more interview session, with Q&A sessions giving the bounty team more resources to post, it will go a long way to improve PR activities.
copper member
Activity: 83
Merit: 0
Hi!
Me again. you said i can buy your equipment. But there is nothing on your site. Where can i see available equipment?

The list of equipment will be available on our web-site mnry.io soon.
newbie
Activity: 10
Merit: 0
Hi!
Me again. you said i can buy your equipment. But there is nothing on your site. Where can i see available equipment?
copper member
Activity: 83
Merit: 0
copper member
Activity: 83
Merit: 0
Hey! did you afready count profit from participating in your ICO? if yes - how much is it? 

Appriciate your interest, Shirik213! Your earnings will depend on a variety of factors:
The number and type of equipment you are using;
The price of the cryptocurrency;
Mining difficulty;
To calculate profitability, services like http://whattomine.com may be used. Currently, a service on minery.io automatically calculates the profitability of mining equipment based on the levels of difficulty and the value of currencies is being developed.
newbie
Activity: 11
Merit: 0
Hey! did you afready count profit from participating in your ICO? if yes - how much is it? 
copper member
Activity: 83
Merit: 0
what are your tokens for? do i own a share in your company or what?
MNRY token is an ERC-20 compliant Ethereum token that confers the right to place mining equipment at one of MINERY mining facilities for 30 years. One token is equivalent to one watt of power capacity of whatever equipment is placed. You can mine cryptocurrencies yourself or rent your tokens out. Token holders are not entitled to any property rights or a share in the company.

waht if after the ICO yr tokens just drop in price? Is it possible? and i will lose my money

MarkNew, thanks for your question. Let's see.
MNRY token price is determined by two primary factors. First of all it depends on how effective mining is as a business. Mining is one of the most profitable types of activity nowadays. If one bitcoin goes for $8000 on an exchange, mining one coin costs around $3400. It is only natural that when cryptocurrency prices rise, mining becomes even more profitable. The token may drop in price only if the expenses are higher than mining revenue. However, this is unlikely to happen. Second, MNRY token price depends on the price of electricity. In theory it is possible that somewhere sometime a virtually free source of energy appears, but it is unlikely to come in the next 30 years.
newbie
Activity: 7
Merit: 0
what are your tokens for? do i own a share in your company or what?
MNRY token is an ERC-20 compliant Ethereum token that confers the right to place mining equipment at one of MINERY mining facilities for 30 years. One token is equivalent to one watt of power capacity of whatever equipment is placed. You can mine cryptocurrencies yourself or rent your tokens out. Token holders are not entitled to any property rights or a share in the company.

waht if after the ICO yr tokens just drop in price? Is it possible? and i will lose my money
copper member
Activity: 83
Merit: 0
What we think about the current situation on the cryptocurrency market which makes everybody crazy lately. Check it out on ✏️ Medium! https://medium.com/@mnry.io/tranquilo-live-in-future-with-cryptocurrency-51251b5d2431
copper member
Activity: 83
Merit: 0
hey! interesting offer
let me know pls which mining alghorythms do you support?
It depends on what cryptocurrency do you want to mine, and what type of equipment do you use to mine the selected currency.
Each currency has its own mining algorithm.
You can use your own equipment or buy/install equipment that will be available on our website soon.
ok, I have equipment, I can send it and you place it in there. But how about the security in the complex and anyway will you do insurance for equipment and mining itself?
Hi!
The project stipulates both technical and organizational arrangements to ensure the security of mining facilities. To protect the facilities from unauthorised access there are more than two security perimeters. In the internal perimeter the movement of equipment into and out of the facility will be controlled. Every entrance to the facility, buildings and machine rooms will be monitored, both across the perimeter and between the isles. IP surveillance cameras will be installed, with recordings being stored in a remote storage. Rooms of the mining facilities must be equipped with automatic security alarm for broken windows (if there are any), while doors should have breach sensors connected to the security console.
About insurance:
Every MINERY mining facility will be insured. Insurance contracts are made to insure the mining facilities’ property, rented property and mining equipment belonging to clients. There is also insurance against all main catastrophic risks, third parties and employee actions. Moreover, MINERY’s responsibility to the third parties, as well as the employees in the mining facilities, is also insured.
newbie
Activity: 10
Merit: 0
hey! interesting offer
let me know pls which mining alghorythms do you support?
It depends on what cryptocurrency do you want to mine, and what type of equipment do you use to mine the selected currency.
Each currency has its own mining algorithm.
You can use your own equipment or buy/install equipment that will be available on our website soon.
ok, I have equipment, I can send it and you place it in there. But how about the security in the complex and anyway will you do insurance for equipment and mining itself?
copper member
Activity: 83
Merit: 0
Hi! Check us on Medium where we write more about who we are and what we do, and what’s more important – why we do it. We will share our own views on blockchain and cryptocurrency and our thoughts about the future of mining and crypto mining farms. So follow us and say hello 😉

https://medium.com/@mnry.io/the-largest-legal-mining-compound-launch-in-russia-c774c28072d7.
copper member
Activity: 83
Merit: 0
what are your tokens for? do i own a share in your company or what?
MNRY token is an ERC-20 compliant Ethereum token that confers the right to place mining equipment at one of MINERY mining facilities for 30 years. One token is equivalent to one watt of power capacity of whatever equipment is placed. You can mine cryptocurrencies yourself or rent your tokens out. Token holders are not entitled to any property rights or a share in the company.
newbie
Activity: 7
Merit: 0
what are your tokens for? do i own a share in your company or what?
copper member
Activity: 83
Merit: 0
hey! interesting offer
let me know pls which mining alghorythms do you support?
It depends on what cryptocurrency do you want to mine, and what type of equipment do you use to mine the selected currency.
Each currency has its own mining algorithm.
You can use your own equipment or buy/install equipment that will be available on our website soon.
newbie
Activity: 10
Merit: 0
hey! interesting offer
let me know pls which mining alghorythms do you support?
copper member
Activity: 83
Merit: 0
Sometimes such words create confusions like you said in your title legal mining facility in Russia does this mean other mining farms aren't doing legal businesses ? I have read your business model though little lengthy but mining at commercial level is hassle and worry free. Fix price for token for whole selling phase is good strategy.
You are right, sometimes such words can create some confusion, but it doesn’t mean others are not legal.
We just inform our clients that Minery is entirely regulated by Russian law as it is located in the Russian Federation; all the contracts with all the parties are transparent; our project relies on hydroelectric power stations — a renewable energy source, that is provided directly by our partner JSC "Bratsk Electric Grid Company” (http://www.bresc.ru), one of the biggest companies in the region.
We do everything to make mining for our clients hassle and worry free.
And fix price for token is one of the things used to make our clients feel comfortable.
copper member
Activity: 83
Merit: 0
For token holders who want to rent out their holdings what currencies will they be able to receive payment in?
When you decide to rent out your tokens you have two currencies to select from - Bitcoin ("BTC") and Ethereum ("ETH"). Then the system exchanges it and put into your wallet in selected currency at a current exchange rate.
legendary
Activity: 1876
Merit: 1005
Sometimes such words create confusions like you said in your title legal mining facility in Russia does this mean other mining farms aren't doing legal businesses ? I have read your business model though little lengthy but mining at commercial level is hassle and worry free. Fix price for token for whole selling phase is good strategy.
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