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Topic: 🔴📣🔥[ANN][IEO] 🇨🇦MintMine: World's first Hydro Powered Bitcoin Mining IEO 📌 - page 3. (Read 1178 times)

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Building a sustainable mining operation
Do you have mining experience?


Vadim Kirichenko our mining expert currently manages over 20,000 ASIC miners day-to-day,
of which 6,500 he hosts and manages on behalf of large private clients.
He has personally been involved in the ground up development of over 40 Megawatts of crypto mining facilities in Canada.   
newbie
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so having facility built especially for mining in mind, I would consider this for sure
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Seems good, I like that.

And please elaborate on experience
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What is purpose of token sale? Appears a very strong, established business already. Hydro use is smart. Is the funds gathered from IEO going to expand operation or buy more equipment?
Thank you for that.

In 2018 August, Mintmine team has rented the facility and installed 1080 S9 miners in order to validate the operation. These miners are fully operational and bring approximately $160,000 CAD per month. Operational costs range between $80,000 - $90,000 CAD per month. This setup has helped to identify operation particularities, prepare the infrastructure and create an executable plan for scalability.

MintMine aims to set up a sustainable mining operation that’s simple, accessible and brings value to the community.
It’s about creating an easy, financially responsible and sustainable route to invest in the future of cryptocurrency.
This will only be achieved via a crowdfunded facility and industrial-size operation to disrupt the cumbersome process of cryptocurrency mining by delivering to contributors low energy costs along with high-level security measures and transparency to protect their investments.

So shortly Mintmine will be both expanding its facility and upgrading its MVP to s17 which proves to be the best in the market in terms of effeciency and ROI.

By our estimates, if the hardcap is reached our facility will be able to mine up to 200 BTC per month.
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MintMine was established in UK in 2019.

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What is purpose of token sale? Appears a very strong, established business already. Hydro use is smart. Is the funds gathered from IEO going to expand operation or buy more equipment?
newbie
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How old is MintMine company and where did originate from?
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paying electricity upfront is a great idea btw
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Industrial electricity rates in Canada are the lowest in North America: 0.033 USD kW/h.
100% Green Energy with (Hydro-Quebec).
These are the rates MintMine will have access to at its location, where the MintMine mining centre will be located.
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With electricity bought upfront, we guarantee 24/7 uptime, regardless of bitcoin price or monthly bills.
Having that in mind you may rest assured that we will not impose monthly hidden fees.
All the monthly costs will also be shared across our community in details.
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Why are you buying electricity upfront?
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To put it simply Gross Revenue is the total amount of income prior to any deduction.
MintMine has decided to implement a gross revenue share structure for profit distribution,
As this structure is transparent, straightforward and the token holders are not
left with uncertainty regarding hidden costs.
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Kindly feel free to ask whatever questions comes to mind.
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