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Topic: 🔴📣🔥[ANN][IEO] 🇨🇦MintMine: World's first Hydro Powered Bitcoin Mining IEO 📌 (Read 1201 times)

copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
I think 6.7 megawatts is not enough for a miner who wants to work on a global level. expand consumption

At Mintmine we take gradual approach and mitigate risks to build sustainable and long term mining operation.We started with own S9 miners and had proof of concept. The 6.7 megawatts is the physical limit of the facility and will be completed once mid-cap of 15m is reached. However if hardcap is reached we will be able to find second facility in Canada and set up the necessary infrastructure.
full member
Activity: 560
Merit: 100
Change Your Worlds Build a New Era!
I think 6.7 megawatts is not enough for a miner who wants to work on a global level. expand consumption

copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Good afternoon everyone,

We have returned from our trip to Canada where we had exceptionally productive meetings with energy supplier and mining facility managers.
A letter of intent has been signed to purchase, upgrade and maintain the facility after the crowdsale. You can find the copy here.
You can also have a glimpse at our video from the facility.

Quote
So OP: do you have a connection with this company? Why is their head office in Canada yet yours is in England?

We would like to be clear about the Mintmine relationship with Bitcoinminerhosting.com and Vadim Kirichenko.
Vadim is not the shareholder of Mintmine LLC, and will not obtain Mintmine Tokens.
His role is in the team is Mining Developer. His company Bitcoinminerhosting.com provides industrial scale miners hosting and management.
Our current miners are managed by him. After the crowdsale he will arrange all the necessary work to install and maintain S17 miners.
We have chosen to work with him, because he has over 7 years of experience in mining and has built industrial scale data centres from the ground. He successfully hosted over 20,000 mining units.
We are certain that he has the necessary skill set and expertise to successfully carry out Mintmine operation.

Regarding the duplicate image, mentioned power block photo has been taken from bitcoinminerhosting facility located in Huntington.
Same place where our S9 miners are hosted.
After the crowdsale Mintmine will purchase Huntington facility, we already have signed the letter of intent.

Also here are additional images from the facility:



Raised funds during the IEO will be used to purchase the electricity for 1 year upfront with 2 more years as reserve.
That way token holder will manage to get payouts even through the bear markets.
Rest of the funds will be used to upgrade facility up to 6.7 megawatts, purchase S17 miners (unless a better hardware becomes available) and purchase the facility itself to reduce the maintenance costs.
You can find more details regarding fund distribution and allocation plan in our whitepaper.

IEO dates will be announced soon! Don't miss out and subscribe for updates > https://mintmine.io
Join our community in Telegram > https://t.me/MintMine
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
FAKE MINING EQUIPMENT:

I had found this as well and was going to ask them about what their connection with bitcoinminerhosting.com was.

So OP: do you have a connection with this company? Why is their head office in Canada yet yours is in England?

Hello there,
This is Omar Rahmat, co-founder of MintMine.

MintMine and Bitcoinminerhosting.com are definitely connected, Bitcoinminerhosting.com is the company that currently manages our miners at the facility in Canada and will be responsible for the upgrades.

in exactly a week Frederick and I will be travelling to Canada where we will Sign a letter of intent stating that Bitcoinminerhosting.com will be relocating and fully upgrading our current facility.
As well as record a video of our facility for all the doubts to be addressed.

Once we get the mentioned above, we will immediately post it here.

Thank you for your patience.
legendary
Activity: 3010
Merit: 8114
FAKE MINING EQUIPMENT:

I had found this as well and was going to ask them about what their connection with bitcoinminerhosting.com was.

So OP: do you have a connection with this company? Why is their head office in Canada yet yours is in England?
sr. member
Activity: 392
Merit: 892
FAKE MINING EQUIPMENT:





this other website (which is much older) also used the same image: Domain Age:2 years 5 months 2 days  



(source: https://bitcoinminerhosting.com/)
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending

Wouldn't an astute team formulate a way in keeping so much profit in-house opposed to doling it out to ... wait for it ... Investardz (BTW, I'm the one who originally coined "Investard", transforming it to a plural proper noun, hence the "z").

Here's a question: Did you model your business plan after those two sister cunts in Switzerland advancing the same ideal with the same percentage payouts using hydro-generated electricity at an even cheaper rate? Back in the day, I warned Investardz to stay away from them cunts but was told to shut up by the community, but later a many of them approached me in trying to get their moneys back after the cunts drove into the sunset on their well-endowed steeds donning smiles ear-to-ear (I'm talkin' 'bout the steeds, albeit ...).



"we is the finansial team behind teh mint mine thingy company . teh ways we ands mint mine makes money is use all our moneys to by miners and pays for water electricity upfront then wes splitz the profits with Investardz in the cryptos commune. eh, genius, eh ??"
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
No white paper (links don't work).
Uses cheeseball bump accounts.

2 hallmarks of a scam project.

Guys from this you can understand its a scam . Please dont invest in this.

More than likely to be correct.

OP, want to respond to this Scam Accusation thread about your project?

https://bitcointalksearch.org/topic/please-check-this-i-invite-icoethics-and-other-dt-members-to-check-this-5155440

We have updated our links just now, kindly visit our website: https://mintmine.io to check our resources.
Or you can do it directly via this link: https://mintmine.io/wp-content/uploads/2019/06/Whitepaper.pdf
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Hello gentlemen,
This is Omar Rahmat, co-founder of MintMine.

This is an embarrassing moment to our company. Since the launch of our thread yesterday,
we have found out there have been fake comments on our thread.

The funding pillars in crypto community is transparency and honesty, without it this industry won't prosper.
We have ordered external community management service, which had to manage our community to highest standards and use ethical ways to promote it.

Unfortunately no matter how good your intentions are, some things can get beyond your control.

We already have cancelled our contractors and actively look for new in-house community managers.
Meanwhile I will be personally answering all your concerns.

First, I would like to also reveal more details about our company.

Mintmine LTD is officially registered at UK Companies House, where you can find Frederick's information and mine.
https://beta.companieshouse.gov.uk/company/11774386
You can visit us for a cup of tea and discuss the project in person.
Our office is located at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
Also once the IEO starts, we will hold facility open days where Token holders see the facility for themselves.

We have detailed financials available, which you can receive by emailing [email protected]

Facility which we plan to expand is managed now by Vadim.
Currently he is managing 20,000 miners at different locations, and has overviewed the setup of 40 megawatt facility.
In contrast, our facility will be up to 6.7 megawatts.

In the near future we will release recordings of the facility, where Vadim will guide you through it.
For now you we have uploaded photos of the facility, which you can find on the website.

We already have started energy upgrade planning processes which will ensure the maximum output of the crowdfunded farm.

All facility Bitcoin addresses will be public and verifiable, from which 70% will be distributed to all token holders.

In the upcoming weeks we will post more details about the progress and IEO details.
legendary
Activity: 3010
Merit: 8114
No white paper (links don't work).
Uses cheeseball bump accounts.

2 hallmarks of a scam project.

Guys from this you can understand its a scam . Please dont invest in this.

More than likely to be correct.

OP, want to respond to this Scam Accusation thread about your project?

https://bitcointalksearch.org/topic/please-check-this-i-invite-icoethics-and-other-dt-members-to-check-this-5155440
full member
Activity: 457
Merit: 103
What is the security of the facility?


This is your project , right? the project owner doesnot know the answer of this? hopefully he forgot to signin to other newbie account to bump the thread .


Guys from this you can understand its a scam . Please dont invest in this.
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
It’s a good time again for mining farms and already launched mining project. I’ve seen a lot of them. And here is one again. If this is you ANN thread, I’ll like to know how much experience does your team have in mining? Do you have a mining facility and what progress have you made with the project?

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.
As for progress:
In 2018 August, Mintmine team had rented the facility and installed 1080 S9
miners in order to validate the operation.
Revenue from miners: $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.
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
All unsold tokens will be burned with our smart contract.
hero member
Activity: 2926
Merit: 567
All the comments here are coming from newbies or a brandnew account you have one report here we believe you are using a bump service for your project and we believe this is a dubious project not good for a project to use a fake reviews
https://bitcointalksearch.org/topic/please-check-this-i-invite-icoethics-and-other-dt-members-to-check-this-5155440
newbie
Activity: 3
Merit: 0
What will happen to the unsold tokens?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
You will receive payouts through Ethereum smart contract, instructions will be presented after the crowdsale.
newbie
Activity: 6
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Yes! We have allocated 10% of tokens for buybacks. All bought tokens will be burned. That way we reduce the pool of tokens and increase the output per each token.
newbie
Activity: 4
Merit: 0
Will there be a buy back program for the value of our token?
newbie
Activity: 4
Merit: 0
Will you mine other coins? are you planning to?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Every MTMN Token purchased entitles its holders of 70% in MintMine’s net output. Net output means the total value of Bitcoin mined.
These profits will keep being distributed as long as there are bitcoins to mine around the world,
so not only you will benefit from the rise in Cryptocurrencies prices but you will also secure a monthly revenue on the side.
Hence it is more profitable than holding Bitcoins.
newbie
Activity: 3
Merit: 0
How is this possibly better than holding Bitcoins at the moment?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Yes, our MVP is the Antminer S9 miners
In 2018 August, Mintmine team had rented the facility and installed 1080 S9
miners in order to validate the operation.

Revenue from miners: $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.
newbie
Activity: 3
Merit: 0
newbie
Activity: 4
Merit: 0
Whitepaper looks pretty decent you guys
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
With a Bitcoin halving just around the corner, the value of Bitcoins is set to spike once again, which is great for those looking for a quick win.
However, as the value rises and its popularity continues to grow, the best, most sustainable mines will continue to follow suit.
And, that means early investors in the most sustainable mines are set to enjoy large dividends paid regularly throughout the mine’s life.
newbie
Activity: 5
Merit: 0
Why is it a good time to start mining?
newbie
Activity: 2
Merit: 0
Well you gotta give the credit to the website..
full member
Activity: 457
Merit: 103
What is the security of the facility?


This is your project , right? the project owner doesnot know the answer of this? hopefully he forgot to signin to other newbie account to bump the thread .
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
The facility itself will be monitored 24/7 and will follow stringent security practices and standard operating procedures (S.O.P.)
to maximise security of the facility and its equipment, health and safety, fire safety and all protocols for natural disasters.
newbie
Activity: 3
Merit: 0
What is the security of the facility?
newbie
Activity: 2
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
We are optimistic and will do our best to mine profitably.
However since our electricity is bought upfront, even if mining becomes unprofitable we will keep it running.
Mined BTC will be sold when market recovers.
We have 3 years of electricity reserve allocated for that.
full member
Activity: 826
Merit: 102
It’s a good time again for mining farms and already launched mining project. I’ve seen a lot of them. And here is one again. If this is you ANN thread, I’ll like to know how much experience does your team have in mining? Do you have a mining facility and what progress have you made with the project?
newbie
Activity: 3
Merit: 0
What will you do when Bitcoin price drops?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Kindly check our whitepaper https://mintmine.io/whitepaper , in the "Tokenomics" section you will be able to see
the projection in value in three different Bitcoin scenarios (Conservative, Moderate and Optimistic)
newbie
Activity: 6
Merit: 0
What is your projected token value?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
MintMine offers a generous reward scheme, where 70% of the total mined gross
Bitcoins volume will be distributed monthly and divided among all token holders by means of a smart contract in Ether.
newbie
Activity: 4
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Upon commencement of mining operations, 70 percent of monthly net output (total output) will be converted to Ether (ETH)
and automatically distributed to MTMN Token Holders via Ethereum-based “smart contracts”.
MTMN Token Holders are free to do with these distributions as they wish.
newbie
Activity: 2
Merit: 0
copper member
Activity: 33
Merit: 0
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
Activity: 3
Merit: 0
so having facility built especially for mining in mind, I would consider this for sure
newbie
Activity: 3
Merit: 0
Seems good, I like that.

And please elaborate on experience
newbie
Activity: 4
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
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.
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
MintMine was established in UK in 2019.

copper member
Activity: 65
Merit: 0
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
Activity: 5
Merit: 0
How old is MintMine company and where did originate from?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
newbie
Activity: 2
Merit: 0
paying electricity upfront is a great idea btw
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
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.
newbie
Activity: 3
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
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.
newbie
Activity: 2
Merit: 0
Why are you buying electricity upfront?
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
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.
newbie
Activity: 4
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Kindly feel free to ask whatever questions comes to mind.
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
newbie
Activity: 4
Merit: 0
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
Feel free to ask any questions in mind.

Sincerely yours, MintMine team.
copper member
Activity: 33
Merit: 0
Building a sustainable mining operation
MintMine IEO - Transparent Hydro Powered Bitcoin Mining Done Right


 
                                                                                                                                                                                                                                                                                              
  • Cheap clean energy paid a year upfront
  • A team of world class mining experts
  • Transparent company and investment structure







High Lifetime Payouts


The mining setup is maintained and optimized to perfection by a reliable team of experienced mining gurus
with the most cost-effective gear - the Antminer S17 (53-56 TH/s).
With a team like that you can rest easy knowing you will keep
receiving high quarterly payouts for years to come.





The ROI you can't deny


It is hard to deny that most Bitcoin farms fail because they just can't pay the bill when markets become unstable.
But there's an easy fix to mitigate that risk, pay the bill upfront!
We've chosen to do just that with the cheapest, most reliable source of clean energy
nature.






The Pinacle of Hydro-powered Goodness

Undeniably the thorn in bitcoin mining's foot is electricity.
It's an aspect of mining that can not be taken lightly for when it is - entire operations can fail.




So what is MintMine's solution?

Mainly - we get the best price for clean electricity in the world from Canada -
the world's second largest hydro-power producer. Electricity will be priced just at $0,033/kWh.
We do it by paying 1 year upfront - it's that simple.

Buying electricity upfront means that we will keep on even when others cannot.




Learn more about MintMine's solutions here






Come visit us, have a chat and see yourself!

We are located in Quebec, Canada the state of the art mining facility is right near the biggest power plant in North America.
It's a 10,000 sq. ft facility constructed in May 2018 using brand new equipment of the highest quality.
With up to 6.7 Megawatts of clean zero-CO2 power at our disposal there will be no limit to scalability.







*SALES ARE SHORT AND END IN A FLASH*
VISIT OUR WEBSITE AND STAY UPDATED






Official Whitepaper https://mintmine.io/whitepaper



STAY IN TOUCH

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Read and follow Medium: https://medium.com/@MintMine



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