renewable energy crypto-mining, don't THOSE projects always go well?
im being sarcastic, they fail basically 100% of the time...lol
Yep, we've seen so many of those "environment friendly renewable energy" crypto projects, and AFAIK all of them failed (someone correct me if I am wrong). And quite a few proved to be a classic ponzi-like scams. So no wonder that people are suspicious every time similar project appears.
TBH I can understand the non-disclosure of mining location operations due to security reasons. I remember there was a problem with some crypto farm getting robbed like one or 2 years ago in Poland. From what I remember GX is registered and located in Greece (Athens?) so it's not Seychelles, Marshall Islands or virtual office in Singapore. Greece = EU, EU = follow the rules or deal with big problems (don't tell me about it, I'm from EU, too).
If they don't want to disclose location, at least they can show the mining farm from inside, show us in some video how all those things works. On their website they said that they already have some mining farms, so showing some proof of that shouldn't be an issue.
From what I remember GX is registered and located in Greece (Athens?) so it's not Seychelles, Marshall Islands or virtual office in Singapore. Greece = EU, EU = follow the rules or deal with big problems (don't tell me about it, I'm from EU, too).
Unfortunately, that doesn't mean much really, as there were failed mining projects registered in other EU countries like Germany for example, and that didn't make them any more legit. To put it simply, due all those failed and dodgy similar projects in the past, GX Blocks will have to be totally transparent about everything, in order to succeed.
