I can gladly say it's not a scam. For now at least. I got in the ICO so maybe my point of view is not very objective but there are a couple of things that i want to underline.
1- Powerplants are real and basically they consist in various mini hydraulic plant, mostly of private property, spread out on the Alps.
2- They lease a certain amount of power, with an option to buy, which otherwise would be sold to the local distribution grid at ridicoulous prices not very convenient for the producers.
3- It's water. Clean. No need to burn coal and gas and other shit.
4- About the token: you basically buy kwh and not H/s for mining. And this is the thing that attracted me. We all know about the difficulty adjustments hence the decreasing ROI over time.
5- Once you buy kwh, tokens are burned. Sustainable business model.
Topic: Hydrominer is making a smart mining farm in Alps (Read 558 times)
a. ICO's are altcoin-based and have NOTHING to do directly with Bitcoin.... This is the BTC area where you posted. Bet the Mods move it.
b. Belongs either in Altcoin Speculation or Announcements
c. Most ICO's turn out to be scams or pump-n-dump Ponzi's
Why wont give him a chance?Its just a proposal though but I do somehow agree on the thing that most ICO as of these days turns out to be a scam and already being used now to make easy money.Back into the topic mining with the use of hydro generated electricity would really turn out to be profitable and the only expense on here would really just on the initial part.Building up the entire set-up but yet would depend on the location and the potential capacity of the water source for it to generate the sufficient energy that you do seek on mining operation.It would really be costly. b. Belongs either in Altcoin Speculation or Announcements
c. Most ICO's turn out to be scams or pump-n-dump Ponzi's
Read our report about Hydromining here: https://cointldr.com/hydrominer-report-25-10-2017
a. ICO's are altcoin-based and have NOTHING to do directly with Bitcoin.... This is the BTC area where you posted. Bet the Mods move it.
b. Belongs either in Altcoin Speculation or Announcements
c. Most ICO's turn out to be scams or pump-n-dump Ponzi's
b. Belongs either in Altcoin Speculation or Announcements
c. Most ICO's turn out to be scams or pump-n-dump Ponzi's
One of the best ways to increase profits is by finding ways to buy energy at a lower cost - HydroMiner found a very attractive solution: it uses electricity created by hydro power plants. Thus, paying with even 85% less for electricity.
https://steemit.com/blockchain/@danizaharie/how-is-digital-money-created
What is your opinion about this ICO?
https://steemit.com/blockchain/@danizaharie/how-is-digital-money-created
What is your opinion about this ICO?
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