Topic: old - page 27. (Read 21803 times)

So what's the general verdict? Invest - yes/no? 

Best news of the morning:)

Today we will order Antminer S9




and the same time we are  preparing Ice Rock Mining cave for them

How I wrote the cave is not a suitable place for a farm and the source of cheap electricity is still top secret.

I see some new ICO contributions on the website. You already raised 100 000 USD. Not bad but imagine how many GPUs and miners you could buy with 2 million USD. I think some big investors are waiting for the right moment, maybe they expect bitcoin to raise to 6000 USD and that's when they are going to invest.

Actually I was thinking about visiting the cave too, but it would be quite expansive to fly from Europe to Kazahstan and I would need to buy visa as well.
Can't wait to see the whole tunnel filled with mining farms. The security is a very good idea, you have thought about everything.

Thank you very much!

Nice... keep up the good job and keep pushing forward.

 

So Ice Rock Mining Team has a Great NEWS❗️
Tomorrow the work in Cave is starting🛠
We are going to make more Light inside 💡💡💡💡💡💡💡💡💡💡💡 and we are preparing the place for the first ASICS, Antminers, and Rigs.⚙️
Main tunnel and Second tunnel almost ready for setting Miners ✅
And we are going to order Armed Security 🔫 🔫 🔫  😎 (equipment is not cheap)


Here is the photo of our first Farm (ETH mining) 700 RX470 are still  working there 🔥





It was one of our first farms 😂  and was extremely HOT inside 🔥🔥🔥🔥🔥     Now we feel better in Cave with 12 Celsius ❄️







And we have Investors who are willing to visit our cave❗️ They are from Germany 🇩🇪 ❗️

https://www.cryptocoinsnews.com/cryptocurrency-mining-heads-underground-into-the-ice-rock/  

About us  


Mining, in the real sense of the word, has always been a below-ground activity. Now, cryptocurrency mining is also heading that way as Ice Rock Mining are looking to set up their super crypto mine in an abandoned Soviet bunker.

Utilizing the benefits of being based underground in a Soviet bunker in Kazakhstan, the mining company will be looking to make mining as cheap as possible, and in turn, they will be allowing people to invest in their super mine, or be a part of the operation.

The benefits of heading underground

Ice Rock Mining believe they have managed to turn some of the bigger expenses in mining into negligible factors, which of course means higher margins which they are looking to share with investors and other miners.


They have procured the bunker based in Kazakhstan, meaning that there is no cost in rent, they are also not spending anything on cooling the mining rigs as the underground area has its own ecosystem that remains around 12 degrees all year round.

Additionally, Ice Rock Mining have very cheap electricity thanks to being located near to a hydroelectric power station; they claim it costs them just $0.03 per/kWh of power, one of the biggest expenses in mining.

Super Mine

Ice Rock aims to have over 4,600 ASIC rigs in the 1,200 square meters of subterranean tunnels in order to mine a selection of different digital currencies – such as Bitcoin, Ethereum, Dash, and Litecoin.

The idea is that Ice Rock will open an ICO which will allow users to get involved as either minors, or as investors directly into the ICO, with their ROCK tokens.

Miners will be able to purchases customisable mining packages in order to benefit from the aforementioned benefits that come from setting up a mine in such conditions. The idea being that through a cloud mining-style operation mining investors will be able to play a part in mining what they want, and as much as they want, at costs that afford good margins.

Alternatively, there are opportunities for investors to join by simply buying into the ROCK token and hold onto them until the buyback period starts.

Smart contract Mining

Ice Rock believes it can supercharge cloud mining through utilizing a mining setup that hands over supposedly some of the biggest margins with its low costs, but also with the use of the Ethereum Smart contract and the ERC-20 token.

Users either become direct investors in the mining operation by purchasing their ROCK tokens, or they fund their own mining operation with the same said tokens. This in turn sees dividends and growth paid out along the Ethereum Blockchain as a ROCK token.

I think so too, Sir. No problem, we have 4-5 weeks.

Might consider a week or two extension of the ICO for a week or two because people are keeping BTC right now until after the BTC-Gold fork. This may be preventing contributions from coming in...

Info about payments will be updated in 3 hours

Sir, the price of electricity in Siberia is more expensive than in Kazakhstan. But the temperature is lower ))  So it makes a sense.
Maybe it is our next stages.

Thank you, Sir! Right decision.

I invested 0.1 BTC today. Not that much but it is my piece in the mosaic. Since the bitcoin is growing right now and I'm thinking of investing more tomorrow because I will get even more ROCK tokens because they are calculated with USD price so I will get more tokens for 1 bitcoin

For us, your support is very important. Not only material but also purely human. Every day we solve hundreds of tasks in order to make our project flourish and enter the history of the crypto industry !!!

Thank you very much, Sir!

Mining Gets Real in Underground Soviet Bunker

Thanks to some of the cheapest electricity around, the fact that their mining farm stays naturally cold, and that it is based in a former Soviet military bunker, Ice Rock Mining think they have cracked the perfect space to mine.

However, the company is looking to be more than a self-contained super mine, they are offering investment opportunities, as the Soviet Bunkered farm launches an ICO.

A meeting of old and new technology
The Soviet bunker, in Almaty, Kazakhstan, built during the cold war of 1949-1991, was a safeguard in case of potential nuclear war. However, with that threat buried in history, Ice Rock Mining is looking to utilize the historic space for new-age technologies.

Seeing as the cave sits at a constant temperature of around 12 degrees celsius, and maintains its own ecosystem, Ice Rock believe that it is the perfect space to build a cryptocurrency mining farm.

They claim there is space for over 4,600 ASIC rigs in the 1,200 square metres of subterranean tunnels, and because they are supplied by a nearby hydroelectric power source, their price per kilowatt is low. Ice Rock claim they are only paying three cents per/KWH.

Overall, the choice of location for the farm means lower costs for mining, which Ice Rock says they can convert into bigger earning margins for their investors.

Turnkey mining services
Through its ICO Ice Rock is trying to offer options to purchase mining capacity to people through standard and tailored packages. This project is aiming to offer ‘turn-key’ mining services through their cloud mining service.

It is because their mining set up is so low that Ice Rock believes clients can benefit with the cloud mining industry. However, there is also an option for investors to simply buy into the ROCK token and hold onto them until the buyback period starts.

Ice Rock Mining is looking to provide a niche in the mining market, as the industry is difficult for many keen individual miners to break into. Home mining, especially of Bitcoin, is expensive and difficult, and setting up an individual farm is a full time, large investment.

Smart Rock
Ice Rock aim to use the power of Ethereum’s smart contract on the ERC-20 token in order to effect an investment option for its users, as, with their investment through the ICO, the user is essentially buying into a mining operation.

Dividends and growth can be paid out along the Ethereum Blockchain as a ROCK token, with the mining farm churning out supposedly some of the lowest cost returns on a mining investment.

Using the ROCK token, Ice Rock allows users to buy certain packages, and the packages can allow users a part of the mining operation which has the benefit of no rent, no cost of cooling, and apparently cheap electricity.

Supercharging cloud mining
What Ice Rock is accomplishing is seemingly taking the costs of mining, and mitigating them through the use of an ideal underground space. Electricity, cooling, even rent is negated in their farm, and by allowing the investor to be a part of that, the margins naturally have to be bigger.

By turning the mining farm into an ICO, there’s the added crypto-investment of cashing in on Blockchain tokenization. Investors can buy into ROCK tokens and use them like any other, selling when they see fit, or they have a secondary option to grow their capital by getting involved in different mining packages with Ice Rock.


By CoinTelegraph ✅

i hope ice rock mining ICO can generate funds in accordance with the target to be achieved

Sir, we will update soon. People are investing

have u updated on your website how many u sold so far? looks like nothing to me now during the ico. would be nice to get it updated if some have bought.

thanks