The thread was started in July 2019 and though the user last logged in during August 2019 he never made another post since starting this in July 2019
Time for me to unwatch this thread
Topic: Would you invest in Mining Company IEO? - page 2. (Read 1082 times)
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Has anyone else done a mining IEO before? How did tokens perform?
I dont think you understand mining if you just think it's extremely profitable. You can lose a ton of money mining as prices of bitcoin goes up. If bitcoin goes up 10% but mining difficulty has gone up 50% (in this case we will pretend you have the same amount of gear and its performing the same throughout), you will be on the losing side. You would be making more money as price of bitcoin increases by just buying bitcoin and holding it. Mining profits are more volatile than bitcoin itself. Now on top of that you would have to trust this company to be fair and honest about their earnings....what I'm getting at is you will be way better off just buying bitcoin gradually
Would I be correct in saying the market is saturated and there is just too much competition out there?
People are using remote rigs to mine per hourly rates after all so maybe this is not the best business to invest in.
People are using remote rigs to mine per hourly rates after all so maybe this is not the best business to invest in.
To the best of my knowledge mining is not as profitable as it used to be before. The price of the mining equipments has really gone high not to talk of the electricity bill which is another expenses worthy of note. By the time you calculate all this expenses from the profit generated you will discover that mining is not that profitable. But concerning this new project if they can come with new concept in terms of the equipment they use and how to cut down electricity expenses using alternative form of energy so as to gain more profit then i might consider investing in it
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Has anyone else done a mining IEO before? How did tokens perform?
At first glance I thought you were referring to mining as in digging for minerals and other commodities.
In short, no I would not invest in mining of any sort. All the power and statistics are consolidated in the hands of a few people behind the project and it is extremely untrustworthy to get in to unless there is 100% transparency. Which mining projects are there out there and how many had ICOs/IEOs/STOs ?
I love investing in Mining companies because Mining is one of the promising projects and many have been successful, right now I am investing in BatMine.
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
at a glance I don't see this project going to be successful, they must hold a campaign and more details so that later members in this forum can give an assessment to this project. Has anyone else done a mining IEO before? How did tokens perform?
I will stay away from cloud mining also with IEO who promise mining.
Mining is not profitable in this year, price really drop, that is hard to maintenance income with outcome.
At 2013-2016 i still profit from cloud mining, but more than that year i think only small profit from mining process or maybe mining ponzi scheme appear again..
Mining is not profitable in this year, price really drop, that is hard to maintenance income with outcome.
At 2013-2016 i still profit from cloud mining, but more than that year i think only small profit from mining process or maybe mining ponzi scheme appear again..
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Has anyone else done a mining IEO before? How did tokens perform?
mining businesses not available in the market now many people holding the asic miners and graphic cards are not being used nowadays. I have invested around 5k USD in mining businesses and I lost the complete funds from it.
What did you do to lose all that money? Did you buy mining equipment, if you did you can sell it now, or you were a complete fool and you invested so much money in some cloud mining? If you did the second thing, then I don't feel for you, I can bet you learned your lesson. I learned a lesson from investing in cloud mining, but not even close to that amount you lost, mine was 50 dollars, believe it or not, that was 0.3 BTC in that time.
Dont need for more Mining company would offer the same even they would switch up to IEO method because it will surely still fail up.I wont put up a single cent for this one.
There were lots of upcoming IEO which would be worthy to join and risk up some few dollars than on this one.Follow anytime on their launchpad when it comes to IEOs
https://launchpad.binance.com/
Have my own rig way back on year 2016 - 2018 and I'm very happy at first since the profit is quitely good and can abpe to sustain my need but for this year it's more difficult and my rig is totally useless that's why I manage to sell it off on much cheaper price and for this it has a connection with existing cloud minings since for sure they are not profitable also and they survive to run since they are doing the ponzi scheme system which is totally bad.
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Has anyone else done a mining IEO before? How did tokens perform?
mining businesses not available in the market now many people holding the asic miners and graphic cards are not being used nowadays. I have invested around 5k USD in mining businesses and I lost the complete funds from it.
What did you do to lose all that money? Did you buy mining equipment, if you did you can sell it now, or you were a complete fool and you invested so much money in some cloud mining? If you did the second thing, then I don't feel for you, I can bet you learned your lesson. I learned a lesson from investing in cloud mining, but not even close to that amount you lost, mine was 50 dollars, believe it or not, that was 0.3 BTC in that time.
Dont need for more Mining company would offer the same even they would switch up to IEO method because it will surely still fail up.I wont put up a single cent for this one.
There were lots of upcoming IEO which would be worthy to join and risk up some few dollars than on this one.Follow anytime on their launchpad when it comes to IEOs
https://launchpad.binance.com/
I have never tried an investment in IEO mining. Whether to produce a good profit or not?
Maybe if it gives profit and their project is long I'm interested.
Maybe if it gives profit and their project is long I'm interested.
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Has anyone else done a mining IEO before? How did tokens perform?
mining businesses not available in the market now many people holding the asic miners and graphic cards are not being used nowadays. I have invested around 5k USD in mining businesses and I lost the complete funds from it.
What did you do to lose all that money? Did you buy mining equipment, if you did you can sell it now, or you were a complete fool and you invested so much money in some cloud mining? If you did the second thing, then I don't feel for you, I can bet you learned your lesson. I learned a lesson from investing in cloud mining, but not even close to that amount you lost, mine was 50 dollars, believe it or not, that was 0.3 BTC in that time.
Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Has anyone else done a mining IEO before? How did tokens perform?
mining businesses not available in the market now many people holding the asic miners and graphic cards are not being used nowadays. I have invested around 5k USD in mining businesses and I lost the complete funds from it.
i'd invest in something like that if it was a government level program.. not something people i dont know run
There is no way that there would be a government based mining coin ICO. Mining is becoming more and more profitable and I am looking for projects that are launching some kind of a mining product. Definitely sounds interesting to me.
Quote
I already got a nice reward from them a few years ago and it still running until now. But I don't know how good they are now because I don't invest with them again, and I receive the rewards only.
I call bullshit on this.
What service were you with? If it generated a profit, then it would have likely been a ponzi scheme first of all and you may have simply been one of the lucky few first investors that had your investment returned to set up the latter stages of the exit scam.
And even assuming all the best, including the fact that you really generated a profit and the cloud mining company was actually mining, it would have probably came in the very short term where BTC or the altcoin you were mining was rallying hard. But in that case, investing in such tokens would still not be worth it since you would have definitely made more from simply buying the coin that rallied itself.
i never trusting in investing my money to online mining service, i'm preferable to manage my money by myself, even i got loss i'll take all the responsibility from my money and i can learn from the mistakes and investing money to other services like mining, lending or other service
Right now, I don't invest my money in cloud mining, but I have a good experience with them. I already got a nice reward from them a few years ago and it still running until now. But I don't know how good they are now because I don't invest with them again, and I receive the rewards only. You don't have to invest your money in the cloud mining service if you think that it will not give you profit.
You need to be very careful when investing. Are you really investing in mining or a bloated interest? There is a possibility of fraud. To understand this, it makes sense to do research on the forum. Watch out if they promise huge imaginary profits.
I would never invest money into anything that I cannot see its business model. I invest in casinos and online gambling, crowdfund bankrolls or tokens that pay dividends, like CSNO, but never online mining because we cannot see it, and no mining company that offered investment has ever been able or willing to share transparently!
There are a lot of projects that are scams, and cloud mining is one of the leaders of this fraud. These companies offer to invest in mining at clearly inflated interest, without possessing physical mining capabilities. Having existed for a month or two, they completely disappear with the money of those investors. Real cloud mining does not bring a fabulous income. I would stay away from these projects and never invest in an ICO connected with them.
Investing in mining is not a very profitable business. But it makes more sense to invest in mining equipment than invest in IEO. Of course the main issue is to make money, you need to calculate it well. I stopped mining a long time ago.
i'd invest in something like that if it was a government level program.. not something people i dont know run
There is no way that there would be a government based mining coin ICO. Mining is becoming more and more profitable and I am looking for projects that are launching some kind of a mining product. Definitely sounds interesting to me.
You can now try to ask some miners about that and there was a lot of miners have sold their rig to buy the coin directly from the market.
This kind of ico is a scam ico and look at envion or terawatt. They have ended with exit scam
i'd invest in something like that if it was a government level program.. not something people i dont know run
There is no way that there would be a government based mining coin ICO. Mining is becoming more and more profitable and I am looking for projects that are launching some kind of a mining product. Definitely sounds interesting to me.
Jump to: