Would you invest in Mining Company IEO? - page 6.

TanakabZX

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Quote from: prasad87 on July 30, 2019, 09:43:24 AM

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?

Another one ive heard about is pieta network that actually introduce a new algorithm called x20 which they claimed to be cool on GPUs and very profitable as well but i havent tried out any mining projects with IEO before,you can proceed if you find any prove that what the project is all about makes sense

Javi_Anibarro

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tBTC - https://dapp.tbtc.network/

Mining is not profitable anymore, and what is the point of investing in that kind of industry for now? unless the price surges up for at least %200. It is totally waste to invest all of our money into it. Let's see Genesis Mining for example. They have been here for years, and look at their investors.
almost all of their small investors were getting burned because of their contract giving them literally 0 value daily because of the fees and difficulty.

knuckey

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there are many ICO or IEO projects about mining here, but to this day I have never heard of them again, whether the project is dead or not developing. but certainly I will not be interested in that and you can check the history of mining projects here.

ryzaadit

legendary

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I know a few projects who focus into a mining company at bitcointalk.

Most of them always got the problem with the regulation And so much problem with this kind of project. Honestly, I will avoid a mining token project or similar like mining project.

Bitbtc8

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Quote from: prasad87 on July 30, 2019, 09:43:24 AM

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?

Most mining projects ive seen are short term based projects that eventually die later on and i dont trust them at all,im a crypto miner myself and i have mining rigs so i know its not that profitable to mine coins nowadays,if a project claim to be a mining project its really not a easy task

EdenDice

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Personally, I won't invest in mining based IEO. Because after a certain time, most of the mining coins fail badly. Though this year we got some good mining coin like Veil, SERO but I am not interested to invest in this one.

passwordnow

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Quote from: SolarWindMiningCompany on July 31, 2019, 05:35:59 PM

Maybe alot of people will participate for the quick profits if you have good Tokenomics, dividend plans and strong partners. Asides that, no one really gives into mining platforms anymore as anyone can now easily set up a small mining rig to suit its cost plan

It's not about the setting up but it's the bad experience that most of the investors had with these mining companies. They have been scattered and known as scams for the past years and that's why it's better to stay away from them.
There would be investors that will stick to them but that is one possible reason why many are starting to lose their trust to mining companies that will conduct IEOs.

Duzter

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From my learning mining is really a complicated process, here we cannot assure of growth as everything is connected to the growth of bitcoin as well the location where the firm is being established. IEO has become a part of cryptocurrency similar to ICO and we get to see services launched through IEO. Now the focus has got into mining, and the profiting is truly a difficult thing to get.

coin-investor

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Quote from: prasad87 on July 30, 2019, 09:43:24 AM

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?

I don't know how it becomes profitable, they would have to show us their expertise, I have seen some ICO planning to do mining but only to banish after getting funded, who are the people behind the project, how long they have been mining, and their machine and their location, unless people seen that they are transparent you cannot get believers because of their past experience.

ajaymukund

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Quote from: prasad87 on July 30, 2019, 09:43:24 AM

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?

I think we should not invest in mining companies. Because in my country there have been many companies promoting mining projects and attracting many investors. After they earn enough money, they book air tickets and settle in another country.
For such companies, they are very easy to scam. If you have money, I think you should invest in QTUM's Proof of Stake, ETH, ... it will be safer.

SolarWindMiningCompany

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Maybe alot of people will participate for the quick profits if you have good Tokenomics, dividend plans and strong partners. Asides that, no one really gives into mining platforms anymore as anyone can now easily set up a small mining rig to suit its cost plan

EdenDice

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Personally, I won't invest in mining based IEO. Because after a certain time, most of the mining coins fail badly. Though this year we got some good mining coin like Veil, SERO but I am not interested to invest in this one.

akram143

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Quote from: prasad87 on July 30, 2019, 09:43:24 AM

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?

I really don't have the experience on the investment in this type of way but it seems like good also because the profit percentage is increased in this situation so that I definitely like to invest in this for getting good profits only

rhodelmabanal

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Right now no plans for it, because that was sad experience last year dealing with mining project like ICO. And this time knowing that there's another steps for an IEO, don't know yet how to trust any mining ideas or whatsover kind of related to mining. I was having bad days that time, so it needed time to think of a better decision.

sana54210

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I do not think there is much spectacular thing about it, it just like you still talking about mining naturally in ICO where we have some coins that are mineable and it depend on the technology of such coin to know if they will be mineable. IEO is just a concept, but to mine coins that comes from it still depends on the technology of the IEO coin which it will be stated if the coin is mineable or not.

I have never really mined any IEO coin before, and in fact I gave up on mining long time ago when it stopped becoming not profitable, especially during the bear market. I know that most projects that has been launched through Binance has been successful, but that is for the launch, I am not sure that many of them is being sustained after the launched pad to know if their mining will be profitable or not.

poodle63

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I have read that article and nothing different, that's a completely crap ico consider about that's only using the money to invest in the mining rig and that's a simple theory and this one looks very similar with envion scam project.
This is totally crap and it much better for anyone to invest their money directly to build their own mining rig rather than put the money in this crap project.
The creator doesn't even understand the condition of the mining these days.

Botnake

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Quote from: prasad87 on July 30, 2019, 09:43:24 AM

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?

I've never been in IEO mining and I never been trying to invest in mining especially for newly created coins as to know that it was not really profitable than of simply buying those know coins. And mining work isn't promising today, I don't know how it looks for you as profitable.

pakdemaco11

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NeedforTurbo https://needforturbo.com/

the importance of IEO / ICO with the mining concept failed. My advice is not to invest your money with the IEO / ICO mining concept. as well as doing the IEO investment in binance only.

tihonov82

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I saw a lot of projects on the topic of mining, and even wanted to participate in one. But I read how these projects developed after the fees and realized that most of these projects simply did not survive or they were scammers at all. And decided for themselves that such projects do not need to log in

passwordnow

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There have been the same niche before on ICOs so I can't see the difference of it from being launched through an IEO.
The difference would be that it's just an IEO and there will be an exchange that's going to list it after its sale.

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