[ANN] HydroMining | Green Mining, environmentally friendly and profitable

[thehun]

Does the project aim at the right mining? What coins will be mined? Will the infrastructure be built after ICO?

Mining will be switched between coins when necessary in order to maximise profitability. Currently, they are mining ETH and SIA among others.

Part of the infrastructure is already running, and the rest will be deployed after the ICO.

[Andrey106]

another fraud on the money pump! director ddf does not answer us for 3 months but advises the sale of this shit !! people be careful !!!

This is completely off-topic in this thread, so I will just tell you that the DDF Telegram group is active and the managers are responding to questions on a regular basis. Therefore I would advise you to check in there.

I downloaded the telegram, I was there from 1 day, I declare to you that you are wrong, they answered only before the exchange! the second moment! I reasonably write that fraud! I do not like and would gladly sell ddf but I am 80% down! !!

What is this DDF that you speak of?

ddf it's a coin! which was on ico! this is a fund! We were told fairy tales, but as soon as we went to the stock exchange !! she fell and the team stopped contacting !we ask you to give us information where our money went, but the team went into ignore! the price fell by 80%! devidents are sure to pay the most minimal! ate in general will pay! Tobias the director !! does not answer us even though it helps the given project)) a very busy person

The DDF Team, whos member I am is still active in the Telegram channel, answers all emails sent to us, and as you can see also looks on forums from time to time. We send out information on a regular base as planned. DDF is active and in existence since 2010. If you have a question for the management please send us an email.

I personally sent you 2 letters! For example !Already tried this . Emailed about two three weeks ago but no response yet!!see telegram!

[chocobo21]

Andreas from BTCBusinessConsult just uploaded the video of his visit to the HydroMiner site:

https://www.youtube.com/watch?v=Nc9cxWnp30o&feature=youtu.be

Enjoy!   

Off topic:
Nadine is hot

On topic:
Nice to see faces behind the project. That farm looks impressive

[OpenBitLab]

HydroMiner featured on EthereumWisdom!

https://blog.ethereumwisdom.com/2017/09/20/hydrominer-first-green-friendly-mining/

[kosarkas]

The latest blog posts:
https://steemit.com/cryptocurrency/@bambang/hydrominer-new-technology-development-system-mining
https://steemit.com/mining/@supermeatboy/hydrominer-or-h20-token-or-review-of-tokenized-cloudmining

[fastlane777]

Hey I wish you best of luck with your ICO and work.

Can you please explain how the hardware is cleaned from dust and how often? 
As far as I know dust is a big problem for farms, and as seen in that video, you don't clean the air from dust before the air reaches your hardware.

[Saint-loup]

Andreas from BTCBusinessConsult just uploaded the video of his visit to the HydroMiner site:

https://www.youtube.com/watch?v=Nc9cxWnp30o&feature=youtu.be

Enjoy!   

Very good video, thank you for that.
The team looks nice.

[Saint-loup]

So one more time, I hope the team will explain us how they could rent power stations without having a registered company.
And I hope they will post some of their contracts.

Basically you can rent such a place as an individual as well, in the case of hydrominer it is currently rented with a company of one of our investors from Vienna, Austria.
As explained, the company plans to incorporate, however this process will be started once there is an indication of the level of funds that will be raised.
In fact the team has been in touch with lawyers in Austria (actually also the same team that consulted Heroes) and Switzerland. To establish a company that will allow fundraising to a certain extent.

However and it must be made clear, there is currently no company or group of people that could possibly claim a to have or to conduct an ICO in an existing legal framework. Mainly because there is no such framework anywhere in the world and furthermore because unless the ICO is completely local and all permissions in this particular place are in place. The typical ICO that aims at an international audience would therefore need to have legal documents from authorities of each country where the coins are sold including KYC and AML compliance for each investor, which in the case of cryptowallets is basically impossible.

ICO´s are a great way for startups to raise money in a completely unregulated und unchartered territory, its absolutely clear to everyone that this comes with high risks, for the management of ICO´s as well as the investors and this is what this forum is about, to answer crucial questions, make everybody aware of unclear aspects of ICO´s etc.

So the good thing here is that conducting an ICO is a risk and therefore the one who does it must be very cautious with the funds they receive, which is in fact good news to investors.

What does not work is in my humble opinion to try to bring these 2 worlds together, the totally overregulated world of finance where providing and raising funds has become a privilege of few state regulated entities that can afford the increasing governance and regulatory hurdles and the worlds of ICO´s that is based on trust and a network of individuals that reach out to the team, the advisors and actually visit the business by their own to make their own judgement.

If one wants to invest in the old world of finance, well 99.9999% of all financial products in the world are regulated and there is plenty out there.
If one wants to regain the freedom to make your own investment decisions, then ICO´s are a miniscule market where this can work.

Thanks for your answer and thank you for the video.
You are very pretty.

[abc073]

I asked this question directly via email, but never received any reply, so let me try again:
What is the hydro energy price compared to the other energy sources?
There are many mining ICOs currently open and I was wondering how important would it be for the profitability of this kind of project.

Your reply will be appreciated. Thanks!

[thehun]

I asked this question directly via email, but never received any reply, so let me try again:
What is the hydro energy price compared to the other energy sources?
There are many mining ICOs currently open and I was wondering how important would it be for the profitability of this kind of project.

Your reply will be appreciated. Thanks!

Hello acb073,

Hydro energy in Austria is about the cheapest you can get without state subsidies.

Here is the list of average electricity prices in Austria (for private users) in cents/KWh:
https://stromliste.at/strompreis

Wien   19.59
Niederösterreich   19.73
Oberösterreich   22.70
Burgenland   19.23
Steiermark   21.44
Kärnten   22.90
Salzburg   18.40
Tirol*   18.57
Vorarlberg   18.00

HydroMiner is currently paying 4.25-4.5 c/KWh

For a study about wholesale enegry prices, please refer to pages 10-12 of the white paper ("Energy Market")

Quoting Nadine Damblon:

In Austria and Germany, there are different incentive programs for eco-friendly power. In Austria, there are grants for building hydro power stations and there is an incentivized guaranteed energy price of around 10cent/kW for 10 years. After the 10 years expire, power companies pay a wholesale price of 2.5-3 cent/kw, and there are a whole set of stipulations, like overpayment for underperformance. This is why it is more interesting for hydro power stations that are over 10 years old to lease to us.

[thehun]

Hey I wish you best of luck with your ICO and work.

Can you please explain how the hardware is cleaned from dust and how often? 
As far as I know dust is a big problem for farms, and as seen in that video, you don't clean the air from dust before the air reaches your hardware.

Hello fastlane777,

Since the location is next to the river there is no problem with dust there. It is only necessary to remove spider webs from time to time.

In the containers there are airfilters so the hardware is protected.

[abc073]

I asked this question directly via email, but never received any reply, so let me try again:
What is the hydro energy price compared to the other energy sources?
There are many mining ICOs currently open and I was wondering how important would it be for the profitability of this kind of project.

Your reply will be appreciated. Thanks!

Hello acb073,

Hydro energy in Austria is about the cheapest you can get without state subsidies.

Here is the list of average electricity prices in Austria (for private users) in cents/KWh:
https://stromliste.at/strompreis

Wien   19.59
Niederösterreich   19.73
Oberösterreich   22.70
Burgenland   19.23
Steiermark   21.44
Kärnten   22.90
Salzburg   18.40
Tirol*   18.57
Vorarlberg   18.00

HydroMiner is currently paying 4.25-4.5 c/KWh

For a study about wholesale enegry prices, please refer to pages 10-12 of the white paper ("Energy Market")

Quoting Nadine Damblon:

In Austria and Germany, there are different incentive programs for eco-friendly power. In Austria, there are grants for building hydro power stations and there is an incentivized guaranteed energy price of around 10cent/kW for 10 years. After the 10 years expire, power companies pay a wholesale price of 2.5-3 cent/kw, and there are a whole set of stipulations, like overpayment for underperformance. This is why it is more interesting for hydro power stations that are over 10 years old to lease to us.

Thank you for your reply.
It means that even after the subsidies your energy price is double the price some other mining farms are paying.
How about the cost of cooling the facilities and the rigs? Have you calculated the cost of that?
Do you pay for leasing the grounds where your containers are placed? How significant is that?

Your reply will be appreciated.

[ohlili]

Looking out for more information about this on the blogs!

[thehun]

Thank you for your reply.
It means that even after the subsidies your energy price is double the price some other mining farms are paying.
How about the cost of cooling the facilities and the rigs? Have you calculated the cost of that?
Do you pay for leasing the grounds where your containers are placed? How significant is that?

Your reply will be appreciated.

1- These prices are NOT subsidised
2- I would like to know what mining farms pay half of this price, anywhere outside China of course (where anything related to crypto is becoming dangerous)
3- All the expenses you mention are discounted (as well as the 10% for the team and the 10% for token buyback) before arriving to the annual 80% ROI

[abc073]

What is your plan after ETH blockchain switches to PoS? Do you have any other candidates for the most profitable mining, which are going to stay with PoW for a long time?

[thehun]

What is your plan after ETH blockchain switches to PoS? Do you have any other candidates for the most profitable mining, which are going to stay with PoW for a long time?

Yes currently the rigs are mining ETH, SIA and other coins and whenever there are more profitable coins to mine they will be reallocated. There are also a couple of ASICs (mining DASH) and some more will be purchased for diversification after the token sale.

Please check this article: https://www.hydrominer.org/what-does-hydrominer-mine/

[btcminer49er]

What is your plan after ETH blockchain switches to PoS? Do you have any other candidates for the most profitable mining, which are going to stay with PoW for a long time?

Yes currently the rigs are mining ETH, SIA and other coins and whenever there are more profitable coins to mine they will be reallocated. There are also a couple of ASICs (mining DASH) and some more will be purchased for diversification after the token sale.

Please check this article: https://www.hydrominer.org/what-does-hydrominer-mine/

What about mining Monero?

[ekurtovic]

What is your plan after ETH blockchain switches to PoS? Do you have any other candidates for the most profitable mining, which are going to stay with PoW for a long time?

Yes currently the rigs are mining ETH, SIA and other coins and whenever there are more profitable coins to mine they will be reallocated. There are also a couple of ASICs (mining DASH) and some more will be purchased for diversification after the token sale.

Please check this article: https://www.hydrominer.org/what-does-hydrominer-mine/

What about mining Monero?

I think the Monero belong in 20% of others group... Everything depends how they setup miners and what is good on market

[Chrmel612]

I asked this question directly via email, but never received any reply, so let me try again:
What is the hydro energy price compared to the other energy sources?
There are many mining ICOs currently open and I was wondering how important would it be for the profitability of this kind of project.

Your reply will be appreciated. Thanks!

Hello acb073,

Hydro energy in Austria is about the cheapest you can get without state subsidies.

Here is the list of average electricity prices in Austria (for private users) in cents/KWh:
https://stromliste.at/strompreis

Wien   19.59
Niederösterreich   19.73
Oberösterreich   22.70
Burgenland   19.23
Steiermark   21.44
Kärnten   22.90
Salzburg   18.40
Tirol*   18.57
Vorarlberg   18.00

HydroMiner is currently paying 4.25-4.5 c/KWh

For a study about wholesale enegry prices, please refer to pages 10-12 of the white paper ("Energy Market")

Quoting Nadine Damblon:

In Austria and Germany, there are different incentive programs for eco-friendly power. In Austria, there are grants for building hydro power stations and there is an incentivized guaranteed energy price of around 10cent/kW for 10 years. After the 10 years expire, power companies pay a wholesale price of 2.5-3 cent/kw, and there are a whole set of stipulations, like overpayment for underperformance. This is why it is more interesting for hydro power stations that are over 10 years old to lease to us.

I hope i live in Austria too. Our electricity cost here is extremely high and monopolize for years after the government sold it to private sector. I saw the video uploaded regarding your site and it was truly fascinating. I would love to invest into this project as it will not just benefit the company but also me as a investor.

[condemor]

What happens to unsold tokens?

They will be locked and reserved for future token sales.

What will happen then with the dividends?If the amount of tokens increase, wont the profit for each one decrease?