uralcryptocoin
Sr. Member
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Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
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October 16, 2017, 04:20:04 PM |
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Hydrominer is a very rational project for the environment. We need such nature-friendly projects. The new world will either save itself or destroy it. The most basic thing is to provide environmentally friendly production.
It's enough ambiguous. It's depends on how the Hydro Power Plant has built. Does it dam a river in full or not. So this is the question to Hydrominer devteam.
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BTC Bitcoin: A Peer-to-Peer Electronic Cash System BTC A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Chrmel612
Full Member
Offline
Activity: 406
Merit: 102
Republia - New Blockchain Technology
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October 16, 2017, 05:22:03 PM |
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All these changes make me laugh!
BEFORE: 1 H2O token = 1 watt for 20 years or a total energy of 0.001kW*24h*365d*20a= 175 kWh
NOW: 1 H2O token = 5 kWh, ICO: 1 H2O token costs 0.01 ETH. At the moment this is about 3.40 USD. You are selling 5 kWh for 3.40 USD (0,68 USD/kWh)?
Seriously?
The two you are referring are two different approach on distributing profits for the token holders. The BEFORE is at a disadvantage for token holders. Because the only use of the coin is to wait for the profit dividends from mining. The second one will help decrease the total H20 Circulating and Trading in the market/exchange. And as a token holder, you have the choice to: Spend it to Hydrominer to mine and to trade(the usual average crypto buy-low-sell-high guy). The kWh you are talking about in the new token specification, actually includes hash mining power and other operational expenses. This is what i understand base on the new Whitepaper. Either one of the two, you still get a profit not in H20 coins, but in the coin of your choice. Be it Ethereum or Bitcoin. Before it was a long-term investment in their mining company with dividends and now it is nothing more than a tradeable 2 years limited mining plan with pump and dump option. Hash mining power was included in both. At the beginning this project was quite interesting to me but now I advice to stay away. There is already available profitability calculator available online. Only the Difficulty change overtime can dictate the price of H20 after the ICO. By that, you can have the option to stay away or to avail the contract.
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eneloop
Legendary
Offline
Activity: 1513
Merit: 1040
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October 16, 2017, 05:46:11 PM |
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All these changes make me laugh!
BEFORE: 1 H2O token = 1 watt for 20 years or a total energy of 0.001kW*24h*365d*20a= 175 kWh
NOW: 1 H2O token = 5 kWh, ICO: 1 H2O token costs 0.01 ETH. At the moment this is about 3.40 USD. You are selling 5 kWh for 3.40 USD (0,68 USD/kWh)?
Seriously?
The two you are referring are two different approach on distributing profits for the token holders. The BEFORE is at a disadvantage for token holders. Because the only use of the coin is to wait for the profit dividends from mining. The second one will help decrease the total H20 Circulating and Trading in the market/exchange. And as a token holder, you have the choice to: Spend it to Hydrominer to mine and to trade(the usual average crypto buy-low-sell-high guy). The kWh you are talking about in the new token specification, actually includes hash mining power and other operational expenses. This is what i understand base on the new Whitepaper. Either one of the two, you still get a profit not in H20 coins, but in the coin of your choice. Be it Ethereum or Bitcoin. Before it was a long-term investment in their mining company with dividends and now it is nothing more than a tradeable 2 years limited mining plan with pump and dump option. Hash mining power was included in both. At the beginning this project was quite interesting to me but now I advice to stay away. There is already available profitability calculator available online. Only the Difficulty change overtime can dictate the price of H20 after the ICO. By that, you can have the option to stay away or to avail the contract. I'm with cimpex because his calculations look plausible. Any change in difficulty (good/bad) would have affected both models. There is only one thing that counts for mining operations: Price of power or included energy per token. Hydrominer offered 175 kWh, now they cut it to 5 kWh per token. 0.68 $c/kWh is way to high, better to invest in a coin of your favour.
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andresmarulanda
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October 16, 2017, 11:34:51 PM |
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What will happen with tokens that are not sold?
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N8Biz
Member
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Activity: 115
Merit: 10
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October 17, 2017, 01:34:43 AM |
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What will happen with tokens that are not sold?
The unsold H20 tokens will be sold in ongoing sales from the website, as capacity is available.
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salvibd
Member
Offline
Activity: 70
Merit: 10
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October 17, 2017, 08:03:08 AM |
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I love their concept after reading their pages.
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Thebestis7950
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October 17, 2017, 08:07:16 AM |
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you guys are only investing in this project because of the 2 pretty girls with no crypto experience are making you sad lonely guys without a GF excited there is no value proposition in this project your just gonna make these guys rich and give them the mining hardware for free after 2 years
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AQ16LcTPQcYXH9BhQTQfVDe7JtYNwdDaXj
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sabbathhawk
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October 17, 2017, 08:23:38 AM |
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you guys are only investing in this project because of the 2 pretty girls with no crypto experience are making you sad lonely guys without a GF excited there is no value proposition in this project your just gonna make these guys rich and give them the mining hardware for free after 2 years
Hello Thank you for request 1. Please do not make conclusions without checking for info. Here you can check video with their current location https://www.youtube.com/watch?v=Nc9cxWnp30o. The team already works and have good experience in mining. Please check their blog for more info here https://www.hydrominer.org/news/2. At the moment HydroMiner offers best hashrate for usd. 100 MH/s - 1,314.61$ (Genesis - 2799$) 3. Your comment is sexist, you should be ashamed for that
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rindo
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October 17, 2017, 09:40:01 AM |
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Very interesting project concept. From now on the Token H2O will represent a voucher that will define the minnig time that, the token owner, can use from March 2018. In a user point of view that means, that each token will give a certain minnig period costs on the energy of the miners installation. And the owners of the tokens will get paid on the platform HydroMiner. That´s an unique method....
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uralcryptocoin
Sr. Member
Offline
Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
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October 17, 2017, 10:27:08 AM |
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you guys are only investing in this project because of the 2 pretty girls with no crypto experience are making you sad lonely guys without a GF excited there is no value proposition in this project your just gonna make these guys rich and give them the mining hardware for free after 2 years
They created own Hydro power plant. I think they have enough experience. I don't agree with "Green" of the project. But it's only my own opinion
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BTC Bitcoin: A Peer-to-Peer Electronic Cash System BTC A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
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S3cco
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October 17, 2017, 10:58:34 AM |
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Bitcoin Garden: HydroMiner Token Sale Updates Summary https://bitcoingarden.org/hydrominer-token-sale-updates-summary/After an extremely successful pre-ICO on September 25, during which the H2O tokens were literally swiped out in 36 minutes, Hydrominer had to make some important improvements to its token model. They had to postpone the date of the main HydroMiner ICO to October 18...
From now on the H2O token will be representing a sort of voucher defining the mining time that you will be able to use starting from March 2018. This change was mainly implied by the compliance with the Austrian law that they have liability towards as they are located in the Republic of Austria. From the user’s perspective this will mean that each token will grant them a period of mining time, or in other words, the energy specific consumption of the mining facilities limited to a certain time...
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sabbathhawk
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October 17, 2017, 11:25:13 AM |
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Important update from the team before the start of the token sale on 18th of October: Whitelisting is now open! All you need is your email address and your Ethereum wallet address. Please go here to and click Whitelist Now: https://www.hydrominer.org/token-sale/You need to be whitelisted if you want to participate in the ICO, as it required for legal reasons. Non-whitelisted contributors will not be able to participate. IMPORTANT: You can whitelist your ether wallet address as of now. DO NOT send funds before October 18th, 10.00 UTC. Some things to keep in mind: - We are required to whitelist for legal reasons. - If you find any issues or if have any problems, please contact us here. How to check if you are whitelisted: - Open the smart contract on Etherscan: https://etherscan.io/address/hydrominer.eth#readContract (Make sure you are on the "Read smart contract" tab) - Enter the Ethereum wallet address you want to verify in 12. > registered. Hit query. - If you get "true", you are whitelisted.
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Mr.Freeman
Full Member
Offline
Activity: 462
Merit: 114
“The Future of Security Tokens”
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October 17, 2017, 12:07:41 PM |
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Very accessible and creative written White Paper. The theme of mining at the hydro power station is easily perceived
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maioran
Member
Offline
Activity: 76
Merit: 10
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October 17, 2017, 03:06:47 PM |
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you guys are only investing in this project because of the 2 pretty girls with no crypto experience are making you sad lonely guys without a GF excited there is no value proposition in this project your just gonna make these guys rich and give them the mining hardware for free after 2 years
thank you! finally somebody wakes up. give them all your money!!! hype the fakes;)
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ICO 40% OFF Δ Δ A-TOKEN Index Δ Δ ICO Oct.10 - Dec.15 Oct.10 - Dec.15[/b
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johan36
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October 17, 2017, 03:55:56 PM |
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Very nice project , smart concept. I Hope can generate funds in accordance with the target to be achieved , Good luck . Joined social media bounty campaign.
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ximo
Newbie
Offline
Activity: 36
Merit: 0
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October 17, 2017, 04:21:54 PM |
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Maybe I invest a little of what I'm willing to lose.
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kosarkas
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October 17, 2017, 09:28:26 PM |
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I don't know who paid you, but please don't share fud. If anyone has any doubt, join us on Telegram and you can discuss everything with team members. We don't ban people for no reason. This guy was banned for spreading false information and fud.
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---------------------- AmaZix ------------------------------------------------------------
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