dias.kurmanov (OP)
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Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 07, 2018, 05:33:52 PM |
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I think it's very easy. They just have nothing to say. With current situation there is profitability at all: even without other expenses you can only cover self-cost of S9 miner for a year. For farms build before - it's still working (I hope, with extremely low expenses and power cost as shown), for any new projects - only high hopes and free money can be reason to start. 1. cost of electricity is $0.03, not $0.06 2. you forget about every month 20% of reinvestment into new miners ===> rising farms capacity 3. We don't think that BTCs price will stay around $7,000. Just look at past history of BTC rate.
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PowerLegend1
Newbie
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Activity: 19
Merit: 2
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April 08, 2018, 10:26:54 AM |
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Fabriz
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Activity: 392
Merit: 10
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April 08, 2018, 05:44:34 PM |
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I don't understand how you can pay a fix percent of interest each month. For example if you mining one month 300 bitcoin, you will send 150 bitcoin to the token owners ? Or do you will pay with another coin/token ?
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den_penta
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Activity: 336
Merit: 10
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April 08, 2018, 07:06:14 PM |
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I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year. So, we all can only speculate on this... IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how). There is no problem to do that if it will be this income
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zulfi125
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April 08, 2018, 08:36:45 PM |
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Project's ICO is going well, if you have bounty program than please send me the link of bounty, i wants to join.
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sluppy
Legendary
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Activity: 2020
Merit: 1041
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April 08, 2018, 09:30:03 PM |
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I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year. So, we all can only speculate on this... IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how). There is no problem to do that if it will be this income You are offcourse joking .. that 50% will only be calculated if there is profit after Running Costs. Since they at this time have a very generous 13500 Btc benchmark there is room for salaries power occasional hooker and some blow. If btc is at 13500 they can do that of their 30% cut they take .. however BTC is NOT 13500 so its very important we know all costs. There will have to be people managing the operation there will have to be security your talking multimillions in hardware. What Exactly will those costs be because @ 13500 they MIGHT be covered by that 30% but there will most certainly be a point where they wont be and u can be dam sure your 50% share will shrink. Or they calculate our 50% After running costs .. and then we are royaly F*cked in the a$$ at current btc rates. So how about u spout of some Real numbers .. Running costs .. details please and how low can btc go before u need to shutdown completely .. and how could u do that with millions in hardware that still needs security ?
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The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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dias.kurmanov (OP)
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Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 04:17:55 AM |
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That is what our CEO was talking about
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dias.kurmanov (OP)
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Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 04:19:37 AM |
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I don't understand how you can pay a fix percent of interest each month. For example if you mining one month 300 bitcoin, you will send 150 bitcoin to the token owners ? Or do you will pay with another coin/token ?
Correct. if we mine 500 BTC in a month we will send 250 BTC to our investors. 50% share
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dias.kurmanov (OP)
Full Member
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Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 04:23:30 AM |
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I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year. So, we all can only speculate on this... IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how). There is no problem to do that if it will be this income You are offcourse joking .. that 50% will only be calculated if there is profit after Running Costs. Since they at this time have a very generous 13500 Btc benchmark there is room for salaries power occasional hooker and some blow. If btc is at 13500 they can do that of their 30% cut they take .. however BTC is NOT 13500 so its very important we know all costs. There will have to be people managing the operation there will have to be security your talking multimillions in hardware. What Exactly will those costs be because @ 13500 they MIGHT be covered by that 30% but there will most certainly be a point where they wont be and u can be dam sure your 50% share will shrink. Or they calculate our 50% After running costs .. and then we are royaly F*cked in the a$$ at current btc rates. So how about u spout of some Real numbers .. Running costs .. details please and how low can btc go before u need to shutdown completely .. and how could u do that with millions in hardware that still needs security ? All the stuff that was mentioned above is sitting at the cost of 20%. Whatever we mine we will share 50% of all mined. 20% reinvest and 10% to the team.
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sluppy
Legendary
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Activity: 2020
Merit: 1041
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April 09, 2018, 06:51:39 AM |
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I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year. So, we all can only speculate on this... IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how). There is no problem to do that if it will be this income You are offcourse joking .. that 50% will only be calculated if there is profit after Running Costs. Since they at this time have a very generous 13500 Btc benchmark there is room for salaries power occasional hooker and some blow. If btc is at 13500 they can do that of their 30% cut they take .. however BTC is NOT 13500 so its very important we know all costs. There will have to be people managing the operation there will have to be security your talking multimillions in hardware. What Exactly will those costs be because @ 13500 they MIGHT be covered by that 30% but there will most certainly be a point where they wont be and u can be dam sure your 50% share will shrink. Or they calculate our 50% After running costs .. and then we are royaly F*cked in the a$$ at current btc rates. So how about u spout of some Real numbers .. Running costs .. details please and how low can btc go before u need to shutdown completely .. and how could u do that with millions in hardware that still needs security ? All the stuff that was mentioned above is sitting at the cost of 20%. Whatever we mine we will share 50% of all mined. 20% reinvest and 10% to the team. How can that be when the 20% is not a FIXED number .. @ 13500 that might be 5000 a day @ now it might be half that so what your saying doesn't make sense to me. At some BTC price the running cost will Exceed that 20% what is that number ?
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The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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azvn
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Activity: 294
Merit: 10
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April 09, 2018, 07:23:12 AM |
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why u banned me on telegram, did invest in ICO and now got ban from ICO for nothing my tele id: @ht0128
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den_penta
Member
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Activity: 336
Merit: 10
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April 09, 2018, 07:24:52 AM |
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No profit = no salary
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Fabriz
Member
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Activity: 392
Merit: 10
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April 09, 2018, 09:13:17 AM |
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Is possible understand how will be paid interested ? You send interests in bitcoin ?
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dias.kurmanov (OP)
Full Member
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Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 10:00:52 AM |
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Is possible understand how will be paid interested ? You send interests in bitcoin ?
we convert mined BTC in ETH then send is via smart contract
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dias.kurmanov (OP)
Full Member
Offline
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 10:01:40 AM |
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why u banned me on telegram, did invest in ICO and now got ban from ICO for nothing my tele id: @ht0128 You were banned for FUD in the channel.
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dias.kurmanov (OP)
Full Member
Offline
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 10:06:42 AM |
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I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year. So, we all can only speculate on this... IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how). There is no problem to do that if it will be this income You are offcourse joking .. that 50% will only be calculated if there is profit after Running Costs. Since they at this time have a very generous 13500 Btc benchmark there is room for salaries power occasional hooker and some blow. If btc is at 13500 they can do that of their 30% cut they take .. however BTC is NOT 13500 so its very important we know all costs. There will have to be people managing the operation there will have to be security your talking multimillions in hardware. What Exactly will those costs be because @ 13500 they MIGHT be covered by that 30% but there will most certainly be a point where they wont be and u can be dam sure your 50% share will shrink. Or they calculate our 50% After running costs .. and then we are royaly F*cked in the a$$ at current btc rates. So how about u spout of some Real numbers .. Running costs .. details please and how low can btc go before u need to shutdown completely .. and how could u do that with millions in hardware that still needs security ? All the stuff that was mentioned above is sitting at the cost of 20%. Whatever we mine we will share 50% of all mined. 20% reinvest and 10% to the team. How can that be when the 20% is not a FIXED number .. @ 13500 that might be 5000 a day @ now it might be half that so what your saying doesn't make sense to me. At some BTC price the running cost will Exceed that 20% what is that number ? The percentage is fixed. For ex. we mined 100 BTC with 1000 ASICs (numbers are just for example), 50% of it = 50 BTC will go to payout to backers. 20% = 20 BTC to pay the bills (electricity, security, fire protection, salaries to employees, internet, broken parts etc etc etc) 20% = 20BTC will go buy more miners ======> new miners with old miners will raise money after setting them up in the cave. and 10% = 10 BTC to the team. If it does not make sense for you just don't invest. We do not push anybody to invest. It is your choice.
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dias.kurmanov (OP)
Full Member
Offline
Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 10:07:42 AM |
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I think no one knows exactly what happens with crypto not only in KZ but and in any other country even at the end of current year. So, we all can only speculate on this... IRM advertise fixed 50% of income to be paid in ETH (after conversion, don't know where and how). There is no problem to do that if it will be this income You are offcourse joking .. that 50% will only be calculated if there is profit after Running Costs. Since they at this time have a very generous 13500 Btc benchmark there is room for salaries power occasional hooker and some blow. If btc is at 13500 they can do that of their 30% cut they take .. however BTC is NOT 13500 so its very important we know all costs. There will have to be people managing the operation there will have to be security your talking multimillions in hardware. What Exactly will those costs be because @ 13500 they MIGHT be covered by that 30% but there will most certainly be a point where they wont be and u can be dam sure your 50% share will shrink. Or they calculate our 50% After running costs .. and then we are royaly F*cked in the a$$ at current btc rates. So how about u spout of some Real numbers .. Running costs .. details please and how low can btc go before u need to shutdown completely .. and how could u do that with millions in hardware that still needs security ? All the stuff that was mentioned above is sitting at the cost of 20%. Whatever we mine we will share 50% of all mined. 20% reinvest and 10% to the team. How can that be when the 20% is not a FIXED number .. @ 13500 that might be 5000 a day @ now it might be half that so what your saying doesn't make sense to me. At some BTC price the running cost will Exceed that 20% what is that number ? The percentage is fixed. For ex. we mined 100 BTC with 1000 ASICs (numbers are just for example), 50% of it = 50 BTC will go to payout to backers. 20% = 20 BTC to pay the bills (electricity, security, fire protection, salaries to employees, internet, broken parts etc etc etc) 20% = 20BTC will go buy more miners ======> new miners with old miners will raise money after setting them up in the cave. and 10% = 10 BTC to the team. If it does not make sense for you just don't invest. We do not push anybody to invest. It is your choice. So whatever mined will be separated in such way. It is our business shared mining model.
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azvn
Member
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Activity: 294
Merit: 10
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April 09, 2018, 10:18:21 AM |
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why u banned me on telegram, did invest in ICO and now got ban from ICO for nothing my tele id: @ht0128 You were banned for FUD in the channel. what FUD i did so now i invested for nothing
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MishaSER
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Activity: 1050
Merit: 103
BIB Exchange
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April 09, 2018, 10:41:54 AM |
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In my opinion this is a brilliant solution, just look not to melt the ice and then arrange a flood Of course I will participate) I want to see the result.
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dias.kurmanov (OP)
Full Member
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Activity: 588
Merit: 102
"Ice Rock Mining - Lifetime Profit"
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April 09, 2018, 11:27:49 AM |
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why u banned me on telegram, did invest in ICO and now got ban from ICO for nothing my tele id: @ht0128 You were banned for FUD in the channel. what FUD i did so now i invested for nothing Let me make an investigation
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