mopsicus
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August 02, 2018, 04:59:32 PM |
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Hello guys. I saw your discussion about mining server and wanna ask, what will be the total income?
Hello. I'm sorry, i didn't quite understand your question, what do you mean by "total income"?? Oh, the peoples in thread above was talking about ASICS and GPU miners, they said that there will be a 4500 of them in total. So, i would like to know how much income you can get from them in a year? Maybe you know? Okay, i get it. If you ask about total revenue (the sum of the ASIC and GPU mining proceeds) then it will be around $28,287,500 a year, Thanks for the answer! But is this amount is a returns an investment?? That's sounds a lot for sure, but servers are not cheap too, and i'm not sure about it. I understand your concern about this, but don't worry $28,287,500 it's 103% Return On Investment (ROI). That's good. Is that with proceeds minus costs? Or it's a "pure" profit? In mining profit with proceeds minus costs will be: $25,458,750 for a year. I see. Then, it's seems very profitable indeed! And how much from this money, will go for FOL Token Holders? It will be around 60% of Profit up to $15,275,250 a year to be distributed among the Crystal (token) holders. That's interesting, and where will the rest profit (40%) will go?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Iryni888
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August 02, 2018, 05:01:39 PM |
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Hello peoples. I really like Foleum project so far. And got a couple of questions about it: First of all, your project is famous for its saving solutions, what's about cooling systems then? for the datacenters you need powerful cooling, and they consuming a lot of energy and it will be cost a lot of money.
Hello. Foleum’s datacenter design includes state-of-the-art cooling techniques utilizing geothermal and high efficiency cooling systems estimated to be capable of providing a 50% reduction in power consumption over conventional systems. Huh, that's pretty clever i must say. What's about wind turbines do you plan to use it? Yeap, the Project is also designed to utilize wind turbine inside the data centers to recycle the energy from the internal air movement and create the potential for additional savings. I heard that Foleum plan to use heat from miner too, that's sound rather intriguing! Can you tell me more about this? Sure, In addition, the data center designs include the capacity for heat recovery, potentially allowing the data centers to use some of the heat generated from the data centers to provide heat for the Project’s manufacturing building as well as hot water for domestic use in facility bathrooms, as well as other uses. Woah, i must admit, that sounds pretty amazing I'll gladly take a part in this project.
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zencat
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Activity: 119
Merit: 0
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August 02, 2018, 05:04:44 PM |
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Guys, i've heard you has a charity staking fund, how much do you plan to allocate to it?
Hello. Yes, Foleum indeed has a charity staking fond, there will be 1% from all profit for charity staking. So, are there any certain dates when do you plan to organize these charitable events? According white paper: "At the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity" by this, we can assume that charity events will be held once a year. But how do you choose what event will be launched? Is there is some kind of voting maybe?
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filimonov33
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Activity: 266
Merit: 0
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August 02, 2018, 05:14:49 PM |
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Hello guys. I saw your discussion about mining server and wanna ask, what will be the total income?
Hello. I'm sorry, i didn't quite understand your question, what do you mean by "total income"?? Oh, the peoples in thread above was talking about ASICS and GPU miners, they said that there will be a 4500 of them in total. So, i would like to know how much income you can get from them in a year? Maybe you know? Okay, i get it. If you ask about total revenue (the sum of the ASIC and GPU mining proceeds) then it will be around $28,287,500 a year, Thanks for the answer! But is this amount is a returns an investment?? That's sounds a lot for sure, but servers are not cheap too, and i'm not sure about it. I understand your concern about this, but don't worry $28,287,500 it's 103% Return On Investment (ROI). That's good. Is that with proceeds minus costs? Or it's a "pure" profit? In mining profit with proceeds minus costs will be: $25,458,750 for a year. I see. Then, it's seems very profitable indeed! And how much from this money, will go for FOL Token Holders? It will be around 60% of Profit up to $15,275,250 a year to be distributed among the Crystal (token) holders. That's interesting, and where will the rest profit (40%) will go? Aaccording the White Paper information: "Minimum 40% Reinvested into Growth: $10,183,500 a year" so it's, probably, mean, that they will go for Project growth.
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filimonov33
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Activity: 266
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August 02, 2018, 05:15:20 PM |
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Hello peoples. I really like Foleum project so far. And got a couple of questions about it: First of all, your project is famous for its saving solutions, what's about cooling systems then? for the datacenters you need powerful cooling, and they consuming a lot of energy and it will be cost a lot of money.
Hello. Foleum’s datacenter design includes state-of-the-art cooling techniques utilizing geothermal and high efficiency cooling systems estimated to be capable of providing a 50% reduction in power consumption over conventional systems. Huh, that's pretty clever i must say. What's about wind turbines do you plan to use it? Yeap, the Project is also designed to utilize wind turbine inside the data centers to recycle the energy from the internal air movement and create the potential for additional savings. I heard that Foleum plan to use heat from miner too, that's sound rather intriguing! Can you tell me more about this? Sure, In addition, the data center designs include the capacity for heat recovery, potentially allowing the data centers to use some of the heat generated from the data centers to provide heat for the Project’s manufacturing building as well as hot water for domestic use in facility bathrooms, as well as other uses. Woah, i must admit, that sounds pretty amazing I'll gladly take a part in this project. You are welcome. Always glad to help!
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filimonov33
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Activity: 266
Merit: 0
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August 02, 2018, 05:16:14 PM |
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Guys, i've heard you has a charity staking fund, how much do you plan to allocate to it?
Hello. Yes, Foleum indeed has a charity staking fond, there will be 1% from all profit for charity staking. So, are there any certain dates when do you plan to organize these charitable events? According white paper: "At the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity" by this, we can assume that charity events will be held once a year. But how do you choose what event will be launched? Is there is some kind of voting maybe? Some kind of that, it will be based on the charity submission and votes from project supporters, the Crystal holders.
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alextrig42
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Activity: 151
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August 02, 2018, 05:19:21 PM |
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Hi everyone. Wanna ask, how much will be allocated for Public Sale Lot 1 and Public Sale Lot 2?
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zencat
Newbie
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Activity: 119
Merit: 0
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August 02, 2018, 05:23:20 PM |
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Guys, i've heard you has a charity staking fund, how much do you plan to allocate to it?
Hello. Yes, Foleum indeed has a charity staking fond, there will be 1% from all profit for charity staking. So, are there any certain dates when do you plan to organize these charitable events? According white paper: "At the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity" by this, we can assume that charity events will be held once a year. But how do you choose what event will be launched? Is there is some kind of voting maybe? Some kind of that, it will be based on the charity submission and votes from project supporters, the Crystal holders. You will not arrange them in the first year, right? For charitable events organization need a time, i believe.
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filimonov33
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Activity: 266
Merit: 0
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August 02, 2018, 05:28:12 PM |
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Hi everyone. Wanna ask, how much will be allocated for Public Sale Lot 1 and Public Sale Lot 2?
Greetings. For Public Sale Lot 1 it will be 50,000,000 Foleum Mining Crystals and for Public Sale Lot 2 it will be 60,000,000 Foleum Mining Crystals
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filimonov33
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Activity: 266
Merit: 0
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August 02, 2018, 05:29:23 PM |
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Guys, i've heard you has a charity staking fund, how much do you plan to allocate to it?
Hello. Yes, Foleum indeed has a charity staking fond, there will be 1% from all profit for charity staking. So, are there any certain dates when do you plan to organize these charitable events? According white paper: "At the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity" by this, we can assume that charity events will be held once a year. But how do you choose what event will be launched? Is there is some kind of voting maybe? Some kind of that, it will be based on the charity submission and votes from project supporters, the Crystal holders. You will not arrange them in the first year, right? For charitable events organization need a time, i believe. Indeed. As team themselves said: "Once the Project is operational, at the end of each year, Foleum will distribute the profit-sharing proceeds, if any, attributable to the 1% of FOL crystal tokens staked for charity, to different charities based on the charity submissions and polling input from the Crystal holders."
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alextrig42
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Activity: 151
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August 02, 2018, 05:36:35 PM |
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Hi everyone. Wanna ask, how much will be allocated for Public Sale Lot 1 and Public Sale Lot 2?
Greetings. For Public Sale Lot 1 it will be 50,000,000 Foleum Mining Crystals and for Public Sale Lot 2 it will be 60,000,000 Foleum Mining Crystals Thank's for the answer. Maybe you know how much crystals will be cost during these stages?
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filimonov33
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Activity: 266
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August 02, 2018, 05:39:21 PM |
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Hi everyone. Wanna ask, how much will be allocated for Public Sale Lot 1 and Public Sale Lot 2?
Greetings. For Public Sale Lot 1 it will be 50,000,000 Foleum Mining Crystals and for Public Sale Lot 2 it will be 60,000,000 Foleum Mining Crystals Thank's for the answer. Maybe you know how much crystals will be cost during these stages? You are welcome. Yep, Public Sale Lot 1 - $0,40 USD; Public Sale Lot 2 - $0,50 USD
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investorgga
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Activity: 220
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August 03, 2018, 12:47:29 PM |
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Hey. I have been following your project for a long quite time, i really like it. I wanna ask, is Foleum will be financed by its community?
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ArahFrie17
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Activity: 87
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August 03, 2018, 01:00:32 PM |
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Hello everybody. It would be desirable to find out opinion of Foleum team, or people connected with they, about problems in mining for today, what do they think about this? What kind of relevant problems does it have?
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ReiGnZ
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Activity: 42
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August 03, 2018, 02:51:59 PM |
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Greetings people! Recently, the blockchain mining is thing, that everyone is talking about. So i want to try it by myself, i already read a decent amount of different articles about it, but it would be better to hear it from the horse's mouth, if it's not burdensome for you, of course...
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yuracryptoman
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Activity: 252
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August 03, 2018, 02:54:34 PM |
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Hey. I have been following your project for a long quite time, i really like it. I wanna ask, is Foleum will be financed by its community?
Hello. yes, Foleum is financed by its community of FOL Crystal holders.
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yuracryptoman
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Activity: 252
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August 03, 2018, 04:53:14 PM |
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Hello everybody. It would be desirable to find out opinion of Foleum team, or people connected with they, about problems in mining for today, what do they think about this? What kind of relevant problems does it have?
Oh, that's a good topic to discuss. There is a lot information about the different problems in the white paper. I can list all, if it's necessary for you.
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yuracryptoman
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Activity: 252
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August 03, 2018, 05:00:34 PM |
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Hello everyone! I'm pretty at all this blockchain-thing, can anybody explain me what ICO is, and what it's mean?
Oh, hello there! Sure, it's pretty simple actually, an unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign
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yuracryptoman
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Activity: 252
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August 03, 2018, 05:02:34 PM |
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Greetings people! Recently, the blockchain mining is thing, that everyone is talking about. So i want to try it by myself, i already read a decent amount of different articles about it, but it would be better to hear it from the horse's mouth, if it's not burdensome for you, of course...
Greetings. Welcome to our field Long story short: blockchain or cryptocurrencies mining is the process where a transactions or digital asset such as information is verified and added to a public ledger, known as the blockchain, and the means through which new cryptocurrencies tokens are released.
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investorgga
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Activity: 220
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August 03, 2018, 05:15:30 PM |
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Hey. I have been following your project for a long quite time, i really like it. I wanna ask, is Foleum will be financed by its community?
Hello. yes, Foleum is financed by its community of FOL Crystal holders. And what's FOL Crystal holders gets for themselves from it?
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