🔥🔥🔥 [ANN] SECURIX.IO - THE SAFEST TOKEN IN MINING 🔥🔥🔥

[gee777]

With most Mining projects shutting down and only a few having the feasibility of making profits, what do you think Securix could benefit?
Although Securix mining strategy is different and has a long run target, they could be the only mining firm in crypto, what do you think about that?

If they are the only mining firm left in crypto. It means that they are going to get a lot of support from the community. And we also have a large fan base available.

As said several times, Securix project has a great deal with the energy provider. They have fixed costs and can mine profitably under these bad circumstances. If the market goes up, the profit will increase dramatically.

Based on their numbers as long as BTC is well above 4k they are good and profitable. If it goes below there is the backup pool; If it went lower than there is halting until price recovers if that did not happen than it is selling assets.

At this time we can see the price of BTC is below 4000$ . So how they will calculate the ROI if BTC will not get recovered until the start a mining?

That's everyone's question right now. Maybe they might wait for bitcoin to recover to above 5000k before they will start mining this tokens.

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[Zombie259]

With most Mining projects shutting down and only a few having the feasibility of making profits, what do you think Securix could benefit?
Although Securix mining strategy is different and has a long run target, they could be the only mining firm in crypto, what do you think about that?

If they are the only mining firm left in crypto. It means that they are going to get a lot of support from the community. And we also have a large fan base available.

As said several times, Securix project has a great deal with the energy provider. They have fixed costs and can mine profitably under these bad circumstances. If the market goes up, the profit will increase dramatically.

Based on their numbers as long as BTC is well above 4k they are good and profitable. If it goes below there is the backup pool; If it went lower than there is halting until price recovers if that did not happen than it is selling assets.

At this time we can see the price of BTC is below 4000$ . So how they will calculate the ROI if BTC will not get recovered until the start a mining?

That's everyone's question right now. Maybe they might wait for bitcoin to recover to above 5000k before they will start mining this tokens.

There are still two month to go, before Securix will start with mining. The team will analyze the market situation and decide what is the best for the project. No need to panic.

[Nathan01]

What did you imply by saying 'mining bitcoin'?
I don't understand your implicatioin.
Please clarify your ideas a little bit.

They will still be mining Bitcoins right?
Narrow market decreases the bitcoin difficulty, so everything they will be mining it will still be valued! Might be a lil LOW but still profitable! 

Yeah like Mine bitcoin... Bitcoin creation as result of complex mathematical computation using energy however the good side of securix project is that they ain't going to use the conventional electricity they are going to use green energy

[CrypticBabe]

What did you imply by saying 'mining bitcoin'?
I don't understand your implicatioin.
Please clarify your ideas a little bit.

They will still be mining Bitcoins right?
Narrow market decreases the bitcoin difficulty, so everything they will be mining it will still be valued! Might be a lil LOW but still profitable! 

Yeah like Mine bitcoin... Bitcoin creation as result of complex mathematical computation using energy however the good side of securix project is that they ain't going to use the conventional electricity they are going to use green energy

yeah they have found a way to lower the cost of energy by getting energy Ean-2-Ean which will lower the waste of Energy cost caused by wires while moving enegr from a place to another. they also have some plan for future as well.

[ganeshramk]

I remember they had said that as long as bitcoin price is higher than 5000 dollar, there is no problem. But now the price is much lower. The only thing can make me hopeful is decrease of difficulty. This can change the calculations and make bitcoin mining profitable again. Otherwise, the team should have plan for that situation or Securix will die.

The whole market is bleeding. Who is the net beneficiary in this market? Still people are making money in crypto? Not sure about it.

[em777]

I think it would be good if the team really reassured people of where and how they stand with the current market conditions publically

I spoke with damian in the group and he is super confident in the fact that the market will bounce back and the securix project will continue despite the odds, personally I salute his courage, staying with faith in this time of the market is tough work

I tell you mate that is the only way to survive this unending blood bath the crypto market is currently facing right now, investors have to be more hopeful and courageous to endure this period till when things start getting better again, it is quite tough but it will surely bounce back someday.

true, most investors and crypto enthusiast don't see it that way i believe soon the market is going to recover and a lot of stability will come along with it

[Nathan01]

I remember they had said that as long as bitcoin price is higher than 5000 dollar, there is no problem. But now the price is much lower. The only thing can make me hopeful is decrease of difficulty. This can change the calculations and make bitcoin mining profitable again. Otherwise, the team should have plan for that situation or Securix will die.

The whole market is bleeding. Who is the net beneficiary in this market? Still people are making money in crypto? Not sure about it.

The people making money in the market currently are whales who are shorting with huge amount of money and making money with small change in price, right now everyone is paused, I mean the small traders

[phantam]

They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment

[AngelJoshua]

With most Mining projects shutting down and only a few having the feasibility of making profits, what do you think Securix could benefit?
Although Securix mining strategy is different and has a long run target, they could be the only mining firm in crypto, what do you think about that?

If they are the only mining firm left in crypto. It means that they are going to get a lot of support from the community. And we also have a large fan base available.

As said several times, Securix project has a great deal with the energy provider. They have fixed costs and can mine profitably under these bad circumstances. If the market goes up, the profit will increase dramatically.

Based on their numbers as long as BTC is well above 4k they are good and profitable. If it goes below there is the backup pool; If it went lower than there is halting until price recovers if that did not happen than it is selling assets.

At this time we can see the price of BTC is below 4000$ . So how they will calculate the ROI if BTC will not get recovered until the start a mining?

That's a good question really! I hardly believe Securix team Ever imagined it going below 5000$ in near future and yet it happened in early stage! Would like to know whats their olan on that!  

Yeah, I'm guessing the same thing that they really not expecting that it will below that, that's why they putted a range for it about it's okay as long that the price around or above $5k it will still be fine. Looking forward to their solution for it.

[em777]

They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment

they should just go ahead and get the newer equipment i don't think older equipment will give them the necessary result, setting up rig with latest equipment will be more beneficial

[Zombie259]

They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment

they should just go ahead and get the newer equipment i don't think older equipment will give them the necessary result, setting up rig with latest equipment will be more beneficial

When they buy the newest equipment, than it is still profitable to mine BTC or BCH.  They will purchase the mining rigs in January and start the business one month later.

[cryptossi]

They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment

they should just go ahead and get the newer equipment i don't think older equipment will give them the necessary result, setting up rig with latest equipment will be more beneficial

A lot of old miners are basically useless. There are pictures/videos of large mining farms in China, chucking out, and destroying old equipment because their running costs were losing them more money than they were making.

[Cnote112]

No one can determine that the current price range is bottom range of bitcoin, and altcoins in this year.
It's too hard to make such a conclusion on the bottoms.
So, let's hope that Bitcoin already hit it bottom, then from which will recover and make good impacts on altcoins and tokens.

The level it is at the moment doesn’t seem to be a bad place to start off as buttom. No doubt once BTC starts recovering all alts will follow suit.

[cryptossi]

No one can determine that the current price range is bottom range of bitcoin, and altcoins in this year.
It's too hard to make such a conclusion on the bottoms.
So, let's hope that Bitcoin already hit it bottom, then from which will recover and make good impacts on altcoins and tokens.

The level it is at the moment doesn’t seem to be a bad place to start off as buttom. No doubt once BTC starts recovering all alts will follow suit.

Potentially... alts normally follow the price movements of Bitcoin as it's the market leader and it has high % of market dominance. Sometimes alt prices do not always follow this trend and their prices can move independently to Bitcoin due to other factors.

[ibininja]

They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment

they should just go ahead and get the newer equipment i don't think older equipment will give them the necessary result, setting up rig with latest equipment will be more beneficial

A lot of old miners are basically useless. There are pictures/videos of large mining farms in China, chucking out, and destroying old equipment because their running costs were losing them more money than they were making.

Agreed; old miners are way slower now; for you to keep up with the algorithm and competition you need new and higher has rates especially that they opting for  BTC mining. What is their plan now anyway with such market?

[daxp]

with market at current prices any mining operation is in some kind of difficulty. they do not seem to report any issues at the moment. interesting 

They are probably waiting for a quick turn of the market and rising prices. Bitcoin has already lost a lot in price and there is a high probability that it will soon begin to grow

don't expect too much prices to return, because according to some experts the price of bitcoin has the potential to fall deeper. so mining operations are currently in trouble because they have to pay large operating costs.

It is for this reason price can quickly raise. Miners can move this market and keep it at such a level for a long time as now - it is not profitable for them

[AngelJoshua]

They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment

they should just go ahead and get the newer equipment i don't think older equipment will give them the necessary result, setting up rig with latest equipment will be more beneficial

I agree, They must really have the newer mining equipments for their facility so they will going to see some good result from it. Also having newer equipments will going to have more advantages to those who have older version.

[phantam]

Depends on the deals pay back period vs efficiency of a miner really  are what matter immediately but longterm growth comes down to the highest efficiency

[Nightz]

With most Mining projects shutting down and only a few having the feasibility of making profits, what do you think Securix could benefit?
Although Securix mining strategy is different and has a long run target, they could be the only mining firm in crypto, what do you think about that?

Yeah, There's a lot of mining projects / facilities shut down after just a few months. But I think securix will going to be different because they really have a good planned that will keep the project good and fine like on their electricity cost where they can get less or cheap cost for it.

Many of them had an ICO and didn't manage their funds well and are now in a very bad position during the downturn.

[saharovvv]

I can not understand. Do you already have mining equipment or not? Just in the photo I see an empty room