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Author Topic: Would you invest in Mining Company IEO?  (Read 1020 times)
xenomorphe1
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August 12, 2019, 06:46:35 AM
 #21

Yes, it is profitable for the company doing the IEO. But not for investors in the long term, as most of them are scams. Look at Envion or Swiss Alps Mining for example. But it can be profitable at the start of trading with a little chance. Like others IEO.
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sehoon
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August 12, 2019, 09:09:05 AM
 #22

I never tried joining in a mining company before. I looked at it but it has some bad reviews and they recommend me to stick on investing in bitcoin or good altcoins.

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August 12, 2019, 10:29:43 AM
 #23

absolutely not.

it is simple, mining is either so profitable for the big farms or it is not. if it is profitable, then they wouldn't need to do a scam fund raising through a shitty token on some platform to make ends meet.
only those who can not make money and have no business plan have to do out of ordinary things such as begging for money through ICO/IEO. and none of them have ever been an actual business.

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August 12, 2019, 11:57:48 AM
 #24

At this point, mining is really questionable, I mean it was not profitable way back last year so I don't know how can it be profitable in 2019. And there was a lot of questionable mining services before and even majority of experience traders and investors blatantly calling them a scam.

And that is the main reason people are going to snub IEO that involved mining. I'm not saying everyone, but I guessing everyone would look the other way and go to other IEO that has the potential to give them a huge profit in the end.
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August 12, 2019, 12:40:14 PM
 #25

so far, Most mining projects fail, whether because bearish market or fraud. all ended badly, if you want to invest in a project, avoid the mining project. you better join the IEO that takes place on the Binance or OKEx exchanges it is more profitable.
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August 12, 2019, 03:17:04 PM
 #26

The mining days are gone and they are not profitable these days,so I am a No No on this one.i would rather invest in unique ICO projects  than mining companies
And upon looking posts above it’s clear that most are negatives than positive outlook on this one
so far, Most mining projects fail, whether because bearish market or fraud. all ended badly, if you want to invest in a project, avoid the mining project. you better join the IEO that takes place on the Binance or OKEx exchanges it is more profitable.
Absolutely!!binace is one good option to profit now,their IEO is gaining investors so I think this is a best alternative than mining

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August 12, 2019, 03:48:40 PM
 #27

to invest I did not do it. but to participate in the prize campaign and keep the assets now I still do. because by holding coins from the bounty I can get ETH every day from mining on their website. to invest in a mining project, I haven't done it.

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August 12, 2019, 05:56:26 PM
 #28

I currently invest in IEO and don't see what the company's concept is. the most important thing is to have a good and successful future. even if there is a mining company in IEO that is good and potentially I will not think long and will definitely invest there

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August 13, 2019, 04:25:58 AM
 #29

so far, Most mining projects fail, whether because bearish market or fraud. all ended badly, if you want to invest in a project, avoid the mining project. you better join the IEO that takes place on the Binance or OKEx exchanges it is more profitable.
Less calculations are made of electricity costs and the results make most projects that move on minning fail when they are running. cooperating with large exchanges in the future is still not very good if there is no new system that can make electricity savings
even large exchanges will not want to hold an IEO in their exchange if the proposed project does not have good potential, because the exchange also does not want to disappoint the investors who will participate. their good reputation can be damaged because of that
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August 13, 2019, 04:41:38 AM
 #30

I would not invest in anything like mining, unless I'm the one operating it or our group.
There are a lot of online mining investments in the past that turns out scam and I was one of the victims so that makes me get rid of this kind of investment.

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August 13, 2019, 02:25:05 PM
 #31

I never tried joining in a mining company before. I looked at it but it has some bad reviews and they recommend me to stick on investing in bitcoin or good altcoins.
The perception I have always had about these mining is that it is too expensive to established, and the ones I tried getting involved with one time was that of siacoin when they were still being able to mine it with pc but mining it with pc is just too annoying because it generates a very slow and small hash rate because of the low system capacity, so you will have no choice than to buy the mining machine which is expensive.

I have heard of some third party mining companies too with their series if offers, but I am quite a little bit skeptical in joining them because I don’t want to believe all those offers they are giving that sounds too good to be true, because in these industry, one really has to be very careful In some of the activities we do because of scam projects.
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August 13, 2019, 09:44:18 PM
 #32

Another one ive heard about is pieta network that actually introduce a new algorithm called x20 which they claimed to be cool on GPUs and very profitable as well but i havent tried out any mining projects with IEO before,you can proceed if you find any prove that what the project is all about makes sense
The people who start the project will always claim that it is the best product out there and it will solve all the issues in the present market and if you go by their words without verifying what is going on, you will end up spending some mining power and electricity and you will not get any benefit rather than some shit coins in your wallet which are useless. Investing in mining companies and making  a profit is a myth unless you have other resources to get the maximum benefit from the company you are investing.
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August 13, 2019, 10:00:31 PM
 #33

Not it is not best idea to invest in IEO for mining company because previously we lost very huge amount in Envion company. Which they get into the scam and even they are not returning the money to the investors. Really they collected a very huge amount of money during their crowd sales.
Have to consider that mining isn't promising by now and most cases more people lose their money and so the confident may lessen already.
The scam issues happen before are sticking into the mind of mining investors and create massive declining in numbers who put risk with this.
Of course, I'll never be risking my money for nothing and mining may not be worthy at this time.

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August 13, 2019, 11:04:02 PM
 #34

investing in an IEO mining company might be one of the good things, I think if there might be an IEO mining company doing promotions and seeing the concept is very good maybe I would invest there.
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August 14, 2019, 01:34:29 AM
 #35

Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.

Has anyone else done a mining IEO before? How did tokens perform?

where they want to organize the IEO?
If they can bring it into a top exchange like Binance, Kucoin, Okex, Huobi, or Bitmax maybe I can consider participating their IEO...
Btw, I just aim for high ROI. No matter what project will be provided on these exchanges, I believe they can bring investor profit, even if only x2..  Grin
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August 14, 2019, 02:34:52 AM
 #36

Mining investment as per review was costly, I had no plans yet to have this kind of thing these days. What I knew about mining was done through personal miner and not for an IEO program. As a matter of fact those developers handling projects using the idea they've got from mining platform isn't legit and mostly scam.

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August 14, 2019, 08:34:09 AM
 #37

IEO or ICO, everything will back to their developers. If they can really do best for their project, any type of project will be good and the coins/tokens will have big value. I think as long it is profitable, investor will jump on it. Especially with IEO now really help investor to pick and make a decision in which project they want to invest. But back at first that i said, it is all depends on the developer itself.

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August 14, 2019, 01:32:20 PM
 #38

I once tried investing in a mining project but most of the 10% projects were running, and of most projects everything was unclear
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August 14, 2019, 06:44:39 PM
 #39

It's not profitable. The most profitable mining company is Bitmain. Because of they sell using ASICs by packed it in the new body. This is profitable. But to buy ASIC with the goal to lease it is the biggest joke. Human, take a calculator and count own profit and company profit. Can it to be profitable?
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August 14, 2019, 09:36:10 PM
 #40

i never trusting in investing my money to online mining service, i'm preferable to manage my money by myself, even i got loss i'll take all the responsibility from my money and i can learn from the mistakes and investing money to other services like mining, lending or other service

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