Would you invest in Mining Company IEO?

[sempak]

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

It's just a money game scheme where there is no cash flow in online or offline mining because the electricity costs themselves are also quite large. the profit we get ourselves is not large but the promised profit is quite large and this is certainly not reasonable

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[NathanJB]

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?

Extremely profitable is an exaggeration. And no amount of exaggeration like that could convince the members of this forum who have been here for a long time.

Mintmine is not the first of its kind, and it is certainly not the first one who took this endeavor. Do you know what happened to all those projects in the same category as Mintmine? They all failed. So if it is indeed extremely profitable, it should not even be made through an IEO. Take a look at the history of AX1 or of Envion and you will know the history of this kind of attempt in the market.

[3x2]

I would never invest in some mining IEO. I have seen the past ICOs, most of them like Gigawatt said they would provide a ample hash to their investors but they shut their operations after just 2 months saying we are facing legal regulations and we are sorting all as soon as possible.

Now it has been 2 years after Gigawatt shut down and none of the investors are paid.
Here you can read more about them: https://news.bitcoin.com/bitcoin-mining-ico-giga-watt-sued-securities-fraud/

[genset88]

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?

I have not done any mining IEO but ICO and I do not think there is difference between the two ICO and IEO, it is just the platform of raising fund that is different. None of the past mining ICO made money and most if not all are now a dead projects. I do not think mining is as profitable as most people make it to sound unless you have access to free mining gear and electricity

The initial small pump also makes it easier to pump the later price and gradually build a stronger community of traders.
The downside of this approach is that too little IEO pump will entice fewer IEO players.
Several exchanges are using the game IEO to play coin game floor is also difficult to note because no one plays IEO anymore, the demand for holding coin floor is also less.
But perhaps IEO is more upgraded than ICO in terms of privacy level for investors. The sammers can operate on this exchange.

[leavolnhals]

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?

I have never made any investment in mining projects through IEO. This is actually quite risky. It has a number of factors, such as a business that does not guarantee financial statements, so I cannot know how much profit a quarter makes. Besides, when implementing IEO, the team also does not guarantee the use of profits to increase the price of the token.
That's why I don't invest in such projects. because mining is very important in terms of profit, if I don't get a share of it, I will never invest.

[adamlillian]

It's a waste of money investing in such projects. Because of the money we invest in it, we can also buy some GPUs to mine coins. we only need to spend more money to buy a package to mine bitcoin. everything will be very easy because this is a very easy job and we only need capital.
There are many tutorials on youtube and google that can help us mine coins.

[shoreno]

ieo mining company ? if its an ieo then you are only going to invest on thier product but you arent going to do the actual mining ? is that  what im expecting ? if yes then sure why not .

  i will invest on it but only if the ieo is covered by a reputable exchange site   .  nothing really wrong on investing on an ieo , i mean its less risky than investing directly on a mining/cloud mining website

[Rodeo02]

It's a waste of money investing in such projects. Because of the money we invest in it, we can also buy some GPUs to mine coins. we only need to spend more money to buy a package to mine bitcoin. everything will be very easy because this is a very easy job and we only need capital.
There are many tutorials on youtube and google that can help us mine coins.

There are many ico like this before and not even one has been successful or investors get high return from what they invest. Nothing new so what will be the reason if they offer only same offer happen before.

[ajqjjj]

I invest only in projects whose idea can bring great success and profit, and thereby make good money on this

Mining and trading is a well profitable investment. But mining company is little hard to trust so I like to invest GPU mining because it will make good profit for me and trading also good earning on quickly. I think you don't have experience in mining industry so your ideas is good for you, But sometimes your projects also make losses But mining will stop the loss at anytime.

[jostorres]

I invest only in projects whose idea can bring great success and profit, and thereby make good money on this

Aside project investment which is a good way to go also, I would have really loved to also mine, but the challenge has been with the cost associated to mining, mining has the class of people that can go for it and that is actually the rich people, and as they say that the rich keeps becoming richer and the poor getting poorer, but in my own case, even if I cannot mine because of the cost, there are other available opportunities that one can take like what you said.

Investing in project is also one way to make money, that is when you invest in solid and quality projects, and also trading too, after I have made investment, I go fully into trading too and all these ones has made me the same with someone mining also. We both get profit and we both almost make the same profit.

[WalkerIVIV]

ieo mining company ? if its an ieo then you are only going to invest on thier product but you arent going to do the actual mining ? is that  what im expecting ? if yes then sure why not .

  i will invest on it but only if the ieo is covered by a reputable exchange site   .  nothing really wrong on investing on an ieo , i mean its less risky than investing directly on a mining/cloud mining website

That's BS,
You can ask anyone and what will better to buy the token created by a company that runs its mining(It's real or not) or buy mining rig and get mining rig in your hand. I believe if the majority of people will say to buy your mining rig rather than investing in a high-risk project like that. Even it's IEO and that doesn't give a guarantee.

[judeafante]

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?

I've promoted one I can't recall the name, but there are a lot of deception and the whitepaper is questionable, I don't invest on this kind of IEO I consider this kind of scheme or program as Ponzi scheme, because they can be manipulated.
Cloud mining has a bad reputation, I don't think it's not going to work because there are related ICO in the past that did not work.

[iamsange]

I think as long the project really can show their mining tools, i think not bad to try. Because if not, people usually judge if it is cloud mining which only get money like ponzi scheme. But before do that, there are some project that based on mining i think in bitcointalk. You can see the project and how was the token for now. With that, you can see people attracted to it or not.

[jmigdlc99]

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?

Extremely profitable? Are you sure?

As far as i know crypto mining is on its way out and is now only for large companies that have the capital to do it in scale. Small time mining operations will be hard-pressed and being pushed out because they can't compete with these huge companies that have almost free electricity.

[magneto]

Absolutely not. I've had enough experience with cloud mining companies trying to tokenise their securities and pitching it as some form of revelation that will forever revolutionise crypto mining that eventually all turned into scams or are completely unprofitable.

I suggest you take a look at Ice Rock Mining, which was one of the hottest of them all back in the day.

An IEO doesn't make the token itself profitable somehow. It is common knowledge that cloud mining and the maintenance fees severely undermine the profitability of investors, yet when they are packaged and touted as tokens it somehow makes it acceptable. I don't get human psyche sometimes.

[DBronze98]

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?

I don't think that investment is good. because such businesses are often very concerned about their own profits. If they do not commit to giving us the balance sheets, they will easily take advantage of the profits and do not need to develop the token.
so investing in these types of businesses will often get a zero return.

[miningguru]

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?

Extremely profitable? Are you sure?

As far as i know crypto mining is on its way out and is now only for large companies that have the capital to do it in scale. Small time mining operations will be hard-pressed and being pushed out because they can't compete with these huge companies that have almost free electricity.

I don't think it is extremely profitable with the Mining because previously we have seen many mining companies launched their ICO, which they get into scam very quickly and I think it is a very bad idea to invest in mining companies. Mainly who will share a higher percentage will get into scam very quickly. So think twice before investing any mining company.

[matchi2011]

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?

Extremely profitable? Are you sure?

As far as i know crypto mining is on its way out and is now only for large companies that have the capital to do it in scale. Small time mining operations will be hard-pressed and being pushed out because they can't compete with these huge companies that have almost free electricity.

Indeed, Mining farm who can manage to scale the market and have a good numbers of mining tools that can compete with this surviving market, though there's still chance for new project but it's a risk to anyone to invest in and participate, mining business if can't show any real proof that they've got the right equipments and they are located from the place where electricity is competitive to run business., otherwise, it will be another promises like ponzi type of system.

[slaman29]

I would never invest money into anything that I cannot see its business model. I invest in casinos and online gambling, crowdfund bankrolls or tokens that pay dividends, like CSNO, but never online mining because we cannot see it, and no mining company that offered investment has ever been able or willing to share transparently!

[gaston castano]

how can you say it's profitable, and also I have never followed investment in mining tools or anything like that.
because with current market conditions and also the value of BTC is not too high I don't think it will provide much profit, instead it might be a loss if only using minimal equipment.