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Author Topic: Would you invest in Mining Company IEO?  (Read 1075 times)
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October 05, 2019, 02:21:27 PM
 #61

From the many project offers that have mining concepts, I think few are successful, the conclusion of the many outstanding mining projects is that the founder or developer wants to do cryptocurrency mining but does not have enough funds so they try to collect funds from investors with the ico method, it is better for me build my own mining instead of having to give my funds to other people.

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October 05, 2019, 03:10:53 PM
 #62

even projects with the mining concept are not many that are successful and get enough investors for their development. except mining projects with multi-functional platforms. some products have mining functions and also other features such as gambling and crypto trading on the same platform. if only on one mining feature I think it will be difficult to attract investors.

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October 05, 2019, 03:17:44 PM
 #63

Mining companies that would like to do IEO must already have a good background and record before they can be trust by investors. It is profitable if the company can did it effectively than we can do it on our own. Though, they might be hard to get investors as a new company it will be hard for them to get investors as for me I might invest in gold mining companies that this like of mining. We will see if it will succeed depends on the process and promotion they will do.
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October 05, 2019, 03:50:55 PM
 #64

Mining companies that would like to do IEO must already have a good background and record before they can be trust by investors. It is profitable if the company can did it effectively than we can do it on our own. Though, they might be hard to get investors as a new company it will be hard for them to get investors as for me I might invest in gold mining companies that this like of mining. We will see if it will succeed depends on the process and promotion they will do.
we have already seen several mining projects but we don't see them getting large funding. even though they claim to have been running and have active mining in the real world and are now trying to switch to virtual mining. maybe the faster one gets funding from investors from the past until now is the gambling project. do you agree with me?
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October 05, 2019, 03:56:55 PM
 #65

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?

IEO is, in my view, more profitable than ICOs because the token gets listed in the exchange faster, but the niche of mining isn't really profitable actually. Unless that you have really cheap electricity, you can't make big money by mining, thats the case for individuals and for companies as well.
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October 05, 2019, 09:02:56 PM
 #66

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?

Honestly, i have taken a look at this and i am not interested. Why? Because it would need to be handled drastically different from mining icos before this.
I don't think that there has been even one mining ico that hasn't been a scam or failed right on the start (educate me if i am wrong on this).
I have wasted my time and lost some serious money while waiting any of the mining projects pan out.
I would like just ONE of them to be a legit project to restore the trust because i have no faith at all left on mining icos, or ieos.
Btw i know it's stupid to flag all mining icos as same, but as i haven't seen any of them work for some reason, i am disappointed and my thought on the subject are preconceived.


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October 05, 2019, 09:25:17 PM
 #67

i'd invest in something like that if it was a government level program.. not something people i dont know run
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October 05, 2019, 11:26:28 PM
 #68

Mining companies that would like to do IEO must already have a good background and record before they can be trust by investors. It is profitable if the company can did it effectively than we can do it on our own. Though, they might be hard to get investors as a new company it will be hard for them to get investors as for me I might invest in gold mining companies that this like of mining. We will see if it will succeed depends on the process and promotion they will do.

There are several factor why bulk operation is way cheaper than a single one.  They can have deals to provider, both equipment, service and electricity with huge discount.  Another thing is, with huge fund they can move to some place where mining is profitable or they can build renewable power sources for their mining industry.  A single average miner cannot do such. 

But in my experience, I have seen several company that offers mining as their service failed miserably.  So if ever a project like mining company ever to perform an IEO, I would stay away from it.
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October 06, 2019, 11:09:07 AM
 #69

There was a previous mining project that I know did it's ico back then but was unable to be successful, lots people had faith in that project but unfortunately things didn't go as expected, with what I see regarding that project and the situation of mining presently, I won't invest in mining project, rather put money in something else.

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October 06, 2019, 11:29:28 AM
 #70

i'd invest in something like that if it was a government level program.. not something people i dont know run

There is no way that there would be a government based mining coin ICO. Mining is becoming more and more profitable and I am looking for projects that are launching some kind of a mining product. Definitely sounds interesting to me.
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October 07, 2019, 01:52:29 PM
 #71

i'd invest in something like that if it was a government level program.. not something people i dont know run

There is no way that there would be a government based mining coin ICO. Mining is becoming more and more profitable and I am looking for projects that are launching some kind of a mining product. Definitely sounds interesting to me.
Profitable for what? had you ever tried that to mine crypto? it's not profitable anymore, especially for small rigs users. So many small miners have retired from miners.
You can now try to ask some miners about that and there was a lot of miners have sold their rig to buy the coin directly from the market.
This kind of ico is a scam ico and look at envion or terawatt. They have ended with exit scam

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October 07, 2019, 02:12:55 PM
 #72

Investing in mining is not a very profitable business. But it makes more sense to invest in mining equipment than invest in IEO. Of course the main issue is to make money, you need to calculate it well. I stopped mining a long time ago.
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October 07, 2019, 07:15:37 PM
 #73

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!

There are a lot of projects that are scams, and cloud mining is one of the leaders of this fraud. These companies offer to invest in mining at clearly inflated interest, without possessing physical mining capabilities. Having existed for a month or two, they completely disappear with the money of those investors. Real cloud mining does not bring a fabulous income. I would stay away from these projects and never invest in an ICO connected with them.
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October 07, 2019, 11:09:23 PM
 #74

You need to be very careful when investing. Are you really investing in mining or a bloated interest? There is a possibility of fraud. To understand this, it makes sense to do research on the forum. Watch out if they promise huge imaginary profits.
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October 08, 2019, 01:29:34 AM
 #75

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

Right now, I don't invest my money in cloud mining, but I have a good experience with them. I already got a nice reward from them a few years ago and it still running until now. But I don't know how good they are now because I don't invest with them again, and I receive the rewards only. You don't have to invest your money in the cloud mining service if you think that it will not give you profit.

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October 08, 2019, 05:41:04 AM
 #76

Quote
I already got a nice reward from them a few years ago and it still running until now. But I don't know how good they are now because I don't invest with them again, and I receive the rewards only.

I call bullshit on this.

What service were you with? If it generated a profit, then it would have likely been a ponzi scheme first of all and you may have simply been one of the lucky few first investors that had your investment returned to set up the latter stages of the exit scam.

And even assuming all the best, including the fact that you really generated a profit and the cloud mining company was actually mining, it would have probably came in the very short term where BTC or the altcoin you were mining was rallying hard. But in that case, investing in such tokens would still not be worth it since you would have definitely made more from simply buying the coin that rallied itself.
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October 08, 2019, 08:25:46 AM
 #77

i'd invest in something like that if it was a government level program.. not something people i dont know run

There is no way that there would be a government based mining coin ICO. Mining is becoming more and more profitable and I am looking for projects that are launching some kind of a mining product. Definitely sounds interesting to me.
Mining has been pupolar for a year but i dont think it is really profitable. ICO with a project of mining i think there are many project has been doing this before let me search for that project.

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October 08, 2019, 08:58:55 AM
 #78

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?

mining businesses not available in the market now many people holding the asic miners and graphic cards are not being used nowadays. I have invested around 5k USD in mining businesses and I lost the complete funds from it.
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October 08, 2019, 10:29:22 AM
 #79

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?

mining businesses not available in the market now many people holding the asic miners and graphic cards are not being used nowadays. I have invested around 5k USD in mining businesses and I lost the complete funds from it.

What did you do to lose all that money? Did you buy mining equipment, if you did you can sell it now, or you were a complete fool and you invested so much money in some cloud mining? If you did the second thing, then I don't feel for you, I can bet you learned your lesson. I learned a lesson from investing in cloud mining, but not even close to that amount you lost, mine was 50 dollars, believe it or not, that was 0.3 BTC in that time.

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October 15, 2019, 02:28:51 PM
 #80

I have never tried an investment in IEO mining. Whether to produce a good profit or not?
Maybe if it gives profit and their project is long I'm interested.

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