Archive for the ‘Crypto ICOs’ Category

Here is another interesting mining project that got our attention – HydroMiner. A mining project that tries to make crypto currency mining more Eco-friendly by using hydro power stations for generating the electricity used by mining rigs. We already know that there are some hydro power stations being used for large mining farms in Asia, but here the project aims to do it in Europe and more specificall in the Austrian Alps. An ambitious goal trying to expand the current mining capacity from 290 kW all the way up to 7 MW if the maximum goal of the upcoming ICO is reached. Today the project had its pre-sale and it ended at just about 36 minutes according to the official information rising 1500 ETH with the actual token sale (H2O Token) starting on October 18th and running for a month. You can check the HydroMiner Whitepaper here for more details and detailed description of the project.

Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows to manage resources sustainably and enables low-emission production and it is also simple, controllable and has an excellent track record. Using hydro power stations in the Alps region one of the lowest prices per kilo Watt in Europe can be achieved, bringing the costs for the mining operation further down. Further cost savings can be realized by using the cold water for cooling the mining equipment, so no extra electricity costs for cooling. Where possible, mining equipment is built inside standard sea freight containers. The advantage is that containers can easily be assembled in once place and then taken to the hydro power station, in addition, the container can be moved to another location very quickly if needed, sometimes depending on water levels or the need for extensive maintenance to the power station’s turbines.

As you know we are not big on ICOs, but there are some that actually do catch our attention, especially ones that are related to mining and the HydroMiner project is one of those where we see a good potential. Of course with all such projects looking for funding via ICOs there is risk, so while we can point you to check out the project in details we are not going to be giving any investment advice – it is up to you to decide. We are just sharing the information about HydroMiner as a new and promising project to bring an alternative to traditional cloud mining options already available. An alternative that tries to be more efficient and Eco-friendly and not just focusing on bringing profits to its investors, even though most miners focus on profits the most.

For more information about the Eco-friendly HydroMiner cloud mining project…

The craze for ICOs (Initial Coin Offerings) seems to be going on and instead of things starting to calm down things are actually getting more and more intense, regardless of the news that some countries may be banning them or regulating them. Nowadays all we pretty much see in our sidebar with ads, provided mostly by Google, is pretty much all about ICOs and nothing more. We are also being contacted on a daily basis by a lot of people that are willing to advertise their upcoming or already running ICO or just do a coverage. We are not big fans of Initial Coin Offerings ourselves and writing about them or even directly advertising kind of means that we either approve or endorse them or at least this is what most people will think even if that is not our intention. We have been covering some ICOs in the past, just a few actually, as giving investment advice for ICOs especially has never been the idea or goal of this website. If we see a good idea and want to help promote the project and actually use the service or product that will or is being made directly as a result of an ICO we are going to share that information anyway. In such cases we are even investing something in that particular ICO ourselves, this is how much we believe in the idea. Even then however you should not threat that as an investment advice, you should still do your own research as we may not always be right on the spot…

With all of the above said our team does not track any or all ICOs that are currently appearing, starting or ending, they are quite a lot actually and if you do not specialize on that topic alone it will be hard to cover it all. We are not investors or traders and we do not give investment or trading advice, even if we do both of these as well from time to time. We are not against ICOs as a concept, in fact we have recently taken a part of such a project ourselves – Cryptum, a project that is developing a crypto mining board game among other things, though our interest was caught by that particular side of the project. It is not an ICO that promises great things such as decentralizing the board game business or putting board games on a blockchain, it has much more reasonable goals and a business plan that actually seems quite reasonable. Taking a part in that particular project has allowed us to get a pretty good insight on how things work inside an ICO and how many people try to make profit from such projects, not caring at all about the actual product or service (the ugly side of the business).

You are still welcome to contact us if you are running an ICO, planning to start one, or have even finished such a project. We would gladly check it out if we find it interesting and may even do a coverage here, but don’t just say you want to promote an ICO and you are contacting us for advertisement rates. If you are not able to explain what your project is about in just a few sentences in an understandable way, then don’t even bother writing to us. If you cannot do at least that, then maybe you should not be running an ICO at all… just repeating a couple of keywords such as decentralizing and putting whatever it is on the blockchain all the time probably would work for some people, but not for us. If you cannot explain your idea quickly and easily, then don’t even bother trying to!

Last month we have shared some information about an interesting new crypto crowdfunding campaign coming soon with the ultimate goal to fund the The First Crypto Mining Board Game. Today the Cryptum ICO has officially started and will take place in the next 30 days (Stage 1) distributing up to 1 Million CRTM tokens to users that decide to support the project with ETH or BTC. Any remaining tokens that are not distributed during the first stage plus an extra 100 thousands will be available for distribution in the second stage of the funding and you will be able to participate with multiple different altcoins. More details about the parameters of the Cryptum ICO are available here, but do note that the first 24 hours of the crowdsale there is a 16% bonus available, then the next 4 days it is down to 8% and the last two days of the first week you get 4% bonus. After the first week the next three weeks the tokens will be available for the regular rate of 50 CRTM per 1 ETH, and if you are using BTC then the rate is fixed at 0.0135 BTC per 10 CRTM.

The main goal of the project is to create and release a whole line of board games, starting with Blockchain: The Cryptocurrency Board Game, or essentially the first board game about crypto currencies and mining and that is precisely what got our interest initially, though there are a number of other projects associated as the business model of Cryptum is more complex and rewarding that just that. You might want to take a look at the Cryptum Whitepaper for some more details on what your participation in the project can bring you back and it is more than just a free board game when it is ready. You don’t even have to spend an of your Cryptum (CRTM) tokens to get the board game that you will help bring to life, holding the tokens might be much more rewarding in the long term than just selling them on an exchange when they get listed. As already mentioned we are not only supporting the project, but our team actually got involved in the project development as we see very good potential in it. Of course we also want to help make the first crypto mining board game a reality and a fun and enjoyable game to be player by people both into crypto currencies and ones that may not yet be. So go take a look at what it is all about and if you like the idea you are welcome to help in any way, even if it is to just spread the idea.

For more information about the start of the Cryptum ICO visit the official website…


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