[ICO][BOUNTY] HydroMiner: water power for mining
Hi, guys! The project I want to tell you about today will be interesting for miners (by the way, leave comments below if you mine, I just wonder how many miners read this blog). For those who don't actually know what mining is: a miner is a person who provides computing capacity for solving complicated mathematical problems and is rewarded with the crypto currency. The mining equipment has to operate 24/7 with heavy duty. As the value of crypto currency has gone up, more people have considered mining as a business, investing in hardware to mine as many coins as possible. Still regular ways of mining have many disadvantages. The main of them are the electricity prices and profit loss in case of failures and downtime.
Solution
So there is a solution which already operates on the market and is open for your participation. HydroMiner is a crypto currency mining company which uses energy from hydro power stations, which offers one of the lowest electricity prices in European region. In addition to the low electricity costs this power source is environmentally friendly, so you can be sure your mining doesn't harm the nature. Besides this way of mining is more profitable as the company uses the water for cooling mining equipment thus saving costs. And the problem of long downtimes is solved: HydroMiner’s power stations are located within three hours from their headquarters.
The company introduces the idea of putting the mining gear inside typical sea freight containers. These containers can be assembled and equipped with powerful cooling and ventilation facilities, and then shipped to the hydro power station. The proprietary cooling system is really space-saving, so the number of GPU cards per square meter can be significantly increased. If needed, the container can be in a prompt manner moved to another location. Logically, the use of containers ensures flexibility, density and profitability due to the opportunity of being implemented in almost every location.
Besides, thanks to a special monitoring software the status of the miners is constantly monitored, providing instant reaction in case of miner work stops. In addition, there is also personnel foreseen for smaller tasks on the site.
Prices and offering
The project team informs that the average cost for single equipped container is from $350.000 to $650.000, and the exact amount depends on the hardware and the cooling used. You can take part in the ICO and buy H2O tokens to later exchange them to mining contracts on the HydroMiner platform. The company plans mine Ethereum mining and will hope to open the world of altcoins mining. Today there are some altcoins with similar profitability.
For the moment the company rents two hydro stations in Austria. So one of the ICO purposes is to further scale up mining operation in other hydro power stations. What I like the most is that HydroMiner supports the transparency politics and reveals its current locations and – more than that – even offers guided tours and invites interested parties to the beautiful Alpine regions of Austria for a weekend.
For additional information on mining future, project structure and the team please see the white paper https://www.hydrominer.org/wp-content/uploads/HydroMiner.pdf. You can find an exhaustive FAQ on the website (see the link below).
I'm sure this project is really worth miners’ attention as HydroMiner with a 4-year experience in this industry came to conclusion that hydro power stations have two main advantages for crypto mining: low energy cost and possibility to use water for cooling.
The company welcomes supporters. ICO began on October 18 and will last for 5 weeks. You can invest or you can take part in one of the bounty campaigns (1% of all raised tokens will be allocated to the bounty campaign).
Useful links:
Website: https://www.hydrominer.org/
Facebook: https://web.facebook.com/hydrominer/
Twitter: https://twitter.com/hydro_miner
Telegram: https://t.me/Hydrominer
My BTT profile link: cr_liev, https://bitcointalk.org/index.php?action=profile;u=1046642