Miner One - MIO // Great opportunity to start mining?? BREAKDOWN!

in #crypto6 years ago

For me, personaly, this is great opportunity.

Because I don't have much room to get any mining equipment stored and to be operational 24/7, this is solution.

Do you have similar problem? Would you love to start mining, but you don't have the space to do so, MinerOne might be able to help you.

MIO is still in ICO period, if you don't trust ICO's, then take at least a peek on this project.

So what is this about?
MinerOne - as a name suggests - is cryptocurrency mining ICO, where you invest into ERC20 compatible tokens called MIO. Current price is 1 MIO = 0.001 ETH, without ICO discounts. With money raised on, they buy a lot of hardware for mining Bitcoin, put it into one big facility and get cheap electricity, they claim to have 0.065EUR/kWh. Which compared to worldwide prices according to server https://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/ pretty good and low.

How does it work?
For every MIO invested, you get share of what MinerOne makes. Unfortunately, I don't see any calculations of payouts on theirs websites or white paper, but I imagine it like this:
Let's assume, MinerOne makes 13BTC / month. There is now sold about 13 million of MIO tokens and you hold 1000 of it.
So for every MIO you get 13 / 13 000 000 = 100 satoshi per MIO. Where your profit is 0,001 BTC/month. This is just simplified calculation.

LET'S GET REAL NOW
To this day, 5.14.2018, they have raised (constantly changing) 13 180 ETH. (13 180 * 733 USD (price from cmc) = 9,661$ MILION USD RAISED!!

In theirs whitepaper, they have chosen as one of theirs miners Ebit Miner E10, on ebay I found its price 2,850$, so we round it up to 3,000$. From theirs fund raised, I put 15% down for work, people, storages, shipping, racks, cables etc.
9,661 - 9,661*0,15 = 8,211M$

So let's round it down, for worse estimate, let's say there will be 8M$ left on actual miners.
8 000 000 / 3 000 = 2 666 Miners! Every Ebit Miner E10 has 18TH/s power.
2 666 * 18 = 48 000 TH/s ! So we have 48 PH/s !

Let's put it into calculator - www.whattomine.com -> ASIC -> SHA-256 = 48 000 000 GH/s -> 0.077 $/kWh -> 2.95 PROFIT/DAY in BTC!!

So every day, MinerOne with actual difficulty have profit a 2.95 BTC/DAY!
Monthly 88,5 BTC!
Put it into my previous calculations.
88,5 / 13 000 000 = 680 satoshi/ mio - every month. Lifetime. Let's hope :)
But don't forget to take off 18% on theirs maintanance -> 557 satoshi/ mio.

And you are carefree, stressfree, don't need to change hardware etc. You get the idea :)

Chances that this is SCAM is very low to zero. The reason is, that you can purchase it with bank transfer and thanks to this, it is one of most legitimate ICO's I have seen!

If you liked my post, anyway, dig your own research, follow theirs website on link here: https://minerone.io, read whitepaper and decide for your own!
DISCLAIMER: THIS IS NOT ADVISORY, BEFORE PURCHASING DYOR!

If you are planning on purchasing, please, feel free to use my referal which will give you aditional 4% DISCOUNT!
https://wallet.minerone.io/Referal/49911f61-813c-409e-a1ee-35d0549f49e1

I wish you happy day and keep doing great in crypto world! :)

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