HYDROMINER: Eco-Friendly Crypto Mining
Two years back, two youngsters from Vienna and Düsseldorf, namely, Nadine and Nicole Damblon, inspired by a common friend from the US, started to mine crypto currencies. After a year of beneficial mining, some friends wanted to invest in their mining business and the mining farm grew bigger, soon outgrowing their small apartment. In late 2015, they reached the maximum amount of electricity that they could receive in their apartments. That’s when they realized that the lowest price per unit of energy would decide the success of mining operations in the future.
Hydrominer:
Hydro power is one of the most effective and lowest-cost renewable energy resources. A crypto currency miner provides computing capacity to solve mathematical problems. HydroMiner is a crypto currency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. It is environmentally friendly, carbon-neutral and natural. HydroMiner believes in transparency and publishes its current locations and locations financed through this Token Sale.
HydroMiner mines all ascendible crypto currencies. Keeping payouts and liquidity on priority, Hydrominer remains flexible about the usage of mining pools. HydroMiner’s pricing is structured using obtainable power left for mining. HydroMiner maximizes the profits, while keeping in place the judicious use of resources.
With the investment, the ICO participant pays for the hardware and setup for a specific number of watts and then receives profit payouts corresponding to the number of watts purchased. In the ICO, the price of one H2O Token is based on the cost of equipment for a single watt and the payout is based on the net profits earned for that watt. In comparison to the traditional methods of paying per hash-rate, Hydrominer’s solutions are far better and profitable in the long run.
As of now, the company has two hydropower stations that are operational: -
1 ) Schönberg in Lower Austria (Hydro 1)
It has equipped a 290-kW hydropower station with a total of 120 units, each having around 6 to 10 GPUs. The average cost of electricity in Schönberg is 4.5 cents per kW•h.
2 ) Murau in Styria (Hydro 2)
They are currently equipping another power station whose maximum capacity would be 700 kW. The average cost of electricity in Murau is 4.5 cents per kW•h.
HydroMiner Technology:
The HydroMiner team has built over 20 mining facilities, from small in-housemining stations to large farms, mainly in power stations and containers. Almost all of the facilities are air-cooled and vary in size and output. Over time, we have come to the conclusion that hydro power stations are ideal for crypto mining, because of the low energy cost and because the water can be used for cooling. The use of containers is a good solution when it comes to flexibility, density and profitability, and can be implemented in almost every location. Using 3M’s liquid cooling also enable us to run the most demanding mining software on GPUs, as well as CPUs, without stressing the material or impacting its quality or lifespan.
Using the proceeds of the ICO, the HydroMiner team will equip more hydro power stations in the Alps. HydroMiner has various options for power stations. In Styria for example, there is an option to place units in containers at a facility with an output of up to 12,000 kW. Other smaller facilities are also available in southern Germany, with a range from 500 kW to 4,500 kW. This project has proven to be exceptionally good and unlike other projects, they already have a past performance for winning trust. Solutions taken by this company to use the green electricity and increase the mining profits are unique. The company promises a bright future for the customers engaged with it.
ICO Details
The ICO of H2O tokens Starts 9th October 2017
pre-sale started on 25th September 2017
Total 25,000,000 H2O tokens up for sale
For more information please visit:
Website: https://www.hydrominer.org/
Whitepaper: https://www.hydrominer.org/wp-content/uploads/HydroMiner.pdf
Written By: karanj
still wondering how this works
great post and upvoted
do the same back in my post page
Read the white paper, it is laid out very cearly