ICO Spotlight | HashHive - A Unique Cryptocurrency Mining Company With Monthly Net-Profit Sharing

VISION AND VALUE PROPOSITION

For readers that are unfamiliar with cryptocurrency mining companies, they are companies that sell a portion of their hash-power (or in layman terms, computer power to solve a math problem called a hash function to find blocks) to reduce return-on-investment (ROI) time by having liquidity to constantly purchase new, and more powerful equipment. It’s can be a win-win contract where the consumer doesn’t have to deal with mining operations and where a miner can have a steady supply of liquidity to update and expand.

I recently wrote a post about a company that was researching immersion cooling. In short, Immersion cooling is when you submerge servers in non-conductive liquid. The technique consumes less power than traditional air-cooled methods and in theory you don’t even need a large data center building. In fact, the owner can control placement just about anywhere it is secure. This of course gives the owner many more options. Furthermore, the technique provides protection from rust, dust, moisture, and damage commonly caused by vibration and friction.

Imagine my surprise when I came across HashHive a few days later after writing the post. HashHive is the only mining company that I’m aware of that will use this non-tradition way to keep servers cooled which will considerably reduce operational costs and increase profit for all participants.

INVESTMENT POTENTIAL

I’m going to skip over the usual remarks about reliability, security, and convenience, because I feel these things should all be a given. In other words, HashHive needs to boost about these areas, but I don’t.

Instead, I’ll look at what HashHive has to say about the result of all of their advantages and look at investment potential.

On a monthly basis, HashHive will distribute 40% of their net profit to token holders. They plan to mine the following cryptocurrencies (subject to change):

• Ethereum (ETH)
• ZCash (ZEC)
• DASH (DASH)
• SiaCoin (SC)
• DECRED (DCR)
• Monero (XMR)

HashHive will target attracting $30,000,000 at their ICO. The majority of the funds (85%) will be used for the equipment purchase. 5% will go to real estate acquisitions, and another 5% for the team. 4% will be earmarked for marketing and the last 1% will go to operational expenses.

The following table is HashHive’s profit calculations depending on how much money they raise during the ICO:

TOKEN UTILITY

CellCoin (CELL) holders can profit in the following three ways:

1. Sell CELL tokens on an exchange.

2. CELL owners can continue to hold and receive monthly profit distributions of 40% of HashHive’s net profit.

3. Use CELL tokens to receive 50% discount to purchase HashHive contracts.

ICO DISTRIBUTION DETAILS

TOKEN SYMBOL: CellCoin (CELL)

CIRCULATION: 1,500,000 at ICO

TOTAL CIRCULATION: 30,000,000

ACCEPTED CURRENCY: BTC/LTC/ETH/ZEC/WAVES

RESTRICTIONS: United States residents are prohibited to participate in ICO.

ICO PHASE	BONUS	EXCHANGE RATE
1st Hour	30%	1 CELL = $20 USD
2-24th Hour	15%	1 CELL = $20 USD
Days 2-3	10%	1 CELL = $20 USD
Days 4-6	5%	1 CELL = $20 USD
Days 7-30	0%	1 CELL = $20 USD

ROADMAP

DATE	MILESTONE
11/19/2017	Token Sale
Q1 2018	Data-Center Organization
Q2 2018	Data Center Launch
Q2 2018	Payment Distribution Start
Q3 2018-Q1 2019	Data Center Expansion/Prep for Cloud Mining
Q3 2018-Q1 2019	Launch Cloud Mining

FINAL THOUGHTS

I’m excited to see HashHive use the immersion cooling technique. Overall, it’s better for the environment and hopefully it will translate into profits for all participants. Maybe this type of cooling will become an industry standard in the future.

As for an investment potential, I like their monthly payment plan to distribute 40% of the net profits to CELL token holders. It is a generous structure if HashHive manages to hit all of their operational targets.

Overall, HashHive looks promising. As I’ve said in other posts, I have been looking for mining company that has all the components to make me comfortable. Perhaps HashHive will be “the one.” I intend to watch HashHive closely for the right time and opportunity to jump in.

REFERENCE LINKS

HashHive Website
ICO Details
Whitepaper
FAQ

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