ICO HydroMiner

in #ico7 years ago (edited)

  HydroMiner is a crypto currency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. 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 us to manage resources sustainably and enables low-emission production. 


What’s more, the technology is simple, controllable and has an excellent track record. Using hydro power stations in the Alps region, we reach one of the lowest prices per kiloWatt in Europe. In fact, our cost of electricity is currently 85% lower than the average in Europe. In addition, we realize further cost savings by using the water for cooling our mining equipment. In fact, we are able to compete in energy prices with Northern Europe and China. Not only is hydro power mining ecologically friendly, but it is also profitable. HydroMiner mines all scalable crypto currencies. The decision as to what currency to mine is made by software algorithms, which choose the best option available at any moment. 

HydroMiner is also flexible about the mining pools it uses, depending on payouts and liquidity among other factors. Where possible, mining equipment is built inside standard sea freight containers. The advantage is that containers can easily be assembled near our headquarters in Vienna, Austria, and then taken to the hydro power station. Another advantage is that we have a proven method for equipping containers with mining gear using extremely effective cooling and ventilation equipment. 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. The average cost for one fully equipped container is between 350.000 and 650,000 USD, depending on the hardware used and the cooling technology.


With our upcoming ICO, we are selling H2O Tokens that enable investors to participate in the profits of the mining operation. We have currently rented, with the option to buy, two hydroelectric power stations in Austria. We use the room inside the stations or place containers nearby to avoid the high network costs for the power lines. Additionally, our proprietary cooling system allows us to save considerable space so that we can significantly increase the number of GPU cards per square meter compared to other mining projects. We will use the ICO proceeds to further scale up our mining operation in additional hydro power stations.     -


Website: https://www.hydrominer.org/

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