Hydrominer ICO To Provide Clean, Green Mining For Anyone To Lease
Concerns over the use of electricity for crypto mining have become a significant issue for the community. Some estimates put the amount of energy used by Bitcoin network as equivalent to 280,000 American households.
Bitcoin miners are quick to point out that the traditional financial industry also uses a large amount of electricity. But crypto-pioneers have always been focused on being better that our existing financial solutions, not just meeting them.
Hydrominer is a new mining startup that is meeting that challenge by providing a
greener and more cost effective way of mining coins.
As the name suggests, Hydrominer will use the natural, renewable source of hydro energy in order to mine cryptocurrency. Not only will this be less expensive than many alternatives it will have a much lower environmental impact.
What Is Mining?
Before explaining exactly what it is Hydrominer does it is worth looking at what mining is. Crypto currency miners use computing capacity to solve mathematical process. They are mining some of the cryptocurrency they are mining. Mining hardware typically operates around the clock and under significant power loads. This makes it a capital and energy intensive endeavor.
Team Behind Hydrominer
Hydrominer was founded in 2016 by two sisters Nicole and Nadine Damblon. The two sisters first started crypto mining in 2014 with a simple home rig in Dusseldorf. From that humble beginning they have expanded to two hydro power stations. CTO for Hydrominer is Christian Vogl, who has been involved in crypto mining since 2012, and joined the company in 2016.
About Hydromining
Hydrominer will be setting up hydro mining power plants in the Alps region. This location provides some of the lowest per kiloWatt energy with the EU. According to Hydrominer’s estimates their average energy costs will be up 85% lower than others in Europe.
Hydroming also benefits from being able to use the Alps water to cool the mining equipment. Again helping to lower costs.
Not only is this less expenses but hydropower is generally considered to be one of, if not the, most environmentally friendly forms of electricity production. Hydropower has a long track record and is simple to implement and manage.
Hydrominer will be using proprietary water cooling technology which enables to them to maintain an extremely low temperature at a high density. This in turn allows for a very high density of mining power in a small space.
Token Sale Key Facts
Bitcoin miners are quick to point out that the traditional financial industry also uses a large amount of electricity. But crypto-pioneers have always been focused on being better that our existing financial solutions, not just meeting them.
Hydrominer is a new mining startup that is meeting that challenge by providing a
greener and more cost effective way of mining coins.
As the name suggests, Hydrominer will use the natural, renewable source of hydro energy in order to mine cryptocurrency. Not only will this be less expensive than many alternatives it will have a much lower environmental impact.
Before explaining exactly what it is Hydrominer does it is worth looking at what mining is. Crypto currency miners use computing capacity to solve mathematical process. They are mining some of the cryptocurrency they are mining. Mining hardware typically operates around the clock and under significant power loads. This makes it a capital and energy intensive endeavor.
Team Behind Hydrominer
Hydrominer was founded in 2016 by two sisters Nicole and Nadine Damblon. The two sisters first started crypto mining in 2014 with a simple home rig in Dusseldorf. From that humble beginning they have expanded to two hydro power stations. CTO for Hydrominer is Christian Vogl, who has been involved in crypto mining since 2012, and joined the company in 2016.
About Hydromining
Hydrominer will be setting up hydro mining power plants in the Alps region. This location provides some of the lowest per kiloWatt energy with the EU. According to Hydrominer’s estimates their average energy costs will be up 85% lower than others in Europe.
Hydroming also benefits from being able to use the Alps water to cool the mining equipment. Again helping to lower costs.
Not only is this less expenses but hydropower is generally considered to be one of, if not the, most environmentally friendly forms of electricity production. Hydropower has a long track record and is simple to implement and manage.
Hydrominer will be using proprietary water cooling technology which enables to them to maintain an extremely low temperature at a high density. This in turn allows for a very high density of mining power in a small space.
- ICO Start October 18th, 10:00 UTC
- ICO End November 15th or if the hardcap of 25,000,000 H2O is reached.
- Token Name: H2O
- Token Supply: 100,000,000
- Tokens available during token sale: 25,000,000
- Exchange Rate: 1 H2O = 0.01 ETH
Conclusion
Mining requires a large amount of electricity. Environmental concerns over this energy usage are only likely to increase as the industry gains greater visibility. Increased competition also means that being as cost effective as possible becomes ever more important. Hydrominer is well positioned to benefits from both of these trends.
Hydrominer has a solid team, with an interesting back story and a good plan for growth. Mining is a well established business with reasonably predictable revenue streams. Backers looking for a safer crypto play should take a close look at this token sale.
Meet The Team
For Further Information , You Can Visit :
Website : https://www.hydrominer.org/
Twitter : https://twitter.com/hydro_miner
Facebook : https://www.facebook.com/hydrominer/
Telegram : https://t.me/Hydrominer
Reddit : https://www.reddit.com/r/HydroMiner/
ANN Thread : https://bitcointalk.org/index.php?topic=2168580.0
Author : citacititut
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1155701
Komentar
Posting Komentar