Choosing The Best Crypto Mining ICO for Investment
Choosing the Best Crypto Mining ICO for Investment
With the rise in mining difficulties, a number of cloud mining companies and home-based businesses are closing to make room for bigger setups and professional miners like Miner Edge.
With a mini-boom in cryptocurrency, there are many mining ICOs underway. But, how can you make the right investment decision? Miner One, Moonlite, Golden Fleece, Ice Rock, Ambit, Hydrominer — all are luring investors with promises of a shot at cryptocurrency mining profits. All are laying out plans to cushion crypto volatility. But not all of them offer the same opportunities.
There is a lot of information to sift through and it can be confusing when making an investment decision. A number of important things should be considered when deciding which crypto mining ICO to invest in.
How Sustainable is it?
Miner Edge will be using 100% green energy; this also happens to be the world’s cheapest from Canada. 25% of net output will be reinvested into research, and equipment upgrades to keep mining operations at maximum efficiency and profitability. This not only extends the lifetime of Miner Edge indefinitely but is also looked upon favorably by hardware manufacturers who are interested in long-term customers with sustainable business models. Check for yourself to see whether other mining ICOs have a sustainability plan like Miner Edge. Most do not!
Where is it Located?
Location matters. Miner Edge miners will be located in Canada .. not in an abandoned bunker in Kazakhstan, which just announced it may ban cryptocurrency mining altogether. Miner Edge is not monkeying with containers or employing any other gimmicks that distract from the basic things that need to be done. Miner Edge is quite simply building the world’s most efficient mining facility. And it has found the ideal location: Winnipeg, Canada – one of the most politically, legally, and economically stable countries in the world.
What Cryptocurrencies Will it Mine?
Miner Edge will be mining a basket of crypto coins to balance the market conditions and bring maximum profits for the entire Miner Edge mining community whereas some miners’ ICO plan to mine just Bitcoin is making them highly volatile and compromising their future.
How will it Obtain Hardware?
Manufacturers of mining equipment don’t deal with just anyone who walks in the door. Credibility and sustainability are important considerations. They want to sell to a long-term customer with clear prospects for success, not an improvised operation that may quickly flop and then liquidate by releasing hundreds of miners onto the secondary market. The Miner Edge Team has established credibility with manufacturers. Three of the world’s leading mining manufacturers — Bitmain, Canaan Creative, and Ebang — have all offered the latest equipment at specially-discounted prices.
What are Maintenance Costs?
When your miners are in an underground bunker, or inside shipping containers scattered around the world, maintenance can be costly. While the motto “think outside the box” can foster innovation in some fields, when it comes to mining, simpler is better…and more profitable. Miner Edge’s decision to concentrate operations in one scalable location, using the already tried and tested data center model, is a simple and efficient decision that guarantees low maintenance costs and maximum profit.
Who are the Team?
Several ICOs are promising to build and manage large-scale mining centers, but don’t seem to involve people with the necessary know-how. Teams comprised largely of marketing experts or serial entrepreneurs, as in the case of Ice Rock and Moonlite, may have a tough time delivering on the technical side of things.
By comparison, the Miner Edge support staff team consists primarily of data center and IT industry specialists with a high degree of technical knowledge and experience in data center construction and management.
How Detailed is the White Paper?
The Miner Edge White Paper is comprehensive and details every significant aspect of the proposed cryptocurrency mining operation. In contrast, Golden Fleece has been criticized by reviewers for a lack of information about its legal status, projected payout scenarios, and location accuracy. Ice Rock is known for being unclear about cooling and ventilation in its bunker in Kazakhstan they plan to use. Meanwhile, reviews of TerraMiner point to possible issues with proof of concept and development strategy due to lack of information in the company’s white paper.
How Much for Payouts?
Golden Fleece, Ice Rock, and TerraMiner allocate only 50 percent of output to payouts. Then who gets the rest? Miner Edge, on the other hand, will distribute 75 percent of net output (that’s output minus electricity and maintenance, which we estimate will be no more than 4–5%) to MET Token Holders and balance 25 % to be reinvested in redevelopment and upgrades.
About Miner Edge:
Miner Edge is launching its ICO with huge benefits for investors and community members. The most notable of them are 9% return on investment to token holders each month and 109% of the future revenues. This huge margin of profit sharing has never been proposed by any other organization before. Miner Edge believes in strengthening cryptocurrency by spreading its benefits among people. Our ICO will strengthen us to make our vision possible. Therefore, we encourage more & more investors to participate in this marathon.
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