HydroMiner is a cryptocurrency mining company that operates on green energy drawn from hydropower stations in the Europian Alpian region.
HydroMiner is a cryptocurrency mining company that operates on green energy drawn from hydropower stations in the Europian Alpian region. From two home mining machines in an apartment in 2014, it has grown today into a large-scale mining operation powered by carbon-neutral hydro power stations.
It was from here that the HydroMiner founders hit upon the idea of bringing clean energy to the power-hungry business of mining crypto and so the HydroMiner project was born.
If you haven’t caught up yet to one of the industry’s most refreshingly unique opportunities, here are 10 reasons to help you make up your mind.
Crypto mining – which runs mainly on electricity from fossil-fuel – generates an estimated 18.18 million tonnes of CO2 annually, taking up about 0.2% of the global carbon footprint.
Renewable energy is proven to have the least impact on the environment in terms of CO2 emissions from electricity generation – and hydro power is the cleanest among them, generating only 5% of CO2 compared to fossil fuel.
Cryptocurrency mining is here to stay. Yet our planet needs a revolution in the way we mine if we are to ensure a sustainable future for the environment and crypto to co-exist. And the win-win alternative has arrived in the form of Hydrominer. Green mining is the future of cryptocurrency.
The incredible number of new ICOs launching in 2017 reflects the surge of interest in blockchain- and crypto-based initiatives. But most of them are untested in the real world, with unproven profitability.
HydroMiner benefits from a proven track record of consistent profitability. What’s more, when compared to competitors in similar industries open to the public such as cloud mining, HydroMiner is clearly the forerunner in terms of profit.
Even if you’re not sold by an environmentally-friendly alternative, hydropower is cheaper than most other alternatives. In fact, HydroMiner’s cost of electricity is currently 85% lower than the average in Europe – putting it within competitive range of geographical regions with cheap electricity such as China and North Europe.
That’s not just marketing, that’s basic economic sense!
HydroMiner recognizes that ICOs have begun to come under increasing scrutiny from financial and regulatory bodies. With even the EU Parliament holding a meeting recently to discuss cryptocurrency regulation, it is only a matter of time before ICOs and blockchain projects will be subject to strict regulation.
In view of this, it has acted pre-emptively to ensure that its project is prepared to navigate the ever-evolving environment of regulatory, legal and tax frameworks.
Having engaged with legal firm Stadler Völkel to incorporate HydroMiner as a Limited Liability Company in Austria, the company has also fine-tuned its token sale model to ensure compliance with all relevant Austrian legal regulations.
HydroMiner’s revised model of tokenization reflects its mission to safeguard the security and assurance of its users’ funds. To protect the business from potential complexities that would apply to a security, HydroMiner has now established the H2O token as a voucher issued to represent mining time credits.
In line with a more viable and realistic business structure, payments to users will reflect revenue generated directly from the activation of mining credits redeemed, for as long as they remain active.
Without a dividend-based structure or buy-back agreements, HydroMiner tokens can no longer be considered as securities, bringing the business into full compliance with the necessary requirements of the entire spectrum of Austrian financial and market regulations, including the Austrian commercial code.
While the major cryptocurrencies such as Bitcoin and Ether have generally positive outlooks in terms of price for the foreseeable future, the market will always be extremely volatile.
To ensure that the business will always be profitable, HydroMiner enables the user to mine from a wide range of cryptocurrencies according to their own risk appetites. Users can even choose options that mine the most profitable crypto.
Users are not tied down to a single crypto and have the freedom to switch or hedge at any time, without worry of being caught out by market crashes on a single crypto.
HydroMiner began life in 2014 as a modest home mining rig run by sisters Nadine and Nicole Damblon in their own apartments. They have come a long way since, and today are CEO and CFO of HydroMiner, respectively.
The Damblons are still very much part of HydroMiner in every aspect, from public facing to running the day-to-day at their power stations. They have been incredibly active and continue to be visible in HydroMiner developments, empowering and inspiring women on the sidelines of crypto.
In an industry dominated by men in corporate suits and computer geeks, the Damblon sisters are a revolution in their own right, showing that women are just as good (if not better than!) as men at running a crypto mining business.
If there is any indication of how appealing the HydroMiner opportunity is, its intense performance at the pre-sale supports the demand.
On September 25, HydroMiner launched a week-long pre-sale, putting up 187,500 H2O tokens for sale. However, that week proved to too long, as in only 36 minutes, every token was snapped up by eager investors, raising 1,500 ETH ($ 429,000)!
They did even better on the first day of the main ICO on October 18, raising 1,500 ETH in 30 minutes!
HydroMiner’s partnership with the Bancor network will mean that market participant will always be able to liquidate or purchase H2O tokens without ever having to find a counterparty to buy or sell tokens.
Users no longer need to wait for centralized exchanges to list H2O, or worry if it’s safe to entrust third party services with their funds and wallets. Eliminating the potential risks faced with centralized exchanges is a major advantage to HydroMiner investors.
Bancor’s ground-breaking protocol provides liquidity to tokens based on the Ethereum blockchain through the use of currency reserves.
HyrdroMiner will set up a Bancor token changer, BNTH2O, and deposit 1% of ICO proceeds into the token changer smart contract. This token changer is scheduled to be operation within 30 days after the end of the HydroMiner ICO.
HydroMiner has always been forward with its developments, updating investors regularly through multiple channels including multiple news portals and social media platforms. They even reach out to community influencers such as Andreas Achleithner of Coin Advisors to keep investors abreast of events as they unfold.
Even when it comes to difficult decisions, such as with the revisions to the tokenized model in view of regulatory measures, HydroMiner participants can always look forward to openness and transparency from HydroMiner.
If there’s any doubt, which other ICO project welcomes investors to visit and tour their facilities in the Alps?
When it comes to generating a steady, predictable and significant income from the lucrative industry of cryptocurrency mining, HydroPower is unmatched in ease of use and management-free earning.
With conventional cloud mining, contracts are based on hash power, which has an underlying price of currency, often leading to abrupt drops in profitability and outright losses. HydroMiner operates on the basis of electricity cost, which provides a long-term, predictable and consistent means of profitability for the user.
With home mining, users have to worry about tweaking and maintaining setups for increasingly complex hardware and software, requiring active participation and monitoring of operations.
HydroMiner is plain fire and forget. Users need only redeem tokens on the platform for mining credits, sit back and collect earnings.
Click here to participate in the future of crypto mining.