A Decentralized Crypto Farm
MinerOne is a crowdfunded mining operation project based in Sweden. It utilizes low cost electricity and the best mining equipement to mine for crypto currencies. In essence it is a decentralized system for mining crypto and everyone holding their MIO tokens will get regular payouts of the cryptocurrencies being mined at their facility. At first they will focus on mining Bitcoin with ASIC miners, but they will expand their operations to be able to mine other currencies with graphics cards in the future. Take a look at this short video:
MIO tokens are ERC20 compatible token on the Ethereum network. What I personally like about this project is the decentralized system, in which everyone who has MIO tokens parked at their B-Wallet app will get part of the profits of the mining farm based on the amount of tokens they hold. The functionality of the system is based on smart contracts on the Ethereum network and the whole system will be as much transparent as possible including information about current workings of the mining equipment, hashrate, and data about the community.
With today's best technology, maximum safety and security and access to low electricity rates, will make mining secure, safe and efficient.
-- Pranas Slušnys CEO & Co-founder of MinerOne
One of the key aspects worth mentioning when reviewing MinerOne is the so-called "Cushion" effect which in turn is the capability of the mining farm to continue mining for Bitcoins even the price drops to $1500 - $2500. The low cost electricity €0.065 ($0.08) makes this effect possible so your investment will generate income in the case if the value of the crypto market drops significantly. The length of the mining contract is based on the lifetime of the equipment, and if you want to learn more you can read MinerOne White Paper.
The ICO crowd sale lasts until May 14th this year and mining is planned to start in July this year. If you are considering to invest in this ICO here is a link to do so and get the early birds discounts for your first MIO tokens. Take a look at the detailed yearly roadmap on their site for more information about schedules. For more information check out MineOne's social channels: Twitter, Telegram, or read more about the official announcement on BitcoinTalk. If you think there is another important point to mention about MinerOne, leave your thoughts in the comment section.
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This is not a financial advice and I am not an financial professional. Before considering investing, try to research as much as possible so you can make more informed decisions. Always invest as much as you can afford to lose.