Advantages of Investing in Hydrominer
What Is Miner ...?
A crypto currency miner provides computing capacity to solve mathematical problems. As a reward, the miner gets the crypto currency of the blockchain it is helping secure. The miner consists of a piece of equipment operating 24/7 under extremely high load, so failures and breakdowns are quite common. Miners have to be shipped to service centers for repairs, which takes time, especially if a service center is located abroad. And, every day of downtime means a loss of mining profit. HydroMiner’s power stations, however, are located within three hours from our headquarters, minimizing any downtime, thereby achieving more efficient mining. It is common practice in the industry not to disclose the details of mining facilities, including their locations, in order to preserve trade secrets and shut competitors out of inexpensive power locations. HydroMiner believes in transparency and publishes its current locations and locations financed through this Token Sale. In fact, we even offered guided tours and invite you to spend a weekend in the beautiful Alpine regions of Austria
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.
HydroMiner, found online at HydroMiner.org, is a cryptocurrency mining operation that uses hydroelectric electricity to power its miners. It also uses water-cooling to keep the rigs at a safe operating temperature. One of the criticisms of cryptocurrency and blockchain technology is that they require enormous amounts of power to operate. Without cryptography, blockchain and cryptocurrencies lose their security. Unfortunately, breaking that cryptography requires lots of electricity, and much of that electricity comes from non-renewable sources.
Mining the Virtual Economy : First of all, because it needs a lot of energy - bitcoin mining alone uses as much energy as a small European country. However, it is not always environmentally friendly and can cause an increased carbon footprint. This is the reason Hydrominer has decided to use the power stations in the Alps: to get cheap energy and to use cold water for cooling the mining equipment - this leads to greater profits and increased efficiency.
Roadmap Of HydroMiner
Challenges Met along the Way
A miner operates 24 hours a day, 7 days a week, under extremely high load — so, failures and breakdowns are quite common. Every downtime is equivalent to loss of money and profit — so first of all, you need a reliable monitoring software to detect problems. Hydrominer offers proprietary solutions for monitoring and gaining remote access to the miners. The space within a hydropower is usually tight. Sometimes you can not even fit equipment inside the station. So, Hydrominer has developed a standard setup built on a sea-freight container — this makes it easy for the equipment to be kept in one place, right next to a power station. The team at Hydrominer found new ways to fit the hardware inside the limited space available in such a container — nevertheless, they made sure that the cooling of the equipment is done in a proper manner. By using water cooling systems (the water comes directly from the hydro power plants), the temperature levels are easily maintained, even if the density is very high. This is crucial for the highest possible mining power, in the small place available at hydro power stations.
Hydro power offers two very interesting advantages in mining. First of all, all such factories are based in the mountain regions of Austria, which are naturally cooler. So, Hydrominer spends less for energy — it uses the water for cooling. Also, it works with a new technology for cooling — that uses 90% less space and 20% less energy. Moreover, it does not need air ventilation.
Some Advantages of Investing in Hydrominer :
- Environmentally friendly :Hydrominer uses hydropower to generate electricity - this makes it one of the most environmentally friendly start ups in the world. In just a few words, hydropower uses the energy of falling or fast running water to create electricity. This has been considered one of the most easy ways to harness renewable source of energy.
- Efficient in terms of cost : Investing in hydro power is not always an easy process, regardless of the area it is implemented in. However, Hydrominer chose one of the best places in Europe - the Alps. Here, it has a tremendous advantage - it has access to up to 85% lower energy prices than the European average. This is what makes Hydrominer so cost effective - it places the crypto mining equipment directly insides these hydro power stations!
- Lucrative : The vision of Hydrominer is to continuously invest in the quality of the mining equipment, in order to be among the top players of this industry. This hard work, together with a strong strategy, always brings successful results.
- Austrian : Part of the Western Europe, Austria has one of the strongest economies. Hydrominer is based in Vienna (capital of Austria) and offers open hours and guided tours for people who want to learn more about this company or invest in it.
- The team : Hydrominer would not be here today if it had not been for the great team of experts that created this startup. Many specialists in crypto mining, software and business development have united their efforts to start this new company.
Hydro Power Station in Operation
Langenlois in Lower Austria (Hydro 1)
In Langenlois, the HydroMiner team has equipped a 290 kW hydro power station with a total of 120 units, each with between 6 and 10 GPUs. Besides installing the units, HydroMiner had to adapt the power station’s electric system to fit the equipment. Due to the very small amount of space available and the impossibility of using a co-located container, this was a very challenging project. However, this particular power station has a very stable supply of energy and is in very good condition. HydroMiner rents the whole power station and has a purchase option until the end of 2018. In Langenlois, the average price per kWh is about 4.5 cents.
Waidhofen an der Ybbs (Hydro 2)
In Waidhofen, HydroMiner is currently equipping another power station with a maximum capacity of 700 kW. This project is realized in a smaller 20-foot container with a capacity of up to 150 GPU-based units and 100 Bitcoin miners. This power station is a large hydro power station and has just recently been overhauled. There is sufficient energy for up to 3 containers without any interruptions, even at low water levels. In this location, HydroMiner has a energy purchase contract with a variable price over time and depending on water levels.
Profit from Mining
Currently, Hydrominer owns two power stations near Vienna, Austria. They are fully up and running with an output of 60 Gigahertz mining power of Ethereum and other crypto currencies. Until now, these two were financed by Hydrominer and a few local investors. Now, being so close to the token sale, Hydrominer wants to give more investors the chance to be part of this profitable eco-friendly mining business.
How Does HydroMiner Work …?
HydroMiner is based in Vienna, Austria. The company claims to place its mining equipment “directly in hydro power stations in the Alps region”, which allows them to enjoy “up to 85% lower energy prices than European average.” Europe is one of the least miner-friendly regions in the world. Europeans pay high electricity prices, making mining not as profitable as it is in other parts of the world — say, North America, China, or any region with easy access to renewable energy sources.
In the Alps, however, the company has access to cheap hydroelectric power. They claim to have a guaranteed contract where they pay about 10 cents per kWh — which is about the average priced paid in North America for electricity.
HydroMiner claims to mine “all scalable currencies.” The platform chooses which currency to mine based on “software algorithms”. HydroMiner also jumps between mining pools.
Right now, the company is mining 40% ETH, 20% ETC, 20% ZEC, and 20% SC and others
HydroMiner owns one fully operational hydro power station, with a second one rented. The hardware is scheduled for deployment on the second one in September. The first one is in Schönberg in Lower Austria, while the second is in Murau in Styria. With further funding, HydroMiner wants to expand their operations in Styria while also branching into available power supplies in southern Germany. In terms of the actual mining operations, HydroMiner fills shipping containers with mining rigs, then drops them close to the hydroelectric dams. The company uses water-cooling to keep its miners at a comfortable temperature while also enjoying cheap electrical costs from the dam.
For More Information You are Can Visit The Link Below :
Website : https://www.hydrominer.org/
Whitepaper : https://www.hydrominer.org/wp-content/uploads/HydroMiner.pdf
Ann Thread : https://bitcointalk.org/index.php?topic=2168580.0
Telegram : https://t.me/Hydrominer
Reddit : https://www.reddit.com/r/hydrominer/
Twitter : https://twitter.com/hydro_miner
Facebook : https://web.facebook.com/hydrominer/
Created By : Panda_Pendek
My Bitcointalk Profil : https://bitcointalk.org/index.php?action=profile;u=1185206
My Ethereum Address : 0xaC13F35Eb6662986d5477267294Fe62c529A6b0d
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