By @SimonCocking we recently featured HydroMiner, so it’s great to hear that their preICO sale today went so well. The article below first appeared on CryptoCoinNews.
Today, HydroMiner, a crypto mining project utilizing green hydro-energy in its facilities located in the Austrian Alps opened a public pre-sale of its H2O tokens. The cap of 1,500 ETH ($429K USD) was reached in less than one hour, to be more precise, within 36 minutes. During this time, 187,500 H2O tokens were sold at a fixed buy-in of 50 ETH (about $10K USD) with a 25%-bonus.
The founders of the project, Nadine and Nicole Damblon, were planning to leave the pre-sale open for a week until the start of the main ICO on October, 3. None of the team members expected the cap to be reach that fast leading to the pre-sale closure.
The main sphere of application of the H2O tokens soon to be released, is the green, eco-friendly and profitable cryptocurrency mining in several facilities across Austria (currently 2 with 5 more to be deployed in the coming weeks). Similarly to the cloud-mining contracts, the H2O tokens will earn about 70% annual ROI generated for their holders from the mining rewards added to the monthly share of the mining net profits.
At the moment, HydroMiner already has 2 fully-operational mining farms that are highly profitable. Following the main ICO starting next week the HydroMiner team will deploy the new mining facilities and improve the productivity of the existing ones. The collected funds will be used to buy and to install the new hardware, to hire more people, to pay for the electricity bills and the rent of the space. The more detailed information on the current state of the project, its development plans and the roadmap is available on the HydroMiner’s official website.
The major Token Sale (ICO) will start next week, on Monday, October 3rd, 2017 at 11:00 am GMT at hydrominer.org. It will last for 4 weeks (unless sold out earlier) and will reward the participants with the following bonuses:
With such huge interest in the profitable crypto-mining HydroMiner can certainly be considered a project worth following and participating in. Taking into account its today’s success, it is highly recommended that you save the date in order to participate.
Follow the official HydroMiner social media channels:
If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCocking
UK-based AI infrastructure and solutions provider, Sovereign AI (S-AI) has selected Accenture (NYSE: ACN), and…
Spanish Point Technologies, a software engineering company and founding Microsoft Partner, has announced the expansion…
Most leadership teams are trying to be responsible about AI. They want clearer rules and…
Vault365, a leading provider of data protection services, has announced that it forecasts revenue growth…
CloudCIX, in conjunction with AlloComp, will host AI FORWARD > Supercomputing the Future, a one-day…
Munster Technological University (MTU) will host a major stakeholder workshop exploring the future of rural…
Irish Tech News are Ireland’s No. 1 Online Tech Publication and often Ireland’s No.1 Tech Podcast too.
You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news
If you’d like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss.
Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience.
You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.