Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).
Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?
Thank you for your opinion.
Let me go deeper in CloudPack.
At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve
The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.
You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.
J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.