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.
Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit
EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.
The same goes for
every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?
Come on dude.
J. Blasko is very innovative and very oldschool at one time.
There are literally tens if not hundreds of projects on this forum, which went way beyond using the old bitcoin codebase and implemented features like decentralized mixers, ring sigs, super peers, instant txs, witnesses, dpos you name it. All finest innovations in their own way. Even so many projects were coded from scratch.
How can you call that guy innovative according to his past projects? He literally didn't code anything.