Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Λ (APX) APX Ventures | Ubiq-Secured | Crowdfund + Escrow via Bittrex ✔ |
by
APX.Ventures
on 21/04/2017, 00:30:34 UTC
Expecting 300+ BTC to invest into mining with ~3 months to break even is bleeding from a couple of holes:
 - 3 months to ROI is pretty much impossible (even with free electricity) and even with a magic miner it's not sustainable;
 - even if it were true, why would anyone sell/share their golden egg laying goose?

A crypto reviewing service sounds like a noble idea (if it's not susceptible to corruption) but I don't think it warrants even a fraction the amount that is asked.


"This is not your ordinary cloud mining operation"

It sure does sounds like it though; overpromising with some sprinkles on top of it. The whole project seem to ask way too much for way too little to me.


"Through Crypto Review we hope to mitigate a large portion of risk that is commonly found in the blockchain space"

Oh, the irony.


Anyway, just my 2 cents.

Your concerns are understandable. However it is important to note that the mining operation is one aspect of this entire project.
We are conducting an initial test run to see if our estimates of ROI in ~ 3 months are correct. If this test run proves successful we will be expanding the mining operation.
No magic is involved, the APX Team has just managed to negotiate good deals for our mining operations. Furthermore, proof of the mining operation will be provided.
Another important thing to note is that the Crypto Review project is the first of many projects to come.