Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MNM][LAUNCHED] MINEUM |x13| PoW STARTED
by
ZenFr
on 04/05/2017, 14:07:05 UTC
If you look at the expected ROI for mining equipment, I think the returns are reasonable.
ROI for a mining rig is usually about 12 months not including any location costs.
The mineum team raised about $60,000 and is currently paying about $5000 in dividends each month, giving it a ROI of 12 months.

Keeping your BTC would have been a better investment, but your ROI is what you would expect from mining.
Be carreful : your numbers are totally false.

Right numbers are :
ICO average price : 3002 sats (source : ANtho281)
Dividends from the first day to today, per MNMs (2016-july -> 2017-march = 9 months) : 236 sats, then an average of 236/9 = 26,22 sats/month
For a 12 months ROI, dividends should be 3002/12 = 250,17 sats/month
Real numbers are 10 times less !
And the real ROI is 3002/26,22 = 114,49 months = 9,54 years !!!

The performance of this mining farm is a disaster.
Even me I do much better with my little miners and a price of electricity 3 times more expensive.

Please, do your calculations accurately and with the real numbers.
And do not mislead others.

Well... that's not the way you can calculated an ROI .. since you already / still hold the coins...
That says, from the beginning, we sent a total of ~23.9 BTC. At current rate, it represent 37 379,60 USD$. From the ICO we earned about 55 000$ USD. That says, we have sent 68% of what we collected in less than a year.
Now, what you did with your own BTCs, is your choice. But do not forget that we have bills to pay and many other improvement that we had to pay to make that mining operation possible.
There is only way to calculate an ROI : Expenditure / income, in the same currency, off course and here this is Bitcoin, only Bitcoin.
During the ICO we have not buy our MNMs in $, $ CAD, RMB or €, but with Bitcoins.
And incomes are not in $, $ CAD $, RMB or €, but with Bitcoins.
ROI can only be calculate in Bitcoin !

If you use $ or CAD $..., you use the increase of the bitcoin for maskings a part of the Mineum disaster.
You know that I'm right and I am very disappointed that you use this type of trickery to try to deceive people: it is simply dishonest and it is not the Antho that I thought I knew

Yes, I do what I want with my Bitcoins, but you can not do what you want with those of the ICO and the least is to do everything to ensure profitability. For investors, we are very far: 9.5 years !
For my part, I was probably wrong to invest in Mineum.