Post
Topic
Board Marketplace (Altcoins)
Should I start a mining ico ?
by
yvmen
on 07/10/2017, 14:05:56 UTC
Hi all would really like to ask should i start a ICO for mining partner service , but looking at the current announcement, there is a tone of ICO going on without anything.
That make me reconsider the whole structure , let me intro myself what m'i doing , we're a team of 3 person only so far that we owe a mini farm of 40 rig and host for other people another farm of 40 rig.
My planning was to raise a sum of money let say 1000Eth or 50Btc , the money goes
15% leasing and electricity bill
15% operation and maintaince cost
10%- marketing or ico cost / not used then go for airdrop to holder of the coin/token
65%- all goes to the hardware

From the mining profit the distribution:
 80% dividend
 10% to the team
 10% to buy back token

or

50% dividend
30% reinvest into mining equipment
10% team
10% buy back token

I dont have good english so dont flame me for that , just an idea of what i m doing so wishing to expand bigger with more fund on it , so was asking what the view of people on this ?

thanks for your precious comment

yvmen