@ Envion
I appreciate your replies but I still have questions. Always looking for good investment, but I am still not convinced. Just wanna say that I am blocked to on your Telegram, your people there are very impolite, they do not answer my question and kicked me out. I was very friendly, but I guess you have something to hide.
I do not think your company is a scam, but I am convinced you are in over your head. I expect delays and broken promises. Maybe in one year your company will be interesting to invest in...
Postponing an ICO is a very bad sign in my opinion... Serious business keeps its deadlines.
That is very nice that you have a ´big bank´investing in crypto, good for you. Would be nice to know which bank! Especially when we in the crypto world know how banks are big fans of cryptocurrency.
Secondly still no answer on where your metal boxes with hot miners will be stationed. Are you planning on putting some next to solar power plant some where with a lot of sun? Where it is hot and not 26 °C, the temperature you mention in WP. Before you say, read the white paper, I have. You talk about using the heat for other purposes but how about performance in hot and humid area´s. Do you have any test done? Where are the results?
WP says: ´Converting our MMUs waste heat into a system where thermal energy is useful provides savings which are directly proportional to the amount of electrical energy being converted by the MMU. Heating expenses, before and after installation of a MMU inside a heated warehouse or greenhouse, can thus be easily assessed and the savings on heating the building can be directly deducted from the MMUs electricity bill. This creates another unique competitive advantage for the envion MMU over conventional mining farms, which are typically installed in remote areas and thus unable to recycle their massive amounts of thermal energy.´
So you gonna put the MMU inside buildings? Who is gonna pay for that?
Secondly, are you putting people, engineers in the containers for maintaining the facility? WP says ´There are fully automated systems in place which detect defective rigs, based on IP address and rig denotations, so that any maintenance worker is able to locate defective hardware within a very limited amount of time.´
So if you have ANY mining experience you should know that a person on the ground is mandatory. All your WP says, you have fancy sensors, but who is going to fix the miners that are broken? Where are your engineers located? Who is paying them?
Last, your WP claims you can fit up to 96 ASIC miners in one MMU( container), so what is going to happen when this miners are outdated? In the current situation it is very likely that every 6 to 9 months new companies will come with more efficient miners. So if a miner would cost 1000$ (very optimistic projection) you will have to spend 96 000 $ to update your MMU. Who is paying that?
Hi. The answers to all these questions are on Telegram. You would still be able to look them up if you hadn't been hostile and had group members ask that you be banned. It's an unfortunate trend that people who cannot be civil on Telegram come to bitcointalk to air their grievances. Asking nicely is a much easier alternative.
But here we are, so here goes:
POSTPONING
Postponing was a no-brainer. We're looking at deals that could rival the size of our ICO and bring greater returns to every token holder. Nobody who manages to get a token on the 15th is going to second-guess that decision.
BANK INFO
We'll give evidence of the cooperation in the coming days even if we can't give the bank name. This is big news for us and a top priority.
TEMPERATURE EXTREMES
Our MMUs work at VERY low temp with outside temperatures in a normal range. Our testing shows that it will work in 40C. Also, if we need to retrofit a container for a special installation location, then we'll do that.
We plan on a number of customization to deal with environmental factors, not just temperature. For example, our latest innovations have to do with shock since micro vibrations can affect chips in the long term.
Right now we have the luxury of choice of where in the world we install. These edge cases are a non-issue to profitability. For some reason, people think the company can't make money because there exist places in the world where X occurs. We just won't take those deals if we can't figure out a way to make money. There are plenty of offers where we can do just fine.
HEATING
Our operating unit is currently inside a factory providing winter heat.
MAINTENANCE
Anyone can put GPUs in a box and call it a mining unit. Our innovation is that we use the same processes that industry uses to design for maintenance, for production lines, and for remote operation. If you are comparing envion to random miners operating in a random corner of the world and not enterprises like Bosch or Samsung, then you don't grasp how we operate.
The MMUs are designed to be as low maintenance as possible. Even thought they are close to zero maintenance, our first customers will host large arrays of dozens of MMUsplaces where it will be cost effective to have maintenance personnel on duty or where power plant personnel can be trained to perform routine activities.
Eventually, we will engineer all of the remaining manual maintenance activities out of the design and it will be possible to install a single unit somewhere where maintenance personnel is not available. Again, for now we have the luxury of choice and all the calculations for this are in the ROI details we've published.
HARDWARE REPLACEMENT
Our calculations include regular hardware replacements due to bad miners or occasional burn out. More importantly, our mining software makes those replacements much less likely.
When the hardware is no longer able to mine profitably, then we use it for something else. Large enterprises as well as startups are investing billions into blockchain technologies and the computational power from these miners can be used to provide the physical infrastructure these businesses rely on. The cost of the container itself is marginal compared to the GPU/ASIC price. When they are completely obsolete and cannot provide any more value, the entire unit will simply be replaced. That's part of what the 25% reinvestment is aboutgrowth and deprecated MMU replacement. That is all part of the ROI calculations.
CLOSING
In the future, when you come to our community channels, be polite. Search the existing content for answers and ask any unanswered questions nicely. If you still have questions, please ask them here. We are listening.