Post
Topic
Board Altcoin Discussion
Re: ENVION FRAUD
by
fm1984
on 10/12/2017, 20:09:15 UTC
Real people from a real company invited to a real investor meetup in Berlin. They showcased their MMU and everything seemed to be very solid.
It feels you didn't assess this project enough.

That is not the point, I think you don't get it actually. Surely they are real, the main point is


The idea of putting 90 ASIC miners in a container and claiming with 25% reinvestment budget they can compete with large industrial mining farms, in a time difficulty goes up while new miners come every few months, and promising 160% profit in the first year, is RIDICULOUS. They clearly don't understand how the mining industry works. Bitmain D3 and L3+ miners for example barely make profit. Imagine them putting this miners in their MMU. Just do the math! But nice for you that you met this real people! Just don't count on that 160% in first year. I dare you, please invest and let me know in one year how you fared lol