So, you do accept that the projection is feasible considering people invested in mining earned even a lot more than that in past years. You are sceptical because the crypto market can crash and you can't make any profit. That's the same risk when you buy your own mining rig. There's no free money without risks. Envion obviously put a lot of time and effort into this project, the project makes sense, seems feasible and people made a decision that feasibility outweights the risks. If you wanna create your own mining company, create your project put it out there, and people will invest if it's feasible. If you're afraid they'll run away with your money, that's the same risk with every ICO. Then leave the crypto sphere and sit on your cash, nobody is forcing you to take risks.
To me, calling a 17,7x ROI in 5 years a "conservative" projection is not feasible. When I would sell a mining rig and I put an ad on craigslist saying that this will mine a 1,6 ROI in the next year based on the past year and the current difficulty, every expert would call that a scam ad.
It could still be a very good project though and I invested in it based on the concept, but please, don't have that 17,7x ROI on the front page it is just screaming SCAM. But hey, that's how to attract people. I'm sure 50% of the investors don't even know what mining difficulty means. They might not even know the difference between mineable and nonmineable coins. But they do know what 17,7x 'conservative' ROI means. Especially when you have the drag bar. Even the title of this toppic is "most profitable crypto intrastructure". Where are the calculation sheets?
What are the assumptions they made to get to that 17,7? What independent universitys or experts have verified those sheets and commented on those assumptions? The answer is simple, they don't exist. But still, the idea of getting concerated miners near power plants is not bad.
By what standarts tho? People invested in mining 5 years ago had maybe 1700x ROI. Compared to that it's very conservative. On the internet there are various mining profitability calculators. For example you can very easily find the projections of ROI for Antminer s9 and RX 480. And those projections are a lot higher than 161%. For example ROI for RX 480 is 550%. If you think 161% is scam you clearly have no idea how profitable crypto mining is.