I like the idea , but you have couple of problems .
- Isn't ICO based on mining at this times is not a good idea ! . The mining profitability is at its lowest since very very long time . How you plan to overcome this !
- The total amount from the profit to be distributed to users is 75% ( 50% + 25% to be reinvest ) , there is 25% of the profit gone which I think will take away the low electricity and cheap operation with it . Let alone from this 75% only 50% will be give to investors . I do not understand why would anyone by tokens that will give him 50% profit while he can just order his equipment from amazon and start his own rig and make 100 % of the profit for him self . Can you please explain more what is the other benefits that will make anyone buy tokens and not buy his own rig , clearly the -25% not counted will be weighted with the cheap electricity and cheap operation ! .
hi sir, a few advantages to be mention here.
buying your own rigs are much expensive ( we order miners in bundle which could get us discount)
electricity will be much expensive than us doing all this for you.( we operate using renewable energy)
it might start off slow as profit for mining now is low but who knows in a 2-3months? we do reinvesting so it getting more and miners every months
some people who just dont like the idea of having miners in their place. ( the noise lvl , maintain of miners, heat discharge and more)
csm ico is longterm vision, it not just mining we are implying here. there is lending which tokens will be issue to csm token holders at ratio 1:1 u can read more about lending on our website or join our telegram to ask us any doubts/questions... we are here to build a strong coummunity and trust, we will not encourage you to purchase our tokens or invest if you are unclear of what is going on... visit us on
www.crowdsharemining.org for more info or read the whitepapers... join us on telegram community grp we have admins to help you clear doubts or more answers to your question before you even consider invest/ purchase csm token from our ico.
have a good day ahead sir!