I don't know if the project will be a success (I hope) but I see two very positive things:
- the white paper is complete and professional
- the team is dynamic and available
And that's not bad enough in the current context!
In my eyes a project needs a lot more than the two things you have listed above to be a success. Having a complete whitepaper is great but isn't that the standard with all crypto/blockchain projects? I don't think it's that special.
You are right. I also think that a good project need a bit more than a whitepaper and a visible and active team. They need a good product and a vision. A good progress and further development is also important.
Yeah, there are so many other aspects; marketing, funding, development, functionality. In my opinion there needs to be a real demand for the service for it to be successful.
Jesus lol, if all people need is a 'professional whitepaper' to be successful there'd be so many scam projects. My only concern is that with the BTC difficulty, it won't be profitable at all to mine by the time they get the funds, especially with having to pay for electric.
To be profitable in mining today, you need to invest heavily in equipment and electricity. Anyone cant just use CPU or GPU or FGPA to mine anymore. Thats why securix unlike numerous mining pool has a greater chance of doing well, if they keep to whats in the whitepaper. I cant say how they plan to meet up with the percentages but theyve presented a feasible solution to some factors that determine mining profitability which includes; electricity costs, Power consumption by each miner, volatile btc price which could go as low as 4kUSD, and low participation or entry fees using ICO.
I agree with you! Many among us today don't want to invest in mining anymore due to the non-static movement of cryptocurrency. Mining tools are quite costly and there are many other factors we need to keep in mind, requires time to time management and the most annoying part is the noise.