Post
Topic
Re: [ANN] 💰⛏ 💰⛏ 💰⛏ ICE ROCK MINING ICO2 - LIFETIME PROFIT
by
Airdraw
on 23/10/2018, 14:57:45 UTC
I exited this project as well. Got back most of what I originally invested, so I'm not hurting too bad.

The last minute change to a warehouse with absolutely NO heads up was ridiculous. The cave was the reason I invested in the first place. They promise "coming soon, video from the cave!" then a few weeks later they show a video of everything set up in this new warehouse? Now it's just like any old mining operation, what is it that makes this unique now? I was also pretty horrified by the level of immaturity and lack of professionalism conveyed by management.

Best case, when the 'cave' is at full capacity, you're getting $10, MAYBE $20 per 1000 coins. Along with the rise in difficulty, cost of electricity, COOLING COSTS (because that's a thing now that there's a warehouse), you're going to be lucky to get your investment back in 3 years. But in 1 or 2 years, the money will be all gone, miners will be antiques, and I would be surprised to even see this project turning any sort of profit at that point.

I feel a bit like a hypocrite because I defended this project from the start.. But the last minute changes and complete lack of transparency was just too much. If only they spent as much time keeping investors informed as they did peddling their shitty merchandise and t-shirts, they would probably have far few investors dropping out.