Mintmine is doing a mining IEO. Mining, unlike some other crypto niche is extremely profitable.
Has anyone else done a mining IEO before? How did tokens perform?
Extremely profitable? Are you sure?
As far as i know crypto mining is on its way out and is now only for large companies that have the capital to do it in scale. Small time mining operations will be hard-pressed and being pushed out because they can't compete with these huge companies that have almost free electricity.
Indeed, Mining farm who can manage to scale the market and have a good numbers of mining tools that can compete with this surviving market, though there's still chance for new project but it's a risk to anyone to invest in and participate, mining business if can't show any real proof that they've got the right equipments and they are located from the place where electricity is competitive to run business., otherwise, it will be another promises like ponzi type of system.