Browsing your website, it seems that the green energy that you're talking about is - wind, solar, hydro.
That's based from your photos. And this is not the first time to use the blockchain utilizing renewable energy for mining.
And are all those infrastructures existing already or are you still in the planning stage for that?
This is just like cloud mining services. You're buying your share in the mining facility. And I don't trust cloud mining platforms. Just my thoughts though.
Read the white paper properly please. We deliver a solution for all those cloud mining projects.
Firstly our attorney files every contributor in a legal document that you own a particular share of the mining hardware. And every contributor receives a copy.
Secondly you don't close a mining contract with us. The hardware is automatically linked to the tokens. So you can quit whenever you want. If you sell your tokens you give up your rights as owner and right to receive weekly returns.
Thirdly as soon as our mining facility is fully operational there will be a platform where contributors can follow the mining in real time.
Compared to a cloud mining service we will be fully transparent, contributors not tied to an unprofitable contract, and all returns will be managed and processed by our smart contract which every contributor can verify. We are absolutely no shady, scammy or ponzi cloudmining service.
You don't have to put money in a payment platform. Its simple, you buy tokens and you own a particular part of the hardware which will be filed in a legal document and delivered to you. Beside that we don't charge any fee like cloud mining does. We offer a service and as reward we keep a percentage of the tokens which will generate returns for us. We only act as organizer of the bulk purchase and deployment of the facilities.
According to the mining facilities and resources.
Our first location is already locked. Our first facility will be in South Africa and will be provide with on grid power which contains 91% electricity generated with wind turbines and solar power plant. This will be our core facility and from there on we build out our new facilities.
We are negotiating with several possible partners in Europe, US and Asia for our next facilities. Depending on the most profitable location it is not yet determined if it will be a hydro, solar or wind turbine plant. We have several options open and we are prospecting with our local engineers which on will be the most profitable.
But we are already set to fully deploy our facility in SA.
So you don't like cloud mining services, neither do i. And ETHernitymining can't be compared with any cloud mining services.
Summary:
-Not tied to a contract. You can buy or sell your tokens whenever you want which means you can buy and sell mining hardware at any time.
-transparency. Legalized docs by our attorney + visits to our facility possible at any time + platform to follow our mining in real time + verifiable in the smart contract.
-No service fees that decrease your returns.
-No unprofitable cloud mining contract. By our bonus rigs on purchase + 20% reinvestment we can manage to stay profitable for a way longer period. By the reinvestment we can let our mining capacity grow with 2-4% monthly without fresh funds need to be added.
-earnings distributed by our smart contract directly in the token holder his personal wallet. Fully verifiable. So no need to signup on a platform, no worries to get hacked or scammed, don't have to wait till you reached your minimum withdraw limit.
And you are fully covered. All purchases are legalized by an attorney and filed. In legal documents will be stated that ETHernitymining only has a certain percentage of the tokens and hardware.
We will also have a smart contract available for possible disputes. If you hold tokens you will be able to receive a request an official document which contains how much you own of the hardware according to the amount of tokens you hold.
So i don't think this project can be compared with cloud mining in any way