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💎 InnovaMinex already has mining and processing companies in place!
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So far, we have 7 mining projects known internally as GUAYAQUIL, VIZCAYA, BOLÍVAR 2, ANTIOQUIA 3, MINEX 7, MINEX 12 and TOLIMA, which will begin to operate gradually.
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⭐️ The GUAYAQUIL processing plant is already in the construction and assembly stage, and gold ore is being collected for further washing and processing. The start of operations will take place in the first months of 2019.
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⭐️ The TOLIMA project will be the last one to begin, starting in 2022 with the processing of minerals .
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⭐️ All these projects are of underground vein mining kind, i.e., they will extract minerals deposited in fissures, cracks or crevices of a rocky body. We have ongoing contracts on mining till 2068.
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🔹 What is mining and how are we doing it?
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Mining is defined as that activity that focuses on the search, exploitation and extraction of minerals, constituting one of the most important tasks within the primary sector of the economy worldwide. It is in fact one of the oldest existing activities.
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The interest in finding and extracting minerals has remained unchanged through the centuries up to our present day.
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Depending on what type of mineral the mining activity focuses on, one can differentiate between metallic mining - gold, silver or copper, for instance;
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Precious metals should not be underestimated, referring their scope of application only to jewelry. In fact, their use covers many industries that require strength and accuracy, as well as resistance to external influences.
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We will explain to you in the following post the main mining methods and their nature!
Stay tuned and explore more.
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🔺 To learn more about InnovaMinex check our website: https://innovaminex.com/en
⠀
So far, we have 7 mining projects known internally as GUAYAQUIL, VIZCAYA, BOLÍVAR 2, ANTIOQUIA 3, MINEX 7, MINEX 12 and TOLIMA, which will begin to operate gradually.
⠀
⭐️ The GUAYAQUIL processing plant is already in the construction and assembly stage, and gold ore is being collected for further washing and processing. The start of operations will take place in the first months of 2019.
⠀
⭐️ The TOLIMA project will be the last one to begin, starting in 2022 with the processing of minerals .
⠀
⭐️ All these projects are of underground vein mining kind, i.e., they will extract minerals deposited in fissures, cracks or crevices of a rocky body. We have ongoing contracts on mining till 2068.
⠀
🔹 What is mining and how are we doing it?
⠀
Mining is defined as that activity that focuses on the search, exploitation and extraction of minerals, constituting one of the most important tasks within the primary sector of the economy worldwide. It is in fact one of the oldest existing activities.
⠀
The interest in finding and extracting minerals has remained unchanged through the centuries up to our present day.
⠀
Depending on what type of mineral the mining activity focuses on, one can differentiate between metallic mining - gold, silver or copper, for instance;
⠀
Precious metals should not be underestimated, referring their scope of application only to jewelry. In fact, their use covers many industries that require strength and accuracy, as well as resistance to external influences.
⠀
We will explain to you in the following post the main mining methods and their nature!
Stay tuned and explore more.
⠀
🔺 To learn more about InnovaMinex check our website: https://innovaminex.com/en
Only an amateur will assume that precious metals are used only in the jewelry business. They are actively used in aircraft construction, shipbuilding, rocket production. Some precious metals have strength and good conductivity. On ships and airplanes, for example, wires with gold and (if not mistaken) platinum conductors are used.
Precious metals are used very widely. And this, without a doubt - a profitable business, which is worth investing.
Right and we have a lot of relatively young stars that could cater for 500 exawatt humankind industry, serve as suppliers of as more plutonium and gold as is needed to a keep the machines and factories running for another 300k years, and this only few weak stars in the proximity of our solar system. The cost will decrease surely as in 200 years no metals will be needed, only silicone and radium derivatives for production of synthetic organs for my concubines and cheap food for pouches in my yard.
Ignoring the benefits of the industry engaged in the extraction of precious metals now, only because two hundred years later, there will probably be no need for it ... It's like starting now to close hospitals and medical universities, because after two hundred years, at every step it will be possible to buy a pill that can renew all the cells of the body and regenerate even severed limbs. Simply put - this is short-sighted.
We live now. Gold has been relevant for many centuries. For two hundred years, the situation will not change.
I got confused: some people say it can't be centralized, some say it can. Can anybody explain whether or not it is possible technically? Does centralization/decentralization depend on where the mining equipment is concentrated?
Yes. Depends. In order to centralize the system, you need power over the miners. This is easier to achieve if a pool appears on the network with most of the hash of the network.
Because as soon as it becomes centralized it'll cease being Bitcoin, won't it? I've always thought BTC is decentralized by its nature and hierarchy. If it is, how can it be centralized, anyway? Is that possible at all?
Don't worry dude, nothing will change the nature of bitcoin, even if it's a government. the government can only provide rules for data verification later, but they will not be able to force it because of anonymous users, centralization is only present when you join in exchanges under the government
They can. Through mining.
We are waiting when there is a mining giant with the largest hash rate in the network. We begin to regulate crypto currency. We hang tax collections on traders and miners. The main pool with a big percent hash rate offers benefits for mining. You will receive a state-controlled system in which it will be able to block transactions, and monitoring exchanges - attaching data from bank cards to bitcoin wallets.
I've read an article about Bitcoin centralization and I was really surprised. I couldn't believe it was possible. Now I know for sure it is possible even with a decentralized crypto, but I'm not sure about the future. Anything could happen, you know...
After centralization, bitcoin has no meaning. Without decentralization, you can block other people's transactions inside the network. When exchanging a certain purse of bitcoins for fiat currencies on the card, it will be possible to track the electronic trail of a person, and then attach its data to the bitcoin wallet. So we lose our anonymity.
Yes you could be right and there are so many who thinks like you. but you could also be wrong, that is why if they are really just frightening us, I think this months long drops in crypto prices are successful scaring many holders.
for that they scare people to fear losses. The trader should seek benefits in any market fluctuations. And the easiest way is to find a profit in an artificial market created by manipulations. You just need to do what the manipulators do. Namely - to buy.
You are right senior, I sometimes ask myself that they say this BTC has crash, yet many individuals who financially strong are buying and investing heavily in it, what does this portray. They are just trying take what is rightfully ours by just allowing us to sell out the little we have to them cheaply.
It makes no sense to be angry with them for this. This is the meaning of trade. Imagine you are playing poker)
Even simply realizing that the market is being manipulated, each of us is able to find in this movement a point of entry and exit that will bring profit)
You are right, they want us to panic so we sell it as quickly as possible. This is a situation where we are stressed and frustrated because bitcoin and altcoins are down. So we must continue to be patient and not be influenced by anyone. Keep storing what you have. And always try to stay calm and don't panic. Because if you panic then you will experience losses I think. This is just my opinion. Stay calm and don't panic for the holders.
This is not just an opinion. It is truth.
It's hard not to panic when you almost lose all your money. even investors who believe in crypto and experienced markets can easily panic. It is generally useful to wait calmly. be patient and save your money, because if you panic just lose more money. Calm down, and rest assured that bitcoin will soon rise again. I'm sure it will soon rise again .
For bitcoin do not need to panic. He always rises. Manipulation of the crypto currency market is a common thing. Do not buy coins that are not sure. And if you bought something, keep it to the victorious end. Day, two, a month, a year. never mind. Hold it. And the profit will be.
When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
But it's because of these bastards that it's interesting to play on the market)
The technology itself cannot be centralized but in the event of compromise, the exchange sites, mining industries, and Bitcoin or crypto related platforms will become centralized. The governments can only impose regulations for the mentioned platforms to control the activities of Bitcoin and its transactions.
Yes I think it is nearly impossible to happen in the future but if the government will find its way to centralized it then it will be possible by registering our bitcoin address throug kyc I guess.
Centralization will be the end for bitcoin. But if such an opportunity arises, the authorities will press on it to hang a lot of regulatory jokes. I'm not against "moderate regulation." And I think that if the government of any country wants to profit from the crypto currency, then it should be marketed as an independent player. And do not sit around the neck of traders / miners and collect taxes
I've read an article about Bitcoin centralization and I was really surprised. I couldn't believe it was possible. Now I know for sure it is possible even with a decentralized crypto, but I'm not sure about the future. Anything could happen, you know...
Yes. Anything could happen in crypto land, especially if there are a lot of haters (Banks, Governments, Companies, etc) that want to destroy Bitcoin's true value proposition. Depending on their interests (whenever it is political interests, economical interests, etc) they'll try to centralize Bitcoin, effectively destroying it in the future. We've already seen how big mining pools have had a negative influence over Bitcoin's decentralization, as the small miner (the average person) is left behind, while corporations with a lot of money able to afford expensive mining equipment, will be able to participate in Bitcoin's mining consensus.
As far as I know, Satoshi intended Bitcoin's mining process to become accessible to anyone in the world. In the whitepaper, it states: "One CPU, one vote", which clearly shows the whole purpose of Bitcoin which is decentralization. Considering how far ASICs have been developed mostly by a single company (Bitmain), I'm afraid that Bitcoin is heading towards the path of centralization as we know it. Unless further action is done by developers and the community itself to help decentralize Bitcoin, it's future will be such, where Banks and companies will control Bitcoin for their own benefit.
Nevertheless, I believe that if Bitcoin wants to remain decentralized, then it would need to adopt an ASIC-resistant algorithm, or simply change its mining protocol to avoid the creation of mining pools. Other than that, it'll become worse as it heads towards full centralization in the long run. Just my opinion
I've read an article about Bitcoin centralization and I was really surprised. I couldn't believe it was possible. Now I know for sure it is possible even with a decentralized crypto, but I'm not sure about the future. Anything could happen, you know...
Yes. Anything could happen in crypto land, especially if there are a lot of haters (Banks, Governments, Companies, etc) that want to destroy Bitcoin's true value proposition. Depending on their interests (whenever it is political interests, economical interests, etc) they'll try to centralize Bitcoin, effectively destroying it in the future. We've already seen how big mining pools have had a negative influence over Bitcoin's decentralization, as the small miner (the average person) is left behind, while corporations with a lot of money able to afford expensive mining equipment, will be able to participate in Bitcoin's mining consensus.
As far as I know, Satoshi intended Bitcoin's mining process to become accessible to anyone in the world. In the whitepaper, it states: "One CPU, one vote", which clearly shows the whole purpose of Bitcoin which is decentralization. Considering how far ASICs have been developed mostly by a single company (Bitmain), I'm afraid that Bitcoin is heading towards the path of centralization as we know it. Unless further action is done by developers and the community itself to help decentralize Bitcoin, it's future will be such, where Banks and companies will control Bitcoin for their own benefit.
Nevertheless, I believe that if Bitcoin wants to remain decentralized, then it would need to adopt an ASIC-resistant algorithm, or simply change its mining protocol to avoid the creation of mining pools. Other than that, it'll become worse as it heads towards full centralization in the long run. Just my opinion
The centralization of mining was only a matter of time. This is the nature of people, grouped together. Singles-miners are pooled, pools are transformed into organizations. All this is built on greed and the desire to receive benefits. The lone men will be squeezed out of the market very soon.
As Bitcoin mining is partially controlled by Chinese miners, I have a feeling that sometime in the near future, Bitcoin can become centralized if no solution against this is proposed.
If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years.
As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day.
Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for.
If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years.
As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day.
Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for.
Centralize the system that was conceived decentralized. What for? This will not lead to a decrease in volatility. Just a single center will appear that can dictate to all of us its rules and steal money from the total capitalization)
hi for the Bitcoin Society it's very rare, friends and I say so. They argue that the owner of Bitcoin holds coins in the world in the future. what do you think? bitcoin with gold. That is why it might be a treasure for a nation. In the near future bitcoin will likely be a global currency.
no. Not in the few future.
You ignore the fact that crypto-currencies are weakly distributed and in comparison with the entire population of the planet - the share of cryptoentuats is very small. This is clearly not enough for the globalization of bitcoins.
It's not for sure) you're not a fortune-teller.) Suddenly tomorrow I'll sell a controlling stake in some successful business, add honestly accumulated funds in my life and invest them in bitcoin?) Double capitalization)
The price of bitcoin will grow several times and people around the world will talk about bitcoin)
Bitcoin is a new economic form that is contrary to the current form of economic concepts and its features are attractive to global investors so that its popularity is increasing throughout the world.
But bitcoin still needs time and a lot of good advertising)
And capitalization and new investment inflows)
I think obviously bitcoin can be national treasure because the advantages and the technology it uses one day all the countries will use bitcoin for many purposes and then it will be considered as national treasure.
The currency can not be a national treasure. Just like there can not be a payment system. The Internet after all, too, made a success when it appeared. But nobody considers him a national asset. Here we must address the issue of correct moral values. The national treasure, this is one of the levers through which the education of future generations will be built. But we do not need a society where money is higher than morality?
Re: ✦[ANN] ALIGATOCOIN [ALC] - By Drones To The Moon ✦ ONLINE SHOPPING REVOLUTION!✦
♨ We are glad to share with you some good news - ICOpointer Rating Agency has granted AligatoCoin AA rating! This indicates that the experts at this rating agency have highly appreciated the prospects of our project.
ICOpointer experts compare ICO projects using lots of metrics to make the final list. They update statistics every day and you can track the dynamics of any ICO.
Here is AligatoCoin page https://icopointer.com/aligatocoin-
We would like to remind you that the official token sale is underway and now you can become an owner of ALC tokens, available on our website https://aligatocoin.io
ICOpointer experts compare ICO projects using lots of metrics to make the final list. They update statistics every day and you can track the dynamics of any ICO.
Here is AligatoCoin page https://icopointer.com/aligatocoin-
We would like to remind you that the official token sale is underway and now you can become an owner of ALC tokens, available on our website https://aligatocoin.io
A really high score! I wish success to the project!
The concept of project is very unique and smart!
Re: [ANN] STREAMITY ICO --->Decentralized cryptocurrency exchange<---
Hello everybody!
Hello, but how can I exchange usd for eth?)
It's very simple! You should submit a bid. Hello, but how can I exchange usd for eth?)
Sign up, add wallets (PayPal) and eth! Next, choose a deal! Everything is simple!
Re: [ANN] STREAMITY ICO --->Decentralized cryptocurrency exchange<---
Hello everybody!
Hello, but how can I exchange usd for eth?)
It's very simple! You should submit a bid. Hello, but how can I exchange usd for eth?)
Re: [ANN] STREAMITY ICO --->Decentralized cryptocurrency exchange<---
It is first of all great project, bold ideas and solutions. Why would anyone buy stms?
According to Whitepaper, STM tokens will be used to cover services during the development process. Thus, they will be more in demand once the product launches.All the blockchain technologies are on one portal.