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Showing 5 of 5 results by SanjaySen
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Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
SanjaySen
on 12/02/2018, 05:44:27 UTC
Anyone noticed the shift of strategy Envion made:
- No standard shipping containers anymore? Because it is cheaper? Huh?
- 600 MMU by summer? will this be the total number from the ICO funds?
- 600 MMU by summer? That is 120/month. That is 6/day. Well, presumably at different locations (I saw a post about this)
- but where are these locations, where is the new assemby line, if not in China? No update on the new location(s). Why? Almost all other miners reveal at least the country (Iceland, eg.)
- has anyone checked the swiss official gazette of Commerce recently? Any changes to the AG? DYOR guys and make conclusions.
- Are these questions legit? Or more a secret?

And finally:
Anyone noticed the change of attitude by admins in telegram channel recently? Members (investors!) getting banned for asking questions. No FUD, they just have asked valid questions.

Don't get me wrong, but I have the feeling, that it's not all on the table at the moment.
I am opened to discuss these issues with you guys. Please convince me, that I am wrong. Again... it is my feeling.

Any Envion official to take the time answer these topics?
No more time for paper folding and showing us miniature containers in a vid. This time is over now, guys!

 Angry
I am on the same page as you. I asked some pretty straight forward business questions and as a result got blocked from posting on their "Envion" FB page. Not sure if the Envion team is professional enough to handle my investment & my interest. I was very confident in their abilities before & during the ICO but see a marked change post ICO - because of which I am loosing my confidence. Some of the responses on FB are outright rude & childish.

To all the guys who will start jumping on reading this quickly classifying this as FUD and indulging in reckless name-calling:
No I am not a blind supporter when it comes to my hard earned money. I need objective answers and am more than happy & reasonable to listen to reason & commend it!

For everybody's information these were the questions I asked:
a) What is the update on your business plan?
b) How did the meetings in China go?
c) What does the high level production schedule look like as of today?
d) Before & during the ICO Envion had said that the payouts would start trickling by end of January? We are in February now - so when is the new revised date for the payouts to start?


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Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
SanjaySen
on 12/01/2018, 06:36:43 UTC
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Topic
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
SanjaySen
on 17/12/2017, 05:06:55 UTC
If you look at the forecast for Envion, the revenue production far outweighs the expense.
Mining is very profitable. The thing about capitalism and supply and demand is that this gap is closed, in time. Unless there are barriers to entry such as patents that prevent this. This is looking down the road, at when the gap is closing - when that happens it will be about who can minimize their expenses to keep that margin. For now, all miner are gold. We don't know how long that will last, but I think its safe to say that there is a hefty profit that will still be there in 12 months. With increase in crypto value comes an increase in miners which causes an increase in the difficulty, which brings down the profitability of mining. It is this fine balance that we will carry into the future and will determine who makes money and for how long. Envion's business plan is to stay flexible and have ingenuity in their approach. They are funding this with an ICO to speed up the process and be first to market. The are looking to secure contracts that are win-win and will stay in place and hopefully grow over the next while. These contracts will lower the expense to a much lower amount than your typical mining farm and i believe this will allow Envion to remain in the mining game, perhaps above other typical mining farms. They are working on scenarios where companies pay THEM to mine in order to heat their facilities... with the narrowing of the gap though, profits decrease and other miners that cant compete will go offline, which increases profits, and such is the delicate balance. But for the near future, there is profit for everyone, and their speed will help them in growing an in returning our investment in a relatively short period of time. Its in Envion's hands now to execute. I'm pumped for it!

What happens when things start majorly shifting from Proof of Work to Proof of Stake (e.g.  Tangle/ HashGraph) making mining irrelevant?
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Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
SanjaySen
on 29/11/2017, 12:59:02 UTC
I hold my ETH in a Ledger Wallet. Can I transfer from my Ledger Wallet and receive tokens back on the same?
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Topic
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
SanjaySen
on 24/11/2017, 12:59:18 UTC
There is a lot of buzz around Hashgraph and how it specifically better than Blockchain with the potential to make it obsolete.
One of the key benefit over Blockchain is stated as and I quote:
"Inexpensive: avoids proof-of-work (PoW), meaning it does not have to waste computations to slow itself down, therefore the expensive, custom hardware is no longer necessary."

Reference: https://breathepublication.com/blockchain-just-became-obsolete-the-future-is-hashgraph-de4948609cbf

Question: Essentially what the above implies is that Hashgraph will make MINING Crypto tokens obsolete thus negating the need for expensive mining hardware. Envion business model is around "Scalable  Automated & Cheap Mining". So does Hashgraph have the capability to make Envion obsolete?

Will look forward to eye-openers from the Envion Team on this. Please educate me.

For Mention: I am very BULLISH about ENVION and am looking forward to participating in the Pre-Sale. Very Professional Set-Up.  Keep At It Team!!