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Ratings Electrominer

Solar Powered Blockchain Mining Ecosystem

Electrominer is a self-powered Mining Platform where users rent hashing capacity to mine various coins on various algorithms. Electrominer was created to address the challenges of mining PoW based cryptocurrencies. We have our own datacenters equipped with ASIC and GPU miners to mine profitably and effectively, our own solar power station to efficiently power our equipment, and Electrominer platform's mining capacity will be available for anybody to rent and utilize for mining through the web portal. Electrominer Tokens (ELM) have a fixed supply and represent a share of total mining capacity available for rent on the Electrominer platform to use for mining Bitcoin and other PoW based coins. Electrominer's total mining capacity will grow proportionally with the expansion of our mining facilities. Electrominer Tokens allow you to access the Electrominer Cloud Mining Platform to mine a variety of coins. ELM will never become obsolete, outdated, or broken. ELM can be used for mining coins and sharing in Electrominer's ever-increasing mining capacity, and it can be sold at any time. Electrominer is open to anyone who shares and is willing to contribute to our vision for revolutionizing the mining industry in order to make cryptomining accessible to everybody, while simultaneously working to reduce the harmful environmental impact created by typical cryptomining services.

3.3
3 2 expert ratings
Benchy 3.4
KYC
Experts
3.5
3.5
2.5
Review: coming soon PRO

Unknown
Token
ELM Token
Type
Price
1 ELM Token = 0.7142 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
ETH, BTC, LTC
Minimum investment
1 ETH
Soft cap
5,000,000 USD
Hard cap
50,000,000 USD
Country
USA
Whitelist/KYC
KYC
Restricted areas
None
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Juan Pablo Fernandez Aguero
CEO | ICO IEO Driver | Startup Advisor | Blockchain Consultant
Rated on Sep 15, 2018
4
5
4
24%

Team ★★★★
Vision ★★★★★
Product ★★★★

Recently, Hashflare, one of the most popular cloud mining contracts seller announce a suspension on all BTC contracts due to the costs to mine Bitcoin. And this is the reality many projects is facing.

Electrominer, however, has the potential to excel in this market! Located in Salton Sea / Southern California, USA, Electrominer plans to run a complex of self-powered blockchain datacenters powered from solar panels - the electricity costs after the full implementation of the facility will be ZERO. Another strong of the project is that the user will be able to choose from hourly, daily, weekly, monthly and yearly contracts and effectively choose what cryptocurrencies he wants to mine with the hashpower he’s entitled from his tokens.

Based in the United States, Electrominer also has the strong-had of the SEC regulating all ICOs in that country, what makes me believe that the founders will work very hard to make the project a success.

The team could be stronger and the whitepaper needs to be improved, when they do it I will raise my rate.


+3Agree
+2
-1Disagree
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Shebin John
Founder of Texploxe, IMMO and ABP Member, Learner
Rated on Sep 24, 2018
3
2
1
23%

1. What about old ASIC's and Mining Devices?

2. Problem #1 Electricity, Solved! Problem #2 Heat?

3. The increase of Hashing Power will increase Profit! How will this increase happen?

4. Price of solar photovoltaic module prices in the U.S. increases.

5. Location and the problems along with it.

6. Mobility vs Expense. Cost for mobile data centers can have many disadvantages.

7. Cloud Mining Platform, where?

8. Purchase Membership Status. Seems really costly!

9. Liquidation of Company ELM in five years. Can emphasize in Smart Contract?

10. Electrominer is an existing mining company. Any proofs about that?

11. August 15, 2018 - Land Purchase. Any Proof of the same?

Detailed Analysis can be found here:
https://medium.com/texploxe/ico-analysis-electrominer-6b1be90ea5f0

Agree
-3
-3Disagree
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Benchy
ICO analyzer bot
3.4
53%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Almas Zhumanov
Passed
Aziz Aznabakiyev
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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