Quake Mining: A revolution in cryptocurrency mining
The next best thing in cryptocurrency mining
- Crowdsale (26500000)
- Affiliate (1650000)
- Bounty Campaign (1500000)
- Founders (3000000)
- Contests & Promos (350000)
- Buying New Equipment (90%)
- Legal and Administration Fee (8%)
- Unforeseen Expenses (2%)
Cost of the token1 token for 0.9 $
Price without discounts
Discounts and Bonuses
Minimum Investment: $100 USD
Maximum Investment: $10,000 USD
- Bitcoin Cash
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Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
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According to the statements of the founders, this project is a pioneer in the cryptocurrency mining. The team has developed a mathematical solution that will allow token owners to receive dividends for the rest of their lives. The project is located in Quebec, Canada, where the cost of electricity is very cheap. There will be access to green energy, the benefits of political stability and cold weather for most of the year, that will cool the equipment. The main miner has been working since 2014 and we rely on its experience to give us the better result. Quake Minor owners will receive Ethereum weekly, depending on the number of tokens that represent their stake in Quake Mining. These tokens will give to holders the right to share of the profits on dividends from the Quake Mining operation.
Risks and disadvantages
In the project's theory and description everything looks attractive, but in practice, everything isn't so smooth. First of all, the income from the cryptocurrency mining depends directly on the exchange prices, while the price is above a certain threshold and it's growing - everyone will be in profit, but if the price drops below the cost of production, so the work will go in a loss. In addition, the complexity of mining is always growing, and with it, the sophistication of equipment and the cost of obtained coins is growing. Therefore, at least it's unwise to talk about lifelong incom..
If the project exists since 2014, then undoubtedly that it already has some part of the market that uses its services, but the organization of ICO and the launch of its token shows that not everything is going so well and the project doesn't have enough money for development. Taking into account a number of circumstances and the very high competition in this segment of the market I wouldn't recommend investing in this project.
The project has fixed soft cap and hard cap, which s a good sign. Moreover, the team offers a range of discounts, depending the time when investments are made. In addition, people can invest not just with usual Ethereum, but Bitcoin, Bictoin Cash and Litecoin.
Risks and disadvantages
Website is facing difficulties with its opening. There is no working product, which is a significant drawback. Furthemore, nothing mentioned about partners.
To my mind, there is no need to run ICO to start mining. The team does not offer anything new to the industry. Overall, I do not recommend the following platform in terms of investing.
The location of the business premises has low costs of electricity which makes it possible for the cost of production to be lowered and hence the acquisition of more profits. With collective mining
Risks and disadvantages
There is no current market being served by the project so by saying it will offer the best mining options with an action being seen it creates doubt in their ability to deliver.
Mining has many potential markets because many people are investing in mining of cryptocurrencies on an individual level but with the help of this project miners will realize more in terms of profiting from the mining excise.
Reducing on the mining difficulty is important for the miners because i a way it strengthens the blockchain. The digital miners will benefit a lot from this project since they get a share of over 60%.
Risks and disadvantages
There isn't any bounty program for awareness creation. Marketing hasn't been considered in the budget outline. The team hasn't been included in the project and more so there aren't any advisers.
Many digital miners are faced with a challenge of investing a lot especially in equipment acquisition and also ever increasing meaning difficulty and other commissions which problems have a solution with quake mining with this growing numbers of miners the project will be in position to gather a large market share in other words it's a project worth of investors investment.
What is Quake Mining?
Quake Mining is located in Quebec, Canada one of the most stable geopolitical zone in the world. We have low cost green hydro -electricity at 0.024 USD per kW/h, yes you’ve seen right 2.4 cents kW/h. We have a cold to very cold weather half of the year which will increase our savings in energy. We will be using the most advanced available mining equipment and diversify between GPUs and ASICs. We have the best reinvestment plan with a huge 25 % of everything we mine which will lead to an increase in our pay-out within the first year. Our chief miner and advisor has been mining cryptocurrency since 2014, his experience will be most profitable for us.
What are the advantages of Quake Mining?
Quake Mining is located in Quebec, Canada one of the more stable geopolitical zone in the world.
We have low cost green hydro -electricity at 0.024 USD per kW/h, yes you’ve seen right 2.4 cents kW/h.
We have a cold to very cold weather half of the year which will increase our savings in energy.
We will be using the most advanced available mining equipment and diversify between GPUs and Asics.
We have the best reinvestment plan with a huge 25 % of everything we mine which will lead to an increase in our payouts within the first year. Our chief miner and advisor is mining cryptocurrency since 2014, his experience will be most profitable for us.
Is Quake Mining eco friendly?
Quake Mining will run on 100% green hydro-electricity, which is the main power source in Quebec. Our goal is to use only renewable and sustainable energy. Green energy is the future of the blockchain and mining business, with our eco-friendly approach we will make the mining business adaptable for a wider audience.
What's your overall strategy?
Our strategy is very straightforward:
Leverage those funds to procure the best mining equipment and other necessities at the lowest possible prices,
Set up the hardware in a suitable facility;
Distribute what we mine to our Token Holders.
What is cryptoccyrency mining?
In a cryptocurrency network, mining is the validation of transactions in that cryptocurrency. The encryption necessary to do it requires significant computing power. For contributing to this effort, successful miners receive cryptocurrency as a reward.
Who can invest?
People from all nations can participate in Quake mining ICO,
EXCEPT RESIDENTS OF THE UNITED STATES AND GREEN CARD HOLDERS, RESIDENTS OF CANADA AND ALL COUNTRIES WHERE TOKENS ARE CONSIDERED AS SECURITY.
How can I participate in the ICO?
Click on the “Join ICO” button, create an account, click on BUY Quake token you will be provided with all relevant information
What is the Minimum and Maximum investment?
The minimum investment is 100$ and the maximum is 10 000$ USD of cryptocurrency, for more please contact us at [email protected]
Is there a KYC process?
We will do KYC for investors of 2500$ and more.
Do I need a special wallet for the tokens?
You will need an ERC20 compatible wallet to store your Quake token tokens.
When does the ICO start and finish?
ICO Pre-Sale Start on April 15th 2018.The ICO will follow starting may 1 st to July 15th.
How many Quake tokens exist?
There are 33 million pre-mined Quak token and there won’t be more created.
What if the minimum goal is not reached?
If the minimum goal is not reached the contributions will be refunded to the contributors.
Is there a bounty or affiliate program?
Quake Mining will run both Affiliate and Bounty Programs.
The total amount of tokens available for an affiliate program is 1.65 million.
The total amount of tokens available for bounty program is 1.5 million.
For more info please refer to the bounty thread on bitcointalk here.
How much ROI will I make on my investment and why we don't see promess pr return on your site?
Since the hash rate is always rising to a speed that sometimes can surprise everyone, even with our 25%re-investment, it cannot be predicted by anybody on earth, so instead of giving you false expectation, we pledge to do our best to give you the best payouts for life.