With so many new ICOs coming sometimes is hard to keep up with all of it.
I just found one that is definitely worth looking into:
They're a crypto mining company based in the Alpine region of Europe (from Norway, Austria and Sweden to France, Spain, Romenia and more) who aims to mine cryptocurrencies using sustainable sources of energy on the lowest-cost possible.
Right now the project is mainly based in hydro power stations using green energy.
GPUs are organized inside containers (check the picture above) and powerstations stays really close to headquarters, minimizing downtime.
But, what are they mining?
What gems will you want today, dear friend?
As you may know, Bitcoin mining difficulty has raised a lot on past years.
Hydrominer will have really big mining power so they'd able to mine bitcoin but they're not only aiming to it:
Ethereum, Musicoin, Zcash, Ubiq and Monero are on their Radar
Cool, isn't it?
But, wait. isn't using these huges power stations to mine not eco-friendly?
We got to save the forests! They say
Actually. I used to be a big defensor of POS against POW but reading their whitepaper extensively gave me a different outlook at this question.
We start with the point that cryptocurrencies are a commodity that is usefull for everyday life and bring social improvement, empowering people and taking power out of banks and of the state.
If we compare it to precious metals we both agree that the energy spent to mine gold, silver or else is bringing value to society.
Just see it like that: Bitcoin is gold. but digital gold.
Is also scarce and imho brings even more social value, freeing people economically.
There's a bright future ahead!
Cryptocureencies are still just a baby and there's quite a lot of room to grow.
If we reach only 10% of gold's stored value each bitcoin could hit at least 35,000 USD.
More optimistic targets are over 500,000 USD per bitcoin by 2030.
Having a share on a company that generates cryptocurrency can be a great step ahead in the future.
Their project is to make a ERC20 token on the Ethereum blockchain.
H2O Token detentors will receive 80% of the profits generated by the mining operations of the company.
Total cap will be 100M tokens.
First payment comes in February 2018.
They also have a good roadmap ahead with new stations and the expansion of existing ones.
I'm excited to see how this will turn out.
an extra point for them: The portuguese version of the website looks great.
I've seen many crypto translations to portuguese that lacked quality, this one really surprised me.
You can find more information on their official website (available in more than 8 languages) and their ANN thread on bitcointalk.
They also have a really interesting video on their main website and a bounty thread going on.
Social networks: Twitter and Facebook
Not investment advice, always DYOR and never invest more than you can afford to loose.
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