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Bitcoin Mining in the Kingdom of Frost

The ASIC Miner machines on one hand, consume a lot, are noisy, and also produce enormous amounts of heat. What solution is there to operate them under favorable conditions, where we at least don't have to spend energy on cooling.

A team that has already tried transforming a former Soviet military bunker into a Bitcoin mining farm offers a practical solution for this, which is located approximately 4,400 km from us in Kazakhstan according to the map, near Kurty (Курты) (https://www.google.hu/maps/place/Kurty,+Kazahsztn/@43.8830652,76.3156501,4141m/) area, which I personally had never heard of, but it's time to discover the world.

The team's basic idea isn't bad: if they can at least save the energy costs spent on cooling the already energy-intensive machines, they can presumably count on fewer technical issues and more favorable operating (energy input) costs.

A the cave is 10-12°C everywhere° van, which provides "passive" cooling for the heat-producing ASIC machines. What's commendable about the idea is that operators are increasingly focusing on discovering new things, selling their HASH power to users with hopes of rental income.

A calculator is also available on the site which, using a few selected examples, e.g., with a 100 USD investment and up to a 415% annual ROI over 3 years, we could see returns of up to 2,000 USD on our 100 dollar investment.

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As a matter of fact, I find the projected 415% annual return a bit exaggerated, especially considering the continuous increase and development of machine computing capacity on the market. Unfortunately, there isn't much info on the site about the steps they plan to take to meet the ever-growing computing capacity demand.

To implement the idea, they are currently looking for new investors who, the sooner they invest a minimum of $100 USD in the business, the higher the percentage bonus they receive. Currently this is 50%, which will continuously decrease as time and weeks progress. Compared to the ICO target of $13.5 million, they are at $437,321. So there's still plenty of opportunity to be among the first to believe in something, hoping it delivers on its promises.

The promise is risky and I think also exaggerated, however, if we get our investment back in roughly the first half year, then perhaps it's worth a try, since this isn't another dubious altcoin but a service that is needed and will be increasingly needed as the crypto market expands.

For more information, visit the Ice Rock Mining (https://icerockmining.io) official website, where you can learn more about the current ICO details and freely play with the calculator.

 

[box type="warning"]Attention! The information published on this site should not be considered investment advice, therefore neither the author of the article nor the site's contributors can accept any responsibility for any potential losses. The author of the article is trying to share their own experiences and information with the reader. Due to the unregulated nature of digital currencies, i.e., cryptocurrencies, there may be intentional abuses by issuers that currently cannot be easily detected. This must be taken into account by anyone who considers any kind of investment, whether it's purchasing a few virtual coins, or energy spent on mining, hardware costs, etc... Please always weigh carefully and decide independently, only invest money whose absence would not cause any problems for you or your family![/box]

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