MINER ONE is a crowd funded crypto currency mining operations and managed by a team of data centre industry experts and professionals on behalf of the Miner One Community.
PROS:
- Cutting edge of mining hardware: The platform is able to negotiate heavily discounted prices for the mining equipments directly with the manufactures enabling the users to easily purchase these tools from any store
- Low electricity cost: The platform enables users to derive higher profits from its use as the equipments have low power consumptions which is supplemented by renewable sources of energy by most industries
- Reliability: The platform ensure easy reach and maximum mining efficiency without compromising on security and reliability as the Miner One centers are located near a reliable source of electricity with the capacity to accommodate many equipments
- Team: The platform team is made up of top notch experts and professionals engineers, security and construction experts and software developers to run the mining centers with the assistance of the CEO Pranas Slusnys
- Security: All the equipments will be protected from extrusion ,hacking and DDOS attacks using network security firewalls and traffic filters managed by skilled network engineers hence ensuring uninterrupted functioning of the mining centers
- Insurance: The equipments used in the mining centers are fully secured from any damage to prevent the occurrence of any loss by the users upon their purchase
- The platform white paper is properly organized and detailed giving out the projected benefits of mining the crypto currency and how the mining equipments are obtained and taking into account KYC before the token distribution
CONS:
- The platform specializes in Bitcoin mining neglecting the most commonly used crypto currencies and fiat
- The MIO token holders are likely to incur losses as the prices of the Bitcoin fluctuates year in year out
- The platform equipments values declines as many miners get into the platform as the computing power requirement will be higher than the value that can be supported by the MIO token
SUGGESTIONS:
- The platform should implement hardware that requires less power consumption and provide more power back up from renewable energy sources
- The platform should implement the mining of other commonly used crypto currencies and fiat
NOTE:
The platform use ensures that users can easily mine crypto currency through the affordable mining equipments however it doesn’t involve most of the commonly used crypto currencies and fiat hence hindering me from making investment in the platform.