Here is an exclusive interview with Nadine Damblon the CEO of HydroMiner.org
HydroMiner solves the woes of cloud mining services by providing an honest mining service with the utmost transparency provided by its smart contract. To let investors participate, HydroMiner is hosting a token sale for their ERC20 token on the Ethereum network.
Each token will entitle its holder to the mining rewards for a single watt used. By issuing the rewards per watt instead of per hashrate, HydroMiner will generate and distribute mining rewards evenly. When HydroMiner’s model is compared to historical data of its competitors’ models, it is easy to see how HydroMiner’s return would sustain itself despite the increase of mining difficulty.
HydroMiner also has other advantages over its competitors. HydroMiner is launching its mining facilities in an ideal hosting environment, inside or next to a power station and a river, and usually in a cool environment in the Alps. The utilization of hydroelectric power plants provides HydroMiner with one of the cheapest electrical cost in Europe.
Q: Hi Nadine, Tell us about yourself
Hi, thanks for having me in this interview! My name is Nadine Damblon, and I am the CEO of HydroMiner.org. Let me just give you a short overview on how I came to this project.
Back in 2014 a friend of mine told me about this thing called cryptocurrency mining. And I will be honest with you, first I didn’t know what to think of it. After a while my sister pushed me in this field and I got absolutely crazy for it. And now 3 years later here I am.
Q: Tell us more about your team! Do they all have background of crypto?
CTO – Christian Vogl – expert in hardware supply and network infrastructure.
Advisor – Jonas Sevel Karlberg – one of the advisors and helpers of Bancor (one of the biggest ICOs yet).
You can also check out our video that was just released, you can see the core of our team featured in it:
Q: What inspired you to do an ICO?
Currently the mining operation is only been open for private investors. Now with the Token Generation Event, we want to enable smaller investors to participate.
Q: How did the idea of HydroMiner.org come about? Is this something you were doing before?
Well, interestingly enough, we met an investor how helped us rent and fill the first two hydro powered stations.
Q: What is the cap for your ICO and how did you come to chose that number? What do you think of unlimited ICO’s? How much money is too much money to be raised in an ICO?
For the main token sale event, the cap is 25.500.000 H2O. I think this is the amount we can handle at once, without having to lose much time, since we have options to rent hydro powered stations for this amount of money. Well, I think this can’t be answered completely. It just depends on the operation. If you are Elon Musk and want to make a Mars mission, then there is no limit.
Q: If you successfully crowd sell with your ICO, where will your company be based?
Probably Austria or Switzerland.
Q: Do you have a background in conducting due diligence on crowdfunded projects?
All of the crowdsale terms will be visible on the website.
Q: In addition to cybersecurity, what do you feel must be understood when performing due diligence on cryptoprojects?
If the investors are allowed to invest in such a project.
Q: What is your “bird’s eye view” of the blockchain industry as a whole. From what you’ve seen, what aspects of token crowdsales could be improved?
Better on-chain KYC.
Q: You’re clearly very passionate about the crypto space! Which projects are the most exciting to you?
I don’t know if you know this project yet, but I think you should check it out, it is called functioncore.io.
Q: What kind of blockchain projects would you like to see in the future?
Currently, there is a very small amount of non-profit projects. I hope this changes in near future.
Q: What current proof of concepts has HydroMiner.org completed? What projects are in the pipeline?
We have our mining farm nearly fully operational, check out: https://youtu.be/Nc9cxWnp30o
Q: What’s in the future for HydroMiner.org?
To be the biggest miner in Central Europe of course!
Q: Have you talked with any exchanges about their interested in enabling trading of your H2O tokens?
Yes, we have already negotiated a deal with Bancor!
Great, thank you Nadine, I appreciate your time and I will be watching the crowd sale intently.
Thank you again for the interview Nadine .
HydroMiner ICO Information
ICO name: HydroMiner
ICO starts on: 3rd of October
ICO ends on: 7th of November
Total # of coins: ~26.000.000
Official Website: www.hydrominer.org
ICO Website: www.hydrominer.org/token-sale
Official Facebook: https://web.facebook.com/hydrominer/
Official Twitter: https://twitter.com/hydro_miner
Official Telegram: https://t.me/Hydrominer
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