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Author Topic: ⚡⚡⚡ [ANN][HMT] HomeMine: Passive Mining on Household Electrical Appliances ✅✅✅  (Read 1732 times)
Azza1070
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May 16, 2018, 06:28:03 AM
 #141

Please thumbs-up our Reddit thread to help our project gain exposure:
https://www.reddit.com/r/CryptoCurrency/comments/8jrmpl/this_project_is_bringing_back_home_mining/

Thank you all!
Smiley
Azza1070
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May 16, 2018, 06:32:44 AM
 #142

What modes of payment do you accept pls? would like to know in advance

Bitcoin, Ethereum, Litecoin, and Monero.
Azza1070
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May 16, 2018, 06:36:47 AM
 #143

Do we have a guarantee that the token will not go below $42 in future??
Good question, also waiting to hear

Yes.
The administration of the HomeMine project guarantees buyout of all HMC produced
with the HomeMine device. Coins will be bought out at a fixed rate: 42 USD = 1 HMC. At
the same time, the volume of daily buyout is limited: within a day, no more coins can be
bought out than was mined the same day. The buyout guarantee will be valid for 1 year
from the start of the industrial production and supply of the device.

Page 19 of the HomeMine Whitepaper: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
Azza1070
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May 16, 2018, 08:54:00 AM
Last edit: May 16, 2018, 09:07:32 AM by Azza1070
 #144

Do we have a guarantee that the token will not go below $42 in future??

We guarantee purchase of HMC coins at a fixed rate of $42. In the same way, HMC coin will trade on Poloniex, Bittrex and other exchanges and grow in price.

the value of the coin depends upon the number of users or traders of your coin. so even if you listed it in bigger exchanges, there's no guarantee that your price will grow.

and what are those HomeMine devices that you are creating? can we use it in our everyday existence? or better not to use it at all as your electricity bill will be a headache at the end of the month? maybe this project will only be true for selected countries. and by the way, your profit calculator is not working on your website.

The HomeMine devices can be used in everyday existence, they're called Network Filters, they work the same way as any ordinary power board upon first glance.
The Network filter is a physical device with 8 outlets, featuring an ASIC chip for mining, a single-board microcomputer, bluetooth, WiFi, and an electronic system for consuming electricity.
The device is connected to the ordinary household power network. To initiate the process of passive mining, you need to connect the electrical appliance that you are going to use to the network filter. The device is managed through a special application where all the data on earnings, electricity consumed and mining efficiency is displayed.
It will not increase your electricity bill but rather take advantage of the existing power supply that goes through the board. The profit calculator is working fine, maybe try again and let me know.

For more details, please see Page 6 of the HomeMine Whitepaper: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf

Thank you for your comment!
Azza1070
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May 16, 2018, 09:03:44 AM
 #145

The concept of the project really taking my interest, just by using some electrical equipment that are available in the house, at the very same time, we are doing a mining for the coins.
How's that really possible?

Yes.
The Network filter is a physical device with 8 outlets, featuring an ASIC chip for mining, a single-board
microcomputer, bluetooth, WiFi, and an electronic system for consuming electricity.
The device is connected to the ordinary household power network. To initiate the process of passive
mining, you need to connect the electrical appliance that you are going to use to the network
filter. The device is managed through a special application where all the data on earnings,
electricity consumed and mining efficiency is displayed.

More details on Page 6 of the HomeMine Whitepaper: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
Azza1070
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May 16, 2018, 09:11:26 AM
 #146

The concept of the project really taking my interest, just by using some electrical equipment that are available in the house, at the very same time, we are doing a mining for the coins.
How's that really possible?
Same goes here, still don't really understand it. how do we interconnected our electronic equipment that we owned with this cryptocurrency.
To be able to mine, by simply using our electronic equipment.

The electronic equipment will be plugged into the HomeMine device (the network filter).
The Network filter is a physical device with 8 outlets, featuring an ASIC chip for mining, a single-board microcomputer, bluetooth, WiFi, and an electronic system for consuming electricity.
The device is connected to the ordinary household power network. To initiate the process of passive mining, you need to connect the electrical appliance that you are going to use to the network filter. The device is managed through a special application where all the data on earnings, electricity consumed and mining efficiency is displayed.
For more details, please see Page 6 of the HomeMine Whitepaper: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf

You will be able purchase the Network filter with the HomeMine token at some point in time (specified in the Whitepaper Roadmap).
Page 19 to 22: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
Azza1070
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May 16, 2018, 09:57:53 AM
 #147

Are the devices available in the market or what exactly is the plan?

The devices are not currently available, but every HMT represents 1 unit of the device.
In the future (when the devices have been mass-produced) you will be able to purchase a Network Filter device using your HMT (Home Mine Token).

The Roadmap for when the Network Filters will be mass-produced is shown from Pages 19 to 22 in the HomeMine Whitepaper:
https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf

Mass-Production is planned during Dec 2018 - Apr 2019.
Azza1070
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May 16, 2018, 10:56:02 AM
 #148

I think someone should clarify to us, where and when can we buy them and test them?

Dec 2018 - Apr 2019.
Organization of the production line:
Organizational and economic works to build up a production line for manufacturing of HomeMine devices:
lease of the shop premises, purchase and adjustment of equipment, hiring of employees, conclusion of
contracts with suppliers of components and consumables. The launch of the production line is planned in the
territory of the Republic of Belarus.

Page 20 of the HomeMine Whitepaper: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
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May 16, 2018, 11:06:36 AM
 #149

That's a perfect project for sure! I guess this device will attract attention of lots of people! It is great that it doesn’t need any additional skills and saves our electricity. Good luck!
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May 16, 2018, 12:27:02 PM
 #150

Are the devices available in the market or what exactly is the plan?
Was thinking it will be in all devices? You mean I will have to replace all my devices? Not getting completely
What you mean? You can just use the devices you currently have at home or??
Where is this guy to make the air clear on that??

We pop in every now and then.

You don't have to replace any devices, the Network Filter is like a powerboard that allows you to plug your electronic devices into the filter, which is then plugged into your power sockets at home.

You can use the devices you currently have at home.
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May 16, 2018, 12:28:58 PM
 #151

Was told about this ICO by my friend. Whats are the dates pls? Private,public sale?

Pre-Sale: 21st of May - 27th of May
ICO: 28th of May - 21st of June
Azza1070
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May 16, 2018, 12:30:12 PM
 #152

Are the devices available in the market or what exactly is the plan?

Yes, the devices will be available on sale, after the launch of the production line. According to the Roadmap:
April 2019 - Start of equipment mass production: Start of mass production of HomeMine devices on its own production line. You should see the map or our web- site: homemine.io at the Roar Map section


Thanks for information. How can I acquire your token please?

Pre-Sale: 21st of May - 27th of May, 2018
ICO: 28th of May - 21st of June, 2018
https://homemine.io/
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May 16, 2018, 12:32:41 PM
 #153

Hello admin
I am very interested in this HomeMine. how does it work for the power saving?
I know, the cost of electricity based on our daily usage. How to set it up with a HomeMine app?

The device works in the standard mode of a network filter. The energy flow passes
through current and voltage meters that transmit data to the device running under a Linux
operating system where the power consumption metering program is working. When the
circuit is closed as a result of connecting any appliance to one of the device outlets, the
operating system exits the hibernation mode, activates the electricity metering systems
and the mining program, as a result of which the mining chip working process is started.
The time taken to start the system when the circuit is closed is 3-5 seconds. When the
circuit breaks (when the connected device stops working), the mining program is disabled,
and the work of the mining chip is stopped; the program for consumed electricity
accounting is turned off and the device goes into a sleep mode until the next connection.
The indicators recorded by the system for consumed electricity calculation are
synchronized with the cloud data store, where they are combined with the data received
from the mining pool, after which the funds spent and earned are calculated according to
the selected tariffs.

In regards to setting it up, please view our Whitepaper roadmap (Page 19 - 22):
https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
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May 16, 2018, 12:34:10 PM
 #154

What will happen to the unsold tokens at the end of it all

Unsold tokens will be sold for a higher price ($62 USD) sometime after the ICO ends.

"Unsold HMT:
The tokens that were not sold and transferred to Bounty will be blocked and put on sale
at a rate of 62 USD after the launch of the first production line."

Page 23 of the HomeMine Whitepaper:
https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
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May 16, 2018, 12:39:22 PM
 #155

Will there be an offer or bonus when sale starts?

Yes.
Offer is 50% discount during Pre-Sale (From 21st of May to the 27th of May), but this only applies during the purchase of the first 100,000 tokens.
Second discount is 25% for the next 100,000 tokens.
Third discount is 10% for the next 100,000 tokens.
(The first 300,000 tokens are discounted in total).

Details on Page 23 of the HomeMine Whitepaper: https://homemine.io/wp-content/uploads/2018/05/Whitepaper_Homemine_EN.pdf
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May 16, 2018, 02:52:10 PM
 #156

Is selling the devices among the ways of raising capital for the ICO? just wondering
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May 16, 2018, 02:53:43 PM
 #157

Is selling the devices among the ways of raising capital for the ICO? just wondering

I also wondered whether they would be sold at a profit or what the plan is?
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May 16, 2018, 02:55:16 PM
 #158

Is selling the devices among the ways of raising capital for the ICO? just wondering

I also wondered whether they would be sold at a profit or what the plan is?

I think even if they do its to the benefit of the project. Or?
Wilsonthebitcoiner
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May 16, 2018, 02:58:21 PM
 #159

Is selling the devices among the ways of raising capital for the ICO? just wondering

I also wondered whether they would be sold at a profit or what the plan is?

I think even if they do its to the benefit of the project. Or?

For me I think one should be happy if there are several sources of funds for the project...
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May 16, 2018, 07:13:58 PM
 #160

Is selling the devices among the ways of raising capital for the ICO? just wondering

I also wondered whether they would be sold at a profit or what the plan is?

I think even if they do its to the benefit of the project. Or?

For me I think one should be happy if there are several sources of funds for the project...

I've gone through it. its undoubtedly is going to be a great project. I already decided to join...can consider it too
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