StartMining (STMG) - ICO Fail or Short Lived | Coinopsy
StartMining (STMG) - Dead Coins

StartMining (STMG)

StartMining was founded in 2017, it is not trading on any exchanges. StartMining was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2017, Ended 2017.
  • Social media ended 2017.
  • Trading ticker (STMG).
  • Total tokens unknown.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

Failed ICO and Website down.

Links

http://web.archive.org/web/20171003165800/https://startmining.com/ https://twitter.com/startmining_com

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

StartMining token, or a share in the StartMining project, represents the right to participate in the distribution of the company's profits. All tokens holders are entitled to receive dividends in accordance with their shares. 40% of the company's profit will be distributed among all the sold tokens based on the ICO results.

ICO

As part of ICO StartMining plans to attract investments in the amount of $500,000 to $10,000,000. The main sources of project’s income are mining and provision of mining facilities as rental. Most of the received funds are invested in equipment and real estate. The remaining funds are directed to cover operating expenses (personnel, insurance, security, legal support, etc.).

Profit

40% of the company's net profit is distributed annually among investors in the form of dividends. According to our forecasts, the amount of dividends paid to investors will exceed the initial investment amount within the first year and a half. This indicates a high level of project’s profitability, and at the same time the expected profit for our investors is calculated to be 122% per annum.

Mining market

The mining market is growing very fast just as the capacities of industrial mining farms. Investors who invested their monetary funds in mining in 2013 have now received a return of more than 500%. This figure exceeds 100% per year. Cryptocurrency mining becomes more and more complicated every day. For example, Bitcoin mining in home conditions is no longer profitable. It has been replaced by Ethereum. However, the complexity of Ethereum mining is continuously growing. It may soon happen that home mining will cease to be profitable at all. Large industrial farms will be the ones to remain, and the crypto-currency mining market will turn into a kind of monopoly. Herewith, any kind of fossil whose extraction is limited will become more valuable. For example, oil, gas, gold and etc. Therefore, by investing in industrial mining now, you become a kind of closed club member in the future. Naturally, the current situation will also affect the token value in the future. Of course, it will only grow from now on.Now you have an opportunity to invest your money at the initial stage of the industrial farm’s launch. The threshold of entering into this market is quite small at the moment. It can significantly increase in a few years. And, whereas the complexity of mining of crypto-currency is continuously growing, this will contribute to the growth of your investments.

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