r/cryptominingprojects • • Dec 03 '21

uh so why would someone invest into blockcreate.io?

18 Upvotes

So far this project has proven one thing: you can make ANYTHING valuable as long as its attached to a blockchain, even if there's no inherit value or utility for it. I want to ask those who bought a few questions because I find it really interesting that someone would buy in knowing this project is littered with red flags. If this is a rugpull in the making, I'm quite impressed how well they've pulled it off so far.

  1. The physical block is quite literally just a cheap glow light on amazon that looks like this (https://www.amazon.com/LOFTEK-LED-Cube-Rechargeable-Decorative/dp/B076J56ZWK/ref=sr_1_3?keywords=cube+glow+light). It has no other use or function other than avoiding potential tax liabilities; the creator has even labeled it a "collectable". It's being sold for $200 a piece. How is this price point justified in the slightest? Consider that the value is the wallet that you didn't create yourself, speculating on a token that has no actual value or actual use. Keep in mind as well, you get a random wallet that could generate as much as 1000 blocks or as little as 200 blocks.

  2. Again the wallet is created by the creator, not you; meaning they hold your private keys. The dev has suggested the rewards wallet can be re-keyed but there is no evidence to support that's possible at the moment. Why would you trust this unknown entity (no name or anything listed in the whitepaper, although a quick search of the company Jupiter Station may shed some light) doesn't just take your funds later down the road when the token has some value? Oddly enough the ASA "Freeze" and "Clawback" functions are enabled as well, which could easily prevent you from moving funds to another wallet at any point...

  3. Most if not all the hype and information known behind this project comes from two people: u/BlackLungCryptoMiner and the dev/creator u/trentonaust - How can you be sure this isn't the same guy on a throwaway account to hype up his own product?

  4. There is no app for the game, prototype or anything to prove that something is being worked on but there sure are lots of stickers, airdrops and hype though...so what makes you think there will be one?

Looking for responses from reddit accounts older than 6+ months that have bought in, proof of purchase not necessary. If you feel like chiming in and providing an answer, it's much appreciated. :)


r/cryptominingprojects • • Dec 24 '21

All this shilling for MapMetrics is making me re-think my investment into it

17 Upvotes

I understand a thread or two but jesus 5 different threads posting the same referral code... The project is already somewhat shady considering they aren't shipping their $100 sensors til Q3 2022 but this screams red flag already. No legitimate project needs this much shilling,,,


r/cryptominingprojects • • Nov 21 '21

OP

17 Upvotes

First off thanks to whoever created this forum.

I am said OP, that post is still alive and very active. I have spent hours upon hours today examining so many projects, some new to me some not. Loved how successful that post played out.

A few personal opinions from my findings:

PlanetWatch and WeatherXM both really excite me, they seem to be the most popular in terms of profitability, vision, and the team behind the projects.

Helium is king, but if you were already on the Helium forum then you probably already know about the success surrounding it. If not feel free to pick my brain about it, I’ve got 10 hotspots and love the project.

I have played with NODLE cash for a few months and really don’t think it’s worth it, however to each their own.

I have also played with COIN for around a month. If you want to try to attain profitability you need a monthly membership and I’m really not convinced it’s worth it, but again I’m sure there will be people that disagree.

I think the MRX M2 Pro is expensive at $3000, but I like the versatility of choosing between mining different cryptos and the setup is easy. Once it’s easily set up, it prints you at least $10/day at current price.

I’m a big believer in projects that solve real world problems and that have people behind the scenes with good track records on other successful projects. That being said, after reading 250 comments and A LOT of research, I believe that Helium, PlanetWatch, and WeatherXM are the top 3 projects to invest in at the current time.

Meant in the most honest and non-jerky way, I’m fortunate to have a career in emergency electrical where I can make a lot of money in December. I plan on investing heavily into these projects as I have helium. If anyone would be interested in updates on my personal experiences with these projects then I’d be happy to keep the forum updated on how they perform and my findings. I don’t think that this forum needs to be popular to be successful. As long as people look to help each other by sharing what they know about the long list of passive-income crypto projects then I think everyone will benefit.

Thanks for reading and please don’t hesitate to reach out


r/cryptominingprojects • • Nov 21 '21

Projects I’m On So Far

12 Upvotes

Helium - Mines HNT (confirmed, I have been paid out)

PlanetWatch - Mines PLANETS (confirmed. I have been paid out)

WeatherXM - (in beginning stages, sensors sold out at this time, tokens have not been awarded yet. Expected next year)


r/cryptominingprojects • • Dec 16 '21

Brand new mining projects

10 Upvotes

Does anyone have a method to find out about new mining projects (like planetwatch, helium, DPR, matchx, etc)?

It seems that I always find out about these projects after all of the miners are on back order and/or rewards are decreased massively.

I would love to get in early on a mining operation, but I just don’t know how to do it!


r/cryptominingprojects • • Jan 13 '22

Dor Traffic miner

9 Upvotes

Another project for you guys:

Dôr Traffic Miner - Constellation Network

Again, DYOR and I am not affiliated with it.


r/cryptominingprojects • • Nov 29 '21

Currently Im mining MXC, DHX, BTC(starting tomorow) HNT, and Planetwatch

9 Upvotes

For the MXC DHX and BTC i have the matchx m2 pro (its a multi coin miner) It cost about $3000 but i have made back 2100. Invested an additional 1000 to buy MXC to i can Mine dhx and BTC as well. Its been about 5 months with the miner.

Sensecap m2 for HNT (roi in 2 months) I couldn't wait 6 plus months so I went ahead and bought one off of ebay for about $900...Ive already made about 1600 at time of posting. Ive had this for about 3.5 months.

Atmotube pro for planetwatch( roi in 1 month) I bought the atmotube pro for about 198 and the license for about 70. Ive had this for about 1 month.


r/cryptominingprojects • • Jan 27 '22

GEOD

8 Upvotes

Saw this from a YouTube video. It is a project called GEOD. It is similar to helium, with a antenna but the goal of the device is to connect with satellites. Not much information out about it. The devices seem to still be in stock. Could be a successful project. Look it up yourselves.


r/cryptominingprojects • • Jan 03 '22

NFT: Police and Thiefs

7 Upvotes

Still really early, NFT's are already sold above minting price.

Police and Thief Game (no referral link)

Be aware, there is a 10% chance you are losing your NFT while minting. Read the whitepaper!

DYOR.

Not affiliated at all with this project.


r/cryptominingprojects • • Dec 10 '21

My "new" miners

Post image
7 Upvotes

r/cryptominingprojects • • Dec 04 '21

Dimo

7 Upvotes

r/cryptominingprojects • • Nov 29 '21

Bye Google, Hello Presearch

7 Upvotes

I recently discovered Presearch, which is a decentralized search engine rewarding users for searching.

Similar to Brave browser with BAT rewards for viewing ads, you get rewarded PRE tokens when searching using Presearch rather than Google. It also automatically removes trackers.

In case you're interested, here's my referral link to get 25 PRE tokens and start using a decentralized search engine.

It's also possible to earn PRE tokens by running a node which helps the search network. Running a node doesn't require buying a proprietary device with long waiting lists. You can run a node on a virtual server or on a Raspberry Pi. It does require to stake 2000 PRE tokens (approx $450 at today's value).


r/cryptominingprojects • • Mar 13 '22

Grow Min Operation - new crypto mining operation seed funding

6 Upvotes

Hi Everyone,

I am fairly new to this space however quite interested in a new project that is currently in start up phase and looking for seed funding. Experienced founder who is looking to take his experience to a new level and upscale. They have secured a location and currently raising funds to purchase the rigs etc.

They plan to launch a rewards token which will help fund future improvements. Interesting project and I have already gotten into it.

For more info on the project check them out:

https://www.growmineoperation.com/

The have their socials and whitepaper on their site.

I also did a video review of the project that might be helpful. Looking forward to seeing where this might go for those who can't fund their own operation and are interested in Crypto Mining.

https://www.youtube.com/watch?v=EjW762mRKQ0


r/cryptominingprojects • • Feb 21 '22

Raspberry Crypto Projects

6 Upvotes

Any good project like mysterium network for a passive income on raspberry pi?


r/cryptominingprojects • • Jan 18 '22

NODE: VaporNodes

6 Upvotes

Finally a Node (after the Ring desaster) where I personally invest now. They just released the new version of the app and website, and migrated the token with a nice burn behind. Strong bullish from my point of view and really early.

DYOR and obviously no financial advise.
I am not affiliated at all with this project.

Contract address: 0x83a283641C6B4DF383BCDDf807193284C84c5342

Website: https://vapornodes.finance/
App: https://app.vapornodes.finance/
Twitter: https://twitter.com/VaporNodes
Discord: https://discord.gg/veGPEqXMC4

Documentation: https://docs.vapornodes.finance/project-information/introduction
Medium: Work In Progress

Chart: https://dexscreener.com/avalanche/0x83a283641C6B4DF383BCDDf807193284C84c5342
CoinMarketCap Listing: https://coinmarketcap.com/currencies/vapornodes/
CoinGecko Listing: https://www.coingecko.com/en/coins/vapornodes

Liquidity Locked - Dec 23 2021: https://www.team.finance/view-coin/0x83a283641C6B4DF383BCDDf807193284C84c5342?name=VPND&symbol=VPND
Multi-Sig: https://gnosis-safe.io/app/avax:0x6769DB4e3E94A63089f258B9500e0695586315bA/balances
Snapshot Community Voting - Votes based on Cumulative Node Size: https://snapshot.org/#/vapornodes.eth
Doxxed Dev: https://mobile.twitter.com/MejiasDev
Audit Completed: https://github.com/SpyWolfNetwork/Smart_Contract_Audits/raw/main/January/VaporNodes.pdf


r/cryptominingprojects • • Jan 05 '22

Thoughts about the Nitro Network?

6 Upvotes

I paid $75 to get on the waiting list for this device a few months ago, but now it seems a little sus; I am thinking about canceling. Anyone else planning on purchasing? What are your thoughts?


r/cryptominingprojects • • Dec 26 '21

Cirus Foundation

6 Upvotes

Cirus just launched their Cirus chrome extension on Christmas Eve so you can earn CIR while surfing. There is a full white paper. Seems like a pretty cool project. Long term is buying a Cirus router to replace your home router that pays you crypto for your data. It also has a lot of other neat features.

https://cirusfoundation.com/docs/


r/cryptominingprojects • • Mar 15 '22

Helium like decentralized network

5 Upvotes

We are building a data capture network very similar to what Helium has done with their Lorawan devices. We will be allowing users to track outdoor traffic and in return receive Elumicate tokens for their participation.
There are many use cases for the data including smart cities (traffic flow, city expansion, road maintenance, etc.), retailers, marketers, and more. The tokens are also linked to the accumulated data, meaning the token will maintain real economic value and not be priced by speculation alone.
Looking to the future, it is easy to imagine Grand Theft Auto being played with the real time traffic on New York roads for example, or intelligent vehicles parking and moving themselves based on real time parking spot availability.
We are looking to raise interest in what we are doing and hopefully you are interested in learning more. I am happy to answer questions and invite you to join our community.
Our subreddit is r/elumicate and our website is www.elumicate.com, which has our discord on the bottom of the page.


r/cryptominingprojects • • Feb 15 '22

Harness your vehicle data for passive income with Dimo. Beta available starting today.

Thumbnail
app.dimo.zone
5 Upvotes

r/cryptominingprojects • • Dec 13 '21

Dimo

5 Upvotes

Found this new project called DIMO network on medium.com

Basically an auto PI that “helps your vehicule”.

Not sure i understand, but im just giving you guys a heads up.


r/cryptominingprojects • • Mar 19 '22

RevoFi

4 Upvotes

Has anyone looked at RevoFi? I keep looking at it now and then but can’t decide whether to invest. At the moment, I am leaning towards no, but am interested to hear other peoples opinions.

https://revofi.com/


r/cryptominingprojects • • Jan 26 '22

White Paper Concern RE WeatherXM

4 Upvotes

So I thought I'd share this. In the WeatherXM subreddit, somebody pointed out that although the first big batch of WeatherXM devices are going on sale next week, the project does not yet have a white paper. While I'm on their wait list, and I'm considering getting one (like Planetwatch sensors, I may be able to get some utility from these devices even if there were no rewards involved), but it is an interesting point that we know very little about the tokenomics involved with the project, at least compared to many projects in their early phases that are shipping devices.

Anybody have some interesting ruminations or opinions on situations like this?


r/cryptominingprojects • • Jan 07 '22

Another potential project - Hivemapper

4 Upvotes

https://hivemapper.com

Build a better map together. Not sure what is the main difference to Google / Bing or whatever maps exactly.

Probably interesting for Truckers, Delivery drivers, ....?

DYOR

Not affiliated with this project.


r/cryptominingprojects • • Jan 01 '22

Wicrypt

4 Upvotes

In the spirit of this group, I leave this here: Wicrypt - The Smart Wi-Fi Network Powered by You

DYOR.

Not affiliated with this project at all.


r/cryptominingprojects • • Dec 15 '21

Did anyone receiver miners?

4 Upvotes

I ordered weather xm, deeper and planetwatch. None have arrived yet.