Ice Rock Mining Updates and Cave Upgrades

Ice Rock Mining’s crypto-mining operation is located in a refurbished and repurposed military bunker, inside a mountain with access to some of the cheapest hydroelectricity rates in the world. Ice Rock Mining already owns the property – so it does not have to pay rent or lease the property or pay large sums of money to purchase land and then build a warehouse.

The use of the bunker and caves requires very little capital expenditure. The operational costs of labour to maintain the site and mining rigs maintenance are very low in Kazakhstan.

With a lot of uncertainty over cryptocurrency mining projects the Ice Rock Mining team has been establishing its social media presence during its ROCK2 initial coin offering (ICO).

The team has been active on several social media threads:

•Tweeting, https://twitter.com/icerockmining

•On Telegram answering questions (often the same questions repeated by new people who have joined the telegram chat group), https://t.me/joinchat/Emenog0u3kyNRusZjFbFWA

•Actively responding to individual posts in bitcointalk.org forums, https://bitcointalk.org/index.php?topic=2781356.new#new

•Posting video updates on YouTube. https://www.youtube.com/channel/UCxQCi2z51-LU9vgiBeuuGLg

The transparency allows investors to see the team and the ICO they are investing in.

A recent promotion even allows investors and potential investors to visit them at their mining farm (see: https://icochat.wordpress.com/2018/05/16/ice-rock-mining-an-open-invitation-for-investors-to-visit-the-mining-site/). The team has even gone so far as to publish the exact location of the bunker in Kazakhstan at coordinates: 43.879891, 76.326797.

The Ice Rock Mining team is excited to share the continuing growth and development with the Ice Rock community. It is clear that they have done a lot of work to support and build their business and they are adhering very well to the timeline set out in the development plan.

In the latest video on YouTube the Ice Rock Mining team is excited to show their ongoing server farm upgrades with a video showing that they are preparing the bunker infrastructure (additional electrical wiring and transformer capacity) for additional mining rig capacity.

See:

“Preparation for the technical improvement of the IRM cave”.

And see:

“Beginning to install their ASIC S9 Antminers for their upcoming July 2018 mining launch. First 100 ASICs in the cave – Ice Rock Mining ICO”.

The Ice Rock Mining team is young and enthusiastic and they are definitely blue-collar. You don’t see them wearing fancy suits and ties at the mining site on their YouTube videos. They present themselves as they are – a group of young entrepreneurs who are working very hard towards success. But don’t let this lack of polish and “putting on airs” affect your judgment if they don’t appear to have “corporate” dress code or rigid attitudes. Watching the videos and talking to them in chat groups first-hand shows that that they have invested themselves entirely in to their work – namely to make the Ice Rock Mining project a success. The team is always willing to answer questions on social media.

Remember, that the team take is 10% of the mining profits, so they stand to do very well if their cryptomining server farm is successfully set up and earns them a cut of the bitcoin mining profits every month. The team is continually answering questions from interested investors on social media and posting updates on Twitter, Facebook and YouTube. The social media activity shows the team takes its project seriously and they are interested in the feedback and constructive criticism that they are getting from investors

The potential for Ice Rock Mining remains very good but like any ICO it is also a risky venture. In the case of Ice Rock Mining specifically the profits are dependent on the amount of bitcoin mined and the price of bitcoin itself which shows a lot of volatility in price.

Summary

The Ice Rock Mining ROCK2 initial coin offering ends on May 25, 2018. The team has been busy attending recent cryptocurrency conferences in the U.S. They are staying very active on social media, posting YouTube videos and keen to show investors the progress they are making on the server farm development. It looks like Ice Rock Mining is on track to meet the upcoming July 2018 mining launch.