Crowd Share Mining (CSM): ICO Review

What is Crowd Share Mining?

Crowd Share Mining is a project that creates a mining service platform that helps token holders generate lifetime payments through their system. The ICO will have a mining rig that acts as a form of passive income for miners.

crowdshare mining icoThere is a multitude of problems in today’s crypto mining system. For instance, it’s a system that’s highly dependent on electricity. As a result, users have to pay thousands of dollars a month in order to mine effectively.

And, there is an issue that most mining rigs are difficult to set up. On average, it takes a user 4-10 hours to create one. This can be a daunting challenge for those that are just getting into cryptocurrency.

 

Crowd Share Mining solves this issue by creating a mining platform where the users can share their electricity to help others mine within their system. Additionally, it will have a lending system amongst other developments for their users in the future.

With this project, it has a low trade fee for their users. This makes it easier for them to mine effectively and gain more profits from their efforts. Once this project reaches completion, we’ll see a fully functional system that helps users mine easier and faster than traditional methods.

Aspects

To create a better implication of the mining system, it works through the following options:

  • Customization: Users can customize their investment plans based on their financial capabilities.
  • Neutral Orders: Crowd Share Mining creates a neutral mode of payment to help meet the investor’s demands and provide impartial payments.
  • Smart Contracts: The mining works with executable smart contracts for secure investment payouts and authenticity.

Token Metrics

Bounty0x profile: @jeremycole

Positives
  • Advanced Security: Since it acts as a global platform, Crowd Share mining creates a safe and efficient global system to cover every data security requirements that’s on the blockchain.
  • Competitive Advantage: Crowd Share Mining has straightforward learning environments that make it easier for users to understand and utilize their platform.
  • Decentralized Marketplace: Besides mining, Crowd Share Mining has a marketplace where users can create live bidding auctions.

Negatives
  • No Full Product: This is an ICO that’s still under development. Bu Q3 of 2019, Crowd Sale a fully functional product will help increase the overall transparency and authenticity of the project.
  • Website Design: While it looks appealing, we’ve found a few issues within the website’s interface. This will need to be fixed if the team hopes to have more long-term investors interested in their idea.
  • Profit Uncertainty: While Crowdshare Mining promises to give their users profit, we’re unclear as to how the system will distribute the profits equally once a block has been successfully mined.

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Jeremy Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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