First Thoughts on Gippo Miners.
Gippo Miners is a brand-new online investment company that has been online for less than a week. They just began a “Sticky Diamond” listing on the EmilyNews Monitor. This is our premier listing category and we welcome them to this elite group. We are flattered that Gippo Miners has chosen to list their program with us from the beginning of their online operations.
Gippo Miners claims to be in the business of cryptocurrency mining. They are registered in Thailand and I assume that this is where at least one of their mining facilities is located. The video that you can view on the website shows a very large solar array that we are led to believe provides the power for one of their mining operations. Assuming that the solar facility isn’t tied to a central power grid, an similarly large battery bank is required to keep the mining hardware running after the sun goes down. And, the video walks the viewer through a warehouse full of such hardware. The point is that all of this represents a huge investment. We are also led to believe that Gippo Miners has similar operations in other countries. Although I may be wrong, I suspect that this online program is an effort to recover at least some of this capital outlay. This is big business…
My own background is in engineering and I once owned a small company that designed and installed solar power systems. So, even though I know next to nothing about cryptocurrency mining :), I can relate to some of the challenges that would be faced in setting up a business such as is described in the Gippo Miners website that uses solar as its power source.
Gippo Miners doesn’t really say very much about their company. In fact, the narrative material in the website is exceptionally brief. This is not necessarily bad and it is certainly superior to other online investment websites that have a lot of verbiage but say nothing. However, I sort of read “between the lines” to come up with the foregoing remarks. Here’s the information from the website that is provided about the company. You can draw your own conclusions:
Gippo Miners is operated by Taradon Club Holding Co., Ltd Thailand, registered license is dated November 24, 2018 at Department of Business Development.
The cost of mining Crypto Currencies varies by region. The main cost of mining a Bitcoin is the cost of energy, and energy prices vary wildly across the world. Here at Gippo Miners, we utilize Solar energy farms to overcome the higher cost of conventional energy sources and also have locations in some of the lower energy cost countries around the world. This enables Gippo.io to mine the different coins at profitable, more sustainable rates than the average mining companies.
For the online investor, Gippo Miners offers three investment plans. Here again, no words are wasted and the plans are described in the briefest possible manner. All of them pay interest daily and, although it is not explicitly stated, I am guessing that the investor’s deposit is returned as part of his earnings (I will try to verify this before we review the program). A quick calculation tells me that the plans offer conservative returns that should make the program a good candidate for being a long-term survivor. We’ll get into the details on all this in our review which should be available in the next day of two. Please stand by…
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