HomeMine (HMT) ICO Review, Rating and Analysis

What is HomeMine?

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After production starts, the HMT token may be exchanged for the HomeMine network filter. The HMC coin mined with the help of the device also serves as a means of paying for new network filters based on: 1 HMT = 1 HMC = 1 device = $42

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All HomeMine devices are connected to the mining pool of the project in which HomeMineCoin is mined. The mined coins may be sold on a guaranteed basis to the project administration at a fixed rate of $42 per 1 HMC, and the earned money may be withdrawn to a wallet or card.

Transparency of settlements
Living ecosystem
A single equivalent of $42
Reverse buy-out of coins

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Technical Characteristicsof HomeMine:

CPU: 1000MHz
ASIC chip: FCBGA481
Hash Rate: 1.7 – 3.1MHs (1.75MHs stable)
Operating temperature: 0 – 40°C
Power supply: 100-220V AC
OS: Linux
Power consumption: 0.8 – 1.1V
Mining algorithm: Scrypt

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HomeMine Testing are Impressive

To date, 10 HomeMine devices are working in a test mode in different parts of the world: in Mexico, Germany, India, Russia, USA, China and Brazil. The first performance indicators speak for themselves.

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172%

is the average ROI of the HomeMine device

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33,5

days is the average paybackperiod of the device

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$94,8

is the average revenue per device per month

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HomeMine on your Smartphone

The HomeMine application for the phone will help you to quickly get the information about the operation of your devices in real time. The application receives the most important data related to the functioning of filters.You can see the average indicator of the device hash rate, the earned HMC coins, progress in kWh before mining the next coin, the total earnings in USD available for withdrawal to the wallet, and much more. All data is always at hand!

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Full Data Monitoring

The PC application will make it possible to carry out advanced analytics and estimate the efficiency of HomeMine filters functioning using a set of parameters.You can configure advanced monitoring of working capacity and efficiency of all filters connected to the pool and monitor both the overall statistics and the parameters for each individual filter. The necessary data may also be uploaded to summary reports.

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HomeMine Project Development Plan

2018

July

Development of own mining chip for mass production:

Improvement of the chip based on the existing test sample with maximum performance and stability indicators.

August

Development of software for accounting energy used for profitability calculation:

Development of a Smart Meter system to monitor the consumed power of appliances connected to the device and transfer these data to the cloud service for processing.

September

Optimization of the power supply and device safety:

Optimization of the stable chip operation in the set temperature mode and compatibility with other chips that ensure operation of a single-board computer and its systems.

November

Cloud service for profitability calculation and fee payment:

The cloud service provides transparency of profitability calculation and allows you to order payments or set up auto payments to transfer income to a bank account or cold wallet.

December

Improvement of industrial design of the device:

Preparation for mass production: creation of a new body, implementation of optimized equipment, taking certification procedures.

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2019

February

Development of mobile applications for basic operations:

Creation of applications for Android and IOS with the help of which you can manage the device, promptly receive profitability calculations and manage payments.

March

Organization of a production line and fulfillment system:

The production line is planned to be launched in the territory of the Republic of Belarus. Arrangement of warehouse accounting and a full cycle of logistics from the warehouse to the door of your house.

April

Start of equipment mass production:

Start of mass production of HomeMine devices on its own production line.

May

Placing HMC coins on Bittrex and Poloniex cryptocurrency exchanges:

Upon completion of the delivery of the first batch of HomeMine devices in the scope of 1,000,000 pieces, the HomeMineCoin coin will be requested for placement on key cryptocurrency exchanges.

July

The start of HMC buyback at a fixed rate on the project site:

Implementation of the project business model that guarantees repurchase of HMC coins mined by devices at a fixed exchange rate of $42.

September

Organization of fee withdrawal to the bank account or card:

Integration of the external payment system which will allow to pay the mined HMC coins in the Fiat currency, in the ways convenient to participants.

October

Development of an industrial sample of miner for other types of devices:

Creation of a universal passive miner that can be integrated directly into other electrical appliances.

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2020

March

Development of co-products with electrical manufacturers:

Cooperation with companies that produce household electrical appliances in order to create a joint product with an integrated miner.

June

Marketing an economical household appliances brand:

Starting the sale of a new kind of dual-purpose household appliances which would compensate expenses on its power consumption at the expense of integrated mining.

September

Launch of two production lines for the b2b segment:

Organization of production facilities for mass production of a universal miner intended for industrial integration into electrical appliances.

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HomeMine ICO review and analysis

Below you can read our objective review and analysis for HomeMine (HMT):

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Strengths

Roadmap seems realistic and achievable considering the size of the team and goal for funding
Detailed descriptions about the funds allocation and bounty program allocation

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Potential concerns

Small social media communities that are pretty inactive. No media coverage found on organic google searches
No partnerships presented on the website
No specifications given about maximum amount of tokens to be mined