Frequently Asked Questions

What is Quake Mining?

Quake Mining is located in Quebec, Canada one of the most stable geopolitical zone in the world. We have low cost green hydro -electricity at 0.024 USD per kW/h, yes you’ve seen right 2.4 cents kW/h. We have a cold to very cold weather half of the year which will increase our savings in energy. We will be using the most advanced available mining equipment and diversify between GPUs and ASICs. We have the best reinvestment plan with a huge 25 % of everything we mine which will lead to an increase in our pay-out within the first year. Our chief miner and advisor has been mining cryptocurrency since 2014, his experience will be most profitable for us.

What are the advantages of Quake Mining?

  • Quake Mining is located in Quebec, Canada one of the more stable geopolitical zone in the world.
  • We have low cost green hydro -electricity at 0.024 USD per kW/h, yes you’ve seen right 2.4 cents kW/h.
  • We have a cold to very cold weather half of the year which will increase our savings in energy.
  • We will be using the most advanced available mining equipment and diversify between GPUs and Asics.
  • We have the best reinvestment plan with a huge 25 % of everything we mine which will lead to an increase in our payouts within the first year. Our chief miner and advisor is mining cryptocurrency since 2014, his experience will be most profitable for us.

Is Quake Mining eco friendly?

Quake Mining will run on 100% green hydro-electricity, which is the main power source in Quebec. Our goal is to use only renewable and sustainable energy. Green energy is the future of the blockchain and mining business, with our eco-friendly approach we will make the mining business adaptable for a wider audience.

What’s your overall strategy?

Our strategy is very straightforward:

  1. Raise funds,
  2. Leverage those funds to procure the best mining equipment and other necessities at the lowest possible prices,
  3. Set up the hardware in a suitable facility;
  4. Start mining;

Distribute what we mine to our Token Holders.

What is cryptocurrency mining?

In a cryptocurrency network, mining is the validation of transactions in that cryptocurrency. The encryption necessary to do it requires significant computing power. For contributing to this effort, successful miners receive cryptocurrency as a reward.

Who can invest?

People from all nations can participate in Quake mining ICO,

EXCEPT RESIDENTS OF THE UNITED STATES AND GREEN CARD HOLDERS, RESIDENTS OF CANADA AND ALL COUNTRIES WHERE TOKENS ARE CONSIDERED AS SECURITY.

How can I participate in the ICO?

Click on the “Join ICO” button, create an account, click on BUY Quake token you will be provided with all relevant information

What is the Minimum and Maximum investment?

The minimum investment is 100$ and the maximum is 10 000$ USD of cryptocurrency, for more please contact us at admin@quakemining.com

Is there a KYC process?

We will do KYC for investors of 2500$ and more.

What cryptocurrencies do you accept?

We accept Bitcoin , Ethereum, Litecoin, and Dash

What is your soft cap and hard cap?

2, 250, 000$ is our soft cap and hard cap is 31, 050, 000$

Your soft cap and hard cap are so different in size?

we still can start and operate a mining facility with our soft cap, bigger is the amount raised, bigger is the crypto mining.

Do I need a special wallet for the tokens?

You will need an ERC20 compatible wallet to store your Quake token tokens.

When does the ICO start and finish?

ICO Pre-Sale Start on April 15th 2018.The ICO will follow starting may 1 st to July 15th.

What platform does the ICO run on?

ICO running on Ethereum platform (ERC20)

How many tokens will be available during ICO sale for contributors?

Total availability of tokens during ICO sale is 26.5 million.

How many Quake token exist?

There are 33 million pre-mined Quak token and there won’t be more created.

What if the minimum goal is not reached?

If the minimum goal is not reached the contributions will be refunded to the contributors.

Is there a bounty or affiliate program?

Quake Mining will run both Affiliate and Bounty Programs.

The total amount of tokens available for an affiliate program is 1.65 million.

The total amount of tokens available for bounty program is 1.5 million.

For more info please refer to the bounty thread on bitcointalk here.

Can I send cryptos from exchange wallets?

No, don’t send your payment from an exchange but you can send it from any wallet .You will have to provide your erc20 token wallet  address in your account in order to receive your tokens.

When will I receive my token?

Tokens will be distributed within 2 weeks after end of ICO, Same for bounty and contests.

What happens to unsold tokens?

Unsold tokens will be burnt at the end of the ICO.

What is the price of the Quake Token?

1 Quak is worth 0.90 USD in Pre-ICO, then the first round of ICO 1.10$ USD consecutively round 2 will

start as soon as all token from round one will be sold, The price for round 2 will be 1.20$ USD,

Then round 3 will start when round 2 tokens are sold, the price of 3rd round will be 1.30$ USD.

Will you send user profits directly to his wallet or pay him directly to his platform account?

Profits are sent to the user’s personal erc20 wallet.

When will be first payouts?

We plan to make the first payouts to token holders in November, 2018

Which Equipment will you use?

Since a lot of progress is made quickly this year in cryptomining industry we are actively monitoring the most recent development of Halong mining, Nvdia, Amd, Bitmain, ASIC miner, Bitfury and other unknown manufacturer to make an effective decision and buying the most profitable equipment for our community.

How much ROI will I make on my investment and why we don’t see promess pr return on your site?

Since the hash rate is always rising to a speed that sometimes can surprise everyone, even with our 25%re-investment, it cannot be predicted by anybody on earth, so instead of giving you false expectation, we pledge to do our best to give you the best payouts for life.

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Website: https://quakemining.com
Info: info@quakemining.com
Support: support@quakemining.com