HomeMine
HomeMine
Token: HMT


Passive Mining on Household Electrical Appliances

ICO dates
Start date: 2018-05-21
End date: 2018-06-21

Registrated in: Estonia

Platform: Waves
Type: Waves

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https://homemine.io Screenshot
HomeMine categories
Electronics Energy
HomeMine whitepaper
Video
HomeMine token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 5,250,000 USD
Hard cap 38,430,000 USD
Tokens for sale 960000
Price 1 HMT = 42 USD
Minimal investment 21 USD
Acceppting BTC,ETH,LTC

HomeMine offers an opportunity to earn money on passive mining on household electrical appliances. We make mining a simple daily activity that does not require investments and technical skills. HomeMine is a 
budget-oriented device in the form of a network filter with an integrated mining chip to be used for passive mining in home conditions. Just plug any household appliance into the filter to launch the mining 
process. You mine every time you use a kettle, a microwave, charge your smartphone and so on!

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. 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

HomeMine news, social
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Random whitepaper excerpts

Contents
Foreword
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2
About the product
………………………………………………………………………………………………………….
3
HomeMine Ecosystem
………………………………………………………………………………………………
.
5
Technical characteristics
..…………………………………………………………………………………….
6
Principle of device operation
…..…………………………………………………………………..…….
6
Project relevance
..…………………………………………………………………………………………………
.
………
7
Market analysis
..…………………………………………………………………...

Foreword
The times when it was possible to earn money on mining from home by simply using the
computing power of a personal computer in the background are far behind. In 2010, you
could get hundreds of bitcoins in this way at a half a dollar rate, but in 2014 the ordinary
CPU mining began to lose its relevance and was replaced by specialized ASIC chips
released by Butterfly Labs specially for BTC mining, and then GPU whose efficiency
exceeded the CPU by hundreds of times.
But the complexity of hashing is constantly increasing, and for the past two years the
mining barrier to entry into mining has become critically high for an ordinary person both
in terms of financial equipment costs and in terms of required competencies. Even if we
do not take into account BTC and ETH whose profitable mining now requires investment
of $35,000 in equipment, and focus on cheaper altcoins whose mining does not require
such impressive investments, it also requires a variety of technical and financial skills.
To...

About the Product
HomeMine is a project to develop a budget device for everyday home mining and bring it
to the IoT market (Internet of Things). This device is universal and can be integrated into
any design or electrical appliance, from kettle to air conditioner. As a prototype for the
launch, we integrated the device into a network filter to which you can connect any home
electrical appliances (kettle, microwave oven, hair dryer, refrigerator, etc.) using the energy
spent on their work to initiate the mining process. Thus, HomeMine device allows for
passive mining in a domestic environment without the cost of expensive equipment and
can reduce the cost of consumed electricity or even bring you profit by doing routine
operations with household appliances that all people do every day.
The electricity that you spend on household needs is used with a double benefit and dual
purpose with the help of the HomeMine device, although you only pay for it once. A
network filter allows you to organize a kind ...

hairdryer, but every time you use the next appliance, you just need to plug it into the HomeMine
outlet.
Make mining comfortable and safe:
This type of mining is not an end in itself for the sake of making money, but a useful assistant
which will save your energy costs that you still have to incur every day. In this case, the
HomeMine works without any discomfort: it does not make noise, does not take place, does not
pose a threat in terms of fire safety, does not heat up and does not require solving the cooling
problem, as in the case of traditional crypto farms. It is worth mentioning once again that
HomeMine is not a way to make a profit, but a method of reducing the cost of electricity used in
everyday life.
Save on electricity:
Each time you plug in any electrical appliance in the HomeMine outlet, you initiate the mining
process. At the same time, you do not spend extra money on this process: the energy consumed
by the device is comparable to the error of the electricity meter and is so...

HomeMine Ecosystem
The HomeMine system consists of the following complex of interrelated elements:
Network filter
is a physical device with 8 outlets, where ASIC chip for mining, a single-board
microcomputer, bluetooth, WiFi and an electronic system for consuming electricity are integrated.
The device is connected to ordinary household power network. To initiate the process of passive
mining, you need to connect the electrical appliance that you are going to use to the network
filter. The device is managed through a special application where all the data on earnings,
electricity consumed and mining efficiency is displayed.
HomeMineCoin (HMC)
is
the crypto-currency of HomeMine system which is mined during the
use of any household appliance connected to the power supply through the HomeMine network
filter. HMC may be exchanged for fiat money through the HomeMine application at a guaranteed
fixed rate;
HomeMineCoin Wallet (HMC)
is a hot wallet for storing the coins mine...

Technical Characteristics
CPU:
ASIC chip:
Hashrate:
Mining options:
Mining algorithm:
Power consumption in passive mode:
Power consumption in active mode:
Power supply:
Working temperature:
OS:
Wireless interfaces:
Color:
1,000 MHz
FCBGA481
1.7 - 3.1MHs (1.75MHs stable)
Only in a specific pool
Scrypt
0.5V
0.8 - 1.1V
100-220V AC
0 -
40°C
Linux
Bluetooth, Wi-Fi
Black
Principle of Device Operation
The device works in the standard mode of a network filter. The energy flow passes
through current and voltage meters that transmit data to the device running under a Linux
operating system where the power consumption metering program is working. When the
circuit is closed as a result of connecting any appliance to one of the device outlets, the
operating system exits the hibernation mode, activates the electricity metering systems
and the mining program, as a result of...

The device hashrate, taking into account its low power consumption, is optimally suited
for mining based on the Scrypt algorithm. This means that HomeMine can potentially
extract crypto-currencies such as Litecoin, Zcash, Monero. However, to accelerate the
payback period, increase ROI and speed of earnings, we have developed our own HMC
coin and adapted the device solely for its mining. Arguments in favor of choosing this
particular business model are detailed in the
Evidence Base
section.
Relevance of the Project
Cloud Mining
Cranes
First IoT
startups
The idea of household mining has long been in the air. This is due not only to the fact that
the entry to traditional mining has become very expensive and difficult in the past 2-3
years, in fact, inaccessible to the average person, but also thanks to the idea of
rationalizing the process itself, optimizing the labor costs for maintaining it, which would
make mining a more practical and everyday affair. The more a...

developer' working with the bitcoin protocol), the device could be connected to any user
devices that have Internet access (smartphone, tablet, laptop, router) and mine bitcoins.
But the device had a too low hashrate for these purposes, costing $400, which could only
disappoint the users who bought it for the sake of mining.
Latest startups in the field of passive mining are becoming more practical and
focus on everyday aspects of life, offering the consumer the product that he
somehow still uses in everyday life, but providing him with an additional useful
option with the function of monetization
.
Home Mining
Profitability
of devices
For example, such IoT projects may include
Smart Heater-Miner
by Ukrainian company
HotMine
. This device is equipped with BitFury chips (29.4 TH/S), designed as a boiler,
and has a water cooling system, which allows to simultaneously carry out the mining
process and fully heat the room, using Heater-Miner not only as a radi...

HomeMine Roadmap

1
July 2018
Development of own mining chip for mass production
2
August 2018
Development of software for accounting energy used for profitability calculation
3
September 2018
Optimization of the power supply and device safety
4
November 2018
Cloud service for profitability calculation and fee payment
5
December 2018
Improvement of industrial design of the device
6
February 2019
Development of mobile applications for basic operations
7
March 2019
Organization of a production line and fulfillment system
8
April 2019
Start of equipment mass production
9
May 2019
Placing HMC coins on Bittrex and Poloniex cryptocurrency exchanges
10
July 2019
The start of HMC buyback at a fixed rate on the project site
11
September 2019
Organization of fee withdrawal to the bank account or card
12
October 2019
Development of an industrial sample of miner for other types of devices
13
March 2020
Development of co-products with electrical manufacturers
14
June 2020
Marketing an economical household appliances brand
15
September 2020
Launch of two production lines for the b2b segment
Georgiy Sandarovsky
Georgiy Sandarovsky CEO & Founder

Sergey Kerzhentsev
Sergey Kerzhentsev Designer-developer

Maria Ashikhmina
Maria Ashikhmina Senior Developer

Konstantin Melekhin
Konstantin Melekhin Blockchain Developer

Yuri Kravtsov
Yuri Kravtsov Web Designer

Konstantin Melnikov
Konstantin Melnikov
Chief Engineer
Senior Marketing Manager
Valentina Smirnova
Valentina Smirnova
PR, SMM
Research and development