IONMining
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
ION Mining is a cloud-mining platform offering remote Bitcoin and cryptocurrency mining contracts without users having to buy hardware. New users receive $15 of free computing power on registration, and contract plans range from $15 for one day to $11,000 for 30 days, with the platform advertising daily interest rates of around 2–5%. The company claims to be legally registered in the UK and to operate over 100 data centers across Eastern Europe, North America, the Middle East and South America. No failure event has been reported.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Cloud mining service launched
ION Mining launches its free cloud-mining service with $15 signup credit and tiered mining contract plans (daily rates advertised around 2–5%).
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.