Topic: 🔥🔥[ANN] Cointed ICO | 180 mio$ revenue | 100k GPUs | 100+ Bitcoin ATMs 🔥🔥 - page 15. (Read 12703 times)

Thank you for the support! We really appreciate it.

Great company and great vision! I am excited to contribute and become part of it. I already joined the bounty campaign and am looking forward for what is to come.

Yes they are powered by water generated electricity.

So those facilities are running on green energy? Is it water turbine powered?

I've got a few questions:

1. What is the incentive to buy-in your ICO?

As I understand your token is limited to your ecosystem and pretty useless out side of it, which reminds me of BS like "Lyoness Cashback" etc.
Don't get me wrong , I like your ideas and everything, but I just don't see the point why I should invest in you. Whats in it for me?
Because with your token I don't get shit, no shares of revenue, no shares on your company, nothing.
For example other ICOs like Tezos, Electroneum etc. target to be a globally useable and therefore are speculative investments like BTC, ETH and so on.
But your coin doesn't aim to be that. It aims to be the token of your own eco system which by definition is limited to your existence as a company supporting said eco-system and your ability to execute your plans.



2. You have posted and electric bill to prove that you are already operating mining-farms in Austria

I may be wrong here but to the invoice identification looks a bit sketchy. As Austrian law requires that every invoice has an unique alpha-numeric identification, it seems that your hoster, which seems to be a energy company, has only one customer, which is you. Hence "Re Nr 2017-09"doesn't leave much room for uniqueness for the month of September....



3. Your videos/pictures of your Swedish farm

As being involved in datacenter design for almost 15 years  for Austria's Top companies I have quite some knowledge what the "dos and don'ts" are.
It almost gave me a heart attack when I saw your footage. Come on guys really?
No ESD protection while assembling the miners? Power cables across the room so people can trip over them?
What is the power cable diameter lading to one "rack"? If a miner has 10 cards inside and we assume those are 120-150W cards each because of the 6-pin power connector, we get to a possible power drain of ~1,5kW per miner, multiplied by 8 that leaves us with 12kW per rack, which is insane to be powered by such a thin cable. As you are transporting 52A worst case and 30A best case......fire hazard anyone?
Also I am curious about the cooling of the room as I spot 25-30 racks, which would result in 250kW-300kW of thermal energy emitted into that room if we are being moderate with 10kW per rack. Or are you mining Cryptonight so comes down to 1/2 of those figures?



4. You claim that you have specially customized cards for you by Nvidia


Why are those boxes labeled Zotac?
Why would Nvidia go through the trouble of developing a small batch of a product in the first place?
Since when does Nvidia offer alternative designs themselves for a  consumer class product? If you would have been running Tesla or Quadro cards, sure I get it, but not with some 6-pin wafer-yield-cutoffs 960 or 1060

We are still adding more GPU's on a daily basis, so don't worry, the empty space will be filled for now it is easier to work in this fashion to set up the first batch. In the video You can see roughly 18000 GPUs working, another 18 000 are in assembly, we will post a new video soon. With such a huge amount of graphic cards it takes quite some time to get them going, but our team is working on it!

make it look bigger?

Why are the mining machines so spread out? Isn't that taking way to much space? Seems rather curious, is there any reason for that?

Here is an updated summary of threads that are created by community members in other languages:

Italian
Announcements thread: https://bitcointalksearch.org/topic/ann-cointed-ico-180m-di-fatturato-100k-gpu-oltre-100-bancomat-bitcoin-2382987
Bounty thread: https://bitcointalksearch.org/topic/bounty-cointed-ico-180m-di-fatturato-100k-gpu-mining-bounty-da-12m-2383044

Filipino
Announcements thread: https://bitcointalksearch.org/topic/phann-cointed-ico-180-mio-revenue-100k-gpus-100-bitcoin-atms-2312438
Bounty thread: https://bitcointalksearch.org/topic/phbounty-cointed-ico-180-mio-revenue-100k-gpu-mining-12-mio-bounty-2315969

Indonesian
Announcements thread: https://bitcointalksearch.org/topic/ann-ico-cointed-180-juta-pendapatan-gpu-100k-100-atm-bitcoin-2294425
Bounty thread: https://bitcointalksearch.org/topic/ann-ico-cointed-180-juta-pendapatan-gpu-100k-100-atm-bitcoin-2294425

Portuguese
Announcements thread: https://bitcointalksearch.org/topic/ann-cointed-ico-180-mil-de-receita-100k-gpus-100-bitcoin-atms-2340013
Bounty thread: https://bitcointalksearch.org/topic/bounty-cointed-ico-180-mio-de-receita-100k-gpu-mining-12-mio-bounty-2341950

Turkish
Announcements thread: https://bitcointalksearch.org/topic/ann-cointed-ico-180-mio-gelir-100k-gpus-100-bitcoin-atmsi-2336719
Bounty thread: https://bitcointalksearch.org/topic/bounty-cointed-ico-180-mio-gelir-100k-gpu-mining-12-mio-odul-2345702

Romanian
Announcements thread: https://bitcointalksearch.org/topic/annico-cointed-180-mil-venituri-100k-gpu-100-atm-uri-bitcoin-2345381
Bounty thread: https://bitcointalksearch.org/topic/bountyico-cointed-180-mil-venituri-100k-gpu-minat-12-mil-bounty-2345967

Here you can find a review of Conted made by a bitcointalk member - Etheran

https://steemit.com/ico/@cryptoeth/cointed-ico-review

Just in case some people still think that Cointed Ltd has provided correct information about their assets and its business.

On November 10, 2017, Cointed GmbH founder Christopher Rieder confirmed via Email that not the Hongkong-based Coined Ltd holds the shares of Cointed GmbH but he himself.


In this Emails Rieder claims that he has nothing to do with the other people in Crypto Unity OG (Charli AHO, Daniil ORLOV) even though they claimed that this is a Cointed Ltd subsidiary. Even though Rieder holds himself out as CEO of Cointed Ltd on the ICO website (www.cointedtoken.com) he claims that he is not responsible for the ICO. Strange, isn't it?

Meanwhile, Cointed Ltd had to admit that Crypto Unity OG is not a Cointed subsidiary. In the White Paper, they simply replaced "Crypto Unity OG" now with "Swiss Crypto Group", another company nobody has heard and was set up just recently.

I really wonder how Deloitte has testified that? We already reached out to them and will report back on the results.

Guys, what do you think about the ICO? how promissing the project is?

Here is the official YouTube Channel of Cointed: https://www.youtube.com/channel/UC4nAiP_PLziId4tHniKgtIQ
 Please subscribe and expect new videos coming soon.

Here is a really nice article about Bitcoin ATMs and Cointed took part in it!

Here Is What You Need to Know About Bitcoin ATMs: https://medium.com/@coinstaker/ever-heard-of-bitcoin-atms-here-is-what-you-need-to-know-254d2d72cfb2

After reading it, please share your opinion.

Thank you!

Hello,

We understand  your point of view.

Here is an album with pictures of a Cointed LTD Mining Farm: https://imgur.com/a/xjiem

And here is a walk around video of the facility in Sweden: https://www.youtube.com/watch?v=3lhUOf7KJxA

Thank you

I would like to see some photos or even better, footage of what the company's mining facilities look like. It seems to me that those mining operations are the financial backbone of the company, so we the investors ought to know what Cointed currently has established in terms of establishments.

Hey, great to hear!

After the purchase the tokens are immediately credited to your account.
The benefits of the token you can use after the end of the ICO

I am familiar with Cointed as a company, I also familiarized myself with the products and services, and I think that there is great value behind the idea.
What I want to know is how long does it take for me to receive my tokens after purchase, and does the benefits the token provide apply upon purchase or the ICO needs to end first? 

Hi roller_coiner,

to clarify: the 100 ATMs are not going "to be" set up across europe - more than 60 are already operating. The rest is already ordered or currently being installed. If you check coinatmradar.com you´ll see 61 ATMs listed as of today. Like we said before: many ATMs are installed in private clubs and therefore not publicly listed.

This is not a mere idea - it´s reality already.

As to our expansion plans for ATMs: We are currently based in Austria, Hungary, Italy, Spain and are looking to expand to Asia as well as open more offices and install more ATMs in Europe.

I have used Cointed's exchange services even before talk about the ICO ever started.  I.e. I have trust in the company. What is really interesting to me is that up to 100 ATM are to be set across Europe, what does that mean, more specifically - where in Europe does the company plan to expand?