Topic: [ANN] - New project - (SBM) SnowBallMining ICO Announcement (Already mining !) (Read 216 times)

The profile section of their dashboard includes an optional section for personal information and SBM doesn't actively solicit to US investors.

The datacenter colocation partnership is with QTS, a publicly traded corporation, with datacenters located internationally. Snowball Mining is able to host miners, under the agreement with QTS, in any country in which they operate. The operations started out and are operational in Canada, where new hardware is assembled and SBM is registered in Belize (See Genesis Mining, OKExchange, others) , not falling under the jurisdiction of US Law.

Please also read the terms and conditions section of the White Paper (excerpt):
‘’The Tokens are structured as unsecuritized profit participation rights. The Tokenholders shall
participate in accordance with the provisions of this Agreement in the profits of the Issuer, but
not in its loss and assets. No securities shall be issued; the Tokens and the profit participation
rights represented by the Tokens shall not be represented by a security or certificate. The
Tokenholders shall not be entitled to claim securitization.’’

On another note, check out the new Bitcointalk Thread here, as we will close this thread shortly!

This post is closed.

You can follow the new Channel here:
https://bitcointalksearch.org/topic/deleted-thread-4841102

My understanding from SBM admins is that there is no KYC check and no US investor accreditation process, despite the impending move to Oregon.  Seems like that would be unwise given that you're selling unlicensed securities.  I'm interested in investing but that's a huge concern for me.

// UPDATE 21.06.2018 //

A) Current Inventory:
     1085 x Antminer S9 hashing at 14.64 PH/s
     165 Dragonmint T1 hashing at 2.97 PH/s

     Total hasrate: 17.61 PH/s
     Estimated Current Daily Reward from Mining:  0.9091491 BTC/day

B) Inventory awaiting parts before setup (miners without PSU [ordered and enroute or recently delivered and unpacking], cabling for RJ45, etc)
     0 x Antminer S9
     0 x Dragonmint T1

15% bonus until the end of the month.
20% bonus ? PM me.

// UPDATE 16.06.2018 //

A) Current Inventory:
     917 x Antminer S9 hashing at 12.32 PH/s
     152 Dragonmint T1 hashing at 2.73 PH/s
     Current Daily Reward from Mining:  0.78 BTC/day

B) Inventory awaiting parts before setup (miners without PSU [ordered and enroute or recently delivered and unpacking], cabling for RJ45, etc)
     168 x Antminer S9
     13 x Dragonmint T1

Target completion of setup for outstanding inventory is June 27th. New hardware orders will be placed after June 30th and Before July 5th following community discussion.

====================================

SnowBall Mining PreSale has Started.
Current Token Purchase Bonus: 15%

What is it?
A token backed by an active mining project that entitles the holder to receive ETH dividends directly into their erc20 wallet at the end of each consecutive month. Our current fleet of miners include over 900 Asic units for a total network hashrate of 12.2 PH/s as of June 3rd, 2018.

Where is it?
The project is undertaken in Quebec, North Canada. Natural air cooling, cheap hydro energy rates along with solar panels offset much of the Maintainence & Electrcity costs associated with mining.

When is it?
PreSale starts from June 1 - June 29th. For the early adopters that purchase SBM tokens during the presale will be the first to be rewarded mining dividends on June 30th. PreSale advantages also include a 15% SBM Token bonus. Public token sale will start July 1st until August 15th, 2018 in four stages.

Why are you having a PreSale if the project is already running?
We are concentrating on hashpower growth exponentially in the next few months. We have re-structured our assets to pay for the low MEFs so the investor receives the highest profit from the mining rewards.

How are you expanding exponentially?
Using the crowdsale funds to purchase next-gen hardware that are more efficient to maintain while delivering more rewards. We have structured the tokens so that we do continuous monthly reinvestments towards more hardware while growing the hashrate, offsetting difficulty while growing and sustaining mining dividends for the investor.

========================================================
You can invest here: http://www.snowballmining.io/token-sale.html
========================================================
*Once you send ETH, wait up to 24 hours for the airdrop to your ETH. Make sure the ETH address you are sending from is erc20 compliant. MetaMask and MyEtherWallet are examples of erc20 wallets.*

1 ETH = 600 SBM
[Your invested ETH amount x 600 = Your expected number of SBM tokens], example: Igor invests 0.1 ETH, so he will receive 60 SBM.

More information available on:

Telegram channel
https://t.me/snowballmining

Whitepaper and Roadmap:
EN: http://www.snowballmining.io/Whitepaper_SBM_v2.4.pdf

FR: http://www.snowballmining.io/Whitepaper_FR_SBM_v2.4.pdf

PH: http://www.snowballmining.io/Whitepaper_FR_SBM_v2.4.pdf

==============================================

**Make sure the ETH Wallet is erc20 Compatible. https://www.myetherwallet.com/ is a free and safe wallet.

Sign up at https://www.myetherwallet.com/

Add Custom Token with following credentials

Contract Address: 0xAf2DE5cB07d8F5dE2369fF104150fef9dC0E604b
Decimals: 18
Token Symbol:  SBM

Once you have completed this, add this wallet address to your Snowball Mining dashboard and complete your token purchase.

Bonjour, Hola, Hello, Howdy, Salaam, Ni Hao, Namaste!

SnowBall Mining PreSale has Started.

What is it?
A token backed by an active mining project that entitles the holder to receive ETH dividends directly into their erc20 wallet at the end of each consecutive month. Our current fleet of miners include over 900 Asic units for a total network hashrate of 12.2 PH/s as of June 3rd, 2018.

Where is it?
The project is undertaken in Quebec, North Canada. Natural air cooling, cheap hydro energy rates along with solar panels offset much of the Maintainence & Electrcity costs associated with mining.

When is it?
PreSale starts from June 1 - June 29th. For the early adopters that purchase SBM tokens during the presale will be the first to be rewarded mining dividends on June 30th. PreSale advantages also include a 15% SBM Token bonus. Public token sale will start July 1st until August 15th, 2018 in four stages.

Why are you having a PreSale if the project is already running?
We are concentrating on hashpower growth exponentially in the next few months. We have re-structured our assets to pay for the low MEFs so the investor receives the highest profit from the mining rewards.

How are you expanding exponentially?
Using the crowdsale funds to purchase next-gen hardware that are more efficient to maintain while delivering more rewards. We have structured the tokens so that we do continuous monthly reinvestments towards more hardware while growing the hashrate, offsetting difficulty while growing and sustaining mining dividends for the investor.

You can register here: https://ico.snowballmining.io/

More information available on:

Telegram channel
https://t.me/snowballmining

Whitepaper and Roadmap
http://www.snowballmining.io/Whitepaper_SBM_v2.3.pdf

Welcome!

We are pleased to announce the future launch of an ICO for a project named SnowBallMining (Bitcoin & Altcoins Mining)

Erc20 Token Contract: 0xAf2DE5cB07d8F5dE2369fF104150fef9dC0E604b
Symbol: SBM
Name: SnowBall Mining
Decimal: 18
Total Supply: 21,000,000

https://etherscan.io/address/0xaf2de5cb07d8f5de2369ff104150fef9dc0e604b

Mining has already started. Token sale will follow.
SBM Token holders will be entitled to monthly dividends at the end of each consecutive month.
We will be adding altcoin mining in the coming month, leveraging green energy to keep running costs down.
Third party revenue is also in studies to include co-location service for consumers who want to utilize our facility to host miners for a fixed fee using unused capacity.

Telegram channel
https://t.me/snowballmining

Whitepaper, Roadmap, Terms & Conditions & more
http://www.snowballmining.io/Whitepaper_SBM_v2.3.pdf

Any corrections or suggestions on the document will be appreciated.

More information will be posted in the coming days.
And chat a bit around, you guys are the first to know about the start of Snowball Mining!