the OP is also known as BTCLoader and BTCDumper
here he is trying to set up an escrow service to start a mining farm before even learning about how to mine bitcoin
(link to save space from long advertising post he made)https://bitcointalk.org/index.php?topic=1590472.0
here is a quote from him that shows same writing style
The have been few decentralized Project going on around bitcoin for a long time now so i want to ask the users of this great forum
We want to know what people want
Which decentralized Project will you like?
and how do you think it will help the bitcoin community?
he has tried to remove some of the green writing by editing posts of the btcloader persona to hide his writing style and past actions to (fail) attempt to pretend he is not this new persona.
but you will see by the other quotes i gathered while outing him, that he did love his coloured writing
here is where i outted him about his obsessions of starting new projects to just grab funds from people to pay off some gambling debt of his. without any knowledge of the industry he wanted to "get involved in"
scam
after reading the OPs post history. he still lives with parents and worries about electric. he does not even have 2btc (ill explain later) to his name. so even before anything he does not have any/enough hash power to start a new pool that will get some blocks (minimum 0.7% of network hashpower for a chance of 1 block a day)
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement
I prefer to Work hardIF I WAS ABLE TO mine BTC on the computer at my mothers house in the basement i would have taking the beating of my life because it makes a hell of nose and it increase the electricity billeven just 3 weeks ago he was penny pinching the faucet sites
Please everyone, which site is the best Faucet site?
which shows he hold no real capital/assets. otherwise he would not need to spend hours to get 50cent a day of bitcoinby raiding faucets.
general rule: people with a real life job to buy bitcoin or already holding bitcoin dont raid faucets.
he has no money management skills
at most he wants to take a loan out for 3Btc and pay that person back 4btc in 2 months..
he has no clue of return of investment timescales. and no clue of how much it will cost.
i feel he wants to rob from the community to repay a 3BTC loan which he wasted on gambling.
proof of loan and not understanding ROI from mining
A friend of my want to give me 3BTC and he want me to pay him back 4BTC in 2month 7days but he asked me what will i do with it, how can i turn 3 bitcoin to 4 in 2 month 7days, what is the best investment that can give me good ROI in that short period
So please i ask for your advice
proof he doesnt know mining pools or set up costs
I am thinking different investment to do with bitcoin than gambling and i want to ask what will it take me to start a bitcoin mining pool
Site Development Cost?
Developers fee?
Please what are needed and what is the total money needed to start the development of the pool + maintenance?
how will i make my money back?
Is the to much to worry about?
proof he lost funds gambling and is trying to penny pinch, steal funds from community
I registered on a site that plays dice ...... i played with all my money in just 10 second of playing that game my money vanished i fell from the chair i was siting to the ground i was not even able to see well for some time because of the shock
.... how much was the amount that you fell from the chair to the ground ?....
2
BTCin short the OP is now pennyless and is trying to scheme money out of others.
he does not even hold 2.7btc needed to buy a single antminer S9
think about it. if peoples funds are locked in escrow, how will he be able to buy the miner needed...
do not fool(pun: fall, fool) for the OP's scheme.. its definetly a scam
hope this helps people know who you are talking to, as it seems he wants to avoid due dilegence by creating a new persona to hide his previous actions.
i know he and others will say this new persona has not actually asked for funds(at all/yet).. but the obvious future posts will eventually be asking to hand him funds.. so much easier to 'nip it in the bud' before he escalates to the point of getting funds from people.
lessons to learn OP.
dont be shady
dont try to start an obvious money grab scheme under the false pretense that it will be beneficial to the community, (playing on peoples generocity/comunity spirit)
if you are going to do something good, be transparant. reveal your real life info if you want to handle peoples funds.
if you are going to do something good, learn to walk before you plan to run away.