Hello Community,
First off, thank you for all the support here for the BitStone project.
I will surprisingly say the BST markets went haywire last night touching 99K + satoshis.
The cost to mine was 3030 sats avg, so I'm happy the early supporters made a few bucks.
Let me also say we are just getting started, and there is plenty of room to expand and grow.
I wanted to talk about how we plan to keep continuous demand on BST markets assuring this train keeps on chugging.
Anyone know about the Brand New Avalon 6 Bitcoin Miners?
These miners utilize Avalon's newly designed 28nm ASIC chip, which is the 5th generation chip that Avalon has successfully produced since their first chip in 2013.
Each miner is putting out about 3.5 TH +/- and they are super efficient!
Well, we have about 40 of them running in our warehouse right now.
Yes BitStone Team has a rather big mining operation, and some of these miners will be dedicated to mining BTC for the BST market support and buy pressure.
That's right, we will dedicate 3 Avalon 6 Bitcoin Miners to continually mine for BTC to be then sent over to exchanges to build more and more support daily.
This will ensure that stakers that like to daily dump their 1% a month earnings can do so freely without worrying about hurting the market, as we will be here to set aside support with the Bitcoin Miners on exchanges.
I will post the Public BTC address within the next day or two, and will post here in the thread everytime BTC is transfered from the BitStone BTC Miner Wallet to the Exchanges - and the price the orders are placed.
We are looking to truly build an economy here folks, and would really appreciate the community to show your support, and send a tweet or two about us on Social Media.
https://twitter.com/BitStone_Devs/status/671032380661096448The bigger we are as a community the more successful this venture will be.
Also please keep in mind that the BitStone Thread Store that will be hosted on BitcoinTalk is just an opportunity for everyone to see a sneak peak of a few things we will be offering along with our prices on these items.
Also this store thread :
https://bitcointalksearch.org/topic/bitstone-bst-store-use-your-bst-to-purchase-diamondsgemsgoldetc-1269234 is still under construction and prices and final items will be filled in there shortly. Please be patient.
Gold and Silver will for the most part be 10% under spot, yea that's saying a lot but we CAN and WILL do this.
Must get going, more updates soon.
BitStoneDev