Pages:
Author

Topic: Closed - page 6. (Read 10204 times)

newbie
Activity: 45
Merit: 0
August 17, 2013, 07:51:01 PM
#4
I have some questions as to the timing.  I ask them because an operation like this, if it's profitable at all, will continue to be profitable until one day when it isn't.  I want to know how quickly I can bail out when that happens.

If I subscribe on a Saturday, does my subscription run Saturday to Saturday?  Or do all subscriptions run Wednesday to Wednesday?

Will I receive my Wednesday dividend in time to convert it to BTC so I can pay for the next week?

Alternatively, will the dividend be announced in time for me to make the decision whether to renew for another week?

Or, will there be some kind of ongoing stats during the week so I can estimate the dividend before deciding whether to renew?

sr. member
Activity: 294
Merit: 250
August 16, 2013, 11:03:31 PM
#3
Screenshots:




sr. member
Activity: 294
Merit: 250
August 16, 2013, 11:00:30 PM
#2
Reserved for Announcements and FAQ

FAQ
Q) What if not all 50 were sold shares?
A) I will deploy 50 and scale up from there, and only 25 shares have been sold, Coins generated are divided by the # of subscribed shares.

Q) How will you track it?
A) I will use one wallet across all deployed servers to keep track of the full balance. I will give screenshots upon approval.
I am programming something to make it display the wallet balance in real-time, online. I will let you know when that is released.

Q) How will you know if I made a payment?
A) Once you subscribe @ http://www.XPMCoin.com/mining - and you subscribe via coinbase, we will receive your order # and Transaction #
your next step is to submit your application on the next page to begin processing your shares.
We need the application filled out so we have your direct contact and payout address on file.

Q) Can I cancel anytime?
A) Yes, anytime. If you made a payment for week 1 (up front) and you cancel it before Weekly Payout, you will still earn for that paid week.
Need to cancel? Go to coinbase, click subscriptions (merchant) and cancel it there. Contact me if you need assistance.

Q) Is there a money back guarantee
A) We have bills, expensive bills, and huge risks ahead. We are taking on this business model as a risk, just like you, as a investor/customer.  
You won't know the outcome until you try, and we can't guarantee outcomes either. However, no strings attached, so you can cancel anytime.

Q) What are the Server Specs
A) We have about 8 to 24 CPU Cores running across our servers. We plan to implement more 24 CPU cores to maximize increased block earning.

Server stats
Currently running Servers #1 - #25
processor : 23
model name: Intel(R) Xeon(R) CPU   X5650  @ 2.67GHz
---------------------------------------------------
Currently running Servers #25 - #50
processor : 14
model name: Intel(R) Xeon(R) CPU   E5645  @ 2.40GHz
----------------------------------------------------
Awaiting 50 Total Subscribers to run Servers  #50 - #200
model name: Intel(R) Xeon(R) CPU E5410 @ 2.33GHz & more of Xeon X5650  @ 2.67GHz

These have been the best mixture of results. I will open up more of these servers to maximize our earnings.
I plan to deploy up to 200 servers, once 50 Subscribers (50 shares sold) have been reached.

Q) If Difficulty goes up, what happens to block rewards?
A) Block rewards usually goes down as more miners come in play. Currently, I am earning 10.50 XPM per 1 Block.
It is better to maximize now before it gets harder and more miners jump in.

Q) I need support or have a question
A) Sure, contact me, MACO anytime or reach me at [email protected] ( I am always monitoring )

Q) Submitted payment?
A) For speed of implementation purposes, contact maco with your ORDER # or Transaction ID from Coinbase.  
I will start processing everything for you right away (I am usually here).

Q) Is the results or earnings guaranteed?
A) Off course not... we are testing the waters and trying to go on a larger scale into Primecoin XPM mining. No one knows what we will earn or how much... As stated on the site: "We do not offer refunds or money back guarantees or guarantee results or claim exact earnings. Cryptocurrency (Primecoin XPM) earnings are estimates only. You can cancel anytime, and you will begin receiving dividends for that entire payment week.Pool Pot and Subscription Shares per week, day or any coin amount is estimated, and we are not responsible for these amounts. You are paying for shares in our services, and we only will host up to 50 subscriptions." - xpmcoin.com/mining  Note- these have been personal results I estimated for myself and have seen an up and down ratio in the earnings. The estimates are clearly not what you will earn. Please do your own research before investing.

This is clearly something you decide to try or not try... no refunds or money back guarantee.

Q) How fast is difficulty going up?
A) Pretty fast! Faster than what people really think. A few days ago we were around 9.5 difficulty and currently we are operating at around 9.7 difficulty. Earnings of XPM is going down, so we need to act quick.
sr. member
Activity: 294
Merit: 250
August 16, 2013, 10:59:46 PM
#1
**Announcement**
This service has been closed. We simply provided educated guesses to what we can expect from this mining operation. It was a shared mining op with 50 shares spread out and it didn't work out due to heavy rise in difficulty and fast-price drops. However, ever shared investor who didn't sell at the exchange (after handing out the coins) did potentially see a 75% + ROI due to BTC prices reaching $1,250 USD and primecoin reaching $7.00 USD.  Some people wanted to see an instant return right off the bat... which was not possible and made people unhappy. Like any investment, it takes time to build value into something. Share holders did see a return from a minimum of $200 up to $5,000 depending on the amount of shares owned because 6 Weeks later, primecoin and bitcoin both had a tremendous value increase creating major benefits for coin holders.

Primecoin difficulty has increased by 120% since this operation and no longer is equal to the same value per block generation. If this same service was ran actively today... investors would see a huge decline in value, and would never make it profitable unless holding for another 2-3 months hoping the price hits $14 per XPM.

Note: 0.50/BTC investment was traded for $90-$100 USD at the time. Primecoin was traded at $0.50 USD at the time.
In my opinion, the project did not work out, and I ended it with some Investors unhappy no matter how hard I worked at it, and some thanking me for my duties!

www.XPMcoin.com/mining (closed) 50 Share Subscriptions Available for SOLO Mining
XPM Coin is offering a Shared, Cloud Computing Server Solution - Giving You A Hands-Free XPM Mining Solution.  

Thanks for all interest and support in this private funding.
I will go ahead and keep you updated if future Shares do open. We have closed the payment page now.
Send me a private message for future reservations in this investment - In case shares open up/become available
.

XPM Coin will do all the work of setting up servers, optimizing for the best results.
You just make a weekly subscription payment, and earn XPM while you are busy doing other things.

Currently, I am mining about 8-10 blocks/day with 25-50 servers average time on-and-offline
Some servers have been on/off for testing purposes and optimization of better hardware/resources.
I have found my best results, and I am ready to offer XPMcoin.com/mining solutions to the public.

This will only be available and accessible to 50 share subscriptions total. Each subscription (0.50/BTC a week) will count as 1 share.

My efforts counts as 1 share. That is because I am able to get the best available results, and I am constantly monitoring, upgrading,
and optimizing our servers. I work on Primecoin XPM mining 12+ hours a day, and I am ready to dedicate full time to all subscriptions.

Note: This mining business (xpmcoin.com) is not affiliated with Primecoin or its network.
Note: we do not guarantee results! or offer money back. Invest at your own risk.
We are just offering early access for a possible future opportunity to mine XPM as a group if this works out.

*** CLOSED *** No longer a business or a project or service.  Sorry for closing this too soon, it didn't work out after the 2nd trial.
Pages:
Jump to: