I like to take 1 share, and like the idea of doing an payment through btcrow.com. Let me know if you are ok with that.
edit: Looks like btcrow.com has min of .25. Let me think about this more...
Topic: [CLOSED-HASHING NOW]Doc's Instant Hash R1 - 0/18 shares available 0.1BTC=10GH/s - page 3. (Read 2171 times)
January 29, 2014, 05:17:38 PM
January 29, 2014, 05:12:36 PM
I would like to buy a share or two, escrow would be awesome though. If you want me to set up escrow I can do it on btcrow.com and I release the money after you pay out from the first payout of hashing which brings me to my main question; how often will there be payouts (and what pool are you using)? So if u get enough people yeah count me in for two shares just to help you get started and it's quite a good price/gh 
January 29, 2014, 03:47:19 PM
I appreciate the feedback.
Answers for (most of?) your questions:
1. This is going to run on equipment currently owned, and will be switching to newer hardware in the next month (most likely an Antminer or equivalent) to keep the hardware running longer. As I mentioned, hashing starts tomorrow, and when the hardware isn't able to continue paying the hosting costs, the proceeds from the sale of the hardware is split amongst shareholders.
2. I'm not too familiar with the escrow services available here but it's something I'll look into for this and future rounds.
3. I'm a full time software / network engineer, working in San Francisco. I've been professionally managing servers since 1999, and mining bitcoins since early 2013. In this case, my mining operation is completely accessible from anywhere I have my phone, down to being able to power down the power strip and power it back up for full system reboots.
4. I'm not an overly social person so not too well known on many forums, but I've dealt with a few people here - bought one of Cablez power cables for some Jalapeno's I had...which I later gave to lightfoot to help in his insane jally modding.
5. Not a ton of recent ebay activity, mainly selling spare hardware, but you can see my profile here:
http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=bcsin2k&ftab=AllFeedback&items=25
Again, I appreciate the feedback - it all just helps things run more smoothly!
Any other questions, PLEASE feel free to ask!
Answers for (most of?) your questions:
1. This is going to run on equipment currently owned, and will be switching to newer hardware in the next month (most likely an Antminer or equivalent) to keep the hardware running longer. As I mentioned, hashing starts tomorrow, and when the hardware isn't able to continue paying the hosting costs, the proceeds from the sale of the hardware is split amongst shareholders.
2. I'm not too familiar with the escrow services available here but it's something I'll look into for this and future rounds.
3. I'm a full time software / network engineer, working in San Francisco. I've been professionally managing servers since 1999, and mining bitcoins since early 2013. In this case, my mining operation is completely accessible from anywhere I have my phone, down to being able to power down the power strip and power it back up for full system reboots.
4. I'm not an overly social person so not too well known on many forums, but I've dealt with a few people here - bought one of Cablez power cables for some Jalapeno's I had...which I later gave to lightfoot to help in his insane jally modding.
5. Not a ton of recent ebay activity, mainly selling spare hardware, but you can see my profile here:
http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=bcsin2k&ftab=AllFeedback&items=25
Again, I appreciate the feedback - it all just helps things run more smoothly!
Any other questions, PLEASE feel free to ask!
January 29, 2014, 03:07:20 PM
Before the trolls rip you a new one your plan sounds a bit vague.
Explain please.
What sort of equipment do you plan to use? Do you already have it or are you going to purchase something with the funds you raise? Do you offer escrow (as a newer member it would be a good idea to offer that).
You are a kind of new here so it would do you well to give people a bit of background on yourself, did your ever sell things on ebay with a good rep? Etc. Are you known on other forums?
You might be well meaning but nobody would know that unless you explain yourself better.
This place is full of scams so people are cautious.
January 29, 2014, 12:59:58 PM
UPDATES:
This is now live and hashing. We are sold out.
Adding some additional information based on questions...
This is going to run on hardware already in my possession (necessary since this starts hashing tomorrow) - hardware will be updated if/when possible to keep hosting fees down and lifetime of this up. When it's no longer possible to make money on this, the hardware gets sold and all shareholders get their share of the proceeds.
I'm currently looking into escrow options.
Lastly, just got an update from my hosting provider and the hosting fee has been dropped by 25% - any further savings I get in hosting costs will also be passed on to these rounds.
WHAT:
1 share is equivalent to approximately 10GH/s. Cost for each share is 0.1BTC
HOW:
Payment address is 1EWVBtteggv5qVM9vho3hGnMvnyRTXw9fV
Hashing is already live!
Following a purchase, post here with the transaction ID and the address you'd like to receive your payouts to.
Payouts will be made twice per month. There is a $150 MAX per payout hosting fee. Why do I say max? Because I'm negotiating power costs and there's a good chance that will actually be lower, especially as I add new rounds. Above the actual hosting cost, there is no maintenance fee. Why? Because I buy shares too! And in order for my shares to be worth anything, I need to keep things running!
When hosting fees can no longer be covered by mining, the hardware will be sold. Profits from the sale will be split between shareholders.
Shortly after mining begins (within the next week) a site will be up to monitor performance / see estimated payouts.
WHY:
Why such a small buy? Because I'm relatively new here. I've interacted with a small number of people but I'm not all that well known. I have some big plans for the future but unless I start small and prove I'm trustworthy those won't happen. After all, the whole point behind Bitcoin is that it's a trust-based system.
Any other questions?
Post below, or PM me. I'm on multiple times throughout the day.
This is now live and hashing. We are sold out.
Adding some additional information based on questions...
This is going to run on hardware already in my possession (necessary since this starts hashing tomorrow) - hardware will be updated if/when possible to keep hosting fees down and lifetime of this up. When it's no longer possible to make money on this, the hardware gets sold and all shareholders get their share of the proceeds.
I'm currently looking into escrow options.
Lastly, just got an update from my hosting provider and the hosting fee has been dropped by 25% - any further savings I get in hosting costs will also be passed on to these rounds.
WHAT:
1 share is equivalent to approximately 10GH/s. Cost for each share is 0.1BTC
HOW:
Payment address is 1EWVBtteggv5qVM9vho3hGnMvnyRTXw9fV
Hashing is already live!
Following a purchase, post here with the transaction ID and the address you'd like to receive your payouts to.
Payouts will be made twice per month. There is a $150 MAX per payout hosting fee. Why do I say max? Because I'm negotiating power costs and there's a good chance that will actually be lower, especially as I add new rounds. Above the actual hosting cost, there is no maintenance fee. Why? Because I buy shares too! And in order for my shares to be worth anything, I need to keep things running!
When hosting fees can no longer be covered by mining, the hardware will be sold. Profits from the sale will be split between shareholders.
Shortly after mining begins (within the next week) a site will be up to monitor performance / see estimated payouts.
WHY:
Why such a small buy? Because I'm relatively new here. I've interacted with a small number of people but I'm not all that well known. I have some big plans for the future but unless I start small and prove I'm trustworthy those won't happen. After all, the whole point behind Bitcoin is that it's a trust-based system.
Any other questions?
Post below, or PM me. I'm on multiple times throughout the day.
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