First I should say after an extensive days of literal crap from Mr Gleb ....
Okay you win! Please accept my humble apology. I was just trying to see how far I could I push you. You past the test and I honestly believe in my heart of hearts that ShareMiners is legit.
I will close this thread and ask the mods to delete it after your last reply.
Later, bud.
Bruno Kucinskas
Ok now this thread:
There is Mining going on its called POS mining (Proof of stake). Our
www.stakeminers.com/how.php shows you how combining staking power increases your staking weight on the network, and this results in more frequent stakes with higher rewards per stake. it works like regular mining and your connection to the network as a server enables you to confirm the transactions and help secure the network.
Because an operation of this size could fill a wallet up quickly we have to use more than one coin, we don't want to dominate a network because then your own blocks inside your wallet are fighting each other for a reward. So we have started with a few coins. Because a business like this could literally be forced to buy coins on a daily basis it also secures your investment because we make a lot of buys on the markets which helps to increase the value of the coins and help to make those increases more steady. This all helps to increase the value of our investors original investments as well.
When putting this project together we first started looking into hardware POW mining, but then decided we wanted a way that we could offer a service that did not have maintenance fees or huge financial consumption in hardware. Situations like that can effect our investors income in a negative way and are things we can not control. As we researched we came across the benefits of POS coins so we began testing. As we tested more and more coins and their staking abilities, we found just the right few to start out with. Each coin does staking a little differently when it comes to the rewards you receive, but all of them have the same basic mechanics, you hold more coins you raise your staking weight on the network. Some coins you have to manually split blocks inside the wallet others do it automatically. So our business is not without work, we still have to manually split blocks sometimes in the wallets so our investors get the maximum income on their staking.
We then looked at the problems investors face with other cloud mining options, and the worst one we saw was the dreaded "I'm Sorry our service is under a DDOS attack" and we all know where that ends up. So to avoid this we do not host the wallets online at all, they are hosted in the office on computers where we can watch them, completely separate from the webserver. SO if one does hack and attack the website, our investors have a layer of security knowing their investment is not near the attackers. Altho this creates a lkot of manual data entry on our end, it still allows us to keep our members investments as safe as we can keep them away form online attacks against the site.
we really have spent a lot of time researching this project and it has actually proven better than we originally expected. the increases in earnings are moving faster than we tested right now, and the compound interest is moving very steadily as well.
EDIT: I will like to say we do have mining hardware mining the POW sections of the coins we use, but this is to help pay for the overhead costs of the business as well as add extra coins to the wallets of our members. By doing this we pay the bills and at the same time have a little left over to add to the staking weight of our clients. It is a win win for both of us in the end. We do not rent this equipment out, we do not sell contracts for it, it is only used to back our investors up and pay the bills nothing more.
