Author

Topic: Creative Mining Official IPO thread (Read 9200 times)

sr. member
Activity: 517
Merit: 250
January 10, 2015, 11:53:15 AM
#71
WWW.Crypto-Trade.com WWW.Crypto-Trade.com
legendary
Activity: 2226
Merit: 1052
January 10, 2015, 08:45:46 AM
#70

Creative Mining dividends 09.01.2015


Total Bitcoins mined:                                  BTC7.10932482

Creative Mining re-investment fund (35%):    BTC2.48826368

Total profit (65%):                                     BTC4.62106113




Total dividend payout (per share):
 
  09.01.2015                                     BTC0.00046210


Are you listed on HaveLock ?
newbie
Activity: 51
Merit: 0
January 09, 2015, 02:33:22 PM
#69

Creative Mining dividends 09.01.2015


Total Bitcoins mined:                                  BTC7.10932482

Creative Mining re-investment fund (35%):    BTC2.48826368

Total profit (65%):                                     BTC4.62106113




Total dividend payout (per share):
 
  09.01.2015                                     BTC0.00046210
newbie
Activity: 51
Merit: 0
January 02, 2015, 01:48:33 PM
#68
Creative Mining dividends 02.01.2015


Total Bitcoins mined:                                  BTC7.00179163

Creative Mining re-investment fund (35%):     BTC2.45062707

Total profit (65%):                                     BTC4.55116455

Maintenance fee:                                       BTC0.1



Total dividend payout (per share):
 
  02.01.2015                                      BTC0.00044511
newbie
Activity: 51
Merit: 0
December 26, 2014, 09:14:02 AM
#67
Creative Mining dividends 26.12.2014


Total Bitcoins mined:                                  BTC7.12013760

Creative Mining investment fund (35%):         BTC2.49204816

Total profit (65%):                                      BTC4.62808944

Maintenance fee:                                        BTC0.05



Total dividend payout (per share):
 
  26.12.2014                                    BTC0.00045780
newbie
Activity: 51
Merit: 0
December 26, 2014, 09:00:37 AM
#66
Creative Mining would like to wish everyone Merry Christmas and a Happy New Year.


Kind Regards
Creative Mining
newbie
Activity: 51
Merit: 0
December 17, 2014, 10:44:53 AM
#65
Dear Shareholders,

We have deployed our first SP-30 Yukon miner from SpondooliesTech. Our new SP-30 is pulling nearly 6Th/s at 2150W.

 

 

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
December 12, 2014, 03:09:41 PM
#64
Creative Mining dividends 12.12.2014


Total Bitcoins mined:                                  BTC6.50438396

Creative Mining investment fund (35%):         BTC2.27653438

Total profit (65%):                                     BTC4.22784957

Maintenance fee:                                       BTC0.1



Total dividend payout (per share):
 
  12.12.2014                                   BTC0.00041278
newbie
Activity: 51
Merit: 0
December 05, 2014, 10:36:56 AM
#63
Creative Mining dividends 05.12.2014


Total Bitcoins mined:                                  BTC5.84030048

Creative Mining investment fund (35%):         BTC2.04410516

Total profit (65%):                                     BTC3.79619531

Maintenance fee:                                       BTC0.1



Total dividend payout (per share):
 
  05.12.2014                                   BTC0.00036961
legendary
Activity: 980
Merit: 1040
December 02, 2014, 05:17:53 AM
#62
So I was correct.
newbie
Activity: 51
Merit: 0
December 02, 2014, 05:03:18 AM
#61
Am I right when I say the operator has
- provided no mining address, no cryptographic/blockchain proof of hashrate
- No pictures of the mine or hardware (but plenty of logo's)
- No provable identification
- No endorsement from asic vendors


Is that correct?

The facility is hosting hardware of our investors, they wish to remain anonymous and total hashrate is combined.
Pictures are not allowed on site.
Operator identification documents were verified with Crypto-Trade staff before the project started.
Our own hardware was purchased at discount prices from European re-sellers.


Contact us [email protected] to arrange an appointment if you wish to visit our offices in Bochum. 

Thank you.

   
legendary
Activity: 980
Merit: 1040
December 02, 2014, 04:38:05 AM
#60
Am I right when I say the operator has
- provided no mining address, no cryptographic/blockchain proof of hashrate
- No pictures of the mine or hardware (but plenty of logo's)
- No provable identification
- No endorsement from asic vendors


Is that correct?
newbie
Activity: 51
Merit: 0
December 02, 2014, 04:28:36 AM
#59
Creative Mining Financial Statement 02.12.2014 (docx)

http://speedy.sh/VsCCW/Statement02.12.2014.docx
newbie
Activity: 51
Merit: 0
December 02, 2014, 04:27:14 AM
#58
Dear Shareholders

Our AntMiner S4 order has arrived yesterday. Eleven from twelve miners are hashing at just over 2Th/s each. One S4 is having power issues and We will send it back today and expect to receive a replacement in next two weeks time. Creative Mining total hashing power is now showing a huge ~75Th/s. Happy Mining!

 

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
November 28, 2014, 03:08:23 PM
#57
Creative Mining dividends 28.11.2014


Total Bitcoins mined:                                  BTC4.76533780

Creative Mining Investment Fund (35%):        BTC1.66786823

Total profit (65%):                                     BTC3.09746957

Maintenance fee:                                       BTC0


Total dividend payout (per share):
 
  28.11.2014                                   BTC0.00030974
newbie
Activity: 51
Merit: 0
November 21, 2014, 01:51:48 PM
#56
Creative Mining dividends 21.11.2014


Total Bitcoins mined:                                  BTC4.78023225

Creative Mining Investment Fund (35%):        BTC1.67308128

Total profit (65%):                                     BTC3.10715096

Maintenance fee:                                       BTC0

Electricity costs:                                        BTC0


Total dividend payout (per share):
 
  21.11.2014                                   BTC0.00031071
newbie
Activity: 51
Merit: 0
November 20, 2014, 11:22:25 AM
#55
Dear Shareholders

Just a quick update. We have completed the expansion process in to 2nd server room of our mining facility. All racks are wired and ready for our S4 order which should be delivered next week.   

Our new logo:  https://i.imgur.com/zLBcwAO.png

                     https://i.imgur.com/erOHsOa.png

                     https://i.imgur.com/dXFZvmY.png

                     https://i.imgur.com/8gFwc1T.png

Creative Mining

"The future is bright"

newbie
Activity: 51
Merit: 0
November 14, 2014, 10:26:09 AM
#54
Creative Mining Dividends 14.11.2014


Total Bitcoins mined:                                  BTC4.81309198

Creative Mining Investment Fund (35%):        BTC1.68458219

Total Profit (65%):                                     BTC3.12850978

Maintanance Fee:                                       BTC0.05

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  14.11.2014                                      BTC0.00030785
newbie
Activity: 51
Merit: 0
November 14, 2014, 10:24:30 AM
#53
Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

Creative Mining

"The future is bright"

It sounds like you will no longer be paying dividends. Is that accurate?

What does "expand mining operation in to living quarters" mean? Are you living at the facility underground?

Creative Mining dividend payouts will continue as per contract.

It simply means We are using the profit We have made so far to expand our mining facility. Yes, the living quarters were initially created for the operators to stay overnight. The space was also used as storage room for boxes and spare equipment.

Does that mean the profit that you designate for 're-investment' or is the money coming from somewhere else?

Yes, Creative Mining re-investment fund is also used for the expansion but mainly, We are funding the operation from mining profit We have made since our launch on Crypto-Trade.com.
member
Activity: 98
Merit: 10
November 13, 2014, 01:17:18 PM
#52
Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

Creative Mining

"The future is bright"

It sounds like you will no longer be paying dividends. Is that accurate?

What does "expand mining operation in to living quarters" mean? Are you living at the facility underground?

Creative Mining dividend payouts will continue as per contract.

It simply means We are using the profit We have made so far to expand our mining facility. Yes, the living quarters were initially created for the operators to stay overnight. The space was also used as storage room for boxes and spare equipment.

Does that mean the profit that you designate for 're-investment' or is the money coming from somewhere else?
newbie
Activity: 51
Merit: 0
November 13, 2014, 03:19:01 AM
#51
Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

Creative Mining

"The future is bright"

It sounds like you will no longer be paying dividends. Is that accurate?

What does "expand mining operation in to living quarters" mean? Are you living at the facility underground?

Creative Mining dividend payouts will continue as per contract.

It simply means We are using the profit We have made so far to expand our mining facility. Yes, the living quarters were initially created for the operators to stay overnight. The space was also used as storage room for boxes and spare equipment.
member
Activity: 98
Merit: 10
November 12, 2014, 02:32:05 PM
#50
Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

Creative Mining

"The future is bright"

It sounds like you will no longer be paying dividends. Is that accurate?

What does "expand mining operation in to living quarters" mean? Are you living at the facility underground?
newbie
Activity: 51
Merit: 0
November 10, 2014, 03:19:07 AM
#49
Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
November 07, 2014, 03:54:58 PM
#48
Creative Mining Dividends 07.11.2014


Total Bitcoins mined:                                  BTC4.54179939

Creative Mining Investment Fund (35%):        BTC1.58962978

Total Profit (65%):                                     BTC2.95216960

Maintanance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  07.11.2014                                      BTC0.00029521
newbie
Activity: 4
Merit: 0
November 06, 2014, 02:05:07 AM
#47
CREATIVE MINING

Creative Mining was created with the intent to give investors the opportunity to participate in Bitcoin mining, without purchasing and maintaining their own hardware.


ABOUT ME

I gathered interest and started mining Bitcoin in early 2013. It has been an awesome experience so far but recently, it has become much more than that for me. As for growth, I see great potential. I want to expand Creative Mining largely and will be doing so, obviously, in accordance with the terms of this project.


PROJECT LOCATION

Creative Mining
Seilfahrt, Bochum
North Rhine-Westphalia, Germany
[email protected]

Creative Mining website

Crypto-Trade.com TickerID - CREATIVE



MINING

Creative Mining is a Bitcoin mining project, located in Bochum, Germany. Our miners are kept at a very secured location underground, with access to free electricity grid, up to a maximum of 100kW. These advantages will make Creative Mining competitive with any other mining assets on the market. The company will offer 10,000 non-dilutable shares of a Creative Mining.


DIVIDENDS

Dividends will automatically appear in shareholders Bitcoin wallets every Friday. Dividends will consist of 65% of Creative Mining net revenue for the week. Net revenue is defined as the total of all Bitcoins mined minus maintenance costs.
The percentage of the net revenue paid in dividends can change if shareholders vote to change it. Such action will only occur if the state of the Bitcoin mining space demands it.


REINVESTMENT

Every week, Creative Mining will reserve a percentage of mined Bitcoins equal to 35% of net revenue. These investments will allow Creative Mining to deploy additional hardware. Time of deployment for this additional hardware will be in the best interest of shareholders.


OUR CURRENT MINING SET-UP

4x 'KNC' Neptunes with first ever 20nm chip, 20 boxes hashing at ~13.8 Th/s total

13x 'CoinTerra' Terraminers with 4 x GoldStrike 28nm ASIC Chips (2 per board) hashing at ~1.6 Th/s each - ~19.5 Th/s total

6x 'Avalon' #2Batch 2 module 160 55nm chips on each module, hashing at ~240Gh/s each - ~1.41 Th/s total

120x 'Gridseed' Dual 5 chips on each module, hashing at ~11Gh/s each - ~1.3Th/s total

6x 'Bitmaintech' AntMiner S3 B6 hashing at ~450Gh/s each - ~2.7Th/s total

5x 'Bitmaintech' AntMiner S3 B8 hashing at ~455Gh/s each - ~2.3Th/s total

2x 'Bitmaintech' AntMiner S4 B2 hashing at ~2.1Th/s each - ~4.2Th/s total

Creative Mining total hashing power ~46Th/s = 4.6Gh/s per share






WOW! its really cool reading all the post and replies...as I'm reading im also getting ideas that I need to research more to know what you really talking.thinking it it really true or it is a scam? ..BTC
newbie
Activity: 51
Merit: 0
November 04, 2014, 04:04:41 AM
#46
Dear Shareholders

We have managed to deploy all recently purchased 8 (eight) AntMiners S3 B6. Our total hashing power is now coming up to a whopping ~50Th/s and climbing. Additionally, We will be purchasing another 5 (five) AntMiners S3 B6 as soon as they are ready for shipment.

We would like to sincerely thank Mariusz and his "Miner Syndicate" team for suppling Creative Mining with great service at affordable prices. Mariusz will be the first person to visit our mining facility in Bochum when he comes back from his business travel. I am sure he will be more than happy to share his experiences and provide a quick review.

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
November 04, 2014, 03:42:52 AM
#45
How do you buy shares here if your interested??

Creative Mining IPO shares are available to purchase only on Crypto-Trade.com Ticker ID: CREATIVE CRM/BTC

https://crypto-trade.com/securities/trade/crm_btc
hero member
Activity: 756
Merit: 500
November 02, 2014, 08:16:32 PM
#44
How do you buy shares here if your interested??
newbie
Activity: 51
Merit: 0
November 02, 2014, 06:41:20 AM
#43
Creative Mining Financial Statement 02.11.2014 (docx)

http://speedy.sh/Txn3G/Statement01.11.2014.docx
full member
Activity: 240
Merit: 101
October 31, 2014, 01:44:12 PM
#42
...
Ok, so that's mainly an IRC rating type thing? Does the trust system in this forum work similar or different than WoT?

The 'rating' and 'authenticating' is done via IRC, yes. The trust system works almost anywhere that would require trust.

The trust system in this forum is not the same, no. Anybody can create an account, and there is no 'authentication,' so the same guy could, in theory, create 50 accounts to give his main account 50 positive reviews. He could buy 'aged' accounts from others (a common practice) to make this look legitimate.

The beauty of WoT is the fact that you can, through PGP, be sure that the person you dealing with is actually the person they are claiming to be. Now, you only know that they hold the private key to their registration within the WoT, that is it. The rest is up to you in terms of trusting them, just like if you were talking to someone in real life. You know that the person is who they are because they are standing in front of you. The trust flows from your, and your trusted peer's interactions with this person, not the system itself.

To quote from one of my earlier links:
Quote
The Web of Trust is merely the infrastructure upon which trust is built, by you, for your own use, within yourself. The same objective set of relations can result in drastically different trust in the eyes of drastically different third parties. The point of the WoT is not to make these judgements for you.
member
Activity: 98
Merit: 10
October 31, 2014, 01:29:10 PM
#41
...
What is "WoT?"

Web of Trust (for bitcoin-otc)

For the official explanation: http://wiki.bitcoin-otc.com/wiki/OTC_Rating_System

A nice 'high-level' overview by everyone's favorite guy, Mircea Popescu (opinions aside, the guy makes a lot of sense about a lot of things Bitcoin): http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/

Ok, so that's mainly an IRC rating type thing? Does the trust system in this forum work similar or different than WoT?
full member
Activity: 240
Merit: 101
October 31, 2014, 01:24:55 PM
#40
...
What is "WoT?"

Web of Trust (for bitcoin-otc)

For the official explanation: http://wiki.bitcoin-otc.com/wiki/OTC_Rating_System

A nice 'high-level' overview by everyone's favorite guy, Mircea Popescu (opinions aside, the guy makes a lot of sense about a lot of things Bitcoin): http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/
member
Activity: 98
Merit: 10
October 31, 2014, 01:14:06 PM
#39
lol new user, IPO. I'm tired of this, really. I don't post in Securities a lot but I am seeing this daily.

We need more proof to validate why and how we can trust you with our money without you delivering anything.

This is why the WoT is such a powerful tool, and why you really can't trust any of these
'offerings'

Even with 'proof' of validation, you still don't know the OP from Adam. We've seen this so many times in this forum; the OP may look credible, but it is still an 'Over-the-counter' interaction, with no regulation. The counter-party risk is huge here and, as history tells us, rarely works out for the best.

At least if you could look in the WoT, and see that, "Hey, Jimbo has dealt with this guy, and I trust Jimbo's opinion," then you would have a fighting chance.

The plain fact is, you won't know if any of these offerings are a scam until it is too late. If you're newbie that is reading this, and don't believe me, just hang around for a few months and watch. You'll see that you are swimming in a sea of scams.

What is "WoT?"
full member
Activity: 240
Merit: 101
October 31, 2014, 01:05:07 PM
#38
lol new user, IPO. I'm tired of this, really. I don't post in Securities a lot but I am seeing this daily.

We need more proof to validate why and how we can trust you with our money without you delivering anything.

This is why the WoT is such a powerful tool, and why you really can't trust any of these
'offerings'

Even with 'proof' of validation, you still don't know the OP from Adam. We've seen this so many times in this forum; the OP may look credible, but it is still an 'Over-the-counter' interaction, with no regulation. The counter-party risk is huge here and, as history tells us, rarely works out for the best.

At least if you could look in the WoT, and see that, "Hey, Jimbo has dealt with this guy, and I trust Jimbo's opinion," then you would have a fighting chance.

The plain fact is, you won't know if any of these offerings are a scam until it is too late. If you're newbie that is reading this, and don't believe me, just hang around for a few months and watch. You'll see that you are swimming in a sea of scams.
newbie
Activity: 51
Merit: 0
October 31, 2014, 11:25:14 AM
#37
Dear Shareholders

We are happy to announce We have purchased 8 (eight) AntMiners S3 batch #6 thanks to our fellow miner from Poland. We are still in the process of upgrading and setting up the miners but We will make announcement as soon as We are ready. Please stay tuned. Happy Halloween

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
October 31, 2014, 11:09:36 AM
#36
Creative Mining Dividends 31.10.2014


Creative Mining dividends due 24.10.2014

Total Bitcoins mined:                                  BTC4.49131822

Creative Mining Investment Fund (35%):        BTC1.57196137

Total Profit (65%):                                     BTC2.91935684

Maintenance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Dividend payout (per share):
 
24.10.2014                                                BTC0.00029193





Creative Mining dividends due 31.10.2014

Total Bitcoins mined:                                  BTC4.57533910

Creative Mining Investment Fund (35%):        BTC1.60136868

Total Profit (65%):                                     BTC2.97397041

Maintenance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Dividend payout (per share):
 
31.10.2014                                                BTC0.00029739



Total Dividend payout (per share):

31.10.2014                                       BTC0.00058932                         
newbie
Activity: 51
Merit: 0
October 25, 2014, 07:33:20 AM
#35
Dear Shareholders

We are on a business trip securing the purchase of new equipment for our mining facility and We were unable to schedule dividend payments yesterday. This week payout will roll over to next week so all our Shareholders will receive a double dividend.

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
October 17, 2014, 03:21:30 PM
#34
Creative Mining Dividends 17.10.2014


Total Bitcoins mined:                                  BTC4.39445961

Creative Mining Investment Fund (35%):     BTC1.53806086

Total Profit (65%):                                     BTC2.85639874

Maintanance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  17.10.2014                                 BTC0.00028563
newbie
Activity: 51
Merit: 0
October 16, 2014, 11:06:47 AM
#33
Great news!

We have received our two AntMiners S4 B2 today. After quick testing both miners performing better than expected and hashing at ~2.1Th/s each. Our total hashing power is now at ~46.2Th/s! Happy mining.

 

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
October 16, 2014, 04:16:00 AM
#32
You've got access to free electricity?? Did you obtain that access/electricity legally? I don't really think that electricity is the cheapest commodity in Germany... I guess you guys are located in one of Germany's industrial centres?

Yes, we have access to free electricity grid up to 100kW and yes, it's obtained legally. The Industrial estate on where Creative Mining underground facility is located, is a privately owned land belonging to Creative Mining operator relatives. Therefore, there is no electricity or hosting costs involved. These advantages will make Creative Mining competitive with any other mining assets on the market.

Can you elaborate on this any more? If I understand this correctly, the electricity is free to you, but someone in your family is paying for it? Why would they subsidize your mining operation?

We are using the spare grid for the industrial estate, as long as We do not exceed our set output, or emergency grid is not needed, electricity is free.   
member
Activity: 98
Merit: 10
October 13, 2014, 07:36:30 PM
#31
You've got access to free electricity?? Did you obtain that access/electricity legally? I don't really think that electricity is the cheapest commodity in Germany... I guess you guys are located in one of Germany's industrial centres?

Yes, we have access to free electricity grid up to 100kW and yes, it's obtained legally. The Industrial estate on where Creative Mining underground facility is located, is a privately owned land belonging to Creative Mining operator relatives. Therefore, there is no electricity or hosting costs involved. These advantages will make Creative Mining competitive with any other mining assets on the market.

Can you elaborate on this any more? If I understand this correctly, the electricity is free to you, but someone in your family is paying for it? Why would they subsidize your mining operation?
newbie
Activity: 51
Merit: 0
October 13, 2014, 06:23:50 AM
#30
Dear Shareholders

We have secured the purchase of 2x CoinTerra TerraMiners IV. After testing both miners are performing as others and hashing at ~1.6Th/s each. We are proud to announce, We have already reached our total hashing power goal of 40Th/s. Additionally, We are still awaiting delivery of 2x Antminers S4 B2. Our current total hashing power is now ~41.9Th/s or ~4.19Gh/s per share.

 

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
October 10, 2014, 03:38:35 PM
#29
Creative Mining Dividends 10.10.2014


Total Bitcoins mined:                                  BTC4.12792118

Creative Mining Investment Fund (35%):     BTC1.44477241

Total Profit (65%):                                     BTC2.68314876

Maintanance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  10.10.2014                                 BTC0.00026831
newbie
Activity: 51
Merit: 0
October 03, 2014, 06:12:03 PM
#28
Creative Mining Dividends 03.10.2014


Total Bitcoins mined:                                  BTC4.15395881

Creative Mining Investment Fund (35%):     BTC1.45388558

Total Profit (65%):                                     BTC2.70007322

Maintanance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  03.10.2014                                 BTC0.00027000
newbie
Activity: 51
Merit: 0
October 02, 2014, 05:27:12 PM
#27
Creative Mining Financial Statement 02.10.2014 (docx)

http://speedy.sh/vhSKQ/Statement02.10.2014.docx
legendary
Activity: 980
Merit: 1040
October 01, 2014, 03:40:54 AM
#26
lol new user, IPO. I'm tired of this, really. I don't post in Securities a lot but I am seeing this daily.

We need more proof to validate why and how we can trust you with our money without you delivering anything.

Oh, common, he even disclosed his name. "Kris". Im gonna send all my BTC there, what could possibly go wrong?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
September 30, 2014, 03:01:51 PM
#25
Unfortunate name, I can't help but think of CreativeX and Basic Mining (scammer).

Same here actually was thinking is this Basic revived but otherwise the idea does seem similar but with a weekly instead of daily payout
That said will observe for a while
newbie
Activity: 51
Merit: 0
September 30, 2014, 08:40:25 AM
#24
Dear Shareholders

As expected, We have received the delivery of 5 Antminers S3 batch #8 from BitmainTech. All devices are hashing steadily since this morning at 455Gh/s each. Our total hashing power is now ~38.6Th/s or for our Shareholders it's ~3.86Gh/s per share.

Additionally, We have received an email from BitmainTech today, stating Antminers S4 from batch #2 are now available to order. Therefore, and without any hesitation, We have secured an order for 2x Antminers S4 B2. Order total = BTC 6.574 . Estimated delivery was scheduled for middle October . Creative Mining re-investment fund hasn't yet accumulated enough Bitcoins for this purchase, but We decided to loan just over 1 Bitcoin to re-investment fund from our own pocket. We really wanted to make this purchase as soon as possible and this was the quickest option. Loan will be repaid once our re-investment fund accumulates funds. This addition will increase Creative Mining total hashing power to 40Th/s+ and for our Shareholders 4Gh/s+ per share

Creative Mining financial statement for September will follow shortly.


Creative Mining
"The future is bright"
newbie
Activity: 51
Merit: 0
September 27, 2014, 12:35:32 AM
#23
Dear shareholders,

Creative Mining Re-investment fund has now accumulated 4.91360190 BTC. We will be placing an order for Antminers S4 B2 with Bitmaintech as soon as becomes available for order. Additionally, We are expecting delivery of our 5x Antminers S3 B8 Monday next week. This will increase Creative Mining total hashrate to ~40Th/s+ or ~4Gh/s per share.

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
September 26, 2014, 04:48:17 PM
#22
Creative Mining Dividends 26.09.2014


Total Bitcoins mined:                                  BTC3.75786005

Creative Mining Investment Fund (35%):     BTC1.31525101

Total Profit (65%):                                     BTC2.44260903

Maintanance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  26.09.2014                                 BTC0.00024426
newbie
Activity: 51
Merit: 0
September 26, 2014, 04:32:44 PM
#21
Looks interesting.  Do you plan on adding more scrypt mining power to the farm?

Yes, We are aiming to constantly expand our mining facility. We are using our reinvestment fund to achieve that.
full member
Activity: 155
Merit: 100
September 23, 2014, 04:28:05 AM
#20
Looks interesting.  Do you plan on adding more scrypt mining power to the farm?
sr. member
Activity: 308
Merit: 250
Renewable Energy Cryptocurrency
September 22, 2014, 08:12:13 AM
#19
per Hash rate = BTC0.00028307   ....!
Great
sr. member
Activity: 517
Merit: 250
September 21, 2014, 09:44:30 PM
#18
Too bad I live in the US.  If the rules bend a little let me know:)
newbie
Activity: 51
Merit: 0
September 19, 2014, 07:44:03 AM
#17
Dear Shareholders,

How would you like to go on a trip to Germany and visit our mining facility?

After a long transformation process, from the old bunker in to a state of the art data centre, We have decided to invite two of our biggest Shareholders, to visit our mining facility in Bochum, Germany, and to meet with Creative Mining management team. The visit is intended to last two days, Creative Mining owner will cover all travel and staying expenses from his own pocket, for the chosen Shareholders. The visit will include: a tour of our mining facility and surroundings, an interview with Creative Mining owner and operator, a nice restaurant dinner at the hotel where Shareholders will be staying.


Conditions:

1. We will choose two of our biggest Shareholders at our own discretion.
2. Shareholders must also be a trusted members on Bitcointalk.org forum.
3. We would like to pick a person who is able to provide detailed review of the visit.
4. Photos or videos are not allowed on site.
5. Chosen Shareholders must be from the EU region.
6. Travel and staying expenses will be covered by the Creative Mining owner.
7. The visit is scheduled for the end of October. The date of visit to be revealed.

Shareholders, please post below the amount of shares you hold, otherwise We will make a decision based on Crypto-trade.com statistics.


Creative Mining
"The future is bright"
newbie
Activity: 51
Merit: 0
September 19, 2014, 06:05:08 AM
#16
Creative Mining Dividends 19.09.2014


Total Bitcoins mined:                               BTC4.43194377

Creative Mining Investment Fund (35%):     BTC1.55118031

Total Profit (65%):                                  BTC2.88076345

Maintanance Fee:                                    BTC0.05

Electricity Costs:                                     BTC0

Total Dividend payout (per share):

 19.09.2014                                            BTC0.00028307




We have an announcement news for our shareholders later on today. Please stay tuned.
newbie
Activity: 51
Merit: 0
newbie
Activity: 12
Merit: 0
September 12, 2014, 08:42:08 AM
#14
Garr255, is that you?
newbie
Activity: 51
Merit: 0
September 12, 2014, 05:22:48 AM
#13
Creative Mining Dividends 12.05.2014


Total Bitcoins mined:                                  BTC4.61787669

Creative Mining Investment Fund (35%):     BTC1.61625684

Total Profit (65%):                                     BTC3.00161984

Maintanance Fee:                                       BTC0

Electricity Costs:                                        BTC0


Total Dividend payout (per share):
 
  12.09.2014                                 BTC0.00030016
newbie
Activity: 51
Merit: 0
September 05, 2014, 08:45:27 AM
#12
Total Bitcoins mined:     4.61207331

Creative Mining Investment Fund (35%):     1.61422565

Total Profit (65%):     2.99784765

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 05.09.2014                              0.00029978





Dear shareholders,

Creative Mining Re-investment fund has accumulated 3.43384109 BTC. We will be placing an order for additional 5 Antminers S3+ B8 with Bitmaintech.com - Order total: 2.9 BTC .Estimated delivery is end of September. This addition will increase Creative Mining total hashrate to ~38Th/s+ or ~3.8Gh/s per share.

We have more exciting news for our shareholders to come very shortly, please look out for updates. Thank you

 

Creative Mining

"The future is bright"
newbie
Activity: 51
Merit: 0
September 02, 2014, 11:48:28 AM
#11
Quick note:

There appears to be a new mining asset listed on Crypto-Trade.com called "Bitsy Mining Investment" .That asset has blatantly copied most of our copyrighted website content as well as the exact wording from our obligations to shareholders. We would like to emphasise, be very careful when investing in to "Bitsy Mining Investment". At this point I am allowed to state that Creative Mining is holding a valid copyright license and we have logged everything, and we are in the process of starting a lawsuit against "bitsy Mining Investment" for copyright infringement. Thank you


Creative Mining
"The future is bright"
newbie
Activity: 51
Merit: 0
September 01, 2014, 11:28:58 AM
#10
Unfortunate name, I can't help but think of CreativeX and Basic Mining (scammer).

We are aware of the "CreativeX" wrongdoings. We are not affiliated with CreativeX or Basic Mining in any way, shape or form. Thank you
legendary
Activity: 1092
Merit: 1001
Touchdown
September 01, 2014, 11:24:05 AM
#9
Unfortunate name, I can't help but think of CreativeX and Basic Mining (scammer).
newbie
Activity: 51
Merit: 0
September 01, 2014, 11:22:45 AM
#8
Creative Mining Financial Statement 01.09.2014 (docx)

http://speedy.sh/X5d7a/Statement01.09.2014.docx
newbie
Activity: 51
Merit: 0
August 29, 2014, 01:23:27 AM
#7
Creative Mining Dividends 29.08.2014


Total Bitcoins mined:                               BTC5.04917115

Creative Mining Investment Fund (35%):     BTC1.7672099

Total Profit (65%):                                  BTC3.28196125

Maintanance Fee:                                    BTC0.01

Electricity Costs:                                     BTC0

Total Dividend payout (per share):

 29.08.2014                                            BTC0.00032719
newbie
Activity: 51
Merit: 0
August 27, 2014, 01:39:40 PM
#6
You've got access to free electricity?? Did you obtain that access/electricity legally? I don't really think that electricity is the cheapest commodity in Germany... I guess you guys are located in one of Germany's industrial centres?

Yes, we have access to free electricity grid up to 100kW and yes, it's obtained legally. The Industrial estate on where Creative Mining underground facility is located, is a privately owned land belonging to Creative Mining operator relatives. Therefore, there is no electricity or hosting costs involved. These advantages will make Creative Mining competitive with any other mining assets on the market.
hero member
Activity: 518
Merit: 500
Trust me!
August 26, 2014, 09:06:12 AM
#5
You've got access to free electricity?? Did you obtain that access/electricity legally? I don't really think that electricity is the cheapest commodity in Germany... I guess you guys are located in one of Germany's industrial centres?
newbie
Activity: 51
Merit: 0
August 26, 2014, 08:47:44 AM
#4
Do you have numbers on what and how much your expenses are? This isn't explained anywhere.

Creative Mining financial statements are provided on the 1st day of every month.

lol new user, IPO. I'm tired of this, really. I don't post in Securities a lot but I am seeing this daily.

We need more proof to validate why and how we can trust you with our money without you delivering anything.


We may be new here but Creative Mining was involved in Bitcoin mining since early 2013. Creative Mining operators ID's were provided to Crypto-Trade staff for validation.

full member
Activity: 238
Merit: 100
Sam Mother Fuckin' Walters
August 25, 2014, 03:26:14 AM
#3
lol new user, IPO. I'm tired of this, really. I don't post in Securities a lot but I am seeing this daily.

We need more proof to validate why and how we can trust you with our money without you delivering anything.
full member
Activity: 149
Merit: 100
August 24, 2014, 04:57:10 PM
#2
Do you have numbers on what and how much your expenses are? This isn't explained anywhere.
newbie
Activity: 51
Merit: 0
August 24, 2014, 06:28:24 AM
#1


Creative Mining was created with the intent to give investors the opportunity to participate in Bitcoin mining,
 without purchasing and maintaining their own hardware.



ABOUT ME

I gathered interest and started mining Bitcoin in early 2013. It has been an awesome experience so far but recently, it has become much more than that for me. As for growth, I see great potential. I want to expand Creative Mining largely and will be doing so, obviously, in accordance with the terms of this project.


LOCATION

Creative Mining
Seilfahrt, Bochum
North Rhine-Westphalia, Germany
[email protected]

Creative Mining website

Crypto-Trade.com TickerID - CREATIVE



MINING

Creative Mining is a Bitcoin mining project, located in Bochum, Germany. Our miners are kept at a very secured location underground, with access to free electricity grid, up to a maximum of 100kW. These advantages will make Creative Mining competitive with any other mining assets on the market. The company will offer 10,000 non-dilutable shares of a Creative Mining.


DIVIDENDS

Dividends will automatically appear in shareholders Bitcoin wallets every Friday. Dividends will consist of 65% of Creative Mining net revenue for the week. Net revenue is defined as the total of all Bitcoins mined minus maintenance costs.
The percentage of the net revenue paid in dividends can change if shareholders vote to change it. Such action will only occur if the state of the Bitcoin mining space demands it.


REINVESTMENT

Every week, Creative Mining will reserve a percentage of mined Bitcoins equal to 35% of net revenue. These investments will allow Creative Mining to deploy additional hardware. Time of deployment for this additional hardware will be in the best interest of shareholders.


OUR CURRENT MINING SET-UP

4x 'KNC' Neptunes with first ever 20nm chip, 20 boxes hashing at ~13.8 Th/s total

13x 'CoinTerra' Terraminers with 4 x GoldStrike 28nm ASIC Chips (2 per board) hashing at ~1.6 Th/s each - ~19.5 Th/s total

6x 'Avalon' #2Batch 2 module 160 55nm chips on each module, hashing at ~240Gh/s each - ~1.41 Th/s total

120x 'Gridseed' Dual 5 chips on each module, hashing at ~11Gh/s each - ~1.3Th/s total

19x 'Bitmaintech' AntMiner S3 B6 hashing at ~450Gh/s each - ~9Th/s total

5x 'Bitmaintech' AntMiner S3 B8 hashing at ~455Gh/s each - ~2.4Th/s total

13x 'Bitmaintech' AntMiner S4 B2 hashing at ~2.1Th/s each - ~26.6Th/s total

Creative Mining total hashing power ~75Th/s = 7.5Gh/s per share




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