Topic: [Cryptostocks] WPOOL - Investing in mining pool better than mining - page 2. (Read 6489 times)

It appears 61o.com was registered in 2003. So ,does that mean that you used a 11yr old domain for 1month for a new business and then you got a new domain, weiyunpool.com, after the 1month of use of the older domain. Meanwhile the last archive available of the site,  61o.com , in 2008;

https://web.archive.org/web/20080419073620/http://www.61o.com/

is not related.

Can you clarify this?

This is new domain registration  from godaddy. old domain we used is www.61o.com, regisetration in china.
(because some outside of China probably cannot visit  website using domain DNS in china.so last month we launch new domain registration  from godaddy)
Now,two domain also used by our website.

you can search  61o.com in google .

Please explain why you claim that you are online since January 2014,
but the weiyunpool.com domain has only been registered 2014-02-03?

http://who.is/whois/weiyunpool.com

Firstly,I'm glad to answer your questions.Yes, now,we can get 7 btc gross profit a week.
but followed by an increase in the number of registered,old sysytem can not afford it. we urgently need about 20,000  USD dollar to develop of new systems. Other,we need anohter 2 staff serve our members,hiring 1～2 good altcoin traders.
Other things that are not urgent include Increasing the company's registered capital,having a plans to launch English version and so on.
All of this need extra funds.
If we do not add new funding,We are likely to remain at this level（2～3G hashrates）for a long time.But in China, the competition is very fierce.
If our business cannot becomes larger quickly, We will take a risk on we are defeated by other opponents .


look at okcoin.com  btcchina.com, huobi.com.  these are very large exchange Market in china. none can charge transaction fee.but they have their way to make money.(e.g.Borrowed funds to users).

long story to short, we are guys that doing thing,we arenot good at capital operation.
We do not want to play a minor,We need to make No.1  scrypt pool in china .surpass f2pool.
so we make a project on cryptostocks. we hope someone can help us and he will return from our pool.

I think you made a joke. our pool open in January 2014.

Did I say 2012? I meant 1912! I'm sorry, I forget what century I reincarnate in sometimes.

I mined with these guys in 1912 and it basically led to World War I. Mustard gas was invented by one of our asic engineers. Sorry about that.

I don't see why you need to raise BTC250 if you're already earning over BTC7 a week. That should cover for a lot of servers and possibly for a few staff members.

Is this another case of offloading the risk onto investors?

Thanks!

i have mined with these guys since 2012 and they are totally legit

MINE ON BROTHERS

Anybody's mining with them and can prove they are legit?

Weiyun Pool shares listed in cryptostocks now!

We are chineses, English is not our native language, maybe translate omissions inevitably.
We very much welcome if you point out grammatical errors in our files.

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Our website http://www.weiyunpool.com
English Investor Relations page: http://www.weiyunpool.com/english.php
Cryptostocks IPO Link: https://cryptostocks.com/securities/115
Contact us: [email protected]    QQ: 6434830

--------------------------------------
Weiyun Pool IPO Information

About us
Weiyun Pool (http://www.weiyunpool.com) will offer 50,000 non-dilutable profit shares (ticker symbol WPOOL). Issuer is the "SHANGHAI WEIYUN ONLINE INFORMATION TECHNOLOGY LIMITED" company (abbreviation Weiyun Online) which is registered in the Shanghai,China. And Weiyun Pool is the wholly-owned subsidiary of Weiyun Online.
Weiyun pool automatically mines the most profitable Scrypt coin, automatically exchanges those coins for litecoins, and pays out entirely in litecoins or RMB (Chinese Currency, CNY).
Weiyun pool focus on improving the efficiency of scrypt algorithm mining. We will make AMD graphics reg or Gridseed mining machine are able to get more profit than LTC mining.  Many times there are other scrypt coins,(recently，dogecoin,mintcoin,zeitcoin and so on), which are more profitable to mine than LTC, we automatically switch scrypt mining to most profitable altcoin,then we exchange the coins to LTC at altcoin exchange market. Finally, Our members get paid comfortably in LTC or RMB every day.
For example: In the March 5，Mining Litecoin will get 0.2766LTC/M one day. But our pool mining alternate cryptocurrencies and get 0.33LTC/M one day. We pay our members 0.31LTC/M. so our profit is 0.02LTC/M (0.33-0.31=0.02).The hashrates of ours pool is 1686M in March 5. So our total gross profit is 0.02LTC/M * 1686 = 33.72 LTC(about 0.87BTC) in March 5.
Weiyun Pool launth in January 2014. As of March 17, 2014, the number of registered member has attained 3254, and average total hashrate is 2441 M/s; during the last week, operating income is 84.12 BTC, operating expenditure is 76.89 BTC, thus gross profit is 7.23 BTC, and gross profit margin is 9.4%.For more information, you can read our Financial Statement
Our original financial documents are written in Chinese,by accounting of our company.Any Certified Public Accountants Co,.Ltd in China is unable to audit our company value by bitcoin because of the China policy.So our Financial Statement was translated and notarized by a well-known Hongkong translation company.their name is HONGKONG FINDHOW INTERNATIONAL GROUP LIMITED. Investor can find more information in their website http://www.findhow.hk/English/
Our business is in rapid growth period,Our goal is the number of registered members reach 8000 and total hashrate reach 10G in the next three month,then double based on this condition by the end of this year. So we are seeking capital to help us to add more servers and upgrade our website system and recruit more staffs to service to our members. It is estimated that this process will require around 250 BTC in capital. ,Updated:we have get fund from a shanghai local VC.

IPO information updated
We have finished our IPO in cryptostocks.

For any information please contact use at [email protected]
IPO Financial Statement,translated and notarized  (updated in 20-3-2014)
http://www.mediafire.com/view/ipgx9jdkgjln8ub/fin-eng.pdf
IPO Financial Statement,chinese original files (updated in 20-3-2014)
http://www.mediafire.com/view/7d1unh4ci9h32l5/fin-ch.pdf