I'm a bit confused, so if your hashpower increases from the current 8.2ghash to say 16ghash will each share still be worth 1/1600th of the total 16ghash? I think there's definitely room for mining shares to give a better deal to shareholders, not sure if this is it though.
Cheers
Topic: [GLBSE] MMM Mining Investment GLBSE 4% Weekly Interest - page 4. (Read 7236 times)
To reply to both I will go ahead and take picks and post up here.
I did not know about the whole Russian MMM thing I asked GLBSE to allow me to change my ticker. but not gonna happen.
I did not know about the whole Russian MMM thing I asked GLBSE to allow me to change my ticker. but not gonna happen.
Just with the MMM name seems that it's a bad pun of a ponzi.
If you already have rigs then you should be able to prove it by taking pics with a written timestamp.
are you getting verified??
How can you give higher returns than other mining operators?
How can you give higher returns than other mining operators?
Yes we are working on getting verified. Our mission is to give the minimum of 5mhash/s or offer each holder 1/1600th of my 8.2gh/s farm whichever is greater on a particular day. The mission behind it is expansion. We are already expanding and once there are more miners we can increase the total revenue flow of the farm. Of course once the revenue flow is increase profits increase. The plan is that we will pay out around 110-120% of earnings of the current farm but the expansion underway is an additional 50% which will more than cover the bonuses plus 30%. The goal is to expand 300% from capital raised. We are trying to do something different yet safe to seperate ourself from the pack so the holders and ourselves will benefit. As always the better we do you for you the more it does for us.
As for ASIC we are on top of that as well and will be ready for it as soon as they are released.
You cant both expand and pay excessive dividends. Either the coins earned mining will be used to expand the mining farm or they will be paid as dividends to shareholders. Using terms like "300%" screams scam to me.
Btw if I was using coins earned from the sale of shares to pay dividends that would be a scam, its known as a Ponzi scam.
Which is why the money is used to expand. Then the money earned from the profits of the expansion will then be used to increase profits as well as pay the dividends. We have already started to expand and have a new system on the way which will more than cover the bonuses. That way this can be a well oiled long term investment that will make everyone happy. We don't promise millions over night or probably ever but we do promise to separate our self from the norm and try to give back as much as we can to those that put their trust in us.
Mining isnt profitable enough to get the returns you are claiming.
are you getting verified??
How can you give higher returns than other mining operators?
How can you give higher returns than other mining operators?
Yes we are working on getting verified. Our mission is to give the minimum of 5mhash/s or offer each holder 1/1600th of my 8.2gh/s farm whichever is greater on a particular day. The mission behind it is expansion. We are already expanding and once there are more miners we can increase the total revenue flow of the farm. Of course once the revenue flow is increase profits increase. The plan is that we will pay out around 110-120% of earnings of the current farm but the expansion underway is an additional 50% which will more than cover the bonuses plus 30%. The goal is to expand 300% from capital raised. We are trying to do something different yet safe to seperate ourself from the pack so the holders and ourselves will benefit. As always the better we do you for you the more it does for us.
As for ASIC we are on top of that as well and will be ready for it as soon as they are released.
You cant both expand and pay excessive dividends. Either the coins earned mining will be used to expand the mining farm or they will be paid as dividends to shareholders. Using terms like "300%" screams scam to me.
Btw if I was using coins earned from the sale of shares to pay dividends that would be a scam, its known as a Ponzi scam.
Which is why the money is used to expand. Then the money earned from the profits of the expansion will then be used to increase profits as well as pay the dividends. We have already started to expand and have a new system on the way which will more than cover the bonuses. That way this can be a well oiled long term investment that will make everyone happy. We don't promise millions over night or probably ever but we do promise to separate our self from the norm and try to give back as much as we can to those that put their trust in us.
Well to put it in simple terms my original set up cost me around $4000 and is making at the moment around $44 a day. If the 1600 shares were to sell at even .8 btc at $10 a piece that would be $12800 there fore I would be able to expand my current set up 3 fold or 300%. That is the goal and I wish more than anything that computers would allow people to get a better idea of who people are. I am not saying that I am offering 300% profit as that is not the goal. The security should produce a steady 2.5% (being 5mhash/s daily returns or up to 4% on a good week) I am working on getting verified but GLBSE is being a little slow at the moment they have told me that they have been swamped with a large number of requests due to extra activity. The goal of expanding whether it be doubling or tripling the current output of mining capacity is the plan and is the way that we plan to pay for the slightly larger increase in payouts. I am working on a website to show off the current operation and will also post each new rig as they come in and are operational.
Really even if we weren't to release any more shares than what are already currently released the capital that is earned and put toward new invesments allow us to earn a higher profit margin and even if that means paying a little extra to our shareholders to show our loyalty for helping us expand we are more than happy to do that. If our holders do wish for us to expand and release more stocks so that Money Maker Mining can grow even larger than in our eyes that would be even greater.
We are a small operation and would like to separate as far away from the thought of a scam as possible. If I was to say to you invest in us and next week you will get 300% profits just give me your bank account number that would be one thing. But again the goal is that we are selling shares at a price that we deem reasonable that would equal out to roughly 3x our initial investment once all shares are sold there fore allowing use to expand 3 fold. I am not sure if you are looking at the numbers the wrong way or just its my fault for a bad explanation but right now we are running at 100% at 8.2gh/s with investments if we were able to be running at 16.4gh/s that would be 200% and 24.6gh/s that would be 300%
If there is anything I can do to show you our explain better/further please let me know. Time will only tell be you will not see one day up there from here until the day I die that there is not a dividend payment that directly follows that contract.
I could get in to some sappy stuff but this has become my job after an injury and I put most of what I had in to it. My room mate has also decided to join in and we have a good thing going. Money is required to grow further and we thought that allowing others to invest would be a way for us to expand faster.
Really even if we weren't to release any more shares than what are already currently released the capital that is earned and put toward new invesments allow us to earn a higher profit margin and even if that means paying a little extra to our shareholders to show our loyalty for helping us expand we are more than happy to do that. If our holders do wish for us to expand and release more stocks so that Money Maker Mining can grow even larger than in our eyes that would be even greater.
We are a small operation and would like to separate as far away from the thought of a scam as possible. If I was to say to you invest in us and next week you will get 300% profits just give me your bank account number that would be one thing. But again the goal is that we are selling shares at a price that we deem reasonable that would equal out to roughly 3x our initial investment once all shares are sold there fore allowing use to expand 3 fold. I am not sure if you are looking at the numbers the wrong way or just its my fault for a bad explanation but right now we are running at 100% at 8.2gh/s with investments if we were able to be running at 16.4gh/s that would be 200% and 24.6gh/s that would be 300%
If there is anything I can do to show you our explain better/further please let me know. Time will only tell be you will not see one day up there from here until the day I die that there is not a dividend payment that directly follows that contract.
I could get in to some sappy stuff but this has become my job after an injury and I put most of what I had in to it. My room mate has also decided to join in and we have a good thing going. Money is required to grow further and we thought that allowing others to invest would be a way for us to expand faster.
are you getting verified??
How can you give higher returns than other mining operators?
How can you give higher returns than other mining operators?
Yes we are working on getting verified. Our mission is to give the minimum of 5mhash/s or offer each holder 1/1600th of my 8.2gh/s farm whichever is greater on a particular day. The mission behind it is expansion. We are already expanding and once there are more miners we can increase the total revenue flow of the farm. Of course once the revenue flow is increase profits increase. The plan is that we will pay out around 110-120% of earnings of the current farm but the expansion underway is an additional 50% which will more than cover the bonuses plus 30%. The goal is to expand 300% from capital raised. We are trying to do something different yet safe to seperate ourself from the pack so the holders and ourselves will benefit. As always the better we do you for you the more it does for us.
As for ASIC we are on top of that as well and will be ready for it as soon as they are released.
You cant both expand and pay excessive dividends. Either the coins earned mining will be used to expand the mining farm or they will be paid as dividends to shareholders. Using terms like "300%" screams scam to me.
bump
are you getting verified??
How can you give higher returns than other mining operators?
How can you give higher returns than other mining operators?
Yes we are working on getting verified. Our mission is to give the minimum of 5mhash/s or offer each holder 1/1600th of my 8.2gh/s farm whichever is greater on a particular day. The mission behind it is expansion. We are already expanding and once there are more miners we can increase the total revenue flow of the farm. Of course once the revenue flow is increase profits increase. The plan is that we will pay out around 110-120% of earnings of the current farm but the expansion underway is an additional 50% which will more than cover the bonuses plus 30%. The goal is to expand 300% from capital raised. We are trying to do something different yet safe to seperate ourself from the pack so the holders and ourselves will benefit. As always the better we do you for you the more it does for us.
As for ASIC we are on top of that as well and will be ready for it as soon as they are released.
are you getting verified??
How can you give higher returns than other mining operators?
How can you give higher returns than other mining operators?
bump
Hi I would like to introduce you to my newly launched stock. MMM Money Maker Mining (Yes I know its a little corny but the intent is to make money and it is through mining)
https://www.glbse.com/asset/view/MMM
We offer a minimum 100% PPS of 5 mhash/s payout per day or 1/1600th revenue of my 8.2gh/s mining farm. The holder of the share will receive whichever is larger. So if the miners have a great day and solve twice the normal amount of blocks the share holders each receive a payout equal to 1/1600th of the greater earnings in the case of double the blocks solved they would receive a payout equal to 10 mh/s or double the typical payout. If the miners have a bad day and solve below the average number of blocks the holders are still guaranteed a minimum of 5mh/s PPS.
The holder will receive full revenue dividends and not have to deal with paying for maintenance expenses.
MMM Is a small mining operation with the intention to expand. 70% of the income earned from selling shares will be reinvested in to the company. The remaining 30% will be used to maintain and cover any unforseen expenses so the burden never falls on the holder.
Once MMM does expand the option to release more stock will fall to a vote of majority which if so chosen MMM will release more shares each being equal to the previous falling under the same contract.
The Mining Farm is a mix of both FPGA and GPU set up and is run at a very low electricity rate.
Also at which time ASIC is introduced the contract will adjust to increase payouts respectively.
This project is very close to us and we will put everything in to it to make sure you make as much money as possible. As things are set up interest will be 2.5-4% each week. Remember the goal of this is to make the share holder happy which in turn makes me happy. If we do a good job and the stock price rises than when and if additional stocks are released they will be released at a higher amount. So as always making the share holder happy is our is our first second and third priorities.
MMM starting out at .8 btc but the first 100 that purchase will get a rate lower than that starting at .5 btc. There is of course only a total of 1600 shares being released.
Also as a fail safe if there is any reason in which mining is no longer profitable to the 100% of the income from liquidation of equipment would then go to pay off all investors.
Thank you for taking your time to read and I hope to hear your feed back and see you on GLBSE. If you would like to contact us directly please do at [email protected]
https://www.glbse.com/asset/view/MMM
We offer a minimum 100% PPS of 5 mhash/s payout per day or 1/1600th revenue of my 8.2gh/s mining farm. The holder of the share will receive whichever is larger. So if the miners have a great day and solve twice the normal amount of blocks the share holders each receive a payout equal to 1/1600th of the greater earnings in the case of double the blocks solved they would receive a payout equal to 10 mh/s or double the typical payout. If the miners have a bad day and solve below the average number of blocks the holders are still guaranteed a minimum of 5mh/s PPS.
The holder will receive full revenue dividends and not have to deal with paying for maintenance expenses.
MMM Is a small mining operation with the intention to expand. 70% of the income earned from selling shares will be reinvested in to the company. The remaining 30% will be used to maintain and cover any unforseen expenses so the burden never falls on the holder.
Once MMM does expand the option to release more stock will fall to a vote of majority which if so chosen MMM will release more shares each being equal to the previous falling under the same contract.
The Mining Farm is a mix of both FPGA and GPU set up and is run at a very low electricity rate.
Also at which time ASIC is introduced the contract will adjust to increase payouts respectively.
This project is very close to us and we will put everything in to it to make sure you make as much money as possible. As things are set up interest will be 2.5-4% each week. Remember the goal of this is to make the share holder happy which in turn makes me happy. If we do a good job and the stock price rises than when and if additional stocks are released they will be released at a higher amount. So as always making the share holder happy is our is our first second and third priorities.
MMM starting out at .8 btc but the first 100 that purchase will get a rate lower than that starting at .5 btc. There is of course only a total of 1600 shares being released.
Also as a fail safe if there is any reason in which mining is no longer profitable to the 100% of the income from liquidation of equipment would then go to pay off all investors.
Thank you for taking your time to read and I hope to hear your feed back and see you on GLBSE. If you would like to contact us directly please do at [email protected]
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