How does Hefty affect electricity consumption compared to other algos?
i cannot talk of numbers because there's nothing that help me with the math in this question, but you can see this
http://heavycoin.github.io/about.html.. here you can read the 4 algos composed heavy.. sha,keccak,groestl,blake, all 256bit..keccak (sha-3), groestl and blake cryptographic function are very easy to calc and they have a small use of memory..moreover heavy is a combination of only 4 algos instead x11,x13,x15 that are composed by a large number of others algos.. this mean more memory usage so more power usage and also more temps..see this to understand what i mean
http://www.getpimp.org/community/blog/144-what-are-all-these-x11,-x13,-x15-algorithms-made-of.htmlthe only concret thing i found on google about hefty1 low power consumption is this
another important thing is the Total System Power Consumption.. it increase more than GPU power consumption going down on table.. but dont ask me why
coinsource also does POD but they verified Midascoin wich turned out not so good.
Will the coin holders share in the success of your projects ?
I didnt see any mention of that i might have missed it , If your robots and security cameras start selling like hotcakes will we get a share of that?
How would u go about giving us our dividents?
If thats the route your going i think your not asking for enough money to properly market and sell your toys u will need more.
If we dont get any of the proceeds of the future buisness then im confused as to what that information is doing in the ann.
excuse me man.. im really happy to see someone so interested..but.. what do you think we will do with 20 btc, if we collect them?
these BTCs are more or less our Business Capital.. so all of you are shareholders man.. all ICO investors.. if we collect for example 10BTC, we will have to pay at least 2-3 btc for logocreator, OP creator, advertise campaign.. and others.. the rest will be used to buy the first big stock of goods.. and is that is the amount which we will use to calc shares.. every year we will publish our corporate balance sheet on our future website (in our country it is musted for a company, the year balance must be published on the website).. and with that balance all ICO investors can see if they are paid for the corrispondent amount invested..
Our Fiscal Law is really really permissive
without this we couldnt collect funds from crypto world
EDIT: if we dont reach at least 5 btc we refund all investors and the coin will be launched anyway, we will search funds somewhere else and our product and our market will be created in any case.. and value of the coin will always depend on which success our product will have
Well i was Assuming that was the case i just didnt read it anywhere. I just wanted things to be Clear cuz if it wasnt clear to me im sure others had the same questions.
I still think your not asking for enough money , i think you have enough to get started on your build website and maybe even a little stock but as an investor id like to see u get a little more marketing capital.
That will Make or break your buisness the ability to get people to your site and see your Toys im sure there is a market of people interrested in what your making and will make in the future but getting to people to your site to buy is the Biggest hurdle and shouldnt be underestimated.
U could consider doing a second investment round ,(u will need to reserve some coins for this) to pay for additional marketing.
This second round would have a Higher Price since you would have your first round of investments done.(to reward early investors.)
Man you are talking well.. finally someone that understand our plan.. the only thing i dont understand is why do you think we dont have enough capital.. you must think that our ICO is 20 btc in total.. ok, it doesnt going well, i know.. probably for many reasons:
1) we are absolutly new here, we are even noob maybe, in an offend sense..we dont know how and where advertise, where do a POD, even i dindt know what escrow is..we are engineers and accountants, not miners or altcoin-strategists..
sorry!!;
2) people dont like (yet) this kind of coin, prbably because this is a really new kind of project in alt-coin world.. no coins yet are releated with a company and no coins can buy something touchable but ASIC miners, that are anyway releated with this "world".. no coin are thought to begin spreaded in differents markets or in day-after-day life;
3) recent BTC fall doesnt incentive people invest.. they are scared..
but our original thought was to sell 20 BTC.. if you see the OP and the old thread (
link to old thread) you can see our Business Plan, our Incomings-Costs prevision, our BEP (Break even Point) analysis.. we are able to product our security lamp for 60$, raspeberry with pi-Pan and raspberry as central unit (read well OP and old thread to understand) for a total of 110$, included uman work and designer work.. with 20 btc at 450$ we can buy goods, materials and human work to produce 40-50 items.. i think this is a good start man, there are too many risks in make the fundraising for 30-40 BTC.. if people wont like our core market we would be insolvent and we will have a big stock of unused (and unuseful) goods and materials.. and also investors will be unhappy
so we think it is better start with 20 btc stock (~40 items), sell it with a big Murkup (only for the first 3-4 production-cycles) and with this high Markup we can finance the next production-cycle..
the great (for a business) thing of alt-coin currencies and in general of e-commerce is that payments are made at moment of the order/delivery.. it means: no bank credit to finance next production-cycle.. are you starting understand?
with internet payments, with a big markup for the first 3-4 production-cycles, we can continue the production without others funds and with a low risk..
To all people: please read carefully the lines above !
instead i think are interesting these your words:
So if we send BTC, we get to own "shares" or coins, in...? Some commercial entity? Not a PTY LTD entity....so what is it and what does it own?
first of all please read my above post.. after that read the OP and the
old thread.. in the OP and in pages of old thread i explained your questions
Thanks to all!