[HAVELOCK]CBCM SHA-256 Mine IPO (cancelled) - page 6.

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: cowboyminer on June 11, 2014, 06:19:05 AM

The IPO is legit. And all hash is ready and secure. so no mine needs to be setup from scratch. How can i know? Because i have all the hash standing for CBCM.

Quote from: Guy Corem on June 11, 2014, 11:30:07 AM

Quote from: RiverBoatBTC on June 11, 2014, 11:24:05 AM

Quote from: Guy Corem on June 11, 2014, 11:12:36 AM

Quote from: RiverBoatBTC on June 11, 2014, 11:00:28 AM

The fact is booth spoolies and CBCM are side stepping what the actual agreement is.

Is it just to hold the 35 units for them? Or is their some secretive back door deal going on?

Legit question by a legit user. Our only agreement with CBCM (Taras) is to hold 35 units for placement and hosting by us if the first round will be a success.
I wish I had more SP10s to cover more rounds. All were sold out.

Thanks for clarification spondoolies

"We are a group of cryptomined enthusiasts who managed to start couple privately held mining projects located in different countries (personally I live in Czech Rep). All info about company's management will appear at our website soon.
For the moment we are in business relations with Spondoolies-Tech (I am not authorized to disclose details of the agreement)."

Tell me that is not misleading? All they had to say was we have units reserved and ready to be delivered.

Why did I just get a email from a cowboyminer claiming he was hosting the units with pictures?

I'm not sure what I need to explain here, but I'll try.
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
In subsequent rounds, assuming they'll will be successful as well, will be covered by cowboyminer mining organization. They have more than enough hash-power, not based on SP10s
Initially, when CBCM (Taras) approached us, we planned to cover all rounds with SP10s. They were sold too fast.
If we'll have SP30 or SP50 in stock sometime in the future, we might sell additional units to CBCM.

We're in business relations with cowboyminer and sold them SP30s for delivery in August. We might sell them more. We might sell them SP50 for delivery in 2015.

Do you need more clarifications ?

Here're some pictures of miners that are ready to swith to our project ASAP, but after more than 2 rounds are placed.

http://s1.uploads.im/bSHuP.jpg
http://s1.uploads.im/YEoQj.jpg
http://s1.uploads.im/qSU40.jpg
http://s1.uploads.im/wt40E.jpg
http://s1.uploads.im/CLXxA.jpg

Korbman

legendary

Activity: 1064

Merit: 1001

Quote from: cbcm.co on June 11, 2014, 11:21:28 AM

Quote from: Korbman on June 11, 2014, 10:50:35 AM

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

It is not about my background, it is about things everybody can calculate (sorry if I offended anyone)

According to our planned adding of hashpower per unit, if you invest 0.042 during IPO you can earn around 50% by Christmas (thats include dividends + shares estimated fair value price)

So, acoording to mentioned above, if you invest now 1BTC - you can get 1.5 BTC in half a year.

That's the problem though. Not everyone can calculate what they may or may not be able to earn over a period of time by investing in this fund (or any others). I mean no disrespect, but it's part of the job of the representative to present as much information as possible for an investor to make an informed decision.

Even better if, on top of that, you're able to present your view on the investment. What I mean is, if you say "earn 50% by Christmas", the next question I'm going to ask is "How did you come to that figure?". It would be better if you had already laid out where you think the network difficulty will be between now and then, factoring reinvestment, energy / hosting, and management costs. The more information and thoughtfulness you can put behind your argument, the better your chance for success.

By the way, I know I've mentioned PETA several times so far, but I need to include the fact that I am not invested with them and I have nothing to do with their operation. PETA is your closest competition, so comparing CBCM / SHA to PETA is the best way to gauge overall value. Giving potential investors a reason to switch their investment from them to you should be paramount.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Guy Corem on June 11, 2014, 11:30:07 AM

...
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
...
Do you need more clarifications ?

Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?

Quote from: Guy Corem on June 11, 2014, 08:38:28 AM

...
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
...

RiverBoatBTC

full member

Activity: 224

Merit: 100

Nope, but the fact we are having to get this information from you, the mining supplier does not sit well.
How hard would it have been for the OP to do some of this shit himself instead of forcing people to dig.
While I do not think you have anything to do with CBCM, I still do feel something is a miss with them, and the whole operation.
Its hard to get no clouded side stepping answers from the OP which is a bad sign. He made it sound like you guys had some super great backdoor deal that would make this IPO better then the others.
Even if it turns out not to be a scam it is a ass backwards investment, why does anyone need CBCM to do this? Why not just buy the miners direct from you and have you host them?
The fact of the matter is he is getting paid for a group buy, for the future with out 0 investment of his own or continued effort.
Bitcoiners pay
Someone else hosts
CBCM does.. exactly what? But they are getting paid.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: RiverBoatBTC on June 11, 2014, 11:24:05 AM

Quote from: Guy Corem on June 11, 2014, 11:12:36 AM

Quote from: RiverBoatBTC on June 11, 2014, 11:00:28 AM

The fact is booth spoolies and CBCM are side stepping what the actual agreement is.

Is it just to hold the 35 units for them? Or is their some secretive back door deal going on?

Legit question by a legit user. Our only agreement with CBCM (Taras) is to hold 35 units for placement and hosting by us if the first round will be a success.
I wish I had more SP10s to cover more rounds. All were sold out.

Thanks for clarification spondoolies

"We are a group of cryptomined enthusiasts who managed to start couple privately held mining projects located in different countries (personally I live in Czech Rep). All info about company's management will appear at our website soon.
For the moment we are in business relations with Spondoolies-Tech (I am not authorized to disclose details of the agreement)."

Tell me that is not misleading? All they had to say was we have units reserved and ready to be delivered.

Why did I just get a email from a cowboyminer claiming he was hosting the units with pictures?

I'm not sure what I need to explain here, but I'll try.
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
In subsequent rounds, assuming they'll will be successful as well, will be covered by cowboyminer mining organization. They have more than enough hash-power, not based on SP10s
Initially, when CBCM (Taras) approached us, we planned to cover all rounds with SP10s. They were sold too fast.
If we'll have SP30 or SP50 in stock sometime in the future, we might sell additional units to CBCM.

We're in business relations with cowboyminer and sold them SP30s for delivery in August. We might sell them more. We might sell them SP50 for delivery in 2015.

Do you need more clarifications ?

RiverBoatBTC

full member

Activity: 224

Merit: 100

Quote from: Guy Corem on June 11, 2014, 11:12:36 AM

Quote from: RiverBoatBTC on June 11, 2014, 11:00:28 AM

The fact is booth spoolies and CBCM are side stepping what the actual agreement is.

Is it just to hold the 35 units for them? Or is their some secretive back door deal going on?

Legit question by a legit user. Our only agreement with CBCM (Taras) is to hold 35 units for placement and hosting by us if the first round will be a success.
I wish I had more SP10s to cover more rounds. All were sold out.

Thanks for clarification spondoolies

"We are a group of cryptomined enthusiasts who managed to start couple privately held mining projects located in different countries (personally I live in Czech Rep). All info about company's management will appear at our website soon.
For the moment we are in business relations with Spondoolies-Tech (I am not authorized to disclose details of the agreement)."

Tell me that is not misleading? All they had to say was we have units reserved and ready to be delivered.

Why did I just get a email from a cowboyminer claiming he was hosting the units with pictures?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: raskul on June 11, 2014, 11:11:07 AM

Quote from: NotLambchop on June 11, 2014, 11:09:33 AM

Quote from: raskul on June 11, 2014, 11:02:33 AM

the way I see it, small cloud outfits are the future and most beneficial to the miner - spreading the hashrate between many is far better than the building the likes of 3 datorhalls and mining for yourself. I'm happy to invest in this because it's not centralising anything, it's spreading the wealth. If you don't get that fact, you remain; a clueless troll. Undecided

some people will never change.

Investing in PMBs is investing in centralized mining--small mining companies, if successful, grow to become large mining companies. If you are against centralized mining, don't invest in aspiring mining concerns--buy a miner and mine.
Or, at least, troll elsewhere.

you clearly have no idea where bitcoin mining is going. are you going to run a 100TH/s rig in your spare room by the time difficulty gets to 100billion?
reality check.

I do have an idea where bitcoin mining is going, and perhaps it has already arrived. It is highly centralized, and becoming more so.
Thanks for making this possible by funding ASIC manufacturers and investing in centralized mines.
Of course, history has shown that you'll lose money in the process of doing both, but to me that's a small solace Undecided

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: Korbman on June 11, 2014, 10:50:35 AM

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

It is not about my background, it is about things everybody can calculate (sorry if I offended anyone)

According to our planned adding of hashpower per unit, if you invest 0.042 during IPO you can earn around 50% by Christmas (thats include dividends + shares estimated fair value price)

So, acoording to mentioned above, if you invest now 1BTC - you can get 1.5 BTC in half a year.

Am I convincing?

Follow our IPO,
Taras

raskul

sr. member

Activity: 434

Merit: 250

...anyway, i'm not here to debate the rights and wrongs of the OP, i'm simply putting a small amount of btc into this to see where it goes.
the choice is your own, if you do not want to invest in it, fair enough, just don't clutter up the thread for interested parties.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: RiverBoatBTC on June 11, 2014, 11:00:28 AM

The fact is booth spoolies and CBCM are side stepping what the actual agreement is.

Is it just to hold the 35 units for them? Or is their some secretive back door deal going on?

Legit question by a legit user. Our only agreement with CBCM (Taras) is to hold 35 units for placement and hosting by us if the first round will be a success.
I wish I had more SP10s to cover more rounds. All were sold out.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: NotLambchop on June 11, 2014, 11:09:33 AM

Quote from: raskul on June 11, 2014, 11:02:33 AM

the way I see it, small cloud outfits are the future and most beneficial to the miner - spreading the hashrate between many is far better than the building the likes of 3 datorhalls and mining for yourself. I'm happy to invest in this because it's not centralising anything, it's spreading the wealth. If you don't get that fact, you remain; a clueless troll. Undecided

some people will never change.

Investing in PMBs is investing in centralized mining--small mining companies, if successful, grow to become large mining companies. If you are against centralized mining, don't invest in aspiring mining concerns--buy a miner and mine.
Or, at least, troll elsewhere.

you clearly have no idea where bitcoin mining is going. are you going to run a 100TH/s rig in your spare room by the time difficulty gets to 100billion?
reality check.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: raskul on June 11, 2014, 11:02:33 AM

the way I see it, small cloud outfits are the future and most beneficial to the miner - spreading the hashrate between many is far better than the building the likes of 3 datorhalls and mining for yourself. I'm happy to invest in this because it's not centralising anything, it's spreading the wealth. If you don't get that fact, you remain; a clueless troll. Undecided

some people will never change.

Investing in PMBs is investing in centralized mining--small mining companies, if successful, grow to become large mining companies. If you are against centralized mining, don't invest in aspiring mining concerns--buy a miner and mine.
Or, at least, troll elsewhere.

raskul

sr. member

Activity: 434

Merit: 250

the way I see it, small cloud outfits are the future and most beneficial to the miner - spreading the hashrate between many is far better than the building the likes of 3 datorhalls and mining for yourself. I'm happy to invest in this because it's not centralising anything, it's spreading the wealth. If you don't get that fact, you remain; a clueless troll. Undecided

some people will never change.

RiverBoatBTC

full member

Activity: 224

Merit: 100

The fact is booth spoolies and CBCM are side stepping what the actual agreement is.

Is it just to hold the 35 units for them? Or is their some secretive back door deal going on?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: raskul on June 11, 2014, 10:23:18 AM

...
i gave no opinion, simply subscribing to the thread with my intent. go away, arsewipe.
ADD: I note by your signature that you are a gambling addict - each to their own.

I note by your signature you pimp Spondoolies

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: Korbman on June 11, 2014, 10:50:35 AM

Spondoolies is an equipment manufacturer who sells to thousands of individuals and businesses. It seems that 35 miners is a drop in the bucket to what they normally sell, and that's certainly not a push for funding...heck, it's only enough to fill a single full-sized server rack. Their appearance in this thread is confirmation that CBCM has a reserve set aside...which is not a direct endorsement of the offering.

Voice of reason at last. Spot on. This will be my last post here for a while. Back to work on PickAxe.

RiverBoatBTC

full member

Activity: 224

Merit: 100

Quote from: Korbman on June 11, 2014, 10:50:35 AM

I'm not quite sure how this has been construed into a fight against Spondoolies and Havelock.

Havelock vets new listings, and will continue to push through new IPOs because that's how they make money. How they go about that has always been questioned, but there's no point in bringing it up again since it's off topic.

Spondoolies is an equipment manufacturer who sells to thousands of individuals and businesses. It seems that 35 miners is a drop in the bucket to what they normally sell, and that's certainly not a push for funding...heck, it's only enough to fill a single full-sized server rack. Their appearance in this thread is confirmation that CBCM has a reserve set aside...which is not a direct endorsement of the offering.

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

You think he did not hear you the first 3 times? or is just ignoring your legit questions? I mean you do run a mining fund and thats is exactly the kind of investors he wants right?

Korbman

legendary

Activity: 1064

Merit: 1001

I'm not quite sure how this has been construed into a fight against Spondoolies and Havelock.

Havelock vets new listings, and will continue to push through new IPOs because that's how they make money. How they go about that has always been questioned, but there's no point in bringing it up again since it's off topic.

Spondoolies is an equipment manufacturer who sells to thousands of individuals and businesses. It seems that 35 miners is a drop in the bucket to what they normally sell, and that's certainly not a push for funding...heck, it's only enough to fill a single full-sized server rack. Their appearance in this thread is confirmation that CBCM has a reserve set aside...which is not a direct endorsement of the offering.

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

Another User

member

Activity: 74

Merit: 10

Quote from: Guy Corem on June 11, 2014, 09:28:10 AM

This whole IPO will have zero impact on our bottom line.

Right, makes sense when there's no risk on your part. Roll Eyes

Come on, keep posting Wink

raskul

sr. member

Activity: 434

Merit: 250

Quote from: AcoinL.L.C on June 11, 2014, 10:22:49 AM

Quote from: raskul on June 11, 2014, 10:20:36 AM

i'll buy in some, lets see how it goes. Cool

Your opinion is irrelevant considering your signature shows your another spoondolies fanboy

Cant believe havelock is letting this go through

i gave no opinion, simply subscribing to the thread with my intent. go away, arsewipe.
ADD: I note by your signature that you are a gambling addict - each to their own.

Topic: [HAVELOCK]CBCM SHA-256 Mine IPO (cancelled) - page 6. (Read 10171 times)