[HAVELOCK]CBCM SHA-256 Mine IPO (cancelled) - page 9.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: cbcm.co on June 11, 2014, 03:55:22 AM

Thank you for the advice.
The main purpose to diversify pools was to protect the whole project from one pool risks (shut down, hack attack etc.)

Taras

i guess i'm just a fan of small pools (and DGM of course!) - in the end, the choice is yours entirely; best of luck with your venture.

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: raskul on June 11, 2014, 03:42:06 AM

Quote from: cbcm.co on June 11, 2014, 03:07:37 AM

Quote from: raskul on June 11, 2014, 02:55:11 AM

please can you inform us, to which pool(s) you intend hashing. solo mining? p2pool?

thanks.

We plan to diversify hashing power between several pools including ghash.io (as long as they stay away from 50%), BTCGuild and others.
We would prefere to use any stable low fee merged mining pool as long as it big enough (but not too much) )

Taras

thanks, if you make your target, i would heartily recommend looking at mmpool.org - merge mining, DGM method and adding that kind of hashpower will ensure rounds are not too long. I feel that you would be better using one pool, rather than diversifying; because that would make your accounting a nightmare - different fee structures, different round lengths... just as a FYI, when Icedrill started out they began hashing at ozco.in and were doing very well with it, then they started diversifying - things went downhill from there. I'm not saying your practises will be anything like Icedrill, just giving a heads up on the failures they have made. Spreading hashrate for variance is all very well, but you will find a more stable result by choosing a pool and sticking with it, i think.

Thank you for the advice.
The main purpose to diversify pools was to protect the whole project from one pool risks (shut down, hack attack etc.)

Taras

raskul

sr. member

Activity: 434

Merit: 250

Quote from: cbcm.co on June 11, 2014, 03:07:37 AM

Quote from: raskul on June 11, 2014, 02:55:11 AM

please can you inform us, to which pool(s) you intend hashing. solo mining? p2pool?

thanks.

We plan to diversify hashing power between several pools including ghash.io (as long as they stay away from 50%), BTCGuild and others.
We would prefere to use any stable low fee merged mining pool as long as it big enough (but not too much) )

Taras

thanks, if you make your target, i would heartily recommend looking at mmpool.org - merge mining, DGM method and adding that kind of hashpower will ensure rounds are not too long. I feel that you would be better using one pool, rather than diversifying; because that would make your accounting a nightmare - different fee structures, different round lengths... just as a FYI, when Icedrill started out they began hashing at ozco.in and were doing very well with it, then they started diversifying - things went downhill from there. I'm not saying your practises will be anything like Icedrill, just giving a heads up on the failures they have made. Spreading hashrate for variance is all very well, but you will find a more stable result by choosing a pool and sticking with it, i think.

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: raskul on June 11, 2014, 02:55:11 AM

please can you inform us, to which pool(s) you intend hashing. solo mining? p2pool?

thanks.

We plan to diversify hashing power between several pools including ghash.io (as long as they stay away from 50%), BTCGuild and others.
We would prefere to use any stable low fee merged mining pool as long as it big enough (but not too much) )

Taras

raskul

sr. member

Activity: 434

Merit: 250

please can you inform us, to which pool(s) you intend hashing. solo mining? p2pool?

thanks.

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: horcoff on June 11, 2014, 01:45:08 AM

Quote from: cbcm.co on June 10, 2014, 11:37:49 PM

Quote from: horcoff on June 10, 2014, 11:12:26 PM

Quote from: cbcm.co on June 10, 2014, 09:37:37 PM

Quote from: Korbman on June 10, 2014, 07:07:03 PM

Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.

A few months ago PETA operation was at the same stage as we are now - IPO.
We have to copete and developed a plan how to increase hasing power of each share by 50% during next 3 months.
As you understand that will increase (or keep stable, depending on difficulty changes) weekly dividend payments to each unit holder.

cbcm.co,

what is Your interest in this whole IPO?

As any commercial project we plan to receive profit.
This profit will consist of optimizing and economy in the management of SHA-256 mine.
We will charge fix rate per GHs (decreasing as deployed hashpower growth) and cover all the electricity, maintenance expences and other costs.

Could You place some numbers? 2,9 $/gh at start + 0,2$/gh monthly - this is Your profit? Nothing more?

And what is the lifetime of Your hardware? until profitable?

Our main profit is a small part of fixed $0.2/GHs monthly with lowering this rate as the project growth.
According to our estimates we reach the level of $0.1/GHs by the end of 2014 (mostly because of deployment of more efficient equipment and relatively stable fixed costs).

When miners profit decrease to set point (due to difficulty increasement) we plan to sell them and replace by more efficient one.

Taras

horcoff

member

Activity: 80

Merit: 10

Quote from: cbcm.co on June 10, 2014, 11:37:49 PM

Quote from: horcoff on June 10, 2014, 11:12:26 PM

Quote from: cbcm.co on June 10, 2014, 09:37:37 PM

Quote from: Korbman on June 10, 2014, 07:07:03 PM

Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.

A few months ago PETA operation was at the same stage as we are now - IPO.
We have to copete and developed a plan how to increase hasing power of each share by 50% during next 3 months.
As you understand that will increase (or keep stable, depending on difficulty changes) weekly dividend payments to each unit holder.

cbcm.co,

what is Your interest in this whole IPO?

As any commercial project we plan to receive profit.
This profit will consist of optimizing and economy in the management of SHA-256 mine.
We will charge fix rate per GHs (decreasing as deployed hashpower growth) and cover all the electricity, maintenance expences and other costs.

Could You place some numbers? 2,9 $/gh at start + 0,2$/gh monthly - this is Your profit? Nothing more?

And what is the lifetime of Your hardware? until profitable?

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: AcoinL.L.C on June 11, 2014, 12:55:36 AM

Anyone investing in this is stupid. Can get better deals for the exact same thing with both PETA & PBMINING, and your wrong, you can sell PBMINING contracts.

If you want to offer an IPO on a mine, you should already have a mine in place, not start from scratch with investors funds Roll Eyes

As I told earlier.

I respect you opinion but purchasing mining contract you will receive decreasing dividends and probably in 1 year time you receive 1 satoshi per month.
Our offer allows investors to receive relatively stable dividends (due to raising hashpower per each unit) during the whole holding period.

Taras

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

This is not endorsement to buy CBCM, but I look at PBMINING cost. The electricity alone for 5 years cost a lot more than the contract cost per $/GHs
Either it is a pyramid or they expect to replace with new hardware at an unrealistic rate. Do the math.

Guy

AcoinL.L.C

legendary

Activity: 1036

Merit: 1000

Anyone investing in this is stupid. Can get better deals for the exact same thing with both PETA & PBMINING, and your wrong, you can sell PBMINING contracts.

If you want to offer an IPO on a mine, you should already have a mine in place, not start from scratch with investors funds Roll Eyes

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: bobsag3 on June 10, 2014, 09:22:47 PM

Nice to know where all the SP10s went.

CBCM are legit. Assuming their first round will be a success, we'll cover it with 35 SP10s we removed from our stock.
We also helped them secured additional hosted hash power in case their subsequent rounds will be successful, from a trusted partner and customer we're working with.

Guy

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: Anotheranonlol on June 10, 2014, 11:23:58 PM

What is your nationality, seem russian ?

I'm Ukrainian.

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: horcoff on June 10, 2014, 11:12:26 PM

Quote from: cbcm.co on June 10, 2014, 09:37:37 PM

Quote from: Korbman on June 10, 2014, 07:07:03 PM

Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.

A few months ago PETA operation was at the same stage as we are now - IPO.
We have to copete and developed a plan how to increase hasing power of each share by 50% during next 3 months.
As you understand that will increase (or keep stable, depending on difficulty changes) weekly dividend payments to each unit holder.

cbcm.co,

what is Your interest in this whole IPO?

As any commercial project we plan to receive profit.
This profit will consist of optimizing and economy in the management of SHA-256 mine.
We will charge fix rate per GHs (decreasing as deployed hashpower growth) and cover all the electricity, maintenance expences and other costs.

Anotheranonlol

hero member

Activity: 588

Merit: 504

What is your nationality, seem russian ?

horcoff

member

Activity: 80

Merit: 10

Quote from: cbcm.co on June 10, 2014, 09:37:37 PM

Quote from: Korbman on June 10, 2014, 07:07:03 PM

Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.

A few months ago PETA operation was at the same stage as we are now - IPO.
We have to copete and developed a plan how to increase hasing power of each share by 50% during next 3 months.
As you understand that will increase (or keep stable, depending on difficulty changes) weekly dividend payments to each unit holder.

cbcm.co,

what is Your interest in this whole IPO?

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

Quote from: bobsag3 on June 10, 2014, 09:22:47 PM

Nice to know where all the SP10s went.

thats one way to spread the hash around …

~L)L~

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: Korbman on June 10, 2014, 07:07:03 PM

Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.

A few months ago PETA operation was at the same stage as we are now - IPO.
We have to copete and developed a plan how to increase hasing power of each share by 50% during next 3 months.
As you understand that will increase (or keep stable, depending on difficulty changes) weekly dividend payments to each unit holder.

RiverBoatBTC

full member

Activity: 224

Merit: 100

Quote from: bobsag3 on June 10, 2014, 09:22:47 PM

Nice to know where all the SP10s went.

Think they are going to hold onto those for a company that has no funds? If they are holding those miners with out some sort of deposit they are nuts.

bobsag3

hero member

Activity: 546

Merit: 500

Owner, Minersource.net

Nice to know where all the SP10s went.

Korbman

legendary

Activity: 1064

Merit: 1001

Quote from: cbcm.co on June 10, 2014, 04:44:10 PM

Quote from: Korbman on June 10, 2014, 04:22:01 PM

Just so I'm clear, since I must have misinterpreted your post...you're asking investors to float BTC1,750 (40,000 shares @ BTC0.04375 average over 8 rounds) to start a 1 PH/s mine. Since each share is 10GH/s (as noted in your prospectus and title), you're granting yourself 60% of the total hashrate (600TH/s) right from the start, leaving investors with just 400TH/s?

Quote from: ujka on June 10, 2014, 04:25:39 PM

I think they want to start with 400th (8x5000 shares in IPO) and continue with 'rolling placement'.

During first round we plan raise funds to deploy 400 THs and after start rolling placements to increase total hashpower to 1 PHs by September.

Ah, I got it, thanks for the clarification.

Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.

Topic: [HAVELOCK]CBCM SHA-256 Mine IPO (cancelled) - page 9. (Read 10171 times)