Topic: HIVE.MINER: (CANCELLED) (Read 4386 times)

Thank you for your kind words sir! I *could* put shares aside for you if you were planning on purchasing some at a later date.
I could reserve any amount you like up to 10000 shares if you wish. Shoot me a PM if interested.

Hey KLYE =)

I have not the funds to invest right now but thought I would make a post to wish you luck on this venture.

Hope it all goes well for you dude.

Yes.. That is a decent deal I admit.. But for those users that do not have 0.66BTC to fork out for 2GH/s I am offering a cost effective alternative that will grow in power before December. As more hashing power comes online it will produce more profit.. Meaning that as we at KLYEMINING evolve and go through our upgrade phases the amount of hashpower will increase exponentially per a share. And therefore the dividend payments will increase over time. Rather then decrease as we see with most mining shares.

FYI PETA-MINE provides 2GH end of September + 10G on December for just 0.66 BTC. Still they have just sold less than 40% after weeks. You really need to highlight your strength very hard so you can have a small chance to be get approved.

Is recoil the issue?

Atruk! I appreciate the nod on Sparklecoin..

And I believe I heard wind of Roman Candle Butt Bullion in talks.. But I personally will not be attempting this stunt.. I will admit if it is done that sparklecoin is the past then and that (RCBB) is the future.

I hoped to inspire people by me going one level more advanced then Buttcoin.. Waiting for a hip new entrepreneur to take on the next legendary asscoin step.

Thanks for the kind words!

I do have to say though I do respect a lot of the people who were criticizing this venture, some of which I have traded with and had very pleasant experiences.

When you were still on CoinChat I pointed out the part where, "Hey avoiding dice might be a good idea" but then I saw the stills from the Sparklecoin venture. Bitcoin could use a daredevil. Bitcoin could use more actual financiers like MP instead of moar mining bond tards. Do what you do well, or else someone is going to have to jump on Roman Candle Coin.

And seriously about the mood shit. Lamotrigine, Maybe lamotrigine plus lithium, but lamotrigine might do you some good.

Be a daredevil, not a Swede!

Oh wow, I got turned down on a 1BTC loan because I wasn't going to pay 2.5 BTC return, so you're an idiot too? You set off all the ponzi red flags and are a perfect example of someone you shouldn't loan Bitcoins too. Anyone who loans Bitcoins to you has to be dumber than a box of rocks, and they deserve to lose their Bitcoins. You internet bum, if you were so well off like you say, you wouldn't be begging strangers for money. Go do some fucking work you lazy ass mooching leach, I wouldn't even give you 0.001 BTC if your life depended on it. The world needs less compulsive lying, mooching, lazy, incompetent, wastes of space like you.

Thank you for your kind words sir! SOMEONE had to evolve Buttcoin.. I'm just glad I was the one to do so. Hopefully no one attempts a knock off!
Klyecascius mint is retired on anything asscoin related for the foreseeable future unfortunately. Time to focus on less artistic projects.
I hope that the KLYEMINED project goes full on and is able to reach its planned phases quickly and becomes quite profitable to all involved!
(and just in case you had any question of me burning myself during that minting, you best believe I did! )



Also, to anyone who has read this thread in entirety. I apologize for blowing my gasket. I've been fairly stressed as of recently.. And I in no way mean to justify me flying off the handle like that. I lost my temper with 3 trolls attacking me like that.

I hope in the future I can maintain my composure a little better, I am embarrassed in the way I reacted and I hope people do not think of me as a whackadoo for getting so angry with KoS and company. I reacted poorly, and I apologize again for any uncomfort or ill taste left in ones eyes.

Cheers everyone!

Kyle T

This is true, and I salute you for it.

Maybe you should start a fund for Bitcoin stunt earnings where you allow other people to somehow monetize your stunts?

And every time you do I will get course with you. Why is it you can ask for a loan and I can't?

Oh yeah, you have a superiority complex. I forgot.

Now please, Get the f*ck off my thread KoS. You're stressful and unnecessary.

I will comment on every post you make asking for others' funds. Enough said.

If someone wanted to look into you they would click your trust rating.
And if they did they would see that you shouldn't be dealt with.
You leavin negative FUD on my trust rating is a prime example. You're not trustworthy, You are a snake masquerading as a king and are fast to call down others and yet quick to lie about your own stature.

Please refrain from commenting on any post of mine in the future KoS. You bring out the absolute worst in me, And I get it that's your angle. But for the love of your reputation and mine, Stop.

No sir, I've been working since 15. To be 100% honest with you I have an electrician as well as welding background. I also managed a security firm specializing in wireless security cameras for quite some time. As it sits right now I'm currently looking into my next life move. I'm unsure of if I'm wanting to purse a degree in electronics engineering or go back and get my red seal as a welder. On thing that always terrified me and still does to this day is being stuck doing a job I hate until the pension fully kicks in. I remember when rap music wasn't shit, when VHS tapes won over super-8 and still remember to this day the first video game system I ever got.. It was 92' I was 4 years old. and to this day I still love my nintendo.


I'm 24 years old. If I'm lucky I still have another 2/3rds of a life to go. I imagine we will see Bitcoin at over $500 and Mars colonized by time I die.

My reputation thread link is there for anyone who wants to look into me so I don't have to post my successful transactions everytime I present a sales / purchase order in the currency exchange section. I created that reputation thread BEFORE the trust system was created here.

Anyways, anyone with a brain will see how immature you are and realize you are not fit to handle an investment, no matter how small. Thus I am done here, til next post Klye asking for more money from others. I don't care nor do I comment on posts where you express how you spend YOUR money, but when you ask for others' monies, yeah I'll be there everytime just like other untrustworthy users' posts.

At 24 you won't be anything KoS. Your better then everyone attitude will fuck you.

Calling me a drug dealer now? That's cute.

And Sparklecoin was revolutionary. No one else has the testicular fortitude nor the balls of steel to pull such stunts.
You do something out of the normal, get noticed, get some fame, or hate.. Or something!
Everyone attacks me because I'm not a friggin puppet like they are. If my claim to fame is being the most hated non scammer and making sparklecoin, I'd say I'm doing pretty damn peachy.

Just the fact that you need a reputation thread in your signature to somehow justify to yourself that you aren't a scumbag speaks volumes in my eyes.

Coming from a guy 24 years of age who sells drugs, has no rent money and is basically broke. At 24 I plan on working for a good investment company or consulting firm with my double degree. But oh no, I'm the immature person doing nothing with my life.

Oh and lets not forget, he'll stick shit up his ass for bitcoin. Yeah, thats the guy who wants you to invest in his idea.

Also, Please provide evidence that I scammed, instead of throwing out the fact that I have someone who is a scammer claimed I scammed someone else for 1 BTC. Key word: someone else.  Done deals for as much as $2,000 If I wanted to scam I'd do it for more then a hundred bucks.

Quoted to prove KoS has nothing intelligent to say about anything. Piss Off KoS you scammy bastard.

First phase goes into second phase regardless of investor backing 2 months after hashing.

And as for the drama I'm sick of 19 something year olds lookin' down there little noses from their parents basement at me.
Not being belittled and walked on by these punks. Raise a point, fine. But repeat your shit over and over and you're gonna make yourself look like a dick, Then I'm going to look like a dick calling you out on being a dick.

Quoted to show OP's maturity.

As posted in the OP.

I've decided to have only the first phase include a block erupter. Please read before posting garbage like this.

I don't want YOU to invest in me, I personally think you're a cunt.

You were turned down for a 1BTC loan earlier. lol. Guess what princess. I can get a 1 BTC loan no problem.

How about you quit making yourself look like a retard. I'm not a Newcomer here. I've got more proof of good business then you and frankly I think you're a petty peace of shit. You want Hypomanic? Here it is.

Fuck you wardick. Keep your faggot ass opinion to yourself. No one gives a fuck what you think. You can't even get a 1 BTC loan.
I like to gamble. Big fucking deal. Its a hobby, albeit an expensive one sometimes. Oh, I have feelings too.. Sometimes I regret being trapped on this planet with retards like you.. It is hyper opinionated self righteous pieces of shit like you that make this world a ridiculous place. "Oh, lets poke fun at the guy who likes to gamble" "Oh lets point out that this guy has a bit of a serotonin deficiency"

Seriously, why don't YOU go do the world a favour and go kill yourself. It would save the world some oxygen with you not around. Not to mention take out some of the negativity that you seem to like to rain on others. cunt.


tl;dr wardick is a judgemental cunt, avoid his shit.

You even read?

I'm just stating facts. Your whole outline seems sketchy, what MAKES someone want to invest in you? What kind of reputation do you have that ensures they'll get their money back? You're just a bum trying to get a free loan that he may or may not pay back, it wouldn't really matter because you haven't done anything in the community and you don't have any reputation. If $136(1BTC) is that hard to get, you are obviously not putting any effort forth besides begging. My loans been up for 3 hours, I wouldn't say it's been "turned down", and even if it is I'll have my money in 3 or 4 days. You on the other hand won't because you'll keep begging and not actually put any effort in. You're not excluded from forum policy, you're a newcomer with no reputation asking for a loan. On top of that, you are manic depressive and addicted to gambling which is a recipe for disaster. You're basically the posterchild for what to look out for in a scam. You're being an internet bum, go do some work on the internet or IRL, nobody wants to donate to somebody that won't help themself.

Get turned down on a loan and come to take it out on me? You're awfully cool sir.

I was planning to use the AsicMiner Block erupters in the first phase to round out the 2.7GH/s Miner I have coming up to 3 Gh/s.
I've already got a block erupter on the way and the Drillbit Miner is supposed to be here around the end of the month or so.

I completely see your point. And Its isn't my exact plan to purchase a Asicminer Block erupter for every 2.7GH/s stick to round it out.
Depending on what hardware is available I may purchase differently! For All I know someone could drop a heck of a deal / product on hashing units that are ready to ship and snap them up.

Regardless of the amount of shares sold on this IPO phase 1 will be 1 AsicMiner Block erupter and 1 Drillbit USB stick. Totaling 3GH/s!
If more suitable hardware becomes available and shares get sold I will maximize the amount of hashpower bought to what is available on the market.

A few shares have been bought already, But if all of them were to go right now, It would give me more room to look at different units!

Thanks for your numbers!

Cheers,

Kyle.T

Hi,

it's 100000 * 0.0001 Bitcoin = 10 Bitcoin, correct? I don't see the reason right now why you like to purchase USB Erupters, when you can buy superior 2.7 GH/s USB miners and I think a group-buy might be more fitting for this purpose. With the discount they are offering, you still have an edge.


Let's break it down:

10x 2.7 GH/s for 0.6 BTC = 27 GH/s / 6 BTC
10x 335 MH/s for 0.13 BTC = 3.35 GH/s / 1.3 BTC

=> 30.35 GH/s for 7.3 Bitcoin

2.7 Bitcoin shipping cost seems expensive, but that's a different topic.


Solely DrillBit USB miner:

For 7.2 Bitcoin you could buy 12x 2.7 GH/s = 32.4 GH/s
For 9.6 Bitcoin you could buy 16x 2.7 GH/s = 43.2 GH/s


Hm..

Someone that's manic depressive and that has a gambling problem is a perfect example of someone you shouldn't be loaning money to. Where are all your past trades, show why we should trust you. You're like a bum coming off the street with nothing to represent or offer but words. You're an internet bum, do some work instead of just talking and then ask for a loan. You literally have nothing to lose, and nothing to represent. I won't be surprised if this 1BTC turns into 3BTC later down the line, and then into 10BTC, and so on, and all the while you're making the thread bigger and bigger to make you look trusted, when you really have no reputation. I hope this isn't what your planning, but it seems every thread like this ends up turning out that way.


Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

I have a job interview tomorrow actually. And frankly manic depression isn't a reason not to trust anyone. I keep my pleasure and my business separate. No self respecting person would gamble IPO money, I am not Nakowa nor do I strive to do such things. The address for the IPO is publicly posted and before funds are sent anywhere I will be informing shareholders of what the funds are going to be used to purchase.
As I said to KoS. If you want to talk crap about me find another post to do it in. Here is not the place.

Thanks in advance,

Kyle.T

Someone with a gambling problem and that's manic depressive should not be asking for loans, that's just asking to be scammed. Go do some work in the community or do small trades, or better yet go actually get a job, find one on craigslist or post fliers on those boards outside of stores and businesses and instead of begging people for money you will actually have it within a few days.

If you are comparing me to those people then I am appalled.

Regardless of invested amount I am going through with my KLYEMINED project.
I'm starting my own mining operation, And if you would like to have a piece of the pie, feel free to buy some share.
But for the love of god, Do not call me a friggin' scammer. That is slander.
These funds aren't going to be gambled, They are going to be used to improve on what I feel is a better mining share plan then any I have seen yet.
Start is going to be slow, But once the mine gets phase one hashing and dividends start rolling out maybe people will see I'm not out to steal their gold. People have already bought shares, Meaning I am obligated to pay them the dividends promised in the terms provided.
Again, If you wish to get in on this then great! If not please for the love of the BitGod leave me alone and stop spreading FUD.
And for the record my post count and trust rating is higher then yours... cmon man.. :/

Thank you in advance.

Kyle.T

If you haven't learned by now, you should just send your bitcoins Kyle so then you will know.

- Pirateat40
- Coinabul
- BFL Labs
- Every person with a gambling problem

And those are just the people who've stolen  up to $1,000,000's from "loans or "promised goods". I don't even want to start on anything from the $10,000s down. If you're going to loan BTC, or anything for that matter, expect not to get it back unless you know where the guy lives, have proof of the transaction, and have him ID'd, and even then the police will probably not pursue some bullshit claim they think is magical coins. There's more and more scammers coming here lately, and if people are still handing out loans like they use to, expect more people to be scammed. KLYEMINED maybe you should try to build trust in the community and not be shady for awhile and then ask for a loan, start by doing small trades and work your way up. The more trust you have the easier it is to get a loan. I would rather loan $100 to a guy who helps out the community and contributes something to it than a lazy bum that just walks up and asks for $100.

*smirks* Haters gonna hate..

Oh hell, this is the same guy? /ignore

People's funds are far safer in my hands then in lets say BFL's or MP's. I view this as an attack KoS. Simply because you are calling me out as some type of nut job. You've seen some bad days from me, I give you that. But at the end of the day you'd think you'd offer a helping hand instead of trying to get kicks in when I'm down. Poor show man. :/

(Ok, Maybe that was a cheap shot at MP, I believe he is a trustworthy person.. Maybe a bit of a troll but trustworthy)

I'm doing this to allow people to partner up with me on my upcoming mining en-devour. I Offered 10000 shares to the public. Private shares are in play as well. I'm not planning to give my share of this project out unless need be.

This is not an attack on you Klye, you are asking to hold/use others' monies, thus I take a stand against potential situations where peoples' funds might not be safe.

I take note of your opinion KoS, But I'm not going to jump off a bridge anytime soon. I'm getting a mine set up and things in place to make things happen. I have to talk it over with Dooglus but I plan to have him on a "Dead man switch" so to speak. So if something were to happen to me all the investors funds and the equipment would be put in his hands. You may not think much of me, that's fine. But I'm in no rush to leave this planet nor leave people high and dry if anything terrible were to happen to me. I'll be posting my personal information shortly so anyone considering investing in this project has access to it. I'll kindly ask you to stop your FUD campaign now sir. Maybe go make a bet on my behalf or something. This isn't really healthy for either of us to play this childish attack game you've seemed to call me in to.

so you are just doing for altruistic reasons? You don't get anything from it?

Electricity is free where I live, It was a huge determining factor in starting mining.
I was getting miners anyways. And I figured if folks wanted to buy into my mining operation this was the way to do it.

Okay, so you have manic depression. Do you really think with such a case you are in the position to be holding peoples' coins for a long period of time? You just said you do have horrible days sometimes, well you were pretty close to killing yourself the last one you had. What if you killed yourself or hurt yourself that ended you in the hospital? No one would get their funds back since you're dead or be left waiting for awhile to be able to withdraw. Do you think its responsible or smart for anyone to take that risk that you go missing or just stop communicating? No its not. Investing after considering in the volatility and success of one company/idea is one thing, having to include the risk of someone's mental health is another thing. Thus, in my opinion you should not be handling an IPO at this time Klye.

Please stop with the immature remarks such as "hate boner" or other comments, this does not help your credibility. I have said my thoughts and good luck, however I would advise others to not invest. This is my stance.

Not going to lie, I sold off all my activemining 2 days ago. The november wait was a little long for me and the coins could have been used better elsewhere..

I didn't realize there was a reason not to trust me. Make you a deal, You and KoS can go over to another thread and say nasty things about me. And I'll stay here and start my mining project up.

Well, lets throw it all on the table now then shall we? I suffer from manic depression.. And sometimes I have bad days. Thanks for calling it to everyone's attention that I get a bit overly sad at things sometimes. Pretty sure everyone has had those days where they think throwing themselves under a bus might be a good thing. But at the end of the day we are still here aren't we? You're crying about nothing in reality KoS. I like to roll the dice sometimes and every so often I have a bad day. But to accuse me the way you do is unjust. And frankly makes you look like a dick.

What will you get from this? Some percentage of shares, or a fee? Also, what about electricity costs?

Not sure what you are getting at then?
I think KoS has a hate boner for me or something. Guy is always yelling nasty things.

The mine is set to come online late this month / early next month. That is when the backbone becomes available.

Nothing like a little Activemining vs Labcoin competition in good fun?

Just don't get your hopes up too much. They do reject a lot of IPO's.

Another alternative is to-do the IPO here and prove your "Klyemined" and then request a IPO at a later date on BTCT with maybe a second round released. (This would also allow previous shareholders to trade their original shares on the exchage)

But you may need to prove you can mine and pay a dividend first.

All IPOs are available to be critiqued. I have been heavily critiquing a couple investments and also positively commenting on some as well. One I've been negative on its evaluation as of late is casinobitco.in, I comment on many investments. All I have done is critique and offer true thoughts on it. People should know about you wanting to kill yourself after you lost a week or two back. Nothing I have said is not true or slander. If anyone has any questions about someone claiming I scammed please do not hesitate to contact me. All of those who accused me have been proven a scammer if you look into their own accounts.

Thanks sir! I couldn't figure out how to get an IPO made!
I'll look into this!

Quit spreading FUD KoS. You are an untrustworthy over opinionated dickwad.

I'm not gambling here. I'm mining, two different things my "friend".

Look at KoS feedback and trust before you even consider a word of what he says to be even remotely true.
Guy is a low life scammer.

With that said I do enjoy gambling, But these funds and this project are not connected to gambling in any way.

Klye you have a gambling problem. Whenever people have given you a BTC or two for your "projects" you end up gambling them on Just-Dice. You need to get your shit together with gambling before you consider putting peoples' monies at risk as well.

Just fyi people, hes lost about 5 or 6 BTC from just-dice and made comments he wanted to kill himself on a couple occasions. Imo he is not mentally fit to handle a long-term investment project.

Good luck Klye.

Why not create a btct asset?
https://btct.co/create

"Phase 1": The first mining hardware is going to be purchased by myself out of pocket at a cost of under 1BTC and produce a small but impressive 3 GH/s!! This ratio of <1BTC per 3GH/s is achieved through my partnership with BarnTech and  makes use of his custom designed Bitfury powered DrillBit USB (DBT) hashing at ~2.7GH/s. The HIVE.MINER mine will also feature his Bitfury powered DrillBit 8 (DB8) mining system hashing at ~21.6GH/s once the mine progresses onwards into "phase 2" and beyond.

The launch of "phase 1" of this project will be powered initailly by a Drillbit Thumb USB (~2.7GH/s) hashing along side a single AsicMiner BE USB (~334MH/s), This will give the initial "phase 1" mine 3GH/s. This is assuming only %0-%25 of the shares are bought. to bring in a 21.6GH/s DB8 mining system for the "phase 1" launch. I know that this isn't a *huge* amount of hashpower.. But "phase 1" is set to generate just over 0.42BTC its first month given that when deployed the network difficulty will be over 105 Million by my estimates. Regardless of phase 1 starting at 3GH/s or 21.6GH/s I have great hope for this project!

Having worked with BarnTech, I've received a very fair discount on his mining equipment. This gives us a slight edge to get ROI faster! And what a faster ROI means is that the mine will be able to add hashing power quiet quickly in the upcoming phases after the "phase 1" launch!
Being able to purchase a ~2.7GH/s miner at a cost of 0.60BTC and given the ~334MH/s hashing power of the AsicMiner BE at a price around 0.13BTC that puts us at a total of ~0.73BTC per ~3GH/s. The remaining 0.27BTC will be put towards shipping costs. Anything left over shall be put into the profit pool. In the event BarnTech cannot supply me the miners at this price I will pay the extra out of my own pocket to insure the smooth running and ramp up of this mine. The DrillBit Systems are shipped from Australia.. and needless to say it's not cheap to have them shipped half way across the planet. Alternatively if the shareholders rally and purchase all remaining shares before Barntech ships the first DrillBit USB, I will be bringing in 3x21.6GH/s Drillbit 8 boards(DB8) to add to the hashpower / dividend making in phase 1!

(If all shares are bought before BarnTech is ready to ship the first Drillbit USB outlined in "phase 1", the "phase 1" could start at ~74GH/S with 3x DB8 miining systems!)

The DrillBit USB's (DBT) and Drillbit 8 (DB8) boards are in production now and the final coding is being finished as I write this. The prototypes have been populated and everything seems to be good, Just waiting on the guy responsible for programming to finalize his code. It's been said by BarnTech that these units should be in hand before the end of this month, giving a small advantage over the network difficulty increases that are surely coming.

This initial 3GH/s of hashing power is estimated to make ~.45 BTC the first month (*OR* if all the shares are sold before "phase 1" hardware is finished up and shipped, we stand to mine ~4.13BTC) given the estimated difficulty rating of the Bitcoin network at launch (Estimating at around 105 Million network difficulty). Of course we all know the difficulty will rise at least 20% per a difficulty change. So if we factor in lets say 25% difficulty rise the initial 3GH/s mine will ROI in roughly 2 months or perhaps less. After that it will start printing Bitcoin profit at a relatively steady rate, which will be used to pay dividends to share holders more quickly and invest in more DB8's.

The mine shall be hosted in my apartment unless a better place can be found, I do not pay for electricity nor internet so the cost of hosting the mine is absolutely zero to me and any potential investors. This means more profit and higher dividends / quicker payouts for all involved with the project. All hardware will be in an air conditioned space with a fan providing airflow. As someone with an electronics background I can tell you first hand heat is a huge enemy of technology. I've already got a laptop waiting to host the mining hardware. Powered USB hubs will be purchased if needed but for the initial mine it will not be necessary. (nor will they be needed if the mine goes full on DB8 21.6GH/s systems)

Profit pool: In order to stay on top of the difficulty rate I am proposing initially that 30% of the Bitcoin mined by HIVE.MINER go back into hardware in order to grow the mine to battle the rising network difficulty, Not only will this insure the mine stays profitable, But will also make dividends / payouts grow greatly with time. The faster we can build up this mine the more profitable it will be for all shareholders.  Most mining shares seem to have dividends /payouts that go down the longer you hold the share, the intention behind the the design of HIVE.MINER is to ensure the opposite happens. In theory every ~2 months the Hashrate of the HIVE.MINER project should double, drowning any worries of dividends becoming weak. The remaining 70% of the Bitcoin mined shall go to the shareholders as dividends tallied daily.

After some months the mine should eventually hit "critical hash" where it is able to pay for its upgrades in 2-3 weeks of mining. At this point the HIVE.MINER project will start to pay out 90% of Bitcoin mined to shareholders because it will only need 10% of Bitcoin mined by it for upgrades to compete with the difficulty rising. The goal is to eventually grow the mine to the point where it no longer needs 10% of the BTC mined for upgrades to compete with the difficulty level increases. At which point in time 95% of the Bitcoin mined will be paid out to shareholders. The remaining 5% will be used for repair and maintenance of the mine and its hardware.

The first step of this plan is already put in motion by me! The 3GH/s HIVE.MINER "phase 1" project should be up and running in the first few weeks of October if not earlier. I have received the AsicMiner Block Erupter (333MH/s) in the mail and it is hashing away happily!


Initial hashrate will be 3GH/s at a cost of <1BTC to myself. This will be doubled / tripled / quadrupled etc etc as shares are bought! Whenever the amount of shares bought equals the purchase price of the 21.6GH/s DB8 mining system one will be bought and brought online.

I was thinking to purchase ~2.7GH/s DBT to make up the majority of miners.. but after crunching some numbers and talking to BarnTech we've decided that the most profitable route is to go with the DB8 systems hashing at ~21.6GH/s a piece.


Shares:

I will work on a BTCT.CO IPO once 25000 shares have been bought and held for 1 day.

HIVE.MINER will be offering 100000 public shares @ 0.0001BTC per a share.
The mine itself will consist of 100000 private shares.

*IF* majority shareholders see it fit to put the private shares up for sale, then 3/5ths of the top 5 shareholders will have to agree to make them available. Initially I was going to have full control over selling these shares, But decided to allow the top 5 shareholders vote and decide!

Shares sold: 1704 out of 100000

Shares may be traded/sold with other users, But must be done so in a public manner on this post (And later on BTCT.CO once I have it set up) so dividends are paid to holders in proper amounts.

Any and all share trading *can* be done on this thread. Please also PM me your traded amount so I can keep it for my books.

The HIVE.MINER venture reserves the right to buy back any amount of these shares at fair market price at any time.
In the case it is decided that the HIVE.MINER venture is to buy back shares, Both the HIVE.MINER President (KLYE) and Vice President (Tom)

Also, anyone holding 51% or more of the 100000 available public shares will have say in direct say in dividend payout percentage / future technology investments and be personally appointed by me (KLYE) "Vice President of HIVE.MINER"!

Shares can be purchased @ 0.0001BTC a share here: 1MiNEZrBQ1Uo4dWQ3WZhbDgaZHiEYp6JPd

Please PM me TXID *or* post it in the pages below so I can keep tally of who has bought what in my books.

Dividends will start being paid the first day the 3GH/s is online. Although buying shares now entitles you to your share's worth of the AsicMiner Block Erupter's daily mining profit. But this will not be paid out until the first step of the HIVE.MINER project is online and hashing.

Also, I have asked bitcointalk.org user "Dooglus" if he would act as a sort of "dead man switch" and take care of assets if I for some reason am unable to perform my duties, and or are killed / sick / crippled. He has promised he will take care of things should something happen to myself.

Hopefully we can get "phase 1" shipped and hashing by mid October or early November 2013.
I'm excited to develop this project and to help it evolve and flourish! Thank you for your interest in HIVE.MINER!


Equipment online:
1 X AsicMiner Block Eruptor

Current HIVE.MINER hashrate: 335.5MH/s producing roughly ~0.0025BTC / 24 hours.

Cheers to everyone!
Happy Hashing,

HIVE.MINER President

KLYE