MiningSweden Pictures, Videos and Banners

Phildo

legendary

Activity: 1526

Merit: 1000

Quote from: johnyj on May 29, 2015, 06:52:37 AM

Very risky business for miningsweden. In 6 months there will be much more efficient miner entering the market, which will immediately push existing 28nm miners into negative return. In bitcoin mining, if you can not get ROI in 6 months, you will never ROI. When the electricity cost becomes higher than the mining income, the miner will become a paper weight

It's not risky business for them because they get other people to give them cash up front for the miners so they lose all the risk.

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

Very risky business for miningsweden. In 6 months there will be much more efficient miner entering the market, which will immediately push existing 28nm miners into negative return. In bitcoin mining, if you can not get ROI in 6 months, you will never ROI. When the electricity cost becomes higher than the mining income, the miner will become a paper weight

cryptojumper

full member

Activity: 154

Merit: 100

That's at least something if they really buy some miners.., most of cloudmining operations doesn't even bother to buy any hardware at all these days Grin

They have to start somewhere I guess.. Props for them for posting pictures and stuff, I'm still fine with my Hashnest investments, don't care for anything else Tongue

Sine(X)

member

Activity: 118

Merit: 10

What is maintenance (i.e. $/kwh)?

Phildo

legendary

Activity: 1526

Merit: 1000

Quote from: coolcoinz on May 20, 2015, 07:37:09 AM

Quote from: Phildo on May 20, 2015, 06:52:23 AM

Why do they need help selling?

How can payouts start an hour after I purchse if they don't have all the hardware? Seems like something that would apply to a ponzi, not a legitimate mining operation.

Maybe they need to manually activate your account or what's more likely their software calculate the profit once per hour and update the client accounts.

That's definitely what's happening and that doesn't seem like a legitimate mining operation to me. If they are using customer money to buy hardware, they can't pay in an hour because they don't have hardware. If they are using hardware they already own, how do they earn (and therefore payout) so consistently?

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: Phildo on May 20, 2015, 06:52:23 AM

Why do they need help selling?

How can payouts start an hour after I purchse if they don't have all the hardware? Seems like something that would apply to a ponzi, not a legitimate mining operation.

Maybe they need to manually activate your account or what's more likely their software calculate the profit once per hour and update the client accounts.

Phildo

legendary

Activity: 1526

Merit: 1000

Why do they need help selling?

How can payouts start an hour after I purchse if they don't have all the hardware? Seems like something that would apply to a ponzi, not a legitimate mining operation.

yangongear

full member

Activity: 447

Merit: 100

Quote from: Phildo on May 19, 2015, 04:37:10 PM

Quote from: yangongear on May 19, 2015, 01:02:32 PM

Quote from: Phildo on May 19, 2015, 12:55:24 PM

VIP shares sounds an awufl like a security to me, will you run into any issues with that?

do you already have 1 PH? Are we buying shares of that or shares of stuff you will be ordering to increase the farm?

What is there an official reseller when there is no actual product being shipped?

First question is forwarded to Tommy @miningsweden.
At this moment miningsweden has not 1PH, Tommy is ordering to increase the farm.
Reseller need a product shipped?

Assistance with shipping is one of the only reasons i can think of to need a reseller. i cannot come up with one for a situation like this.

How does the reseller operation benefit the three parties involved (me, them, you)? Why would I buy from you when I can buy from them? What do they get from letting you resell "shares?" Margins in mining are very thin (if they exist at all), how is there enough for all 3 of us to benefit?

If I buy a share is it a share of currently owned hardware or do I need to wait for it to be bought/shipped before I start earning?

My assistance is help miningsweden with selling.
I hold also VIP shares and when miningsweden grow up, I will get my earnings at end of the Year, from the VIP 25% Company profit. :-)

When you buy shares earnings starts, payout every hour. No need to wait for shipping.
here can you get cheap shares when you are lucky bidder
look at the auctions:

https://www.shopbidsell.com/other-items/gotram/26
or
https://cryptothrift.com/advanced-search/?username=gotram

cryptojumper

full member

Activity: 154

Merit: 100

Quote from: anderl on May 19, 2015, 08:40:07 PM

all the transparency still over priced.

I guess it's the price you pay to be legal Tongue

All the super roi offering companies are just ponzi or scams (both most likely). And you can find the middle by just buying from manufacturers like Hashnest (BITMAIN). Problem solved.
This reminds me of genesis-mining a bit with their terrible roi, but much publicity..

anderl

hero member

Activity: 714

Merit: 500

all the transparency still over priced.

Phildo

legendary

Activity: 1526

Merit: 1000

Quote from: yangongear on May 19, 2015, 01:02:32 PM

Quote from: Phildo on May 19, 2015, 12:55:24 PM

VIP shares sounds an awufl like a security to me, will you run into any issues with that?

do you already have 1 PH? Are we buying shares of that or shares of stuff you will be ordering to increase the farm?

What is there an official reseller when there is no actual product being shipped?

First question is forwarded to Tommy @miningsweden.
At this moment miningsweden has not 1PH, Tommy is ordering to increase the farm.
Reseller need a product shipped?

Assistance with shipping is one of the only reasons i can think of to need a reseller. i cannot come up with one for a situation like this.

How does the reseller operation benefit the three parties involved (me, them, you)? Why would I buy from you when I can buy from them? What do they get from letting you resell "shares?" Margins in mining are very thin (if they exist at all), how is there enough for all 3 of us to benefit?

If I buy a share is it a share of currently owned hardware or do I need to wait for it to be bought/shipped before I start earning?

miaviator

donator

Activity: 686

Merit: 519

It's for the children!

Quote from: yangongear on May 19, 2015, 12:46:17 PM

Quote from: miaviator on May 17, 2015, 02:34:06 PM

So this operation is a Garza Production?

MiningSweden is located in Sweden and not in Dubai. ;-)

OK. Props for that answer. Thank you.

yangongear

full member

Activity: 447

Merit: 100

Quote from: ?? on ??

Quote from: yangongear on May 19, 2015, 12:53:13 PM

Iam not a duck. Tongue

You need a comedy series.....

Feel free to make one.

yangongear

full member

Activity: 447

Merit: 100

Quote from: Phildo on May 19, 2015, 12:55:24 PM

VIP shares sounds an awufl like a security to me, will you run into any issues with that?

do you already have 1 PH? Are we buying shares of that or shares of stuff you will be ordering to increase the farm?

What is there an official reseller when there is no actual product being shipped?

First question is forwarded to Tommy @miningsweden.
At this moment miningsweden has not 1PH, Tommy is ordering to increase the farm.
Reseller need a product shipped?

Phildo

legendary

Activity: 1526

Merit: 1000

VIP shares sounds an awufl like a security to me, will you run into any issues with that?

do you already have 1 PH? Are we buying shares of that or shares of stuff you will be ordering to increase the farm?

What is there an official reseller when there is no actual product being shipped?

yangongear

full member

Activity: 447

Merit: 100

Quote from: I_IZ_CEO on May 17, 2015, 10:46:59 PM

I wouldn't go near this with miaviator's pole. Shocked

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

Iam not a duck. Tongue

yangongear

full member

Activity: 447

Merit: 100

Quote from: miaviator on May 17, 2015, 03:37:39 PM

Quote from: salmion on May 17, 2015, 03:25:06 PM

Quote from: miaviator on May 17, 2015, 02:34:06 PM

So this operation is a Garza Production?

Seen it posted in other forums. I'd be surprised if this was a garzashitduction - lacks the sugary fake promises.

https://www.miningsweden.se/

Quote

Mining Sweden does not intend on making promises it cannot deliver.
However, we cannot do this without your initial help. We need to be
able to purchase 1 PH worth of mining equipment. After this is
successful, we will start to fulfill our promises.

You will be able to purchase “VIP shares (TM)” which gives you 5
GH of SHA-256 algorithm mining power and a share in the company’s
profits. 25% of the profit will be distributed proportionately
amongst holders of the limited stock of 100,000 “VIP shares (TM).”

The 25% includes profit from all the other services we will offer.

Join us on our venture and be a part of community-built business.
Don’t forget to buy your “VIP shares (TM)” today!

Are these lifetime contracts or limited time?

What is the cost basis for maintenance and administrative overhead?

VIP part which giveout 25% are lifetime.
Shares are also for lifetime, but after one Year you have 2 alternative options to
chose:
1. Keep the hashrate at current hardware and pay for electricity for
another year.
2. Upgrade to newer hardware at a discount, which then would have
again all costs included for the upcoming year.

yangongear

full member

Activity: 447

Merit: 100

Quote from: miaviator on May 17, 2015, 02:34:06 PM

So this operation is a Garza Production?

MiningSweden is located in Sweden and not in Dubai. ;-)

jdebunt

legendary

Activity: 1596

Merit: 1010

Quote from: I_IZ_CEO on May 17, 2015, 10:46:59 PM

I wouldn't go near this with miaviator's pole. Shocked

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

I genuinely think people are seeing too many ducks around these days

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: I_IZ_CEO on May 17, 2015, 10:46:59 PM

I wouldn't go near this with miaviator's pole. Shocked

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

Nah, I think they re legit, just small scale and do not have all the info.

For example, they are not even 1 year old so they do not know what s 25% company profit going to look like for these VIP shares.

Topic: MiningSweden Pictures, Videos and Banners (Read 1670 times)