Topic: SkepsiDyne Integrated Node - The Bitcoin Mining Company - page 14. (Read 104277 times)

Cool.  Glad to hear someone is trying for justice! 

So just to keep everyone informed, I own a good portion of the shares of SIN and for a good while too. I have sent out multiple request to Twsix or whatever his name is regarding a restructure plane, buyout plan, absorbtion plan and no response ever.
My last attemps at communication have been both from this fourm and email with the email attempts bounching back as failure to deliver. The contets of the last message outlined the laws broken including USC codes for illigal securities, securities fraud. Federal law regarding wire fraud and investor fraud, and California state codes regarding the same as the federal laws violated. If he does not contact and or restore service within 7 days (11/2 was the date of transmision) that I will take this to that level.
I have contacted the Legal@ email for his ISP after speaking with them over the phone on the matter and am in the middle of compiling all information on this fraud.
I will have more details when I can sit and write. I am in the middle of a move right now and things are still packed including my office.

They're trustworthy if they're actually registered as a business and give you the business information.  Otherwise, no.

Done with this crap.
DNS is registered in Marina Del Ray. Thats less than 5 min away. Im going to drive.

I was really thinking SIN would be a great alternative to actually buying cards, I was going to invest in them but now im not sure if any of these type of company are really trustworthy.

I have to pay my electric bill for my bitcoins too!

I'm not saying it's an ideal solution; I'm saying that, at the moment and given the circumstances, it's the only option I see. If you have a better way, I'm all ears. Odds are, that fucker Tawsix is reading this on some other account and laughing his ass off. I think we should e.g. contact forum admins, get his IP and any other info we can, contact Nefario to make sure he didn't leave any BTC in the GLBSE account or maybe if we could retrieve some of his addresses he sent money to from there (and thus conclude that he IS act or using those addresses and a scammer). I mean, this is THOUSANDS of dollars we're talking about here; just because it's over the internet doesn't mean we can't try to hold him accountable.

So your method of scammer problem solving is to scare them into doing something...LOL...after you "got some of their info"...

Let's see how far you get with that.

We need to try and spur some interest back in this, I don't want my investment to go to waste. Maybe if we got some of his info Tawsix might be scared into doing something - that's how you deal with scammers, after all...

Ya think?

Tawsiz hasn't anything in what, a month? More? It's become clear he is a SCAMMER.

Are electric bills monthly... or? Whatever time period is used, exactly which ones's bill are we waiting for?

It appears to me that in a pure market like this, the most wisest strategy is creating a hedge fund with a bounty contract on the head of the CEO. In the event of failure to execute, execution is made, or disbursements of hardware are done. Theft makes for death but giving the CEO a way to back out of a failed business via liquidation of assets and the hedge appears reasonable. IIRC, this is how the Pinkerton's began and how mining contracts were handled, in ye ole west. Auction houses.... etc.

I am cynical because this is information that he should have provided right from the start, and it is information that is not difficult to acquire/generate.  Basically, there is no legitimate reason he could possibly have to withhold this information.  Thus, I must make the assumption that there is some illegitimate reason he is withholding the information.

I just want some answers to the questions that people have been asking all along, that's all.

I'm sorry our methods of conflict resolution do not jive.  But that's not my problem, and I'm not going to leave this thread just because you told me to.

1. I've already asked for
2. He has already given that information earlier in this thread
3. Basically same as 1.
4. Yeah, we could use that info

He has refused to supply this information in the past, probably because he thought that he was running his rigs in some special (proprietary, shush shush) way.

He doesn't have much choice now, and if we decide to continue mining, he knows that he cannot continue to run Skepsidyne as he has, or he will constantly berated by people like you. Which isn't very good for the image of SIN.

I am tired of
1. The lack of information Tawsix has given us
2. The cynicism coming for people like you

You're not helping, so please kindly... GTFO

How about:
- Rig specs
- Electric rate (including various tiers)
- Listing of all equipment purchased
- Listing of any equipment needing RMA



How come Tawsix refuses to provide any of this information?  It's because he has something to hide...

Electric Bill is a key variable in his calculations. We are waiting for said variable.

Tawsix, SHOW US SOME CALCULATIONS already!  How many times have we asked for specifics, yet you only give a vague "it's not profitable right now" response?

On a note that may only matter if we get back to mining. I am really liking the documentation of ANN (another BTC mining company traded on GLBSE) https://bitcointalksearch.org/topic/closingmining-company-closing-with-33-ghashs-jlp-bmd-46693. The reason that he may be able to have more documentation on current things is because the mining operation is legally a part of business he already has set up.

In the event that the we resume mining, I believe that better/more documentation will help your image and the image of SIN as a whole. I have grown quite tired of the plummeting share price and the constant criticism of how you operate SIN.

In the event of liquidation I want to know exactly what is being sold for what price. Not necessarily the price of each item sold, especially in the case that an entity, like Shades Minoco, were to buy the GPUs for a lump sum.

Either way, I would like to know what hardware we actually have.
I honestly don't know where I got 8.4-8.6 USD from, must have been a typo, or a delusion.

Time, and low electricity costs.


Until the next electric bill comes, I can't be certain, as many factors make precise estimation of the bill almost impossible, as well as the fact that we were operating at somewhat of a loss for a short period, but I think it may be close.


Very true.  I cannot say what the return will be in that case, as many people bought in at many different prices, and their investments were not always sold at prices close to that of the time when they invested the BTC.


Once again, I can not give an exact figure at this time, as the next electric bill has not yet been received.  It will be soon, however, and then I can give an account of that.  I would like to say that we have no funds held in BTC at the moment, what extra we have is held in USD.


The price was actually around 3,90 USD when I made that post, and it has continued to fall.  This of course will push down difficulty as more people drop out, but at the time it would have been marginally profitable, probably only being in the black by a few bitcents.  I am anxious to see where the difficulty and price goes from here.


Basically I look at what our operating costs have typically been, then I check that against the current price of BTC and the current difficulty as well as what little forecasting can be done with the BTC economy and then make the call.  As a rule, if each share that gets paid receives less than .005 BTC, I start considering it marginally profitable, and if it continues I see no reason to continue.  Once again, some time during this week I will be able give an accurate account of how much money we have in reserve.  That $600 is a high estimate, as the market for GPUs (which is basically what it would be paying for) has come down quite a bit.  That number is a worst case scenario at worst, my pessimistic side at best.  I understand your request for an account of my compensation, and I will do my best to provide it as soon as possible.


I will send you an email this week and we can discuss plans in the event of liquidation of SIN.  Thank you for your interest.

Given who you are, i'd say you have the Facility, Hardware, and Experience, and are hoping to sell some . (selling exp is bad, that's boosting  )
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I will give this as an open invitation to Tawsix and the members of SIN, give me a call on the SDM business line during 9am-9pm 7days a week @ 1-310-982-6597. I will be available handling papers all day tomorrow and  some small things around the office.
Otherwise I can be reached here or via email @ [email protected] or via Skype at Andrew_Nollan.
Let get this mess cleaned up.