Title: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on September 19, 2013, 04:16:20 PM This Group Buy is presented by a DyslexicZombei Vetted Group Buy Coordinator (https://bitcointalk.org/index.php?topic=337342.msg3633661#msg3633661) and The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) Current HPC (Hardware Purchase Cycle) Type: Standard Group Buy (http://solarwindmining.com/accountsforum/index.php?board=5.0) 1 Neptune KnCMiner (3 TH/s) FREE HOSTING + 10% Credit towards the next GB Total Full Contract Positions Miner Purchased Contract Pricing Full Contract Position $160 per 30 GH/s Partial Contract Position $5.45 per GH/s The SolarWind Mining Company is proud to announce that we are offering contracts for the *NEW* 3TH/s Neptune KnCMiner. I am offering FREE HOSTING for the first GB AND a 10% Credit towards the purchase of any following GB! #KN-R001, 3TH/s Neptune KnCMiner - FREE HOSTING FOR THIS GB! (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) http://www.solarwindmining.com/shop/image/cache/data/5422_big-300x300-500x500.jpg The Details for GB #KN-R001,
The Facilities The miner will be hosted at a secure, trusted and popular electronics repair business owned by a business partner. There are techs available onsite to attend to the mining rigs when needed. The facility houses servers and computer related equipment and has high speed internet connections at its disposal, the facility also has the proper cooling equipment and all of the needed infrastructure is present onsite. About Me I am a DyslexicZombei vetted GBC (https://bitcointalk.org/index.php?topic=337342.msg3633661#msg3633661). I am studying for a degree in Computer Engineering. I have been working many weeks on building this company without pay and without guarantee of success because I believe in the idea of what bitcoin stands for, I am a true believer. I have a total of 11 investors who have, with one exception, invested less than 0.6 BTC each. It doesn't sound like much but I have been able to insure that each one of them will receive at least twice their investment within the next few months. The company will be generating a profit of at least $100 dollars a day in about 60 days from now and that will be scalable to approximately $500 a day or more. All of this has been done with only an investment of ~6.5 BTC@$345 in total. Here is a link to a spreadsheet that shows the schedule of how the income is predicted to increase within the next 60-days for these investors. Spreadsheet (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdExQVlJRa1kwTkwycFNKeWlhUHJ0akE&output=html) You can purchase your contracts here #KN-R001, [1 Contract] Neptune KnCMiner (20nm) (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) Thanks, James -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.21 (MingW32) iQEcBAABAgAGBQJSitqJAAoJEM/8EdSovJ+Hwu8IAI+eBCZTHDFsEorsvBEANx/6 pYAlWNfLHBnTtMnZoQG2SaSUq0+kFgcQrQaqcooMVlVmzB3e7S5KWim979rPGA/W 8t865veR+PBjazmz+dMy+H5W5DsagHacN1G7d5mvtvek92QInHHFBI15Y7K9s3B6 ihMQLVIT/OVkTquMSXSZ3PjoKXiC6UjHFmNmJjVrJPEbBm1iLWF0NhW04Rc/jXiM 9VySguhjkKTt6eJa9ApKPThH7ANG9gfz4PW5c1IrQlR/Vx36B5CbH+Ogf4fkXnH7 KTETd5ALZXaH/QPYMi5Niy0bNj2tdb1m6UOKnsBDQMxfgfTJFt2TM0caaGaSXoE= =V0Qd Hi, This signed message is to confirm that user SolarWindMiningCompany has contacted me, Dyslexic Zombei (DZ), for free vetting services. While I am not an ID expert, I do have a background in Information Security. While my services are free, they are the most stringent vetting requirements that I am aware of for this forum. I can confirm that I have what appears to be this user's ID and address on record, and that he appears to be a well intentioned Group Buy Coordinator. Cheers, DZ -----END PGP SIGNATURE----- DZ Miners Cooperative: 19.8 TH/s+ ordered (http://www.dzminercoop.com/) The total Share Count may change due to the volatility of the exchange rate for BTC *SolarWind BitShares are not associated with the 'BitShares P2P trading platform (http://www.coindesk.com/bitshares-p2p-trading-platform-to-offer-dividends-on-bitcoins/) *Hardware Purchase Cycle (HPC) - The buy-in period preceding the purchase of specific hardware. ~ About Us ~ The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) is designed to be an eco-friendly Bitcoin Mining Farm. The intention is to create a large scale hashing platform dedicated to mining bitcoins and creating a stable bitcoin community. The company will start off by installing a series of bitcoin mining rigs with an initial goal of 100 TH/S worth of mining power. A primary goal of The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) is to phase in the use of solar and wind power, among multiple other sources of low cost energy, to reduce electrical expenses (an important factor that effects bitcoin mining profitability.) Initially, these low cost energy methods will be interspersed with grid fed power to lower the cost of operations and producing the most profit. It is a goal of The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) to eliminate the use of electricity off of the grid to any extent possible, if not entirely. SolarWind will use multiple methods to save energy as well (e.g. Waste heat generated from the operation of mining hardware will be recycled, creating another source of electricity, or, as a heating source for hot water and the offices at the mining facility during colder weather.) Primary operations will be set up in an area of Kansas that, for the majority of the year, has an abundance of wind and sunshine. SolarWind will utilize the wind and sunshine to operate wind turbine generators and solar panels to minimize electrical costs. Hashing power increases will be implemented as necessary to generate further income and to insure that SolarWind is able to fulfill its commitments to the Shareholders. Mission Statement: At The SolarWind Mining Company (http://solarwindmining.com/accountsforum/), we want to create a stable hub of Bitcoin mining, increase network stability, and generate revenue from mining for investors. Company Goals and Objectives: Our goals as a company include creating a profitable, stable mining node that leads in hashing power, giving the best returns on investments, to expand to include multiple mining locations, and to be a leader in the distribution of knowledge related to Bitcoin. Objectives include doubling of initial investments, increases in hashing power, and holding annual Bitcoin rallies at college campuses and other large venues. Our philosophy is that Bitcoin will be the forerunner of all digital currencies and is the natural evolution of currency. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 19, 2013, 04:23:42 PM Many of you have asked when the website will be up. Well, its not quite ready. Since so many are curious to see the website (especially since I indicated that it was going to be absolutely Awesome!), I thought I would give you all a sneak peak at what to expect. I have been working on creating the company logo. I was not satisfied by many of the cut and paste style logos that I had found across the web, they just didn't do justice to my vision of how I want the public face of SolarWind to look. So, being not to bad at art, I decided to use my tablet PC, styles and the latest version of MyPaint to make my own from scratch. So here is a look at the not yet finished product. Hope you like it, and I hope it gets you excited about seeing the website when its ready.
https://lh4.googleusercontent.com/-Ak03PjEq57k/UkNijSXvWcI/AAAAAAAAAEA/wJPBGsTLCoQ/w426-h637/logo.0.png Work in progress: The SolarWind Mining Company Logo Cointerra Preorder Receipts https://lh3.googleusercontent.com/-4n72wMdJN-A/UkUOg3j7B1I/AAAAAAAAAFE/RBPHFa8093E/w485-h889-no/Cointerra.order.comfirmation.PNG With Bitcoins exchange value being even higher than yesterday, these miners are looking better and better! We should take advantage of Bitcoins current price before it falls below $400/BTC. Images Of Initial Location For Mining Operation https://lh3.googleusercontent.com/-FbuGZZwsLkc/UkX5JNNB0bI/AAAAAAAAAHM/a1gVEFFeaVM/w426-h467/location.png Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: dawo5010 on September 20, 2013, 01:15:10 AM For a guide on mining for shares, please visit the following link:
Click here for a step by step guide on how to start mining for shares (http://solarwindmining.com/accountsforum/index.php?topic=3.0) Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: rigel on September 20, 2013, 04:18:47 AM Hi SolarWindMiningCompany
when will the site be online ? Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: kokojie on September 20, 2013, 04:26:47 AM reserved
Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 20, 2013, 05:35:32 AM - Reserved -
Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 20, 2013, 05:44:37 AM Hi SolarWindMiningCompany when will the site be online ? I had someone working on the website, but they had other obligations and is not able to finish. I could build the website myself but I am short on time and some aspects of the site would require a steep learning curve. BRADLEYPLOOF and I are both working on getting someone else to get the site back on track. Will keep you updated, and again, I really appreciate the support you guys have been giving us. Thanks! Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 20, 2013, 09:41:41 AM We have five partners who have started mining for their shares, thanks guy's! I would announce your UserIDs but to protect your privacy I'll let you do it if you want to,
GO TEAM!!! Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: dawo5010 on September 20, 2013, 10:07:43 AM We have five partners who have started mining for their shares, thanks guy's! I would announce your UserIDs but to protect your privacy I'll let you do it if you want to, GO TEAM!!! Haha I run 13.3GH/s of it :P My block erupter blade won't ROI otherwise. I'm trusting you to bring this to a success :) It would really be good if you could take some time away from preparing everything you need, to giving some details of your work, and what you're doing, so we can gain confidence in this! Otherwise, keep the great work up! Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: BRADLEYPLOOF on September 20, 2013, 11:40:53 AM We have five partners who have started mining for their shares, thanks guy's! I would announce your UserIDs but to protect your privacy I'll let you do it if you want to, GO TEAM!!! Haha I run 13.3GH/s of it :P My block erupter blade won't ROI otherwise. I'm trusting you to bring this to a success :) It would really be good if you could take some time away from preparing everything you need, to giving some details of your work, and what you're doing, so we can gain confidence in this! Otherwise, keep the great work up! My current part of this team is to promote, market, and otherwise get this thing out there for people to see. I'm also finishing up the first draft of a business plan with the top cheese, so we can post it on here and not only give you the confidence you want, but the trust you deserve. I've got a facebook page up (facebook.com/solarwindminingco), a twitter feed going to keep updates posted on that, talking to www.customink.com about creating some merchandise specifically for SolarWind, going to start an Etsy page to sell said merchandise, gaining some insight from a social media marketing guru friend of mine... I've also got my own little rig set up to mine shares on here, a whopping 2.664 GH/s with 8 block erupters, but hey, I started mining just for sh**s and giggles... I'm also going to put out there on the interwebs that we're searching for someone to create this website for us, because I suck at the type of programming behind it, and my personality dictates functional value over aesthetic value so it would be a rather bland looking site. Granted, there are some very nice looking designs that the boss would like, so it's just a matter of following simple instructions on that part... Anyways, more to come, I should get back to work before I get yelled at... Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: dawo5010 on September 20, 2013, 01:06:27 PM We have five partners who have started mining for their shares, thanks guy's! I would announce your UserIDs but to protect your privacy I'll let you do it if you want to, GO TEAM!!! Haha I run 13.3GH/s of it :P My block erupter blade won't ROI otherwise. I'm trusting you to bring this to a success :) It would really be good if you could take some time away from preparing everything you need, to giving some details of your work, and what you're doing, so we can gain confidence in this! Otherwise, keep the great work up! My current part of this team is to promote, market, and otherwise get this thing out there for people to see. I'm also finishing up the first draft of a business plan with the top cheese, so we can post it on here and not only give you the confidence you want, but the trust you deserve. I've got a facebook page up (facebook.com/solarwindminingco), a twitter feed going to keep updates posted on that, talking to www.customink.com about creating some merchandise specifically for SolarWind, going to start an Etsy page to sell said merchandise, gaining some insight from a social media marketing guru friend of mine... I've also got my own little rig set up to mine shares on here, a whopping 2.664 GH/s with 8 block erupters, but hey, I started mining just for sh**s and giggles... I'm also going to put out there on the interwebs that we're searching for someone to create this website for us, because I suck at the type of programming behind it, and my personality dictates functional value over aesthetic value so it would be a rather bland looking site. Granted, there are some very nice looking designs that the boss would like, so it's just a matter of following simple instructions on that part... Anyways, more to come, I should get back to work before I get yelled at... Thanks, looking forward to see more of it :) In the meanwhile, more mining. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: Atruk on September 20, 2013, 01:58:28 PM I have worked out most of the details on the way shares will work, so I will share with you what the overall points are about the share values and payouts... There are four types of shares:
All shares will provide Double Return on Initial Investment (DROII) except CRShares, 1 BTC invested = 2 BTC DROII The Details,.. BitShares:
Standard Shares:
Company Reserve Shares:
A Note on the Double Return of Initial Investment (DROII): All funds used to payout the DROII are generated by the specific hardware that those share funds where used to purchase, the income from mining on specific rigs will not be used for anything else except for Variance Funds or CRShares needed to keep the company operational. +SolarWind BitShares are not associated with the 'BitShares P2P trading platform (http://www.coindesk.com/bitshares-p2p-trading-platform-to-offer-dividends-on-bitcoins/)' With the bitcoin mining landscape being characterized by runway increases in difficulty for the near future do you really need to throw a MLM type structure onto the shares with all of the negative connotations that brings to this already questionably valued asset? What sort of contingency plan do you have for an event in which you can't meet the promised returns? Given the history of most attempts at mining investments, are there plans for a potential failure beyond taking the money and walking briskly into the sunset? Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 20, 2013, 05:46:54 PM With the bitcoin mining landscape being characterized by runway increases in difficulty for the near future do you really need to throw a MLM type structure onto the shares with all of the negative connotations that brings to this already questionably valued asset? What sort of contingency plan do you have for an event in which you can't meet the promised returns? Given the history of most attempts at mining investments, are there plans for a potential failure beyond taking the money and walking briskly into the sunset? Thanks for asking a specific question instead of just making a broad statement that is thinly veiled as a question (like some have done,) My contingency plan, if The SolarWind Mining Company fails to deliver on its commitments (unlikely considering the amazing crew that this venture has attracted,) is simply not to fail. Unfortunately, even the best laid plans can fail to be realized, even with Herculean efforts to succeed. So practically speaking, if such failure seems eminent, SolarWind will begin the process of perusing other options to fulfill its obligations. If necessary, all assets will be liquidated and the proceeds distributed to the Partners (that means all shareholders except the company itself.) If all else fails I'll work it off with mine own two hands. Assuming that The SolarWind Mining Company reaches a stage where it is realizing a profit for both its Partners and the company, SolarWind will use a portion of the company profits to diversify its operations in order to further increase Partner profits, and to meet several additional goals. Here are some of the plans for the expansion of The SolarWind Mining Company: Development, both in the areas of software and hardware - Financial and business services - The promotion of the Bitcoin Ideology - scientific research in the areas of computer engineering, physics, artificial intelligence and a host of other scientific disciplines - there is also a vast litany of various altruistic and humanitarian projects that I would like to be included in future of SolarWind. I may not be the most 'sophisticated' individual and I have trouble with using the standard approaches and business models (thank (insert your own deity) for Bradley,) but what I am is a very good problem solver. I have the mental flexibility to adjust to most any situation and I have very specific goals. My goals as a man are focused towards helping others, being as kind as I can, improve their lives when possible, encourage and inspire the downtrodden and lowly of spirit, in other words I care a great deal about the well being of people in general. My goals with SolarWind are based on my personal and intellectual goals. I am practical enough to know the limits that are applied to the given situation. The primary goal of SolarWind is to help the least of us to aspire to the greatest heights. In the earliest stages of the development of this project, I believed that the companies greatest supporters would be the little guys or gals that just recently became involved in the bitcoin world. Many of these individuals have come in too late to use their GPUs to mine bitcoin, yet they still have given it a valiant effort. Otherwise, why do you think there is so much interest in altcoins? Its because these individuals are really passionate about the Bitcoin Ideology but feel as though they have been locked out by the big miners. To many of them have been gulled into purchasing hardware that came too late and had insufficient hashing power by the time they received their miners to be of much use. The only way to compensate for this disadvantage is to increase our power by working as a collective. Offering BitShares that are, once invested in, consistently doubled is a great way to help concentrate each others efforts for the benefit of all involved. That is the main reason that I have structured the company shares the way I have. Anyone can invest any amount no matter how small and it will double many fold until they actually have enough bitcoin to work with. The BitShare concept will allow individuals who don't even have mining gear to invest and make a profit, even 0,00001 BTC will grow pretty quickly when it is consistently doubled, so just going to a few free bitcoin faucets will yield a nice return with the way I have structured the shares. To be honest, I would be more satisfied if the majority of the funds from share purchases where from free faucets, a host of BitShare Miners using crappy nvidia GPUs and the few hopefuls that are willing to give it a go, than if a large number of bitcoin pros who have had it good for the majority of the life of bitcoin started throwing a bunch of BTC at SolarWind. The pros don't need my help, those who are less fortunate and have little resources do! These are MY TRUE PARTNERS, and they are not "sockpuppets!" But I digress, If you want more details, Bradley, SolarWinds right hand man, is working on a solid business plan and as quickly as he gets things done, I expect to have it out soon. Check back later for more details... Thanks again for asking a question with real substance! Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: Atruk on September 20, 2013, 06:17:37 PM So practically speaking, if such failure seems eminent, SolarWind will begin the process of perusing other options to fulfill its obligations. If necessary, all assets will be liquidated and the proceeds distributed to the Partners (that means all shareholders except the company itself.) If all else fails I'll work it off with mine own two hands. A good start would be for you/Bradley to get into the WTO and GPG sign something to this effect, and you know make a contract with shareholders. This is one of those basic sort of things you should have read and then known to do before doing all of this writing and collecting a bunch of names in the other thread. Also, maybe find a way for investors to sell/transfer/liquidate their shares? On forums/SocialMedia a herculean mining company and a herculean ponzi can look very similar, so read/lurk moar and work on how you can present that distinction if you are going to continue. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: monbux on September 20, 2013, 09:41:55 PM I was first to ask for a bitshare on your giveaway thread, what now? Is there a website we can view our bitshare maturing? Or do we have to mine for this? huh? bit confused, I thought this was like pyamining.
Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 20, 2013, 10:09:30 PM So practically speaking, if such failure seems eminent, SolarWind will begin the process of perusing other options to fulfill its obligations. If necessary, all assets will be liquidated and the proceeds distributed to the Partners (that means all shareholders except the company itself.) If all else fails I'll work it off with mine own two hands. A good start would be for you/Bradley to get into the WTO and GPG sign something to this effect, and you know make a contract with shareholders. This is one of those basic sort of things you should have read and then known to do before doing all of this writing and collecting a bunch of names in the other thread. Also, maybe find a way for investors to sell/transfer/liquidate their shares? On forums/SocialMedia a herculean mining company and a herculean ponzi can look very similar, so read/lurk moar and work on how you can present that distinction if you are going to continue. Thanks, at least your trying to help. Thanks for the advice. I was wanting to checkout the WOT, I guess now is a good time. There is a lot of information out there and its hard to know when to quit looking before you proceed. You are actually providing some of the information that I was hoping to get from feedback. Any information that helps this project become a success is greatly appreciated. As for share holders being able to sell or trade shares, I have previously stated that SolarWind has nothing against private trade and would assist in the process. Public trading is an option that is being considered but not until things are up and running and all the kinks are worked out. A ponzi scheme wouldn't apply to this venture. The Share mining pools information will be publicly viable so it will be easy to see that SolarWind is actually mining and easily verifiable. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 20, 2013, 10:47:36 PM I was first to ask for a bitshare on your giveaway thread, what now? Is there a website we can view our bitshare maturing? Or do we have to mine for this? huh? bit confused, I thought this was like pyamining. Don't worry, the website is getting close to being operational. Your going to love it! Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: bseymour on September 21, 2013, 01:09:30 AM One of the 102 dalmatians here ;)
Looking forward to reading more. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: floatyfish on September 21, 2013, 04:17:30 AM Hm, seems interesting. I'm going to keep an eye on this, I would like to see what you guys come out with on the website, and especially the business plan. I would look into that 1.5BTC option if your business plan for upgrading was a solid one :)
Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 21, 2013, 06:24:57 AM One of the 102 dalmatians here ;) Looking forward to reading more. Thanks! I am glad that you are keeping in touch, were working extra hard to get things moving. Hm, seems interesting. I'm going to keep an eye on this, I would like to see what you guys come out with on the website, and especially the business plan. I would look into that 1.5BTC option if your business plan for upgrading was a solid one :) Thanks for your comments, When we get the website finalized I think you'll be amazed, we want to set SolarWind apart from the rest of the herd so we are working on something special for the website that will make this clear to any visitors. Bradley is working his tail off to get the business plan all finished up, this is a big priority because SolarWind is starting to attract the attention of some of the more noted individuals in the bitcoin community and we definitely want their support. Keep checking back with us so you can keep updated. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: CoinHoarder on September 21, 2013, 12:53:30 PM The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on.
It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th. If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above. Now I'm just being repetitive... carry on. Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: floatyfish on September 21, 2013, 02:21:40 PM The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on. It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th. If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above. Now I'm just being repetitive... carry on. CoinHoarder echoed some of my concerns as well. I'm no expert in solar energy, but the initial setup would be VERY expensive, correct? Also, I know solar's efficiency is going up, but the most conducive spots for solar also happen to be in the hottest part of the country (Arizona, New Mexico). Would you end up spending your generated solar electricity on the massive amounts of required A/C during the summer, leaving the powering of the miners up to the power company? Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: pedrog on September 21, 2013, 02:39:30 PM The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on. It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th. If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above. Now I'm just being repetitive... carry on. CoinHoarder echoed some of my concerns as well. I'm no expert in solar energy, but the initial setup would be VERY expensive, correct? Also, I know solar's efficiency is going up, but the most conducive spots for solar also happen to be in the hottest part of the country (Arizona, New Mexico). Would you end up spending your generated solar electricity on the massive amounts of required A/C during the summer, leaving the powering of the miners up to the power company? I was going to say that it all depends on how cheap you get the electricity from the grid, because in some countries, like mine, a residential solar setup pays itself in like 3 or 4 years, mainly because electricity is very expensive. But as I understand, this operation is US based, so maybe electricity from the grid comes cheaper... Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: floatyfish on September 21, 2013, 02:54:41 PM The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on. It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th. If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above. Now I'm just being repetitive... carry on. CoinHoarder echoed some of my concerns as well. I'm no expert in solar energy, but the initial setup would be VERY expensive, correct? Also, I know solar's efficiency is going up, but the most conducive spots for solar also happen to be in the hottest part of the country (Arizona, New Mexico). Would you end up spending your generated solar electricity on the massive amounts of required A/C during the summer, leaving the powering of the miners up to the power company? I was going to say that it all depends on how cheap you get the electricity from the grid, because in some countries, like mine, a residential solar setup pays itself in like 3 or 4 years, mainly because electricity is very expensive. But as I understand, this operation is US based, so maybe electricity from the grid comes cheaper... True, I guess my US-centric viewpoint got ahead of me! I'm assuming they're also taking into account that once the initial investment in the panels is paid off, they'll have more money to use as well. What miners are you guys looking at? Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 21, 2013, 06:14:18 PM The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on. It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th. If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above. Now I'm just being repetitive... carry on. CoinHoarder echoed some of my concerns as well. I'm no expert in solar energy, but the initial setup would be VERY expensive, correct? Also, I know solar's efficiency is going up, but the most conducive spots for solar also happen to be in the hottest part of the country (Arizona, New Mexico). Would you end up spending your generated solar electricity on the massive amounts of required A/C during the summer, leaving the powering of the miners up to the power company? I was going to say that it all depends on how cheap you get the electricity from the grid, because in some countries, like mine, a residential solar setup pays itself in like 3 or 4 years, mainly because electricity is very expensive. But as I understand, this operation is US based, so maybe electricity from the grid comes cheaper... True, I guess my US-centric viewpoint got ahead of me! I'm assuming they're also taking into account that once the initial investment in the panels is paid off, they'll have more money to use as well. What miners are you guys looking at? Thanks guys, this is the kind of discussion I have been waiting for. It is true that installing green-energy electrical sources is costly and your posit would be correct. It is only correct if one thinks in terms of trying to start off using using green-energy electrical sources alone rather than phasing in the equipment. It would be foolish to think that one could just buy the green-energy equipment right off the bat and still recover costs in any reasonable amount of time. To do so would require a large amount of capital, larger than the company has and likely more than it could raise without a long and successful history. There are a few things that make me believe that now is (or close enough to) the best time to begin the process of converting the bitcoin network into a greener technology. The first fact is that the energy requirements for bitcoin mining are dropping rather rapidly and it is highly likely that this trend will continue. Second is the fact that solar and wind energy technology is also making rapid advancements in efficiency and that will provide a lower watts-per-dollar ratio than is historically the case. Third, we all believe in the Bitcoin Ideology and I have faith that bitcoins value will continue to rise, in fact bitcoins value MUST continue to rise or there is no point to bitcoin. Forth, this one is specific to SolarWind. I do not believe that mining bitcoin should be for the single purpose of just converting bitcoin into dollars (or any fiat currency), it should be to make an investment in bitcoin as the bases for the future of the worlds economy. A small portion of the bitcoin generated by SolarWind will be held as an asset of SolarWind, it will not be exchanged (ever) for any fiat currency and when even a small amount of bitcoin at today's value is worth an enormous fortune in the future (remember there are only going to be 21 million bitcoins, ever, and those 21 million bitcoins will (in theory) be distributed among billions of people as the main or only currency, so even 0.00000001 BTC will be worth quite a bit! If this doesn't happen then bitcoin is worthless and all we do today is for naught.) The small portion that SolarWind puts aside will be held in the name of the SolarWind Shareholders, when it is believed that bitcoin has gain a significant value SolarWind will release some or all of its bitcoin holdings to its Shareholders. That being said, I will return to the topic of green-energy and how it is connected to bitcoin mining. ASICs are new to the game but in-spite of this fact they have rapidly taken over the majority of the hashing power of the network, now I am not sure if the total power usage is roughly the same with ASICs as it was before ASICs or not but, if so, it would(will) not negate my point. ASICs, being new, will likely become more energy efficient as they are further developed (they simply must do so to make bitcoin mining worth it) and in the absence of a replacement for ASICs the push will be to make them super efficient to increase/maintain mining profitability. In fact, the only way to continue mining profitably, without an ASICs replacement that uses less power per hash, is to make ASICs miners more energy efficient over time. Furthermore, to be more correct, the only way to keep mining profitable over time is to reduce the energy costs of mining itself. Although green-energy power sources incur a larger upfront cost, they are less expensive over time and at some point become sources of (nearly) free energy. The question is, does the offset in the large upfront cost occur over a short enough time span to make mining with green-energy technologies profitable. Now, if a company mining bitcoins has reduced its need to pull electricity of the grid, it has an advantage of being able to mine at a lower cost in electricity per hash. There are also advantages provided by overlaps between the reduction of power needs for mining bitcoin at the time when the company adds/switches to more efficient mining hardware and the (possibly) inevitable return to the power requirements to mine X number of bitcoins. Of course, this would be because there is a narrow window of opportunity to take advantage of the lower power requirements during the overall transition to newer equipment across the entire bitcoin mining network before any spike occurs in difficulty levels. To explain a little better, if a bitcoin mining company can continue to run mining hardware and remain profitable using the same hardware as the majority for a longer time frame than the same majority, then that company will enjoy the returns of not only transitioning to newer more efficient hardware but can do so while running hardware that the majority is(has) phased out of use. That gives that particular mining company a slight advantage in hashing power over all. This slight advantage could provide a large return in bitcoin-per-kilowatt-hours. Once a full transition to more energy efficient hardware is completed, the company in question would be able to run more hashing power using the new mining equipment at the same or even less electricity than any competitors can. This advantage could grow exponentially... Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: floatyfish on September 22, 2013, 01:02:57 AM The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on. It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th. If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above. Now I'm just being repetitive... carry on. CoinHoarder echoed some of my concerns as well. I'm no expert in solar energy, but the initial setup would be VERY expensive, correct? Also, I know solar's efficiency is going up, but the most conducive spots for solar also happen to be in the hottest part of the country (Arizona, New Mexico). Would you end up spending your generated solar electricity on the massive amounts of required A/C during the summer, leaving the powering of the miners up to the power company? I was going to say that it all depends on how cheap you get the electricity from the grid, because in some countries, like mine, a residential solar setup pays itself in like 3 or 4 years, mainly because electricity is very expensive. But as I understand, this operation is US based, so maybe electricity from the grid comes cheaper... True, I guess my US-centric viewpoint got ahead of me! I'm assuming they're also taking into account that once the initial investment in the panels is paid off, they'll have more money to use as well. What miners are you guys looking at? Thanks guys, this is the kind of discussion I have been waiting for. It is true that installing green-energy electrical sources is costly and you posit would be correct. It is only correct if one thinks in terms of trying to start off using using green-energy electrical sources alone rather than phasing in the equipment. It would be foolish to think that one could just buy the green-energy equipment right off the bat and still recover costs in any reasonable amount of time. To do so would require a large amount of capital, larger than the company has and likely more than it could raise without a long and successful history. There are a few things that make me believe that now is (or close enough to) the best time to begin the process of converting the bitcoin network into a greener technology. The first fact is that the energy requirements for bitcoin mining are dropping rather rapidly and it is highly likely that this trend will continue. ASICs are new to the game but in-spite of this fact they have rapidly taken over the majority of the hashing power of the network, now I am not sure if the total power usage is roughly the same with ASICs as it was before ASICs or not but if so it would not negate my point. ASICs, being new, will likely become more energy efficient as they are further developed and in the absence of a any replacement for ASICs the push will be to make them super efficient. This means a few different thing, one is that if a company mining bitcoins has reduced its need to pull electricity of the grid, there will be a slight overlap in a reduction of power needs when the company adds/switches to more efficient mining hardware and the (possibly) inevitable return to normal power requirements (of course this would be because there is a narrow window of opportunity to take advantage of the lower power requirements during the overall transition to newer equipment across the entire network before any spike occurs in difficulty levels.) I will be back to edit and finish this at a later time... please consider this a draft that may contain errors. You are welcome to comment non-the-less. I look forward to your update, I don't think that something like this has been attempted/done before (I could be wrong though). You also mentioned how you were drawing attention from some big names in the Bitcoin world, are you at liberty to indicate who these big names are? Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: SolarWindMiningCompany on September 22, 2013, 06:17:28 PM The share count has been updated, more partners are adding their hashing power to the BitShare Mining Pool. We are considering creating are own Mining Pool with the mining pool fee as a BitShare option, so stay updated!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 23, 2013, 02:50:48 AM I have updated the share count section with details on how share funds are distributed and included information on escrow deposits.
Have a great day/evening. :) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: some1 on September 23, 2013, 03:50:00 PM Hi SolarWind & co, keep up the good work!
It would be nice if we (the first 100) could have an access to the site before it goes public. This way we could be ready with advertising of our referral links on day 0. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on September 23, 2013, 04:06:27 PM where can i get me one of these mining accounts i hear of?
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 23, 2013, 05:14:49 PM Hi SolarWind & co, keep up the good work! It would be nice if we (the first 100) could have an access to the site before it goes public. This way we could be ready with advertising of our referral links on day 0. Good idea. We'll see what we can do when the website is close to ready. where can i get me one of these mining accounts i hear of? Send a PM to either SolarWindMiningCompany or BRADLEYPLOOF Thanks Jorgeminator, that's what I like about the SolarWind Partners. Their willing to help others! Hey Tachibana, I'll PM you your BitShare Mining Pool account information. [edit: Done!] Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 23, 2013, 06:26:15 PM Hey guys,
Until the website is up and running you can checkout The SolarWind Mining Companies google+ page (https://plus.google.com/u/0/b/106769053294666502380/106769053294666502380/posts). Really busy right now with college and working to get SolarWind fully operational. I will try to put a few updates there when I can. The more partners we can get to invest in SolarWind at this early stage the faster we can get things going. We need to raise capital so we can get everything setup for the mining rigs and get them running on day one of delivery. Those of you who have joined The First 100 Club and are already making contributions to the share count should encourage the other partners to start mining in the BitShare Mining Pool or start making some deposits. Remember, you can deposit any amount you would like into your BitShare account. Your deposits, once credited to your account, will double repeatedly until you reach 0.5 or 1.5 BTC (your choice) and then your account is converted to a Standard Share (0.5 BTC) or Founders Share (1.5 BTC) automatically. Even payments from a free faucet can be sent to your BitShare account and they will double and continue to roll over until the share value you have chosen is reached! Also keep in mind that as a member of The First 100 Club, you get an extra 5% credit in addition to the normal 10% credit on your BitShare deposits. That's a total of a 15% return on your investment just for depositing funds! SolarWind is all about you, you are the reason for SolarWind and it will take you to make it successful. I was going to start a group buy for the mining hardware, but I decided that group buys are not really all that fair to the small miners who simply do not have the hashing power or BTC to afford a group buy share. So, The SolarWind Mining Company was born with the small (and even tiny) miners in mind and it's mission is to help as many people as possible take part in a profitable mining venture. This is the very reason that the BitShare and BitShare Mining Pool options where created, to help YOU! Lets do this together! Lets Make It Happen! GooOO TEAM! ;D Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Zakryze on September 23, 2013, 07:05:13 PM saved for later. this therd is on my watchlist now :-*
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 23, 2013, 07:20:23 PM I have updated my reply to floatyfish, CoinHoarder, pedrog here ==> https://bitcointalk.org/index.php?topic=297334.msg3205484#msg3205484
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 23, 2013, 10:52:09 PM I have updated the share count and the BitShare Mining Pool hashrate. We have another addition to the BitShare Mining Pool!!
Steady but sure! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: floatyfish on September 24, 2013, 01:35:46 AM When you say that our share will double, I'm assuming will this be through the mining that is occurring? Will you be using the money in the shares to buy solar panels/windmills/necessary equipment to harness that energy? Also, will any of the share money be going ASICs? If it is, have you thought about what to buy once the difficulty goes through the roof?
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 24, 2013, 07:14:52 AM When you say that our share will double, I'm assuming will this be through the mining that is occurring? Will you be using the money in the shares to buy solar panels/windmills/necessary equipment to harness that energy? Also, will any of the share money be going ASICs? If it is, have you thought about what to buy once the difficulty goes through the roof? Yes, mining will be the main producer of income and that is where the funds will come from to double the shares. The idea is to pay heavy early on to cover the share payouts and then ride on the residuals. That being said, a portion of BitShares and Founders Shares are meant to help fund expansion costs, at least in the beginning. SolarWind will balance, to the extent possible, doubling shares and investing in new mining hardware, all the while phasing in solar, wind and other green energy sources using primarily residual funds. If, at a point when SolarWind is producing 'free' energy, the difficulties rise sharply, SolarWind will have the advantage of having lower electrical costs. As for ASICs, of course, ASICs all the way (unless something better comes along.) As for difficulties going through the roof, when and if such an event occurs, there will be a large drop in the number of miners for a short period of time. Since, presumably, SolarWind will have a lower than average cost-per-hash, SolarWind will have, yet again, the advantage. Besides this, difficulties have always been about to go through the roof. The main difference from difficulties before and difficulties now is that it will begin to happen at a more notable rate. That begs the question, at least for me, where are your bitcoins best invested if there is a substantial rise in difficulties, is it with SolarWind, a company that has as it's first priority a commitment to payout double the initial investment to it's investors as rapidly as possible and actively pursue the lowering of it's own energy costs, or with BTC-Guild's suspiciously low payout despite a HUGE block find rate? How much do you think the other big mining farms are investing in lowering there energy usages? Which mining company will have the infrastructure already in place when the bottleneck of watts-per-hash makes mining to expensive for even large mining farms? Which mining company will be mining happily along when other mining operations are flicking of their machines in a mad rush to keep from going bankrupt? Which mining company will benefit from the sudden drop in the difficulty level right after all those machines have been shut down? Which mining company will be the grasshopper who plays all summer and stores nothing for the winter, and which mining company will be the ant who works diligently early on so he does not starve in the winter? I will tell you which company will be like the ant, it will be SolarWind! And who is the grasshopper? ALL THE REST!! So, how will SolarWind do it?. There are many was to produce low cost energy, so don't be fooled by the naysayers. One example world be methane production, you take a ton of cow manure, dump it into a pit and nature does the rest. All you have to do is capture the methane (an easy low tech process) then burn it to run a steam powered generator, it is a very cheap way to produce electricity. I suppose we could create an altcoin and call it the crap-poweredcoin, just so we could mine them with the methane powered miners. Anyone want to buy 10,000 crap-poweredcoins? Who wants to develop the graphics for the crap-poweredcoin, it has to have a cow on one side and a cow pie on the other! ;D<== (shit eat'n grin) Here's an idea, if a single individual purchases 10 Founders Shares, SolarWind will commit to building a methane powered generator and develop the crap-poweredcoin to be merge mined with bitcoin! :D Anyway, SolarWind will use many different methods to meet the power requirements of mining. I think that's where most models for green-energy usages fail, because they rarely include multiple sources of energy. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Stinky_Pete on September 24, 2013, 06:49:24 PM An interesting project, and one I find attractive both from its green energy stand and the small-is-beautiful investors. I am concerned about the capital needed to start, and the very generous payouts predicted, in an environment where Bitcoin mining difficulty increases rapidly. I'll keep watching, and look forward to seeing the business plan. At the moment it looks too good to be true, and you know what people say about those schemes!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BRADLEYPLOOF on September 24, 2013, 06:52:09 PM An interesting project, and one I find attractive both from its green energy stand and the small-is-beautiful investors. I am concerned about the capital needed to start, and the very generous payouts predicted, in an environment where Bitcoin mining difficulty increases rapidly. I'll keep watching, and look forward to seeing the business plan. At the moment it looks too good to be true, and you know what people say about those schemes! Aye, they say just that...besides the President of SolarWind really wanting this to explode, I want it to come to fruition as well, mostly because this will be THE coolest project I've ever worked on. I want to make a difference, and I want to make sure that it's felt by everyone willing to invest. We're not only going to use Mining as a form of income, but we have several other ventures as well to generate revenue. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Stinky_Pete on September 24, 2013, 07:19:16 PM OK, so I can't find a simple sentence or two saying what SolarWind is all about. Suggest you add it to the top of the first post.
[Added later] I finally found it here https://bitcointalk.org/index.php?topic=293098.msg3196977#msg3196977 So, in looking around, I have come to the conclusion that you started to go public before the business plan was properly thought out. I understand your excitement generated by this idea, and the desire to start telling people about it, but this is other people's money you are asking for, and some people get very serious about money. Offering to work hard and cover debts is admirable, but revealing you have little experience is not going to generate confidence and attract investors. I suggest you find someone with experience of business (even if it's only in the world of fiat) to give you advice. Still watching and considering an investment though. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 24, 2013, 07:33:16 PM Thanks Stinky_Pete for your input, I'll work on your suggestion. EDIT: That goes double for the revision of your post. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 24, 2013, 10:15:44 PM I have updated the Original Post of this thread with new information ~ About Us ~ (https://bitcointalk.org/index.php?topic=297334.0) https://bitcointalk.org/index.php?topic=297334.0 Title: Re: [Official Thread] SolarWind, A Bitcoin Mining Company - 100TH/s Mining Farm Post by: monbux on September 24, 2013, 11:11:12 PM I was first to ask for a bitshare on your giveaway thread, what now? Is there a website we can view our bitshare maturing? Or do we have to mine for this? huh? bit confused, I thought this was like pyamining. Don't worry, the website is getting close to being operational. Your going to love it! I'm sure I will, can't wait. Would love to see the website, as soon as it's up, hope its informative and newbie friendly :P Newbies would want to have a look at it. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: floatyfish on September 25, 2013, 12:28:24 AM Figures I missed the giveaway :P
Just wondering, are you guys going to solicit any advice from the community as to go about and run this the best way possible? When I say that, I mean asking people like Deprived for help? He's pretty good at poking holes in people's business plan which when patched up makes the companies stronger IMO. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 25, 2013, 04:41:48 AM Figures I missed the giveaway :P Just wondering, are you guys going to solicit any advice from the community as to go about and run this the best way possible? When I say that, I mean asking people like Deprived for help? He's pretty good at poking holes in people's business plan which when patched up makes the companies stronger IMO. Thanks for your question floatyfish, In fact, that is what we are doing. Firstly, by paying attention to the replies to this and other threads. And, secondly, we are in contact with some of the more respected members of the bitcoin community via PM and email. We want to do this right, albeit unconventionally. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 25, 2013, 05:54:38 AM SolarWind now has Seven partners mining the BitShare Mining Pool with a total of almost 22GH/s combined hashing power! We are gaining new supporters every day!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 25, 2013, 10:51:10 PM I have updated information. Take a look at the work in progress on The SolarWind Mining Company Logo (https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573). Please, everybody let us know what you think! https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573 Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Molex1701 on September 26, 2013, 06:19:20 AM Sorry but I'm confused on whats going on. I own a share so now what? I see post on mining pool, what are we suppose to use as mining settings to mine there? Mining there seems like I would get additional value?
Thanks Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 26, 2013, 06:53:00 AM Sorry but I'm confused on whats going on. I own a share so now what? I see post on mining pool, what are we suppose to use as mining settings to mine there? Mining there seems like I would get additional value? Your free BitShare is yours to keep and you are not required to do anything. When we open the websit to the public we will send you information on how to register your free BitShare.Thanks As for the BitShare Mining Pool, you only need to ask and I will set it up for you. On second thought, I'll consider your post as asking and I will PM the information to you. As a member of The First 100 Club, you will get an extra 5% on top of the regular 10% bonus on any BitShare deposits, that's 15% on your BTC just for making a deposit! I am also offering a 25% early-bird credit towards the purchase of a Founders Share for a future Hardware Purchase Cycle if you buy a Standard or Founders Share before the current Hardware Purchase Cycle is fully funded. This 25% credit is limited to 50 for the current cycle. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Molex1701 on September 26, 2013, 07:53:21 AM Oh thanks for the information. Oh also I forgot to thanks for the share. THANKS.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 27, 2013, 02:46:46 PM I have posted copies of the Cointerra preorders for your review (https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573) https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573 Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: dawo5010 on September 27, 2013, 02:48:06 PM I have posted copies of the Cointerra preorders for your review (https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573) https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573 NICE! Keep up the great work! Those miners must be shiny shiny! :) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: some1 on September 27, 2013, 03:24:57 PM Founders Share funds offer a higher ROI (15-20%) than any other share type because of the higher risk to the shareholder. In addition to purchasing mining hardware, Founders Share funds provide SolarWind with funding for expansion and the daily operations of the company. The sale of Founders Shares is intended to be phased out when SolarWind matures and becomes financially solvent. Any Founders Shares held after the sales of Founders Shares have been phased out will remain valid and all terms of the share agreement will remain in effect. Founder Share funds are distributed thus - 2/3 of the share price (1 BTC) is placed into escrow and held there until the current Hardware Purchase Cycle is fully funded at which time the funds are released for the purchase of the mining hardware. 1/3 of the Founders share price (0.5 BTC) is remitted to the company and used as for the daily operational costs and for the expansion needed (infrastructure) to support incoming mining hardware (this includes the construction of mainboards for the Cointerra GoldStrike1 ASICs chips that are currently on pre-order) SolarWind will arrange an escrow account through SebastianJu (https://bitcointalk.org/index.php?action=profile;u=18640) for the 2/3rds (1 BTC) of the Founders Share price and the 1/3rd (0.5 BTC) should be sent to the shareholders individual deposit address that is provided when the shareholder first makes a request to purchase a share. It is the responsibility of the shareholder to place a reserve order for a Founders Share prior to sending the payment to the escrow account and then notify SolarWind when the deposit is made in both accounts and to provide documentation providing proof of both deposits. Standard Shares funds are 100% escrow. The same reserve method should be used as described in the Founders Share section. BitShares are 50% escrow and 50% operational funds. In order to save on transaction fees the shareholder should let SolarWind split the funds for the share holder and make the escrow deposit for them. The shareholder may still use the same reserve method as described in the Founders Share section. Escrow deposits will be processed when the total BitShare funds reach 5 BTC. I'm too newbie to understand the escrow staff ;D All of the shareholder will have to approve the payment when hardware arrives? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 27, 2013, 04:32:30 PM Founders Share funds offer a higher ROI (15-20%) than any other share type because of the higher risk to the shareholder. In addition to purchasing mining hardware, Founders Share funds provide SolarWind with funding for expansion and the daily operations of the company. The sale of Founders Shares is intended to be phased out when SolarWind matures and becomes financially solvent. Any Founders Shares held after the sales of Founders Shares have been phased out will remain valid and all terms of the share agreement will remain in effect. Founder Share funds are distributed thus - 2/3 of the share price (1 BTC) is placed into escrow and held there until the current Hardware Purchase Cycle is fully funded at which time the funds are released for the purchase of the mining hardware. 1/3 of the Founders share price (0.5 BTC) is remitted to the company and used as for the daily operational costs and for the expansion needed (infrastructure) to support incoming mining hardware (this includes the construction of mainboards for the Cointerra GoldStrike1 ASICs chips that are currently on pre-order) SolarWind will arrange an escrow account through SebastianJu (https://bitcointalk.org/index.php?action=profile;u=18640) for the 2/3rds (1 BTC) of the Founders Share price and the 1/3rd (0.5 BTC) should be sent to the shareholders individual deposit address that is provided when the shareholder first makes a request to purchase a share. It is the responsibility of the shareholder to place a reserve order for a Founders Share prior to sending the payment to the escrow account and then notify SolarWind when the deposit is made in both accounts and to provide documentation providing proof of both deposits. Standard Shares funds are 100% escrow. The same reserve method should be used as described in the Founders Share section. BitShares are 50% escrow and 50% operational funds. In order to save on transaction fees the shareholder should let SolarWind split the funds for the share holder and make the escrow deposit for them. The shareholder may still use the same reserve method as described in the Founders Share section. Escrow deposits will be processed when the total BitShare funds reach 5 BTC. I'm too newbie to understand the escrow staff ;D All of the shareholder will have to approve the payment when hardware arrives? Under Escrow, funds are released after the terms of the escrow are fulfilled. In this case, a payment would be made to Cointerra directly from the escrow account (This prevents anyone in the company or the company itself from running off with all the Funds.) SolarWind would not have access to the funds at all because the funds are kept in escrow and only sent to the Hardware supplier when a specified threshold is reached. In case insufficient funds are raised, all transactions are reversed and the BTC is sent back to its address of origin. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 27, 2013, 05:09:06 PM I have contacted SebastianJu (https://bitcointalk.org/index.php?action=profile;u=18640) to set up an Escrow Account for SolarWind Share deposits, I am awaiting his reply. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: lucasjkr on September 27, 2013, 05:24:43 PM is your power consumption from renewables even measurable?
Sure thanks to tax credits renewables come in at the same price or cheaper than many other forms of electricity, with the caveat that the cost is heavily front loaded. So, to run a farm on solar panels would require a huge amount of upfront capital, with breakevwn several years out. At least that's how it's been explained to me by a friend who sells solar for a living. My question is therefor what percentage of your power is coming from panels, and how were they paid for? Additionally what portion of mining revenue is going to be allocated to exanding your non-fossile fuel footprint? I guess the dynamics could change if you have sunrun or solar city do the install and panels, but then the savings are even more muted. Is your operation situated in an area where you can sell excess capacity back into the grid during the day? Sorry, lots of downer questions/assnptions, but based on my tiny knowledge, it seems that solar is still the province of people who want to pay more to feel like they're making a difference, not for people seriously attempting to save money? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 27, 2013, 10:06:37 PM I have updated the Official Thread to include images of the initial location where the mining hardware will be located (https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573) https://bitcointalk.org/index.php?topic=297334.msg3190573#msg3190573 Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: monbux on September 28, 2013, 10:40:36 PM 1. Why is the website http://solarwindminingco.tk/ a free domain? o.O
2. Do you know and work with BRADLEYPLOOF and shadizzle in real life? Or is it all online? 3. Like I questioned before, once you start mining, would the mining difficulty double because of your high hash rate? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BRADLEYPLOOF on September 29, 2013, 12:49:08 AM The owner of SolarWind and I have communicated via telephone before. We trust each other very much and are very similar in our personalities and desires for this company and the goals we wish to achieve through SolarWind.
And a mere 100TH/s of power is not going to double the difficulty of the blocks. I am assuming that you're rather new to this whole venture, so let me clarify. The current hash rate of the system is over 1000 TH/s. Another few thousand terrahashes will be tossed into the system within the next few months as companies such as cointerra ship units and they come online. Our hash rate will not, by itself, double the current difficulty. We will have about 6% of the overall network hash rate when it comes online, and plan on purchasing more to keep up with difficulty and competitors. Think about this: visit www.blockchain.info/pools and see that BTCGuild, the largest pooled mine, currently has 400 TH/s worth of mining power, or roughly 30-40% of the overall network hash rate. We will have 1/4 of that when we start, with the goal of attracting more people to use our company and actually make ROI versus really low PPLNS and PPS payouts on BTCGuild... Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 29, 2013, 08:54:18 AM The owner of SolarWind and I have communicated via telephone before. We trust each other very much and are very similar in our personalities and desires for this company and the goals we wish to achieve through SolarWind. And a mere 100TH/s of power is not going to double the difficulty of the blocks. I am assuming that you're rather new to this whole venture, so let me clarify. The current hash rate of the system is over 1000 TH/s. Another few thousand terrahashes will be tossed into the system within the next few months as companies such as cointerra ship units and they come online. Our hash rate will not, by itself, double the current difficulty. We will have about 6% of the overall network hash rate when it comes online, and plan on purchasing more to keep up with difficulty and competitors. Think about this: visit www.blockchain.info/pools and see that BTCGuild, the largest pooled mine, currently has 400 TH/s worth of mining power, or roughly 30-40% of the overall network hash rate. We will have 1/4 of that when we start, with the goal of attracting more people to use our company and actually make ROI versus really low PPLNS and PPS payouts on BTCGuild... Thanks Bradley, I couldn't have answered any better. I will add something to what Bradley stated though. SolarWind believes that most investors are not being paid anywhere near the amount that the mining hardware purchased with investment funds actually generates. I strongly believe that the entire Bitcoin securities market is using the exact same financial model that the 'Good Old Boy's' have been using for hundreds of years. These systems where designed to provide enormous profits for people who already had a large amount of wealth. These systems have also evolved to take advantage of people of lower means while promising them a 'comfortable' retirement in their later day's. Meanwhile, those at the top of the chain enjoy lavish luxuries and the easy life for the majority of their lives. This is not meant to imply a conspiracy, it just describes the natural progression of systems based on financial leverage. It's like the old adage, 'power only seeks to increase itself'. SolarWind seeks to flip this around and payout a much higher return on your investment than any other company out there. We want to put those other guy's to shame! Our target is to Double your investment in 6 months or Less! In order for SolarWind to accomplish this goal, we need your support! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 29, 2013, 10:56:43 AM We have another BitShare miner added to the BitShare Mining Pool, the hash rate has increased and total bitcoin invested in BitShares is ~2.32 BTC and the future payout for Shares invested is ~4.64 BTC (https://bitcointalk.org/index.php?topic=297334.msg3190519#msg3190519) https://bitcointalk.org/index.php?topic=297334.msg3190519#msg3190519 Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 29, 2013, 11:04:46 AM SebastianJu (https://bitcointalk.org/index.php?action=profile;u=18640) has contacted me and we are working together to set up an Escrow Account for SolarWind Share deposits I will make an announcement when the details have been finalized Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 29, 2013, 01:39:21 PM The website domain name has been changed to solarwindmining.com Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BRADLEYPLOOF on September 29, 2013, 02:16:34 PM The website domain name has been changed to solarwindmining.com I love all the latin! ROFL!!! Can't wait to be able to sign in! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 30, 2013, 02:57:04 AM ALERT!! DO NOT TRUST ANY COMMUNICATIONS FROM THE USER ID 'SHADIZZLE' UNTIL FURTHER NOTICE!!!!!!! shadizzle's account appears to have been hacked Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on September 30, 2013, 05:13:27 AM Notice Anyone who is a member of The First 100 Club or who has purchased Shares of any type please PM me your email address. I will set up an account for you on the SolarWind Company Forum. This will be the best way to ensure the security of your Share stakes and will be the location for Official Company News and updates. This is not the website that I promised but is an intermediate location for SolarWind Partners to meet, discuss and participate in the future activities of The SolarWind Mining Company. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: some1 on October 01, 2013, 08:17:13 AM I'm not interested any more in this.
Who wants my shares ? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BitThink on October 01, 2013, 10:03:36 AM Our target is to Double your investment in 6 months or Less! In order for SolarWind to accomplish this goal, we need your support! As we know, most miners cannot even break even due to the exponential increased difficulty. SolarWind does not produce chips, but buy chips and rigs from the suppliers. Moreover, SolarWind does not have free electricity, mostly from the traditional wall power and a small part of solar/wind, which are more expensive. With this in mind, I really feel it hard to understand how can we double our investment in 6 months or less. I don't think that is doable just based on the mining income. Could you help to explain briefly why we could achieve that and where are the money from? Thanks. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Deprived on October 01, 2013, 10:07:47 AM Our target is to Double your investment in 6 months or Less! In order for SolarWind to accomplish this goal, we need your support! As we know, most miners cannot even break even due to the exponential increased difficulty. SolarWind does not produce chips, but buy chips and rigs from the suppliers. Moreover, SolarWind does not have free electricity, mostly from the traditional wall power and a small part of solar/wind, which are more expensive. With this in mind, I really feel it hard to understand how can we double our investment in 6 months or less. I don't think that is doable just based on the mining income. Could you help to explain briefly why we could achieve that and where are the money from? Thanks. Your money comes from the next investors who buy shares - same as in every other ponzi scheme. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BitThink on October 01, 2013, 10:10:39 AM Our target is to Double your investment in 6 months or Less! In order for SolarWind to accomplish this goal, we need your support! As we know, most miners cannot even break even due to the exponential increased difficulty. SolarWind does not produce chips, but buy chips and rigs from the suppliers. Moreover, SolarWind does not have free electricity, mostly from the traditional wall power and a small part of solar/wind, which are more expensive. With this in mind, I really feel it hard to understand how can we double our investment in 6 months or less. I don't think that is doable just based on the mining income. Could you help to explain briefly why we could achieve that and where are the money from? Thanks. Your money comes from the next investors who buy shares - same as in every other ponzi scheme. :) You are always so direct. Maybe in drunk mode? :) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Stinky_Pete on October 01, 2013, 07:07:56 PM Our target is to Double your investment in 6 months or Less! In order for SolarWind to accomplish this goal, we need your support! As we know, most miners cannot even break even due to the exponential increased difficulty. SolarWind does not produce chips, but buy chips and rigs from the suppliers. Moreover, SolarWind does not have free electricity, mostly from the traditional wall power and a small part of solar/wind, which are more expensive. With this in mind, I really feel it hard to understand how can we double our investment in 6 months or less. I don't think that is doable just based on the mining income. Could you help to explain briefly why we could achieve that and where are the money from? Thanks. It's a good question, and I can't see how it is done. An answer would be most welcome. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 02, 2013, 01:37:39 AM I will answer your questions, for now I must be brief. SabastainJu has asked me similar questions and I am writing a draft of my answer now. I want to make sure that it is correct and free of errors. Here is what I can explain wright now,
I think that some haven't read, or at least do not remember all of what I have written. I have stated on more than one occasion that SolarWind will not depend on mining alone. I have also stated that SolarWind will not 'steal from Peter to pay Paul,' so deprived's question, which is not a question, but an accusation, is contrary to my previous statements and is not based on fact. I generally choose my words carefully, so this is a fact, exactly what I wrote is that it is SolarWinds TARGET to double investor funds in six months. A target is a goal, not a commitment, our commitment is to strive towards the goal. Therefore, logic dictates that if SolarWind fails to double invested funds within six months and it was not possible to double investments within the 6 months, SolarWind would not have violated any expressed commitment. The statement made regarding the doubling of investment funds within six months is likely being confused with another statement where I have expressed our commitment, as it has been stated, "to double the investment as soon as possible" and that will always be the goal. I pushed the announcement of The SolarWind Mining Company before I thought SolarWind was quite ready for prime time. Maybe that was a mistake on my part. One of the reasons that I did so, is that I was fearful that the difficulty level would reach a point that might make it very difficult to accomplish my goals. I don't think the difficulty level is at a point to make it impossible but it has risen a little faster than I thought it would. I may have to extend the time frame that it will take to accomplish what I aim to do, but that is all it is, an extension. I will not Quit! Like I stated in the beginning, I am forming a response to SabastianJu questions, when I am done, I will share it with you. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: dawo5010 on October 02, 2013, 05:03:00 AM I will answer your questions, for now I must be brief. SabastainJu has asked me similar questions and I am writing a draft of my answer now. I want to make sure that it is correct and free of errors. Here is what I can explain wright now, I think that some haven't read, or at least do not remember all of what I have written. I have stated on more than one occasion that SolarWind will not depend on mining alone. I have also stated that SolarWind will not 'steal from Peter to pay Paul,' so deprived's question, which is not a question, but an accusation, is contrary to my previous statements and is not based on fact. I generally choose my words carefully, so this is a fact, exactly what I wrote is that it is SolarWinds TARGET to double investor funds in six months. A target is a goal, not a commitment, our commitment is to strive towards the goal. Therefore, logic dictates that if SolarWind fails to double invested funds within six months and it was not possible to double investments within the 6 months, SolarWind would not have violated any expressed commitment. The statement made regarding the doubling of investment funds within six months is likely being confused with another statement where I have expressed our commitment, as it has been stated, "to double the investment as soon as possible" and that will always be the goal. I pushed the announcement of The SolarWind Mining Company before I thought SolarWind was quite ready for prime time. Maybe that was a mistake on my part. One of the reasons that I did so, is that I was fearful that the difficulty level would reach a point that might make it very difficult to accomplish my goals. I don't think the difficulty level is at a point to make it impossible but it has risen a little faster than I thought it would. I may have to extend the time frame that it will take to accomplish what I aim to do, but that is all it is, an extension. I will not Quit! Like I stated in the beginning, I am forming a response to SabastianJu questions, when I am done, I will share it with you. Thus an important question must be asked: What if SolarWind does not meet it's targets? Will it keep its investor's money, return all their money, or like most other companies, list itself on a market platform and sell shares, while paying dividends? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 02, 2013, 08:31:52 PM Notice I must advise you that because of the recent changes in the rate of increase of the difficulty level that my plans are in the process of changing. There is one aspect that I will never change, SolarWind will always have a commitment to double investment funds IF the investor chooses that option. It may take longer than originally planned and we will have to diversify sooner, but I am stubbornly determined to make it happen. The one change that I am making that I am certain of is that in order to achieve the goals that I have set out for the company, I must institute a new investment program, we will no longer offer Standard or Founders Shares. Instead, we will offer a Standard and Founders Contracts. The new feature that I am adding is called the RollOver Option (ROO). The ROO is a feature that allows the shareholder to pick their own target amount. How the new investment structure will work: (Note: For those who have already made investments, the terms that you agreed to will still be in effect. Even so, the BitShare terms have not changed to any significant degree. If you leave things as they are, or decide to use the new format it will not really change the outcome of your payments. You may keep the DROII option on your future Standard Shares or Founders Shares.) (Warning: Before you make an investment in any company you must understand the risks involved. There are several things to consider and a careful judgement should be made as to whether or not you can afford the risks involved in investing in bitcoin and its related industries. Risk should be assessed while keeping in mind whether you can afford to lose the funds you are intending to invest or if a particular investment has greater risk than you are willing to take. Make sure you understand that things can go wrong, even for older and well established companies, and nothing is guaranteed. Despite SolarWind's efforts to safeguard investment funds, we can not be held responsible for things that are out of SolarWind's control. Things that would be out of SolarWind's control include, but are not limited to; a manufacture that overstated its claims about it's hardware or isn't able to provide what they had promised, SolarWind being the victim of a scam, products being damaged, going missing or stolen during shipment, hardware delay's, natural disasters acts of governments, the value of bitcoin, the failure of the bitcoin economy or it's network, hacking, theft and a host of other risks that are completely unknown. If you only have a small investment, then higher risks are often necessary to realize sufficient profits unless you have a long term strategy. If you want to earn a quick and respectful profit then you will likely have to except the risk that you will lose your investment in part or entirely. If you want to build a nest egg for the future, then investments that offer slow returns are safer. It may be best if you invest in proven and well established investments. SolarWind is a start-up investment company, although we have the best of intentions, there is more risk involved when investing in any start-up. If you are considering investing with SolarWind, you should be aware that if you choose the slower, long term investment options, you are not likely to earn much more than you would with any other investment company that has already been proven reliable. If you do choose to invest in SolarWind's slower returns options, your investment funds will likely be safe because we use the majority of investment funds to purchase mining hardware. So there is a tangible product that has been proven to produce returns for investors, namely the mining hardware, that you will be able to rely on. As long as Bitcoin mining is a profitable venture, your risk with SolarWind as a start-up is only slightly higher than anywhere else. If you choose to invest in SolarWind, know that SolarWind will invest in you, and thank you for your faith and trust in us.) Terminology and definitions: Double Return On Investment (DROI) - Meaning implied Hardware Purchase Cycle (HPC) - The buy-in period preceding the purchase of specific hardware. The intended hardware to be purchased may change due to price and availability changes. The changes could be positive, such as new hardware is available sooner, or is cheaper, more powerful or all of these. OR, changes could be negative, and due to failure of the manufacture to produce the hardware in a timely manner, scams, ROI on hardware intended to be purchased is no longer possible or will take far to long to be feasible, hardware price increases and additional funds are needed or a number of unknown factors. RollOver Option (ROO) - Re-investment, no outlay of funds are made until a target amount is met. Overages - Amounts above the selected target amount Simple Version - The Contract holder chooses their payout amount (see details for each Contract Option.) The funds deposited are Rolled Over (re-invested) until the target amount is met, then a payout is made. If their are overages (amounts over the target amount) then the overage amount is converted into BitShares. ROO Options:
Hold for contract ORDer (HORDer) - An order to hold investment funds for the purpose of buying a Contract HORDer Options:
10% deposit bonus - The 10% bonus is not part of the ROO but is added to the outlay.
Standard Contracts:
Founders Contracts:
I am instituting an escrow account with SabastianJu for funds that are designated for hardware purchases. The funds deposited in the escrow account must be in multiples of 0.5 BTC. All funds deposited into the escrow account will be considered to be Standard Contract purchases unless the Founders Contract terms are met. Any overages (amounts under 0.5 BTC) or deposits under 0.5 BTC that are deposited into the escrow account will be converted into BitShares. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 07, 2013, 09:20:22 AM I have updated the OP.
https://bitcointalk.org/index.php?topic=297334.0 Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: tautvilis on October 07, 2013, 04:49:36 PM Hello everyone,
I have one question, about starting everything. So what i need to do? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ranlo on October 07, 2013, 05:54:26 PM Hey guys, just checking in as one of the first 100, :).
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Atruk on October 07, 2013, 08:50:11 PM I believe on your forum there was a post titled "dafuq has the nerve for this! (http://solarwindmining.com/accountsforum/index.php?topic=19.0)"
In the spirit of sharing, education, and "FREE PUBLICITY" I would like to offer a response to the inquiry posed: Re: dafuq has the nerve for this! (http://www.thedrinkingrecord.com/2013/10/07/re_dafuq_has_the_nerve/) You all have a pleasant day. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 07, 2013, 10:45:21 PM I believe on your forum there was a post titled "dafuq has the nerve for this! (http://solarwindmining.com/accountsforum/index.php?topic=19.0)" In the spirit of sharing, education, and "FREE PUBLICITY" I would like to offer a response to the inquiry posed: Re: dafuq has the nerve for this! (http://www.thedrinkingrecord.com/2013/10/07/re_dafuq_has_the_nerve/) You all have a pleasant day. Dr. Jekyll(Artuk), meet Mr. Hyde(MPOE-PR) How many other alts do you use? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: flyboy on October 07, 2013, 10:57:01 PM I was thinking about investing with you guys, but after reading these 4 pages, I'm lost. WAY lost...
My brain hurts trying to figure it all out.. If I invest the same amount of money as one of the first 100 investors, he get's 30% more than me?? This is way confusing. Maybe you would have better luck with some bullet statements. The only thing I see here that I understand is that you spent some money on Cointerra equipment. ??? ??? Shoot me a PM if you want, but at this point, I'm lost. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Atruk on October 07, 2013, 11:01:27 PM I believe on your forum there was a post titled "dafuq has the nerve for this! (http://solarwindmining.com/accountsforum/index.php?topic=19.0)" In the spirit of sharing, education, and "FREE PUBLICITY" I would like to offer a response to the inquiry posed: Re: dafuq has the nerve for this! (http://www.thedrinkingrecord.com/2013/10/07/re_dafuq_has_the_nerve/) You all have a pleasant day. Dr. Jekyll(Artuk), meet Mr. Hyde(MPOE-PR) How many other alts do you use? I chat and blog as BingoBoingo, and use the forum as Atruk because I didn't come up with the BingoBoingo name yet (I originally picked it as a throwaway for testing the waters on IRC). I assure you that MPOE-PR is a different person, in a different country. I am kind of flattered you would confuse my writing for hers, though I am disheartened you would would assume malice is the goal here rather than education. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BRADLEYPLOOF on October 07, 2013, 11:30:05 PM I believe on your forum there was a post titled "dafuq has the nerve for this! (http://solarwindmining.com/accountsforum/index.php?topic=19.0)" In the spirit of sharing, education, and "FREE PUBLICITY" I would like to offer a response to the inquiry posed: Re: dafuq has the nerve for this! (http://www.thedrinkingrecord.com/2013/10/07/re_dafuq_has_the_nerve/) You all have a pleasant day. I apologize for the outburst. The blog you stumbled upon is actually my personal blog and has nothing to do with SolarWind mining aside from calling the name up on the page itself. I haven't written on it in a while because I've been far too busy with my life. In fact I haven't been posting or doing anything on the internet in the last week because I've been moving and working. The internet is a strange and squirrelly place where you are only who you say you are and only the most adept can truely ascertain the real name and location of any individual user. And the only way to prove you are who you say you are is by convincing everyone that you are said person. Of you want to know anything about be feel free to PM me and just ask. I don't play games and I am 100% open. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Deprived on October 07, 2013, 11:58:30 PM I was thinking about investing with you guys, but after reading these 4 pages, I'm lost. WAY lost... My brain hurts trying to figure it all out.. If I invest the same amount of money as one of the first 100 investors, he get's 30% more than me?? This is way confusing. Maybe you would have better luck with some bullet statements. The only thing I see here that I understand is that you spent some money on Cointerra equipment. ??? ??? Shoot me a PM if you want, but at this point, I'm lost. The numbers don't have to make sense - it's a ponzi scheme. I'm been generous there - as the alternative to them scamming is that they're really fucking stupid and don't understand how mining works (and that miners currently being sold won't even break even, let alone make 150% profit in 6 months). Of course I could be wrong (it's not unknown - just rare) and they may be award-winning retards. In which case please accept my apologies for not creditting them with a level of stupidity beyond my comprehension. Though I'd want to see actual certificates before believing someone could genuinely believe you could make 150% from buying mining hardware and using it at current prices - as that's a few SDs away from the levels of idiocy that you'd expect to see in a random sample of idiots. Either way your BTC are far better off in your wallet than in theirs. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 08, 2013, 05:15:23 AM The numbers don't have to make sense - it's a ponzi scheme. I'm been generous there - as the alternative to them scamming is that they're really fucking stupid and don't understand how mining works (and that miners currently being sold won't even break even, let alone make 150% profit in 6 months). Warning: I will not allow any further abusive language. If you want to say something you can do it with a greater level of respect than you have shown here.Of course I could be wrong (it's not unknown - just rare) and they may be award-winning retards. In which case please accept my apologies for not creditting them with a level of stupidity beyond my comprehension. Though I'd want to see actual certificates before believing someone could genuinely believe you could make 150% from buying mining hardware and using it at current prices - as that's a few SDs away from the levels of idiocy that you'd expect to see in a random sample of idiots. Either way your BTC are far better off in your wallet than in theirs. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 08, 2013, 05:20:13 AM I was thinking about investing with you guys, but after reading these 4 pages, I'm lost. WAY lost... My brain hurts trying to figure it all out.. If I invest the same amount of money as one of the first 100 investors, he get's 30% more than me?? This is way confusing. Maybe you would have better luck with some bullet statements. The only thing I see here that I understand is that you spent some money on Cointerra equipment. ??? ??? Shoot me a PM if you want, but at this point, I'm lost. OK flyboy, I'll PM you something. Maybe you can help, I thought this version was easier to understand than the last version, so you might be able to help me clear this up for others as well. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 08, 2013, 03:42:17 PM Hello everyone, Hi tautvilis,I have one question, about starting everything. So what i need to do? Visit This Link (http://solarwindmining.com/accountsforum/index.php?topic=41.msg105#msg105) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: kakobrekla on October 08, 2013, 05:47:47 PM Scam, move along.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 08, 2013, 09:59:37 PM Scam, move along. Btw I don't think MPOE-ER is a "she" I think its a "he" with a cute girl avatar. Pretty sure, might be wrong though :) Also, I signed up for this because you sound very intelligent from your responses and, who doesn't like a freebie? Btw, MPOE-ER never signed up, ever. You somehow included him/her against his/her will, even after he/she said no thanks explicitly. Now you're subsidizing his/her unwarranted share? Thats a bit odd. Anyway, there are two outcomes to this as I see it: You could possibly be a PRO scam artist OR an entrepreneur trying to start a business . Only time will tell for sure. Thanks AntiOps for your comments,...(OP: edited out non-relevant information) Maybe this will help you decide on your final comment. If I am intelligent, as you said you believe I am, then I could see no logic in conducting a scam. If I could successfully do so it would require a great deal of effort on my part. Such effort in fact, that I would likely put as much energy into conducting the scam as I would if I where doing this whole legitimately. So, again, what logic would there be in it. The rewards for a scam are limited and come with all sorts of nastiness. The rewards for doing this thing honestly are greater, longer lasting and have the fortunate quality of being emotionally satisfying. Time will tell, sort of, you must judge on your own. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 08, 2013, 10:19:08 PM You're a good drawer - though beautiful,... Thanks!...what you did is not a company logo. Depends on how rigid you define what a 'logo' is, even so, I think that you must have missed the part that say's 'Work In Progress,' n'est-ce pas (http://www.merriam-webster.com/dictionary/n'est-ce%20pas)? As for the rest of your business... you are way over your head... Perhaps, but I don't think you can tell so well from your perspective to be able make such an empirical statement. You don't know me nor what I am capable of so your opinion has a limited base. Although, I will keep your comment in mind as a cautionary one. Your replies also very seem childish - not in the good poofart way, but in the bad clueless way. A rather discourteous statement, was it meant to be or was it meant to be oddly constructive? Blame it on my ADD. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 09, 2013, 04:09:06 AM n'est-ce pas (http://www.merriam-webster.com/dictionary/n'est-ce%20pas) Not sure if linking to a dictionnary is necessary. Especially to a French guy ;)Quote [the rest] The thing is, it's your job to show where is the profit in this venture, and from what I see there is pretty much no chance of it.You can be sure of yourself, but this has no value to investors. I must admit that I am still working on how best to explain the plan of the company but in short - The company will not rely solely on bitcoin mining, instead the plan is to branch out. One of the goals is to promote bitcoin heavily, with the idea being that the more people who use bitcoin the higher its market value becomes. Beyond that are many possible ways to increase the income of the company and we are open to just about any bitcoin based opportunity and I have several new concepts that I will be pursuing. The bitcoin mining is mainly a launchpad for other opportunities. Profits will be slower in the beginning, but will increase as SolarWind diversifies. I am afraid that most of the issues you may be concerned about are the result of my nature. I am not the best at writing things down so I have to work extra hard at it when it needs to be done, so it takes longer. That being said, I will try to concentrate on the major issue that you raised and satisfy your concerns to complete satisfaction. And by the way, I have plenty of French ancestry and I love the wine! ;D Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BitThink on October 09, 2013, 04:16:54 AM BTC's price up or down does not affect a company's profit calculated with BTC itself. So the only one diversity you proposed does not work at all. Now it is very clear that you don't have any clearly defined business plan at all except mining. It is fine to be passionate, but one should really be careful if others' investments are involved. You have to clearly present what's the potential gain and risk. Being over optimistic to oneself is fine, but being over optimistic to others is not far from fraud.
BTW, the house in your photo is very risky to be used as a machine room. You need to pay a lot of attention in fire-proofing. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 09, 2013, 05:29:46 AM BTC's price up or down does not affect a company's profit calculated with BTC itself. This is a red herring, the only way this statement makes any sense is if one intended to use bitcoin as the only (or at least the primary) form of payment AND that there were a sufficient number of people who also lived off of bitcoin. And I mean LIVE off of bitcoin, you know, they work at a job that pays in bitcoin, pay their taxes with bitcoin, buy groceries with bitcoin and gasoline, movie tickets, cough syrup, toilette paper.... etc... The fiat value of bitcoin is the ONLY reason that ANYONE (mostly) mines for bitcoin at all, so you statement is baseless. Therefore, I disagree about the price up or down not being relevant. If I buy mining equipment for $9,500 and the value of 1 BTC is worth $10 with the same difficulty level as is today, I would be insane to think that it was worth it. To illustrate see this calculation (http://mining.thegenesisblock.com/a/c8e38db714). Now, if the value of bitcoin were to rise to $250 for 1 BTC then this calculation shows the difference (http://mining.thegenesisblock.com/a/0488fa33d2). You can't tell me, in all honesty, that this has no bearing on whether or not people mine bitcoin, which is the ultimate implication of your statement. So the only one diversity you proposed does not work at all. I think that you misunderstand the remark and I understand why, I did not place it well. The context makes it seem as though I was saying that I thought promoting bitcoin was some kind of diversification of business. I think if you revisit the comment and strip away the immediate context you would understand that I was saying that I want to promote bitcoin so that more people adopted it. If more people adopted it then the value would naturally rise, that would increase the fiat value for EVERYONE who holds bitcoin. Until (or unless) bitcoin becomes the global (or at least a national) currency, this is a valid way to increase ones holdings. It is offered as more of a support for the value of the investments rather than a profit earning ploy. Considering this information, your relevant statement is also baseless.Now it is very clear that you don't have any clearly defined business plan at all except mining. It would be more accurate to say that I do not have a clearly WRITTEN business plan and I addressed this in my previous post. I can understand your point and your frustration sense you are unable to read the thoughts in my head, so you can only rely on the information I have already released and can only ask me for better or further explanation. I know this is an issue and I am trying to address it, but, as I have stated it is not my strength and it is somewhat of a struggle for me. I am simply not a linear thinker, I am a multi-linear thinker and it is hard to reign it all in.It is fine to be passionate, but one should really be careful if others' investments are involved. You have to clearly present what's the potential gain and risk. Agreed. Keep in mind that a potential thing is not a guaranteed thing and the ultimate risk of ANY kind of venture is total failure. I think that you want specific numbers, that's something that I have been working on, yet any specific numbers I could provide would only be an evaluation of speculation. That being said, having specific numbers would help substantiate any claims as being at least reasonably possible, so I will continue to work on getting that out to everyone. Being over optimistic to oneself is fine, but being over optimistic to others is not far from fraud. That is not a clearly logical progression, it is an emotional statement meant to invoke a cautious response in others. That is not to say that I do not appreciate and understand why you would wish to express such emotional woes. But I must admit it is rather hurtful when people say such things with absolutely no grounds, but then again, I suppose that sense I have not released any comprehensive documentation, I should expect this type of response from some individuals. So the hurtfulness I feel is tempered with a good dose of empathy. I hope that you can tell that I am not so unreasonable and that I can balance my understanding of both sides of the issues. I hold no resentment towards anyone. BTW, the house in your photo is very risky to be used as a machine room. You need to pay a lot of attention in fire-proofing. Ah, now your showing your soft side. Your actually trying to be helpful. Thanks for the heads-up! :) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: tautvilis on October 10, 2013, 12:43:08 PM Forum isn't working or it's just me?
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: rigel on October 10, 2013, 12:46:40 PM Forum isn't working or it's just me? Same problem here Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 10, 2013, 08:24:08 PM Had a snafu with the forum files, I have restored the database and it is up and working again.
Do the forum a favor and start a thread! Thanks! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: tautvilis on October 11, 2013, 11:53:56 AM Hello everyone, Hi tautvilis,I have one question, about starting everything. So what i need to do? Visit This Link (http://solarwindmining.com/accountsforum/index.php?topic=41.msg105#msg105) Im one of the 100, but still can't get it, where can i find the bitshare account? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: dawo5010 on October 12, 2013, 02:06:09 AM Hello everyone, Hi tautvilis,I have one question, about starting everything. So what i need to do? Visit This Link (http://solarwindmining.com/accountsforum/index.php?topic=41.msg105#msg105) Im one of the 100, but still can't get it, where can i find the bitshare account? Hi, Your SolarWind company account has not been created as the website has not been coded yet, however, you're entitled to a forum account to participate in discussions. Just PM SolarWindMiningCompany and tell them that you're the first 100, and want an account, or follow the instructions here (http://solarwindmining.com/accountsforum/index.php?topic=40). -SolarWind Forum Moderator Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: nagaking on October 12, 2013, 04:45:24 PM Elsewhere it says:
"Members of The First 100 Club. If you haven't already, post a reply in The SolarWind Mining Company Official Thread and receive one Bitshare worth 0.001 BTC. If you have already post in the official thread you will receive the credit." Is this the place to post for that? If we invest in these purchasing rounds, do we only receive the coins mined by the specific hardware we funded, or do we all get shares of the full mining productivity of the country? I have to admit, I'm a bit confused. At first it appeared as though shares/contracts were for parts of the company, and now it appears they are for part of a particular piece of hardware. Can you please clarify this in relatively concise terms? Also, is the first purchase cycle for a "Jupiter KnCMiner" or a "CoinCraft Desk 1000"? You guys have posted conflicting information. Finally, when are these expected to arrive? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: nagaking on October 12, 2013, 04:52:02 PM Another question. Didn't you already post receipts for miners that you have already purchased? Why are we not investing in those but investing in hardware that is to be purchased? Will investors in the company receive payment from the pre-ordered hardware when it ships?
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: dawo5010 on October 13, 2013, 03:10:47 AM Elsewhere it says: "Members of The First 100 Club. If you haven't already, post a reply in The SolarWind Mining Company Official Thread and receive one Bitshare worth 0.001 BTC. If you have already post in the official thread you will receive the credit." Is this the place to post for that? If we invest in these purchasing rounds, do we only receive the coins mined by the specific hardware we funded, or do we all get shares of the full mining productivity of the country? I have to admit, I'm a bit confused. At first it appeared as though shares/contracts were for parts of the company, and now it appears they are for part of a particular piece of hardware. Can you please clarify this in relatively concise terms? Also, is the first purchase cycle for a "Jupiter KnCMiner" or a "CoinCraft Desk 1000"? You guys have posted conflicting information. Finally, when are these expected to arrive? In the first post: *Changed to CoinCraft Desk (1000) from Jupiter KnCMiner because it will arrive sooner and according to The Genesis Block it will be more profitable than the Jupiter KnCMiner The rest I'll leave to SolarWind to answer.Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 13, 2013, 11:16:14 PM I have received an email from bitmine and it's bad news for getting CoinCraft Desk miner earlier than the Jupiter KnCMiner.
As for the Cointerra pre-orders, refer to this post, (I have highlighted the relevant part of the statement) Founders Share funds offer a higher ROI (15-20%) than any other share type because of the higher risk to the shareholder. In addition to purchasing mining hardware, Founders Share funds provide SolarWind with funding for expansion and the daily operations of the company. The sale of Founders Shares is intended to be phased out when SolarWind matures and becomes financially solvent. Any Founders Shares held after the sales of Founders Shares have been phased out will remain valid and all terms of the share agreement will remain in effect. Founder Share funds are distributed thus - 2/3 of the share price (1 BTC) is placed into escrow and held there until the current Hardware Purchase Cycle is fully funded at which time the funds are released for the purchase of the mining hardware. 1/3 of the Founders share price (0.5 BTC) is remitted to the company and used as for the daily operational costs and for the expansion needed (infrastructure) to support incoming mining hardware (this includes the construction of mainboards for the Cointerra GoldStrike1 ASICs chips that are currently on pre-order) SolarWind will arrange an escrow account through SebastianJu (https://bitcointalk.org/index.php?action=profile;u=18640) for the 2/3rds (1 BTC) of the Founders Share price and the 1/3rd (0.5 BTC) should be sent to the shareholders individual deposit address that is provided when the shareholder first makes a request to purchase a share. It is the responsibility of the shareholder to place a reserve order for a Founders Share prior to sending the payment to the escrow account and then notify SolarWind when the deposit is made in both accounts and to provide documentation providing proof of both deposits. Standard Shares funds are 100% escrow. The same reserve method should be used as described in the Founders Share section. BitShares are 50% escrow and 50% operational funds. In order to save on transaction fees the shareholder should let SolarWind split the funds for the share holder and make the escrow deposit for them. The shareholder may still use the same reserve method as described in the Founders Share section. Escrow deposits will be processed when the total BitShare funds reach 5 BTC. I'm too newbie to understand the escrow staff ;D All of the shareholder will have to approve the payment when hardware arrives? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 13, 2013, 11:29:26 PM Current Shareholders our now earning bitcoin! The company has about 1GH/s currently mining, this is just the testing phase of some of our systems. We will continuously increase the hash rate as we get more equipment in.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 12:51:01 AM Have just increased the Company mining rate to 2.8GH/s
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 03:12:50 AM Company hash rate is now up to 3.8GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 04:12:43 AM Referral links are available, you will have to register (http://solarwindmining.com/accountsforum/anouncements/welcome-new-members/) on the company forum to get your referral link address.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 05:03:30 AM Company hash rate is now up to 5.4GH/s
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 06:04:26 AM We are now up to 6.5GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 06:23:29 AM Done! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: dawo5010 on October 14, 2013, 08:29:18 AM We are now up to 6.5GH/s. Awesome~ :D Keep up the great work. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 08:51:39 AM We are now up to 6.5GH/s. Awesome~ :D Keep up the great work. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ranlo on October 14, 2013, 09:55:03 AM We are now up to 6.5GH/s. Awesome~ :D Keep up the great work. Re: the hash rates... how do we know what this means to us? Like... how does that equate to our earnings based on the share types (Bitshare, Founder's, etc.)? Is there some kind of rolling log? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 12:44:57 PM We are now up to 6.5GH/s. Awesome~ :D Keep up the great work. Re: the hash rates... how do we know what this means to us? Like... how does that equate to our earnings based on the share types (Bitshare, Founder's, etc.)? Is there some kind of rolling log? I will be making announcements about the share portions. I am still working on getting automatic online notifications working. The IT guy I had working on that sort of thing quit so I have to learn to do most of that sort of thing myself, that is proving to be taking awhile. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 14, 2013, 11:50:50 PM We are now up to 6.65GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ASICSRUS on October 15, 2013, 02:27:00 AM where is this project/coinfarm located? ;D thanks!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 07:29:47 AM where is this project/coinfarm located? ;D thanks! Currently in Wichita Ks. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 07:36:36 AM Just added a little more capacity, now the company hash rate is up to 6.8GH/s. I can increase the hash rate by 1GH/s for every 0.22 BTC. This is a shared profit mining company, rather than selling shares based on hash rates, we sell shares that offer a share in the profits based on the total amount invested.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on October 15, 2013, 09:33:30 AM Just added a little more capacity, now the company hash rate is up to 6.8GH/s. I can increase the hash rate by 1GH/s for every 0.22 BTC. This is a shared profit mining company, rather than selling shares based on hash rates, we sell shares that offer a share in the profits based on the total amount invested. i have 2 ghash that i can use for my account that you made for me (the bitminter one), would that mean that i receive about 1/4 of the "profit" from the "shared profit mining company" at least until you or someone else adds more ghash that is Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ASICSRUS on October 15, 2013, 01:47:54 PM where is this project/coinfarm located? ;D thanks! Currently in Wichita Ks. lots of coins produced when the tornados keep happening! Tornadocoinzzz!!!weeeee :D Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 05:47:24 PM Just added a little more capacity, now the company hash rate is up to 6.8GH/s. I can increase the hash rate by 1GH/s for every 0.22 BTC. This is a shared profit mining company, rather than selling shares based on hash rates, we sell shares that offer a share in the profits based on the total amount invested. i have 2 ghash that i can use for my account that you made for me (the bitminter one), would that mean that i receive about 1/4 of the "profit" from the "shared profit mining company" at least until you or someone else adds more ghash that is Sort of, when you make a deposit under 0.5 BTC the funds are Rolled Over, that means that all the profits are re-invested into buying new hardware. The RollOver continues until the balance in your BitShare account reach a minimum of 0.5 BTC at which point you can cash out or purchase a Standard Contract. Or, you can let it stay and RollOver until it reaches 1.5 BTC, then purchase a Founders Contract. The ghash that you currently are contributing only fund your BitShare account, this is not part of the company mining activity, so all of the bitcoin that you generate is yours, its just that it is credited to you as an investment in the company. Your profits will come from the mining hardware that is purchased with your funds. One way to think of it is that if 100 people invest 1 BTC and the profits from mining equal 100 BTC, you then would divide the profit of 100 BTC by the total BTC invested, which in this example is 100 BTC. So, dividing the profit of 100 BTC by the total investments of 100 BTC we get this: 100/100 BTC or 1 BTC is outlaid to each investor who's BTC investment was used to purchase the given hardware. So your where very close to being correct. It is important to note that once your BitShare deposits have been outlaid, you no longer receive profits from the hardware unless you purchase a Standard or Founders Contract and select the RollOver Option (ROO) with the Slow Return On Investment (SROI) (http://solarwindmining.com/accountsforum/the-solarwind-mining-companies-investment-plan/the-solarwind-mining-company-investment-program/). If you select the ROO-SROI, you will not only earn dividends on the hardware your funds where used to purchase, but you earn dividends from the total hash pool of the company, that means from all of the mining hardware purchased with investor funds. Doing it this way protects the investor from an exponentially declining rate of return that occurs when you invest only in a set amount g-hashes. Which, by the way will turn into t-hashes, then p-hashes and beyond. That means that your g-hashes today will be worth absolutely nothing in the near future as they will in all hash based payment systems other investments. SolarWind believes that if an investor deposits funds to help build the company, then the investor should be rewarded with a portion the profits for as long as the company remains in business. lots of coins produced when the tornados keep happening! Tornadocoinzzz!!!weeeee :D Sounds like a fun altcoin, maybe we will develop that in the future. It could be used to purchase amusement park tickets! weeeee :DTitle: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 05:52:25 PM The company mining hash rate just passed 7GH/s!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ASICSRUS on October 15, 2013, 08:06:46 PM Just added a little more capacity, now the company hash rate is up to 6.8GH/s. I can increase the hash rate by 1GH/s for every 0.22 BTC. This is a shared profit mining company, rather than selling shares based on hash rates, we sell shares that offer a share in the profits based on the total amount invested. i have 2 ghash that i can use for my account that you made for me (the bitminter one), would that mean that i receive about 1/4 of the "profit" from the "shared profit mining company" at least until you or someone else adds more ghash that is Sort of, when you make a deposit under 0.5 BTC the funds are Rolled Over, that means that all the profits are re-invested into buying new hardware. The RollOver continues until the balance in your BitShare account reach a minimum of 0.5 BTC at which point you can cash out or purchase a Standard Contract. Or, you can let it stay and RollOver until it reaches 1.5 BTC, then purchase a Founders Contract. The ghash that you currently are contributing only fund your BitShare account, this is not part of the company mining activity, so all of the bitcoin that you generate is yours, its just that it is credited to you as an investment in the company. Your profits will come from the mining hardware that is purchased with your funds. One way to think of it is that if 100 people invest 1 BTC and the profits from mining equal 100 BTC, you then would divide the profit of 100 BTC by the total BTC invested, which in this example is 100 BTC. So, dividing the profit of 100 BTC by the total investments of 100 BTC we get this: 100/100 BTC or 1 BTC is outlaid to each investor who's BTC investment was used to purchase the given hardware. So your where very close to being correct. It is important to note that once your BitShare deposits have been outlaid, you no longer receive profits from the hardware unless you purchase a Standard or Founders Contract and select the RollOver Option (ROO) with the Slow Return On Investment (SROI) (http://solarwindmining.com/accountsforum/the-solarwind-mining-companies-investment-plan/the-solarwind-mining-company-investment-program/). If you select the ROO-SROI, you will not only earn dividends on the hardware your funds where used to purchase, but you earn dividends from the total hash pool of the company, that means from all of the mining hardware purchased with investor funds. Doing it this way protects the investor from an exponentially declining rate of return that occurs when you invest only in a set amount g-hashes. Which, by the way will turn into t-hashes, then p-hashes and beyond. That means that your g-hashes today will be worth absolutely nothing in the near future as they will in all hash based payment systems other investments. SolarWind believes that if an investor deposits funds to help build the company, then the investor should be rewarded with a portion the profits for as long as the company remains in business. lots of coins produced when the tornados keep happening! Tornadocoinzzz!!!weeeee :D Sounds like a fun altcoin, maybe we will develop that in the future. It could be used to purchase amusement park tickets! weeeee :D~~~coins generated by tornadoes go to tornado survivors imo that would be madcool! ;D ;D ;D ;D ;D ;D ;D ;D ;D ..if i only had a brainnnnn~~~ Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 10:32:06 PM ~~~coins generated by tornadoes go to tornado survivors imo that would be madcool! ;D ;D ;D ;D ;D ;D ;D ;D ;D ..if i only had a brainnnnn~~~ Word up+ Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 10:35:20 PM I have completed a detailed explanation of how layouts are structured, you can view the documentation here Details On Outlay per Share - How You Get Payed (http://solarwindmining.com/accountsforum/the-solarwind-mining-companies-investment-plan/details-on-outlay-per-share-how-you-get-payed/) The simplest version that I can offer is thus: A total of 100 BTC invested in a given HPC (Hardware Purchase Cycle), the mining hardware has generated a 100 BTC profit that is designated to be split in the Profit Sharing Pool for the given HPC. Total BTC invested = 100 BTC, Profit Sharing Pool = 100 BTC, so we divide Total BTC invested (100 BTC) by Profits from pool (100 BTC), or, 100/100 BTC = 1 BTC. Price of Founders Contract is 1.5 BTC, 1.5 BTC x 1 BTC = 1.5 BTC - So the credit per Founders Contract is 1.5 BTC Price of Standard Contract is 0.5 BTC, 0.5 BTC x 1 BTC = 0.5 BTC - So the credit per Standard Contract is 0.5 BTC The same process is used to determine the layout credits for BitShare Investments Depending on the Rollover options you choose you will see different layouts, to understand these terms thoroughly you should read the The SolarWind Mining Company Investment Program (http://solarwindmining.com/accountsforum/the-solarwind-mining-companies-investment-plan/the-solarwind-mining-company-investment-program/msg91/#msg91) I am changing the mining rig back to a Jupiter KnCMiner due to a negative email I have received from Bitmine. (No biggie, its just that Bitmine will not be able to deliver as was indicated to me previously) As a result the Share Count has changed. Additionally I have a local source of mining hardware, if you would like to start earning now I can increase my current hash rate by 1GH/s for ~ 0.18 BTC and it would only take me a few hours to aquire the mining equipment and get it running. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 15, 2013, 10:42:06 PM I will provide Escrow here. The Escrowaddress is: Code: 1B9yH8csiujoBSNjVPhgrZjdm7f27EXKFq When the needed amount is reached i will order the Miner with the target address provided by SolarWindMining. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 16, 2013, 01:11:42 AM I have increased the company mining hash rate to 7.16GH/s, slow but steady!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ASICSRUS on October 16, 2013, 02:32:52 AM I have increased the company mining hash rate to 7.16GH/s, slow but steady! so is it really wind/solar powered? 8) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 16, 2013, 02:52:24 AM I have increased the company mining hash rate to 7.16GH/s, slow but steady! so is it really wind/solar powered? 8) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ASICSRUS on October 16, 2013, 03:14:42 AM I have increased the company mining hash rate to 7.16GH/s, slow but steady! so is it really wind/solar powered? 8) what ? phase in nevermind lmao..zzz Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 16, 2013, 05:08:01 PM I now have the company mining hash rate up to 7.5 GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 18, 2013, 04:47:30 AM We are now mining at 8 GH/s. Once again, I have access to about 2 TH/s and can have it mining in just a matter of hours. I will give a 15% deposit bonus to anyone who invests at least 1 BTC! so come on, lets do it!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Atruk on October 18, 2013, 04:53:51 AM We are now mining at 8 GH/s. Once again, I have access to about 2 TH/s and can have it mining in just a matter of hours. I will give a 15% deposit bonus to anyone who invests at least 1 BTC! so come on, lets do it! How many usb slots are you using for that? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 18, 2013, 05:04:19 AM We are now mining at 8 GH/s. Once again, I have access to about 2 TH/s and can have it mining in just a matter of hours. I will give a 15% deposit bonus to anyone who invests at least 1 BTC! so come on, lets do it! How many usb slots are you using for that? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Atruk on October 18, 2013, 05:25:53 AM We are now mining at 8 GH/s. Once again, I have access to about 2 TH/s and can have it mining in just a matter of hours. I will give a 15% deposit bonus to anyone who invests at least 1 BTC! so come on, lets do it! How many usb slots are you using for that? It may be presumptuous on my part. I'd be worried though, because in the GPU/FPGA era 8 GH/s was near the lower bounds of what could be considered a mining farm. Mining at all is good, but what are you mining with? The not horribly priced Knc and Bitfury stuff or overpriced BFL and obsolete ASICMiner stuff. As you take investors you should probably offer this information. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 18, 2013, 05:48:41 AM That's more reasonable as a question. Most of what I have running right now is older hardware, but that's OK, I picked it up supper cheap and I don't have to pay for electricity for what I have running currently. What I have access to are Bitfury chips mounted onto custom boards. The seller wants to support the companies goal of going green so he is willing to part with some of what he has. Fortunately, he doesn't live that far from me so I can make a quick turnaround.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on October 18, 2013, 08:33:06 PM tried your site on multiple different network, and still nothing :( even on my smart phone on 4g its still not working, the site itself doesnt load, im getting response errors and bad gateways and what not
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 19, 2013, 02:10:20 AM tried your site on multiple different network, and still nothing :( even on my smart phone on 4g its still not working, the site itself doesnt load, im getting response errors and bad gateways and what not Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php Just checked the logs and they say you were logged in today. :-\ ??? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on October 19, 2013, 08:45:53 AM tried your site on multiple different network, and still nothing :( even on my smart phone on 4g its still not working, the site itself doesnt load, im getting response errors and bad gateways and what not Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php Just checked the logs and they say you were logged in today. :-\ ??? thats impossible, i havent even been able to see the site, let alone register and log on lol https://i.imgur.com/44aOnch.png this is what it shows when i try to access that link Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: ranlo on October 19, 2013, 09:03:40 AM tried your site on multiple different network, and still nothing :( even on my smart phone on 4g its still not working, the site itself doesnt load, im getting response errors and bad gateways and what not Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php Just checked the logs and they say you were logged in today. :-\ ??? thats impossible, i havent even been able to see the site, let alone register and log on lol https://i.imgur.com/44aOnch.png this is what it shows when i try to access that link Site is still loading fine for me. I've never had issues with it though. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: rigel on October 19, 2013, 11:08:51 AM Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php Your DNS zone contains no NS records. This is bad Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: qwertyqwerty on October 19, 2013, 11:52:42 AM Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php Your DNS zone contains no NS records. This is bad ::) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: dawo5010 on October 19, 2013, 04:18:10 PM Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php Your DNS zone contains no NS records. This is bad ::) Works fine for me, on OpenDNS. Try switching? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 19, 2013, 09:04:28 PM Trying to resolve website issues, not sure what the problem is but I am researching it. Suggest changing you DNS service to OpenDNS which seems to work fine.
The company mining hash rate is now at 8.5 GH/s Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: rigel on October 20, 2013, 12:36:03 AM Please, have a look at: http://www.intodns.com/solarwindmining.com
You must add these lines to DNS zone: solarwindmining.com. IN NS ns1.2freehosting.com. solarwindmining.com. IN NS ns2.2freehosting.com. solarwindmining.com. IN NS ns3.2freehosting.com. solarwindmining.com. IN NS ns4.2freehosting.com. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 20, 2013, 01:58:45 AM Please, have a look at: http://www.intodns.com/solarwindmining.com AHH!! Found the issue. I recently made a few changes, although I thought I had taken all the steps I needed, I forgot one. Thanks Rigel, I had changed my NS settings when I made my changes (but not in the correct place), you pointed me in the right direction though.You must add these lines to DNS zone: solarwindmining.com. IN NS ns1.2freehosting.com. solarwindmining.com. IN NS ns2.2freehosting.com. solarwindmining.com. IN NS ns3.2freehosting.com. solarwindmining.com. IN NS ns4.2freehosting.com. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on October 20, 2013, 07:43:13 AM it worked :)
and then it broke :( at least i registered this time :D Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: mrMIGHTY on October 20, 2013, 06:53:31 PM What's the divident of 1.5 BTC bi-weekly?
I'm planning to jump on this rocket! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 21, 2013, 08:35:19 AM What's the divident of 1.5 BTC bi-weekly? Thanks for your interest,I'm planning to jump on this rocket! The SolarWind Mining Company believes that the investor should have the right to decide what kind of return on their investment they receive. To support this idea there are different options that the investor can make when they are considering buying SolarWind Mining Shares. First the investor must make a selection on what type of investment they wish to make, either a long term investment with a dividend or a short term investment with no dividend, then the investor can decide what kind profit they want to earn. Sense you are inquiring about the return on the amount of 1.5 BTC, I will forego an explanation of how BitShares work but instead I will discuss how Standard and Founders Contracts work. For each of these Share types the investor can choose a return between a given range, for a long term investment the profit range is between 5% and 100%, for the short term investment the rang is between 50% and 100%. To make a 5% return on an investment a target amount that reflects a 5% profit would be selected and for a 15% return, the appropriate target amount would reflect a 15% profit. Example: For a 1.5 BTC investment with a 5% return a target amount would be selected like this, 1.5 BTC x 105% or 1.575 BTC and for 15%, 1.5 BTC x 115% 1.725 BTC. For the short term investment, which has a minimum 50% ROI, we RollOver all profits until they have earned the selected target amount, an outlay is made and the contract is complete there are no further outlays. For the long term investment, there is a dividend of 15% of profits and 85% of profits are placed in a RollOver until the total payments equal the target amount (this is done bi-weekly.) After the target amount has been reached the investor continues to earn a dividend from the general Share Pool. The dividend is based on the total number of Shares and the purchase amount for each Share. For 1.5 BTC a Founders Contract can purchased which entitles the investor to an additional dividend (even if the short term option which does not offer a dividend was selected.) The additional dividend is a portion of 25% of company profits, each portion is determined by dividing 25% of company profits by the total number of all Founders Contract positions, each Founders Contract that an investor controls receives an equal portion from the 25% profit pool. Because our Investment model is based on the idea of Rolling Over profits until a desired return is earned and not on the hash rate that the investment was used to purchase, there is noway to predict the actual amount of future dividends. The benefit to the investor is that their potential profits are not limited by a set hash rate that becomes less valuable because of the increasing difficulty level. To understand the way investment returns are structured in detail, please visit this link The SolarWind Mining Company Investment Program (http://solarwindmining.com/accountsforum/index.php?topic=31.0) I hope this addresses your question, again thanks! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: epg on October 22, 2013, 03:06:34 PM The site is throwing a CloudFlare 520 error. Was working fine yesterday.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 22, 2013, 03:18:11 PM Sorry for not updating sooner, I have been working on the website design and that has been taking allot of my time away from my other activities for the company. The company hash rate is now at 9 GH/s. The site is throwing a CloudFlare 520 error. Was working fine yesterday. This has nothing to do with what I have been doing, the server is having issues. It seems to happen periodically, I have sent an email to the provider asking them to resolve the problems. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Vagnavs on October 22, 2013, 03:51:53 PM The company hash rate is now at 9 GH/s. 9 GH/S. Is that in misprint? Or 9 TH/S. Nevermind, website, is all messed up regards Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 22, 2013, 04:32:46 PM The company hash rate is now at 9 GH/s. 9 GH/S. Is that in misprint? Or 9 TH/S. Nevermind, website, is all messed up regards I just checked the website and it is working fine, as I stated, there have been periodic issues on the server side and I have contacted the hosting service and asked them to resolve the issues ASAP. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Korbman on October 22, 2013, 09:32:31 PM I've been talking with BradleyPloof (turns out he works just down the road from me!) and he asked that I address a few issues, as well as give any insight I can. I've done this for a number of "businesses" that have popped up in the 'Securities' section, as have quite a few others (Deprived included). We are by no means experts, but we've been around the block enough times to know what works and what doesn't. Let's see if we can make this work!
I'll start off by saying that I like the idea. It's interesting and unique, and I can't say I've seen anyone else try it before (though there is a reason for that). With that in mind, I've got a few questions: 1) Who are you, exactly? 2) What State is your company registered in? 3) Where is the business plan for all this? I appreciate that Bradley is working on the first draft, but as the head of the company isn't that something you should have already completed prior to announcing here? 4) Are there any financial projections for this venture? This sort of documentation would help demonstrate your understanding of the Bitcoin network, how it grows, where the 100TH/s will fit in, and revenue/expenses generated as a result (just to name a few aspects). I figured we can start off light with these four questions and work from there. :) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Vagnavs on October 22, 2013, 09:34:53 PM http://screencast.com/t/NHL89M8a.
that is what I'm talking about. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 23, 2013, 01:42:36 AM I believe the server issue has been resolved.
@Korbman: Fair questions, I will work on an answer for you. I will take my time so that can I make sure it is correct. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 23, 2013, 01:44:57 AM I have added another half Gh/s, the company is mining at 9.5 GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 24, 2013, 01:26:36 AM The companies hash rate has risen to 11 GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 26, 2013, 03:53:46 AM The companies hash rate has risen to 12 GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 26, 2013, 04:20:53 AM Just a few stats I thought I would share:
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on October 26, 2013, 09:44:36 AM Just a few stats I thought I would share:
i do like it :) although it might take a bit longer, could you use this from now on :O? (every time you get more hardware that is) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Korbman on October 29, 2013, 09:48:05 PM @Korbman: Fair questions, I will work on an answer for you. I will take my time so that can I make sure it is correct. I'll be honest here - the inability to answer straightforward "who are you" type questions, especially over the course of 5 business days and a weekend, is typically an early death knell for aspiring entrepreneurs. :-\ Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Atruk on October 29, 2013, 11:22:38 PM @Korbman: Fair questions, I will work on an answer for you. I will take my time so that can I make sure it is correct. I'll be honest here - the inability to answer straightforward "who are you" type questions, especially over the course of 5 business days and a weekend, is typically an early death knell for aspiring entrepreneurs. :-\ Pretty much this. Especially when operating pseudonymously and without established reputation. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: rigel on October 30, 2013, 01:39:20 AM Any way to trade/donate/exchange shares between shareholders?
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 30, 2013, 08:02:46 AM @Korbman and Atruk,
I have had pneumonia over the past several days so trying to keep up with everything has been difficult. @rigel, I can handle any type of exchange or I can do a buyback (that offer is limited to special circumstances only.) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on October 31, 2013, 04:09:19 PM The company hash rate is now 57 GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BRADLEYPLOOF on October 31, 2013, 04:41:26 PM The company hash rate is now 57 GH/s. WAHOO!!! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 01, 2013, 08:34:47 AM The company hash rate is now at 59 GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 04, 2013, 01:25:43 AM I have added a 'Earnings Live View' table to The SolarWind Mining Company Forum (http://solarwindmining.com/) allowing everyone to see the earnings performance of the companies mining operation.
Enjoy! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 08, 2013, 06:07:10 PM Ok, so I had a few hardware issues. I now have the hash rate at ~43 GH/s which is 20 GH/s less than it was. I am attempting to regain the previous hash rate. I will keep you informed of the status when there are notable changes.
Thanks! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 08, 2013, 10:19:23 PM With the price of Bitcoin being at an all-time high of over $350 ;D I think it is a good time to make our move on hardware purchases. To encourage investment, I am offering Founders Contract status to every BTC investment made today no matter the amount! I will also give a 15% deposit credit for all investments and 20% of all hashing power will be dedicated to pure outlays (each investor will get an even amount of 20% of generated bitcoin based on their total BTC investment.) To summaries: Every investor will receive a 15% credit in their account and Every investor will get a portion of 25% of the companies profits. I need to raise 250 BTC for an early Dec. Terraminer preorder for 10 TH/s + 19 BTC for the current Jupiter KnCMiner HPC. This offer is only good at the ~ $300 BTC exchange rate, if the price falls to far I will have to adjust the totals. Send your investment to the following address: 1M3r6h9rURQdvfoX9i37mNgjw4BNpYmbqP Then send me an email at info@solarwindmining.com, include the transaction ID and your BTC address in the email. Don't worry about what kind of options you want for your share position, I will honor any request you wish at anytime you decide, this way we can take advantage of the current price of BTC and not waste time on other things that can easily be worked out. Time is of the essence, this kind of opportunity may not come around again for months... SO LETS USE IT TO OUR ADVANTAGE NOW!!! I have added an easy payment and signup form to the company forum. Click Here! (http://www.solarwindmining.com/) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 10, 2013, 08:24:39 PM Thought I would share with all of you an article that is my primary motivation for starting this company. This guy's prediction (although not surprising) was spot-on-accurate, but that is not why it inspires me. What inspires about the article is the insight into not just what the future would hold but the unique perspective as to why it would progress the way it indeed has.
The main focus of The SolarWind Mining Company is to addresses the section of the article that starts with the following and proceeds into the next three paragraphs. It is these disadvantaged people that I want to help, There will always be disparity between classes in wealth, thats just the nature of life... I hope you enjoy the article.Hello fellow MineCoinians, I am a true believer in the pure and honest morality of freedom and even though I am fairly new to the crypto-currency community I am very excited about the ultimate potential of the BTCitcoin ideology. Though I hold no religious theology as true and absolute, I do believe that man has, over the eons, collected a great deal of wisdom and that wisdom is most often found in the various religious text of history. One of the most quoted religious phrases from the hebrew and christian bible is that 'money is the root of all evil.' You most likely have heard this phrase many times before, but that phrase does not exist. What is actually written is that 'the LOVE of money is the root of all evil.' It is this fragment of ancestrial wisdom that I wish to bring to light so as to address the logic behind my assertion. Decentralization, the very foundation of the Bitcoin ideology, is at serious risk of annialation. First and foremost I want to be honest about what brought me to this moment in my life. I am a college student studing for a double major (computer enginering and physics) and working towards an eventual PHD. Because of past mistakes I have serious financial trouble so holding a job wouldn't be worth it after creditors and uncle Sam take their cut from my paycheck. I was searching online for a way to make an income that would not take to much time away from my studies when I came across bitcointalk.org. I immediately downloaded and installed bitcoin-qt and the bitminter client and fired up my GTX690. After some days passed it became apparent that it was going to take awhile to make very much money at all so I started to research my options. This research of course revealed the world of FPGA mining rigs and the latest holy grail of miners... the ASICs rig. At that point I became very discouraged, not so much because FPGA and ASICs hardware was too expensive and out of reach, but that FPGA and ASICs hardware was too expensive and out of reach for me in my situation. This fact is the critical link that enduced my awarness of the major point I wish to make in this article. I did alot of brainstorming trying to figure out a way to improve my situation and I came to one inevitable conclusion, I cannot do it alone. The best option I could imagine was to set up a special mining pool just for raising funds to build/purchase an ASICs mining farm soley to provide all the mining participants in the pool with their own ASICs rigs. This is another key to my argument, as I conducted my research on mining pools I became highly aware of the negative impact that a scarce supply of ASIC mining hardware will have. There will always be disparity between classes in wealth, thats just the nature of life. Bitcoin mining has offered a more level playing field because with careful planning and proper financial structuring an individual could start a small mining venture and grow that effort and diligence into operating rigs that have a respectful hashrates. ASICs technology threatens the balance that has exists untile now because it is disruptive to this level playing field. Those who can afford to pay a premium to adopt ASICs hardware early have such a massive hashing advantage that even the advantages of the best FPGA setup will rapidly evaporate as difficulty levels rise at a sudo exponential rate. This leaves the FPGA miners scrambling for extra FPGA units and trying to squeeze out every last drop of effency from their FPGA setup. The run on ASICs and FPGAs raises their prices and causes an increasingly diminished supply of ASICS and FPGA units. GPU miners tend to be the types of people that have limited resources, dual purposing by using their rigs for example; gaming and mining, or are trying to earn enough coin to upgrade to better mining rigs. Humble GPU mining can still be (to an ever decreasing extent) vaible for some miners and a few short months ago had pretty decent hashrates but not for much longer. The GPU miners are rapidly being left out in the deep, cold emptiness of crypto-mining space with warp drives that are failing because of a quantum shift in the alternate laws of mining physics. GPU miners are further disparaged by the scarcity and rising prices of FPGA and new ASIC hardware. GPU miners generally cannot afford or cannot aquire the hardware to upgrade. This furthers the class divide between GPU miners and those who can afford to pay a premium and adopt ASICs hardware early and the FPGA miners who are able to keep up and eventually transition to ASICs hardware. By the time the few remaining GPU miners are able to upgrade, many of them may never be able to catch up, mostly due to the hardware requirements making mining feasible have continued to increase at a sudo exponential rate without their participation. To further the STAR TREK analogy, these straggling GPU miners will be droped from the warp conduit simply because they ran out of antimatter while trying to catch up to bigger, faster and more advanced starships leaving them disparagingly adrift forever in the sameness of space as the disenfranchised GPU miners that preceded them. This is the type of situation that has historically given rise to desperate levels of poverty in ordinary societies, it is simple economics coupled with human self protectionism. A digital future is our worlds destiny and whether or not bitcoin will survive far into that future is irrelevant, but the conduct of the bitcoin community will greatly influence the nature of humanities destiny within that future and is instrumental in laying the foundation for what kind of society humanities future is built on. So how we, the bitcoin community, behave during this transitional shift has profound significance for the quality of life of future generations. The question I pose to you is this; are we, at this profound and criticle moment in history, going to perpetuate the blind sins of the past because of short sighted self preservationizm and greed (https://bitcointalk.org/index.php?topic=208507.msg2434715#msg2434715) or are we going to create a revolution in the human condition for the benifit of all of man. The core principle of Bitcoin ideology is the decentralization of currency, and for what pupose? We all know the answer to this question. It is because we all know the evil that men drunk with power will do to his very own blood let alone what he would do to you. But what do you think it means if crypto-coin mining becomes just another resource that only rich corporations can afford to harvest? How different do you think that this situation will be from the way things are now, or the way things have always been? Once a viable crypto-currency is embedded into a culture it becomes no different than any other essential resource and is subject to the same jurisdictions. If crypto-mining is only available to an elite group of wealthy individuals, then it becomes subject to the concerns of the elite. History shows us that elitist tend to be unfair, greedy self preservationist who are susceptible to and often the very architects of political pressure. Ask yourself this question and answer yourself honestly. If you had invested years of your life mining a substantial amount of bitcoin wealth and suddenly you find yourself faced with the decision to either protect the principles behind Bitcoins Ideology and loosing all the wealth you had worked so long to acquire or forsaking the ideology of Bitcoin and keeping all your acquired wealth, minus some taxes and fees, knowing that you'll likely live well the rest of your life, what would YOU do? Again, history shows what most people would do, its a simple matter of self preservationizm. This is why decentralization is so critical. I think we all agree that we do not want the situation to get to that point, but that is the course it is presently taking and only together can we stop this decent of such a noble endeavor. So what is it that we can do? In many respects the solution is simple in concept, its the execution thats more challenging. The hardest element to overcome is at the core of the human instinct to survive, and that is the instinct of self preservation. This instinct is of course very strong and because human beings are intellectual creatures this instinct is often triggered when our ideas or sense of self are in intellectual danger even though our bodies or lifes may not be. This is the major cause of human irrational behavior. So for the sole sake of logic it stands to reason that if smaller and smaller groups continue to control larger and larger portions of a finite pool of resources then you either must exponentially increase the quantity of the reasources or you must equalize the method of gathering the resources to a broader group of people. Fortunately in this case the resource is a fabrication of man. So with that being said, lets open this up for discussion... I release it to the floor... ________________________________ The bureaucratic mentality is the only constant in the universe. -Dr. McCoy, Star Trek IV: The Voyage Home Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Grous1987 on November 10, 2013, 09:58:01 PM Hello!
This seems interesting. Is there a business plan available that I can read? I haven't been able to get much detail off your website or this thread :-\ Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 11, 2013, 01:57:12 AM Hello! This seems interesting. Is there a business plan available that I can read? I haven't been able to get much detail off your website or this thread :-\ Ah.. Alas... the dreaded "business plan" question. I have to confess that I am not the best at the traditional methods of organization or concisely writing things down in an organized manner, I think this is mainly due to my personality type (I am an INTP1 from The Myers Briggs Catalog of Personality Types.) I have a professional writer working on the document but they are held up by my busy schedule. Most of what will be in the business plan can be found on The SolarWind Mining Company Forum (http://solarwindmining.com/accountsforum/) but I am slowly but surely working to improve access to investor information. 1More information about The Myers Briggs Catalog of Personality Types: To understand yourself better visit myersbriggs.org (http://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/the-16-mbti-types.asp) To understand the INTP better visit these links: INTP - The Engineer (http://welcometo-planethell.tumblr.com/post/40127504365/intp-the-engineer) Common INTP problems (http://personalitycafe.com/intp-forum-thinkers/101414-common-intp-problems.html) INTP - the architect (http://www.truity.com/intp) The INTP Experience (http://www.intpexperience.com/) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on November 11, 2013, 03:17:25 AM Hello! This seems interesting. Is there a business plan available that I can read? I haven't been able to get much detail off your website or this thread :-\ Ah.. Alas... the dreaded "business plan" question. I have to confess that I am not the best at the traditional methods of organization or concisely writing things down in an organized manner, I think this is mainly due to my personality type (I am an INTP1 from The Myers Briggs Catalog of Personality Types.) I have a professional writer working on the document but they are held up by my busy schedule. Most of what will be in the business plan can be found on The SolarWind Mining Company Forum (http://solarwindmining.com/accountsforum/) but I am slowly but surely working to improve access to investor information. 1More information about The Myers Briggs Catalog of Personality Types: To understand yourself better visit myersbriggs.org (http://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/the-16-mbti-types.asp) To understand the INTP better visit these links: INTP - The Engineer (http://welcometo-planethell.tumblr.com/post/40127504365/intp-the-engineer) Common INTP problems (http://personalitycafe.com/intp-forum-thinkers/101414-common-intp-problems.html) INTP - the architect (http://www.truity.com/intp) The INTP Experience (http://www.intpexperience.com/) id fall into the ISFP category :B Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Grous1987 on November 11, 2013, 03:54:47 AM Ah.. Alas... the dreaded "business plan" question. I have to confess that I am not the best at the traditional methods of organization or concisely writing things down in an organized manner, I think this is mainly due to my personality type (I am an INTP1 from The Myers Briggs Catalog of Personality Types.) That's a fancy way of saying "disorganized" and "unprepared" :P though I'm the same way :D I much prefer free spirited operations anyway, which is what drew me in to SolarWinds to begin with :) I saw that your based in Kansas, which is awesome! Where is your office located? I may stop by to see how things are progressing and talk bitcoin. I'll be travelling through Kansas City, Topeka, and Wichita on business all through this month. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 11, 2013, 06:12:45 PM That's a fancy way of saying "disorganized" and "unprepared" :P though I'm the same way :D Disorganized? That depends on what you consider to be organization, I prefer to think of it as being highly adaptable while keeping the goal in mind. Imagine a football player believing that he is going to run straight to the end zone and score without having to adjust his path for obstacles or for any kind interference. Now that wouldn't work very well would it, he would have to adapt to ever changing conditions all the while striving towards his singular goal.I much prefer free spirited operations anyway, which is what drew me in to SolarWinds to begin with :) I saw that your based in Kansas, which is awesome! Where is your office located? I may stop by to see how things are progressing and talk bitcoin. I'll be travelling through Kansas City, Topeka, and Wichita on business all through this month. Unprepared? I may not have specific actions planned for certain unknowns, but because I am adaptable I am always prepared to deal with what ever comes. I just don't do things the traditional way. If I tried to do things the traditional way, I would never get anything done, EVER. I suffer from what is called 'paralysis of analysis.' If I focus to highly on any one subject, I end up lost in a sea of too many unknown factors and I cannot make a decision on what actions to take. So for me, it is best not to plan to heavily. I know what I need to accomplish and everything I do is to that end. As for a personal meetings I will have to know more about who I am meeting with, otherwise I am not opposed to a meeting with anyone. Send me a PM with your bio and I will see what I can workout with you. The office is not really in use atm, so I am operating out of my home. As for now, so everyone knows who I am, my real name is James Tate and I live in Wichita, KS. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: Grous1987 on November 11, 2013, 10:14:25 PM Ha Relax! I was just kidding with you :) We all have our shortfalls, there's no need to be defensive about them :D
Anyway, I'm a broadcast/sound engineering technician ..a fancy way of saying I work behind the scenes on radio stations to make sure things work well. I've consulted for local tv stations as well (I live near Seattle, WA), but mostly just radio. And I didn't know you didn't have an office space yet, my bad. I don't want to bother you at your home! Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 11, 2013, 11:38:17 PM The SolarWind Mining Company has mined 0.971841 BTC total based on a total investment of 6.56 BTC. That means that the total return on investment in the last 35 days is nearly 15%. Not bad, not bad at all. It would be even better if we hadn't had the hardware issues and lost 20+GH/s.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BitThink on November 12, 2013, 02:35:24 AM The SolarWind Mining Company has mined 0.971841 BTC total based on a total investment of 6.56 BTC. That means that the total return on investment in the last 35 days is nearly 15%. Not bad, not bad at all. It would be even better if we hadn't had the hardware issues and lost 20+GH/s. If the network hashing rate keeps increasing at current speed (double every month), you can only mine 2 * first month return. Even it stops increasing after 6 months, you get 1 + 0.5 + 0.25 + 0.125 + 0.0625 + 0.03125 = 1.96875 * first month return < 30% = 1.95BTC. Then you get 0.03 BTC per month and the ROI will be (6.56 - 1.95) / 0.03 = 153.67 month. Do you think your hardware can survive 12 years? Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on November 12, 2013, 05:31:13 AM The SolarWind Mining Company has mined 0.971841 BTC total based on a total investment of 6.56 BTC. That means that the total return on investment in the last 35 days is nearly 15%. Not bad, not bad at all. It would be even better if we hadn't had the hardware issues and lost 20+GH/s. If the network hashing rate keeps increasing at current speed (double every month), you can only mine 2 * first month return. Even it stops increasing after 6 months, you get 1 + 0.5 + 0.25 + 0.125 + 0.0625 + 0.03125 = 1.96875 * first month return < 30% = 1.95BTC. Then you get 0.03 BTC per month and the ROI will be (6.56 - 1.95) / 0.03 = 153.67 month. Do you think your hardware can survive 12 years? the hardware could probably survive 12 years just fine, i have a desktop that is on 24/7 that is at least 9 years old, but anyhow, the current difficulty increases wont stay where they are, i expect them to start winding down at some point (down from 130% to 100% to 80% down to maybe even as low as 30-40%) Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BitThink on November 12, 2013, 06:04:54 AM I am already assume the difficulty will stop increasing after 6 months. Even being so optimistic, it still takes 12 years to get ROI. Moreover, even this is realized, what's the point to invest 1 BTC, and gets 1 BTC back after 12 years?
If anyone think the network hashing rate will slow down very soon, maybe you can check this https://bitcointalk.org/index.php?topic=330665.0%26%2365289%3B, that's another huge batch of hashing power. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 12, 2013, 08:51:47 AM @BitThink,
I cannot argue with your reasoning, yet I must point out that your premise is based on the 'buy and mine' model. That is to say that your statement remains true only if one were to buy a miner and only consider the generated bitcoin as income. The SolarWind Mining Company uses a reinvestment model with added features. Earnings from mining are reinvested as rapidly as possible. The goal is to increase the companies total hash rate using generated funds rather than new investments to purchase additional hardware. Think along the lines of the old story about the child who negotiates his allowance with his father. There are many versions of the story, but it essentially goes like this: A father offers his son $2 a week as an allowance. The boy declines and tells his father that he wants to have an allowance starting with 1¢ the first day, 2¢ the second day, 4¢ the third day and so on, doubling the allowance each day for 30 days and then starting over on the 31st day with 1¢ and repeating the same process every 30 days. The father thinks this is a great idea believing that he is getting off real cheap with his sons allowance. After 7 days the boys father begins to realizes that he may not have gotten such a great deal after all when the amount he owes the boy reaches $64. The father hastily grabs a calculator and starts adding up how much he will owe the boy in 30 days. The grand total? $5,368,709.12! Needless to say the boy didn't get his wish for his allowance, but the boys father setup a college fund and sent the boy to get a degree in business finance and economics when the boy turned 18. My goal for the company is based on this concept, although it wont be as profound as the boys allowance, I am using the same principle. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 12, 2013, 09:33:48 AM Its official, The SolarWind Mining Company has passed its first milestone! We have mined over 1 BTC for a total of 1.00165619 BTC!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: BitThink on November 12, 2013, 10:31:50 AM @BitThink, I cannot argue with your reasoning, yet I must point out that your premise is based on the 'buy and mine' model. That is to say that your statement remains true only if one were to buy a miner and only consider the generated bitcoin as income. The SolarWind Mining Company uses a reinvestment model with added features. Earnings from mining are reinvested as rapidly as possible. The goal is to increase the companies total hash rate using generated funds rather than new investments to purchase additional hardware. Think along the lines of the old story about the child who negotiates his allowance with his father. There are many versions of the story, but it essentially goes like this: A father offers his son $2 a week as an allowance. The boy declines and tells his father that he wants to have an allowance starting with 1¢ the first day, 2¢ the second day, 4¢ the third day and so on, doubling the allowance each day for 30 days and then starting over on the 31st day with 1¢ and repeating the same process every 30 days. The father thinks this is a great idea believing that he is getting off real cheap with his sons allowance. After 7 days the boys father begins to realizes that he may not have gotten such a great deal after all when the amount he owes the boy reaches $64. The father hastily grabs a calculator and starts adding up how much he will owe the boy in 30 days. The grand total? $5,368,709.12! Needless to say the boy didn't get his wish for his allowance, but the boys father setup a college fund and sent the boy to get a degree in business finance and economics when the boy turned 18. My goal for the company is based on this concept, although it wont be as profound as the boys allowance, I am using the same principle. By doing this, you need to double your hash rate every month using only profit, without further investment. Could you please explain how you can achieve this objective? Do you think you can double your hash rate with the 1 BTC mined the first month? As far as I know, mostly you can only increase around 10GH - 20GH with the 1 BTC mined. This does not help much. So the next month you can only get 0.5 BTC at best. Then how much hashing rate you can buy with 0.5 BTC next month? Let's say another 10GH- 20GH. So now you can see, you can increase the hash rate linearly every month at best, but the difficulty increases exponentially. Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on November 12, 2013, 10:35:39 AM Its official, The SolarWind Mining Company has passed its first milestone! We have mined over 1 BTC for a total of 1.00165619 BTC! congrats :) as for those miners, you cant count on hashing power before it even arrives, look at the hundreds of TH that companies like butterfly labs STILL hasnt delivered, we never know when those things will come out, or if they even will as a matter of fact Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 13, 2013, 09:41:33 AM Why should I be part of this?
There is profit to be made Below is a copy of a preorder that I have for 5 Cointerra Terraminer IV's. There is a total of 10TH/s. TheGenesisBlock (http://mining.thegenesisblock.com/a/262e4a387a) (which, in my opinion, is the most pessimistic mining calculator out there) clearly shows a PROFIT!! This order is #625 in the December order-que so it is likely be shipped out with the first batch of orders and is scheduled for next day delivery. That means that I will have the miners 'in hand' before many of the other TH/s machines are even shipped to their buyers. As you can see, this miner will recover initial cost in less than two months then continues to make a Profit for the next 4 Months. Not many miners can offer that advantage with the current difficulty levels rate of increase. So, how do you plan on continuously making a profit with current difficulty levels? The plan is to take the initial returns (the first months ~132.00 BTC and the second months ~60.40 BTC) and immediately purchase the closest available next gen miners that will offer the best Hash-per-BTC/electrical cost advantage. At today's exchange rate the 5 Terraminers will cost ~180 BTC and the first two months show earnings of ~190 BTC. By that time miners will be cheaper and have even higher hash rates. How much hashing power do you think the company will be able to purchase for Why should I partner with The SolarWind Mining Company If you want to continue to be an active part of the Bitcoin mining community you have a decision to make and you need to make that decision NOW. Neither you nor I will be able to afford to continue to participate in Bitcoin mining in the near future, unless, we join together in this mining partnership! Why should I send my Bitcoins to your company? Bitcoin mining will become the progenitor of a new class of elitism. Everyone probably knows about the Bitcoin 'whales', these are the guy's and gals that started mining a long time ago and have been stockpiling hundreds of thousands of Bitcoins in their personal stashes all this time. The Bitcion elites will surpass in wealth even those with names like the Rothschilds, Ruperts, Rockefellers, Oppenheimers, Porsches and a handful of others. As far as we know, some of these families may already be behind some of the biggest private miners and Bitcoin companies out there (these families haven't been able to remain the wealthiest people in history without being aware of how the financial winds are change around them.) We are the generation at the forefront of a new era, We can be part of this elite class, the difference between us and these families that come form Old Money is that our wealth will be born from the spirit of cooperation, fairness and compassion. How long do you think the powers that be will remain ambivalent towards Bitcoin and those that participate in the Bitcoin community, not long I assure you. The best way to be protected from potential regulations and usurpation by wealthier individuals or institutions is to be big enough and important enough to be grandfathered into regulatory exceptions and to be immune from the meddlings of the worlds wealthy. Yes, it is that important. The writing is on the wall. The reason you should partner with The SolarWind Mining Company is that I offer you a position of leverage. Together we can join our strengths and preserve what we still yet have as members of the Bitcoin generation. This company needs to raise ~ http://www.solarwindmining.com/rff/upload/2013/11/12/20131112225838-b060bc75.jpg http://mining.thegenesisblock.com/a/262e4a387a http://www.solarwindmining.com/rff/upload/2013/11/10/20131110200848-9ef46a2c.jpg Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on November 13, 2013, 10:11:04 AM i really hope you get them in early/mid december :)
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 13, 2013, 10:17:38 AM i really hope you get them in early/mid december :) agreed!Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 13, 2013, 03:53:41 PM I have reduce the total amount of Bitcoin needed to purchase the December Terraminer IV's from 190 BTC to 175 BTC since the exchange rate of BTC/$ has risen to over $400. (MtGox -->$421!! :o) ;D
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: xTachibana on November 13, 2013, 07:23:50 PM I have reduce the total amount of Bitcoin needed to purchase the December Terraminer IV's from 190 BTC to 175 BTC since the exchange rate of BTC/$ has risen to over $400. (MtGox -->$421!! :o) ;D and we're at like 50? cant really tell Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 13, 2013, 09:47:42 PM I have reduce the total amount of Bitcoin needed to purchase the December Terraminer IV's from 190 BTC to 175 BTC since the exchange rate of BTC/$ has risen to over $400. (MtGox -->$421!! :o) ;D and we're at like 50? cant really tell I can add ~4.6 BTC to the total funds needed, that would be an investment on behalf of existing invest[or]s. So, I guess that would mean that the total BTC needed is ~170.5 @$400/BTC (which the BTC/$ rate is currently at $441/BTC.) I am currently going through the vetting process with DyslexicZombei (https://bitcointalk.org/index.php?action=profile;u=140437). If anyone wants to invest using an escrow service I think it would be OK to use the address that SebastianJu setup at this thread [CANCELED] Jupiters are SOLD OUT - Escrow by SebastianJu (https://bitcointalk.org/index.php?topic=307263.msg3305562#msg3305562). Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SebastianJu on November 14, 2013, 01:22:38 AM Yes, we can reuse that address. Its
Code: 1B9yH8csiujoBSNjVPhgrZjdm7f27EXKFq Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 14, 2013, 02:26:43 AM Thanks Sebastian, you've been great and I appreciate all you help and advice!
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 14, 2013, 08:32:37 AM With Bitcoins exchange value being even higher than yesterday, these miners are looking better and better! We should take advantage of Bitcoins current price before it falls below $400/BTC.
Title: Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread Post by: SolarWindMiningCompany on November 14, 2013, 10:12:24 PM I have updated the OP (https://bitcointalk.org/index.php?topic=297334.) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on November 17, 2013, 09:44:56 AM Great News Everybody!!
I have come across a sweet little deal with a hardware provider. The original investors who joined the company before I had to change the investment plane are now guaranteed to receive the return that I originally promised. DROII!!!! This includes ALL FREE BITSHARES!! You don't have to do anything to get your return and you don't have to invest any more BTC. The only catch is that I will have to do the accounting in USD. But, you will be payed in BTC. So the set value for your investments will be at the exchange rate of $380/1 BTC. To put this into perspective the going exchange rate of BTC at the time I started the Free BitShare Giveaway was around $85-120/1 BTC. The free BitShares that I gave to The First 100 Club were worth 0.01 BTC or ~$0.85-1.20. I will be basing the payments on the exchange rate of USD/BTC at the time I made the deal with the hardware provider. The Free BitShares were worth ~$3.80 at the time of the deal. The DROII is 2x the original amount so each Free BitShare will return ~$7.60. I gave away just over 100 Free BitShares,... THAT'S $760 that I will be paying out to Shares that I gave away for FREE!! And I am happy to do it too!! I should be able to start payouts in about 65 days or so and they will occur in the order that each partner joined The SolarWind Mining Company. I have put together a spreadsheet that shows the projected returns. You will notice that the Income per Day starts out at $28 and increases by $1 or $2 at irregular intervals, as time goes by, it eventually caps at $100 per day but continues at that rate. Break even will be in ~65 days and the arrangement is kind of a pay as you go agreement, that's why payments wont start until then. The deal that I came across is limited in its scope so I can only provide its benefits to current Shareholders. I will be offering a buyback for all Free BitShares, this will be first come first serve (so get on the list if you want to sell back your BitShares) and I will be limiting how many and when I buyback shares. Don't be to hasty because it will take some time before I will be able to do any buybacks. Spreadsheet (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdExQVlJRa1kwTkwycFNKeWlhUHJ0akE&output=html) Thanks everybody, Later! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: BitThink on November 17, 2013, 12:22:01 PM ???
Accounting in USD? Then if I am not wrong, if they did not invest and just keep the BTC, the ROI is 500% now. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on November 18, 2013, 12:18:21 AM ??? You clearly don't pay attention, I explicitly stated that I was making payouts in BTC, that doesn't change, 1 BTC in = 2 BTC out, PERIOD! It is ONLY the accounting that will be done in USD. Additionally, if I buy hardware it will be based on BTC's value to the dollar at the moment I purchase the hardware, not on the POTENTIAL value of BTC in the future, that can't be avoided. The income from the hardware in BTC is set once it is purchased and it doesn't make any difference if you do the accounting in USD, BTC or by counting with beans. And furthermore, NO one knows what the value of BTC will be tomorrow, next week, 2 months from now, not even an hour from now. Hindsight is always 20/20, but your statement implies that foresight should be just as reliable, which it isn't.Accounting in USD? Then if I am not wrong, if they did not invest and just keep the BTC, the ROI is 500% now. Another point of correction, and perhaps this is my facult for not being clear enough, the figures I used (e.i. $380/1 BTC) was for the purpose of illustration on performance. The revenue generated after 65 days will be STEADY@ $100 dollars a day, I don't know of any BTC mining investments that don't DECLINE over time so I made the right choice. I could go on, but I think I have addressed this issue well enough. Thanks Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on November 18, 2013, 10:24:07 PM @xTachibana,
I will adjust the total as needed. Since the price always varies it will be difficult to always be correct. The mining hardware will be ordered as soon as sufficient funds are deposited based on the exchange rate that Cointerra uses. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Cyberius Maximus on November 19, 2013, 06:15:57 PM I have purchased a couple of founder shares in SolarWind and received my first returns a while back. Granted that I have not made back my original capital, having been in discussion with the president, he seems genuine and I support the cause. I would really like to see this project succeed and purchasing the Terraminers will really give it the best chance.
Come on guys, just buy a single share for 0.5BTC and let's get some Terraminers and see this puppy grow. Cy Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on November 20, 2013, 12:17:27 AM I have purchased a couple of founder shares in SolarWind and received my first returns a while back. Granted that I have not made back my original capital, having been in discussion with the president, he seems genuine and I support the cause. I would really like to see this project succeed and purchasing the Terraminers will really give it the best chance. Come on guys, just buy a single share for 0.5BTC and let's get some Terraminers and see this puppy grow. Cy would if i could :(, i dont even have .5 btc to my name Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on November 27, 2013, 12:01:13 PM I have started a Group Buy on this thread.
Hello everyone, The SolarWind Mining Company is proud to announce that we are offering contracts for the *NEW* 3TH/s Neptune KnCMiner. I am offering FREE HOSTING for the first Round AND a 10% Credit towards your purchase of any following Round! #KN-R001, [1 Contract] 3TH/s Neptune KnCMiner Round 1 FREE HOSTING FOR FIRST ROUND! (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) http://www.solarwindmining.com/shop/image/cache/data/5443_small-228x228.jpg The Details for GB #KN-R001,
The Facilities I have a business partner who runs a trusted and popular electronics repair business who has agreed to allow me to host the company mining rigs at his secure site and there are techs available onsite to attend to the mining rigs when needed. The facilities house servers and computer related equipment and has high speed internet connections at its disposal, the facility also has the proper cooling equipment in use and all of the needed infrastructure is present onsite. About Me I have been vetted by DyslexicZombei and I am under the guidance of the DZ MC. I am a studying for a degree in Computer Engineering. I have been working many weeks on building this company without pay and without guarantee of success because I believe in the idea of what bitcoin stands for, I am a true believer. I have a total of 11 investors who have, with one exception, invested less than 0.6 BTC each. It doesn't sound like much but I have been able to insure that each one of them will receive at least twice their investment within the next few months. The company will be generating a profit of at least $100 dollars a day in about 60 days from now and that will be scalable to approximately $500 a day or more. All of this has been done with only an investment of ~6.5 BTC@$345 in total. Here is a link to a spreadsheet that shows the schedule of how the income is predicted to increase within the next 60-days for these investors. Spreadsheet (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdExQVlJRa1kwTkwycFNKeWlhUHJ0akE&output=html) You can purchase your contracts here #KN-R001, [1 Contract] Neptune KnCMiner (20nm) Round 1 (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) As soon as GB #KN-R001 is soldout GB #KN-R002 is ready too go! #KN-R002, [1 Contract] Neptune KnCMiner (20nm) Round 2 (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=52) Thanks, James [If you feel that there is any missing information or if information present is insufficient, please let me know and I will correct it] Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on November 27, 2013, 02:34:08 PM what exactly is a round?
I have started a Group Buy on this thread. Hello everyone, The SolarWind Mining Company is proud to announce that we are offering contracts for the *NEW* 3TH/s Neptune KnCMiner. I am offering FREE HOSTING for the first Round AND a 10% Credit towards your purchase of any following Round! #KN-R001, [1 Contract] 3TH/s Neptune KnCMiner Round 1 FREE HOSTING FOR FIRST ROUND! (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) http://www.solarwindmining.com/shop/image/cache/data/5443_small-228x228.jpg The Details for GB #KN-R001,
The Facilities I have a business partner who runs a trusted and popular electronics repair business who has agreed to allow me to host the company mining rigs at his secure site and there are techs available onsite to attend to the mining rigs when needed. The facilities house servers and computer related equipment and has high speed internet connections at its disposal, the facility also has the proper cooling equipment in use and all of the needed infrastructure is present onsite. About Me I have been vetted by DyslexicZombei and I am under the guidance of the DZ MC. I am a studying for a degree in Computer Engineering. I have been working many weeks on building this company without pay and without guarantee of success because I believe in the idea of what bitcoin stands for, I am a true believer. I have a total of 11 investors who have, with one exception, invested less than 0.6 BTC each. It doesn't sound like much but I have been able to insure that each one of them will receive at least twice their investment within the next few months. The company will be generating a profit of at least $100 dollars a day in about 60 days from now and that will be scalable to approximately $500 a day or more. All of this has been done with only an investment of ~6.5 BTC@$345 in total. Here is a link to a spreadsheet that shows the schedule of how the income is predicted to increase within the next 60-days for these investors. Spreadsheet (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdExQVlJRa1kwTkwycFNKeWlhUHJ0akE&output=html) You can purchase your contracts here #KN-R001, [1 Contract] Neptune KnCMiner (20nm) Round 1 (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) As soon as GB #KN-R001 is soldout GB #KN-R002 is ready too go! #KN-R002, [1 Contract] Neptune KnCMiner (20nm) Round 2 (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=52) Thanks, James [If you feel that there is any missing information or if information present is insufficient, please let me know and I will correct it] Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on November 27, 2013, 06:39:27 PM what exactly is a round? It's the same as an HPC, so its just another way of giving the GB a designated item #. I am now offering Partial Contracts for this miner, they are $4.50 for 1 GH/s and they can be ordered on the New Company Store (http://www.solarwindmining.com/shop/index.php?route=common/home). Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on November 28, 2013, 02:28:09 AM what exactly is a round? It's the same as an HPC, so its just another way of giving the GB a designated item #. I am now offering Partial Contracts for this miner, they are $4.50 for 1 GH/s and they can be ordered on the New Company Store (http://www.solarwindmining.com/shop/index.php?route=common/home). no payment in btc? i have .02 sitting around, and if i could i would reinvest the .13 that is already in the company for a total of .15 for this round (.15 is a bit above 30 ghash, but i would be fine with just 30) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on November 28, 2013, 08:02:23 AM what exactly is a round? It's the same as an HPC, so its just another way of giving the GB a designated item #. I am now offering Partial Contracts for this miner, they are $4.50 for 1 GH/s and they can be ordered on the New Company Store (http://www.solarwindmining.com/shop/index.php?route=common/home). no payment in btc? i have .02 sitting around, and if i could i would reinvest the .13 that is already in the company for a total of .15 for this round (.15 is a bit above 30 ghash, but i would be fine with just 30) Bitcoin is the only payment method, you need to go all the way through the checkout and the Bitcoin payment method will appear. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 05, 2013, 05:03:36 PM Batch 2 Neptunes available down too 873 from 1340+ and RUNNING OUT OF TIME! Contract Specifics
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 05, 2013, 05:06:32 PM This Group Buy is presented by a DyslexicZombei Vetted Group Buy Coordinator (https://bitcointalk.org/index.php?topic=337342.msg3633661#msg3633661) and The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) Current HPC (Hardware Purchase Cycle) Type: Standard Group Buy (http://solarwindmining.com/accountsforum/index.php?board=5.0) 1 Neptune KnCMiner (3 TH/s) FREE HOSTING + 10% Credit towards the next GB Total Full Contract Positions 37/80 Partial Contract Positions 31/300 Contract Pricing Full Contract Position $160 per 30 GH/s Partial Contract Position $5.45 per GH/s The SolarWind Mining Company is proud to announce that we are offering contracts for the *NEW* 3TH/s Neptune KnCMiner. I am offering FREE HOSTING for the first GB AND a 10% Credit towards the purchase of any following GB! #KN-R001, 3TH/s Neptune KnCMiner - FREE HOSTING FOR THIS GB! (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) http://www.solarwindmining.com/shop/image/cache/data/5422_big-300x300-500x500.jpg The Details for GB #KN-R001,
The Facilities The miner will be hosted at a secure, trusted and popular electronics repair business owned by a business partner. There are techs available onsite to attend to the mining rigs when needed. The facility houses servers and computer related equipment and has high speed internet connections at its disposal, the facility also has the proper cooling equipment and all of the needed infrastructure is present onsite. About Me I am a DyslexicZombei vetted GBC (https://bitcointalk.org/index.php?topic=337342.msg3633661#msg3633661). I am studying for a degree in Computer Engineering. I have been working many weeks on building this company without pay and without guarantee of success because I believe in the idea of what bitcoin stands for, I am a true believer. I have a total of 11 investors who have, with one exception, invested less than 0.6 BTC each. It doesn't sound like much but I have been able to insure that each one of them will receive at least twice their investment within the next few months. The company will be generating a profit of at least $100 dollars a day in about 60 days from now and that will be scalable to approximately $500 a day or more. All of this has been done with only an investment of ~6.5 BTC@$345 in total. Here is a link to a spreadsheet that shows the schedule of how the income is predicted to increase within the next 60-days for these investors. Spreadsheet (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdExQVlJRa1kwTkwycFNKeWlhUHJ0akE&output=html) You can purchase your contracts here #KN-R001, [1 Contract] Neptune KnCMiner (20nm) (http://www.solarwindmining.com/shop/index.php?route=product/product&product_id=50) Thanks, James -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.21 (MingW32) iQEcBAABAgAGBQJSitqJAAoJEM/8EdSovJ+Hwu8IAI+eBCZTHDFsEorsvBEANx/6 pYAlWNfLHBnTtMnZoQG2SaSUq0+kFgcQrQaqcooMVlVmzB3e7S5KWim979rPGA/W 8t865veR+PBjazmz+dMy+H5W5DsagHacN1G7d5mvtvek92QInHHFBI15Y7K9s3B6 ihMQLVIT/OVkTquMSXSZ3PjoKXiC6UjHFmNmJjVrJPEbBm1iLWF0NhW04Rc/jXiM 9VySguhjkKTt6eJa9ApKPThH7ANG9gfz4PW5c1IrQlR/Vx36B5CbH+Ogf4fkXnH7 KTETd5ALZXaH/QPYMi5Niy0bNj2tdb1m6UOKnsBDQMxfgfTJFt2TM0caaGaSXoE= =V0Qd Hi, This signed message is to confirm that user SolarWindMiningCompany has contacted me, Dyslexic Zombei (DZ), for free vetting services. While I am not an ID expert, I do have a background in Information Security. While my services are free, they are the most stringent vetting requirements that I am aware of for this forum. I can confirm that I have what appears to be this user's ID and address on record, and that he appears to be a well intentioned Group Buy Coordinator. Cheers, DZ -----END PGP SIGNATURE----- DZ Miners Cooperative: 19.8 TH/s+ ordered (http://www.dzminercoop.com/) The total Share Count may change due to the volatility of the exchange rate for BTC *SolarWind BitShares are not associated with the 'BitShares P2P trading platform (http://www.coindesk.com/bitshares-p2p-trading-platform-to-offer-dividends-on-bitcoins/) *Hardware Purchase Cycle (HPC) - The buy-in period preceding the purchase of specific hardware. ~ About Us ~ The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) is designed to be an eco-friendly Bitcoin Mining Farm. The intention is to create a large scale hashing platform dedicated to mining bitcoins and creating a stable bitcoin community. The company will start off by installing a series of bitcoin mining rigs with an initial goal of 100 TH/S worth of mining power. A primary goal of The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) is to phase in the use of solar and wind power, among multiple other sources of low cost energy, to reduce electrical expenses (an important factor that effects bitcoin mining profitability.) Initially, these low cost energy methods will be interspersed with grid fed power to lower the cost of operations and producing the most profit. It is a goal of The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) to eliminate the use of electricity off of the grid to any extent possible, if not entirely. SolarWind will use multiple methods to save energy as well (e.g. Waste heat generated from the operation of mining hardware will be recycled, creating another source of electricity, or, as a heating source for hot water and the offices at the mining facility during colder weather.) Primary operations will be set up in an area of Kansas that, for the majority of the year, has an abundance of wind and sunshine. SolarWind will utilize the wind and sunshine to operate wind turbine generators and solar panels to minimize electrical costs. Hashing power increases will be implemented as necessary to generate further income and to insure that SolarWind is able to fulfill its commitments to the Shareholders. Mission Statement: At The SolarWind Mining Company (http://solarwindmining.com/accountsforum/), we want to create a stable hub of Bitcoin mining, increase network stability, and generate revenue from mining for investors. Company Goals and Objectives: Our goals as a company include creating a profitable, stable mining node that leads in hashing power, giving the best returns on investments, to expand to include multiple mining locations, and to be a leader in the distribution of knowledge related to Bitcoin. Objectives include doubling of initial investments, increases in hashing power, and holding annual Bitcoin rallies at college campuses and other large venues. Our philosophy is that Bitcoin will be the forerunner of all digital currencies and is the natural evolution of currency. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 09, 2013, 11:35:41 PM Batch 2 Neptunes available down to 313 from 1340+! Down buy another 82 units! We may only have a few hours left! Contract Specifics
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 09, 2013, 11:39:13 PM Just so that all of the current investors are aware, the reserve amount of 10 Full Contracts goes towards your current investments, that's a minimum of 300 GH/s that is designated to you! You might want to buy a few of these contracts to make sure that this miner gets bought ASAP.
Thanks, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 16, 2013, 05:25:46 AM How much is needed now? Easy answer, NONE!! WE GOT IT!!!Yup, order has been PAID!! Here is the order #K27-BFYW-014072 Thanks everyone! This was timed perfectly, I am going on vacation for the next 3 days. Now I won't have to check my cell phone every 5 minutes while I'm trying to relax! I will be AWOL for the next three days so I won't be able to respond to any of your questions. Go ahead and PM me or post here if you do have any questions or concerns and I will answer you when I get back on Sun/Mon. The good news, besides getting the Neptune PAID for, is that I am done with finals and I am taking an 8 month long vacation from college. I am taking this extended vacation so that I can devote more time to The SolarWind Mining Company (http://solarwindmining.com/) and to you guys. Thanks again everyone, good job! James Tate President of The SolarWind Mining Company (http://solarwindmining.com/) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 16, 2013, 04:35:10 PM This Contest is presented by a DyslexicZombei Vetted Group Buy Coordinator (https://bitcointalk.org/index.php?topic=337342.msg3633661#msg3633661) and The SolarWind Mining Company (http://solarwindmining.com/accountsforum/) The Contest: Note: I really like the old paper look, for each part of this contest try to capture the look and feel of the examples given, do not make carbon copies, make your work original and use the examples to guide you and be sure to incorporate the Bitcoin logo in your work Part I - Design a logo based on the following drawing and using the style of the given example logo https://images.weserv.nl/?url=ssl:lh4.googleusercontent.com/-Ak03PjEq57k/UkNijSXvWcI/AAAAAAAAAEA/wJPBGsTLCoQ/w426-h637/logo.0.png&fnr example http://static.designspiration.net/data/l/525376555335_fAcGJEwB_l.jpg Part II - Design a certificate based on the following examples and incorporating your version of the logo above http://oncenewvintage.com/wp-content/uploads/2013/07/1800s_StockCertificate_Vintage_1.jpghttp://oncenewvintage.com/wp-content/uploads/2013/08/VintageStockVertificate.png The Prize: Please post if you are interested, Thanks! Good Luck! James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: BRADLEYPLOOF on December 17, 2013, 01:56:06 PM So excited that everyone has been willing to partner up with us and give SolarWind a chance to succeed. We can do it without your support, so help up help you!
Time Frames for the delivery of the first 3 TH unit from KNC will be here Q1-Q2 per KNCMiner.com. Once delivery dates are finalized and confirmed, we will post them here to let you know. I'm sure it will be a day or two to set up, but after that we'll be mining good. I'm not sure how everyone feels, so I'll toss in a poll, but should we try mining our own blocks with 3 TH or pool it up in BTCGuild, Slush, etc? Normally, I'm a little reserved with BTCGuild, but they've been very good and their payouts are much higher on average than PPS. Or we could try to get our own block of 25 coins. I'll talk to James ;) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on December 18, 2013, 01:16:11 AM So excited that everyone has been willing to partner up with us and give SolarWind a chance to succeed. We can do it without your support, so help up help you! Time Frames for the delivery of the first 3 TH unit from KNC will be here Q1-Q2 per KNCMiner.com. Once delivery dates are finalized and confirmed, we will post them here to let you know. I'm sure it will be a day or two to set up, but after that we'll be mining good. I'm not sure how everyone feels, so I'll toss in a poll, but should we try mining our own blocks with 3 TH or pool it up in BTCGuild, Slush, etc? Normally, I'm a little reserved with BTCGuild, but they've been very good and their payouts are much higher on average than PPS. Or we could try to get our own block of 25 coins. I'll talk to James ;) Can't ;) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: BRADLEYPLOOF on December 19, 2013, 02:09:39 AM Our new blog!!! solarwindminingco.wordpress.com
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Cyberius Maximus on December 20, 2013, 10:17:25 AM Hmm... I'd stick to pool mining. More predictable. I have used Slush for years.
Very excited about the new hardware. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on January 07, 2014, 09:59:00 PM so quiet in here :O wonder if bitcoin will hit 1250 any time soon :B
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 08, 2014, 05:03:28 AM so quiet in here :O wonder if bitcoin will hit 1250 any time soon :B I'm back on the job now that all the holiday stuff is over and my birthday has passed, will be updating you soon when I get caught up on all the happen's since before X-mass. Later, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Atruk on January 09, 2014, 11:27:57 PM I have used Slush for years. Fuck, Bitcoin is getting old now. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on January 10, 2014, 03:24:24 AM I have used Slush for years. Fuck, Bitcoin is getting old now. bitcoin is still an infant :P younger than ps3 XD Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Atruk on January 10, 2014, 04:36:40 AM I have used Slush for years. Fuck, Bitcoin is getting old now. bitcoin is still an infant :P younger than ps3 XD That piece of shit is a fucking Tyranosaurus. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: rdyoung on January 25, 2014, 02:15:46 AM Is the site down for anyone else?
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: BRADLEYPLOOF on January 25, 2014, 02:48:35 AM Tried contacting James...going to wait until Monday in case he's in a coma or some stupid shit...then I'll post his info I have on him right here so everyone can attempt to make contact...the website was working not that long ago, then I saw an "account suspended" announcement on the site which is when I attempted contact. Now the site says it no longer exists...
he has not responded to any attempts I have made to contact him so like I said...Monday at noon, eastern time...his info that I have will be made public...I only get burned once, then shit goes down... Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on January 25, 2014, 06:07:50 AM Hey guys, I want to just state that he got a hold of me today. He said he's been busy with a lot of things. I don't really know how that plays into whatever you're going after (I'm too lazy to read the thread right now) but I do want to say that he's still around and is working towards the project, for what that's worth.
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: railzand on January 25, 2014, 08:27:14 AM Tried contacting James...going to wait until Monday in case he's in a coma or some stupid shit...then I'll post his info I have on him right here so everyone can attempt to make contact...the website was working not that long ago, then I saw an "account suspended" announcement on the site which is when I attempted contact. Now the site says it no longer exists... he has not responded to any attempts I have made to contact him so like I said...Monday at noon, eastern time...his info that I have will be made public...I only get burned once, then shit goes down... that escalated quickly he posted to his group buy thread Title: Re: [Official Thread] - The SolarWind Mining Company Post by: BRADLEYPLOOF on January 26, 2014, 10:49:03 PM Okay, so he can post to a group buy thread, but not to the "Official Thread"?
I'm out! I quit. Details for solarwindminingcom.wordpress.com (as the only FUNCTIONAL) website can be found via James. I'm PM'ing him the login name and PW. Please do not contact me, I can't deal with a lack of communication, no matter what the circumstances (less jail time). It takes 5 seconds to come on and post something to let users and business partners know that you're still alive and willing to work on this project and having not done that for weeks on end, nor replying to direct messages to a cell phone which has been called, requires me to find some project that will work out for me. The idea behind this was fun...the initial startup was fun...the brainstorming was fun...but the last few months have been more of a weight on my shoulders that I'm not willing to bear because I don't have all the info, nor can I get all the info because I cannot stay in contact with the "President" of this company. If was fun...it was real...but it hasn't been real fun... Thanks! Brad Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on January 27, 2014, 04:31:29 AM who wants to explain whats going on right now
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: rigel on January 27, 2014, 01:11:47 PM What are you guys gonna do about it? I'll tell you what, nothing. Come on down to Wichita and let's see what you got. My wife is a lawyer and she said I've done nothing wrong, so it looks like I get to keep the neptune. Thanks for the funding ;) You misspelled company name... I guess you are a fake Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 27, 2014, 08:08:50 PM Sorry guy's for the lack of information. I'm still here.
I have a serious issue with the website hosting service and I am looking for an alternative (I can't even access the website email!) Meanwhile, I am working on getting a new and improved website going. On top of this, I am also trying to sort out errors involved with the openCart ordering system, a corrupted website backup image and database (the data, including all user data and posts, may have been lost, although I do have the most important information stored in a separate format in another location), resolving a payment issue with bips.me involving a couple of GB payments that have not been credited correctly (never using them again!), getting a refund from a hardware vendor that has failed to deliver on some custom miningware that I contracted, the failure of one company to pay contracted funds to the company on a daily bases (I may be filing a law suite against the company) and a few other problems that all seemed to come at once. It's rather frustrating since things were just starting to pick up. I kinda feel like I have a disaster magnet strapped on my back. Everyone's investments are still valid and accounted for and you all have a share in the Neptune's hashing power (reserved 300 GH/s for non-GB investors.) That being said, because of the openCart errors the number of Neptune shares have been oversold but it is expected that KnC will provide a great deal more GH/s than the advertised 3 TH/s. Even a small increase in GH/s of 15% or more from the KnC team should be enough to cover the oversold shares and provide the minimum promised in the GB and 300 GH/s reserve for regular investors. If the GH/s increase is not sufficient, then the regular investors 300 GH/s has priority over GB'ers and I will refund or compensate the GH/s deficiency with the appropriate compensation. Posts from SolarWindsPresident are fake and have been deleted. There is nothing amiss about me or the company, it has just hit a major snag(s) that is(are) going to take some time to resolve. :-[ I understand the importance of remaining in contact with you and giving regular updates, so... To Bradley, as well as to all of you.... I apologize for not keeping my part of the bargain and keeping you up to date on a more regular base's and failing to post regularly. I take full responsibility for this failure and will do better while I continue to resolve the above mentioned problems and make planned improvements in spite of funding issues caused by 3rd party contract failures. ~James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 29, 2014, 10:01:02 AM Hello everybody,
I have come to a decision about how to handle the company income loss due to 3rd party contract failures. The income (currently about $4000+ and growing) was intended to cover a minimal amount of investor payouts, purchase additional miningware and help cover the monetary costs involved in setting up the new website and a few various other small necessities. The 3rd party that is supposed to pay the funds to the company is still promising to pay, but we can't wait forever. To address this problem I will be taking on the task of learning the necessary skills to build the website myself. This will be a daunting task which will include learning a heap of information about bitcoin-d, PHP, HTML, C++ and a host of other programming related data. I would rather hire others who know more than I do about these disciplines to do the work, but because of 3rd party failures I will have to do it myself. If anyone would like to act as an advisor (I don't expect anyone else to do the work,) I would appreciate the assistance. The work to be done isn't in itself so difficult, its just the scope of it all. What is planned for the website: Here is a list of the various things that will be part of the new website, I nice and attractive website that will have its own unique style. A simple format with a responsive design that will be easy to navigate and will not tax your browser. A Portfolio style layout that will present investor/customer data that is easily understood and easy to find the desired information. -The portfolio will include an assets page so that investor/customers can see all their holdings on a single page -Certificates that represent each type of asset that will clearly show exactly what the asset is for and its values -BitShare account information that will include balances/transaction/credits, funds pending, orders and any other relevant information concerning deposited funds or current earnings -Automatic payments to Personal Wallets that hold investor/customer earnings so the investor/customer can decide when and where to send their available funds at anytime they wish A customized marketplace where investors/customers can purchase Contracts, BitShares, miningware and other merchandise that is being planned. A shares trading platform where investors/customers can buy or sell any company assets that they own to other members or registered guests. Blog and News section Investor/Customer only forum Public forum Company mining data Company mining pool A company transparency section listing all company holdings and their status EVERYTHING AUTOMATED ~ EVERYTHING AUTOMATED ~ EVERYTHING AUTOMATED!! (That one is for me ;)) There are a few other additions that are planned but those will have to wait until the above is finished. Because of a major issue with the hosting service I was using the old website is down and, to save on costs, will remain so until I have something more substantial to present to you. When I have a working model of the site I will post a link to it so you can check up on its progress. If you would like to help fund the website you can purchase a raffle ticket for 0.01 BTC, the prize will be your choice between an XBOX ONE or PS4. This will be an open raffle, so whenever enough funds have been collected to equal twice the cost of the a gaming system a winner will be chosen and the next system will be available to win as soon as that amount is reached again. All entries, except previously winning entries, will be valid throughout the entire raffle. There is no limitation on the number of entries you can purchase and each entry will have an equal chance of winning. You can send your raffle fee to this BTC address: 1LgGV9zqXia9jp9tgnbxuKGe9gN3nX5JuF , you can post your entry in this thread for credit (include the transaction #). As an added bonus, you will receive one BitShare worth 0.01 BTC for each entry. Thanks, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: EduardoDeCastro on January 29, 2014, 07:33:53 PM ... If you would like to help fund the website you can purchase a raffle ticket for 0.01 BTC, the prize will be your choice between an XBOX ONE or PS4. ... Srsly? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: kakobrekla on January 30, 2014, 12:31:53 AM ... If you would like to help fund the website you can purchase a raffle ticket for 0.01 BTC, the prize will be your choice between an XBOX ONE or PS4. ... Srsly? I think "my own two hands" means that, no? With the bitcoin mining landscape being characterized by runway increases in difficulty for the near future do you really need to throw a MLM type structure onto the shares with all of the negative connotations that brings to this already questionably valued asset? What sort of contingency plan do you have for an event in which you can't meet the promised returns? Given the history of most attempts at mining investments, are there plans for a potential failure beyond taking the money and walking briskly into the sunset? Thanks for asking a specific question instead of just making a broad statement that is thinly veiled as a question (like some have done,) My contingency plan, if The SolarWind Mining Company fails to deliver on its commitments (unlikely considering the amazing crew that this venture has attracted,) is simply not to fail. Unfortunately, even the best laid plans can fail to be realized, even with Herculean efforts to succeed. So practically speaking, if such failure seems eminent, SolarWind will begin the process of perusing other options to fulfill its obligations. If necessary, all assets will be liquidated and the proceeds distributed to the Partners (that means all shareholders except the company itself.) If all else fails I'll work it off with mine own two hands. Assuming that The SolarWind Mining Company reaches a stage where it is realizing a profit for both its Partners and the company, SolarWind will use a portion of the company profits to diversify its operations in order to further increase Partner profits, and to meet several additional goals. Here are some of the plans for the expansion of The SolarWind Mining Company: Development, both in the areas of software and hardware - Financial and business services - The promotion of the Bitcoin Ideology - scientific research in the areas of computer engineering, physics, artificial intelligence and a host of other scientific disciplines - there is also a vast litany of various altruistic and humanitarian projects that I would like to be included in future of SolarWind. I may not be the most 'sophisticated' individual and I have trouble with using the standard approaches and business models (thank (insert your own deity) for Bradley,) but what I am is a very good problem solver. I have the mental flexibility to adjust to most any situation and I have very specific goals. My goals as a man are focused towards helping others, being as kind as I can, improve their lives when possible, encourage and inspire the downtrodden and lowly of spirit, in other words I care a great deal about the well being of people in general. My goals with SolarWind are based on my personal and intellectual goals. I am practical enough to know the limits that are applied to the given situation. The primary goal of SolarWind is to help the least of us to aspire to the greatest heights. In the earliest stages of the development of this project, I believed that the companies greatest supporters would be the little guys or gals that just recently became involved in the bitcoin world. Many of these individuals have come in too late to use their GPUs to mine bitcoin, yet they still have given it a valiant effort. Otherwise, why do you think there is so much interest in altcoins? Its because these individuals are really passionate about the Bitcoin Ideology but feel as though they have been locked out by the big miners. To many of them have been gulled into purchasing hardware that came too late and had insufficient hashing power by the time they received their miners to be of much use. The only way to compensate for this disadvantage is to increase our power by working as a collective. Offering BitShares that are, once invested in, consistently doubled is a great way to help concentrate each others efforts for the benefit of all involved. That is the main reason that I have structured the company shares the way I have. Anyone can invest any amount no matter how small and it will double many fold until they actually have enough bitcoin to work with. The BitShare concept will allow individuals who don't even have mining gear to invest and make a profit, even 0,00001 BTC will grow pretty quickly when it is consistently doubled, so just going to a few free bitcoin faucets will yield a nice return with the way I have structured the shares. To be honest, I would be more satisfied if the majority of the funds from share purchases where from free faucets, a host of BitShare Miners using crappy nvidia GPUs and the few hopefuls that are willing to give it a go, than if a large number of bitcoin pros who have had it good for the majority of the life of bitcoin started throwing a bunch of BTC at SolarWind. The pros don't need my help, those who are less fortunate and have little resources do! These are MY TRUE PARTNERS, and they are not "sockpuppets!" But I digress, If you want more details, Bradley, SolarWinds right hand man, is working on a solid business plan and as quickly as he gets things done, I expect to have it out soon. Check back later for more details... Thanks again for asking a question with real substance! Title: Re: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 30, 2014, 01:14:31 AM "My own two hands." So what do you think it means when I say that I will be taking on the task of learning all the programming I have mentioned?
You seem to have ignored the fact that my statement addresses what I will do "if all else fails." You also missed the part where all the raffle tickets are also BitShare investments, which is what we do anyway. So where is the logic in your discontent? Posted From bitcointalk.org Android App Title: Re: Re: [Official Thread] - The SolarWind Mining Company Post by: EduardoDeCastro on January 30, 2014, 02:38:52 AM "My own two hands." So what do you think it means when I say that I will be taking on the task of learning all the programming I have mentioned? You seem to have ignored the fact that my statement addresses what I will do "if all else fails." You also missed the part where all the raffle tickets are also BitShare investments, which is what we do anyway. So where is the logic in your discontent? Posted From bitcointalk.org Android App i have xBox. raffle bikes! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 30, 2014, 11:58:08 PM Hello everybody,
I have some good news to share. I visited with my friend/business partner today and we had a conversation about the issues we are having, this is the same person that owns the location where the Neptune will be hosted. We worked out an arrangement where I will be helping him out at his shop (doing MANUAL LABOR -> as promised using "my own two hands") and in exchange he will have his web developer build our website. This means that we won't have to wait anywhere near as long to get it back up and with all the improvements to boot! This is a great time to suggest features that you would like to see in an investment website. So let's post some comments about what you would like to see and what features are important to you and I will try to get any practical suggestions incorporated. Later, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 31, 2014, 12:44:23 AM Todays meeting with the above mentioned was also fruitful in other areas. I also meet with one of my friends business partners while I was there and we are arranging a joint project to build custom miningware. We will be using The Wasp Project Collective's (https://bitcointalk.org/index.php?topic=422243.0) open source design to commission the manufacture of mining boards for the company. This is also a great development because it means that we will be able to obtain miningware at the lowest possible cost, at the earliest possible time frame and provide the fastest implementation. From assembly bench straight to hashing, will be able to plug in a wasp and have it mining away just moments after it has had its last ASIC chip installed! That means MORE MINED BITCOIN for the dollar! In time we will also be offering this miningware for sale in the new company marketplace, and at a VERY attractive price. The markup for the miningware will be small for non-GB investors. In this regard, we are less interested in making a profit by selling miningware, most of the company's profits will be from its own mining and other ventures. It is important to me that we keep the costs low because it will allow more people to own their own miningware and that helps preserve Bitcoin's Decentralized Network, which is an alter that is more than worthy of the sacrifice of profits. (<-- get it! Profits, not prophets ;D)
We also plan to introduce something similar to CEX.io, the main difference will be that you will be able to point your purchased hashing power to any mining pool you want, again, this is to help preserve Bitcoin's Decentralized Network. Will try to continue to keep you updated. Thanks, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on January 31, 2014, 03:23:25 AM Hello everybody, I have some good news to share. I visited with my friend/business partner today and we had a conversation about the issues we are having, this is the same person that owns the location where the Neptune will be hosted. We worked out an arrangement where I will be helping him out at his shop (doing MANUAL LABOR -> as promised using "my own two hands") and in exchange he will have his web developer build our website. This means that we won't have to wait anywhere near as long to get it back up and with all the improvements to boot! This is a great time to suggest features that you would like to see in an investment website. So let's post some comments about what you would like to see and what features are important to you and I will try to get any practical suggestions incorporated. Later, James i would like to keep track of my own shares and what not, rather than being able to see everyone who is part of the company, although both is nice (this would require a registration system for the site most likely) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 31, 2014, 03:32:32 AM Hello everybody, I have some good news to share. I visited with my friend/business partner today and we had a conversation about the issues we are having, this is the same person that owns the location where the Neptune will be hosted. We worked out an arrangement where I will be helping him out at his shop (doing MANUAL LABOR -> as promised using "my own two hands") and in exchange he will have his web developer build our website. This means that we won't have to wait anywhere near as long to get it back up and with all the improvements to boot! This is a great time to suggest features that you would like to see in an investment website. So let's post some comments about what you would like to see and what features are important to you and I will try to get any practical suggestions incorporated. Later, James i would like to keep track of my own shares and what not, rather than being able to see everyone who is part of the company, although both is nice (this would require a registration system for the site most likely) Your in luck, that one is already in the works! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Atruk on January 31, 2014, 06:21:19 AM Hello everybody, I have some good news to share. I visited with my friend/business partner today and we had a conversation about the issues we are having, this is the same person that owns the location where the Neptune will be hosted. We worked out an arrangement where I will be helping him out at his shop (doing MANUAL LABOR -> as promised using "my own two hands") and in exchange he will have his web developer build our website. This means that we won't have to wait anywhere near as long to get it back up and with all the improvements to boot! This is a great time to suggest features that you would like to see in an investment website. So let's post some comments about what you would like to see and what features are important to you and I will try to get any practical suggestions incorporated. Later, James i would like to keep track of my own shares and what not, rather than being able to see everyone who is part of the company, although both is nice (this would require a registration system for the site most likely) Your in luck, that one is already in the works! How many percent of the original board to you rep? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 31, 2014, 07:56:40 AM How many percent of the original board to you rep? Sorry Atruk, I don't understand your question. Could you explain? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Atruk on January 31, 2014, 09:07:47 AM How many percent of the original board to you rep? Sorry Atruk, I don't understand your question. Could you explain? What I mean to ask is how many of your bitches quit. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on January 31, 2014, 09:46:01 AM How many percent of the original board to you rep? Sorry Atruk, I don't understand your question. Could you explain? What I mean to ask is how many of your bitches quit. Ahh... I see. Wait, no I don't. Turnip ≠ bruised. Be more clear from now on. I have more respect than to refer to others in such a manor. So the answer is, none. So eager, are so many, to revel in the failure of others, whether real or imagined, that they pounce on the least little sight of it, from their twisted little eye. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on February 01, 2014, 07:02:59 AM How many percent of the original board to you rep? Sorry Atruk, I don't understand your question. Could you explain? What I mean to ask is how many of your bitches quit. Ahh... I see. Wait, no I don't. Turnip ≠ bruised. Be more clear from now on. I have more respect than to refer to others in such a manor. So the answer is, none. So eager, are so many, to revel in the failure of others, whether real or imagined, that they pounce on the least little sight of it, from their twisted little eye. yeah his first question was much more "mature", he was basically just asking what % of the original board members left (brad left? so thats 1 of x) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 01, 2014, 09:58:42 AM How many percent of the original board to you rep? Sorry Atruk, I don't understand your question. Could you explain? What I mean to ask is how many of your bitches quit. Ahh... I see. Wait, no I don't. Turnip ≠ bruised. Be more clear from now on. I have more respect than to refer to others in such a manor. So the answer is, none. So eager, are so many, to revel in the failure of others, whether real or imagined, that they pounce on the least little sight of it, from their twisted little eye. yeah his first question was much more "mature", he was basically just asking what % of the original board members left (brad left? so thats 1 of x) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on February 01, 2014, 10:52:15 AM How many percent of the original board to you rep? Sorry Atruk, I don't understand your question. Could you explain? What I mean to ask is how many of your bitches quit. Ahh... I see. Wait, no I don't. Turnip ≠ bruised. Be more clear from now on. I have more respect than to refer to others in such a manor. So the answer is, none. So eager, are so many, to revel in the failure of others, whether real or imagined, that they pounce on the least little sight of it, from their twisted little eye. yeah his first question was much more "mature", he was basically just asking what % of the original board members left (brad left? so thats 1 of x) had to put quotes, mature to me means being civilized, rather than "acting like an adult" which doesnt make sense because a LOT of adults act just as childish as a 14 year old also, have you thought of putting solarwinds on a stock site like cryptostocks? (until you have the site up and running that is) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 02, 2014, 02:02:18 PM had to put quotes, mature to me means being civilized, rather than "acting like an adult" which doesnt make sense because a LOT of adults act just as childish as a 14 year old also, have you thought of putting solarwinds on a stock site like cryptostocks? (until you have the site up and running that is) Yes, I understood. I was just saying that I am going to :-X keep my lips sealed. ;) On other news, I spoke to the web designer today and he was very interested in what I told him I had planned for the website. He didn't think it was something he couldn't handle. I actually watched him work on one website and found him to have remarkable skill. The two of us had several philosophical conversations while he was working. He appears to be able to pay full attention to a heavy conversation and do some rather complicated web coding simultaneously. It was something to behold, let me tell you. He has one web project ahead of us, but he should be working on our website very soon. I have really been looking forward to the site getting done for quite some time now. Especially since it has been cycling between started and stopped all this time. Gauging interest here: As part of the new website, SWMC will be adding a Hashing Exchange (similar to CEX.io) to its services. We will be using The Wasp Project Collectives design to populate the hashing power for the Exchange. It has been decided that up to 50% of the trading fees for the Exchange will be split between all contributors that help bring this project to completion. There are several ways you can contribute, by direct investment and various sweat equity tasks that involve development. You can also contribute ASIC chips. If you contribute ASICs to the project, we will mount them onto a Wasp PCB and put them to work. You will own the hashing power that your chips produce so you can sell your hashing power on the SWMC Exchange. Buy contributing ASICs to help the project get off the ground, you are a contributor to the project and will receive a fair portion of the trading fees. Imagine if you had the chance to contribute to CEX.io before trading GH/s on the CEX.io website went live and you were getting a piece of their trading fee pie! Well, you missed that opportunity, DON'T MISS THIS ONE!! Post your interest or comments! Thanks, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on February 02, 2014, 06:48:29 PM had to put quotes, mature to me means being civilized, rather than "acting like an adult" which doesnt make sense because a LOT of adults act just as childish as a 14 year old also, have you thought of putting solarwinds on a stock site like cryptostocks? (until you have the site up and running that is) Yes, I understood. I was just saying that I am going to :-X keep my lips sealed. ;) On other news, I spoke to the web designer today and he was very interested in what I told him I had planned for the website. He didn't think it was something he couldn't handle. I actually watched him work on one website and found him to have remarkable skill. The two of us had several philosophical conversations while he was working. He appears to be able to pay full attention to a heavy conversation and do some rather complicated web coding simultaneously. It was something to behold, let me tell you. He has one web project ahead of us, but he should be working on our website very soon. I have really been looking forward to the site getting done for quite some time now. Especially since it has been cycling between started and stopped all this time. Gauging interest here: As part of the new website, SWMC will be adding a Hashing Exchange (similar to CEX.io) to its services. We will be using The Wasp Project Collectives design to populate the hashing power for the Exchange. It has been decided that up to 50% of the trading fees for the Exchange will be split between all contributors that help bring this project to completion. There are several ways you can contribute, by direct investment and various sweat equity tasks that involve development. You can also contribute ASIC chips. If you contribute ASICs to the project, we will mount them onto a Wasp PCB and put them to work. You will own the hashing power that your chips produce so you can sell your hashing power on the SWMC Exchange. Buy contributing ASICs to help the project get off the ground, you are a contributor to the project and will receive a fair portion of the trading fees. Imagine if you had the chance to contribute to CEX.io before trading GH/s on the CEX.io website went live and you were getting a piece of their trading fee pie! Well, you missed that opportunity, DON'T MISS THIS ONE!! Post your interest or comments! Thanks, James about how cheap do you think you'll be able to get the price per ghash down? if you can get it to even 75% of what cex is offering atm, i think it would drive a lot of interest (assuming you have enough hashing power that is) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: railzand on February 02, 2014, 07:55:55 PM You will own the hashing power that your chips produce sounds too good to be true Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 03, 2014, 08:48:23 PM about how cheap do you think you'll be able to get the price per ghash down? if you can get it to even 75% of what cex is offering atm, i think it would drive a lot of interest (assuming you have enough hashing power that is) The price will be market driven like CEX.io. Although I may institute a fair market cap on prices to prevent them from being sold for 10x or more than what they are really worth like it is at CEX.io. A base price would be hard to guess at The Wasps will use ANY chip, sha or scrypt or (anything else) and you can mine any crypto-whats-it if you install the chip for it, so the price to build is anywhere between $7-3 a GH/s for Bitcoin mining depending on the chip and volume discounting. Of course that price will go down as the price of GH/s per chip goes down. Its dynamic, not static. An example of what could make a substantial difference in cost is Bitmine's Coincraft A1 28nm ASIC (http://bitmine.ch/?product=coincraft-ai-asic). If you buy 500 A1 chips they cost $3.5 per GH/s at a price of $44,000 or $88 per chip. 10,000 A1 chips at that price would set you back $880,000. But, Bitmine gives a volume discount, for 10,000 A1 chips the price is $2.8 per GH/s for a total of $700,000. Thats a savings of around 20% or $180,000! That 20% difference definitely determines if, and how long it will take, you (to) make ROI. Buy the way, that's one reason why the BIG mining companies are able to continue mining and profiting with the same chip you have in your Block Erupter while you are trying to figure out whether to toss your Block Erupter in the trash can or send it to be recycled, plus they build there own miners for their own mining and to sell them to you for a markup. They generally do not pay retail for there miners. So, as an individual, you don't have a chance to compete with those guys. That's why I started SWMC, to give the average person as close to the same opportunity as the BIG GUYS have as possible. Unfortunately, not enough people have seen the light and joined us. Imagine how profitable your bitcoin mining investment would be if you joined a collective and you all raised the capital to purchase 10,000 A1 chips, or 20,000 or 30,000. There you would be, with your tiny contribution of 0.3 BTC earning the same profit percentage as any of the BIG mining operations out there, instead of desperately trying to figure out how to get your hands onto a few TH/s of gear. Anyway, I digress. You will own the hashing power that your chips produce sounds too good to be true Why? As far as the Hashing Exchange, the SWMC will derive its revenue from trading fees, hosting fees and selling its own hashes, so it benefits SWMC to offer the service. The more hashing power we have the higher the volume of hashes traded - ergo --> a higher volume of hosting and trading fees collected by SWMC. And SWMC isn't going to mount those chips onto a Wasp for free. SWMC will offer to mount the chips in exchange for either a fee, a percentage of the total number of chips or by some other mutually beneficial arrangement. Any chips acquired through this method will be added to the mix of chips that SWMC purchases to satisfy its own needs. So you can see that there is sound reasoning behind offering a 'chip mounting'/hosting/'trade or keep your hash' service: higher volume of hashes traded in the Hashing Exchange increases the volume of collected trading fees, hosting more units increases collected hosting fees, convenient access to ASICs helps increase SWMC's own chip count, being fair and sharing the opportunity with others makes people happy which will make people love SWMC which in turn provides SWMC with greater opportunities (opportunities that SWMC will, again, share with others! Hey, anyone feel like breaking out and singing "The Circle of Life?" :D) Since I brought up the topic of sharing opportunity, SWMC will be offering investment contracts specifically for the Hashing Exchange. Help SWMC purchase the ASICs and supporting hardware and you'll get a portion of the profits generated by your investment's share of the exchange. Hmm... thinking... Maybe we could do a Protoshare Dac, Mastercoin app or our own SWMC proof of stake crypto-"coin." Maybe a SWMC HashExCoin for easy trading and transfer of ownership in the Hashing Exchange. We can call it the HEX... Ahhh!! There we go, we could rip the CEX.io concept almost completely. We could call the exchange H So railzand, what is your opinion now? Thanks, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: railzand on February 03, 2014, 09:28:22 PM I wish I hadn't asked.
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 06, 2014, 06:23:01 AM I wish I hadn't asked. That's disappointing. :-\ Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 08, 2014, 08:50:39 PM Update Here are the links to our other threads that are currently active. Website Project Development thread: https://bitcointalk.org/index.php?topic=455738.new#new [Teaser!]The Wasp and Hive, Collecting Reservations For The Coming SWARM!: https://bitcointalk.org/index.php?topic=453118.0 [Testing] $3.5 - $2.8 Gh/s A1 Bitmine Chips - Multi-Group GB. Organized by SWMC: https://bitcointalk.org/index.php?topic=453019.0 [CLOSED]#KN-R001 3TH/s Neptune KnCMiner, ord. #K27-BFYW-014072, PAID: https://bitcointalk.org/index.php?topic=348417.0 Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 08, 2014, 08:56:05 PM about how cheap do you think you'll be able to get the price per ghash down? if you can get it to even 75% of what cex is offering atm, i think it would drive a lot of interest (assuming you have enough hashing power that is) The current estimate is sub $10-$5 GH/s, That will change over time as the price of GH/s per chip falls, the number of GH/s per chip rises and the number of chips that can fit on a single Wasp. But the trend is downward on the cost of GH/s. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on February 08, 2014, 09:56:22 PM about how cheap do you think you'll be able to get the price per ghash down? if you can get it to even 75% of what cex is offering atm, i think it would drive a lot of interest (assuming you have enough hashing power that is) The current estimate is sub $10-$5 GH/s, That will change over time as the price of GH/s per chip falls, the number of GH/s per chip rises and the number of chips that can fit on a single Wasp. But the trend is downward on the cost of GH/s. nice! thats less than 1/2 the current price of cex's model Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 18, 2014, 10:01:25 PM Hello everyone,
I was considering the fact that there are a lot of individuals who have PayPal funds that are kind of stuck in their PayPal accounts. What occurred to me was that I have had many of these individuals ask me if I would take PayPal payments, my answer has mostly been 'no.' The simple truth is that it is possible for a consumer to initiate a PayPal charge-back on purchases for up to one full year after the purchase! Accepting PayPal payments are highly risky for a merchant. Especially when it involves a difficult to trace currency like Bitcoin. It is plain to see, from both sides of the issue, the troubles associated with PayPal payments. The problem SWMC would have with accepting PayPal payments is this: An investor purchases a Contract for X-GH/s using PayPal for the purchase. The mined BTC for the Contracts is paid to the investor over the following 6 months (for this example, the life of profitability of the investment.) Then, sometime between 6 to 12 months after the purchase of the Contract, the investor tells PayPal that they didn't receive the service promised and initiates a charge-back on the purchase. On such an occasion SWMC would be left with nothing but miningware that no longer is capable of recovering its value and a debit on SWMC's PayPal account that SWMC will be responsible to cover. Of course, such an event would be unacceptable to SWMC and its investors. The only way to prevent this type of thing from occuring is to hold back any payments from mining profits until the charge-back period has passed. That means that an investor would have to wait 12 to 13 months before receiving their earnings. Considering, that for many fiat investments, you can invest in various investment vehicles that require an investor to wait for a period of time. An investment into a CD can range in time from 30 days to 6-12 months, and Bonds can range in time from 2 to 20 years. These types of investments set a precedent for the types of investments that are generally acceptable. In the spirit of such investment styles, and in consideration and due fairness to both parties involved, The SolarWind Mining Company has decided to offer such investment options for those who have PayPal funds that they cannot withdraw into a normal bank account. The investment will be sold as a Special PayPal Contract (SPPC) priced at 0.001 BTC with a 0.1 BTC minimum. All PayPal transaction fees will be deducted from your purchase. The terms of the investment are as follows: 1. The investment funds will ONLY be used to purchase the needed components to fabricate miningware based on The Wasp Project Collectives design along with its supporting infrastructure - AND - the building of the new company website which will include SWMC's very own Hashing Exchange. 2. Earnings from the investment will be generated thru the following methods: i. Investment earnings will be reinvested to purchase more Hashing Power and will generate further earnings for the first 10 months of active investment. ii. $5 - 1GH/s for initial GH/s, the price for subsequent GH/s will based on the hardware purchased with the funds (Calculated at the USD/BTC exchange rate at the time of exchange not at the time of purchase (there is a waiting period for bank transfers.) iii. An equal share of 25% of hashing fees form SWMC’s Hashing Exchange for a period of 6 months (Starting when trading begins on the exchange) iv. Investor will own all of their GH/s, including the GH/s purchased in reinvestment of their earnings, and may keep them or sell their GH/s on SWMC’s Hashing Exchange at the end of the 12 month holding period. 3. A lump sum Payment of all earnings held in the investors account will be made in BTC not sooner than 12 full months after the SPPC purchase. At the same time that the lump sum payment is made to the investor, the investor will also take control of their GH/s. For those of you that would like the same benefits but can pay in BTC, I will be offering the same type of contract without the 12 month holding period and with no minimum purchase amount. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: davideak on February 19, 2014, 06:48:22 AM Hi James,
You've been talking about a Hashing Exchange similar to CEX.IO, will you be implementing a referral program too? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 19, 2014, 09:33:26 AM Hi James, You've been talking about a Hashing Exchange similar to CEX.IO, will you be implementing a referral program too? Of course! :) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 26, 2014, 02:39:38 AM Just a quick update. Made significant progress today on the New Website layout. Further work has been done towards the Hashing Exchange and some of the other features as well.
Will continue to update as things move along. ~James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on March 08, 2014, 10:04:09 PM We're getting closer to the Wasp A1 rollout! The initial bring up 2 Chip Wasp A1 in hand... pick and place and re-flow ongoing. http://i230.photobucket.com/albums/ee106/PFC4L1FE/DSCN0140_zpsef2d0b5a.jpg Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on March 15, 2014, 09:02:10 PM Since this thread hasn't been very active I thought that I would add this as an easier way to contribute and earn a portion of the trading fees from the new SWMC Hashing Exchange.
_______________________________________________________________________________ SWMC Hashing Exchange Development Shares - 25% of the total of all future trading fees has been designated as compensation for those who contribute towards the development of SWMC's Hashing Exchange and website. This will offer a nice passive income source for SWMC Hashing Exchange contributors. _______________________________________________________________________________ Out of the 25% of trading fees, 15% of the trading fees are being sold as SWMC Hashing Exchange Dev Shares for financial contributions with the remaining 10% being available for sweat-equity opportunities. Although there are no set numbers of shares to be sold, the total funding needed is approximately $7500. The sale of shares will be ended once this goal is reached. Click Here To Purchase Full Share: $150 (https://coinbase.com/checkouts/ca61b60ede6469a62a42dbd311ea11ac) Click Here To Purchase Patial Share: $75 (https://coinbase.com/checkouts/cf871c6c0d93842b3ffcc3ce0eac7784) All share values are in BTC. All shares sold will receive an equally divided portion of the total percentage of contributions based on the amount paid in USD for each share at the time of purchase. Share value will be $150 with partial shares priced at $75 and will be credited based on the USD/BTC exchange value at the time of purchase. You will not be penalized for any fluctuation in the USD/BTC exchange value at the time of exchange. Share value portions will be based on the total USD value of all share purchases. (e.g. $7500/$150 = 50 Shares | (15% of trading fees = 0.15) 0.15 / 50 = 0.3% of trading fees per full share.) Example of share earnings based on a total of 1000 BTC in trades: Trading Fee: 0.2% (not necessarily the final trading fee) Total Trading Fees Collected for 1000 BTC in Transactions: 2 BTC Full Share Portion of Collected Fees: 0.006 BTC USD Comparison at Current Exchange Value of BTC = $677 | 0.006 x $677 = $4.062 Daily Exchange Value of CEX.io: ~4000 BTC (4 x 1000 BTC in example) Equal Comparison in BTC of Share Value at CEX.io Daily Volume: 4 x $4.062 = $16.248 Full Share ROI at CEX.io Daily Volume: $150 / $16.248 = ~9.23 Days Total Value for 15% of Trading Fees at USD/BTC = $677: 50 x $16.248 = $812.40 Daily Total Value for 25% of Trading Fees at USD/BTC = $677: $1354 Daily Full Share ROI at CEX.io Daily Volume at USD/BTC at $1000: 0.006 x $1000 = $6 | 4 x $6 = $24 | $150 / $24 = 6.25 Days Total Value for 15% of Trading Fees at USD/BTC = $1000: 50 x $24 = $1200 Daily Total Value for 25% of Trading Fees at USD/BTC = $1000: x $24 = $2000 Daily _______________________________________________________________________________ There are No Limits on Shares per individual Click Here To Purchase Full Share: $150 (https://coinbase.com/checkouts/ca61b60ede6469a62a42dbd311ea11ac) Click Here To Purchase Patial Share: $75 (https://coinbase.com/checkouts/cf871c6c0d93842b3ffcc3ce0eac7784) [EDIT: Link to spreadsheet to track share information (https://docs.google.com/spreadsheets/d/1LaVipa1rcdsWLk1BpcW9o3fMeg9ZWGL3xWVWCCe7nls/pubhtml).] Title: Re: [Official Thread] - The SolarWind Mining Company Post by: LDR on March 15, 2014, 11:14:19 PM Will you please clarify some things:
Shares: Are we buying shares of SWMC the company, or shares of this one SWMC website's profits? If it is for all of SWMC, can shares be resold? Any plans to use something like Havelock investments or Cryptostocks? And how are shareholders represented within the organization (for example do we get to elect a board member or get a vote on decisions such as fee price)? Competition: What is the timeline for the completion of the website? Who is developing and maintaining the website? CEX has HUGE volume, in order to earn 4000 BTC in revenue a day, they trade ~310,000 in gh/s per day (4000 BTC volume/ 0.01290146 current price per gh/s). This doesn't even include gh/s that wasn't traded and just kept mining. How do you plan to get even a fraction of that kind of volume when CEX has a huge lead and millions in the bank? With its bigger bank can't CEX buy gh/s in greater bulk, thus paying less per gh/s and beating your prices? How do you plan to combat this especially since CEX can just buy WASPs too if they are cheaper per gh/s? Costs: Finally what about costs? Running a website at the scale of CEX costs thousands of dollars per month in server costs alone. On top of that it requires not just a developer but also things like a support team and a ton of add on services like Mandrill/Mailchimp, Cloudflare and Zendesk (these alone are like $500 per month for a high traffic site). And that is just the website, it doesn't include maintaining thousands of Asics and paying for electricity for them. In your post you have taken the revenue earned and divided it between shares without subtracting any costs whatsoever. This does not calculate ROI per share it calculates net revenue per share. Costs take up the vast majority of a business' revenue thus your ROI calculations are completely wrong. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on March 16, 2014, 04:14:27 AM Will you please clarify some things: Shares: Are we buying shares of SWMC the company, or shares of this one SWMC website's profits? If it is for all of SWMC, can shares be resold? Any plans to use something like Havelock investments or Cryptostocks? And how are shareholders represented within the organization (for example do we get to elect a board member or get a vote on decisions such as fee price)? It depends on what precisely you are referring to. If you are referring to the post immediately preceding your own (which is my assumption), then as a financial contributor to SWMC's Hashing Exchange development, you receive a portion of 25% of the total trading fees as outlined above. All costs are paid out of the remanding 75% of trading fees. This is true only for the SWMC Hashing Exchange as that is the offer specified. That's pure profit on the contributors side of this offer, so the ROI estimation is accurate if you assume the values given in the example as being accurate. To be clear, those figures are indeed accurate, but only if the full trading volume as represented is achieved. As with any investment, there are risks involved, so whether or not those numbers are achieved or not can't be known. If you're wondering where the company will make its profits with the Hashing Exchange, it will be in the sale of Hosted Wasp miningware, Bitcoin mining and hashes from SWMC's own miningware sold on the exchange. But this is just one facet of SWMC's business model, there are lots of opportunities to be explored in the future of Bitcoin's economic expansion. Most of these opportunities haven't even been invented yet! As far as shares in the company itself are concerned, you would be talking about a Founders Contract which does offer 25% (this would be after cost) of company profits as a perk. The back end process of the Hashing Exchange will also handle the sale of company shares and contracts, which will also be tradable, but this function will be a different part of the main website. I plan to expand the trading choices in the future to take advantage of the various decentralized exchanges like counterpartyd or Bitshares PTS (I will never use Havelock!) Investments are made and have rights to profits based on the type of investment made. There will not be board members because that would require a different business model than that which I wish to use. (I just simply wouldn't function well in that type of political environment.) Even so, I would never ignore those who are supporting SWMC and will always seek to make them happy and be worthy of their trust. Voting on specific actions will be offered based on need and customer opinions and if it seems the best way to resolve a serious issue. Competition: What is the timeline for the completion of the website? Who is developing and maintaining the website? CEX has HUGE volume, in order to earn 4000 BTC in revenue a day, they trade ~310,000 in gh/s per day (4000 BTC volume/ 0.01290146 current price per gh/s). This doesn't even include gh/s that wasn't traded and just kept mining. How do you plan to get even a fraction of that kind of volume when CEX has a huge lead and millions in the bank? With its bigger bank can't CEX buy gh/s in greater bulk, thus paying less per gh/s and beating your prices? How do you plan to combat this especially since CEX can just buy WASPs too if they are cheaper per gh/s? If you look around at other industries, you'll notice that, for the most part, there are at least three companies at the top of the industry, these are often referred to as "The Big Three." So far, there is only one company of note that trades mining hashes like a commodity and that is CEX. One issue with CEX is that you have to use your mining hashes on their mining pool. Not so long ago, CEX's network hashing share was threatening to surpass more than 50% of the entire Bitcoin Hashing Network, this resulted in fears of the dreaded 51% attack becoming possible and a loss of a significant of support for CEX. One of the ways that SWMC would use to avoid such concerns is to allow those who exchange hashing power on SWMC's Hasing Exchange to choose their own mining pool or even mine solo if they wish. Combine that with hosted mining that offers the same benefit, then I believe that The SWMC Hashing Exchange's model will have a great deal of support within the Bitcoin community and that will lead to a successful business model. Additionally, as time marches on, the costs of Bitcoin mining will rise beyond the ability of most individuals to afford (to keep up with) on their own. Just as mining pools helped solve this issue before, collective participation in mining farms will be a similar solution moving forward. Hashing exchange platforms and similar solutions will become the norm, so the market will only increase as things progress in this direction. It's advantageous for SWMC to establish itself while this trend is still in its early stages. It is also advantageous for investors to take advantage of any offer that gives them a significant portion of the income generated by trading fees. It may not be so much now, but the potential is significant as time and the associated market share progresses. In the future, a volume of 4000 BTCs worth of trading in a day will seem rather small for a single exchange. The concern of the Bitcoin community over keeping the Decentralized Nature of Bitcoins Decentralized Network sanctimonious will limit CEX's ability to grow, but does allow other organizations to flourish if they offer a way to profit/participate in Bitcoin mining and help preserve Bitcoins Decentralized Network at the same time. CEX's enormous coffers do not compare to the total funds available amongst the Bitcoin community as a whole. So if SWMC gains significant support in the community funding shouldn't (won't) be an issue. Besides this fact, it isn't SWMC goal to surpass CEX or beat them in any race for hashing power. As a faithful believer in what Bitcoin can provide to the world, my goal is to support the Bitcoin community and the Bitcoin Network as best as I can. I believe CEX already uses their own hardware design using bitfury chips. So if they switch to Wasps, I don't see that changing much at all. On top of this, CEX doesn't market their hardware and all of the hashing power that they sell is on their exchange. Again, I don't see that changing much even if they adopt the Wasp designs. Add to this what I just mentioned above and I have even less concern about this issue. Costs: Finally what about costs? Running a website at the scale of CEX costs thousands of dollars per month in server costs alone. On top of that it requires not just a developer but also things like a support team and a ton of add on services like Mandrill/Mailchimp, Cloudflare and Zendesk (these alone are like $500 per month for a high traffic site). And that is just the website, it doesn't include maintaining thousands of Asics and paying for electricity for them. Well, CEX didn't just materialize into existence one evening all ready to go, they had to grow over time. As SWMC needs to expand its capabilities, it will do so. The rest of what you mention is just the costs of doing business and when the time comes for those things to be added, well, I need not repeat my statment. Quote from: LDR link=topic=297334. msg5719514#msg5719514 date=1394925259 In your post you have taken the revenue earned and divided it between shares without subtracting any costs whatsoever. This does not calculate ROI per share it calculates net revenue per share. Costs take up the vast majority of a business' revenue thus your ROI calculations are completely wrong. I believe I already addressed this point.Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on March 21, 2014, 06:56:17 AM Further progress has been made by The WPC on the A1 Wasp test board...
It's ALIVE! A note from the WPC EE: Quote I am blinking the lights! So: 1. 3.3V regulator working 2. JTAG interface to UC3C working 3. Processor is initializing 4. ASF now working (took moving to Studio 6.2, since all UC3C was broken in 6.1) 5. 12MHz oscillator is working 6. Can do one LED - all 3 colors are working Yay! (Finally!) http://i230.photobucket.com/albums/ee106/PFC4L1FE/WaspALive_zpsdb7d2cce.png Download the Wasp P0rn movie here: https://drive.google.com/file/d/0B3u-c97pGdlfdlI4Mk1SdE5NVFE/edit?usp=sharing Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Cyberius Maximus on April 01, 2014, 05:06:14 PM Very few things are more rewarding than blinking LEDs. I don't know why.
I see the website is back up. What's been happening? How's the mining going and what bitcoin hardware have you got mining? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on April 01, 2014, 11:25:08 PM Very few things are more rewarding than blinking LEDs. I don't know why. Hello Cyberius, nice to hear from you!I see the website is back up. What's been happening? How's the mining going and what bitcoin hardware have you got mining? ATM, SWMC hasn't any hardware hashing because we are waiting for the KnC Neptune to arrive. Current investors will start earning with 300-450 GH/s once the miner arrives and is hashing away. Investors will also receive, in addition to the Neptune hashing share, bonus hashes from SWMC's Hashing Exchange once it is up and running. The hashing power will be figured to provide each investor an amount that will double their investment amount within 2-4 months (adjusted as needed.) Considering that the total BTC invested into SWMC from shareholders is less than 7 BTC, this won't take a great deal of the hasing power and will be a very small precent of the hashing power provided by SWMC's Hashing Exchange. The best way to get all of the updates for whats happening now with The SWMC, is to review prior posts that I have made starting with post #212 (https://bitcointalk.org/index.php?topic=297334.msg3838358#msg3838358) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: pripma on April 10, 2014, 09:24:23 PM James,
I sent you an e-mail just now regarding my shares of the Neptune. Can you reply and validate the information? I am using the info@solarwindmining.com e-mail. This is the e-mail I received when I purchased my shares. Is this the correct e-mail or should we be contacting you using another e-mail address. Thanks Pete Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on April 11, 2014, 06:54:15 PM James, You bet, that email address is now working and your information is confirmed.I sent you an e-mail just now regarding my shares of the Neptune. Can you reply and validate the information? I am using the info@solarwindmining.com e-mail. This is the e-mail I received when I purchased my shares. Is this the correct e-mail or should we be contacting you using another e-mail address. Thanks Pete Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on May 03, 2014, 08:58:36 PM Just dropping in to let everyone that we are still working hard at getting the new website and Hashing Exchange up and running. Nothing of note to mention as we are currently working on the framework which isn't all that exciting.
Regards, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on May 07, 2014, 11:02:52 PM Just found this NEWS RELEASE (https://www.kncminer.com/news/news-87) from KnCMiner, all Neptune customers from the first and second batch will receive a second Neptune FOR FREE!! That means that we will receive a total minimum of 6 TH/s, if my estimate of 4.5 TH/s is correct we will receive ~9-10 TH/s in total :). Quote from: KnCMiner Neptune performance upgrade 4/28/2014 6:48:00 PM KnCMiner Offers Two-for-One Deal on Bitcoin Mining’s Most Powerful Machine to Loyal Customers STOCKHOLM, DATE, 2014 — KnCMiner (https://www.kncminer.com/), the most trusted brand in Bitcoin mining, announced today that it will give every current customer who has an outstanding order for a machine from its Neptune line’s first two batches a free Neptune from its upcoming “third batch” of Neptunes. This represents a $5,995 value and, perhaps more importantly, will provide KnCMiner’s most loyal customers with twice the hashing power they would have otherwise received with just one of these machines. “We know that it is getting tougher to successfully mine in this environment and we want our customers to have every advantage we can give them,” said KnCMiner CEO Sam Cole. “So to combat the downward trend in mining returns for the customers who have been with us right from the beginning, and to show our competition we mean business, we will be over-delivering again on all orders.” Neptune is KnCMiner’s first 20nm product. It features a minimum of 3,000 GH/s (aka 3 TH/s) of hashing speed, five times faster than the company’s most recent bestselling miner, the Jupiter. It also boasts a 30 percent reduction in watts-per-GH. Thanks to KnCMiner’s offer, each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August. “As miners face growing competition, and the increasing difficulty to mine Bitcoin, we will keep working on creative and unorthodox ways to put the best and most loyal customers on the planet first and provide them with the competitive edge they’ve come to expect from KnCMiner,” said Cole. The company has recently announced other initiatives to engage all form of cryptominers, including the launch of a “Mini Neptune” machine (1500 GH/s, $3,495), and for all those Litecoin and Dogecoin enthusiasts, the availability of scrypt miners—the Titan (300 MH/s, $9,995) and “Mini Titan” (150 MH/s, $5,495). KnCMiner also offers cloud-hosted mining participation to existing customers. To learn more about these products and services, please visit https://www.kncminer.com. About KnC KnCMiner is the most trusted brand in Bitcoin mining. The company specializes in building leading-edge hardware that secures transactions for the distributed Bitcoin network and other digital currency pools like Litecoin and Dogecoin. KnCMiner offers a range of goods and services that allow for all levels of cryptomining participation, large and small. The company was founded in 2013 by Sam Cole, Marcus Erlandsson, Andreas Kennemar and Michael Unnebäck after the merger of ORSoC AB and Kennemar & Cole AB. The company’s leadership team has almost 30 years worth of experience in bringing excellent services and products to the global market. For more information, please visit https://www.kncminer.com. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on May 18, 2014, 09:31:41 AM Thanks for the updates. You can show my username too. All done.Just a heads up, I am working on submitting an application to Havelock Investments (https://www.havelockinvestments.com/)to raise capital for the SWMC Hashing Exchange. This will be a ground floor opportunity to earn a BTC income on the other side of the industry, rather than buying miningware to mine with, owners of shares in the SWMC Hashing Exchange will be earning BTC as a profit share in the Hashing Exchange's miningware and hash sales as well as on the hosting fees. The capital to be raised will be used to finance the physical infrastructure (miningware fabrication and supporting systems.) I have tried to raise the funds directly so as to save on some of the fees involved in an IPO, but there is little interest. So I will try the Havelock route to see if this improves the situation. Thanks! James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on May 18, 2014, 11:22:39 PM Just a heads up, I am working on submitting an application to Havelock Investments (https://www.havelockinvestments.com/)to raise capital for the SWMC Hashing Exchange. This will be a ground floor opportunity to earn a BTC income on the other side of the industry, rather than buying miningware to mine with, owners of shares in the SWMC Hashing Exchange will be earning BTC as a profit share in the Hashing Exchange's miningware and hash sales as well as on the hosting fees. The capital to be raised will be used to finance the physical infrastructure (miningware fabrication and supporting systems.) I have tried to raise the funds directly so as to save on some of the fees involved in an IPO, but there is little interest. So I will try the Havelock route to see if this improves the situation. Thanks! James Have you considered just consolidating the entire business in to Havelock? In that method, you can give those of us shares equal to what we "own" right now, and then raise additional capital and only have to worry about the payment sending through one medium. It would also go to help provide a more transparent listing as to what we own. In my case, for example, I know what you've said I own but there's no public documentation of that. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on May 19, 2014, 05:11:43 AM Have you considered just consolidating the entire business in to Havelock? In that method, you can give those of us shares equal to what we "own" right now, and then raise additional capital and only have to worry about the payment sending through one medium. It would also go to help provide a more transparent listing as to what we own. In my case, for example, I know what you've said I own but there's no public documentation of that. I have considered something like what you suggest, the problem is the IRS's recent rules make the former business structure difficult and costly to manage. I will be shifting to a managed hosting format to avoid the immense amount of paperwork and personal information those rules will require, this will require a change in share terms. Fortunately (sort of), the current number of investors is small so fulfilling the promise to them will not cost SWMC a huge fortune. I am waiting on $13,000+ which will be more than enough to double ALL current investments, but the company that owes SWMC the money is has not made a payment in months. Even though they are having some trouble of their own, I still believe they will pay up. I am likely to offer some nice incentives using this money for a buyout or conversion of current shares. I will let you know more when the account is finally settled. Regards, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on May 19, 2014, 05:19:50 AM Have you considered just consolidating the entire business in to Havelock? In that method, you can give those of us shares equal to what we "own" right now, and then raise additional capital and only have to worry about the payment sending through one medium. It would also go to help provide a more transparent listing as to what we own. In my case, for example, I know what you've said I own but there's no public documentation of that. I have considered something like what you suggest, the problem is the IRS's recent rules make the former business structure difficult and costly to manage. I will be shifting to a managed hosting format to avoid the immense amount of paperwork and personal information those rules will require, this will require a change in share terms. Fortunately (sort of), the current number of investors is small so fulfilling the promise to them will not cost SWMC a huge fortune. I am waiting on $13,000+ which will be more than enough to double ALL current investments, but the company that owes SWMC the money is has not made a payment in months. Even though they are having some trouble of their own, I still believe they will pay up. I am likely to offer some nice incentives using this money for a buyout or conversion of current shares. I will let you know more when the account is finally settled. Regards, James That sounds good! I look forward to hearing more as the time comes, :). Also, just as a heads-up, I am up for more work with SWMC as things come up (hopefully you still remember who I am, :p). Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on May 19, 2014, 05:45:47 AM That sounds good! I look forward to hearing more as the time comes, :). Also, just as a heads-up, I am up for more work with SWMC as things come up (hopefully you still remember who I am, :p). No worries ranlo, I haven't forgotten you, I never forget my friends! :) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on May 19, 2014, 05:52:31 AM That sounds good! I look forward to hearing more as the time comes, :). Also, just as a heads-up, I am up for more work with SWMC as things come up (hopefully you still remember who I am, :p). No worries ranlo, I haven't forgotten you, I never forget my friends! :) Thanks! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on May 21, 2014, 11:10:52 PM Check it out, coolist thing in quite awhile!! Check it out!! This is similar to an Idea I was working on, but they got there first!! Youtube (https://www.youtube.com/watch?v=qlTA3rnpgzU#t=12) Indiegogo Page: Solar Roadways (https://www.indiegogo.com/projects/solar-roadways/x/6978312) Collecting donations for the Solar Roadways Project (https://www.indiegogo.com/projects/solar-roadways/x/6978312) Donation Address: BTC1KUHaFVg7mBLaSeL6NN9FwA77nEydkSZ3K Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on June 17, 2014, 07:21:21 PM NEPTUNE'S START SHIPPING THIS WEEK!! https://pbs.twimg.com/media/BqWGci4CIAAnfkB.jpg:large https://www.kncminer.com/news/news-94 (https://www.kncminer.com/news/news-94) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on June 17, 2014, 07:45:53 PM Just some quick guesswork on the hashing power that the Neptune may provide based on the Jupiter's performance numbers...
1440 cores @ 716 MH/s per core = 1.03104 TH/s per chip * 5 chips (not 4 chips as I previously assumed) = 5.1552 TH/s per Neptune * 2 Nuptune's = 10.3104TH/s for our GB 1440 cores @ 781 MH/s per core = 1.12464 TH/s per chip * 5 chips = 5.6232 TH/s per Neptune * 2 Neptune's = 11,2464 TH/s for our GB ** Of course, we must realize that the chips may perform better or worse than the Jupiter's chips. They may have added a fifth chip to compensate for lower than expected performance of the Neptune chips -OR- They may have added the fifth chip to make sure their customers make ROI+. We'll have to wait and see... Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on June 20, 2014, 08:10:03 AM Just some quick guesswork on the hashing power that the Neptune may provide based on the Jupiter's performance numbers... 1440 cores @ 716 MH/s per core = 1.03104 TH/s per chip * 5 chips (not 4 chips as I previously assumed) = 5.1552 TH/s per Neptune * 2 Nuptune's = 10.3104TH/s for our GB 1440 cores @ 781 MH/s per core = 1.12464 TH/s per chip * 5 chips = 5.6232 TH/s per Neptune * 2 Neptune's = 11,2464 TH/s for our GB ** Of course, we must realize that the chips may perform better or worse than the Jupiter's chips. They may have added a fifth chip to compensate for lower than expected performance of the Neptune chips -OR- They may have added the fifth chip to make sure their customers make ROI+. We'll have to wait and see... looking forward to that :O Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on June 30, 2014, 04:20:03 PM Place Your Vote Should we convert the second Neptune to a Titan scrypt miner? Apparently, the performance of the Neptune is unexpectedly disappointing. Looks like KNC has had some issues with their new chip. Although the hash rate at 3.3 TH/s is higher than the Jupiter, the Neptune is under-performing per core compared to the Jupiter, and that is with a FIFTH chip added to the mix... That comes out at just over 486 MH/s per core, just about two thirds that of Jupiter's 716-781 MH/s per core. I am assuming that they have either a high dead core count or that in their rush to ship the Neptune's that they haven't tweaked the firmware well enough... KNC states that the will be offering the opportunity to receive their new Titan scrypt miner instead of the second Neptune. So lets vote on whether or not to take the Neptune or the Titan... All votes count, you must vote or you leave the decision to those who do vote Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 04, 2014, 07:10:31 AM I vote to get any machine that will start hashing first. This is a race - the ones who start hashing first win. I prefer mining bitcoin, but if they have these TITANS on hand then get them. no, i think titan isnt ready yet. neptune 2nd batch would be sooner. bitcoin for my vote op is that wasp thing ever coming off? The WPC is still active, the latest board to be produced is the Spondoolies Whiteface mining board. This is a test mining board for the Allied Control Cooling Container project. All current boards are proof of concept tests, currently the only chips being used are ones that will not reach ROI. SWMC is planning on offering preorders for hashing power based on the SWMC Hashing Exchange that is currently being tested internally. When I do offer the GH/s to early adopters, there will be an ROI+ guarantee and some nice bonus included, but again, that is for early adopters only. I wanted to offer a beta version of the Hashing Exchange before I offered any preorders, but we may not be able to wait that long. Many of the big mining companies out there are buying up chips long before the average individual even knows the chips will be available. That makes it nearly impossible to get enough chips that will afford us an ROI by the time those chips are released. All of the big mining companies (including ASIC hardware manufacturers) are moving to a cloud mining platform. It wont be too many months from now and you wont be able to purchase personal miningware at all, simply because it will cost to much to keep up (if we aren't already there and just haven't decided to accept it yet,) or there won't be anyone who wants to sell miningware to you. It is soon to become an only big players league when it comes to Bitcoin mining. That's why I am building the SWMC Hashing Exchange, so we can still be in the game and be just as profitable... To make this work, SWMC will need to raise some serious capital. So the plan is to offer an initial total hashing power of 2-4 PH/s at somewhere around 85¢ a GH/s with an ROI+ guarantee for early adopters. We are currently in negotiations with Allied Control as part of the development of our data center which will be utilizing immersion cooling methods like that which is provided by Allied Control (http://Immersion Cooling). We are also working on getting access to 5.5¢ kWh electricity. I have dual US/British citizenship, so I am considering basing part of SWMC in The Isle of Man (http://www.coindesk.com/isle-man-welcomes-digital-currency-exchanges-license-required/) which is a Bitcoin friendly country. It may not look like much is happening with SWMC on your end, but there is a lot of activity on mine. Just to measure your interest, what price point for hashing power would motivate you to preorder hashing power with an ROI+ guarantee from The SWMC Hashing Exchange with the understanding that the exchange is in the development stage and that hashing power may not go live for several months? After sufficient hashing power is being circulated on the exchange, SWMC will never offer preorders again. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on July 04, 2014, 08:17:09 AM I vote to get any machine that will start hashing first. This is a race - the ones who start hashing first win. I prefer mining bitcoin, but if they have these TITANS on hand then get them. no, i think titan isnt ready yet. neptune 2nd batch would be sooner. bitcoin for my vote op is that wasp thing ever coming off? The WPC is still active, the latest board to be produced is the Spondoolies Whiteface mining board. This is a test mining board for the Allied Control Cooling Container project. All current boards are proof of concept tests, currently the only chips being used are ones that will not reach ROI. SWMC is planning on offering preorders for hashing power based on the SWMC Hashing Exchange that is currently being tested internally. When I do offer the GH/s to early adopters, there will be an ROI+ guarantee and some nice bonus included, but again, that is for early adopters only. I wanted to offer a beta version of the Hashing Exchange before I offered any preorders, but we may not be able to wait that long. Many of the big mining companies out there are buying up chips long before the average individual even knows the chips will be available. That makes it nearly impossible to get enough chips that will afford us an ROI by the time those chips are released. All of the big mining companies (including ASIC hardware manufacturers) are moving to a cloud mining platform. It wont be too many months from now and you wont be able to purchase personal miningware at all, simply because it will cost to much to keep up (if we aren't already there and just haven't decided to accept it yet,) or there won't be anyone who wants to sell miningware to you. It is soon to become an only big players league when it comes to Bitcoin mining. That's why I am building the SWMC Hashing Exchange, so we can still be in the game and be just as profitable... To make this work, SWMC will need to raise some serious capital. So the plan is to offer an initial total hashing power of 2-4 PH/s at somewhere around 85¢ a GH/s with an ROI+ guarantee for early adopters. We are currently in negotiations with Allied Control as part of the development of our data center which will be utilizing immersion cooling methods like that which is provided by Allied Control (http://Immersion Cooling). We are also working on getting access to 5.5¢ kWh electricity. I have dual US/British citizenship, so I am considering basing part of SWMC in The Isle of Man (http://www.coindesk.com/isle-man-welcomes-digital-currency-exchanges-license-required/) which is a Bitcoin friendly country. It may not look like much is happening with SWMC on your end, but there is a lot of activity on mine. Just to measure your interest, what price point for hashing power would motivate you to preorder hashing power with an ROI+ guarantee from The SWMC Hashing Exchange with the understanding that the exchange is in the development stage and that hashing power may not go live for several months? After sufficient hashing power is being circulated on the exchange, SWMC will never offer preorders again. news on the neptune? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 04, 2014, 03:43:14 PM Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 12, 2014, 06:21:32 AM Our first Neptune has shipped, it is currently waiting for the Clearing Agency to give it a pass. The package should arrive before or by late Wednesday afternoon. Posted From bitcointalk.org Android App Title: Re: [Official Thread] - The SolarWind Mining Company Post by: WillShill4BTC on July 12, 2014, 07:18:42 PM Even I can't help here.
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on July 13, 2014, 05:42:09 AM looking forward to that :P
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 16, 2014, 05:45:41 PM The Neptune has arrived, unfortunately the controller board has to be RMA'ed, that's going to be another wasted week! UPDATED Batch 2 Order #140xx Date of payment: 2013 December Method of Payment: Bitpay Number of machines ordered: 1 Country: USA Delivered 2014 July 16 >:( *Controller Board RMA'ed* >:( Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 18, 2014, 06:14:49 PM James Tate (Featured in Cointelegraph's Community Section) (http://cointelegraph.com/news/112066/james-tate)
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: MTBmanTT on July 19, 2014, 01:25:47 AM James Tate (Featured in Cointelegraph's Community Section) (http://cointelegraph.com/news/112066/james-tate) Nice! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 21, 2014, 03:41:40 AM James Tate (Featured in Cointelegraph's Community Section) (http://cointelegraph.com/news/112066/james-tate) Nice! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 29, 2014, 07:32:16 PM We are now mining with our first Neptune. The conversation about our mining operation starts at the following link.
https://bitcointalk.org/index.php?topic=348417.msg8026306#msg8026306 Everyone who has made an investment and all free bitshare recipients, please make sure that I have your payment address and make sure it is an address that you control. You will need access to your private key because I will be using Counterparty to issue earnings... OK, Counterparty... There are two reasons we would want to use Counterparty: 1. Using Counterparty will make payments very easy and far less prone to human errors. 2. Creating a Counterparty asset will make your purchased GH/s tradable on Counterparty's decentralized exchange. I have created an asset within Counterparty that I have named MINERPAY. There is 1 MINERPAY asset for each GH/s. There are two options available to you, 1. You can open a Counterparty wallet and either: Update your payment address -OR- If you have access to the private key of your payment address, you can sweep the MINERPAY assets from your payment address into your Counterparty address. 2. If you do not care about being able to sell or trade your GH/s, do nothing and I'll send your payments as normal. You can always change your mind later. REMEMBER!! DO NOT REQUEST THAT ANY COUNTERPARTY ASSETS BE SENT TO AN ADDRESS WHO'S PRIVATE KEY YOU DO NOT HAVE ACCESS TO!! YOU MUST HAVE ACCESS TO THE PRIVATE KEY OF ANY ADDRESS THAT YOU HAVE COUNTERPARTY ASSETS SENT TO OR YOU WILL NEVER BE ABLE TO HAVE ACCESS THOSE ASSETS!! Posted From bitcointalk.org Android App Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on July 29, 2014, 11:55:13 PM This is an unofficial pre-announcement meant to inform the Counteryparty Community about a new asset class being made available to Counterparty users... The SolarWind Mining Company (SWMC) has been working on building a Hashing EXchange (HEX) for the past several months. SWMC expects to have the official launch of the SWMC-HEX sometime between mid September and late November. SWMC will be offering preorders for Bitcoin mining hash power via Counterparty through an asset called SWMCHEX (http://blockscan.com/assetInfo.aspx?q=SWMCHEX). About the SWMCHEX asset: One SWMCHEX is equal to one GHS, and a total of 5 PH/s (5,000,000 SWMCHEX) have been issued with 4,000,000 SWMCHEX being sold at ~85¢/GHS. Bitcoin earnings from mining will be paid via Counterparty's built in dividend feature. SWMC-HEX is making the first 1,000,000 SWMCHEX (1 PH/s) available now and there will be a 10% bonus to purchasers. So, if you purchase 100 SWMCHEX you'll actually receive 110 GHS!! The additional 1,000,000 SWMCHEX will be used for bonuses, giveaways, bounties, to cover variances in the exchange rate of BTC or are to be sold before launch. Be one of the first 500 purchasers of at least 100 GHS and you'll be eligible to win 1 TH/s worth of SWMCHEX!! Some of the major features of the SWMC-HEX: Tradable Mining Power which can be bought our sold at a price you determine Instant ROI Calculation based on you buy price allows you to estimate how long it will take for your purchased hashing power to mine enough currency to reach your targeted ROI, at what price you must sell hashing power you own to obtain ROI or what combination of both mining time and sell price will achieve ROI for you... By using the Instant ROI Calculation you will be empowered to make the right decision on your mining purchases and the tool so you never have to buy to high, sell to low or to soon to reach ROI ever again... Our hosted miningware will be utilizing Immersion Cooling (https://www.youtube.com/watch?v=a6ErbZtpL88) to increase efficiency and protect the miningware from heat damage and extending its usability SWMC's miningware will be Fabricated by the SWMC using open source hardware PCBs specifically designed to work with any cryptocurrency mining chip, making the SWMC-HEX capable of scaling up mining power very quickly using the most cost effective hashing power available at any given time SWMC believes that large mining operations should help protect the Decentralized Nature of Bitcoin's Hashing Network, so,.. The SolarWind Mining Company will make it possible for owners of hashing power on the SWMC-HEX to point that hashing power to any mining pool that they wish, essentially the same way that they would control a physical miner in their own possession. A "Create Your Own Mining Pool" feature which can be used for solo mining or for creating a mining pool that others can join for crowdfunding, group buys, investments, savings accounts, retirement funds, etc,.. etc,.. etc,.. Miningware hosted in a US location with 5.5¢ kw/h electricity Title: Re: [Official Thread] - The SolarWind Mining Company Post by: pedrog on August 09, 2014, 08:56:28 PM How do I claim my free share?
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: xTachibana on August 10, 2014, 12:23:56 PM How do I claim my free share? after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Title: Re: [Official Thread] - The SolarWind Mining Company Post by: pedrog on August 10, 2014, 04:12:06 PM How do I claim my free share? after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Thanks. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on August 10, 2014, 08:32:07 PM How do I claim my free share? after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on August 10, 2014, 10:01:59 PM How do I claim my free share? after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Decided to post this question publicly rather than email (so it's out in the open as I'm sure I won't be the only one to ask). When are the dividends going to start posting, and at what time-frame after? You stated "bi-weekly" in your email but there was no information on when to expect the start. Thanks! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on August 11, 2014, 06:13:34 AM How do I claim my free share? after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Decided to post this question publicly rather than email (so it's out in the open as I'm sure I won't be the only one to ask). When are the dividends going to start posting, and at what time-frame after? You stated "bi-weekly" in your email but there was no information on when to expect the start. Thanks! Your payment address isn't listed on the investor sheet (https://docs.google.com/spreadsheet/ccc?key=0AvMjxnIDQFujdHpHd0ZaNkFIZGw4QmtWdW0zbGxVSkE&usp=sharing) (where you can see all payments,) have you sent it yet? (Be sure to read this. (https://bitcointalk.org/index.php?topic=348417.msg8030277#msg8030277)) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on August 11, 2014, 02:52:07 PM How do I claim my free share? after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Decided to post this question publicly rather than email (so it's out in the open as I'm sure I won't be the only one to ask). When are the dividends going to start posting, and at what time-frame after? You stated "bi-weekly" in your email but there was no information on when to expect the start. Thanks! Your payment address isn't listed on the investor sheet (https://docs.google.com/spreadsheet/ccc?key=0AvMjxnIDQFujdHpHd0ZaNkFIZGw4QmtWdW0zbGxVSkE&usp=sharing) (where you can see all payments,) have you sent it yet? (Be sure to read this. (https://bitcointalk.org/index.php?topic=348417.msg8030277#msg8030277)) I just checked; I'm on the list, :). I actually did get a payment on August 5th (not 2nd) that I thought was tied to this, but according to "Blockscan" there were no dividends paid yet on either MINERPAY or SWMCHEX, so it confused me. I didn't get any of the followup payments, though, but based on what I can tell from the listing I'm already somewhat caught up. Which leads to a couple more questions: My row shows these stats (Row 12): Payment After Deductions: 0.00316318 Remainder: 0.000000007204298 Total Payments: - Neptune Earnings: 0.009924167393713 These don't appear to match up properly, being that it shows total earnings as being almost 0.01 BTC but the amount paid out to be caught up at less than 1/3 of that. Also, is there any way to set a minimum threshold for payments so we don't get a lot of micro-transactions? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on August 15, 2014, 06:09:14 PM Sneak Peak: Graphics element from SWMC's new website design. http://lh6.googleusercontent.com/-lJ9zda8I4dU/U-5NMzwEJfI/AAAAAAAAAHI/Im5TMAtr33w/w629-h509-no/Bitcoin%2BSeal%2B-%2Bsmall.png Title: Re: [Official Thread] - The SolarWind Mining Company Post by: desired_username on August 16, 2014, 05:15:01 AM Sneak Peak: Graphics element from SWMC's new website design. http://lh6.googleusercontent.com/-lJ9zda8I4dU/U-5NMzwEJfI/AAAAAAAAAHI/Im5TMAtr33w/w629-h509-no/Bitcoin%2BSeal%2B-%2Bsmall.png Oh my god a sneak peak of a graphic element? PEOPLE! LET'S GIVE ALL OUR BITCOINS TO THIS UNKNOWN STRANGER! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: davideak on August 16, 2014, 08:21:19 AM Oh my god a sneak peak of a graphic element? PEOPLE! LET'S GIVE ALL OUR BITCOINS TO THIS UNKNOWN STRANGER! up till now he has stood by his word. you don't have to participate in anything he is organizing. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on August 16, 2014, 04:04:15 PM Oh my god a sneak peak of a graphic element? PEOPLE! LET'S GIVE ALL OUR BITCOINS TO THIS UNKNOWN STRANGER! up till now he has stood by his word. you don't have to participate in anything he is organizing. This right here. He's followed through with everything he said he would and keeps striving to make SWMC work. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on August 18, 2014, 06:04:29 AM Thanks davideak, ranlo... you guys are the best!
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on August 18, 2014, 06:33:12 AM Thanks davideak, ranlo... you guys are the best! NP! I am still a bit confused as to why our earnings are showing up differently than the Neptune earnings. Here's my previous post (row # and stats may be different now -- this was over a week ago): ----- My row shows these stats (Row 12): Payment After Deductions: 0.00316318 Remainder: 0.000000007204298 Total Payments: - Neptune Earnings: 0.009924167393713 These don't appear to match up properly, being that it shows total earnings as being almost 0.01 BTC but the amount paid out to be caught up at less than 1/3 of that. Also, is there any way to set a minimum threshold for payments so we don't get a lot of micro-transactions? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on August 18, 2014, 05:09:20 PM Thanks davideak, ranlo... you guys are the best! NP! I am still a bit confused as to why our earnings are showing up differently than the Neptune earnings. Here's my previous post (row # and stats may be different now -- this was over a week ago): ----- My row shows these stats (Row 12): Payment After Deductions: 0.00316318 Remainder: 0.000000007204298 Total Payments: - Neptune Earnings: 0.009924167393713 These don't appear to match up properly, being that it shows total earnings as being almost 0.01 BTC but the amount paid out to be caught up at less than 1/3 of that. Also, is there any way to set a minimum threshold for payments so we don't get a lot of micro-transactions? Sorry ranlo, I've been really busy lately, but I think this will answer your questions... If you look on the first page the KnCMiner Neptune Spreadsheet (https://docs.google.com/spreadsheet/ccc?key=0AvMjxnIDQFujdHpHd0ZaNkFIZGw4QmtWdW0zbGxVSkE) on row 4 (Order # 0) you'll notice that column D states "SWMC Investor Pool," that is the 300 GHS that was reserved for previous investors. Being in the investor class, your earnings are part of the SWMC Investor Pool portion of BTC mined with the Neptune, and as such, the Electrical/Maintenance/Transaction Fees have already been deducted on the first page. The second page "Investor Sheet" is a breakdown of how the BTC earnings are divided amongst all previous investors. Your "Payment After Deductions" is your share of the Neptune's BTC earnings that was paid during the last payment, except that I did not have your payment address at the time of the last payment so the payment was not sent. The reason the "Last Payment Sent" column states "Paid - MINERPAY, SWMCHEX" is a reminder that you have been paid your MINERPAY and SWMCHEX, but the last BTC payment is still owed to you. The amount will be sent with the next payment. The "Remainder" is the amount of BTC you are due but can not be sent because the Bitcoin client does not send amounts below 8 decimals in size. This amount will accumulate until the total remainder amounts add-up to an amount above 8 decimals, then that amount (minus any further remaining amount below 8 decimals) will be included into the next payment. The "Neptune Earnings" is the total BTC that your share has earned to-date. As for a minimum payment threshold. The way Counterparty works when sending a distributed payment is that the payment is automatically split-up between the total assets and proportionally sent to each address that holds the asset. So no, there is no way to set a payment threshold for individual address' when using Counterparty. The first payment was more of a token payment to indicate that I was making good on my promises. The amounts sent were smaller than will be typical because mining had only been operational for a few days. The rest of the payments should be larger, but will gradually decrease over time as the difficulty level increases and earnings decrease. I may extend the length of time between payments to minimize the cost percentage for the transaction fees when the earnings decline to a certain level. Does that clear it up for you? If not, just let me know what is not clear and I will explain... Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on August 18, 2014, 06:42:23 PM Thanks davideak, ranlo... you guys are the best! NP! I am still a bit confused as to why our earnings are showing up differently than the Neptune earnings. Here's my previous post (row # and stats may be different now -- this was over a week ago): ----- My row shows these stats (Row 12): Payment After Deductions: 0.00316318 Remainder: 0.000000007204298 Total Payments: - Neptune Earnings: 0.009924167393713 These don't appear to match up properly, being that it shows total earnings as being almost 0.01 BTC but the amount paid out to be caught up at less than 1/3 of that. Also, is there any way to set a minimum threshold for payments so we don't get a lot of micro-transactions? Sorry ranlo, I've been really busy lately, but I think this will answer your questions... If you look on the first page the KnCMiner Neptune Spreadsheet (https://docs.google.com/spreadsheet/ccc?key=0AvMjxnIDQFujdHpHd0ZaNkFIZGw4QmtWdW0zbGxVSkE) on row 4 (Order # 0) you'll notice that column D states "SWMC Investor Pool," that is the 300 GHS that was reserved for previous investors. Being in the investor class, your earnings are part of the SWMC Investor Pool portion of BTC mined with the Neptune, and as such, the Electrical/Maintenance/Transaction Fees have already been deducted on the first page. The second page "Investor Sheet" is a breakdown of how the BTC earnings are divided amongst all previous investors. Your "Payment After Deductions" is your share of the Neptune's BTC earnings that was paid during the last payment, except that I did not have your payment address at the time of the last payment so the payment was not sent. The reason the "Last Payment Sent" column states "Paid - MINERPAY, SWMCHEX" is a reminder that you have been paid your MINERPAY and SWMCHEX, but the last BTC payment is still owed to you. The amount will be sent with the next payment. The "Remainder" is the amount of BTC you are due but can not be sent because the Bitcoin client does not send amounts below 8 decimals in size. This amount will accumulate until the total remainder amounts add-up to an amount above 8 decimals, then that amount (minus any further remaining amount below 8 decimals) will be included into the next payment. The "Neptune Earnings" is the total BTC that your share has earned to-date. As for a minimum payment threshold. The way Counterparty works when sending a distributed payment is that the payment is automatically split-up between the total assets and proportionally sent to each address that holds the asset. So no, there is no way to set a payment threshold for individual address' when using Counterparty. The first payment was more of a token payment to indicate that I was making good on my promises. The amounts sent were smaller than will be typical because mining had only been operational for a few days. The rest of the payments should be larger, but will gradually decrease over time as the difficulty level increases and earnings decrease. I may extend the length of time between payments to minimize the cost percentage for the transaction fees when the earnings decline to a certain level. Does that clear it up for you? If not, just let me know what is not clear and I will explain... That completely cleared it up for me. Thank you for that! I look forward to seeing how things work out, :). And for those that are still reading this and aren't sure whether or not you should trust SWMC, I've been dealing with the owner for quite some time now and he's always been up-front about things and followed through on everything he said he would. There have been some times where he's been a bit harder to get a hold of, but he's always followed through with getting back to me. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: darcimer on August 18, 2014, 10:18:34 PM So how's the rma'd Neptune coming along?
And any word on the compensation? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on August 19, 2014, 12:33:43 AM So how's the rma'd Neptune coming along? The RMA'ed Neptune was replaced with a different unit. The unit has a few cores that are not functioning properly, but because the total hashing power is at least 3 THS, KnC will do nothing.And any word on the compensation? KnC is not willing to offer any compensation of any kind for the downtime, but if you are asking about the second Neptune, it will not be shipped until the end of Batch 3 and Batch 2 (when I checked yesterday,) hasn't started shipping yet. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on August 19, 2014, 06:25:06 AM So how's the rma'd Neptune coming along? The RMA'ed Neptune was replaced with a different unit. The unit has a few cores that are not functioning properly, but because the total hashing power is at least 3 THS, KnC will do nothing.And any word on the compensation? KnC is not willing to offer any compensation of any kind for the downtime, but if you are asking about the second Neptune, it will not be shipped until the end of Batch 3 and Batch 2 (when I checked yesterday,) hasn't started shipping yet. Are there funds set aside for other units right now? If so, are there plans to make any purchases anytime in the short term? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Dawi on September 19, 2014, 12:25:31 PM Hi President,
I've got order 28. Does that mean I have Customer ID 28? (the letters of my name, first one and last two, are also correct) So i guess it is. If yes, I see my payment adres is unknown ("not provided"). Please use 14H6E6BbxLpNYGnfoSko8M1tmssnEab7yN Thanks! (you can check by mailing or calling me) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on October 25, 2014, 04:01:01 AM Here is the link for... SWMCHEX On Counterpart - Information, Announcements, Questions and Issues. (https://bitcointalk.org/index.php?topic=834108.msg9321532) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on December 09, 2014, 08:13:18 AM Hey, wanted to check up on this and see what's going on. Noticed we haven't gotten any dividends in months and the asset isn't active on Counterparty anymore...
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 10, 2014, 06:35:02 PM Hey, wanted to check up on this and see what's going on. Noticed we haven't gotten any dividends in months and the asset isn't active on Counterparty anymore... Hi ranlo, It hasn't been months, its only been about three weeks since the last payment, which was made on 11/15/2014. I had mentioned in the GB thread that I have had several surgeries this year and they, along with the recovery time involved have interfered with the operation of the SWMC. I just went through a major surgery on the first of this month and I am just today starting to get back to business. I will be processing the next payment within the next day or so. Please check your BTC address on the Neptune spreadsheet to see if it is correct. This way you can be sure that you have been receiving your payments. I am putting Counterparty on hold for the time being because people have been finding it very difficult to use in its current form. All SWMCHEX purchases will remain valid, but I will be issuing payments direct via BTC rather than Counterparty. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on December 11, 2014, 01:12:10 AM Hey, wanted to check up on this and see what's going on. Noticed we haven't gotten any dividends in months and the asset isn't active on Counterparty anymore... Hi ranlo, It hasn't been months, its only been about three weeks since the last payment, which was made on 11/15/2014. I had mentioned in the GB thread that I have had several surgeries this year and they, along with the recovery time involved have interfered with the operation of the SWMC. I just went through a major surgery on the first of this month and I am just today starting to get back to business. I will be processing the next payment within the next day or so. Please check your BTC address on the Neptune spreadsheet to see if it is correct. This way you can be sure that you have been receiving your payments. I am putting Counterparty on hold for the time being because people have been finding it very difficult to use in its current form. All SWMCHEX purchases will remain valid, but I will be issuing payments direct via BTC rather than Counterparty. Interestingly enough, my address is on the Investor sheet but not on *any* of the payments that were sent out recently (checked all the way back to 9/9). Investor sheet shows: Ranlo | 1KD3XZjFSoH7Upb6Ruw3rmGqAiH19Hg4FD Checking that address through all the investor sheets shows up nothing. Also not seeing my name on them (even the ones asterisked out don't appear to relate to it). Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 15, 2014, 04:58:21 AM Interestingly enough, my address is on the Investor sheet but not on *any* of the payments that were sent out recently (checked all the way back to 9/9). Investor sheet shows: Ranlo | 1KD3XZjFSoH7Upb6Ruw3rmGqAiH19Hg4FD Checking that address through all the investor sheets shows up nothing. Also not seeing my name on them (even the ones asterisked out don't appear to relate to it). I'll check that out to see what's up with your account, if there are payments that are due to you, I'll make sure to get you caught up... Thanks... Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 23, 2014, 08:30:38 PM SWMC-HEX 10 GHS of Hosted Hashing Power with 50% Bonus GHS’s Now Available for Early Customers!!! Click Here (https://www.solarwindmining.net?affiliates=c81e728d9d4c2f636f067f89cc14862c) EDIT: Price Reduced! Now Only 43¢ GHS!! Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on December 23, 2014, 09:04:47 PM Added Referral Bonuses, earn 2.5% in GHS's of your Referrals purchases!!! (https://www.solarwindmining.net/?page_id=19) Title: Re: [Official Thread] - The SolarWind Mining Company Post by: smoothie on December 28, 2014, 11:34:58 PM where are current up to date pictures of your mining operation?
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: btcminer021 on February 19, 2015, 08:36:57 PM So... another scam?
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on February 20, 2015, 03:06:56 AM So... another scam? Just no updates recently. No payments were made for the past 2 months, either (last was like the end of December). Title: Re: [Official Thread] - The SolarWind Mining Company Post by: btcminer021 on February 20, 2015, 03:20:22 AM So... another scam? Just no updates recently. No payments were made for the past 2 months, either (last was like the end of December). No updates from management + no payments = highly suspicious... Title: Re: [Official Thread] - The SolarWind Mining Company Post by: davideak on February 20, 2015, 09:47:04 AM So... another scam? Just no updates recently. No payments were made for the past 2 months, either (last was like the end of December). No updates from management + no payments = highly suspicious... Not to mention James health. I hope he's doing well and I'm sure he'll update when he can. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on February 21, 2015, 12:26:11 AM So... another scam? Just no updates recently. No payments were made for the past 2 months, either (last was like the end of December). No updates from management + no payments = highly suspicious... Not to mention James health. I hope he's doing well and I'm sure he'll update when he can. My feelings exactly. As long as things are good, I'm sure he'll make up for the missed payments. It's not the first time he's been away like this, and he's always gotten things squared away once he returned. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on February 28, 2015, 04:34:40 AM So... another scam? Just no updates recently. No payments were made for the past 2 months, either (last was like the end of December). No updates from management + no payments = highly suspicious... Not to mention James health. I hope he's doing well and I'm sure he'll update when he can. My feelings exactly. As long as things are good, I'm sure he'll make up for the missed payments. It's not the first time he's been away like this, and he's always gotten things squared away once he returned. Thanks davideak & ranlo, Since the only earnings are from the Neptune GB, I post most of the updates in the GB thread... There is some bad news however, you can see all of the updates from this post (https://bitcointalk.org/index.php?topic=348417.msg10193023#msg10193023) onward... https://bitcointalk.org/index.php?topic=348417.msg10193023#msg10193023 Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on April 02, 2015, 03:35:38 PM Hi guys, this is a Good News/Bad News situation... First the Good News - Both the controller card and bonus miner are on there way. Now the Bad - The lease for the miners hosting location is up and the business partner that I have been working with has lost his chance to renew. So, I'll have to find another location. I know that it was intended to offer free hosting in the beginning (which was due to an arrangement with my business partner). Since that situation has now changed, I will likely have to add a hosting fee to cover rent space once I find the proper venue for the miners and they won't be running until then. I would just temporally host them at my residence, but with the satellite ISP we have, that option simply isn't feasible. Another bit of Bad News for those who have purchased hashing power for the EXchange - The two interns that I had working on the EXchange website recently moved on to other things. When they left they erased the EXchanges servers hard drives - along with all the backups! Almost a years worth of work lost!! I don't believe they did it on purpose, I think it was done by mistake... But 'Ouch!', what a doozy. I can tell you, I'm just sick about it and have lost allot of sleep over it. Due to this major SNAFU, the whole EXchange project is on an indefinite hold. I will be issuing refunds with a bit of interest to any SWMCHEX purchasers as soon as it is financially possible, but please be patient! I am sorry that I have failed you guys. I feel a sickness in my gut over the whole situation, both for the GB'ers and SWMCHEX hopefuls. I will do my best to amend as I am able. Hope you can all elicit a measure of understanding and spend a meter of forgiveness... But I take all of the blame, the failure is mine and mine alone. James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on April 02, 2015, 04:28:36 PM Hi guys, this is a Good News/Bad News situation... First the Good News - Both the controller card and bonus miner are on there way. Now the Bad - The lease for the miners hosting location is up and the business partner that I have been working with has lost his chance to renew. So, I'll have to find another location. I know that it was intended to offer free hosting in the beginning (which was due to an arrangement with my business partner). Since that situation has now changed, I will likely have to add a hosting fee to cover rent space once I find the proper venue for the miners and they won't be running until then. I would just temporally host them at my residence, but with the satellite ISP we have, that option simply isn't feasible. Another bit of Bad News for those who have purchased hashing power for the EXchange - The two interns that I had working on the EXchange website recently moved on to other things. When they left they erased the EXchanges servers hard drives - along with all the backups! Almost a years worth of work lost!! I don't believe they did it on purpose, I think it was done by mistake... But 'Ouch!', what a doozy. I can tell you, I'm just sick about it and have lost allot of sleep over it. Due to this major SNAFU, the whole EXchange project is on an indefinite hold. I will be issuing refunds with a bit of interest to any SWMCHEX purchasers as soon as it is financially possible, but please be patient! I am sorry that I have failed you guys. I feel a sickness in my gut over the whole situation, both for the GB'ers and SWMCHEX hopefuls. I will do my best to amend as I am able. Hope you can all elicit a measure of understanding and spend a meter of forgiveness... But I take all of the blame, the failure is mine and mine alone. James This means all that hold SWMCHEX should get a payment, correct? Not only those that bought directly through the exchange they were offered on before? Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on April 21, 2015, 03:30:05 PM I might have a place where we can host, send me a pm Thanks for the offer to help dan244, but I have secured a location for the miners and am now setting things up to get our machines back up and mining for us. I will post more details in the GB thread when I get everything finalized with the new hosting provider. I am currently negotiating on the costs involved so that we can be as profitable as possible. If everything goes well, we should be up and running in a couple days. If they dident erase the files on purpouse they then wouldent have used something like 35 passes Gutman or US DoD 7 passes standards on them and the files should then probably be recoverable. If you just avoid writing new files to the hard drives after the incident and use a suitable program to look for the files that probably still excist but isent known to the filesystem where there located on the hard drives. Thanks for the advice thy, although that was tried. Unfortunately, nothing useful could be recovered from the hard drives. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: SolarWindMiningCompany on April 21, 2015, 04:01:00 PM This means all that hold SWMCHEX should get a payment, correct? Not only those that bought directly through the exchange they were offered on before? Everyone who bought SWMCHEX, however they bought it, will get refunded as soon as I am able to do so. The issue is that The SolarWind Mining Company never got the support that it needs to make things happen as planned. I am not a scammer, nor do I wish to cheat anyone. So, please don't worry about your funds, I will use my own personal, albeit limited, funds to compensate everyone if it is necessary to do so. I do thank all of you for your support. In fact, I don't think words even exists to express my feeling of gratitude towards everyone of you and I sincerely appreciate all of you that have been supportive and willing to give me a chance to serve you. Now, this isn't the end of The SWMC. I am way too stubborn to give up, even when maybe I should. I will simply have to find other ways to accomplish my goals regarding the company. Even so, with the recent lifestyle change I've had, it will be more difficult and it will take some time before I can accomplish those goals. So, stay tuned for future announcements! Thanks, James Title: Re: [Official Thread] - The SolarWind Mining Company Post by: Dawi on May 03, 2016, 01:29:06 PM Hi James!
How are things going? Planning new things yet? I'm one of the founders (order 28) so I hope you have some awesome ideas ;) I wasn't expecting a refund of the 'founders' part but an update would be nice. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: densuj on May 03, 2016, 01:35:51 PM Hi James! I think you should give him a time for upgrade, it will complicate for upgrade hardware.How are things going? Planning new things yet? I'm one of the founders (order 28) so I hope you have some awesome ideas ;) I wasn't expecting a refund of the 'founders' part but an update would be nice. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: ranlo on May 03, 2016, 07:00:04 PM Hi James! How are things going? Planning new things yet? I'm one of the founders (order 28) so I hope you have some awesome ideas ;) I wasn't expecting a refund of the 'founders' part but an update would be nice. I'd like to see an update as well... it's been almost a year since the last one, :(. Title: Re: [Official Thread] - The SolarWind Mining Company Post by: darcimer on January 19, 2018, 06:46:02 PM Update? lolololol
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: hashsolar on October 15, 2019, 04:58:33 AM Coming Soon :)
Title: Re: [Official Thread] - The SolarWind Mining Company Post by: stomachgrowls on October 15, 2019, 10:20:47 PM Coming Soon :) Whats coming soon? If the thing you are trying to launch out isnt connected to this project then better go off and make your own thread.OP is already out for this solarwind mining for a long time so dont expect for any updates. :D Title: Re: [Official Thread] - The SolarWind Mining Company Post by: OgNasty on October 16, 2019, 03:20:46 AM This was a crazy read. I wish more of these operations had survived.
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