Bitcoin Forum

http://coinspeed.net/images/coinspeedlogo.png

Welcome to CoinSpeed - Advanced Bitcoin Mining Project

Cryptostocks: https://cryptostocks.com/securities/140 (https://cryptostocks.com/securities/140)

Coinspeed will focus on SHA256 mining since the profitability is more consistent and predictable.

OUR TEAM
Behind Coinspeed, there is a dedicated team that has already led a number of successful mining operations ever since the beginning of 2013. Majority of these operations had been for private use, and this is the first time we decided to offer it to the public.

Our goal is to make mining available and cost effective for everyone. Since there are many difficulties that beginner miners have to face, this type of mining operations had became more popular in the last months. We were watching the entire Bitcoin securities scene very closely since the Bitcoin boom in the late 2013. What we have concluded over time is that there are many projects available, but only a few have a capable and transparent team behind it.

Coinspeed’s main goal is to offer opportunity for people to invest in Bitcoin mining without having to invest a great amount of money, time and work in running a private project. High cost of the equipment, expensive electricity bills, need for sufficient power supplies and cooling systems are all our concerns.

Our experience in mining operations gives us the opportunity and confidence to offer you stable, reliable and trustworthy investment, with a team that has already successfully dealt with different mining issues and problems many times in past projects.


MINING INFORMATION

Coinspeed will focus on SHA256 mining since the profitability is more consistent and predictable.

Our experience, devotion and mining knowledge combined with cutting edge 28nm ASIC tehnology makes this mining project highly effective. Our miners are situated in special rooms equiped with high grade cooling system and constant surveillance which allows us to exploit maximum mining potential of our hardware.

Mining configurations that we are using have been tested and reconfigured multiple times in past projects so we can be certain of their performance in Coinspeed project.

It’s important to mention that 20nm ASICs have already been ordered and we are expecting them in a reasonable period. Smaller ASIC chips offer better performace with lower costs.

Scrypt based mining is not available at the moment, but we plan to introduce it as soon as it becomes profitable. Hardware prices at this moment are still too high for it to be profitable long-term.

We plan to add at least 1 TH to mining farm every month to be certain that the project will successfully keep up with constantly changing Bitcoin mining difficulty. This will also ensure consistent dividend payout for our shareholders and keeping the project profitable for reinvestment.

Our current hash rate is around 15.6 TH/s (+- 5%) and our goal for the end of 2014 is at least 20TH solely from mining profits.
We plan to use IPO funds to reinvest in the project and to enlarge our farm with additional 20nm ASIC miners.

CoinSpeed mining equipment:

90 x ASIC Module (Bit100) – every module gives around 175 GH/s
15 x Controller Board (Bit250)
90 x Arctic i30 Cooler (Each for one ASIC Module)

Six ASIC modules connected on one controller board is around 1000 GH/s +-5%. Using one 1200W power supply.

8 x Cooler Master V1200 (80 Plus Platinum – 1200W)
6 x Corsair AX1200 (80 Plus Gold – 1200W)
1 x Corsair HX1050 (80 Plus Gold – 1050W)
1 x Corsair CS750M (80 Plus Gold – 750W)

Switches: 4 x D-Link DGS-1008G (8-Port Gigabit Desktop Switch)
Routers: 2 x TL-WR1043ND
Internet: 100mbps download/upload

http://coinspeed.net/images/miners/IMG_7247_800_533.JPG
http://coinspeed.net/images/miners/IMG_6345.jpg
http://coinspeed.net/images/miners/order.jpg

INVESTING INFORMATION
IPO will last 7 weeks, and it will be divided into share sale phases

Phase 1 (two weeks) – 15,000 shares at 0.0015 BTC
Phase 2 (two weeks) – 15,000 shares at 0.0020 BTC
Phase 3 (three weeks) – 15,000 shares at 0.0025 BTC

Market will be opened after Phase 3, and all unsold shares will be kept for later offers.

Cryptostocks: https://cryptostocks.com/securities/140 (https://cryptostocks.com/securities/140)

Dividends

Mining profits will be used to pay out dividends to shareholders, for hardware reinvestment and maintenance expenses.
65% of profit goes to shareholders
25% of profit goes for new hardware
10% of profit goes for maintenance fees (electricity, surveillance, etc.)

Dividends will be paid out every 5 days and we have decided to go with constant dividend payout. This will allow our shareholders to receive equal amount of payout and accurate calculation of investment return. It doesn’t matter how many shares are sold, investors will always receive promised dividend.

Approximate payout (every 5 days) is 0.0000426 BTC per share

After the 20nm technology arrives and it’s added to farm, we will increase dividend payout per share.


CONTACT INFORMATION

General Questions
http://mailto:info@coinspeed.net (http://mailto:info@coinspeed.net)

Mining Inquires
http://mailto:team@coinspeed.net (http://mailto:team@coinspeed.net)

Sales Support
http://mailto:ipo@coinspeed.net (http://mailto:ipo@coinspeed.net)

Website
http://coinspeed.net (http://coinspeed.net)

Twitter
http://twitter.com/coinspeednet (http://twitter.com/coinspeednet)

Cryptostocks
https://cryptostocks.com/securities/140 (https://cryptostocks.com/securities/140)

►► Largest Dividend ►► Phase 2 Starts on June 07 ►

Next dividend will be paid on July 07, and it will be the biggest one until now.

Just a reminder of our plans for Coinspeed project:

We plan to add at least 1 TH to mining farm every month to be certain that the project will successfully keep up with constantly changing Bitcoin mining difficulty. This will also ensure consistent dividend payout for our shareholders and keeping the project profitable for reinvestment.

It’s important to mention that 20nm ASICs have already been ordered and we are expecting them in a reasonable period. Smaller ASIC chips offer better performance with lower costs.

Thanks

►► New 20nm hardware ►► Larger dividend payout ►►Next dividend in 2 days


In less then 2 weeks new miners will be added and our hash rate will be much higher.

20nm technology is already in full force, and we are receiving our first batch in less then 2 weeks.

New miners will be connected to our existing farm and configured in probably under 12h once they arrive.

Dividend payout per share will rise after new miners are connected.

Phase two is in progress, and the share price is still low.

Price of 0.0020 BTC per share will last until Phase 3 starts.