Bitcoin Forum

I just joined recently: https://bitcointalk.org/index.php?topic=15672.msg878074#msg878074 (https://bitcointalk.org/index.php?topic=15672.msg878074#msg878074)

I wish to start selling shares soon so that I can start a (hopefully) successful mining company which uses FPGAS/ASICS while being run in part by renewable energy to meet energy efficiency targets for businesses where I am in the world (the law mandates a certain percentage of renewable energy use by 2020 for businesses like mine)

Company info (upcoming-exists but awaits registration for more legitimacy):
Name: Club mining (med)
Symbol:ClubMSDM
Shares to sell:100,000 (50% of the company) as I believe that everyone should have a piece of the company as bitcoin was designed so that anyone can use it.
Waiting to be registered by GLBSE (as this can take time without having 8 bitcoins at your disposal to pay that fee)
Each share will sell for 0.2 bitcoins as it's just a startup.

Type of mining hardware: Predominantly FPGAs as well as a mix of ASICS.GPUs are simply not an option for me due to the cost of energy in my area as well as laws concerning energy efficiency of businesses.

I hope this has piqued the interest for some of you. :)

Um,

100,000 shares at 0.2 bitcoin = 20,000 bitcoin.  For a start-up, please show how this investment is worth $100,000 to support the valuation of the 50% you are looking at selling.

You don't have 8 coins for the registration fee, and therefore I assume you have no equipment and don't know about mining.  If you think this is harsh, wait until the trolls arrive.  I wouldn't trust you on the basis of what you've put here.

What FPGAs are you planning to use?

Well, first you need to draw up a logo in something like Paint. Then, you need to get your email contract ready. Something like:

I, carcar390, hereby issue 100,000 shares at .2BTC/share for half the equity in my asset-less company. The remaining 50% will be kept as an operator's fee. This email verifies [insert name here] owns [insert number of shares share-buyer purchased] shares of Club Mining (med).


It's hard work, but at that point, just put up a BTC address and watch the coins fly in.

Here's a good logo to get you started:

https://i.imgur.com/uBXLx.jpg

Asking for 20,000 BTC in just two posts.  We have a new record.

I would agree with the sentiment that you would need to start much smaller, have a long-term plan laid out and scale to it, while building trust and confidence along the way. 

I wonder if I could approach a bank with such a small business plan?  My experience raising funds for ventures is that this requires 12-month forecast financials, risk assessment and mitigation and demonstrable knowledge. 

Wonder what ASICs he's going to use?

Name:  carcar390
Posts:  2
Position:  Newbie
Date Registered:  Today at 12:50:58 AM
Last Active:  Today at 01:24:54 AM

 ;D  - actually request was made in about 30 minutes !