http://www.bitswiss.ch/...or photocopier? A unique patent in the market Our chip is made up of tens of thousands of interconnected transistors linked by different horizontal planes. These links are both encrypted and rendered unrecognizable by approximately 120,000 binary codes and passwords generated by them. The calculated data can only be decrypted and processed with our specially developed software. Our ASIC processor is an electronic circuit. This is permanently integrated in the circuit, so that the function of the chip can not be changed. If an attempt were made to copy or decode these codes, the charge in the chip would be altered, which would lead to the connections becoming burnt. 4284 miners can be replaced by 12 machines, these offer a computing power of 60,000 TH / s. Their CEO, Vladislav Lozhizky shows up thus on a search Moderator's note: This post was edited by frodocooper to reduce the size of the embedded images.
|
|
|
It was a good idea of Theymos to create this trash bin though, now they are all listed in one place they appear even more ridiculous in their claims. I'm against total censorship, people have to learn that this shit exists. Anyway, look at the page views these days, a fraction of what they used to be. Telegram seems to be the HYIP medium of choice now.
|
|
|
700% ROI, mining with vaporware. Haha.
|
|
|
Can anyone tell me more about this information?
It has three front men: one's dead, one has many different names and the other is a Russian apocalypse analyst. Totally legit, trustable and worthwhile investment.*
*This is sarcasm.
|
|
|
snip<cut and paste mashup>snip
Be very careful with your plagiarism unless you want banning.
|
|
|
I'm starting to get annoyed at the fact that people still discuss BTC cloud mining as a legit thing and cloud mining services at all... Please, the time of bitcoin cloud mining has passed a couple of years back, it just can't work anymore.
Yes it can. If self mining Bitcoin is profitable, which it is, then cloud mining can be also, as its essence is profit sharing in exchange for capital investment. There are reasons that generally it isn't, but that's down to the nature of the contractual terms rather than the concept per se.
|
|
|
Nothing actually reverts back to the miner.
It was an ELI5 for Joel, I'm of the same opinion about cloudmining as you.
|
|
|
Not that I'm the smartest person when it comes bitcoin related stuff but can someone please explain how can cloud mining be very profitable to anyone when normal mining isn't profitable either ? Like does this virtualisation decrease the mining difficult or they actually have mining farms spread over 100 acres of area which needs to be rented so they can make profits ?
"Normal" mining is profitable, Joel. It's also capital intensive. Getting cloud mining customers to pay upfront for future unspecified repayments (the size of which are controlled by the miner) by selling them hashrate is an attractive way to finance a farm. They deduct for 'maintenance' and/or electricity and, last time I looked, these charges can swallow about half of the gross amount of BTC that the purchased hash power should have mined. Once the cloudmining contract expires (or the miner decides to expire it because he says his costs aren't being covered) then the hash power reverts to the miner. And then there's the scams....
|
|
|
Admin is now accepting escrow, in investments over 1 BTC!
LOL, how does that work then?
|
|
|
At the current price ($7060) an S9 grosses nearly exactly $200 per month @ 13.5 T/hs, exclusive of any running costs or overhead whatsoever. Icerock book the capital cost of an S9 at $2500 in their "calculator." Their split of that gross $200 income works out (monthly): 50% roi paid = $100 20% reinvest = $40 20% overhead = $40 10% IRM profit = $20 or 40% of those figures per $1000 investment. In that 20% overhead, electricity @ their claimed $0.03 Kw/h, comes to ~$28 per month out of that $40 per S9. That leaves $12 per month per machine for everything else security, fire protection, salaries to employees, internet, broken parts etc etc etc being paid for out of the remaining $300 per week income from the 100 miners they have now. Are wages that low in Kazakhstan? Reinvestment? The great compounding idea? @ $16 per month retained, it will take over two years compounding to buy another $1000 share of hash. How relevant/competitive/useless will the original S9's be in two years time, even if the price of Bitcoin increases? Not only is this reinvestment supposed to grow your hashrate, it must also maintain the original return first. ROI? So, without any of your "reinvestment" money actually adding to your hashrate (and income), in current conditions you will get $40 a month return on a $1000 investment, that's 4% a month (48% per year), or over two years before you get your original money repaid and start earning a profit.... "352%" ROI...?
|
|
|
Finally found out your motive to create this thread, LOL Looks like you are here to only get some referrals under you in some of the cloud mining sites which offer high ref commission.
What a surprise PB mining Bad choice of name. Actually, it is a totally valueless crock of shit post altogether..
|
|
|
I'm putting the word out at every opportunity. I love the plan and look forward to watching it What "plan" is that, you moron? It's a dead scam coin. Period.
|
|
|
BTCPop.co has a cloud mining program. They mine on Bitcoin.com and other sites. It is a very reputable site. BTCPop has also peer to peer lending, staking pools, instant loan pools and crypto currency exchange as components.
BTCPop don't mention anything on their website about cloud mining. Bitcoin.com doesn't mine Bitcoin, only pretend stuff, so off topic here.
|
|
|
Who gives a fuck? There's no qualitative difference between his FUD and the bullshit coming from the pumpers. Just another kiddie's spat in the altcoin playground. You have posted in "Reputation" lol, what sort of reputation do you think shitcoin peddlers have anyway?
|
|
|
Some Red flags (there are many): 1) Their projected profitability was summarized in a Google spreadsheet when Bitcoin was $13k and the difficulty/price relationship was temporarily extreme. 2) Their reinvestment calculations seem to be based on immediate deployment of new mining capacity instantaneously. 3) The self moderated Ann thread in which the answer to most questions is "If you don't want to invest, don't invest" or outright lies regarding current profitability 4) Other potentially negative conflicts of interest and vulnerabilities are very low maintenance cost projections, the claim that the owners already supposedly run a large separate mining operation and the untested ability of the "cave" to provide a suitable environment when/if the farm expands The biggest threat to investors' money is the hardline anti crypto stance of Kazakstan's National Bank, which is something that could shut them down overnight. “The National Bank is very conservative about this issue, welcoming only rather stringent restrictions. That is, we want to prohibit the purchase and sale of cryptocurrency for the national currency, we want to prohibit the activities of exchanges on this segment and any kinds of mining,” https://blockchaininvest.io/kazakhstan-will-prohibit-cryptocurrency-trading-and-mining/http://lenta.inform.kz/en/daniyar-akishev-sryptocurrency-has-no-value_a3162515
|
|
|
Hi Dias
Tell me please how much profit you are expecting from one ASIC (S9 I guess). I found in your ICO calculator 30$ profit from each ASIC daily. Is it true? Does it mean all your campaign is based on this calculation? Or there is something we don't understand.
Hello, Sir! In case of S9 miner we expect nearly 10-15$ per day, but very likely we will get much better miners that will deliver us more than 35$ in a day! You posted that today. Today mining difficulty is 3.46254239119e Today Bitcoin price is ~ $7345. Explain how you get $10-$15 per day from an S9.
but very likely we will get much better miners that will deliver us more than 35$ in a day! What miners are these that are ~3X better than an S9? Who makes them? When are you getting them? BTC is even lower than was yesterday, so just HODL. When price will be at its own place profitability will rise again. We are looking forward to Bitmain. They are selling all miners with old chips. So everybody started to buy S9 miners.... It was a sign that new one is coming and Bitmain preparing a place for it )_))))) Smart guys! I don't want investment advice from you, or guesses from you that Bitmain may or may not be producing a new miner. You said yesterday In case of S9 miner we expect nearly 10-15$ per day Explain how you get that figure. You are the representative of a Cloud mining company asking for investment. If you make a claim about how much money you are making, then it should be correct. I ask again Explain how you get $10-$15 per day from an S9. You are asking how we got 10-15$ per day in the deepest deep of BTC Price. Open What to Mine and make the calculation. but don't look at single day price and profitability of sha-256 mining. We are not Cloud Mining company. If you don't trust that our business model will be profitable, just don't invest, I don't push you to invest. several days before when the BTC was higher - it was bringing 10$ in a day. We don't spend much on electricity and we don't have a rental fee, and we don't spend on cooling. Look and last 2 years ROI of BTC mining. You have a Legendary status but asking basic questions like a newbie. Don't you know that if you MINE BTC and HOLD it you will get extra large ROI? I know what I am talking about, I was wondering if you did. You have just answered my question.
|
|
|
Hi Dias
Tell me please how much profit you are expecting from one ASIC (S9 I guess). I found in your ICO calculator 30$ profit from each ASIC daily. Is it true? Does it mean all your campaign is based on this calculation? Or there is something we don't understand.
Hello, Sir! In case of S9 miner we expect nearly 10-15$ per day, but very likely we will get much better miners that will deliver us more than 35$ in a day! You posted that today. Today mining difficulty is 3.46254239119e Today Bitcoin price is ~ $7345. Explain how you get $10-$15 per day from an S9.
but very likely we will get much better miners that will deliver us more than 35$ in a day! What miners are these that are ~3X better than an S9? Who makes them? When are you getting them? BTC is even lower than was yesterday, so just HODL. When price will be at its own place profitability will rise again. We are looking forward to Bitmain. They are selling all miners with old chips. So everybody started to buy S9 miners.... It was a sign that new one is coming and Bitmain preparing a place for it )_))))) Smart guys! I don't want investment advice from you, or guesses from you that Bitmain may or may not be producing a new miner. You said yesterday In case of S9 miner we expect nearly 10-15$ per day Explain how you get that figure. You are the representative of a Cloud mining company asking for investment. If you make a claim about how much money you are making, then it should be correct. I ask again Explain how you get $10-$15 per day from an S9.
|
|
|
|