I've mined on an off on this pool for several months and lately I've been astounded. I don't want to mine anything else for a good long bit, I have a feeling this is going to be profitable for quite some time. h20, excellent work. I loved watching the small waves of bitcoin turn into tsunamis. 

I don't know but it looks like this company really has their act together. The chips seem to perform very well without any hiccups, all of their work is well documented, their boards and design looks very professional. I honestly don't care if it takes them a little longer. They aren't going to pull a BFL though from what I can see.

I am very optimistic from this point on, and I may even invest further in their technology. They have the best deals right now aside from Cointerra which also looks to be headed in a very positive direction.

https://hashfast.com/first-tests-up-and-running/
https://hashfast.com/second-tests/

This needed an update and a bump.

Lookin' good Billy Ray.

1 BTC sent / 10 shares: https://blockchain.info/tx/20f2d99a6c74202ed623f4ea2328276bd4df6b05f5e0a8f49306897b191934d7

5 share payments to: 1iv7RjaUsRPrMqZWxgxVkqjUtLyY52Dvk
5 share payments to: 16BcWZxMkDRUxJXk1RTUX3VXuCKARaHbLs

reserve 10

O.O It's the Borg. This is how they begin.

As we acquire funds, miners will be purchased in order. Then we wait for KnC on delivery.

Responded and reserved.

Woot. Thank you Bobsag. 

Right on. I take things too literally sometimes.

Are you asking me if I'm buying cex-io at market? I will buy at market unless I see its on a drop and I'll try and get in on a lower price. Your initial investment will be repaid in BTC. I can't do USD.

cex-io GHS is being purchased on the fly. I would like to start reinvesting in group buys/hardware while shares are being accumulated but only after some shares have gone through the ROI process as to only use income generated from cex-io itself from those already ROI paid shares.

I wanted to get an initial framework out before my brain imploded. I tweak things constantly, so it's quite possible the ratio will change. As tripppn mentioned I try and keep things as democratic as possible, and team input has saved me from doing several stupid things.

I got very lucky with the people who chose to invest with me initially. All of them have been professional and quite level headed.

Should we just write off this one?

I am selling 1000 shares at 0.1 BTC each. This will be invested in the cloud hashing service cex-io to generate revenue. The first 100 shares are on reserve for my group buy, if they don’t buy them all I will add the remaining shares for purchase here.

Phase one: All BTC will be returned on investment which should take 3-4 months give or take. I will begin repayment on a first come first serve basis so early adopters will incur the least amount of risk. I will take no profits during this phase to insure everyone gets ROI as quickly as possible barring any unforeseen issues with cex-io.

Phase two: 80% of BTC generated after ROI will be reinvested in group buys for additional hashing power, the remaining 20% will be reinvested back into cex-io. From this additional hashing power 80% of all BTC generated less GB expenses will be paid based on your share percentage, the remaining 20% will be used for reinvestment purposes for additional group buys and or moving into phase 3 actual mining hardware.

Phase three: Mining hardware will be purchased, professionally managed and hosted. 80% of all BTC generated less hosting expenses will be paid to investors based on share percentage, the remaining 20% will be reinvested back into additional mining hardware.

I will take a 3% management fee of gross during phase 2 and phase 3 which will run concurrently.

If all goes according to plan this will be a great way to increase your cloud hashing power with minimal risk as cex is already hashing and we’re not relying on untested companies in the initial phase. Yeah you can invest with cex-io individually, but with a group investment we acquire purchasing power. edit* Once this program is fully funded I will not sell anymore shares and I will not create a new program.


Well I’m fairly new to the forum. I started a small KnC group buy on eBay and have been running all aspects of it’s operation so I am familiar with the technology. I have also invested a little BTC into a couple of DZ’s group buys, so I have some roots in the community. I have a perfect eBay rating as well and I bet my reputation on the success of this program.

As long as they can deliver I can wait. But if they can't deliver I'm going to look like my cat on a trip to the vet. 

The waiting game.