We have a week for the motion to pass anyway. I will be contacting burnside to see  how he wants to handle it. Things are still looking positive and we will have more to announce tomorrow.


Good night.

Yes..if the motion that we submitted passes. When you log on to btct.co, there is message ribbon you can click on that will take you where you need to be to cast your vote.

reeks?    lol..I do need a shower.


Its not as desperate as it may seem. We have some more time..and the enthusiasm is completely real.

Thanks 

How long are you willing to wait? When and if you get any of those, that price point will be higher due to increased difficulty.


Thank you.

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Its less than .45000001/GH. Lets just cut to the chase...we are out of time. The more btc we acquire the better terms we can negotiate.

 

Yes, because we believe our price point was too high. We are looking for support to have specific dates to acquire hardware and have vendors launch when they say they will launch. Has anyone else you have dealt with gave you a specific launch date or a specific day you will receive your hardware? Enough with the talk. Take action.

We have to be confident and make sure moving forward that in our contracts we have specific performance based accountability from vendors. I am tired of the BFL, etc..making false statements. This is not rocket science.. It is a manufacturing process and can be mitigated.

We dont think so. We think there is interest but we did not allow enough room for movement.

We believe that the price point per share for HOSTED-MINING is currently too high. We would like to make a motion to raise the amount of shares issued to 10,000,000 (10 million) and release 5,000,000 shares at .0028 and then release the additional 5,000,000 shares at a no less than 0.0056 for each share. Your current share of 1 will equal 100 shares. We have included the changes below.


Introduction

Thank you everyone for your support thus far! Wow! We are in negotiations with several of the current ASIC MINING vendors available in the market.

Tired of not knowing a DATE you are going to receive your ASIC mining hardware?
Have any of the companies you purchased from told you an EXACT DATE that you will receive your hardware?
Have you ordered ASIC Chips that are stuck in customs somewhere and no one can give you a straight up answer?

If these are questions that you do not have answers for, then, LOOK no further. HOSTED-MINING is here to help mitigate the international risk of not obtaining your share of the AMAZING BITCOIN market in time.
That is right. Time is ESPECIALLY crucial with Difficulty rising quickly.

WHAT HAPPENED when the HASH DIFFICULTY rose 35+%?
The PRICE of BTC rose.
What is going to happen with all the companies that supposedly will ship by Mid-September or October?
It will become more difficult to mine BITCOINS. If they miss their target dates, then what happens?

There are a lot of questions and uncertainty in this market and we want to make a statement, let's work together to raise funds and DEMAND dates from these mining companies or else give us more hash to compensate for time lost. SEEM unrealistic? It is not UNREALISTIC if we have the BTC to negotiate rates and TIMELINESS! Become part of our movement and let's work to specify hard DATES.

How many shares are outstanding for companies such as GOOGLE* (approximately 300M with an approximate value of {fill-in the blanks}? Net net, Billions. The BITCOIN network is a game changer.

HOSTED-MINING was created between a US and Canadian company to offer the very first GUARANTEE revenue-share HASHING date of no later than August 30th, 2013 for investors with an easily accessible investment vehicle without the large upfront cost of actually buying the hardware, monitoring and paying for electricity.

There are 3 Phases for roll out of a minimum 10 Terahash (referred to as "TH" forthwith) of mining capacity deployed no later than August 30th, 2013. With a GUARANTEE of additional TH in the contract to compensate for the difference in lost downtime if the launch date is not met.


1.) PHASE I - Initial Offering


Our motion is to increase the number of shares to 10,000,000 at .0028 each, with the release coming in 2 stages. Initially, we will release 5,000,000 shares of the first 10,000,000. They will be price at 0.0028 per share.

Starting from no later than Aug. 30, 2013 if we attain a minimum of 1,500,000 shares, we will start mining at 10 TH.  One hundred percent (100%) of the mining revenue will be divided equally with shares sold and delivered as dividends for each share once (1) per week.

END OF PHASE I - Hashrate: 10 TH minimum with the possibility of another 25TH+ by September 30th, 2013.


2.) PHASE II - Expansion

After the 10 TH is online, we will enter the second phase. During this phase, we release the rest of the available 5,000,000 shares to acquire guaranteed delivery dates.
We are already in contact with BTCGarden and other companies to negotiate for their TH which will be available in mid or end of September. DATES will be advertised soon.
We will disclose the necessary details in an announcement and release the shares needed to do the purchase. These will be priced 0.0056 or higher per share to allow a significant return on investment for our initial investors.

Our potential suppliers can be any current/future mining hardware manufacturers that will offer competitive pricing.

Once we are established and running, we will not stop seeking to acquire the best priced mining hardware until we have obtained 49% of network strength. This can only be accomplished with your dedication and support.

END OF PHASE II - HASH RATE: Exact hash rate will be available once we have negotiated the price with potential suppliers, but should be well over 100 TH.

3.) PHASE III - Reinvestment Phase

This phase starts when we have achieved the hash rate specified in the end of phase II.

After this threshold, 50% percent of the mining revenue will be retained as a future growth fund.

The details for this will also become available once we have entered phase III.

END OF PHASE IV

Please note that this contract can be changed at anytime if needed for shareholder advantage.

These figures are estimates only. Once we achieve the 10 TH minimum the specific amounts needed for operational goals will be released.

HOSTED-MINING will begin mining no later than August 30th, 2013 with a minimum of 10 TH if enough shares are sold to purchase the minimum 10 TH.

We are currently in negotiations with Alydian, BTCGarden and other manufactures to acquire as much TH as possible.

For every 9 (nine) shares of HOSTED-MINING sold, 1 (one) share will be paid to both Hostedmining, LLC and appA2z.com management as a founder's stake. Please note this is the only compensation we will receive and all operating expenses will be deducted from the dividends paid on these shares.

Please review the following estimation calculator at http://www.coinish.com/calc/ for investment due diligence.

We undertake no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to reflect the occurrence of unanticipated events.

Although the Company believes that the forward-looking statements are accurate, there can be no assurance that any forward-looking statement will prove to be accurate.

If the regulators in your region require AML/KYC procedures for certain transactions, you will be asked to provide them at anytime per our request. Any US customers will be required to sign a due diligence statement.

 

Executive Summary   
HOSTED-MINING is a new revenue share organization founded by two companies to enable a reinvestment strategy that will enable a solid return within the first 12 months of operation.

Joe already has an Alternate Coin hosting company in successful operation and has been building custom computer solutions for years. He has founded and ran 3 successful companys over the years and has a strong technical background.

Shawn is the uber alt-coin enthusiast that monitors market trends and solid investment strategies for the future.

 

Business Description   
Hosted-Mining is dedicated to bringing ASIC technology to bitcoin mining at a rapid and predictable rate. We have a set launch date with a strong commitment to rapid growth. Bringing TH online and generating revenue into your wallet within days.

 

Hosted-Mining will stay on the cutting edge of bitcoin mining technology with an aggressive re-investment program. Our goal is to upgrade a Tier 3 datacenter in central Washington State with in 12 months to facilitate further expansion. We believe strongly in using renewable energy sources and being responsible to the environment. These ethics are the foundation of our long term goals and business model.

Definition of the Market   
We estimate that the total network at the end of 2013 with be roughly 2000-3000 TH.

Our goal is to NEVER go above the 49% threshold of total network strength and to sustain a return on investment for all who join us in this exciting endeavor.

 

Upon launch if we acquire 10 TH, Hosted-Mining will have approximately 2.5% of the total hash of the network. With the long term deployment plans of Phase 2 and Phase 3, ect..., Hosted-Mining will operate a minimum of 1% of the total network hashrate to insure long term profits and market stability.

We believe in core value's such as Integrity, Trust and Responsibility to the Environment and Community and plan to actively promote awareness of Crypto-currencies.

 

 

Products and Services   
CHIPS:

They are 65nm chips, and draw 3.5W/GH.
 
"Chips are aggregated into boards with 256 chips per board, and up to 8 boards per 'chassis'."

GUARANTEE

Hashing minimum of 10 TH if sales of shares and negotiations with the contract supplier are successful with rollout date of August 30th, 2013.

Please note that if the initial threshold of 1,500,000 shares sold is not reached, you will be issued a refunded minus the in and out charge from BTCT.co

Pictures will be posted to the forum.

Organization and Management   
Joe and Shawn will respond to all questions and queries on an individual basis.

If queries become overwhelming, an FAQ with the top-ten questions and answers will be posted via the blog.

Marketing Strategy   
FaceBook

Google ads

Forums

Twitter

Word-of-Mouth.

There is not other better way than telling your friends and family via email, twitter and facebook about a great investment vehicle.

Financial Management   
A spreadsheet will be built and shared via Google Docs for all detailed revenue sharing.

I wanted to release this until we finish the new proposal.

The crew and I are still finishing up but I can tell you this.

1. I was not able to connect with Peter today. I guess something came up for him. I was informed that it might still happen this week. I have offered to clear my schedule and meet up with him anytime he is free.

2. We still have strong interest in this from a group buy that was looking at one or more tera hash. We are trying to get them on board right now.

3. We feel another change to the contract (lessons learned) might help everyone with a lower price point for entry and more shares available with a lower market cap. I have finished the rough draft and Shawn is reviewing it now. I will present it to you shortly.

It has not even been 2 days. I would like a little longer please. Until I am told the contract is no longer available we can still be hashing by August 30th.

Seriously...I will not drag this out. But things are still developing behind the scenes and I think it may take another 24 to 48 hours to settle.

I think these are the things we do bring. The pre-order game will be over if we launch. We will be in the position to demand favorable contracts with guarantees.


Yes, It was very rushed. But we do have the administration team to do a excellent job given the chance.

You sir, are correct. It was not my intention though. I have learned from my mistakes and have tried to make the best possible corrections.

The most recent news I have is that I am in negotiations with a person who is looking at a 1 TH purchase. I believe they are interested in coming on board. Talks are continuing.    

Its not over. Relax everyone...this is like a game of musical chairs...right now everyone is still looking for a seat.


We are pulling out all the stops today to get this going. I will have an update for you this afternoon.

1. I have an idea. I have a contract also. I apologize for the launch..your right..I didnt know enough at the time. I think people are satisfied with the changes and how I went about it. I will do better in the future.

2. This is what everything is all about. The price. I was asked not to release the actual data on this. I am respecting that. I am scheduled to meet up with Peter Vessenes tomorrow here in Seattle to discuss some specifics about this. I hope afterwards I can be a little more forthright about the exact price on this contract.

3. Again..most of this relates to the price not being able to be specifically mentioned. So..the trust.


I will not drag this out if we miss the needed amount to launch.

I am asking all of you for abit more patience and let us see what tomorrow brings.

Goodnight

Man..tough crowd. I am not going to drag anything anywhere. Listen guys..the data is real..its better then stated even. I cant release it..I was specifically asked not to. How to deal with that?

I am trying to collect my thoughts to respond to your queries intelligently.

In 24 hours we generated over 400 coins organically...we can still do this.

How long? You could be hashing a return in less than 11 days.        With more hashrate expected before that even comes online.

So..after some nice talks. This is what we came up with.





Let us help you to do the calculation and make it simple.

For Phase I, the 20,000 shares will get all revenue from 10TH as dividends, which is equivalent to saying that they will get 500M hashpower for just 0.28btc!
i.e. As low as 0.56btc/Gh for an immediately available miner without having to set up and worry about future maintenance and with zero electricity cost!(This is all on us.) There is nothing like this u can get anywhere else in the market!

Buy it now and start hashing before the next 35% difficulty increase.




EDIT: Also..I wanted to add this clip from the conference

"I think what I will be talking to Shawn about is:

We collect 18,000 shares. And make the purchase. After the contract is signed, we disclose the actual btc paid for the 10TH according to the contract. After that, whatever amount of btc is left in our pool, we will be paying these spared coins along with the first-week dividend to our earliest adopters to ensure they are getting the lowest possible hashpower/btc.

Let me know what u think. I will make a call after I'm back to my hotel.

Thank you,
Kevin"

This is from our CFO to me.


And on a personal note. This whole thing is like bitcoin to me. Its not going to be like it was. This is a going to be a innovative and productive fund of which the likes have never been seen before. We are going to transparent and forthright with our investors. We take our obligation and responsibility seriously.

I think the contract is worth signing or I would not be doing this. I think you can see by whats been raised so far that there is genuine interest.

I know what we need to get and its somewhere between 7500 to 8000 shares IF we only want to launch 5 TH. 15500 I think will be real close to what we need for the 10 TH. And just so we are clear..there is a price difference between 5 TH and 10 TH as well.


I am sorry for all this cloak and dagger BS..but with other people waiting to jump in I have to very cautious. I can promise you this...once the contract is signed I will show every investor the exact figures and how I got them and what I would like to do next. If any of you wish to sign a NDA I will show you now.

I am also asking those of you with experience to please help me not fuck this up. I have all the pieces to the puzzle here in front of me. I know I can do this in a wise and prudent manner to maximize everyones profits with a little help.

Thank you