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421  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone on: February 12, 2015, 02:03:37 AM
Needs some explanation as to why number of mangocoinz has doubled in 1 month to nearly 300,000 now when sync limits have been reduced, website curently shows Coinz mined: 296359.8927324 / 16745027.00 MCZ, a huge increase in 1 month. :\  
and why some accounts are able to sync obscene amounts of coins at a time on blockchain?


I saw this just before on blockchain Sync: bojanvirijant amount 252.4688857 MCZ on 2015-02-12 00:32:45 and another before that account folirant synced 7000 MCZ (!)but it was scrolled out by the spam syncs so i cant provide a screenshot, but these amounts dont seem right and if the centralized system is being exploited unnaturally by some users then something should be done about that as they are only going to dump their hacked/glitched/stolen coins on an exchange given a chance at which point a rollback becomes difficult if not impossible (it would mean possibly taking from the exchange/users who bought the coins).  

sorry it sounds like i'm accusing the above users of wrong doing, i'm not just doesn't make sense why they are able to sync a an amount of MCZ that massively above the official limits :\

Also when will a full blockchain viewer be provided and is there any charts or history of showing the coin generation so we can get better picture of coins created over the last few months?

422  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypto Bullion (CBX) | Est 2013 | Less than 1 million coins | PoW/PoS Hybrid on: February 10, 2015, 11:25:18 PM
Very nice. Been waiting so long for this, finally its here. Downloading and trying out the new wallet now Smiley

Thanks elambert & raizor and others for your hard work! Smiley

423  Bitcoin / Project Development / Re: Missing Bitmit? Miss no more! "Ebay style" market coming with escrow! on: February 09, 2015, 06:06:48 AM
there's also one called cryptothrift.com

Posted From bitcointalk.org Android App

You mean this CryptoThrift?  Roll Eyes http://cointelegraph.com/news/112691/cryptothrift-suffers-security-breach-15-btc-stolen-escrow-service-suspended

Atomic has never been hacked, anything coming out this partnership is going to be very secure and trustworthy like the exchange itself Wink

424  Other / Beginners & Help / Re: What's wrong with this private address? (Please keep the $1 if you explain) on: February 09, 2015, 02:08:19 AM
My bad... figured it out.

This worked 5JmdXtN7fDwaD8ZH2a1ksEeotDaw6WKahgCCArLZmCV8RLBAiDW
Which, strangely looks exactly the same.

It turns out, somehow an invisible (unicode?) character had been introduced after the "Daw6", when I pasted it somewhere that inserted the line break. I managed to find the non-alphanumeric using rege[Suspicious link removed]

Once I removed that character... imported the $1 into coinbase.

strange, it shows up as a "-' lookalike in notepad but is invisible here 5JmdXtN7fDwaD8ZH2a1ksEeotDaw6­WKahgCCArLZmCV8RLBAiDW but looks like 5JmdXtN7fDwaD8ZH2a1ksEeotDaw6-WKahgCCArLZmCV8RLBAiDW in notepad.  and is 53 characters instead of 51 because of that hidden character.  Very strange
glad u figured out Cheesy
425  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Stakecoin Thread on: February 08, 2015, 12:07:46 AM
Reopen the CinniCoin thread please.  You can leave a msg you have left it, but the thread should remain open as Cinni is not dead just because you announced and started a new coin.  Its still being traded and staked and can be left open for someone else to take over who is capable of updating and fixing the wallet. 






426  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Sloth] Slothcoin - SHA3 - UPDATE TO 1.3 - Digishield on: February 07, 2015, 01:52:31 PM
cant sync, anyone got some nodes?
427  Economy / Securities / Re: [WTS] Creative Mining $CRM Shares - CLOSED on: February 06, 2015, 05:36:59 PM
Where, when was this posted!?

was the last update on the day CT shutdown.  Only posted there.  Undecided

anyway i cant sell these now without a way to transfer ownership and they are looking more like a scam every day they dont email or update as they said they would.

Would be interested to know if anyone got any email since CT shutdown?  I'm still waiting  Cry
428  Economy / Service Discussion / Re: Anyone been able to contact Minersource.net? on: February 02, 2015, 02:37:38 PM
good luck on that coz most didn't continue because of lots of money involved to file a legal action.

Filing a small claims lawsuit in Colordao is done online and costs about $100. If you live far away, the biggest cost would be attending the court date as that has to be done in person. Phone calls, emails, all those they can (and do) ignore. Lawsuits they can't ignore. If you just ordered an X1, then yeah, you're kinda screwed. But people with X3 or larger orders would make sense.

is possible for a claimant or even a group of claimants to have someone represent them in Colorado on the court date?
429  Bitcoin / Bitcoin Discussion / Re: Fractional reserve bitcoin on: January 31, 2015, 02:07:40 PM
Examples? I thought we would see proof of transactions in exchanges after the mt gox debacle (I haven't used an exchange in over a year).

There are several exchanges that do provide proof of some sort but they can not compete with the likes of mintpal/crypsty/bittrex/bter that are able to provide the volume and depth that brings the traders.
heres a few that do:

https://www.atomic-trade.com/liquidity - simplified totals for each coin that shows whats in users accounts, exchange wallets and the difference between the two if any.
https://exco.in/reserves - provides addresses with signed message to prove ownership
https://www.usecryptos.com/transparency
https://exchange.coinport.com/open#/reserve - Very detailed info and can be further verified using their Audit feature.

But people still flock to the secretive exchanges like cryptsy and bittrex,  that make no attempt to prove the coins being traded exist.  High volume and twitter pump groups that are allowed to operate on those exchanges all keep this going.

Nice one, thanks. Trying to get a list of transparent exchanges together here and that's a big help:
https://bitcointalk.org/index.php?topic=940156

Someone mentioned atomic-trade on that thread, they show reserves but I don't see any way of verifying them.
Exco.in looks good, same kind of system as coinport and very easy to understand.
Usecryptos.com really nice too, don't see signed messages for addresses but that looks like user controlled wallets and that's a huge step in the right direction. Euro and USD trading too, will be recommending them Smiley

We may have a different definition of a user controlled wallet, but Usecryptos is simply showing the addresses in the exchanges wallets with current balance and underneath that user account balances, so it can seen if what is held is equal to users see they have there.

Atomic Trade is effectively the same but keeps its simple with just the updated totals for each coin and the difference.  It doesn't provide a method of user verification yet but it was one of the first exchanges to provide proof (est Dec 2013).  Anyone that has traded there will have been able to see the decrease/increase and difference can seen when coins are deposited/withdrawn or blockchain issues eg fork/rollback.  Interesting side effect of PoS coins seen, is when staking can make difference negative as staked amount, is temporarily unavailable until it matures.
There is also a richlist which shows the top 10 balances/users for each coin and provides some further insight into distribution and validates to small degree what is shown on liquidity. (its all linked together and can be seen to update as trades and transfers occur).  

Coinport and Exco.in are the latest and still new but their proof is detailed and takes all this to the next level with the verification.
  
I believe Cryptsy knows it will have to provide something like in the future or its days are numbered, but of course they quite likely cant do it right now as the results would scare half their users away.  Increasing fees, changing to base currency fees, rebates, cloud mining hashes are methods by which they take in more btc and then present a better picture when they make their audits public.  

But i think no matter how much proof more transparent and honest alternatives provide, the main exchanges have and maintain advantage over them by withholding proof as they can keep faking volume/use their p&d groups and other tricks to keep flow of money into them.  Unfortunately majority of traders are going to follow the herd and trade where they can see volume, so low volume and low/empty orderbooks means the more honest exchanges continue to be ignored by them.

430  Bitcoin / Bitcoin Discussion / Re: Fractional reserve bitcoin on: January 31, 2015, 03:40:26 AM
Examples? I thought we would see proof of transactions in exchanges after the mt gox debacle (I haven't used an exchange in over a year).

There are several exchanges that do provide proof of some sort but they can not compete with the likes of mintpal/crypsty/bittrex/bter that are able to provide the volume and depth that brings the traders.
heres a few that do:

https://www.atomic-trade.com/liquidity - simplified totals for each coin that shows whats in users accounts, exchange wallets and the difference between the two if any.
https://exco.in/reserves - provides addresses with signed message to prove ownership
https://www.usecryptos.com/transparency
https://exchange.coinport.com/open#/reserve - Very detailed info and can be further verified using their Audit feature.

But people still flock to the secretive exchanges like cryptsy and bittrex,  that make no attempt to prove the coins being traded exist.  High volume and twitter pump groups that are allowed to operate on those exchanges all keep this going.
 

431  Bitcoin / Bitcoin Discussion / Re: Fractional reserve bitcoin on: January 31, 2015, 02:13:09 AM
This can only happen if exchanges sell their own IOU as Bitcoin.

This is what they are doing and fractional reserve is likely to be happening with EVERY exchange that does not provide a live updates or even a daily updates of their coin held/owed to their users.  Large exchanges like Cryptsy can get away with it for now as they have enough users and bitcoin coming to maintain it,  but they have increased their fees, while decreased and delayed dividend payouts to their shareholders on Cryptostocks (from weekly, to monthly, to whenever Vern feels like it, and payouts get smaller each time) could be seen as an attempt to stall or reverse a growing debt in bitcoin before it becomes a problem for them.

I have very little trust for exchanges that have popped up since the 2013 bubble and don't provide some proof or their reserves/liquidity.  Bittrex, Polo, C-Cex, Bter, Bleu. 
Unfortunately the more honest exchanges dont get the volume that brings the users, thats brings the volume, that brings the users and so on. 
432  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CARBONCOIN: The Completely Carbon Neutral Cryptocurrency on: January 30, 2015, 04:06:26 PM
iv had BIG problems with coins-e in the past!! Took me 6 months or more t get 2 BTCs back they sent too the wrong address! Did get it in the end though! Dont think they are intentional scammers, just very poor service!!

Tried to withdraw 50,000,000 Carbon from Crypto-trade  on 28th, never gt sent then on 29th they have a message saying back in 6 months or something email us!!!  They did have a notice saying people could withdraw until public wallets were empty!!!!!  & 48 hours notice to close down is absolutely ridiculous. NOT impressed!
From experience with other coins that have extreme high coin count,  i kept my withdrawals to 7 digits and no decimals to try and avoid problems. eg 5,000,000 or 9,999,999.  Also if wallet as too many inputs and tried to use them all to fullfill a withdraw/spend, it can become a stuck/0 confirm tx, because it goes over the byte size limit for transaction.
I would suggest email them if you haven't already,  I had no issues with Carbon there and i was buying carbon/btc on CT throughout this 48 hour period incase the BTC hot wallets became empty (they were refilled later in the day, as i received sm pending withdrawals later on).  I'm still waiting on some last day withdrawals from CT (UTC, VIA, USD, EUR, BTC) so hopefully those will be handled soon.
 

anyone notice how the day after Crypto-trade shuts down with everyones Carboncoin that was still on there, theres suddenly 7 BTCs worth for sale on 2 sats on Swisscex, most theres ever been!!! Coincidence?Huh?

I am prob one of those orders on swiss-cex as i withdrew and sold some of my carbon there while keeping the balance which i intend to send to my wallet later. Spread my withdraws to the different exchanges to reduce the risk as they are all new and unfamiliar to me. (had 3 wallets running in background, so a 4th was not possible at that time). I'm suprised more people didnt opt to withdraw their altcoins instead of dumping for btc and ltc, given that these wallets are likely to be emptied first.  I noticed there was a lot sell off of carbon and other alts on CT, and some of my buys were filled relatively fast allowing me to sell some on swisscex at 1 satoshi and get some of bitcoin spent on CT back via carbon less fees of course.  In this situation Carbon really proved itself as a fast and efficient method to transfer value here.  Now i'm holding onto the extra carbon i have from CT and hoping more exchanges consider adding this coin.  For me the only thing that went wrong in all this coins-e.  I thought they had new owners and could be relied upon now, but seems not :\

+1 for using SwissCex, so far I am impressed as seems to be a well designed up and coming exchange, will prob start trading there more. Smiley



433  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CARBONCOIN: / WARNING: Coins-e stealing coins... again on: January 30, 2015, 01:51:58 AM
Well done Zebedee! Great updating. Swisscex is our major exchange, good volume but not much left to buy at these levels!

Just a warning to everyone about coins-e.com, they seemed to be up to old tricks and are either using a different wallet to handle withdraws which is sending on forked chain for withdrawals and/or are scamming again and keeping the coins while giving a fake tx id.  

I sent carboncoin here a few days ago from Crypto-trade, they arrived and were credited to my account very fast, so Coinse is receiving on correct chain the deposits.  A day later i decided to withdraw my coins. Coins-e provided a txid after confiming the withdraw but my coins never arrive and the tx can not be found on the carbon blockchain explorer.


This is my original deposit to Coins-e, coins have not been moved. https://chainz.cryptoid.info/carbon/tx.dws?bb54c955167400e76812c0da9b50363e87d76906d8443c3e31d1fffd683e0b56.htm


this is the txid they gave after i withdrew, notice it shows confirmations on coinse site but is not on block explorer and i have not received my coins
https://chainz.cryptoid.info/carbon/search.dws?q=853b87a32ec759c73357cc4100a469fc243195a60cb235ccc0efcbc612dd5218


Contacted their support but its been ignored.

Anyway just a warning to others, its my own fault for thinking coins-e might have changed since the redesign Sad  
I also noticed they have showing incorrectly their 24hr trade volume, it been set to mislead people by showing the total all time volume traded there, bt a look at the charts tells a different story.  Undecided

On the positive side they must believe carboncoin is worth stealing to behave like this as I was able to withdraw a small amount of acoin from there.
434  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s on: January 29, 2015, 07:17:20 AM
still waiting on minersource.net for a reply about my order or replacement, refund or compensation.  Sad

The minersource address as seen on their webstore when searched for on google maps shows vacant looking and unmarked rent a unit/storage and looks like it may have been that way for a long time.  no branding on outside like the neighbouring companies there. 
435  Economy / Service Announcements / Re: [CRYPTO-TRADE v2.0] Crypto-Trade.com Exchange & IPO -new- official thread! on: January 29, 2015, 07:02:48 AM
Quote
Crypto-Trade is shutdown temporarily !

We are undergoing complete transformation of our company and recruiting new development and management staff which will take at least 3 months.All the unpaid user balances and CT shares are intact with us.Feel free to contact us at ctnewteam@crypto-trade.com

Well, it looks like that is that for now. Hopefully Creative will let us know where they are transferring their shares to soon...

indeed, i was on another tab when they switched into maintenance.  was there anything else mentioned in chat?
436  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone on: January 29, 2015, 06:57:57 AM
Might be time you guys go open-source and let people help with bugs more. I mean it is an Android app so the source is available if you want it, no sense in keeping it closed any longer.
Bump.

Crypto is only strong if you can prove it openly. If there's a bug/flaw and you keep it closed you're risking the whole project.
Make it open and let the community help improve it. Like I said before, it's an Android app, the source is readily available anyways so might as well invite the community.

while some might help improve, more likely we see all the scamcoin makers clone it and start pumping daily new *Coinz in altcoin seciton.  this would be enough to kill real development here imho.  The devs from what i see are making something original and is entirely their own work and not another crapcoin cloned from bitcoin/peercoin like the hundreds others here. 
too many scammers waiting to make a quick profit from easily available source, and are able to quickly shill their scamcoins and ipos with sockpuppets, and then the arrangements they have with exchanges to get their coins listed/ipo means the real hard working and honest devs and users stand to lose out, while the scammers would continue to profit with something they have contributed nothing to.
 
I think there maybe a place something like this to be opensourced and decntralized later on, but not while the project is still finding its feet, its doesnt need its hard work complicated and quickly devalued. 
437  Economy / Securities / Re: [WTS] Creative Mining $CRM Shares on: January 28, 2015, 01:16:56 PM
Creative mining has just posted this update:
Creative Mining update
Dear Shareholders,

We are aware of the forthcoming closure of Crypto-Trade but would like to refrain from making comments at this moment. Trading of CRM shares on Crypto-Trade should have been halted by now.

We have already made agreements with established trading platform to host Creative Mining asset. More details will be available when the trading platform staff completes their review of CRM. All Shareholders will be contacted by email with short explanation and instructions on how to claim your shares/ exchange them for CRM credits. Please be sure to have access to the e-mail address you used here on Crypto-Trade as this will be the only way to claim your shares.   

 

Creative Mining   

"The future is bright"

Sounds like good news...  anyway PM or reply here if interested in buying these shares and I'm open to offers in BTC, BLK or LTC Smiley  Needs to be done within the next 24 hours so i can transfer to your account.
438  Economy / Securities / Re: [BTCT.CO] ESECURITYSABTC on: January 28, 2015, 08:05:00 AM
Yes I should have done a motion instead to hear the voice of some trolls only... Anyway I wont back on my decision about new shares.
The real business behind has been verified and as some quoted previously I was not against a visit of datacenter to show our actual 450k worth hardware ( yes we growing again...) to someone able to visit with me the data in Amsterdam. Anyway No new share will be sold so this solution is a bit useless, while costy for a small loan finally...( I loan for only 6 servers, also only 15 k usd to the communauty...) It could appear a big amount for some but trust me for our business this amount didnt helped us a lot ( even if welcome) Anyway Im someone honnest and will proof if with dividends...as I did since the start. I dont see actually more way to proof everyone Im legit...

So you were saying something about being honest and proving it?  We are here waiting... :\
439  Economy / Securities / [WTS] Creative Mining $CRM Shares - CLOSED on: January 28, 2015, 07:55:54 AM
Update: Closed this as CT has nw gone offline, and Creative has gone silent.  With no way to transfer CRM, i dont see anyway these can be sold now.  Undecided

I have 500 i would like to sell.  bought at start of month for 0.0065 BTC each before they went to london expo.  Please read and be aware of my reason for selling is sudden announcement from Crypto-Trade they are closing down their exchange. as so far there is no response to this from Creative Mining, so I'm selling at loss as I would like to try and get some of my btc back then wait and see what happens.

500 shares @ 0.0037 BTC each (20 shares min trade) or 1.5BTC for the lot. Or make an offer. Am also open to accept the rough equivalent in altcoins - LTC, BLK or other good cryptos.

PM or reply here with questions or offers

Further infomation about Creative can be found here:
http://www.creativemining.eu/
https://crypto-trade.com/security/CREATIVE/details
https://bitcointalk.org/index.php?topic=754477.0
They market themselves as having free electricity supply so mininmal maintenance costs and devote 35% of mined bitcoins to a reinvestment fund which is used buy new hardware so that shares will always increase in hashrate and btc returns scale up as difficulty rises.  Its meant to be better than cloud mining as you buying shares (limited to 10,000) in a mining company rather then buying GHS tokens which decrease value, vs shares which increase as their company buys more hardware.  Since they first began the total hashrate they control has started at  30 TH/s x 10.000 shares = 3 GH/s per share and is now at 90TH = 9GH/s per share.  Up until the last announcement dividends were always being paid weekly and they were considered to be trustworthy and as some investors had already made a full ROI in the 5 months they had been operating.  They may continue after CT closes or maybe they will disappear so please dont buy unless you well aware of the risks with this right now.

They announced a forthnight ago that dividends would be delayed while they attended Bitcoin Expo in London and that a 3x payout would occur this friday.  If you feel like taking a chance at some half price "always profitable" mining shares then this might be for you Wink

You need a Crypto-Trade account for me to transfer them to you.  Also this will need to be done before CT goes offline, they have annouced site will go offline @ 29th January 6:00 UTC. so the transfer will need to be done before then.

Creative Mining update 15.01.2015
Dear Shareholders

We will not be able to schedule dividend payments this week. We are attending Bitcoin Expo conference in London and only leaving one engineer to look after the miners. Next two dividend payouts will roll over to the third week, our Shareholders will receive a triple dividend payout on friday, 30th January 2015.

Additionally, on or before 30th January 2015 Creative Mining ICO will be closed and all remaining shares transferred to our new investor.

 Creative Mining

"The future is bright"



Dividends
Date   No of Shares   BTC/Share   Total BTC shared
2015-01-09 19:01:01   6025   0.00046210   2.7841525
2015-01-02 18:01:20   5622   0.00044511   2.50240842
2014-12-26 14:05:02   3888   0.00045780   1.7799264
2014-12-19 20:38:47   3134   0.00042547   1.33342298
2014-12-12 20:06:59   2351   0.00041278   0.97044578
2014-12-05 15:30:11   1910   0.00036961   0.7059551
2014-11-28 20:01:26   1591   0.00030974   0.49279634
2014-11-21 18:51:12   1084   0.00031071   0.33680964
2014-11-14 15:28:15   1068   0.00030785   0.3287838
2014-11-07 20:52:05   858   0.00029521   0.25329018
2014-11-01 02:17:51   577   0.00058932   0.34003764
2014-10-17 22:31:17   563   0.00028563   0.16080969
2014-10-10 21:51:43   547   0.00026831   0.14676557
2014-10-03 23:07:52   547   0.00027000   0.14769
2014-09-26 22:15:12   547   0.00024426   0.13361022
2014-09-19 10:51:56   545   0.00028307   0.15427315
2014-09-12 11:04:27   545   0.00030016   0.1635872
2014-09-05 13:27:45   545   0.00029978   0.1633801
2014-08-29 10:35:17   517   0.00032719   0.16915723
2014-08-22 06:05:36   516   0.00036874   0.19026984
2014-08-15 10:21:01   482   0.00038653   0.18630746
2014-08-08 06:17:32   376   0.00037783   0.14206408
2014-08-01 06:24:00   108   0.00035863   0.03873204
440  Economy / Securities / Re: [CRYPTO-TRADE] Crypto-trade.com IPO and official thread! on: January 27, 2015, 10:26:29 PM
Creative Mining Locked their thread so pasting it here before CT goes offline


This was their last update and only posted on CT

Quote
2015-01-15 Creative Mining update 15.01.2015
Dear Shareholders

We will not be able to schedule dividend payments this week. We are attending Bitcoin Expo conference in London and only leaving one engineer to look after the miners. Next two dividend payouts will roll over to the third week, our Shareholders will receive a triple dividend payout on friday, 30th January 2015.

Additionally, on or before 30th January 2015 Creative Mining ICO will be closed and all remaining shares transferred to our new investor.

Details
Shares sold : 8039 / 10000
Issuer : Creative
Business Name : Creative Mining

Business Location : Creative Mining Facility Seilfahrt, Bochum North Rhine-Westphalia, Germany
Email Address : office@creativemining.eu

About the Company : Creative Mining was created with the intent to give investors the opportunity to participate in Bitcoin mining, without purchasing and maintaining their own hardware.
Company Website URL : www.creativemining.eu
 

More informations about CREATIVE
Contract Details Executive Summary Business Description Market Definiton Products & Services Organization & Management Marketing Strategy Financial Management
Contract details
Mining

Creative Mining is a Bitcoin mining project, located in Bochum, Germany. Our miners are kept at a very secured location underground, with access to free electricity grid, up to a maximum of 100kW. These advantages will make Creative Mining competitive with any other mining assets on the market. The company will offer 10,000 non-dilutable shares of a Creative Mining.

Dividends

Dividends will automatically appear in shareholders Bitcoin wallets every Friday. Dividends will consist of 65% of Creative Mining net revenue for the week. Net revenue is defined as the total of all Bitcoins mined minus maintenance costs. The percentage of the net revenue paid in dividends can change if shareholders vote to change it. Such action will only occur if the state of the Bitcoin mining space demands it.

Reinvestment

Every week, Creative Mining will reserve a percentage of mined Bitcoins equal to 35% of net revenue. These investments will allow Creative Mining to deploy additional hardware. Time of deployment for this additional hardware will be in the best interest of shareholders.

Current Mining Setup:

3x Neptunes, 10 boxes hashing at - 10 Th/s total
11x Terraminers hashing at - ~17.4 Th/s total
6x Avalons hashing at ~240Gh/s each - ~1.41 Th/s total
120x Gridseed Dual hashing at ~11Gh/s each - ~1.3 Th/s total

 

Total Creative Mining hashing power 30 TH/s x 10.000 shares = 3 GH/s per share.

Creative Mining reserves the right to increase the hashing power without shareholders approval.

 

 

Executive summary
Business Description
Market Definition
Products & Services
Creative Mining hardware is located in a very secure location underground, which was reinforced and transformed in to Data Center, with access to free electricity grid, up to a maximum of 100kW. These advantages will make Creative Mining competitive with any other mining assets on the market.

Organization & Management
The owner and founder of Creative Mining will manage the company totally on his own, and manage everything in a secure and professional manner. Creative Mining representative in Germany, will maintain our hardware and hosting. Our representative is receiving his salary in the form of hosting space for his private hardware.

Marketing Strategy
N/A

Financial Management
Creative Mining financial statement will be provided to shareholders, on the 1st day of every month.



News
 2015-01-15 Creative Mining update 15.01.2015
Dear Shareholders

We will not be able to schedule dividend payments this week. We are attending Bitcoin Expo conference in London and only leaving one engineer to look after the miners. Next two dividend payouts will roll over to the third week, our Shareholders will receive a triple dividend payout on friday, 30th January 2015.

Additionally, on or before 30th January 2015 Creative Mining ICO will be closed and all remaining shares transferred to our new investor.

 

Creative Mining

"The future is bright"

 2015-01-09 Creative Mining dividends 09.01.2015
Total Bitcoins mined:    7.10932482

Creative Mining investment fund (35%):    2.48826368

Total profit (65%):     4.62106113

Dividend payout (per share):

 09.01.2015                               0.00046210
 2015-01-02 Creative Mining dividends 02.01.2015
Total Bitcoins mined:    7.00179163

Creative Mining investment fund (35%):    2.45062707

Total profit (65%):     4.55116455

Maintanance fee:     0.1

Dividend payout (per share):

 02.01.2015                               0.00044511
 2015-01-02 Creative Mining Financial Statement 02.01.2015 (docx)
http://speedy.sh/Qw93p/Statement02.01.2015.docx

 2014-12-26 Creative Mining dividends 26.12.2014
Total Bitcoins mined:    7.12013760

Creative Mining investment fund (35%):    2.49204816

Total profit (65%):     4.62808944

Maintanance fee:     0.05

Dividend payout (per share):

 26.12.2014                               0.00045780
 2014-12-26 Merry Christmas from Creative Mining
Creative Mining would like to wish everyone Merry Christmas and a Happy New Year.

 

Kind Regards

Creative Mining

 2014-12-19 Creative Mining dividends 19.12.2014
Total Bitcoins mined:    6.69958673

Creative Mining investment fund (35%):     2.34485535

Total profit (65%):     4.35473137

Maintanance fee:     0.1

Dividend payout (per share):

 19.12.2014                               0.00042547
 2014-12-17 Additional ~5.8Th/s added!
Dear Shareholders,

We have deployed our first SP-30 Yukon miner from Spondoolies Tech. Our new SP-30 is pulling nearly 6Th/s at 2150W.

 

 

Creative Mining

"The future is bright"

 2014-12-12 Creative Mining dividends 12.12.2014
Total Bitcoins mined:    6.50438396

Creative Mining Investment Fund (35%):     2.27653438

Total Profit (65%):     4.22784957

Maintanance Fee:     0.1

Dividend payout (per share):

 12.12.2014                               0.00041278
 2014-12-05 Creative Mining dividends 05.12.2014
Total Bitcoins mined:    5.84030048

Creative Mining Investment Fund (35%):     2.04410516

Total Profit (65%):     3.79619531

Maintanance Fee:     0.1

Dividend payout (per share):

 05.12.2014                              0.00036961
 2014-12-02 Creative Mining Financial Statement 02.12.2014 (docx)
http://speedy.sh/VsCCW/Statement02.12.2014.docx

 2014-12-02 S4 order update 02.12.2014
Dear Shareholders

Our AntMiner S4 order has arrived yesterday. Eleven from twelve miners are hashing at just over 2Th/s each. One S4 is having power issues and We will send it back today and expect to receive a replacement in next two weeks time. Creative Mining total hashing power is now showing a whopping ~75Th/s. Happy Mining!

 

Creative Mining

"The future is bright"

 2014-11-28 Creative Mining dividends 28.11.2014
Total Bitcoins mined:     4.76533780

Creative Mining Investment Fund (35%):     1.66786823

Total Profit (65%):     3.09746957

Maintanance Fee:     0

Dividend payout (per share):

 28.11.2014                              0.00030974
 2014-11-21 Creative Mining dividends 21.11.2014
Total Bitcoins mined:     4.78023225

Creative Mining Investment Fund (35%):     1.67308128

Total Profit (65%):     3.10715096

Maintanance Fee:     0

Electricity Costs:     0

Dividend payout (per share):

 21.11.2014                             0.00031071
 2014-11-20 Update 20.11.2014
Dear Shareholders

Just a quick update. We have completed the expansion process in to 2nd server room of our mining facility. All racks are wired and ready for our S4 order which should be delivered next week.   

Our new logo: https://i.imgur.com/zLBcwAO.png

                     https://i.imgur.com/erOHsOa.png

                     https://i.imgur.com/dXFZvmY.png

                     https://i.imgur.com/8gFwc1T.png

 

Creative Mining

"The future is bright"

 

 2014-11-14 Creative Mining dividends 14.11.2014
Total Bitcoins mined:      4.81309198

Creative Mining Investment Fund (35%):     1.68458219

Total Profit (65%):     3.12850978

Maintanance Fee:     0.05

Electricity Costs:     0

Dividend payout (per share):

 14.11.2014                              0.00030785
 2014-11-10 Creative Mining expansion.
Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

 

Creative Mining

"The future is bright"

 2014-11-07 Creative Mining Dividends 07.11.2014
Total Bitcoins mined:      4.54179939

Creative Mining Investment Fund (35%):     1.58962978

Total Profit (65%):     2.95216960

Maintanance Fee:     0

Electricity Costs:     0

Dividend payout (per share):

 07.11.2014                              0.00029521
 2014-11-04 News 04.11.2014
Dear Shareholders

We have managed to deploy all recently purchased 8 (eight) AntMiners S3 B6. Our total hashing power is now coming up to a whopping ~50Th/s and climbing. Additionally, We will be purchasing another 5 (five) AntMiners S3 B6 as soon as they are ready for shipment.

We would like to sincerely thank Mariusz and his "Miner Syndicate" team for suppling Creative Mining with great service at affordable prices. Mariusz will be the first person to visit our mining facility in Bochum when he comes back from his business travel. I am sure he will be more than happy to share his experiences and provide a quick review.

 

Creative Mining

"The future is bright"

 2014-11-02 Creative Mining Financial Statement 02.11.2014 (docx)
http://speedy.sh/Txn3G/Statement01.11.2014.docx

 2014-10-31 Exciting news!
Dear Shareholders

We are happy to announce We have purchased 8 (eight) AntMiners S3 batch #6 thanks to our fellow miner from Poland. We are still in the process of upgrading and setting up the miners but We will make announcement as soon as We are ready. Please stay tuned. Happy Halloween

 

Creative Mining

"The future is bright"

 2014-10-31 Creative Mining Dividends 31.10.2014
Creative Mining Dividends due 24.10.2014

Total Bitcoins mined:       4.49131822

Creative Mining Investment Fund (35%):      1.57196137

Total Profit (65%):    2.91935684

Maintanance Fee:     0

Electricity Costs:     0

Dividend payout (per share):

 24.10.2014                              0.00029193

 

Creative Mining Dividends 31.10.2014

Total Bitcoins mined:       4.57533910

Creative Mining Investment Fund (35%):      1.60136868

Total Profit (65%):    2.97397041

Maintanance Fee:     0

Electricity Costs:     0

Dividend payout (per share):

31.10.2014                               0.00029739

 

Total dividend payout (per share)

31.10.2014                               0.00058932
 2014-10-25 Creative Mining Dividends 24.10.2014
Dear Shareholders

We are on a business trip securing the purchase of new equipment for our mining facility, therefore We were unable to schedule dividend payments yesterday. This week payout will be rollover to next week so all our Shareholders will receive a double dividend.

 

Creative Mining

"The future is bright"

 2014-10-17 Creative Mining Dividends 17.10.2014
Total Bitcoins mined:       4.39445961

Creative Mining Investment Fund (35%):      1.53806086

Total Profit (65%):    2.85639874

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 17.10.2014                              0.00028563
 2014-10-16 New miners added.
Great news!

We have received our two AntMiners S4 B2 today. After quick testing both miners performing better than expected and hashing at ~2.1Th/s each. Our total hashing power is now at ~46.2Th/s! Happy mining.

 

Creative Mining

"The future is bright"

 2014-10-13 Additional ~3TH/s+ added!
Dear Shareholders

We have secured the purchase of 2x CoinTerra TerraMiners IV. After testing both miners are performing as others and hashing at ~1.6Th/s each. We are proud to announce, We have already reached our total hashing power goal of 40Th/s. Additionally, We are still awaiting delivery of 2x Antminers S4 B2. Our current total hashing power is now ~41.9Th/s or ~4.19Gh/s per share.

 

Creative Mining

"The future is bright"

 2014-10-10 Creative Mining Dividends 10.10.2014
Total Bitcoins mined:      4.12792118

Creative Mining Investment Fund (35%):      1.44477241

Total Profit (65%):    2.68314876

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 10.10.2014                              0.00026831
 2014-10-03 Creative Mining Dividends 03.10.2014
Total Bitcoins mined:       4.15395881

Creative Mining Investment Fund (35%):      1.45388558

Total Profit (65%):    2.70007322

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 03.10.2014                               0.00027000
 2014-10-02 Creative Mining Financial Statement 02.10.2014 (docx)
http://speedy.sh/vhSKQ/Statement02.10.2014.docx

 2014-09-30 News 30.09.2014
Dear Shareholders

As expected, We have received the delivery of 5 Antminers S3 batch #8 from BitmainTech. All devices are hashing steadily since this morning at 455Gh/s each. Our total hashing power is now ~38.6Th/s or for our Shareholders it's ~3.86Gh/s per share.

Additionally, We have received an email from BitmainTech today, stating Antminers S4 from batch #2 are now available to order. Therefore, and without any hesitation, We have secured an order for 2x Antminers S4 B2. Order total = 6.574. Estimated delivery was scheduled for middle October . Creative Mining re-investment fund hasn't yet accumulated enough Bitcoins for this purchase, but We decided to loan just over 1 Bitcoin to re-investment fund from our own pocket. We really wanted to make this purchase as soon as possible and this was the quickest option. Loan will be repaid once our re-investment fund accumulates funds. This addition will increase Creative Mining total hashing power to 40Th/s+ and for our Shareholders 4Gh/s+ per share. 

Creative Mining financial statement for September will follow shortly.


Creative Mining
"The future is bright"

 2014-09-27 News 27.09.2014
Dear shareholders,

Creative Mining Re-investment fund has now accumulated 4.91360190 BTC. We will be placing an order for Antminers S4 B2 with Bitmaintech as soon as becomes available for order. Additionally, We are expecting delivery of our 5x Antminers S3 B8 Monday next week. This will increase Creative Mining total hashrate to ~40Th/s+ or ~4Gh/s per share.

 

Creative Mining

"The future is bright"

 

 2014-09-26 Creative Mining Dividends 26.09.2014
Total Bitcoins mined:       3.75786005

Creative Mining Investment Fund (35%):      1.31525101

Total Profit (65%):    2.44260903

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 26.09.2014                               0.00024426
 2014-09-20 Visit Creative Mining
Dear Shareholders,

How would you like to go on a trip to Germany and visit our mining facility?

After a long transformation process, from the old bunker in to a state of the art data centre, We have decided to invite two of our biggest Shareholders, to visit our mining facility in Bochum, Germany, and to meet with Creative Mining management team. The visit is intended to last two days, Creative Mining owner will cover all travel and staying expenses from his own pocket, for the chosen Shareholders. The visit will include: a tour of our mining facility and surroundings, an interview with Creative Mining owner and operator, a nice restaurant dinner at the hotel where Shareholders will be staying.


Conditions:

1. We will choose two of our biggest Shareholders at our own discretion.
2. Shareholders must also be a trusted members on Bitcointalk.org forum.
3. We would like to pick a person who is able to provide detailed review of the visit.
4. Photos or videos are not allowed on site.
5. Chosen Shareholders must be from the EU region.
6. Travel and staying expenses will be covered by the Creative Mining owner.
7. The visit is scheduled for the end of October.


Creative Mining
"The future is bright"

 2014-09-19 Creative Mining Dividends 19.09.2014
Total Bitcoins mined:      4.43194377

Creative Mining Investment Fund (35%):     1.55118031

Total Profit (65%):     2.88076345

Maintanance Fee:     0.05

Electricity Costs:     0

Total Dividend payout (per share):

 19.09.2014                               0.00028307
 2014-09-12 Creative Mining Dividends 12.09.2014
Total Bitcoins mined:     4.61787669

Creative Mining Investment Fund (35%):     1.61625684

Total Profit (65%):     3.00161984

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 12.09.2014                               0.00030016
 2014-09-05 News correction
Dear shareholders,

Creative Mining Re-investment fund has accumulated 3.43384109 BTC. We will be placing an order for additional 5 Antminers S3+ B8 with Bitmaintech - Order total: 2.9 BTC .Estimated delivery is end of September. This addition will increase Creative Mining total hashrate to ~38Th/s+ or ~3.8Gh/s per share.

We have more exciting news for our shareholders to come very shortly, please look out for updates. Thank you

 

Creative Mining

"The future is bright"

 

 

 2014-09-05 News
Dear shareholders,

Creative Mining Re-investment fund has accumulated 3.43384109 BTC. We will be placing an order for additional 5 Antminers S3+ B8 with Bitmaintech - Order total: 2.9 BTC .Estimated delivery is end of September. This addition will increase Creative Mining total hashrate to ~40Th/s+ or ~4.0Gh/s per share.

We have more exciting news for our shareholders to come very shortly, please look out for updates. Thank you

 

Creative Mining

"The future is bright"

 

 

 2014-09-05 Creative Mining Dividends 05.09.2014
Total Bitcoins mined:      4.61207331

Creative Mining Investment Fund (35%):      1.61422565

Total Profit (65%):      2.99784765

Maintanance Fee:     0

Electricity Costs:     0

Total Dividend payout (per share):

 05.09.2014                               0.00029978
 2014-09-01 Creative Mining Financial Statement 01.09.2014 (docx)
http://speedy.sh/X5d7a/Statement01.09.2014.docx

 2014-08-29 Creative Mining Dividends 29.08.2014
Total Bitcoins mined:     5.04917115

Creative Mining Investment Fund (35%):     1.7672099

Total Profit (65%):     3.28196125

Maintanance Fee:     0.01

Electricity Costs:     0

Total Dividend payout (per share):

 29.08.2014                               0.00032719
 2014-08-22 Additional ~2.7Th/s deployed.
Dear Shareholders,

All our miners received from Bitmaintech.com are hashing for the last 10 hours. Total output of all miners - 2.7Th/s. Creative Mining total hashrate after this addition is ~35.7Th/s = 3.57Gh/s per share.

 

Creative Mining

"The future is bright'

 

 2014-08-22 Creative Mining Dividends 22.08.2014
Total Bitcoins mined:     5.62677183

Creative Mining Investment Fund (35%):     2.03937014

Total Profit (65%):     3.78740168

Maintanance Fee:     0.1

Electricity Costs:     0

Total Dividend payout (per share):

   22.08.2014                               0.00036874
 2014-08-21 Great news!
Dear Shareholders,

Today, 21.08.214, order from Bitmaintech.com was delivered to our mining facility in Germany. We are now in the process of setting up the miners and adding bigger ventilation unit for our underground mining facility. More information will follow shortly.

 

Creative Mining

"The future is bright"

 2014-08-15 Creative Mining Dividends 15.08.2014
Total Bitcoins mined:     5.96214690

Creative Mining Investment Fund (35%):     2.08675141

Total Profit (65%):     3.86539548

Maintanance Fee:     0.01

Electricity Costs:     0

Total Dividend payout (per share):

 15.08.2014                               0.00038653

 2014-08-13 Additional 3Th/s Added!
Dear Shareholders'

Creative Mining is proud to announce, we have added another KNC Neptune miner to our current mining setup.

Creative Mining current mining set-up:

4x 'KNC' Neptunes with first ever 20nm chip, 20 boxes hashing at ~13.8 Th/s total

11x 'CoinTerra' Terraminers with 4 x GoldStrike 28nm ASIC Chips (2 per board) hashing at ~1.6 Th/s each - ~16.4 Th/s total

6x 'Avalon' #2Batch, 2 module 160 55nm chips on each module, hashing at ~240Gh/s each - ~1.41 Th/s total

120x 'Gridseed' Dual 5 chips on each module, hashing at ~11Gh/s each - ~1.3Th/s total

COMING SOON

6x 'Bitmaintech' AntMiner S3 B6

 

Creative Mining total hashrate from 13.08.2014: ~32.9TH/s = 3.29GH/s per share.

 

Creative Mining

"The future is bright"

 

 2014-08-08 Creative Mining Investment Fund
Dear shareholders,

Creative Mining Investment Fund has now accumulated a total of: 3.96563045 BTC. We have decided to place an order with Bitmaintech.com for 6x AntMiner S3 B6. Order total: 3.96000000 BTC. Expected delivery time was scheduled for middle August 2014. This hardware addition from Bitmaintech.com should increase Creative Mining total hashrate to ~32.5Th/s. The PSU's needed to operate miners will be purchased using IPO funds. More information will be provided shortly.

 

Creative Mining

"The future is bright"

 2014-08-08 Creative Mining dividends 08.08.2014
Total Bitcoins mined:                                        5.81287704
Creative Mining investment fund (35%):              2.03450696
Total Profit (65%):                                            3.77837007
Maintanance fee:                                                            0
Electricity cost:                                                              0
Total dividends pay out (per share):
   08.08.2014                                                   0.00037783

 2014-08-06 Creative Mining dividends 01.08.2014
Dear shareholders,

It has come to our attention CREATIVE MINING shareholders have not received the full dividend per share payout on 01.08.2014. We would like to apologize but this is due to Crypto-Trade having problems with auto dividend payout system and we would like to reassure, we are working with Crypto-Trade to resolve the issue and all missing dividends should automatically appear in our shareholders wallets today.

Expected dividend per share: � 0.00035863

Dividends issued per share: � 0.00010301

Dividends due to 108 shares sold before 01.08.2014: � 0.00025562

 

Creative Mining

"The future is bright"

 2014-08-01 Creative Mining first dividends paid!
Hello Shareholders,

First dividend paid. This friday payout per share: 0.00035863

 

Creative Mining

"The future is bright"

 2014-08-01 Creative Mining Financial Statement 01.08.2014 (docx)
http://speedy.sh/bCayE/Statement01.08.2014.docx

 2014-08-01 Creative Mining Financial Statement 01.08.2014
                                                                                                                                                                                                                        01.08.2014
                                                                                                                                                                                                                  Creative Mining
                                                                                                                                                                                                              Seilfahrt, Bochum
                                                                                                                                                                                      North Rhine-Westphalia, Germany
                                                                                                                                                                                                    office@creativemining.eu
                       
                                                                                                     CREATIVE MINING                 
                                                                                                    Financial Statement
                                                                                            (IPO start) 25.07.2014 - 01.08.2014


Total hashing power (25.07.2014 - 27.07.2014):                                                  ~27.2Th/s
Total hashing power (27.07.2014 - 01.08.2014):                                                  ~30.3Th/s
Total Bitcoins mined:                                                                                       É� 5.51749570
Creative Mining investment fund (35%):                                                             É� 1.93112349
Total Profit (65%):                                                                                           É� 3.58637220
Maintanance fee:                                                                                               0
Shares issued:                                                                                                  10.000
Shares sold:                                                                                                     108
Shares sold total:                                                                                           É� 0.700596
Total dividends pay out (per share):
   01.08.2014                                                                                                 É� 0.00035863

 2014-07-27 Additional 3Th/s deployed!
Creative Mining is happy to announce, after a long battle we have managed to deploy additional neptune Bitcoin miner from KNC. Our total hashrate is now ~30Th/s x 10.000 shares = 3Gh/s per share. At 0.0065 per share, this is the best value per Gh/s out there, by far. Thank you all for your support.

Creative Mining

"The future is bright"

 2014-07-25 Creative Mining IPO launched! Ticker id:CREATIVE
Creative Mining is proud to announce the launch of Initial Public Offering (ticker id: CREATIVE) on Crypto-Trade.com.

Creative Mining will issue 10.000 CRM non-dilutable shares. Each share will equal to 2.72Gh/s of Creative Mining hashing power. Dividends will appear in shareholders wallets every friday.

Funds raised with this IPO will be used to purchase mining hardware from KNCMiner.

Dividends
Date   No of Shares   BTC/Share   Total BTC shared
2015-01-09 19:01:01   6025   0.00046210   2.7841525
2015-01-02 18:01:20   5622   0.00044511   2.50240842
2014-12-26 14:05:02   3888   0.00045780   1.7799264
2014-12-19 20:38:47   3134   0.00042547   1.33342298
2014-12-12 20:06:59   2351   0.00041278   0.97044578
2014-12-05 15:30:11   1910   0.00036961   0.7059551
2014-11-28 20:01:26   1591   0.00030974   0.49279634
2014-11-21 18:51:12   1084   0.00031071   0.33680964
2014-11-14 15:28:15   1068   0.00030785   0.3287838
2014-11-07 20:52:05   858   0.00029521   0.25329018
2014-11-01 02:17:51   577   0.00058932   0.34003764
2014-10-17 22:31:17   563   0.00028563   0.16080969
2014-10-10 21:51:43   547   0.00026831   0.14676557
2014-10-03 23:07:52   547   0.00027000   0.14769
2014-09-26 22:15:12   547   0.00024426   0.13361022
2014-09-19 10:51:56   545   0.00028307   0.15427315
2014-09-12 11:04:27   545   0.00030016   0.1635872
2014-09-05 13:27:45   545   0.00029978   0.1633801
2014-08-29 10:35:17   517   0.00032719   0.16915723
2014-08-22 06:05:36   516   0.00036874   0.19026984
2014-08-15 10:21:01   482   0.00038653   0.18630746
2014-08-08 06:17:32   376   0.00037783   0.14206408
2014-08-01 06:24:00   108   0.00035863   0.03873204
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