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801  Economy / Securities / Re: [Official Thread] - The SolarWind Mining Company on: November 17, 2013, 09:44:56 AM
Great News Everybody!!

I have come across a sweet little deal with a hardware provider. The original investors who joined the company before I had to change the investment plane are now guaranteed to receive the return that I originally promised. DROII!!!! This includes ALL FREE BITSHARES!! You don't have to do anything to get your return and you don't have to invest any more BTC. The only catch is that I will have to do the accounting in USD. But, you will be payed in BTC. So the set value for your investments will be at the exchange rate of $380/1 BTC. To put this into perspective the going exchange rate of BTC at the time I started the Free BitShare Giveaway was around $85-120/1 BTC. The free BitShares that I gave to The First 100 Club were worth 0.01 BTC or ~$0.85-1.20. I will be basing the payments on the exchange rate of USD/BTC at the time I made the deal with the hardware provider. The Free BitShares were worth ~$3.80 at the time of the deal. The DROII is 2x the original amount so each Free BitShare will return ~$7.60. I gave away just over 100 Free BitShares,... THAT'S $760 that I will be paying out to Shares that I gave away for FREE!! And I am happy to do it too!!

I should be able to start payouts in about 65 days or so and they will occur in the order that each partner joined The SolarWind Mining Company. I have put together a spreadsheet that shows the projected returns. You will notice that the Income per Day starts out at $28 and increases by $1 or $2 at irregular intervals, as time goes by, it eventually caps at $100 per day but continues at that rate. Break even will be in ~65 days and the arrangement is kind of a pay as you go agreement, that's why payments wont start until then. The deal that I came across is limited in its scope so I can only provide its benefits to current Shareholders.

I will be offering a buyback for all Free BitShares, this will be first come first serve (so get on the list if you want to sell back your BitShares) and I will be limiting how many and when I buyback shares. Don't be to hasty because it will take some time before I will be able to do any buybacks.


Spreadsheet

Thanks everybody,
Later!
802  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 14, 2013, 10:12:24 PM





803  Bitcoin / Group buys / Re: [PAUSED for total's]R16x: 2 KnC Jupiters, $125 = 11GH/s. Nov. + DZ MC Bonuses on: November 14, 2013, 09:12:41 PM
Hey DZ,

I am looking forward to joining the co-op as soon as you finish the vetting process with me (I sent you a PM with some of the requested information.) Just so everyone else knows what I have to bring to the table, I have a total of 5 Cointerra Terraminer IVs on preorder (thats a total of 10TH/s.) This order is #625 in the December order que so it will be amongst the first orders shipped from Cointerra. Not sure how we will work out the details on how shares can be split since my investment model is somewhat different than the ordinary GB. My companies focus is on rapid re-investment rather than straight payouts. Essentially the company will take care of the future purchasing of hardware based on the given returns, this will give the advantage of leveraging buying power to get higher hashing rates at better prices.

Hope to here from you soon DZ,

Later!

[EDIT: Thought I would add this so we have a good perspective on the potential returns for the 5 Terraminer IV's]
With Bitcoins exchange value being even higher than yesterday, these miners are looking better and better! We should take advantage of Bitcoins current price before it falls below $400/BTC.

804  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 14, 2013, 08:32:37 AM
With Bitcoins exchange value being even higher than yesterday, these miners are looking better and better! We should take advantage of Bitcoins current price before it falls below $400/BTC.

805  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 14, 2013, 02:26:43 AM
Thanks Sebastian, you've been great and I appreciate all you help and advice!
806  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 13, 2013, 09:47:42 PM
I have reduce the total amount of Bitcoin needed to purchase the December Terraminer IV's from 190 BTC to 175 BTC since the exchange rate of BTC/$ has risen to over $400. (MtGox -->$421!! Shocked)  Grin

and we're at like 50? cant really tell
Not sure what you mean by 50. If you are going by the 'Earnings Live View' on the company forum, then you might be mistaking the current mining hardware's hash rate which is at 50.9GH/s [for BTC].

I can add ~4.6 BTC to the total funds needed, that would be an investment on behalf of existing invest[or]s. So, I guess that would mean that the total BTC needed is ~170.5 @$400/BTC (which the BTC/$ rate is currently at $441/BTC.)

I am currently going through the vetting process with DyslexicZombei.

If anyone wants to invest using an escrow service I think it would be OK to use the address that SebastianJu setup at this thread [CANCELED] Jupiters are SOLD OUT - Escrow by SebastianJu. (I'll check with SebatianJu just to make sure.) As the man say's in the next post.
807  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 13, 2013, 03:53:41 PM
I have reduce the total amount of Bitcoin needed to purchase the December Terraminer IV's from 190 BTC to 175 BTC since the exchange rate of BTC/$ has risen to over $400. (MtGox -->$421!! ShockedGrin
808  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 13, 2013, 10:17:38 AM
i really hope you get them in early/mid december Smiley
agreed!
809  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 13, 2013, 09:41:33 AM
Why should I be part of this?

There is profit to be made
Below is a copy of a preorder that I have for 5 Cointerra Terraminer IV's. There is a total of 10TH/s. TheGenesisBlock (which, in my opinion, is the most pessimistic mining calculator out there) clearly shows a PROFIT!! This order is #625 in the December order-que so it is likely be shipped out with the first batch of orders and is scheduled for next day delivery. That means that I will have the miners 'in hand' before many of the other TH/s machines are even shipped to their buyers. As you can see, this miner will recover initial cost in less than two months then continues to make a Profit for the next 4 Months. Not many miners can offer that advantage with the current difficulty levels rate of increase.

So, how do you plan on continuously making a profit with current difficulty levels?
The plan is to take the initial returns (the first months ~132.00 BTC and the second months ~60.40 BTC) and immediately purchase the closest available next gen miners that will offer the best Hash-per-BTC/electrical cost advantage. At today's exchange rate the 5 Terraminers will cost ~180 BTC and the first two months show earnings of ~190 BTC. By that time miners will be cheaper and have even higher hash rates. How much hashing power do you think the company will be able to purchase for 190 175 BTC at that time in the future? Even with spending the first two months of generated funds, the company will still be able to payout a respectful dividend in the initial stages of operation. I'll bet you can figure out the rest on your own.

Why should I partner with The SolarWind Mining Company
If you want to continue to be an active part of the Bitcoin mining community you have a decision to make and you need to make that decision NOW. Neither you nor I will be able to afford to continue to participate in Bitcoin mining in the near future, unless, we join together in this mining partnership!

Why should I send my Bitcoins to your company?

Bitcoin mining will become the progenitor of a new class of elitism.

Everyone probably knows about the Bitcoin 'whales', these are the guy's and gals that started mining a long time ago and have been stockpiling hundreds of thousands of Bitcoins in their personal stashes all this time. The Bitcion elites will surpass in wealth even those with names like the Rothschilds, Ruperts, Rockefellers, Oppenheimers, Porsches and a handful of others.

As far as we know, some of these families may already be behind some of the biggest private miners and Bitcoin companies out there (these families haven't been able to remain the wealthiest people in history without being aware of how the financial winds are change around them.)

We are the generation at the forefront of a new era, We can be part of this elite class, the difference between us and these families that come form Old Money is that our wealth will be born from the spirit of cooperation, fairness and compassion.

How long do you think the powers that be will remain ambivalent towards Bitcoin and those that participate in the Bitcoin community, not long I assure you. The best way to be protected from potential regulations and usurpation by wealthier individuals or institutions is to be big enough and important enough to be grandfathered into regulatory exceptions and to be immune from the meddlings of the worlds wealthy. Yes, it is that important.

The writing is on the wall.

The reason you should partner with The SolarWind Mining Company is that I offer you a position of leverage. Together we can join our strengths and preserve what we still yet have as members of the Bitcoin generation.


This company needs to raise ~190 182.5 BTC before December comes. You can purchase Shares easily by visiting The SolarWind Mining Company Forum. Partner with The SolarWind Mining Company and I promise you that I will work hard to justify your trust in this company. Lets get this thing done, together!

810  Bitcoin / Group buys / Re: [CANCELED] Jupiters are SOLD OUT - Escrow by SebastianJu on: November 12, 2013, 07:49:03 PM

ANNOUNCEMENT


Could the individual who sent a small amount of Bitcoin to the escrow account please let me know who you are and what you would like us to do with your deposit. The amount was just over 0.01 BTC and it came from an address associated with Slush's pool. We will need to verify that you are the correct individual. If no one claims and can verify that they own the BTC within the next 30 days we may donate the amount to the Bitcoin Foundation.
811  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 12, 2013, 09:33:48 AM
Its official, The SolarWind Mining Company has passed its first milestone! We have mined over 1 BTC for a total of 1.00165619 BTC!
812  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 12, 2013, 08:51:47 AM
@BitThink,

I cannot argue with your reasoning, yet I must point out that your premise is based on the 'buy and mine' model. That is to say that your statement remains true only if one were to buy a miner and only consider the generated bitcoin as income.

The SolarWind Mining Company uses a reinvestment model with added features. Earnings from mining are reinvested as rapidly as possible. The goal is to increase the companies total hash rate using generated funds rather than new investments to purchase additional hardware. Think along the lines of the old story about the child who negotiates his allowance with his father. There are many versions of the story, but it essentially goes like this:

  A father offers his son $2 a week as an allowance. The boy declines and tells his father that he wants to have an allowance starting with 1¢ the first day, 2¢ the second day, 4¢ the third day and so on, doubling the allowance each day for 30 days and then starting over on the 31st day with 1¢ and repeating the same process every 30 days. The father thinks this is a great idea believing that he is getting off real cheap with his sons allowance. After 7 days the boys father begins to realizes that he may not have gotten such a great deal after all when the amount he owes the boy reaches $64. The father hastily grabs a calculator and starts adding up how much he will owe the boy in 30 days. The grand total? $5,368,709.12! Needless to say the boy didn't get his wish for his allowance, but the boys father setup a college fund and sent the boy to get a degree in business finance and economics when the boy turned 18.

My goal for the company is based on this concept, although it wont be as profound as the boys allowance, I am using the same principle.
813  Economy / Games and rounds / Re: BTCJam forum name verification on: November 12, 2013, 04:29:16 AM
'I want to link my Bitcointalk name with BTCJam's. Verification code: b6e1c58b-a931-40cb-bb2a-ca8930b436cc'
814  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 11, 2013, 11:38:17 PM
The SolarWind Mining Company has mined 0.971841 BTC total based on a total investment of 6.56 BTC. That means that the total return on investment in the last 35 days is nearly 15%. Not bad, not bad at all. It would be even better if we hadn't had the hardware issues and lost 20+GH/s.
815  Bitcoin / Group buys / Re: [CANCELED] Jupiter are SOLD OUT - Escrow by SebastianJu on: November 11, 2013, 07:52:17 PM
November Jupiter KnCMiners are SOLD OUT. Thanks SebastianJu for the support.
816  Bitcoin / Group buys / Re: [Group Buy/Share Combo]5xTerraminer IV 2TH/s - Will Host Or Deliver on: November 11, 2013, 07:47:41 PM
Willing to sell or trade my position in the order que, make an offer that I can't refuse.
817  Other / Politics & Society / Re: Bringing This Article Back From The Abyss - The Inspiration For My Company on: November 11, 2013, 06:24:26 PM
Bull.
Could you be more specific, 'Bull' is rather ambiguous.
818  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 11, 2013, 06:12:45 PM
That's a fancy way of saying "disorganized" and "unprepared" Tongue though I'm the same way Cheesy
I much prefer free spirited operations anyway, which is what drew me in to SolarWinds to begin with Smiley

I saw that your based in Kansas, which is awesome! Where is your office located? I may stop by to see how things are progressing and talk bitcoin. I'll be travelling through Kansas City, Topeka, and Wichita on business all through this month.
Disorganized? That depends on what you consider to be organization, I prefer to think of it as being highly adaptable while keeping the goal in mind. Imagine a football player believing that he is going to run straight to the end zone and score without having to adjust his path for obstacles or for any kind interference. Now that wouldn't work very well would it, he would have to adapt to ever changing conditions all the while striving towards his singular goal.

Unprepared? I may not have specific actions planned for certain unknowns, but because I am adaptable I am always prepared to deal with what ever comes. I just don't do things the traditional way. If I tried to do things the traditional way, I would never get anything done, EVER. I suffer from what is called 'paralysis of analysis.' If I focus to highly on any one subject, I end up lost in a sea of too many unknown factors and I cannot make a decision on what actions to take. So for me, it is best not to plan to heavily. I know what I need to accomplish and everything I do is to that end.

As for a personal meetings I will have to know more about who I am meeting with, otherwise I am not opposed to a meeting with anyone. Send me a PM with your bio and I will see what I can workout with you. The office is not really in use atm, so I am operating out of my home. As for now, so everyone knows who I am, my real name is James Tate and I live in Wichita, KS.
819  Bitcoin / Group buys / [Group Buy/Share Combo]5xTerraminer IV 2TH/s - Will Host Or Deliver on: November 11, 2013, 03:10:23 AM
This is very simple,

I have a 5/pack Terraminer IV 2TH/s on preorder. Order position is #625 in the order que so this will be an early December delivery. I am selling 3 of the units in combination with Share positions in the remaining 2 miners + will be adding Share positions for the current HPC for 1 x Jupiter KnCMiner (SOLD OUT) that I am conducting in THIS THREAD. Each of the 3 Terraminers can be purchased by an individual or as a separate group buy for each. I will either host them for free minus power costs (since you will also own a stake in the other three two miners) or have them delivered to you ASAP. The total funds needed will be 257 240 BTC@the current exchange rate of ~$300/BTC of which I can contribute ~4.5 BTC so the remaining amount needed will be 252.5 235.5 BTC. All the details of The SolarWind Mining Companies Share benefits are available at the links given.
820  Economy / Securities / Re: [SolarWind , A Bitcoin Mining Company] 100TH/s Mining Farm - Official Thread on: November 11, 2013, 01:57:12 AM
Hello!

This seems interesting. Is there a business plan available that I can read? I haven't been able to get much detail off your website or this thread  Undecided

Ah.. Alas... the dreaded "business plan" question. I have to confess that I am not the best at the traditional methods of organization or concisely writing things down in an organized manner, I think this is mainly due to my personality type (I am an INTP1 from The Myers Briggs Catalog of Personality Types.) I have a professional writer working on the document but they are held up by my busy schedule. Most of what will be in the business plan can be found on The SolarWind Mining Company Forum but I am slowly but surely working to improve access to investor information.

1More information about The Myers Briggs Catalog of Personality Types:
To understand yourself better visit myersbriggs.org

To understand the INTP better visit these links:

INTP - The Engineer
Common INTP problems
INTP - the architect
The INTP Experience
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