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1  Economy / Securities / New Start-Up - Bitcoin Mining | Private Pool | Shareholder Payouts | Discussion on: June 29, 2015, 07:10:16 PM

We would like to introduce DataMineBTC - a new start-up aiming to provide convenient mining services to all shareholders.

At first we plan to buy mining equipment, host the mining equipment in a discussed host and mine in a pool, When we have enough mining equipment of our own we can then start mining in a private pool and try and mine some nice fresh blocks!

We will always make your investment as safe as possible for you. Whatever makes you feel secure - We WILL use a VERY TRUSTED Escrow

What we do with your investment

  • Buy ASIC Mining Equipment from trusted suppliers - this will be discussed and chosen - most likely Bitmain.
  • Host mining equipment in a trusted host with good electricity costs - this will be discussed
  • Operate a private pool for our shareholders equipment
  • Payout share based payments to all users every week

Why us

We both have now over 4 years experience working with Bitcoin/AltCoins.

  • Mining BTC/AltCoins - ASIC Experience and GFX Card Mining Experience
  • Pool Hosting and Management - Using stratum-mining, MPOS, NOMP and P2Pool
  • Development Expertise - CryptoCurrencies and Pools

We naturally want to move onto something bigger, We both want to work in the CryptoCurrency sector and we believe this is a good step.

So how does it work?

We are looking to use a trusted escrow for all funds - we understand as a newbie account we will not be trusted, Even when we are trusted, Your funds will always go via a VERY TRUSTED Escrow

1) You deposit your funds directly to trusted escrow
2) We allow funds to build up until we have enough to pay for hosting + some mining equipment
3) We do the work - We find the host - We Buy the equipment - We manage the equipment (Escrow Pays for this with funds)
4) We make Payouts based on how many shares you bought when you invested. Minus a fee to be determined for our work.

What we are aiming for

We are aiming for an easy mining solution where the investor does not have to host their own equipment or pay for their own electricity costs, Using a standard low-cost electricity host that you would not be able to get rates for if you only had a couple of miners benefits everyone. You wouldn't have to invest the whole amount for a good profitable miner but can still reap the rewards of mining with one.

We aim to be the best, most reliable and most profitable mining investment backed by trusted escrows to keep your money safe.

Points for discussion

1) Would you be happy investing given that trusted escrows are involved?
2) Who should be the escrow?
3) Who should be the main suppliers of ASIC equipment?
4) What Mining ASIC should we aim for - Start buying AntMiner S4+? or aim for something bigger?
5) Who should we host our mining equipment with?
6) Payment Structure - We plan to pay weekly, How you would like to be paid?
7) Obviously During The Start-up Phase there will be a delay in investment to getting paid for the first time - we plan to correct this. What would be the best way?

Thank you for reading, We hope this can become a huge and successful mining operation where we can all benefit.
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