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UPDATE: 8.29 05:28 Trading is closed and the buyback is complete. Thank you everyone for your support. We are sorry we were not able to make this happen. HOSTED-MINING Hi all,
We just had an executive meeting. Our CFO shared some numbers with me through his calculation.
Since Alydian's hashpower is priced in USD, the number of coins we need to complete the purchase decreases as the price of Bitcoin goes up.
With the current Bitcoin price @ BitStamp, which is the exchange we are following, the number of coins needed has been reduced down to 3,800-3,900 Bitcoins (around 13,500 shares). (Figures will be available in a spreadsheet to public once the contract is signed.)
This means we can get the deal @ around 0.38btc/GH.
If the current price trend bitcoin persists, which should be expected as the difficulty skyrockets, by the time we get this deal, we are expecting an even better price @ 0.35-0.37btc/GH for 10TH available immediately.
PS: Any extra coins raised through IPO after purchasing will be given to the initial investor as dividend through first-week dividend payout or kept as growth fund, depending on the interest of the majority.
Cheers,
Hosted-Mining
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. |
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Hello everyone.
I am seeking a 10k loan for Hostedmining.com. I can pay back 1k a month for 12 months. Where I have the farm now just can not deal with the heat properly. I need to lease a larger space and just dont have the capital right now to do what needs to be done.
I would like the rate to be locked at what I stated above. Basically a 20% loan for 12 months.
Let me know what you think.
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I have ten(10) gently used 7950s for sale. They are the PowerColor AX7950 Boost State models. Price is $209.99us. I have them listed on my products page at www.hostedmining.com. I am accepting btc and ltc or you can do the usual fiat purchasing thru my site. Shipping is included for the Continental US. I can ship overseas but you will have to pick up the extra costs.
SOLDThanks! zif33rs Hostedmining |
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Hello all I am offering a .5 btc or ltc equivalent bounty for a custom rendered "re-drawing" of the image below. I would like to be able to copyright it for Hostedmining so it has to be original art. Depending on the quality of the image the reward could be alot higher. Post images below and and the end of the week(6.15.13) I will choose the winner. If you want your image to remain private until I pick the winner email it to zif@hostedmining.comThanks!  |
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Another FR at Seals With Clubs. Tournament starts this Friday(7.12) at 7pm pacific time.  zif |
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Nasa purchased a 512 qubit D-Wave 2 quantum computer for $15 million. http://www.bbc.co.uk/news/science-environment-22554494"D-Wave Systems has been focused on building machines that exploit a technique called quantum annealing - a way of distilling the optimal mathematical solutions from all the possibilities." Apparently they work and are here to stay. I think inside 15 years this could be a real issue to sha-256 encryption. I have done some research into this and while at this time I dont feel this poises a threat, in the near future with optimizations and advances I think it very well could. I am pretty confident that Moore's Law will hold true with these quantum machines as it has with x86. Anyone care to enlighten me further? |
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UPDATE: 9/4/2013 08:52 Hostedmining is Moving! I am pleased to announce that I have acquired a new hosting facility. I will have the move completed by this coming weekend. This move is being made in conjunction with the release of a Revenue Share on LTC-GLOBAL. This investment opportunity is to expand the existing Hostedmining scrypt farm from 40 MH to over 100 MH. Check it out here. https://www.litecoinglobal.com/security/HOSTED-MININGThanks everyone for your support and patience. Enjoy and let me know what you think. Photos and more updates to follow through out the week.  zif You can always reach me at zif@hostedmining.com or zif33rs@hotmail.com or call toll free 1-888-872-6424 Mon-Fri 10am to 4pm pacific Hello all  DO YOU WANT TO MINE BITCOIN BUT LACK THE TECHNICAL SKILLS? Do you have an existing mining operation but have maxed out your space or wattage? HostedMining.com offers a unique approach to get anybody started in Bitcoin mining regardless of technical skill or lack of space. We have turn key solutions ranging from full rig build out, hosting, maintenance, troubleshooting, and providing hosting space to simply building and shipping a custom rig to your home or business. The options we provide are cost effective, easy to use, and will get you up and running in a matter of days. Getting started is easy! Just follow the simple steps outlined on the website and you will be quickly on your way to loading your wallet with profits from Bitcoin mining. I am proud to announce the launch of www.hostedmining.com. I am currently working with 2 customers and hope to have more soon! You can see pics and video in the gallery. This all started from a thread here at bitcointalk.org. https://bitcointalk.org/index.php?topic=179363.0 I would like to thank mr-sk for being my first customer. Thank you! I will be posting on my blog and here to keep you up to date. zif  |
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Just wondering if anyone else out there was showing respect to our Mother. I just shut down my farm for 1 hour. Going out for a walk in the park.
Peace
zif
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Ok..everyone has predictions of what the value of what bitcoin will be worth today, tomorrow and a year from now. I am not about to try and say where I think we all know we are going, but it really struck home when I noticed that $1 = 730,000 satoshi's today.
Think about that for a moment...
It just strikes me that there indeed might be a day when $1 = 10,000 satoshi's...or less. Its not that far of a leap from here.
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Have a coupon from buying another 7950. AMD never settle promo Crysis 3 and Bioshock Infinite. Willing to do what ever, escrow...please post offers in BTC. Let me know what you think is a fair price. Post or PM offers. Edit: Sold for .33BTC Thanks zif  |
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So...I have been trying to look at bitcoin from all angles to see how market share could be increased. This is one idea I came up with.
One of the biggest gateways into bitcoin is gambling IMO. There is a huge untapped market of people who would love to gamble online. With new casinos and gambling sites popping up it seems this niche is getting filled.
If we take this one step further though...what if we could get a brick and mortar casino to take bitcoin?
So this is where the seed of my idea starts. Well over half the casinos are on Native American Reservations. If you could get a Tribe to accept bitcoin at a physical casino it would be huge I think. Just the novelty and new coverage would bring increased revenue.
If you could convince a tribal member somewhere that bitcoin is a solid investment I think it could open many doors. I am from Washington State..there are quite a few casino's around that I would love to pitch this idea to.
The fact that each Reservation is a sovereign state is a key factor. The way I understand it tribal laws take precedence.
So..help me take this half-baked idea and make it into something workable. Thoughts?
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Hello all,
I am newer to bitcoin but would like to start networking with others of like interest in the Seattle area. I just started mining recently and I love it. The whole concept behind bitcoin is very appealing to me. I plan on investing heavily(for my income :p) into hardware over the next 6 months to a year as ASIC's become available. I would like to explore business ideas that could be brought to the Seattle area. Anyways...open to pretty much anything.
thanks
zif
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Hello all.
I have a HUGE collection of books and a smaller collection of comics that I would like to sell/trade for btc. I am in the process of cataloging it all. Anyone interested?
The books are mostly scifi and fantasy from the 80's till now. Lots of hardbacks....nothing really rare but all good readers. The comics are pretty much the same..nothing extremely valuable. mostly 80's and 90's stuff. I do have some older stuff too but they are not in great shape.
Will send photo's to anyone interested.
Thanks
zif
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Just wanted to say thanks to BTCJam for the rep loans. 1st loan paid..will close 2nd and 3rd loans today.
Thanks
zif
EDIT: loans 2 and 3 re-payed.
p.s. BTCJam needs a "withdraw all" button for the mathematically challanged....
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Hello, I am looking for a loan. However I have a problem...I am new. So from what I have read over the past week or so with my dive into bitcoins is that I need to "establish" my reputation. Ok, so started that..applied at BTCJam for a 1btc loan. I hope I filled out the application right.
Anyway I digress. I have roughly $300 a month of "free" spending money. This is what I am left with after paying all bills, not a huge investment portfolio I know. But its what I can afford to "lose", "throw away" or otherwise do what I wish with. So last month was a new video card...7950(great card for the money btw, $279 +2 free games from the egg)...well..bam...discovered bitcoin and now it's chugging away at 620+ mh\s and my little pile of dust is growing towards a full satoshi pretty darn quick. So come the 1st what do I do? Order another GPU miner? No..the game is changing right when I get into it. ASIC's have come and I want to get on board asap.
What I want now is an Avalon. Im not sure when they will be accepting pre-orders for batch#3 again but when they do I want one. So that means at todays prices I need roughly 32.89btc + whatever fee's are involved.
Can I save up that $300 a month and in 5 months just buy one..yes. In 5 months the profits will have declined and the difficulty will have gone up. I know this..but I am in it for the long haul. I am excited about the future of digital currency. I think that in the next 3 years before the next halving there is going to be a good roi for a 66 gh\s miner.
So my options are this.
1. Save the extra income and just buy the necessary btc when I have enough and orders for asics are available.
2. buy another 7950 and be happy with 1200+ mh\s for now.
or
3. Ask for a loan for around 33-35 btc..and wait for orders for asics to be available so I can enter the market asap.
The 3rd option is very appealing to me. This is a considerable amount of money though so to get a loan might prove difficult. I dont have the greatest "normal" credit rating so getting a bank loan or using a credit card is not an option. I have a stable fixed income..I am disabled. I can provide all the documentation from bank statements to bills, gov"t issued ID..all that crap. I just have to find someone to make this happen.
So I am throwing this out here. This is a completely legit request..if you are in a position to loan me enough btc to buy an Avalon batch #3 when they become available please PM and I will provide you with what ever info you need to assure yourself that I am for real and will pay back the loan in a timely manner.
What I am looking for is a loan of say 33-35btc for 12 months at 10%? 12 payments of whatever the terms are payed on the 1st of the month. I ask for a 12 month loan so the payments are comfortable. A 6 month term is possible to and likely once mining begins with the asic. But thats on the if come. I would prefer to deal with what I know i can repay with existing income. The terms of what ever the loan are would be negotiable to make the lender happy. This loan would only need to go into effect when Avalon opens orders for the next units.
Please..before the flames...understand that I am new and am not sure about the protocol for doing this sort of thing. If nothing else maybe I can be pointed in the right direction to make this dream a reality sooner rather than later.
Thanks
zif
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Hello...I have just started to mine and seem to be well on my way. I have set up my bitcoin wallet and have guiminer running at 540 Mhash\s. I joined Slush's pool and you can add a namecoin wallet...this is where my problem starts. I downloaded and installed namecoind to set up my wallet..windows 8(ya..im a newb) does not seem to like it..but running it in compatibility mode for win 7 seems to work. anyway...after extracting..setting up the config file and root folder I ran it and then opened cmd prompt, went to the directory and did getinfo. C:\Namecoin>namecoind getinfo error: You must set rpcpassword=<password> in the configuration file: C:/Users/***edit***/AppData/Roaming/Namecoin/bitcoin.conf If the file does not exist, create it with owner-readable-only file permissions. I have tried every password I can think of in the config file...where am I going wrong? what should these value's be? rpcuser=? rpcpassword=? my login and pw for my worker? just a random name and pw? Any value's I have tried dont seem to work and generate that error above. any advice will be greatly appreciated. Thanks zif |
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