New Mining Farm Start up - Viscerion Mining Co.

[nwyota]

Good Evening All, I originally posted this in the services forum; however I think this is more of a Group Buy based on feedback.

I have started a small Bitcoin Mining company, with large potential. The main reason why I'm putting this together, is as a kickstarter for my custom computer and scrypt miner company, Viscerion Computing. 

I already have several interested investors (totaling roughly $30,000 in vested funds) to purchase mining equipment, or a short term high yield contract pending total investor input.

I have a contract already settled with a well known datacenter to start a 6 month 100 TH/s contract, but that is only if we raise a capital of $250,000 USD prior to the start of the contract in June.  This contract has the potential earnings of $200,000 - $230,000 per month at current difficulty, with return on initial investment in little over 1 month.

The second option, pending funds; would be to outright purchase and set up a small datacenter cage with purchased mining equipment from the investors.  The benefit of this option would be for the actual equipment.  From the same initial investment of $250,000, we could purchase upwards of 75-100 TH/s of equipment, and be able to run the equipment as long as we want.  The downside, is the additional cost of hosting, warehouse rental, internet connection, cooling, insurance and security.

What I am proposing (pending on how quickly we can get funding) would to have a vote on the option of a short term high yield return, or to have the long term contract with higher monthly costs and slightly lower returns.  Investors have 80% of return of mining per month of either contract or equipment mining yields.

With investors in mind, you can expect your ROI within 2 months and everything else is pure profit.  You supply the funding, we supply the equipment, hosting, management and disbursement of funds! 

If you're interested to learn more of our business plan, model or ideas; look out for our Kickstarter that should be up and running in 2 weeks or less!

If you would like to be a part of our mining initiative, feel free to donate BTC to the following address we have set up for this plan to secure your spot and percentage of BTC yielded when the plan starts:

1FafBvMUvnV4isVydhkKAujWo5xpekgthn

At minimum, I plan to start a 10 TH/S farm and I will host it locally.  If we get to the scale that I anticipate, I will set up hosting at a local datacenter here in Washington.

I am more than happy to reply to any posts with questions or ideas to make this better!

Thank you for taking the time to read, and I look forward to seeing this to fruition!

[zulover]

Hi, nice plan hope you do achieve your plans . What equipment areyou planning on purchasing and what kind of discount are you getting to achieve this roi in a month, because at the momemnt there is no hardware that will allow that even if you offer to purchase 200k worth of hardware they dont give much of a discount, and ultimately thats where the crux of the matter is price and delivery time too achieve a decent roi and then profit.

[nwyota]

Thanks for the feedback!

If we were to go the self hosted route, I was going to work with the Dragon Miner group here on Bitcointalk.  They have the most cost effective 1 TH/s miner available that is legitimate currently, though I know some logistic issues could and probably would arise with such a volume of miners.  Hence why I had suggested the original plan for a short term hosted contract originally.

[nwyota]

I wanted to note for those who are interested in what your investment will give you access to in the farm.

It equates to roughly 1 TH/s of processing per $3500, or 100 GH/s for $350 in BTC.

Please let me know if you have any questions.

[LDR]

Proof or it didn't happen. You can't just say that you already raised 30k and guarantee a profit in 2 months, while having no actual hardware plans, charging a 20% fee, and without trust on here. I don't mean to be mean but this is either a poorly executed scam or you are completely clueless.

The Dragon 1t will be obsolete by your planned started time of June, any seasoned bitcoin miner would know this. Just look at CEX.io, currently its FHM (Future Hash MAY) is trading at 0.0041 or $2 per GH/S. This is with 0% mining fees and only a tiny (less than 1%) maintenance fee. And CEX GHS is typically much more (30-40%) expensive than the rest of the market.

Why should we invest 200K in your crazy 20% fee on overpriced GH/S when you clearly haven't thought this through. If you really did already raise 30K, I already feel bad for the investors.

[patriks]

Agreed with LDR.

Sorry but this smells of SCAM unless more MUCH more information is stated.  Proof or gtfo.

[aurel57]

Agreed with LDR.

Sorry but this smells of SCAM unless more MUCH more information is stated.  Proof or gtfo.

I agree as well. A newbie with a short story about his plans with very little detail and asking for funds.

[newguy05]

to start a 6 month 100 TH/s contract, but that is only if we raise a capital of $250,000 USD prior to the start of the contract in June.

In the off chance this is not an outright scam.  Your cost is $250k / $450 = 555BTC  for 100 TH for 6 months duration.  That is 0.0055BTC per 1GH for 6 months of mining starting in june.

cex.io has end of may contract at 0.004BTC per 1GH,  with significantly less risk in term of hardware setup, maintenance, and outright scam, not to mention it is lifetime not 6 months.

So this looks to be dead on arrival, unless you are just buying cex.io fhm and resell it here. Unfortunately noone here is that dumb, try ebay you may find a few sheep to swindle.

[nwyota]

This first and foremost is not a scam.  Certainly some of the data we have provided will change as the market changes as well.  If you read my first post, I am more than welcome to ideas on improving the plan.  I am also open to suggestions and offers of other hardware that may be more viable for the initial investment.

So thank you for posting "SCAM" and "Proof or it didn't happen" for the rest of the trolls.  My current investor has the funding and has agreed to terms that are private to this forum.  I respect his privacy and will not be posting bank statements or otherwise to show proof to the troll.

I know many of you may have been burned by scammers at one point or another, as have I from past experience.  The one thing I do have is a knack for business. 

So, those of you who are being productive in this thread -- thank you.  Your ideas and thoughts will improve on the business plan and ultimately bring it to fruition.

I will be updating this thread as more details come about and we secure a better hosting deal.  As of right now, from current evaluation our initial quote given for 100 TH/s hosting rental is high and we will be negotiating a better deal.

[iglasses]

Oh good...another smart ass with diarrhea of the mouth who wants to collect tens of thousands of dollars from people with nothing more than the ability to create an account on a free forum known to be riddled with thieves.

Honestly this one is pretty transparent guys...if you don't realize that any money or BTC you give to this asshole will never be seen or heard from again then you are lying to yourself almost as much as he is!

 

[nwyota]

And yet this is coming from someone who is a known scammer and reported by a multitude of people.  IMHO, it seems as if the scammers want to push any legitimate people out of the forum so they can go back to business. 

I'm perfectly fine receiving backing on Kickstarter instead of here and I will be posting the link to the page once it is live. For those who have contacted me with interest, thank you and you're more than welcome to donate on Kickstarter when we are live.  We will be offering your choice of a return in BTC / LTC / other crypto of your choice for your Kickstarter support, or a custom lanbox PC made by yours truly -- for the higher donations.  And the box that we're going to be offering will be both a kickass gaming pc as well as a decent scrypt miner; just in case cryptocurrency doesn't survive.

Just to give you a hint of whats to come.. for the Kickstarter $1000 donation, the lan box will have roughly a 700+ Kh/s scrypt hash rate, $1500 donation will get you roughly 2 MH/s scrypt hash rate, etc.

Again, thank you to those who are interested and I look forward to seeing your support on Kickstarter.  To those who are here to bash someone with a legitimate business, go back to your hole and everyone else stay safe on the forum.