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Author Topic: [BTCJam] Partial Consolidation and Mining Expansion  (Read 912 times)
tvle83 (OP)
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December 08, 2014, 09:01:47 PM
 #1

https://btcjam.com/listings/29737-expand-mining-and-partial-consolidation - link to my listing.

I just wanted to get more exposure on my loan listing. Because my APR is set to below the ridiculous recommended amount of about 45% I don't get a lot of exposure through their search feature.

https://btcjam.com/users/50682 - My profile. I have an A Rating

Purpose:

I would like to use this loan to pay off my one of my other loans immediately and expand my mining power even more.

I would like to eventually get up to 200 primes in the near future, but this loan won't accomplish that, of course. I can buy maybe 5 more primes with this loan to help towards that goal, though.

I would also like to purchase 3000 more shares at LTCGear which would bring my total up to 10600 paying approximately $498/week.

2.07696318 is owed on one of my loans. (https://btcjam.com/listings/26678-cloud-mining-shares)

5 Primes costs about $260 (at current prices on Dec 7) or 0.69141581BTC

3000 LTCGear shares costs about $774 or 2.19923412BTC

Rounding up because of fees and a little buffer 2.1 + .7 + 2.2 = 5BTC

The extra 0.5BTC is for a little added buffer and maybe a couple more primes.

Mining Power:

GAW Mining

222 Zen (mining HashPoints)
1175 Genesis
159 Primes (Mining HP and Double Dipping to HP)
7 Clever
5 Waffle
45 Multi

GAW Mining pays about 8700HP and $2-3 per day. The HP are hash points which will be used to purchase PayCoin at a discounted rate of 400HP. I currently have over 266,000HP which is worth 667XPY (PayCoin) valued at $13,000 on the first day of the public ICO when each coin is worth $20. There is a fiat reserve of over $100million that will keep the value stable at $20 minimum.

Proof of GAW Mining HashPoints ( few days old, so I have more than that now )
https://i.imgur.com/iRga0XW.png

Proof of  Primes ( few days old, so I have more than that now )
https://i.imgur.com/bNnEbEu.png

Proof of Solo Miners ( few days old, so I have more than that now )
https://i.imgur.com/9ko3POo.png

LTC Gear

7600 Shares
https://i.imgur.com/wVRSqrc.png

LTCGear Calc Approx Payout for 7600 Shares
https://i.imgur.com/K6SzK68.png

Pays Approximately $347/week according to www.ltcgearcalc.com. Granted this payouit has been going down per week because of the LTC Network difficulty. The last adjustement actually lowered the difficulty so there might be a turn around pretty soon. Also on Dec 24th there is another multiplication of shares meaning LTCGear is giving away a % of shares for free to all customers. The last multiplication was 25% at the time I had 2610 shares and after the multiplication I had about 3252 or so. I received over 600 shares for free.

Hashie.co

260GH - 100% reinvesting except for the 10GH free.
https://i.imgur.com/6sq7iMO.png

Genesis-Mining

10MH pointed at LTC
https://i.imgur.com/tICye75.png

BitCoinCloudServices

300GH
https://i.imgur.com/HTXOdgo.png

HashProfit

20KH
https://i.imgur.com/WvLmuhe.png

Thank you for your time and consideration.
Magic8Ball
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December 08, 2014, 09:15:53 PM
 #2

You are putting up the Zenminer and LTCgear accounts as collateral?
RiverBoatBTC
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December 08, 2014, 11:06:13 PM
 #3

Are you shitting me? Have you not been following Gawesome?

About a 75% Chance that it is a ponzi, and you are trying to find a way to offload this crap on someone else

https://bitcointalk.org/index.php?topic=857670.0;topicseen

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