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Author Topic: My investment Plan--need investors  (Read 1467 times)
Killarshark33
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June 06, 2011, 03:32:45 AM
 #1

Before I start I know this is project development so if it should be moved can someone please tell me, I though this is a project that needs to be developed Smiley

Hello, I know I am brand new to this forum and probably should have built up some reputation before I did this.  But all that aside I need investors, people who want to jump on the bandwagon of bitcoins but do not know enough about computers to be a miner.  I will be making a server for mining and for every block I mine this is how it splits up:  

There are 50 coins in one Block
the investors will get 60-70% of all of the money made--the more investors I have the more you get of the profit.
I get the other 30-40% and this covers all of the equipment repairs power ect.  
Payment will be every time i get a block.
You will have the ability to go on a website called ustream to view the computer live to see how the mining is going.

What I need:
Well to start mining I need about 800$ I have currently 100$ so I need 700 more.
If you invest the remaining 700 I will let you have the 1st 2 blocks which are worth about 700 each i think.
If you invest at least 500$ then you get 1.5 blocks.
If you invest at least 300$ then you get 1 block.
If you invest at least 100$ then you get .5 blocks (25 coins)
If you invest any less than that you get the 60-70% of the investors earnings divided by the number of investors so if there is 1 block to split between 10 investors then you would get 3-4 coins per block.
For every coin I make from my part of this at least 70% of that will got to equipment upgrades.
the other 30% of my profits will go to power and about 10% of the profit I make after I take your share out goes in my pocket.  
Thank you for reading this and if you have any questions please ask!

Ways to invest:
Bitcoins- I will sell these and then buy equipment and I will upload picture proof of me receiving the equipment.
Paypal- I have to make a new paypal but I will do that when I finish changing banks this week.
If you want to buy the equipment and send it to my address.

This is what I will be purchasing:
Chassis                                       IPC-4370S 4U              
Power Supply                               Antec CP-1000 1000W,  
Motherboard                               MSI 890FXA-GD70    
CPU                                               AMD Sempron 140      
Memory                                       2GB DDR3                      
Graphics card                               Radeon HD 5970   
Storage                                       Kingston 30GB SSD      

This will give us about 750-800 mhash/s and I will upgrade the video cards as i get more money.
What makes me better than most investment plans?  I will not allow any more investors in when we get the 700$ in investments, so the more you invest the more you mak in the long run.

How long will this last?
It will last at least until all of the investors have been paid off AND they have made 3 to 5 times their investment (just depends how many investors we have)  
If you want to be in this for the long run then I will do that but you will get less per block made like 30-40 percent.
If you want to make the short term profit with long term investment then I will require you to pay a yearly fee for server upgrades it will only be like 100 dollars or something like that.

Concerned?
You can pay me however you like and if you have worries of me scamming you well I can sit here and tell you I will not all day but really it is your decision and I hope that someone will invest. Smiley
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matt.collier
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June 06, 2011, 04:03:02 AM
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Hello, and welcome.

You might want to take a look at this and compare with your proposal:  http://www.bitcoinrigs.com/

Killarshark33
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June 06, 2011, 04:15:37 AM
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I would say I compare as this is a one time fee and that is a recurring fee.
Killarshark33
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June 06, 2011, 07:41:10 PM
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Anyone interested? Smiley
josell
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June 10, 2011, 12:33:56 AM
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Im interested, but I only have 1.12 BTC (30$) and its not enough. Id like a warranty as well.
markietalkie
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June 10, 2011, 07:16:45 PM
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I could and would pay 700 USD IF I'm getting what I signed up for.

Q:How do I know you won't run away with my money? You can run away risk free. You have nothing to lose. You'll have to do some legal backing if you want to trust me.

Q:So what exactly am I getting out of this deal, if I'm the only financer?

Q:
>the more investors I have the more you get of the profit.
 but more investors there are, smaller cut of pie I get. I don't think you're thinking it thorough.

Q:
>If you want to make the short term profit with long term investment then I will require you to pay a yearly fee for server upgrades it will only be like 100 dollars or something like that.
whatever payments we'll have, I need much precise description. and legal backing.

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