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Author Topic: New way of mining(Looking for partner/investors)  (Read 1213 times)
starsoccer9 (OP)
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December 27, 2012, 02:01:11 AM
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Hi, so with the recent splitting of the reward mining is slowly becoming less profitable. Then with Asics coming out soon people who mine on computers are gonna be making nearly nothing. So I  thought about it for a while and realized another way that one could make money in a pool. The basic idea is to offer distributed computing to users and companies. You could rent out a portion of the grid or the whole thing. Then when no work is avalible for your computer it will revert to mining until more work is avalible. Yes it isnt a totally new type of mining but it could increase the profit of gpu/cpu miners.

Right Now I have talked to a few people about the idea but it is quite costly to program the whole the thing and the site, and not knowing how to program my only option is to really hire someone to make it well. If your interested in helping and becoming a partner or investing feel free to PM me.
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Stephen Gornick
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December 27, 2012, 03:25:06 AM
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The basic idea is to offer distributed computing to users and companies. You could rent out a portion of the grid or the whole thing. Then when no work is avalible for your computer it will revert to mining until more work is avalible.

From another thread:

We are in the business of building a a world-wide distributed computing service.  While today, you can earn money from mining Bitcoins, we want to be able to bring you other scientific computing jobs that will pay as much or higher than the rate of Bitcoin mining.

So, if you’ll help us build out our network, we’ll commit to providing you with profitable work for your idle GPU cycles.

and

1) CoinLab obtained $500k in seed funding in Seattle.

Unichange.me

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