[ANN][ICO][GND] GND Coin - Paving a way to decentralization for miners

[GNDsa]

GND SA (Pty) Ltd is pleased to announced that it has entered into an agreement to acquire 8% of Great North Data, Canada's largest hosting company.

GND SA will be funding this transaction through the issuance of an ethereum token, GNDcoin, the token is both a share of the equity in GND SA's 8% stake as well as redeemable for one kWh of hosting. Tokens will be priced at 7 cents. The tokens can be exchanged through GND SA to redeem for hosting fees at GND. The sale will begin on Thursday morning. GND currently has 7MW of capacity and is quickly growing, with plans to be over 30MW by the end of 2018. GND has access to some of the cheapest power in the world and the extremely cold climate of Labrador.

28,500,000 tokens will be issued at 7 cents each, the total amount representing 4% of GND. The second 4% will be sold sometime in the future.

As a long time client I am extremely excited at this opportunity to allow others to access the low cost hosting provided by GND as well as own a part of the largest Mining operations in Canada.
Some of you on the forums will know me as moe7865( which I will post here shortly confirming this as well).

This ICO will aid in  decentralizing mining by allowing token holders to own a part of a data center and have access to cheap electricity .

More information to follow shortly.

Please follow us on our social media pages to be kept updated

Facebook :https://www.facebook.com/GND-SA-773531866152440/
Twitter : https://twitter.com/GND_SA
Email (temporary until domain email working) : gndsaofficial@gmail.com
Website : www.gndsa.info

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[moe7865]

I can confirm I made this Post

[Weblux]

I can confirm I made this Post

please post your own link to prove it

[cok_elat]

waiting for more information about this project. ICO period, ICO price, bonuses system on the ICO and presale, etc.

[entar pasar]

you must explain this project details, and also you must make the images about the roadmap, ICO system, teams, etc. so, the thread can be more interesting.

[QuintLeo]

Sounds like a varient on the GigaWatt project.

[visionE2]

this information is too little sir. when the details information will be released??

[GNDsa]

Hi, Let's say somebody would invest 1 btc  into  GND tokens.  What's the expected power supply after ALL fees and costs? Should he install his own miners at your datacenter?

1 token will get you 1KWH. Let's say a miner takes 1kw , in a month that miner uses 720 KW. Thus it would cost 720 tokens to host this miner for a month. With the coins at 7 cents it would be the same as paying 7 cents for electricity as well as your miners taken care of by GND and serviced by them

[cok_elat]

the information inside this thread is too little sir. please update the detail information. i wanna wait it.

[Philopolymath]

here fishy fishy

come on suckers

Bite the bait

Scamming the fish to buy into a corrupt government backed CENTRALIZING HOSTING scam

[CjMapope]

Interesting! i have not been buying into ICO's lately, but this on i could actually USE the token, nice haha, might have to get some
I have watched GND build their hosting facility on here, spoken with them a few times about hosting, and with the attitude i get from speaking with them, theres no doubt this is one to watch

Being a Canadian myself, i really just need to find the time to ship my rigs down to your guys, maybe with this token sale the timing is better than ever

Good Luck!

[doftplatform]

so do you have yur own token?
How can it be mined?

[Steamtyme]

Hi, Let's say somebody would invest 1 btc  into  GND tokens.  What's the expected power supply after ALL fees and costs? Should he install his own miners at your datacenter?

1 token will get you 1KWH. Let's say a miner takes 1kw , in a month that miner uses 720 KW. Thus it would cost 720 tokens to host this miner for a month. With the coins at 7 cents it would be the same as paying 7 cents for electricity as well as your miners taken care of by GND and serviced by them

So in this scenario, it is like prepaying for .07$ electricity, as well as the servicing and care? What is the other option of buying coins and holding them? Is there the potential for a ROI/ share of profits by essentially becoming a shareholder? Thank you for the info.