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Author Topic: Bitcoin mining for everyone without the worry.  (Read 1178 times)
pagan999 (OP)
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June 21, 2013, 04:29:12 AM
 #1

http://bitcoinminersunion.com/home.html


BitcoinMinersUnion

Q:What is a managed bitmining claim exactly?
A managed mining claim is a small piece of a large, professionally maintained bitmining operation. Bitmining is a complicated process that is most commonly viewed through the lens of difficulty rate. Difficulty rate being in direct proportion to the amount of competition there is in the mining network at any given time. There will, no doubt, someday be some long, passionate and well informed essays written on the “poetry” of Satoshi's difficulty rate, but to most people it's still quite a mystery.
Today,difficulty is easiest to understand when we break it down in terms that we are familiar with. For us those terms are simply supply and demand. Supply is the total number of hashes on the network at any given time. Demand represents the total work to be done at any given time. Work is both the generation of new blocks and the processing of transactions for the network. Since we can't increase the total amount of new coins being introduced, the coming ASICs storm has many concerned. Many worry that either they bought too soon, didn't buy soon enough, bought too little to compete, paid too much for inferior equipment, or just plain couldn't afford the inflated prices,everyone has something to worry about these days. What if there was an alternative to ALL of this?
The Philosophical Thought
I think something can be done in a very zen way by the miner to help not to just lessen his step or even neutralize his impact, but to actually net a positive effect on the network as a whole by being part of it.
The Idea:
The idea is to create a large network of small miners that take several small pay-outs daily. Each one of these pay-outs creates a transaction. Miners are in the business of processing transactions.The logic is easy to follow, large network means faster blocks and more frequent payouts. More members means more transactions created in pay-outs alone. More members means more people with btc to spend and more opportunities to transact in the BTC markets.
Noble idea right? I thought so. But it was a whole lot easier dreaming that idea up, than it was to actually find a way to implement it. If you have found your way here, you are probably already aware of all the scams that are out there. From seemingly reputable companies to snake oil salesman selling dreams on pre-order, a person has to be real careful where they put their money these days. And though I won't describe here my journey through the back alley markets where ASICsare currently being sold, I will say that it was, in all, a colorful and thankfully painless education on the dark side of BTC scams. Some of these scams haven't yet been realized by many and will be painful when they are. It's because of this that we want to take a minute to talk about our choice for all things in this endeavor,

KnCMiners;
For anyone who is unfamiliar with them I would highly encourage you to look at them more closely. Unlike the scam companies out there selling unobtainable dreams with the tech background of a graphic artist, These guys know their stuff!!! They are truly leaders in over 30 different ASICs conversions. The members of the team have all posted up links to their LinkedIn pages and they are, without exception, the best in the business. ORSoC are the industry standard for System-On a-Chip design. They also own and maintain the OpenCores community with over 185K members. Please, take some time to look them up and check them out. The work they do is not only very impressive,but it is also easily verifiable. Besides, they deserve recognition for all they have achieved. Not to mention how relieved you will feel after months of sweating out issues with other companies. To see that there is at least one company out there with, not only, the ideas but also the people, tools and resources to put it all together and make it work can cause a great relief. I know that for me, it was a ,”this can't be real. What's the catch?” moment.
What's even harder to believe, is that it gets even better. Not only do they build the best bitminers in the business but they will be backing them up with the best support in the business. Our network will be built, hosted and maintained in the SAFEST possible place and guarded by the most knowledgeable people on the planet for their particular design; the people who designed and built them. With these guys watching our network, I am very confident that all we have to do is enter our info, pay our money and set back, relax and collect.Everything else is under control.

WHEN WILL THIS GO LIVE AND WHAT ARE THE TERMS?
The network is scheduled to launch promptly at 0:00 UTC on Oct 1, 2013.
Claims are good for exactly 1 year.
All claims being sold here will be included in this launch.
I guarantee that the network will launch within 30 days of this time or I will issue full refunds. No excuses!!

So what do I get with you that makes this different from mining on my own?
A) The best possible environment for your miner to work in. The carefully controlled data center environment will ensure maximum performance from your claim
B) No equipment to buy.
C) 24/7 Live, On-site tech support ensuring that you are always making money.
95% network up/time over the course of your claim
D) No shipping to wait for.
E) No increase in electricity

In short: NO WORRIES!!!!
simply pay and collect.

FAQ's

HOW BIG WILL THE NETWORK BE?
The networks was originally designed with a top number.This was based on what investors had to put down to make sure it went live no matter what. However, like everything BTC this network is still a very fluid thing. If the idea works all around we see no reason to cap it with a top limit. For now though, only 1 TH/s will be sold in total. This will be the first phase of the network to go live.

Will you personally be mining too?
Yes. Not only me, but my Mom has a claim, each of my kids have small claims and several of my friends also all have claims in this first network to go live. I will be there every day, mining right beside you and them.

Can I buy more than 1 claim?
The purpose of this experiment is to create not only as many transactions as possible but also as many individual users as possible. That being said, we will not restrict anyone who wants to buy one for each of his kids of something like that. We only ask that you have a unique wallet number for each miner.

I changed my mind, can I get my money back?
Prospective buyers are encouraged to do their own research on the facts in this ad before bidding.
ALL SALES WILL BE CONSIDERED FINAL UNLESS SELLER FAILS TO PERFORM.
That being said, I don't want to twist anyone's arm here. If you have an issue, contact me. We can work it out I assure you.
empoweoqwj
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June 21, 2013, 04:37:02 AM
 #2

I'm totally confused by what you are selling. Shares in KNCMiner? Shares in you? Something else?

Is the network the KNCMiner network?

What's the 1TH/s limit for? ASICMINER are already mining at about 40x that:

http://www.asicminercharts.com/live/

and its only June, it will probably be close to 200TH/s by October.

tia for further info
pagan999 (OP)
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June 21, 2013, 05:15:32 AM
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What  am selling is claims in a network that will use KnCMiners hardware and tech-support. What ASICSMINER does is really of little concern to me. Personally I think their miners are a huge waste of money, but that's my opinion. I am selling a better claim than anything ASICSMINERS can even come close to. Mine is for people that don't want to waste money on sub-par equipment and want to see a real return on their investment without having to wait a year for ROI.
empoweoqwj
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June 21, 2013, 05:38:14 AM
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I'm sorry dude. ASICMINER are currently producing 30%+ of all bitcoins @ 50 TH/s, and the returns since launch have been excellent, both in share price and dividends.

How is that wasting money?

How do you know their equipment is sub-standard? Got any evidence to share regarding this?

What matters is hash-rate. You are promising some shares of 1 TH/s in October 2013. ASICMINER are 57.TH/s as we speak on their crappy equipment.

As ever, the market will decide which is the better offer. Good luck with yours.
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