UPDATE : I just edited some of the wording on the prospectus.
Introduction
HOSTED-MINING was created between one US and Canadian company to offer the very first GUARANTEE revenue-share HASHING date of no later than August 30th, 2013 for investors with an easily accessible investment vehicle without the large upfront cost of actually buying the hardware, monitoring and paying for electricity.
There are 3 Phases for Rollout of a minimum 10 terahash by no later than August 30th, 2013 with a GUARANTEE of additional terahash if the rollout is not met by this date to compensate for the difference of hashrate for days missed. The more shares that are sold, the more terahash we can obtain for everyone.
1.) PHASE I - Initial Offering
Initially, we will release 250,000 shares out of 500,000. They will be price at 0.28 per share.
If the equivelent of 5,000 btc worth of shares or more are sold, we will go ahead and sign the contract. We will then start hashing by no later than Aug. 30, 2013.
If all 250,000 shares are sold, we will be working towards obtaining the additional 80+TH and to prepare for phase II.
Starting from no later than Aug. 30, 2013, 100% of the mining revenue will be delivered as dividend to these 250,000 shares.
END OF PHASE I - HASHRATE: 10TH + funds for additional 80+TH
2.) PHASE II - Second Batch Offering
This phase won't start until we have obtained at least the additional 80TH. The expected time for this to happen is around Sept/Oct 2013. Upon reaching this point, the rest of the 250,000 shares will be release to the market.
Before offering batch 2 shares, we will have an announcement notifying all shareholders of the upcoming release.
The details for the funding raised for this will come out together with the phase III plan, and definitely before announcing the release.
The batch two offering share price will scale with the hashrate we obtained at that point of time.
We will not retain any mining revenue until our company has doubled our phase II hashrate. i.e. 100% mining revenue will still be delivered as dividend to all 500,000 shares in phase II.
END OF PHASE II - HASHRATE: 90+TH + funds for future growth. (The details for the growth plan will follow in the next few weeks)
3.) PHASE III - Reinvestment Phase
This phase starts when we reach 180TH. After this threshold, 50% percent of the mining revenue might be retained as growth fund.
The details for this phase will follow in the next few weeks.
END OF PHASE III - HASHRATE: 1000+ TH
These figures are estimates only. Once we achieve the 10 terahash minimum the specific amounts needed for operational goals will be released.
HOSTED-MINING will begin mining no later than August 30th, 2013 with a minimum of 10 terahash if enough shares are sold to purchase the miniumum 10 terahash.
We are currently in negotiations with
http://alydian.co backed by no other than CoinLab.com.
For every 9 (nine) shares of HOSTED-MINING sold, 1 (one) share will be paid to both Hostedmining, LLC and appA2z.com management as a founder's stake. Please note this is the only compensation we will receive and all operating expenses will be deducted from the dividends paid on these shares.
Please review the following estimation calculator at
http://www.coinish.com/calc/ for investment due diligence.
We undertake no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to reflect the occurrence of unanticipated events.
Although the Company believes that the forward-looking statements are accurate, there can be no assurance that any forward-looking statement will prove to be accurate.
If the regulators in your region require AML/KYC procedures for certain transactions, you will be asked to provide them at anytime per our request. Any US customers will be required to sign a due dilligence statement.
Executive Summary
HOSTED-MINING is a new revenue share organization founded by two companies to enable a reinvestment strategy that will enable a solid return within the first 12 months of operation.
Joe already has an Alternate Coin hosting company in successful operation and has been building custom computer solutions for years. He has founded and ran 3 successful companys over the years and has a strong technical background.
Shawn is the uber alt-coin enthusiast that monitors market trends and solid investment strategies for the future.
Business Description
Hosted-Mining is dedicated to bringing ASIC technology to bitcoin mining at a rapid and predictable rate. We have a set launch date with a strong commitment to rapid growth. Bringing terahash online and generating revenue into your wallet within days.
Hosted-Mining will stay on the cutting edge of bitcoin mining technology with an aggressive re-investment program. Our goal is to upgrade a Tier 3 datacenter in central Washington State with in 12 months to facilitate further expansion. We believe strongly in using renewable energy sources and being responsible to the environment. These ethics are the foundation of our long term goals and business model.
Definition of the Market
We estimate that the total network at the end of 2013 with be roughly 2000-3000 tera hash.
Our goal is to NEVER go above the 51% threshold and sustain a return on investment to all those who join us in this exciting endeavor.
Upon launch if we acquire 10 terahash, Hosted-Mining will have aproximitely 2.5% of the total hash of the network. With the long term deployment plans of Phase 2 and Phase 3, ect..., Hosted-Mining will operate a minimum of 1% of the total network hashrate to insure long term profits and market stability.
We believe in core value's such as Integrity, Trust and Responsibility to the Enviroment and Community and plan to actively promote awareness of Crypto-currencies.
Products and Services
CHIPS:
They are 65nm chips, and draw 3.5W/GH.
"Chips are aggregated into boards with 256 chips per board, and up to 8 boards per 'chassis'."
GUARANTEE
Hashing minimum of 10 terahash if sales of shares and negotiations with
http://alydian.co are successful with rollout date of August 30th, 2013.
Please note that if the initial threshold of 5000 BTC is not reached, you will be refunded your shares minus the in and out charge from BTCT.co
Pictures will be posted to the forum.
Organization and Management
Joe and Shawn will respond to all questions and queries on an individual basis.
If queries become overwhelming, an FAQ with the top-ten questions and answers will be posted via the blog.
Marketing Strategy
FaceBook
Google ads
Forums
Twitter
Word-of-Mouth.
There is not other better way than telling your friends and family via email, twitter and facebook about a great investment vehicle.
Financial Management
A spreadsheet will be built and shared via Google Docs for all detailed revenue sharing.
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Please stop quoting out of context and take the time to read through it again. Then feel free to post your constructive criticism.
Thank you
