[Official Thread] - The SolarWind Mining Company

[dawo5010]

Odd, no one else has been having any trouble. Are you using the forum link? http://solarwindmining.com/accountsforum/index.php

Your DNS zone contains no NS records.
This is bad

 

Works fine for me, on OpenDNS. Try switching?

[1715216131]

1715216131

[1715216131]

1715216131

[SolarWindMiningCompany]

Trying to resolve website issues, not sure what the problem is but I am researching it. Suggest changing you DNS service to OpenDNS which seems to work fine.

The company mining hash rate is now at 8.5 GH/s

[rigel]

Please, have a look at: http://www.intodns.com/solarwindmining.com

You must add these lines to DNS zone:

solarwindmining.com. IN NS ns1.2freehosting.com.
solarwindmining.com. IN NS ns2.2freehosting.com.
solarwindmining.com. IN NS ns3.2freehosting.com.
solarwindmining.com. IN NS ns4.2freehosting.com.

[SolarWindMiningCompany]

Please, have a look at: http://www.intodns.com/solarwindmining.com

You must add these lines to DNS zone:

solarwindmining.com. IN NS ns1.2freehosting.com.
solarwindmining.com. IN NS ns2.2freehosting.com.
solarwindmining.com. IN NS ns3.2freehosting.com.
solarwindmining.com. IN NS ns4.2freehosting.com.

AHH!! Found the issue. I recently made a few changes, although I thought I had taken all the steps I needed, I forgot one. Thanks Rigel, I had changed my NS settings when I made my changes (but not in the correct place), you pointed me in the right direction though.

[xTachibana]

it worked

and then it broke at least i registered this time

[mrMIGHTY]

What's the divident of 1.5 BTC bi-weekly?

I'm planning to jump on this rocket!

[SolarWindMiningCompany]

What's the divident of 1.5 BTC bi-weekly?

I'm planning to jump on this rocket!

Thanks for your interest,

 The SolarWind Mining Company believes that the investor should have the right to decide what kind of return on their investment they receive. To support this idea there are different options that the investor can make when they are considering buying SolarWind Mining Shares. First the investor must make a selection on what type of investment they wish to make, either a long term investment with a dividend or a short term investment with no dividend, then the investor can decide what kind profit they want to earn. Sense you are inquiring about the return on the amount of 1.5 BTC, I will forego an explanation of how BitShares work but instead I will discuss how Standard and Founders Contracts work.

 For each of these Share types the investor can choose a return between a given range, for a long term investment the profit range is between 5% and 100%, for the short term investment the rang is between 50% and 100%. To make a 5% return on an investment a target amount that reflects a 5% profit would be selected and for a 15% return, the appropriate target amount would reflect a 15% profit.

Example:

For a 1.5 BTC investment with a 5% return a target amount would be selected like this, 1.5 BTC x 105% or 1.575 BTC and for 15%, 1.5 BTC x 115% 1.725 BTC. For the short term investment, which has a minimum 50% ROI, we RollOver all profits until they have earned the selected target amount,  an outlay is made and the contract is complete there are no further outlays. For the long term investment, there is a dividend of 15% of profits and 85% of profits are placed in a RollOver until the total payments equal the target amount (this is done bi-weekly.) After the target amount has been reached the investor continues to earn a dividend from the general Share Pool. The dividend is based on the total number of Shares and the purchase amount for each Share. For 1.5 BTC a Founders Contract can purchased which entitles the investor to an additional dividend (even if the short term option which does not offer a dividend was selected.) The additional dividend is a portion of 25% of company profits, each portion is determined by dividing 25% of company profits by the total number of all Founders Contract positions, each Founders Contract that an investor controls receives an equal portion from the 25% profit pool. Because our Investment model is based on the idea of Rolling Over profits until a desired return is earned and not on the hash rate that the investment was used to purchase, there is noway to predict the actual amount of future dividends. The benefit to the investor is that their potential profits are not limited by a set hash rate that becomes less valuable because of the increasing difficulty level. To understand the way investment returns are structured in detail, please visit this link The SolarWind Mining Company Investment Program

I hope this addresses your question, again thanks!

[epg]

The site is throwing a CloudFlare 520 error. Was working fine yesterday.

[SolarWindMiningCompany]

Sorry for not updating sooner, I have been working on the website design and that has been taking allot of my time away from my other activities for the company.

The company hash rate is now at 9 GH/s.

The site is throwing a CloudFlare 520 error. Was working fine yesterday.

This has nothing to do with what I have been doing, the server is having issues. It seems to happen periodically, I have sent an email to the provider asking them to resolve the problems.

[Vagnavs]

The company hash rate is now at 9 GH/s.

9 GH/S. Is that in misprint? Or 9 TH/S. Nevermind, website, is all messed up

regards

[SolarWindMiningCompany]

The company hash rate is now at 9 GH/s.

9 GH/S. Is that in misprint? Or 9 TH/S. Nevermind, website, is all messed up

regards

This is only the initial start up for the companies mining operation, as more investors participate the hash rate will increase. I have access to Bitfury mining hardware and can add 10 GH/s for approximately 1.5 BTC and can have it mining in a matter of 1-2 hours after receiving the investment (maybe sooner), I can get at least 2 TH/s within this time frame. I would think that having such a quick turn around would be motivation enough to encourage investment yet few have taken advantage of my offer. I am reinvesting the profits into more hashing power as soon as I have enough funds to do so, and I don't have to wait until November, December or January to get the hardware.

I just checked the website and it is working fine, as I stated, there have been periodic issues on the server side and I have contacted the hosting service and asked them to resolve the issues ASAP.

[Korbman]

I've been talking with BradleyPloof (turns out he works just down the road from me!) and he asked that I address a few issues, as well as give any insight I can. I've done this for a number of "businesses" that have popped up in the 'Securities' section, as have quite a few others (Deprived included). We are by no means experts, but we've been around the block enough times to know what works and what doesn't. Let's see if we can make this work!

I'll start off by saying that I like the idea. It's interesting and unique, and I can't say I've seen anyone else try it before (though there is a reason for that). With that in mind, I've got a few questions:

1) Who are you, exactly?

2) What State is your company registered in?

3) Where is the business plan for all this? I appreciate that Bradley is working on the first draft, but as the head of the company isn't that something you should have already completed prior to announcing here?

4) Are there any financial projections for this venture? This sort of documentation would help demonstrate your understanding of the Bitcoin network, how it grows, where the 100TH/s will fit in, and revenue/expenses generated as a result (just to name a few aspects).


I figured we can start off light with these four questions and work from there.

[Vagnavs]

http://screencast.com/t/NHL89M8a.

that is what I'm talking about.

[SolarWindMiningCompany]

I believe the server issue has been resolved.

@Korbman: Fair questions, I will work on an answer for you. I will take my time so that can I make sure it is correct.

[SolarWindMiningCompany]

I have added another half Gh/s, the company is mining at 9.5 GH/s.

[SolarWindMiningCompany]

The companies hash rate has risen to 11 GH/s.

[SolarWindMiningCompany]

The companies hash rate has risen to 12 GH/s.

[SolarWindMiningCompany]

Just a few stats I thought I would share:

Total GH/S	Total Deposit	Cost Per GH/s	Total BTC Mined	Percentage return	Current Exchange Rate BTC
12.15816532	1.88860655 BTC	0.155336476 BTC	0.20958648 BTC	11.10%	$188.41
	$355.82	$17.33	$39.49

[xTachibana]

Just a few stats I thought I would share:

Total GH/S	Total Deposit	Cost Per GH/s	Total BTC Mined	Percentage return	Current Exchange Rate BTC
12.15816532	1.88860655 BTC	0.155336476 BTC	0.20958648 BTC	11.10%	$188.41
	$355.82	$17.33	$39.49

i do like it although it might take a bit longer, could you use this from now on :O? (every time you get more hardware that is)

[Korbman]

@Korbman: Fair questions, I will work on an answer for you. I will take my time so that can I make sure it is correct.

I'll be honest here - the inability to answer straightforward "who are you" type questions, especially over the course of 5 business days and a weekend, is typically an early death knell for aspiring entrepreneurs.