Update 2013-09-28 08:49 AM
You can enter the raffle for free without paying anything for the tickets
Maximum 1 (one) ticket/user
Hello,
I, (or we, nordicbtcminers) have a idea of creating a raffle that works as follows:
- Price on tickets uses this formula total cost / divided by numbers of tickets
- You pay the electricity cost that are splitted between (example!) 10 tickets
- Numbers of tickets (example) 10
- We mine with our own hardware for (example) 10 hours
- Price per ticket = (electricity cost (USD/hr) * hours)/numbers of tickets
- GPU's will mine the most prof. altcoins during the time
- ASIC's will mine BTC or the most prof. SHA-256 coin
- The winner gets all coins that are mined asap they are confirmed - transfactions fees
If you want to, then will we post a spreedsheet with all the calculations that we have made.
Some of the calculations "EXAMPLES, it's currently FREE to enter the raffle":Price per ticket:
BTC 0.00114842
Current profit just now (one user, 10 hours mining, altcoins not included)
BTC -0.00321880
Current profit just now (one ticket, 10 hours mining, altcoins not included)
BTC 0.00711694
Hardware:
1 x BFL Jalapeno
2 x Block Erupters
2 x Radeon 5970
1 x XFX Radeon 7970 (not yet available)
If we get enough interests and decides to start the raffle, we will put the information below this
------LINE------------END OF INFORMARTION------FAQ:
How can I enter the raffle?
You cant right now, just send us a PM (or reply here) and tell us that you are interested, and we'll get you more information.
What happends if you (nordicbtcminers) cant withdraw some coins, due too low amount?
We will then contact the winner and send him profit of it and then put the coins in a jackpot to the next round or if the winner wants to, cash them out to the winner - extra transaction fees
Why are we doing this?
Because we earn to little by only mining and also have to pay the whole electricity bill.
So you are also paying your bills with the coins you get from us?
Both yes and no, we are also using them to invest them in new mining equipment
More information and Q&A will become updated during the weekend (if we gets any)
