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Author Topic: [CANCELED] Jupiters are SOLD OUT - Escrow by SebastianJu  (Read 1988 times)
SolarWindMiningCompany
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October 07, 2013, 05:33:50 PM
Last edit: November 11, 2013, 07:52:43 PM by SolarWindMiningCompany
 #1

Mining Farm Hardware Purchase Shares Available


This is the Official Thread of...
The SolarWind Mining Company


   

First HPC (Hardware Purchase Cycle)
Escrow by SebastianJu

1 Jupiter KnCMiner Share Count -  3/14 Founders Contracts - 4/41 Standard Contracts
(Standard Contract Share Count includes the equivalency of Standard Contracts from Mined BitShares*)


Total Investment: 6.5 BTC ~ $1300 | Amount left: 23.5 BTC ~ $4700

Share Pricing
BitShare: Any amount under 0.5 BTC   |    Standard Contact: 0.5 BTC   |   Founders Contract: 1.5 BTC

How To Purchase Shares

The SolarWind Mining Company provides a method for investors who would rather mine for Shares. This is a great option if you only have a limited amount of hashing power. If you would like to purchase any Shares through the Bitshare Mining Pool option, you may send me a PM asking for a BitShare Mining account. Deposits in a BitShare account also allows for micro-share investments which are called BitShares. BitShare funds are pooled into larger amounts and credited towards HPC's.

Share Funds are used to purchase new mining hardware and to pay for some of the daily operational costs. For a more detailed explanation of how each Share type works, please visit the following webpage: The SolarWind Mining Company Investment Program


The total Share Count may change due to the volatility of the exchange rate for BTC
*SolarWind BitShares are not associated with the 'BitShares P2P trading platform
*Hardware Purchase Cycle (HPC) - The buy-in period preceding the purchase of specific hardware.





~ About Us ~



The SolarWind Mining Company is designed to be an eco-friendly Bitcoin Mining Farm.  The intention is to create a large scale hashing platform dedicated to mining bitcoins and creating a stable bitcoin community.  The company will start off by installing a series of bitcoin mining rigs with an initial goal of 100 TH/S worth of mining power.  A primary goal of The SolarWind Mining Company is to phase in the use of solar and wind power, among multiple other sources of low cost energy, to reduce electrical expenses (an important factor that effects bitcoin mining profitability.) Initially, these low cost energy methods will be interspersed with grid fed power to lower the cost of operations and producing the most profit. It is a goal of The SolarWind Mining Company to eliminate the use of electricity off of the grid to any extent possible, if not entirely. SolarWind will use multiple methods to save energy as well (e.g. Waste heat generated from the operation of mining hardware will be recycled, creating another source of electricity, or, as a heating source for hot water and the offices at the mining facility during colder weather.)  Primary operations will be set up in an area of Kansas that, for the majority of the year, has an abundance of wind and sunshine. SolarWind will utilize the wind and sunshine to operate wind turbine generators and solar panels to minimize electrical costs.  Hashing power increases will be implemented as necessary to generate further income and to insure that SolarWind is able to fulfill its commitments to the Shareholders.

Mission Statement:  At The SolarWind Mining Company, we want to create a stable hub of Bitcoin mining, increase network stability, and generate revenue from mining for investors.

Company Goals and Objectives:  Our goals as a company include creating a profitable, stable mining node that leads in hashing power, giving the best returns on investments, to expand to include multiple mining locations, and to be a leader in the distribution of knowledge related to Bitcoin.  Objectives include doubling of initial investments, increases in hashing power, and holding annual Bitcoin rallies at college campuses and other large venues.

Our philosophy is that Bitcoin will be the forerunner of all digital currencies and is the natural evolution of currency.



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October 07, 2013, 08:38:47 PM
 #2



Added a page on How To Purchase Shares



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October 09, 2013, 10:13:16 AM
 #3

I will provide Escrow here. The Escrowaddress is:
Code:
1B9yH8csiujoBSNjVPhgrZjdm7f27EXKFq

When the needed amount is reached i will order the Miner with the target address provided by SolarWindMining.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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October 09, 2013, 11:33:06 AM
 #4

how many GHs is one share¿?
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October 10, 2013, 10:26:42 PM
 #5

how many GHs is one share¿?

I am working on a reply, I should have it ready with in the next 24hrs

The miner and Share Count may also change because of an email I have received from Bitmine.

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October 15, 2013, 10:00:28 PM
Last edit: October 30, 2013, 06:26:30 PM by SolarWindMiningCompany
 #6

I have completed a detailed explanation of how layouts are structured, you can view the documentation here Details On Outlay per Share - How You Get Payed

The simplest version that I can offer is thus:

A total of 100 BTC invested in a given HPC (Hardware Purchase Cycle), the mining hardware has generated a 100 BTC profit that is designated to be split in the Profit Sharing Pool for the given HPC. Total BTC invested = 100 BTC, Profit Sharing Pool = 100 BTC, so we divide Total BTC invested (100 BTC) by Profits from pool (100 BTC), or, 100/100 BTC = 1 BTC.

Price of Founders Contract is 1.5 BTC, 1.5 BTC x 1 BTC = 1.5 BTC - So the credit per Founders Contract is 1.5 BTC

Price of Standard Contract is 0.5 BTC, 0.5 BTC x 1 BTC = 0.5 BTC - So the credit per Standard Contract is 0.5 BTC

The same process is used to determine the layout credits for BitShare Investments

Depending on the Rollover options you choose you will see different layouts, to understand these terms thoroughly you should read the The SolarWind Mining Company Investment Program

I am changing the mining rig back to a Jupiter KnCMiner due to a negative email I have received from Bitmine. (No biggie, its just that Bitmine will not be able to deliver as was indicated to me previously)

As a result the Share Count has changed.



Additionally I have a local source of mining hardware, if you would like to start earning now I can increase my current hash rate by 1GH/s for ~ 0.18 0.12 BTC and it would only take me a few hours to acquire the mining equipment and get it running.

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October 27, 2013, 08:53:53 AM
 #7

To anyone who might be interested, I can have 500 GH/s installed and mining within one hour from now. I have access to about 2+TH/s of Bitfury mining equipment from a source locally. The price for 500 GH/s is 50 BTC. Because I have a local source for the hardware, I can turn generated revenues into more hashing power within a matter of a few hours instead of weeks or months, that means I can leverage investments quickly! My companies focus is to rapidly reinvest earnings through various strategies. Invest once and let us do the work for you!

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November 03, 2013, 02:48:18 AM
 #8

I have updated the share count, we have a total investment of 6.5 BTC thus far. There is still time to get in on the November delivery if we don't waste any time!

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November 04, 2013, 01:29:52 AM
 #9

Posted this in the official thread.
I have added a 'Earnings Live View' table to The SolarWind Mining Company Forum allowing everyone to see the earnings performance of the companies mining operation.

Enjoy!

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November 08, 2013, 05:54:10 PM
Last edit: November 09, 2013, 09:30:16 AM by SolarWindMiningCompany
 #10

With the price of Bitcoin being at an all-time high of over $350 Grin I think it is a good time to make our move on hardware purchases. To encourage investment, I am offering Founders Contract status to every BTC investment made today no matter the amount! I will also give a 15% deposit credit for all investments and 20% of all hashing power will be dedicated to pure outlays (each investor will get an even amount of 20% of generated bitcoin based on their total BTC investment.)

To summaries: Every investor will receive a 15% credit in their account and Every investor will get a portion of 25% of the companies profits. I need to raise 250 BTC for an early Dec. Terraminer preorder for 10 TH/s + 19 BTC for the current Jupiter KnCMiner HPC.

This offer is only good at the ~ $300 BTC exchange rate, if the price falls to far I will have to adjust the totals.

I have added an easy payment and signup form to the company forum. Click Here!

Don't worry about what kind of options you want for your share position, I will honor any request you wish at anytime you decide, this way we can take advantage of the current price of BTC and not waste time on other things that can easily be worked out.

Time is of the essence, this kind of opportunity may not come around again for months...  SO LETS USE IT TO OUR ADVANTAGE NOW!!!

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November 08, 2013, 06:03:29 PM
 #11

Forgot to add the address! Embarrassed

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November 08, 2013, 10:07:02 PM
Last edit: November 09, 2013, 09:31:44 AM by SolarWindMiningCompany
 #12


I have added an easy payment and signup form to the company forum. Click Here!


This has been added to the post above.

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November 09, 2013, 09:33:20 AM
Last edit: November 12, 2013, 07:52:14 PM by SolarWindMiningCompany
 #13

tick.. tock.. tick.. tock.. tic....

[EDIT:] Time is up....

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November 09, 2013, 09:52:59 AM
 #14

Excellent job on the easy buy form and the live view!  The "I'm not sure what type of share" box is perfect.
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November 09, 2013, 10:22:26 AM
 #15

Thanks!

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November 10, 2013, 09:02:57 PM
 #16

Thought I would share with all of you an article that is my primary motivation for starting this company. This guy's prediction (although not surprising) was spot-on-accurate, but that is not why it inspires me. What inspires about the article is the insight into not just what the future would hold but the unique perspective as to why it would progress the way it indeed has.

The main focus of The SolarWind Mining Company is to addresses the section of the article that starts with the following and proceeds into the next three paragraphs. It is these disadvantaged people that I want to help,

    There will always be disparity between classes in wealth, thats just the nature of life...
I hope you enjoy the article.


Hello fellow MineCoinians,

      I am a true believer in the pure and honest morality of freedom and even though I am fairly new to the crypto-currency community I am very excited about the ultimate potential of the BTCitcoin ideology. Though I hold no religious theology as true and absolute, I do believe that man has, over the eons, collected a great deal of wisdom and that wisdom is most often found in the various religious text of history. One of the most quoted religious phrases from the hebrew and christian bible is that 'money is the root of all evil.' You most likely have heard this phrase many times before, but that phrase does not exist. What is actually written is that 'the LOVE of money is the root of all evil.' It is this fragment of ancestrial wisdom that I wish to bring to light so as to address the logic behind my assertion. Decentralization, the very foundation of the Bitcoin ideology, is at serious risk of annialation.

      First and foremost I want to be honest about what brought me to this moment in my life. I am a college student studing for a double major (computer enginering and physics) and working towards an eventual PHD. Because of past mistakes I have serious financial trouble so holding a job wouldn't be worth it after creditors and uncle Sam take their cut from my paycheck. I was searching online for a way to make an income that would not take to much time away from my studies when I came across bitcointalk.org. I immediately downloaded and installed bitcoin-qt and the bitminter client and fired up my GTX690. After some days passed it became apparent that it was going to take awhile to make very much money at all so I started to research my options. This research of course revealed the world of FPGA mining rigs and the latest holy grail of miners... the ASICs rig. At that point I became very discouraged, not so much because FPGA and ASICs hardware was too expensive and out of reach, but that FPGA and ASICs hardware was too expensive and out of reach for me in my situation. This fact is the critical link that enduced my awarness of the major point I wish to make in this article.

     I did alot of brainstorming trying to figure out a way to improve my situation and I came to one inevitable conclusion, I cannot do it alone. The best option I could imagine was to set up a special mining pool just for raising funds to build/purchase an ASICs mining farm soley to provide all the mining participants in the pool with their own ASICs rigs. This is another key to my argument, as I conducted my research on mining pools I became highly aware of the negative impact that a scarce supply of ASIC mining hardware will have.

     There will always be disparity between classes in wealth, thats just the nature of life. Bitcoin mining has offered a more level playing field because with careful planning and proper financial structuring an individual could start a small mining venture and grow that effort and diligence into operating rigs that have a respectful hashrates. ASICs technology threatens the balance that has exists untile now because it is disruptive to this level playing field. Those who can afford to pay a premium to adopt ASICs hardware early have such a massive hashing advantage that even the advantages of the best FPGA setup will rapidly evaporate as difficulty levels rise at a sudo exponential rate. This leaves the FPGA miners scrambling for extra FPGA units and trying to squeeze out every last drop of effency from their FPGA setup. The run on ASICs and FPGAs raises their prices and causes an increasingly diminished supply of ASICS and FPGA units.

     GPU miners tend to be the types of people that have limited resources, dual purposing by using their rigs for example; gaming and mining, or are trying to earn enough coin to upgrade to better mining rigs. Humble GPU mining can still be (to an ever decreasing extent) vaible for some miners and a few short months ago had pretty decent hashrates but not for much longer. The GPU miners are rapidly being left out in the deep, cold emptiness of crypto-mining space with warp drives that are failing because of a quantum shift in the alternate laws of mining physics.

     GPU miners are further disparaged by the scarcity and rising prices of FPGA and new ASIC hardware.  GPU miners generally cannot afford or cannot aquire the hardware to upgrade. This furthers the class divide between GPU miners and those who can afford to pay a premium and adopt ASICs hardware early and the FPGA miners who are able to keep up and eventually transition to ASICs hardware. By the time the few remaining GPU miners are able to upgrade, many of them may never be able to catch up, mostly due to the hardware requirements making mining feasible have continued to increase at a sudo exponential rate without their participation. To further the STAR TREK analogy, these straggling GPU miners will be droped from the warp conduit simply because they ran out of antimatter while trying to catch up to bigger, faster and more advanced starships leaving them disparagingly adrift forever in the sameness of space as the disenfranchised GPU miners that preceded them.

     This is the type of situation that has historically given rise to desperate levels of poverty in ordinary societies, it is simple economics coupled with human self protectionism. A digital future is our worlds destiny and whether or not bitcoin will survive far into that future is irrelevant, but the conduct of the bitcoin community will greatly influence the nature of humanities destiny within that future and is instrumental in laying the foundation for what kind of society humanities future is built on. So how we, the bitcoin community, behave during this transitional shift has profound significance for the quality of life of future generations. The question I pose to you is this; are we, at this profound and criticle moment in history, going to perpetuate the blind sins of the past because of short sighted self preservationizm and greed or are we going to create a revolution in the human condition for the benifit of all of man.

     The core principle of Bitcoin ideology is the decentralization of currency, and for what pupose? We all know the answer to this question. It is because we all know the evil that men drunk with power will do to his very own blood let alone what he would do to you. But what do you think it means if crypto-coin mining becomes just another resource that only rich corporations can afford to harvest? How different do you think that this situation will be from the way things are now, or the way things have always been? Once a viable crypto-currency is embedded into a culture it becomes no different than any other essential resource and is subject to the same jurisdictions. If crypto-mining is only available to an elite group of wealthy individuals, then it becomes subject to the concerns of the elite. History shows us that elitist tend to be unfair, greedy self preservationist who are susceptible to and often the very architects of political pressure. Ask yourself this question and answer yourself honestly. If you had invested years of your life mining a substantial amount of bitcoin wealth and suddenly you find yourself faced with the decision to either protect the principles behind Bitcoins Ideology and loosing all the wealth you had worked so long to acquire or forsaking the ideology of Bitcoin and keeping all your acquired wealth, minus some taxes and fees, knowing that you'll likely live well the rest of your life, what would YOU do? Again, history shows what most people would do, its a simple matter of self preservationizm. This is why decentralization is so critical.
    
     I think we all agree that we do not want the situation to get to that point, but that is the course it is presently taking and only together can we stop this decent of such a noble endeavor. So what is it that we can do? In many respects the solution is simple in concept, its the execution thats more challenging. The hardest element to overcome is at the core of the human instinct to survive, and that is the instinct of self preservation. This instinct is of course very strong and because human beings are intellectual creatures this instinct is often triggered when our ideas or sense of self are in intellectual danger even though our bodies or lifes may not be. This is the major cause of human irrational behavior. So for the sole sake of logic it stands to reason that if smaller and smaller groups continue to control larger and larger portions of a finite pool of resources then you either must exponentially increase the quantity of the reasources or you must equalize the method of gathering the resources to a broader group of people. Fortunately in this case the resource is a fabrication of man.

     So with that being said, lets open this up for discussion...  I release it to the floor...

________________________________

The bureaucratic mentality is the only constant in the universe.
-Dr. McCoy, Star Trek IV: The Voyage Home

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November 11, 2013, 07:52:17 PM
 #17

November Jupiter KnCMiners are SOLD OUT. Thanks SebastianJu for the support.

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November 12, 2013, 07:49:03 PM
 #18


ANNOUNCEMENT


Could the individual who sent a small amount of Bitcoin to the escrow account please let me know who you are and what you would like us to do with your deposit. The amount was just over 0.01 BTC and it came from an address associated with Slush's pool. We will need to verify that you are the correct individual. If no one claims and can verify that they own the BTC within the next 30 days we may donate the amount to the Bitcoin Foundation.

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