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Author Topic: [ANN] - New project - (SBM) SnowBallMining ICO Announcement (Already mining !)  (Read 91 times)
enumanc
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May 29, 2018, 12:46:26 AM
 #1

Welcome!

We are pleased to announce the future launch of an ICO for a project named SnowBallMining (Bitcoin & Altcoins Mining)

Erc20 Token Contract: 0xAf2DE5cB07d8F5dE2369fF104150fef9dC0E604b
Symbol: SBM
Name: SnowBall Mining
Decimal: 18
Total Supply: 21,000,000

https://etherscan.io/address/0xaf2de5cb07d8f5de2369ff104150fef9dc0e604b

Mining has already started. Token sale will follow.
SBM Token holders will be entitled to monthly dividends at the end of each consecutive month.
We will be adding altcoin mining in the coming month, leveraging green energy to keep running costs down.
Third party revenue is also in studies to include co-location service for consumers who want to utilize our facility to host miners for a fixed fee using unused capacity.

Telegram channel
https://t.me/snowballmining

Whitepaper, Roadmap, Terms & Conditions & more
http://www.snowballmining.io/Whitepaper_SBM_v2.3.pdf

Any corrections or suggestions on the document will be appreciated.

More information will be posted in the coming days.
And chat a bit around, you guys are the first to know about the start of Snowball Mining!
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enumanc
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June 03, 2018, 09:20:45 PM
 #2

Bonjour, Hola, Hello, Howdy, Salaam, Ni Hao, Namaste!

SnowBall Mining PreSale has Started.

What is it?
A token backed by an active mining project that entitles the holder to receive ETH dividends directly into their erc20 wallet at the end of each consecutive month. Our current fleet of miners include over 900 Asic units for a total network hashrate of 12.2 PH/s as of June 3rd, 2018.

Where is it?
The project is undertaken in Quebec, North Canada. Natural air cooling, cheap hydro energy rates along with solar panels offset much of the Maintainence & Electrcity costs associated with mining.

When is it?
PreSale starts from June 1 - June 29th. For the early adopters that purchase SBM tokens during the presale will be the first to be rewarded mining dividends on June 30th. PreSale advantages also include a 15% SBM Token bonus. Public token sale will start July 1st until August 15th, 2018 in four stages.

Why are you having a PreSale if the project is already running?
We are concentrating on hashpower growth exponentially in the next few months. We have re-structured our assets to pay for the low MEFs so the investor receives the highest profit from the mining rewards.

How are you expanding exponentially?
Using the crowdsale funds to purchase next-gen hardware that are more efficient to maintain while delivering more rewards. We have structured the tokens so that we do continuous monthly reinvestments towards more hardware while growing the hashrate, offsetting difficulty while growing and sustaining mining dividends for the investor.

You can register here: https://ico.snowballmining.io/

More information available on:

Telegram channel
https://t.me/snowballmining

Whitepaper and Roadmap
http://www.snowballmining.io/Whitepaper_SBM_v2.3.pdf
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June 17, 2018, 12:39:51 AM
 #3

// UPDATE 16.06.2018 //

A) Current Inventory:
     917 x Antminer S9 hashing at 12.32 PH/s
     152 Dragonmint T1 hashing at 2.73 PH/s
     Current Daily Reward from Mining:  0.78 BTC/day

B) Inventory awaiting parts before setup (miners without PSU [ordered and enroute or recently delivered and unpacking], cabling for RJ45, etc)
     168 x Antminer S9
     13 x Dragonmint T1

Target completion of setup for outstanding inventory is June 27th. New hardware orders will be placed after June 30th and Before July 5th following community discussion.

====================================

SnowBall Mining PreSale has Started.
Current Token Purchase Bonus: 15%

What is it?
A token backed by an active mining project that entitles the holder to receive ETH dividends directly into their erc20 wallet at the end of each consecutive month. Our current fleet of miners include over 900 Asic units for a total network hashrate of 12.2 PH/s as of June 3rd, 2018.

Where is it?
The project is undertaken in Quebec, North Canada. Natural air cooling, cheap hydro energy rates along with solar panels offset much of the Maintainence & Electrcity costs associated with mining.

When is it?
PreSale starts from June 1 - June 29th. For the early adopters that purchase SBM tokens during the presale will be the first to be rewarded mining dividends on June 30th. PreSale advantages also include a 15% SBM Token bonus. Public token sale will start July 1st until August 15th, 2018 in four stages.

Why are you having a PreSale if the project is already running?
We are concentrating on hashpower growth exponentially in the next few months. We have re-structured our assets to pay for the low MEFs so the investor receives the highest profit from the mining rewards.

How are you expanding exponentially?
Using the crowdsale funds to purchase next-gen hardware that are more efficient to maintain while delivering more rewards. We have structured the tokens so that we do continuous monthly reinvestments towards more hardware while growing the hashrate, offsetting difficulty while growing and sustaining mining dividends for the investor.

========================================================
You can invest here: http://www.snowballmining.io/token-sale.html
========================================================
*Once you send ETH, wait up to 24 hours for the airdrop to your ETH. Make sure the ETH address you are sending from is erc20 compliant. MetaMask and MyEtherWallet are examples of erc20 wallets.*

1 ETH = 600 SBM
[Your invested ETH amount x 600 = Your expected number of SBM tokens], example: Igor invests 0.1 ETH, so he will receive 60 SBM.

More information available on:

Telegram channel
https://t.me/snowballmining

Whitepaper and Roadmap:
EN: http://www.snowballmining.io/Whitepaper_SBM_v2.4.pdf

FR: http://www.snowballmining.io/Whitepaper_FR_SBM_v2.4.pdf

PH: http://www.snowballmining.io/Whitepaper_FR_SBM_v2.4.pdf

==============================================

**Make sure the ETH Wallet is erc20 Compatible. https://www.myetherwallet.com/ is a free and safe wallet.

Sign up at https://www.myetherwallet.com/

Add Custom Token with following credentials

Contract Address: 0xAf2DE5cB07d8F5dE2369fF104150fef9dC0E604b
Decimals: 18
Token Symbol:  SBM

Once you have completed this, add this wallet address to your Snowball Mining dashboard and complete your token purchase.
enumanc
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June 26, 2018, 12:17:44 AM
 #4

// UPDATE 21.06.2018 //

A) Current Inventory:
     1085 x Antminer S9 hashing at 14.64 PH/s
     165 Dragonmint T1 hashing at 2.97 PH/s

     Total hasrate: 17.61 PH/s
     Estimated Current Daily Reward from Mining:  0.9091491 BTC/day

B) Inventory awaiting parts before setup (miners without PSU [ordered and enroute or recently delivered and unpacking], cabling for RJ45, etc)
     0 x Antminer S9
     0 x Dragonmint T1

15% bonus until the end of the month.
20% bonus ? PM me.
mnafta
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July 08, 2018, 04:30:19 AM
 #5

A rare site- a company already operational and paying out dividends (9% monthly) before ICO stage. Awesome.
Promo video: https://www.youtube.com/watch?v=hCPuGMErYUY&

Drink more water.
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July 17, 2018, 06:32:10 PM
 #6

**Announcement!  July 16th, 2018**



Snowball Mining to Offer SBM 3P Services, a Decentralized Mining and Hosting Solution

We are proud to introduce our first service offering, SBM 3P Services (Pilot Program). Snowball Mining is launching 3P Services in partnership with QTS Realty Trust, NYSE: QTS.  SBM 3P Services will offer an all-inclusive white label collocation service for ASIC miners that can be hosted at one of our highly equipped and advanced partner network data facilities.

In addition to our tokenized mining project, we are now able to confidently offer owners of mining equipment a proven and reputable solution for security, insurance, and maintenance - in addition to all their operational mining needs. The service is priced to also cover operational costs, including electricity, cooling and exhausting. The insurance coverage will be provided by Equinox Global Ltd.

SBM 3P Services will launch the pilot program first, followed by a general consumer launch later this year. Snowball Mining will be taking advance orders starting July 31st to August 21st. We will limit the first implementation to a maximum of 2500 units on a first-come, first-serve basis.

What does this mean for token holders?
SBM 3P Services will generate a new channel of revenue stream that will accompany mining reward dividends. We expect to expand globally via QTS’s vast network of facilities by Q1 2019.

Terms & Conditions
The Agreement
Interested parties will receive a copy of an official agreement with the details of all terms & conditions upon signing a non-disclosure agreement.

Shipment
When shipping your miners please include the following:
1- (2) Two shipping labels as provided by Snowball Mining (To be provided) with every outer package. Placing a spare label inside the package will help us identify your shipment if the original label becomes detached or damaged.
2- For every one (1) ASIC miner, one (1) compatible PSU.

Payment
Price: $100 USD per ASIC per month
Minimum Order Quantity: 25 ASICS + 1 Year Commitment
Terms: Prepayment of 2 months (security deposit)
Crypto Payments: We will accepts payments in BTC/ETH via Coinbase.
Fiat Payments: TBD

We will follow-up and provide additional details as well as a registration form on July 31st. Please feel free to contact us via our website or on Telegram for further details, questions or concerns!

Live chat: https://www.snowballmining.io
Telegram: https://t.me/snowballmining

And please don’t forget to check us out, like, follow, subscribe an share!

Facebook: https://fb.me/snowballmining
Youtube: https://www.youtube.com/channel/UC1zAkN8FTGfp0A16jMzn30Q
Twitter: https://twitter.com/snowballmining
LinkedIn: https://www.linkedin.com/company/snowball-mining/
BitcoinTalk: https://bitcointalk.org/index.php?topic=4332886.0

Thank you and happy mining!

Team Snowball


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cheeseburgerparade
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August 06, 2018, 06:49:36 PM
 #7

My understanding from SBM admins is that there is no KYC check and no US investor accreditation process, despite the impending move to Oregon.  Seems like that would be unwise given that you're selling unlicensed securities.  I'm interested in investing but that's a huge concern for me.
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