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Author Topic: ANN ### Project GRID - Miners Are Running ####  (Read 6992 times)
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fasbit (OP)
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February 17, 2014, 08:48:24 PM
Last edit: April 06, 2014, 06:03:26 PM by fasbit
 #1


Brought to you by Fasbit.

ASIC Scrypt Mining Is Here.  Don't get left behind.
We are buying 200 Gridseed Miners.  Want to join us?
Alt Coin Mining Will Not Be the Same

You have three options if you want in on the purchase:
1. Buy enough shares to get your own physical miner(s).  When miners arrive, cash in your shares at IPO price and take your miner(s).
2. Buy shares in the GRID pool and leave the miners in the pool.  Take dividends from the pool profit.
3. Buy shares on speculation and trade the shares on the market just like alt coins.

Shares are sold here: http://goo.gl/BUJIN5
Price is .000001 BTC - This is the lowest price per share on Cryptostocks.com.  The share price can never go lower than this.
If you don't have enough money to buy a full rig/set up.  You can just buy as many shares as you can and earn dividends.

Manufacturer Specs: http://goo.gl/dM7sqG
Our IPO Offer:  http://goo.gl/I8YhBq

Forum: http://gridasics.proboards.com/

/fasbit
info@fasbit.com
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February 17, 2014, 08:52:38 PM
 #2

how much a share give you in hash terms?
Simpson93
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February 17, 2014, 09:09:37 PM
 #3

looks interesting. I am in again Wink
fasbit (OP)
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February 17, 2014, 09:17:08 PM
 #4

how much a share give you in hash terms?

1 Mining Unit cost is $160 / 650 = .2461 BTC - yields .3mh/s
Not amazing...but its very low wattage and low heat.

In Shares, that is about 241,600 shares for 1 mining unit.

fasbit (OP)
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February 17, 2014, 09:18:22 PM
 #5

looks interesting. I am in again Wink


Ah kewl...Spread the word!
JimmyCoin
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February 17, 2014, 09:20:42 PM
 #6

how much a share give you in hash terms?

1 Mining Unit cost is $160 / 650 = .2461 BTC - yields .3mh/s
Not amazing...but its very low wattage and low heat.

In Shares, that is about 241,600 shares for 1 mining unit.



246,100 shares?
fasbit (OP)
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February 17, 2014, 09:23:08 PM
 #7

how much a share give you in hash terms?

1 Mining Unit cost is $160 / 650 = .2461 BTC - yields .3mh/s
Not amazing...but its very low wattage and low heat.

In Shares, that is about 241,600 shares for 1 mining unit.



246,100 shares?

Shares are .000001 each...so yes... 241,600
fasbit (OP)
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February 17, 2014, 09:37:01 PM
 #8

If you are into speculation...remember the share price cannot go lower than .000001 BTC
fasbit (OP)
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February 17, 2014, 11:38:07 PM
 #9

This project sold 2 Millions shares in 2 hours.... If you are into hype...Here ya go... this project is for you too...
fasbit (OP)
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February 18, 2014, 12:36:47 AM
 #10

Update... make that 4 million shares...
fasbit (OP)
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February 18, 2014, 01:53:27 AM
 #11

This project sold 11 million shares so far....
fasbit (OP)
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February 18, 2014, 04:49:50 AM
 #12

If you cant double your money on this IPO...just quit...just go home...
thy
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February 18, 2014, 11:11:03 AM
Last edit: February 18, 2014, 11:23:12 AM by thy
 #13

how much a share give you in hash terms?

how much a share give you in hash terms?

1 Mining Unit cost is $160 / 650 = .2461 BTC - yields .3mh/s
Not amazing...but its very low wattage and low heat.

In Shares, that is about 241,600 shares for 1 mining unit.
If you compare the GRID and FAS listings on cryptostocks, then  GRID is better value if both trade at the same price, 820 GRID shares gets you the equivalent of 1kh/s mining, in FAS you needed to buy 2000 shares, both at 0.000001 per share, so if FAS trades at 0.000003-0.000004 then GRID should resonable trade at 2000/820 = 2.44 times that so 0.000007-0.000010 btc per share...we'll see in a day or two...

fasbit (OP)
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February 18, 2014, 12:21:43 PM
 #14

how much a share give you in hash terms?

how much a share give you in hash terms?

1 Mining Unit cost is $160 / 650 = .2461 BTC - yields .3mh/s
Not amazing...but its very low wattage and low heat.

In Shares, that is about 241,600 shares for 1 mining unit.
If you compare the GRID and FAS listings on cryptostocks, then  GRID is better value if both trade at the same price, 820 GRID shares gets you the equivalent of 1kh/s mining, in FAS you needed to buy 2000 shares, both at 0.000001 per share, so if FAS trades at 0.000003-0.000004 then GRID should resonable trade at 2000/820 = 2.44 times that so 0.000007-0.000010 btc per share...we'll see in a day or two...

I ran the numbers and I came up with a similar conclusion... the only difference is the wait time for the hardware... that instant gratification that dividends give you make a difference...but we shall see...
fasbit (OP)
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February 18, 2014, 12:50:38 PM
 #15

Let the feeding frenzy begin
Anotheranonlol
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February 18, 2014, 12:53:39 PM
 #16

embarrassing...

WutriCoin
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February 18, 2014, 12:59:16 PM
 #17

embarrassing...

Why is that?
fasbit (OP)
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February 18, 2014, 09:10:58 PM
 #18

I want to thank everyone for a great IPO launch. 
We have lots of volume and lots of trading.  Still time to get in...
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February 18, 2014, 10:22:47 PM
 #19

I love fastbit.
I made a killing on the original FAS IPO.
Am re-investing all my profits
Go PROJECT GRID

1GU7761x1kETD5vB2Pvs99XNWSskm8tKpY
ggc1ose
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February 19, 2014, 03:27:41 PM
 #20

I love fastbit.
I made a killing on the original FAS IPO.
Am re-investing all my profits
Go PROJECT GRID

Whats the rationale behind people buying for 2? Aren't they paying double price for the miners, why don't they get it elsewhere?

I don't understand the appeal behind going above 1.
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