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fasbit (OP)
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February 17, 2014, 09:56:17 PM
Last edit: February 19, 2014, 07:09:10 PM by fasbit |
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 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? 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/BUJIN5Price 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/dM7sqGOur IPO Offer: http://goo.gl/I8YhBq/fasbit info@fasbit.comForum: http://gridasics.proboards.com/ |
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fasbit (OP)
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February 17, 2014, 11:46:10 PM
Last edit: February 18, 2014, 12:11:29 AM by fasbit |
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We sold over 2 Million shares already. 2 million frantic crypto-coiners can't be wrong!  |
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iglasses
Legendary
 Offline
Activity: 1148
Merit: 1000
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February 18, 2014, 12:18:29 AM |
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You sold .000001 shares to 2 million individual people?
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I only have a signature because I'm allowed.
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fasbit (OP)
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February 18, 2014, 12:34:22 AM |
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You sold .000001 shares to 2 million individual people?
Not really... just the 2 million shares... who know how many different people... but that number just jumped to 4 million |
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MakuSoto
Newbie
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Activity: 182
Merit: 0
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February 18, 2014, 01:13:02 AM |
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I like the speed of this GB! I'll take 1 million shares please, how many gridseed units will this entitle me to at the end?
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fasbit (OP)
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February 18, 2014, 01:45:05 AM |
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I like the speed of this GB! I'll take 1 million shares please, how many gridseed units will this entitle me to at the end?
1 Mill = 1 BTC = ~$650 = ~4 Units |
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ManeBjorn
Legendary
Offline
Activity: 1288
Merit: 1004
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February 18, 2014, 01:46:41 AM |
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When do yo go live with your operation?
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fasbit (OP)
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February 18, 2014, 02:06:08 AM |
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When do yo go live with your operation?
We have FAS already up and running. It is scrypt mining operation. This ASIC chip is all new and I have to place an order to get a delivery date. Once the chips get back here to Tulsa, then we start shipping and mining. My guess is 4 weeks after we place the order. Once we sell out then everyone will be free to sell and trade shares. FAS Link: https://cryptostocks.com/securities/87/fasbit |
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ManeBjorn
Legendary
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Activity: 1288
Merit: 1004
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February 18, 2014, 02:10:13 AM |
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Very cool. Thanks for the info. I finally can use my small DVC collection to buy something with. When do yo go live with your operation?
We have FAS already up and running. It is scrypt mining operation. This ASIC chip is all new and I have to place an order to get a delivery date. Once the chips get back here to Tulsa, then we start shipping and mining. My guess is 4 weeks after we place the order. Once we sell out then everyone will be free to sell and trade shares. FAS Link: https://cryptostocks.com/securities/87/fasbit |
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primeblock
Newbie
Offline
Activity: 29
Merit: 0
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February 18, 2014, 02:58:58 AM |
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Going to have to keep an eye on this, seeing as you guys are only a few hours from me makes it easy to hunt you down if you rip everyone off Seriously, good effort thought, look forward to this will see how it evolves and where you guys go with it. What are you facilities you guys are using, your own or some of the big guys up there TierDirect and Tulsa Connect have some nice facilities up there full replicated last I remember. If you do no mind me asking what experience do you guys have with handling this, see you are looking for some net-eng help is your experience more on the business dev side or the technical side. 200 miners is a good healthy start, have you factored power/cooling requirements, scalability etc etc maybe I can lend some helping advice to you on that end just because your psuedo-close...although ok compared to texas might as well be alaska according to us |
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fasbit (OP)
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February 18, 2014, 03:31:02 AM |
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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? Going to have to keep an eye on this, seeing as you guys are only a few hours from me makes it easy to hunt you down if you rip everyone off Seriously, good effort thought, look forward to this will see how it evolves and where you guys go with it. What are you facilities you guys are using, your own or some of the big guys up there TierDirect and Tulsa Connect have some nice facilities up there full replicated last I remember. If you do no mind me asking what experience do you guys have with handling this, see you are looking for some net-eng help is your experience more on the business dev side or the technical side. 200 miners is a good healthy start, have you factored power/cooling requirements, scalability etc etc maybe I can lend some helping advice to you on that end just because your psuedo-close...although ok compared to texas might as well be alaska according to us Lots of exp wtih GPU... working on the scaling out issue... I estimate half of the units will be sold as hardware... so only 100 units to deal with... We are in Philtower... Just a big office bldg I have extra AC load alrady due to GPU servers.... these thing are ice boxes compared to GPU I just need help...in general.... My exp is business side... |
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tripppn
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February 18, 2014, 03:44:02 AM |
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So what happens when the units are no longer profitable?
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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fasbit (OP)
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February 18, 2014, 03:54:52 AM |
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So what happens when the units are no longer profitable?
We put it up for a vote. Options would include: Sell them and upgrade.... is usually best choice.... |
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ManeBjorn
Legendary
Offline
Activity: 1288
Merit: 1004
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February 18, 2014, 03:57:44 AM |
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That's the best way to do it as it usually keeps your business going as well. Upgrading and keeping going makes sense usually as you and your investors continue to get income. I just got my first 9900 shares.  So what happens when the units are no longer profitable?
We put it up for a vote. Options would include: Sell them and upgrade.... is usually best choice.... |
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tripppn
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February 18, 2014, 03:58:08 AM |
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So why use cryptostocks? Why not just do a normal gb here?
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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hasher87
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February 18, 2014, 04:56:30 AM |
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So why use cryptostocks? Why not just do a normal gb here?
more transparent, i guess? oh damnnnn i miss bitfunder/btct lol |
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fasbit (OP)
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February 18, 2014, 05:12:37 AM |
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So why use cryptostocks? Why not just do a normal gb here?
1. The main reason is I am building GPU scrypt farm. Many people dont have $180 to buy one complete unit, but they have .03 BTC to kick in....they can still join in, without buying a full increment. From there, I am the defacto Manager for these people. 2. Image if someone wanted to buy .000001 BTC worth in a GB...haa... no way...but they can do it on CryptoStocks. 3. Once mining starts, I have an easy method to pay out. I drop in the money, and it sorts it out for me...based on dividend. 4. It allows the gamblers in on some action... when I turn lose the IPO flag its like a feeding frenzy.... the speculators love it...pump. pump.. no GB can offer that excitement...personally I dont care for all that craziness, but they love it...and those guys help raise money....so I welcome them... 5. This IPO has at least 200 people involved... try that with a regular GB... 6. Built in vote system /fasbit |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 18, 2014, 05:46:46 AM |
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Bought 10 million shares. Make me happy please  |
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arbitrage001
Legendary
Offline
Activity: 1067
Merit: 1000
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February 18, 2014, 05:53:55 AM |
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A few question.
1) Do you live in China?
2) How do you pay the supplier?
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thy
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February 18, 2014, 06:18:58 AM |
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A few question.
1) Do you live in China?
2) How do you pay the supplier?
He lives in Tulsa, Oklahama, USA as far as i know or somewhere close to that city. |
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