Bitcoin Forum
May 04, 2024, 09:16:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 »  All
  Print  
Author Topic: ROCKMINER - miners using GEN3 ASICMINER chips  (Read 52740 times)
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 08:42:14 AM
Last edit: March 25, 2014, 08:20:39 AM by rockxie
 #1

ROCKMINER IPO

Introduction:
ROCKMINER is committed to the miner design, produce, sale and mining operation of bitcoin and other crypto currencies. In early stage, we will purchase the third generation chips of ASICMINER to design and produce miners. In the follow-up stage, we plan to enter related industrial chain of crypto currencies. Rock Xie, the co-founder of ROCKMINER, is one of the earliest Bitcoin investors, well-known novel writer, the board member of ASICMINER, and the General Agent of ASICMINER in Asia-Pacific. In November 2013, the team of ROCKMINER is founded with members who have rich experiences in software and hardware R&D, production and sale.

Share Structure:
Total: 75,000 shares
Public Offering: 15,000 shares
IPO Price: 0.1BTC~0.15BTC/share (Favorable Price for the 1st week: 0.10BTC/share)

Dividend:
Initial dividend: depends on the chips delivery date of ASCMINER ,in May around.
Total Amount of Dividend: the profit after deducting the profits retained within ROCKMINER.
Time and Frequency for Dividend: Dividends will be paid out on Wednesday every two weeks.

Share Exchange:
After completion of the offering, shares can be exchanged after 15 days. ROCKMINER will develop independently or through cooperation with a third party trading platform on which shares can be exchanged freely.

Duration for the IPO:
IPO Starting Time: 12:00, March 26, 2014(Beijing Time, GMT+8)
IPO Closing Time: 12:00, April 4, 2014(Beijing Time, GMT+8)

If 15,000 shares are sold out before the deadline, the IPO will be brought to an early end. The IPO progress will be released and can be inquired via ROCKMINER official website (ROCKMINER.com). If less than 10,000 shares are obtained by the deadline, the IPO will be deemed as failure. The 100% purchasing amount will be returned to the investor’s wallet address.

Why ROCKMINER Raise funds via IPO?
1. To scale up production, reduce cost, and improve competitiveness;
2. To increase company brand awareness and influence in Bitcoin community;
3. To encourage Bitcoin experts and community thought leaders to be a board member for company decision, making reference and resources integration.

Why Purchase ROCKMINER Shares?
1. High Competitiveness of Chips. ROCKMINER will adopt the third generation chips of ASICMINER to design and produce Bitcoin miners. With the advantage of power consumption and cost, the chip is highly competitive in the market.

2. Credibility Guaranteed. Our co-founder Rock Xie, also one of the main executives and investors, has high reputation and credibility in Bitcoin industries in China and abroad. His professional competence and community influence provide actual endorsement for the IPO.

3. Technology Guaranteed. Our technical team members are Ph.D or Master with good education backgrounds in engineering. The team members have 10+ years’ rich experience in product development of electronics and large scale mining farms deployment. Our CEO Rock Xie is the Board member of ASICMINER, the previous General Agent of ASICMINER in Asia-Pacific and has very good cooperation with ASICMINER company, who will provide strong technical support for the production of ROCKMINER machines.

4. Sales Guaranteed. Our CEO Rock Xie has built wise marketing and selling network while he is the General Agent of ROCKMINER. The wide brand awareness and sales channel of ROCKMINER have already been built early this year. The estimated sales volume of this year will be 10P+.

5. High Profit Potential. Based on the advantages in chip, credibility, technology and sales, ROCKMINER will have high profit potential in 2014 and thereafter.

Share Purchase Restriction Policies and Preferential Policies?
1. Minimum amount per purchase: 100 shares

2. Standard Price: 0.15BTC/Share. Preferential Price will be provided in the first week of share raising. Preferential Price: 0.1BTC/Share. Purchase price will be restored to Standard Price from the second week of share raising.

3. The number of Board Members will be no more than five. The subscriber with the purchase amount of 2,000 and above 2,000 shares will be eligible for a Board member. If the amount of subscribers with the purchase amount of 2,000 and above 2,000 shares is more than five, the top five subscribers with the most purchase amount will be eligible for the Board Members.

4. The subscriber with the purchase amount of 500 and above 500 shares will be eligible for a Special Shareholder.If the Board Members are less than five,the rest Board Member seats will be supplemented by Special Shareholders who are recommended inside.

5. The official website (rockminer.com) is the only official designated platform for the public offerings. The purchase web link will be released recently on the official website.

Share Lock-up Period?
1. Before a public exchange platform is offered, the project shares can only be traded privately.

2. Public offered shares can only be exchanged after 15 days as from ending date of this fund raising.

3. Shares retained by the ROCKMINER shall not be offered to the public within 12 months as from ending date of this fund raising.

The Usage of Raised Funds?
The funds raised from the public offering will be used for the production and sales of machines, including procurement of chips and components (especially the components with insufficient inventory or long lead time).

necessary for production expansion, mining farm construction, marketing, and daily operation expenses of the company.

Special Note:
1.In consideration of the special nature of Bitcoin industry, we do not recommend any investors without fundamental knowledge or investment experience to participate in this investment.

2.To protect your interest, please read the introduction of buying process and safety statement on official website (rockminer.com).


Sincerely,
ROCKMINER Team

 
1714814219
Hero Member
*
Offline Offline

Posts: 1714814219

View Profile Personal Message (Offline)

Ignore
1714814219
Reply with quote  #2

1714814219
Report to moderator
1714814219
Hero Member
*
Offline Offline

Posts: 1714814219

View Profile Personal Message (Offline)

Ignore
1714814219
Reply with quote  #2

1714814219
Report to moderator
1714814219
Hero Member
*
Offline Offline

Posts: 1714814219

View Profile Personal Message (Offline)

Ignore
1714814219
Reply with quote  #2

1714814219
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714814219
Hero Member
*
Offline Offline

Posts: 1714814219

View Profile Personal Message (Offline)

Ignore
1714814219
Reply with quote  #2

1714814219
Report to moderator
1714814219
Hero Member
*
Offline Offline

Posts: 1714814219

View Profile Personal Message (Offline)

Ignore
1714814219
Reply with quote  #2

1714814219
Report to moderator
hdbuck
Legendary
*
Offline Offline

Activity: 1260
Merit: 1002



View Profile
March 24, 2014, 09:42:04 AM
 #2

wah now thats sounds awesome Cheesy
coldguy
Member
**
Offline Offline

Activity: 69
Merit: 10


View Profile
March 24, 2014, 10:03:50 AM
 #3

7500BTC valuation of a mining company, at current BTC/USD ratio.

I am reluctant. Other opinions?
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 10:29:28 AM
 #4

1.The valuation of our company is determined by the discount of our future revenue.
2.If IPO's done,we can produce 6000~10000 miners per year, one of them hashrate will reach 1TH/S.
3.We have done a good sale job of previous miners, power cost of our new miners are more competitive,market reflection will be fine.
redmetal
Full Member
***
Offline Offline

Activity: 160
Merit: 100


View Profile
March 24, 2014, 10:49:23 AM
 #5

So out of the 1,500 BTC raised how much are you contributing for your share of 60,000 shares? Just your time and knowledge? is that really worth 6,000 BTC (~$3.5 million dollars) for 12 months work? (as this is the amount of time your shares are on hold)

Seems like if I put in anything my shares become worth a hell of a lot less, ie once you reach the full sale of the IPO shares, each share is then only worth 0.02BTC, so without even doing anything my investment is worth 20% of what it started at.....

What are your targeted sales? and your targeted mining farm? you sat you expect to have 6P, will this be used in mining or selling, what are your estimated profits on selling? 1% 5% 10%?

Any answers would be great, unless you can post some solid profits and estimates, I for one will not be investing

Regards,
Red

Receive $5 free of bitcoin in Australia by becoming verified on CoinJar.com, https://filler.coinjar.com/r/034375f5
Neo.op
Sr. Member
****
Offline Offline

Activity: 1092
Merit: 254



View Profile WWW
March 24, 2014, 11:04:27 AM
 #6

1.The valuation of our company is determined by the discount of our future revenue.
2.If IPO's done,we can produce 6000~10000 miners per year, one of them hashrate will reach 1TH/S.
3.We have done a good sale job of previous miners, power cost of our new miners are more competitive,market reflection will be fine.

1. Is there any document showing the profit/revenue calculation?
3. Again is there a document for the good sale job of previous miners?

LYR▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓███
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█████
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓███████
▓▓▓▓▓▓▓▓▓▓▓▓▓▓████▓▓▓▓████
▓▓▓▓▓▓▓▓▓▓▄█████▓▓▓▓▓▓▓▓█████▄
▓▓▓▓▓▓▓▓▓▓▓▓████▓▓▓▓▓▓▓▓████
▓▓▓▓▓▓▓▓▓▓▓▄▄████▓▓▓▓████
▓▓▓▓▓▓▓▓▓▓███▄▓▓███████
▓▓▓▓▓▓▓▓▓██████▄▓▓█████
▓▓▓▓▓▓▓▓█████████▄███
▓▓▓▓▓▓▓██████▀███▄
▓▓▓▓▓▓██████▓▓▓█████
▓▓▓▓▓██████▓▓▓▓█████
▓▓▓▓██████▄▄▄▄▄██████
▓▓▓██████████████████
▓▓███████████████████
██████▓▓▓▓▓▓▓▓▓▓█████
 ██████▓▓▓▓▓▓▓▓▓▓▓█████
██████▓▓▓▓▓▓▓▓▓▓▓▓█████
LYRA  Loyalty Rewards on Blockchain
══════════════════════[ Main Features ]══════════════════════
Customizable tokens ███NFT███ DeFi███ DEX███ Revenue share
bitcoin.newsfeed
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
March 24, 2014, 11:13:03 AM
 #7

Right on time Rockxie. I am interested in this offering and I'm planning to invest some BTCs into your operation. Therefore I have few questions for you, if you are not comfortable to answer them, doesn't matter, just write that you don't want to answer.

1. Can you provide your real identity to us?
2. Where is Rockminer located? In which jurisdiction registered? And location of manufacture?
3. How can you be so sure, that AM gen3 chips will meet expected performations, when they are not tested yet? Why not wait for official specs of gen3 chips and release IPO after that?
4. What is your backup plan, if AM gen3 will not meet expected performance?
5. Why you split ASICminer into 2 companies? What's the story behind this?
6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?
7. Do you plan to offer mining solutions for large industrial mining farms and custom datacenter solutions?
8. What about transparency of sales and shareholders audit? How do we know how many miners RM sell? The addresses for payments will be available to public?

Thanks Rockxie, that's all for now :-)

... Question Everything, Believe Nothing ...
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 11:37:29 AM
Last edit: March 24, 2014, 12:42:15 PM by rockxie
 #8

So out of the 1,500 BTC raised how much are you contributing for your share of 60,000 shares? Just your time and knowledge? is that really worth 6,000 BTC (~$3.5 million dollars) for 12 months work? (as this is the amount of time your shares are on hold)

Seems like if I put in anything my shares become worth a hell of a lot less, ie once you reach the full sale of the IPO shares, each share is then only worth 0.02BTC, so without even doing anything my investment is worth 20% of what it started at.....

What are your targeted sales? and your targeted mining farm? you sat you expect to have 6P, will this be used in mining or selling, what are your estimated profits on selling? 1% 5% 10%?

Any answers would be great, unless you can post some solid profits and estimates, I for one will not be investing

Regards,
Red

We surely contribute to our project a lot ,including investing funds ,finding high-tec engineers , doing  R&D ... We have also decorated the mining farms.Some good place,which means lower electrical cost and more stable electric power,such as Guangdong and Hunan province, have been selected to set our mining farms.
jiefangqian
Full Member
***
Offline Offline

Activity: 229
Merit: 100



View Profile
March 24, 2014, 11:46:10 AM
 #9

good

XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
March 24, 2014, 11:47:01 AM
 #10

thanks for the details, watching.
tinus42
Hero Member
*****
Offline Offline

Activity: 784
Merit: 501



View Profile
March 24, 2014, 12:00:10 PM
 #11

Will there be a passthrough at Havelock for those of us who can't afford to spend at least 10-15 BTC on the minimum amount of 100 shares?
101111
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500


View Profile
March 24, 2014, 12:45:40 PM
 #12

Rock Xie, do you have contingency plans if the Chinese gov't cracks down hard on the sale and proceeds of miners and bitcoin mining?
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 01:02:07 PM
 #13

Right on time Rockxie. I am interested in this offering and I'm planning to invest some BTCs into your operation. Therefore I have few questions for you, if you are not comfortable to answer them, doesn't matter, just write that you don't want to answer.

1. Can you provide your real identity to us?
2. Where is Rockminer located? In which jurisdiction registered? And location of manufacture?
3. How can you be so sure, that AM gen3 chips will meet expected performations, when they are not tested yet? Why not wait for official specs of gen3 chips and release IPO after that?
4. What is your backup plan, if AM gen3 will not meet expected performance?
5. Why you split ASICminer into 2 companies? What's the story behind this?
6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?
7. Do you plan to offer mining solutions for large industrial mining farms and custom datacenter solutions?
8. What about transparency of sales and shareholders audit? How do we know how many miners RM sell? The addresses for payments will be available to public?

Thanks Rockxie, that's all for now :-)

1. Can you provide your real identity to us?

    Yes,of course if you need.I'm not a fresh user,you know.

2. Where is Rockminer located? In which jurisdiction registered? And location of manufacture?

    We are in Shenzhen,China.

3. How can you be so sure, that AM gen3 chips will meet expected performations, when they are not tested yet? Why not wait for official specs of gen3 chips and release IPO after that?
  
   Time is money.

4. What is your backup plan, if AM gen3 will not meet expected performance?

   We can also purchase other chips such as AVALON OR A1 if need.

5. Why you split ASICminer into 2 companies? What's the story behind this?

    You may make a mistake.We are not ASICMINER,we are ROCKMINER ,a company which is going to purchase Gen3 chips of ASICMINER.

6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.

7. Do you plan to offer mining solutions for large industrial mining farms and custom datacenter solutions?
 
   In our plan.

8. What about transparency of sales and shareholders audit? How do we know how many miners RM sell? The addresses for payments will be available to public?
    
   We regularly publish financial statements.



rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 01:03:09 PM
 #14

Will there be a passthrough at Havelock for those of us who can't afford to spend at least 10-15 BTC on the minimum amount of 100 shares?

Yes,after IPOed.
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 01:09:14 PM
 #15

Rock Xie, do you have contingency plans if the Chinese gov't cracks down hard on the sale and proceeds of miners and bitcoin mining?

No.
And if so ,change a country and keep going . Wink
novusordo
Sr. Member
****
Offline Offline

Activity: 800
Merit: 250



View Profile
March 24, 2014, 01:14:47 PM
 #16

I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?


                            █████
                        █████████████
                     █████████████
                 ██████████████        █████
              █████████████        ████████████
          ██████████████        █████████████
       █████████████        █████████████       ██████
       ██████████        ████████████           ██████
       ███████       █████████████       ███    ██████
       ███████    █████████████       ██████    ██████
       ████████████████████       ██████████    ██████
       █████████████████       █████████████    ██████
       █████████████       █████████████        ██████
       ██████████       █████████████           ██████
       ███████      ██████████████       ███    ██████
       ██████    █████████████       ███████    ██████
       ██████    ██████████       ██████████    ██████
       ██████    ██████        █████████████    ██████
       ██████    ███       █████████████        ██████
       ██████           █████████████       ██████████
       ██████       █████████████        █████████████
                 █████████████       █████████████
              ████████████        █████████████
                  ████         ████████████
                           █████████████
                         ███████████
                            █████
Ferrum Network • Interoperability Network for Financial Applications
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
March 24, 2014, 01:15:33 PM
 #17

I'm thinking about doing a passthrough/groupbuy for the IPO, since there is no one offering anything like this right now and not everyone can afford 10 BTC. We'd chip in and buy the shares together (if this is OK with rockxie). I'd then transfer the shares as soon as possible to your address after trading is enabled or keep on passing the dividends through to you. Please send a PM stating how many shares you'd be interested in obtaining so I can see whether this makes sense or isn't worth pursuing at all. Smiley

rockxie: 1. Will we be able to transfer shares to Havelock afterwards? 2. Why aren't you doing the IPO on Havelock? Thank you!

I should have gotten into Bitcoin back in 1992...
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 01:21:51 PM
 #18

I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.

novusordo
Sr. Member
****
Offline Offline

Activity: 800
Merit: 250



View Profile
March 24, 2014, 01:24:06 PM
 #19

I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.



Ok. If someone pays the IPO address 10 BTC from 5 different addresses, they will need to hold onto those 5 addresses forever in order to keep their shares?


                            █████
                        █████████████
                     █████████████
                 ██████████████        █████
              █████████████        ████████████
          ██████████████        █████████████
       █████████████        █████████████       ██████
       ██████████        ████████████           ██████
       ███████       █████████████       ███    ██████
       ███████    █████████████       ██████    ██████
       ████████████████████       ██████████    ██████
       █████████████████       █████████████    ██████
       █████████████       █████████████        ██████
       ██████████       █████████████           ██████
       ███████      ██████████████       ███    ██████
       ██████    █████████████       ███████    ██████
       ██████    ██████████       ██████████    ██████
       ██████    ██████        █████████████    ██████
       ██████    ███       █████████████        ██████
       ██████           █████████████       ██████████
       ██████       █████████████        █████████████
                 █████████████       █████████████
              ████████████        █████████████
                  ████         ████████████
                           █████████████
                         ███████████
                            █████
Ferrum Network • Interoperability Network for Financial Applications
rockxie (OP)
Sr. Member
****
Offline Offline

Activity: 284
Merit: 254


View Profile
March 24, 2014, 01:36:21 PM
 #20

I'm thinking about doing a passthrough/groupbuy for the IPO, since there is no one offering anything like this right now and not everyone can afford 10 BTC. We'd chip in and buy the shares together (if this is OK with rockxie). I'd then transfer the shares as soon as possible to your address after trading is enabled or keep on passing the dividends through to you. Please send a PM stating how many shares you'd be interested in obtaining so I can see whether this makes sense or isn't worth pursuing at all. Smiley

rockxie: 1. Will we be able to transfer shares to Havelock afterwards? 2. Why aren't you doing the IPO on Havelock? Thank you!

Sorry, PT just can be allowed after IPO completed.
Havelock is a good platform,but there are some fees,and we think that every penny should be used in the right place.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!