[Ann] [ForgeCoin] Mining with Cheap electricity!

[sepehr]

Forge Coin is established to Host CryptoCurrency Miners in a country with cheap electricity rates.

We are rented a 300 Amp Facility in an industrial Zone with Good Air Conditioning.

You can have some stake as well!

Just buy ForgeCoin Assets, in NXT Asset Exchange and start receiving dividends weekly.

For More information see the followings:

About ForgeCoin Assets
Buying ForgeCoin Assets
Recieving ForgeCoin Dividends
ForgeCoin News

About ForgeCoin Asset:

NXT Asset Name: ForgeCoin

Asset ID: 5934798443252900551

Asset Description:

Electricity rate is one of most important costs of Mining, But What if you can mine at an electricity rate about $0.01/KWh?
ForgeCoin decided to help you to do so!
We have rented a Factory in an Industrial Zone of a country with Cheap electricity rates.
We have a Total capacity of 300Amp for the Moment.
Assuming 370W(1.7Amp) for each Slot(180 GH/s S1 or equivalent S2 or S3 Antminers) , we can host up to 175 Antminers in this location.
Each Slot will cost 0.85 0.81 0.7777 0.9 0.48 BTC including Local Custom fees, PSU, Installation)
30 Slots currently reserved by ourselves.
145 remaining Slots can be sold through Asset Exchange.
Mined funds will be paid weekly in BTC or NXT.
We will declare any costs clear in our website through the project.
3% Management cost will take place over any revenue through mining.
First month contributors had a %10 Discount because they trust us and risk their Money.
Each asset will cost 0.48 BTC now.

An ROI of 5 months can be estimated.

Additional information will publish in our website:

http://forgeco.in/

NXT Account ID:  NXT-7PHS-2VHM-U5WP-BTFZD

NXT Account Number: 10807998119924651512

BTC Account: 1PqpXBRM5LgUT7X4zc3jZXUr7gAt5WhvTX

For additional information about NXT Asset Exchange please visit here:

https://wiki.nxtcrypto.org/wiki/Asset_Exchange

[lenny_]

Pictures or GO AWAY.

[x8008]

Pictures or GO AWAY.

+1

[sepehr]

Pictures or GO AWAY.

You are right! I will update the factory pictures and S1 Stacks there Within several days.
Remember the early days Bitmain Announced Antminers! Trust takes time, but we decided to attract your trust!

[sepehr]

First Batch Ordered:

We know that trusting us maybe hard!

But we decided to attract your trust, and that is why give %10 discount for first contributors.

And we try to update every action we take so that the community can trust us better.

We have sold 5.08 Assets till now so we have ordered 8 S1 Antminers as our first Batch Immediately after selling assets.

And here is our order confirmation from Bitmain:



Please click on the image for better resolution.

We will update pictures from factory also soon.

http://www.forgeco.in/first-batch-ordered/

[lenny_]

8x Antminers S1? This will be your hosting facility, with "stacks of Antminers"?
8 Antminers I can squeeze them under my bed without yelling about it here and there. It's not even worth mentioning if you consider yourself as a professional.

So I will repeat - PICTURES OR GO AWAY. We are not giving anyone money in pre-orders without escrow.

[sepehr]

8x Antminers S1? This will be your hosting facility, with "stacks of Antminers"?
8 Antminers I can squeeze them under my bed without yelling about it here and there. It's not even worth mentioning if you consider yourself as a professional.

So I will repeat - PICTURES OR GO AWAY. We are not giving anyone money in pre-orders without escrow.

My friend, I'm not here to run with your Money!
So, I accept escrow and cover it's cost as well! But the price with escrow is 0.85 BTC/slot.
I can accept 16x Antminer S1 escrow per 10 days.
I order them, Install them, and provide the Picture, Then you release.
I see that you are a big Antminer customer so it's my pleasure to partner with you.

[sepehr]

You can also order and Host Antminers with us.

In this case we just Host your Antminer(S1 or S2) and provide electricity and Internet access to it and you do the Mining managment your self.

Please follow the following link to proceed to Antminer Hosting:

http://www.forgeco.in/clients/

At the end of contract Antminers can ship anywhere with costs covered with you according to local custom regulation.

You should not install any third party software on Antminers.

[lenny_]

Thank you for clarification. I'll be watching this thread.

[sepehr]

ForgeCoin Asset was Initially offered to public at the NXT price of 12500 NXT/ForgeCoin Asset.

As the price of NXT now more stabilized at about 7000 Satoshi/NXT now we amended our asset price to 11500 NXT/Asset.

The BTC Price will be 0.765/Asset until 15th Jun.

Also if the price of S1 Antminer reduced significantly we may change the BTC price as well.

First Batch ordered but is not shipped yet and we will update whenever it shipped.

 

[sepehr]

PRICE OF NXT ASSET AMENDED

MAY 14, 2014

ForgeCoin Asset was Initially offered to public at the NXT price of 12500 NXT/ForgeCoin Asset.

As the price of NXT now more stabilized at about 7000 Satoshi/NXT now we amended our asset price to 11500 NXT/Asset.

The BTC Price will be 0.765/Asset until 15th Jun.

Also if the price of S1 Antminer reduced significantly we may change  the BTC price as well.

First Batch ordered but is not shipped yet and we will update whenever it shipped.

[sepehr]

BATCH ONE SHIPPED, SECOND BATCH ORDERED

MAY 14, 2014

Batch one shipped from China This is the AWB:

http://www.dhl.com/content/g0/en/express/tracking.shtml?brand=DHL&AWB=3439623692%0D%0A

Also second batch of 4xS1 Antminers ordered.

[sepehr]

Just to update that 8 Corsair PSU for First Batch is ordered and ready to ship to factory.

You can see their picture on the persian carpet below:


8xPSU on Persian Carpet

Also 3rd Batch of 6xS1 Antminers ordered.

2nd Batch not shipped yet, First batch on it's way.

[sepehr]

PRICE OF NXT ASSET AMENDED TO10.9K/ASSET AGAIN!

MAY 15, 2014

As the price of NXT now more stabilized at about 7000 Satoshi/NXT now we amended our asset price to 10900 NXT/Asset.

The BTC Price will be 0.765/Asset until 15th Jun if S1 Antminer price not changed significantly.

[MrWDunne]

Get in your car, drive to facility, take photos of facilities. Make yourself in one of the photos and include a heavily watermarked (black out un-necessary details) of your passport/dl as well as some sort of contract for the lease and people may take this seriously.

[sepehr]

Get in your car, drive to facility, take photos of facilities. Make yourself in one of the photos and include a heavily watermarked (black out un-necessary details) of your passport/dl as well as some sort of contract for the lease and people may take this seriously.

I'm Back from facility and now see your post!
I'v got some pics from there and will update soon.
I hope people take this serious.

[MrWDunne]

Get in your car, drive to facility, take photos of facilities. Make yourself in one of the photos and include a heavily watermarked (black out un-necessary details) of your passport/dl as well as some sort of contract for the lease and people may take this seriously.

I'm Back from facility and now see your post!
I'v got some pics from there and will update soon.
I hope people take this serious.

Do as I said and people will take you seriously.

Otherwise you are just another person waiting to screw everyone over.

[sepehr]

I was at the Factory today. Everything going smooth. We have rented a suit in a factory that have 400 Amp, Three phase, Industrial power. We can use 300 Amp of it's capacity. Internet connection planned to be connect on Saturday. Cabling takes more time but we can start our first Stack with current cabling. I have got some pictures from Power station of Factory, Just behind the suit:

Power Station Panel


Please pay attention to numbers:

400 Amp x 3 Panel


400 Amp Copper Blades  


Also pay attention to Copper Blades under the station! It's really huge! I don't know exactly we can use 3x300Amp simultaneously or not that will consult an expert to find out. By the way the current project assumed to use 300 Amp of it for 175 S1 Antminers and the current suit is enough for that. Also here is our first empty stack get ready for first Batch:

Empty Stack


4 Antminers designed to locate on each Blade and 32 Antminers per stack. So, 6 Stacks will cover our current project. Huge Fans also prepared to conduct the hot air outside the suit. I estimate that we can have First stack mining on the facility on Monday and I can show you their Hash rate! I will take a video of that and showing ForgeCoin Logo Also in it.

[sepehr]

Get in your car, drive to facility, take photos of facilities. Make yourself in one of the photos and include a heavily watermarked (black out un-necessary details) of your passport/dl as well as some sort of contract for the lease and people may take this seriously.

I'm Back from facility and now see your post!
I'v got some pics from there and will update soon.
I hope people take this serious.

Do as I said and people will take you seriously.

Otherwise you are just another person waiting to screw everyone over.

Sorry I don't get exactly what you are saying.
See I don't want to open my exact name, my face and factory location and ..., So what you suggest?
I will do it!

[MrWDunne]

Get in your car, drive to facility, take photos of facilities. Make yourself in one of the photos and include a heavily watermarked (black out un-necessary details) of your passport/dl as well as some sort of contract for the lease and people may take this seriously.

I'm Back from facility and now see your post!
I'v got some pics from there and will update soon.
I hope people take this serious.

Do as I said and people will take you seriously.

Otherwise you are just another person waiting to screw everyone over.

Sorry I don't get exactly what you are saying.
See I don't want to open my exact name, my face and factory location and ..., So what you suggest?
I will do it!

You're essentially talking about hosting peoples hardware. They need to know name and face. Factory location does not need to be revealed however (and shouldn't be, for security reasons)