►► [COINSPEED] ►► Advanced Bitcoin Mining Project ►

[CoinSpeedProject]

http://coinspeed.net/images/coinspeedlogo.png

Welcome to CoinSpeed - Advanced Bitcoin Mining Project

Cryptostocks: https://cryptostocks.com/securities/140

Coinspeed will focus on SHA256 mining since the profitability is more consistent and predictable.


OUR TEAM
Behind Coinspeed, there is a dedicated team that has already led a number of successful mining operations ever since the beginning of 2013. Majority of these operations had been for private use, and this is the first time we decided to offer it to the public.

Our goal is to make mining available and cost effective for everyone. Since there are many difficulties that beginner miners have to face, this type of mining operations had became more popular in the last months. We were watching the entire Bitcoin securities scene very closely since the Bitcoin boom in the late 2013. What we have concluded over time is that there are many projects available, but only a few have a capable and transparent team behind it.

Coinspeed’s main goal is to offer opportunity for people to invest in Bitcoin mining without having to invest a great amount of money, time and work in running a private project. High cost of the equipment, expensive electricity bills, need for sufficient power supplies and cooling systems are all our concerns.

Our experience in mining operations gives us the opportunity and confidence to offer you stable, reliable and trustworthy investment, with a team that has already successfully dealt with different mining issues and problems many times in past projects.


MINING INFORMATION PHOTOS HERE
Coinspeed will focus on SHA256 mining since the profitability is more consistent and predictable.

Our experience, devotion and mining knowledge combined with cutting edge 28nm ASIC tehnology makes this mining project highly effective. Our miners are situated in special rooms equiped with high grade cooling system and constant surveillance which allows us to exploit maximum mining potential of our hardware.

Mining configurations that we are using have been tested and reconfigured multiple times in past projects so we can be certain of their performance in Coinspeed project.

It’s important to mention that 20nm ASICs have already been ordered and we are expecting them in a reasonable period. Smaller ASIC chips offer better performace with lower costs.

Scrypt based mining is not available at the moment, but we plan to introduce it as soon as it becomes profitable. Hardware prices at this moment are still too high for it to be profitable long-term.

We plan to add at least 1 TH to mining farm every month to be certain that the project will successfully keep up with constantly changing Bitcoin mining difficulty. This will also ensure consistent dividend payout for our shareholders and keeping the project profitable for reinvestment.

Our current hash rate is around 15.6 TH/s (+- 5%) and our goal for the end of 2014 is at least 20TH solely from mining profits.
We plan to use IPO funds to reinvest in the project and to enlarge our farm with additional 20nm ASIC miners.

CoinSpeed mining equipment:

90 x ASIC Module (Bit100) – every module gives around 175 GH/s
15 x Controller Board (Bit250)
90 x Arctic i30 Cooler (Each for one ASIC Module)

Six ASIC modules connected on one controller board is around 1000 GH/s +-5%. Using one 1200W power supply.

8 x Cooler Master V1200 (80 Plus Platinum – 1200W)
6 x Corsair AX1200 (80 Plus Gold – 1200W)
1 x Corsair HX1050 (80 Plus Gold – 1050W)
1 x Corsair CS750M (80 Plus Gold – 750W)

Switches: 4 x D-Link DGS-1008G (8-Port Gigabit Desktop Switch)
Routers: 2 x TL-WR1043ND
Internet: 100mbps download/upload


INVESTING INFORMATION
IPO will last 7 weeks, and it will be divided into share sale phases

Phase 1 (two weeks) – 15,000 shares at 0.0015 BTC
Phase 2 (two weeks) – 15,000 shares at 0.0020 BTC
Phase 3 (three weeks) – 15,000 shares at 0.0025 BTC

Market will be opened after Phase 3, and all unsold shares will be kept for later offers.

Cryptostocks: https://cryptostocks.com/securities/140

Dividends

Mining profits will be used to pay out dividends to shareholders, for hardware reinvestment and maintenance expenses.
65% of profit goes to shareholders
25% of profit goes for new hardware
10% of profit goes for maintenance fees (electricity, surveillance, etc.)

Dividends will be paid out every 5 days and we have decided to go with constant dividend payout. This will allow our shareholders to receive equal amount of payout and accurate calculation of investment return. It doesn’t matter how many shares are sold, investors will always receive promised dividend.

Approximate payout (every 5 days) is 0.0000426 BTC per share

After the 20nm technology arrives and it’s added to farm, we will increase dividend payout per share.


CONTACT INFORMATION

General Questions
info@coinspeed.net

Mining Inquires
team@coinspeed.net

Sales Support
ipo@coinspeed.net

Website
http://coinspeed.net

Twitter
@CoinSpeedNet

Cryptostocks
https://cryptostocks.com/securities/140

[superresistant]

Show the bills & pictures of the hardware or GTFO.

[CoinSpeedProject]

Photos of hardware are being prepared, and it will be posted tomorrow. We are unfortunately still waiting for web designer to optimize them and incorporate them into website.

[VampiricElder]

Dvidends will be paid out every 5 days and we have decided to go with constant dividend payout. This will allow our shareholders to receive equal amount of payout and accurate calculation of investment return. It doesn’t matter how many shares are sold, investors will always receive promised dividend.

Approximate payout (every 5 days) is 0.0000426 BTC per share

Just to confirm, does this mean it doesn't matter if there are 400 shareholders or 40000, the dividend payment will always be approximately .0000426 btc per share? Or am i wrong?

[jayc89]

You're miles off the money here. There is still a profit in bitcoin mining when done right, but this isn't it. It sounds like you're running this out of a spare room, that isn't "Advanced Bitcoin Mining" by any stretch of the imagination.

[RiverBoatBTC]

I am about to background investigate you, so if you have anything to hide better fess up to it now.

[RiverBoatBTC]

Why no digital foot print?

Looks like a scam, smells like a scam

[CoinSpeedProject]

vampric - exactly. We have decided to go this way since in a long term is much profitable for shareholders.

jayc89 - we are sorry you think this way, but we are certain that with time you will change your mind.

RiverBoatBTC - we are aware that your project and mission is to unfold scams, but it's not nice to spread false information without first checking with project owners and doing your some background check.

Since members here have trust in you and your project, we think that you are the perfect person to verify our legitimacy. We have sent you order/bill for hardware on PM, so please check it out and change your posts accordingly.


http://coinspeed.net/images/miners/IMG_7236_800_533.JPG
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We will post pictures of KNC interface in a few days

First dividend will be paid out in 3 days.

[RiverBoatBTC]

He sent me a picture of a Purchase order,

In no way did it identify him or coinspeed.

I requested pictures of him holding a I.D. and then pictures of the I.D. next to the purchase order.
If he sends those items I will be happy with his Identity and claims.

[CoinSpeedProject]

Riverboatbtc - You didn't even check information on Cryptostocks listing and compared it to information on KNC receipt. We made a mistake trusting you. Now, we have done proper research on you, and its obvious that you are not person of trust. Sending of an ID to you is not an option in any way. There is no way of knowing who you are because you are hiding behind nick, whois guards and such.

Since you have your own IPO's, it seems that you are spreading false information and accusations without any proof in other peoples projects so you could market your own project and build a false trust from members who don't do a proper check on you. We have made that mistake at first.

We don't have time for your games, agendas, or whatever is that you do. Our main focus is CoinSpeed and it's shareholders, and also there is no need mentioning it, but we have regular lives, kids and family to attend to.

Please do not troll our official thread. Thread is unmoderated, because we want to be transparent.

Members - Please do your own reasearch on every project before investing in it. Don't trust other members! Your own due dilligence is a must!

Regarding our verification and legitimacy - we have done much more than most of the projects on the forum and Cryptostocks

Our verification on Cryptostocks is Premium; ID and utility bill (address verification) have been sent to CS team. Our project manager information is openly posted on our Cryptostocks listing.

You can check that here (Verification tab - need to be CS user): https://cryptostocks.com/securities/140#verification

We apologize for later posting of miner pictures and bill, but we waited for tech to prepare them for public posting (need to ensure they will not be used elsewhere for scams and such).

Bill for miners (information can be checked on Cryptostocks listing - Verfication tab)

http://coinspeed.net/images/miners/order.jpg

We are being transparent as much as we can, and if you are even a bit suspicious, please do not invest. This relates to any project in any niche.

Again, please do your own research on every project before investing in it and always keep in mind that every investment comes with a risk, so don't invest more that you can afford to lose.

Feel free to contact us on team@coinspeed.net or post here if you have any questions

We would like to remind that first dividend payout is in 2 days.

Thanks

[NotLambchop]

With "issuers" on CS going KTHXBI and vanishing, this shit doesn't fly quite as well as it used to.

But that's irrelevant.  Only an idiot would start investing in small mining operations, purchasing gear @retail, regardless of legitimacy.
Imminent speed/difficulty growth is making even large mining concerns, mining with self-manufactured miners, unprofitable.  Or, rather, profitable for the "issuers" and ruinous for the "investors."

Do not want.

[RiverBoatBTC]

Riverboatbtc - You didn't even check information on Cryptostocks listing and compared it to information on KNC receipt. We made a mistake trusting you. Now, we have done proper research on you, and its obvious that you are not person of trust. Sending of an ID to you is not an option in any way. There is no way of knowing who you are because you are hiding behind nick, whois guards and such.

Since you have your own IPO's, it seems that you are spreading false information and accusations without any proof in other peoples projects so you could market your own project and build a false trust from members who don't do a proper check on you. We have made that mistake at first.

We don't have time for your games, agendas, or whatever is that you do. Our main focus is CoinSpeed and it's shareholders, and also there is no need mentioning it, but we have regular lives, kids and family to attend to.

Please do not troll our official thread. Thread is unmoderated, because we want to be transparent.

Members - Please do your own reasearch on every project before investing in it. Don't trust other members! Your own due dilligence is a must!

Regarding our verification and legitimacy - we have done much more than most of the projects on the forum and Cryptostocks

Our verification on Cryptostocks is Premium; ID and utility bill (address verification) have been sent to CS team. Our project manager information is openly posted on our Cryptostocks listing.

You can check that here (Verification tab - need to be CS user): https://cryptostocks.com/securities/140#verification

We apologize for later posting of miner pictures and bill, but we waited for tech to prepare them for public posting (need to ensure they will not be used elsewhere for scams and such).

Bill for miners (information can be checked on Cryptostocks listing - Verfication tab)



We are being transparent as much as we can, and if you are even a bit suspicious, please do not invest. This relates to any project in any niche.

Again, please do your own research on every project before investing in it and always keep in mind that every investment comes with a risk, so don't invest more that you can afford to lose.

Feel free to contact us on team@coinspeed.net or post here if you have any questions

We would like to remind that first dividend payout is in 2 days.

Thanks

Just STFU I have had it with you asswipes Your dumb as fucking dirt

---------- Forwarded message ----------
From: <customerservice@cryptostocks.com>
Date: Tue, Jun 17, 2014 at 9:39 AM
Subject: RE: coinpal
To: Bitcurity <bitcurity@gmail.com>



I am all ears. Neither myself nor my partners are from the US so we are obviously not aware nor have access to  such background check possibilities. I would be very much interested to further discuss how your service could be integrated to our platform in order to further reduce possible frauds and scams.

As for Coinpal in specific, Coinpal was listed before we enforced the premium verification for all projects listed, and hence Coinpal has in fact the option to stay anonymous. With the new requirement that everyone who now lists a project gets their name and address published, the information is available for any investor to do their own background checks.

My major concern here is, if we put up a listing preconditions that says, e.g. no criminal record in the US then we are singling out the US citizens whilst any criminal from any other country can get away with it. In addition, what if a mistake was made during the background check and later a fraudster runs away with the funds from listing a project, we will probably making our platform more exposed to legal risks as people will assume and claim that background checks were made by us and based on our investigation they made their investment decisions. As such, a background check would be something we only do without even publishing that we do in fact perform it.

If we were to further discuss this topic, I would need to know that
1. these background checks are being performed in a legal manner
2. you are in fact authorized to perform such background checks and use only tools that are allowed to be used

How would your service look like? I could envision something like this
 - I email you the copy of the ID (typically a driving license is provided)
 - you perform the background check with a summary info such as the one you provided in the email

The tricky part is what is the "filter" for allowing people with a criminal record, e.g. someone convicted of stealing a handbag 10 years ago, and since then has been an honest citizen, would that pass? Where to draw the line will be a challenge to work out.

Let me hear your thoughts.

Best regards
Your Cryptostocks Team

They know the system is broke and does not work you dummy, they asked me to start looking into IPO's for them. Guess which one I am going to tell them to de-list first?

http://www.fake-id.bz/

But... But... I have my address verified.
http://www.mailboxforwarding.com/

Your not being transparent as you can be, cryptostocks loves people like you its a free bitcoin. Keep up with your stupid shill accounts, I know its a you a little birdy told me.

[c2m]

@CoinSpeedProject
Hi, thanks for your offer, let me just ask some questions to clarify your offer:
1) How do you expect to make any ROI for investors, if you bought 15TH for 51k ==> 1TH @ $3400 ?
2) You are selling 45k shares @ 0,0015/0,002/0,0025btc which equals roughly over 50k @ $560/BTC ==> does it mean you are in fact selling us your overpriced KNC neptunes ?
3) You are offering roughly 0,0002556btc/share/month or 0,76btc profit for 1TH (3000 shares). Cost of 3000 shares is around 4,5btc per your prices in 1st round ==> even if your dividend stays the same every 5 days for next 6 month (it wont), I would end up breaking even within 6 month ==> why would any investor does that ? I mean I am noob in mining, but from what I have understood quickly is this is fast moving business - 6 months is too long for BE.

IMHO:
- you might increase reinvestment allocation percentage to at least 50% of revenue to be able to buy more hashrate.
- you might not be able to stay in the game over expected increasing diff jumps if you plan to add only 1TH/month - in my noob calc it is needed to increase hash rate at least 1/3 to 1/2 of total hash rate every 1-2 month to stay in the game. I am not saying I am right - just my op

Anyway, thank you for sincere reply and GL with your project!

@RiverBoatBTC
Thanks for interesting due diligence !

[CoinSpeedProject]

c2m - Thanks for the interest and concrete questions

1) Next batches of miners are going to be much cheaper. We arranged special deal because of past sales
2) We are offering investors a way to invest in mining without buying, configuring and maintaining their own mining hardware. Looking at long term it's much better option for interested investors. 20nm ASIC hardware is already on its way.
3) Investors will break even probably before 6 months because we are planning multiple bonus dividend payouts. Constant/minimal dividend payout ensures regular payouts.
Why?
We are paying constant dividends to sold shares (number of sold shares is irrelevant in this case, shareholders will always get the same or larger payout), rest of the profits that would go to shareholders (to shares that are not sold, but issued) are kept in separated fund so we can be certain and assure shareholders that they will receive constant and regular payout every 5 days. 

6 months ROI is very short time in legit and real securities. Take a look at projects that promised faster ROI. How many did it succeed?

We tought long and hard on how to set up project (looking at other securites and their successes or failures), and we are certain that this is the best possible approach at this time.

We are also planning on adding more hash power (besides regular +1TH per month), which will keep us profitable for a long time. 20nm technology should give us even better profitability and raise of constant dividend payout.

Feel free to ask if you have any additional questions.


Tomorrow is first dividend payout day. At this moment there are 1,752 shares already sold.

Big thanks to our shareholders for trust they showed us.

[shawshankinmate37927]

c2m - Thanks for the interest and concrete questions

1) Next batches of miners are going to be much cheaper. We arranged special deal because of past sales
2) We are offering investors a way to invest in mining without buying, configuring and maintaining their own mining hardware. Looking at long term it's much better option for interested investors. 20nm ASIC hardware is already on its way.
3) Investors will break even probably before 6 months because we are planning multiple bonus dividend payouts. Constant/minimal dividend payout ensures regular payouts.
Why?
We are paying constant dividends to sold shares (number of sold shares is irrelevant in this case, shareholders will always get the same or larger payout), rest of the profits that would go to shareholders (to shares that are not sold, but issued) are kept in separated fund so we can be certain and assure shareholders that they will receive constant and regular payout every 5 days. 

6 months ROI is very short time in legit and real securities. Take a look at projects that promised faster ROI. How many did it succeed?

We tought long and hard on how to set up project (looking at other securites and their successes or failures), and we are certain that this is the best possible approach at this time.

We are also planning on adding more hash power (besides regular +1TH per month), which will keep us profitable for a long time. 20nm technology should give us even better profitability and raise of constant dividend payout.

Feel free to ask if you have any additional questions.


Tomorrow is first dividend payout day. At this moment there are 1,752 shares already sold.

Big thanks to our shareholders for trust they showed us.

Where is this operation located?

[CoinSpeedProject]

shawshankinmate - project is located in Netherlands, Amsterdam area

First dividend has been paid out, and its larger than we announced. We will continue to reward shareholders as much as it's possible at the given moment. Thank you

Total dividend: 0.15999264 BTC
Number of shares: 2,628
Dividend per share: 0.00006088BTC

[RiverBoatBTC]

This is a classic trap, pay high div's for nothing. Then get people greedy then run, please people be wary.

[CoinSpeedProject]

►► CoinSpeed ►► Phase 1 lowest price ► Only 6 weeks of IPO left


One week left to buy our shares at lowest price.

Our next dividend payout is July 02.

At this moment there are 4,452 shares already sold.

Big thanks to our shareholders for trust they showed us.

Phase 1 will last for one more week and there will be only 15.000 shares at 0.0015 BTC!

[RiverBoatBTC]

What happens if all shares are not sold?

[CoinSpeedProject]

Like we mentioned it in our thread and on Cryptostocks:
 
Market will be opened after Phase 3, and all unsold shares will be kept for later offers.


At this moment there are 4,684 shares already sold.

6 days  left to buy our shares at lowest price.

Our next dividend payout is July 02.

Phase 1 will last for 6 more days and there will be only 15.000 shares at 0.0015 BTC!

Thank you for your trust