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Author Topic: 3 year mining contract .024 BTC for 277 KH!  (Read 800 times)
frankenmint (OP)
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May 30, 2014, 10:39:11 AM
 #1

Hello Miners!

I run the website, honeybadgerofmoney.com which is a bitcoin adoption and awareness portal to share the joys of cryptocurrency.  I run and manage bitcoin and alt-coin hardware as a full time endeavor.  I was lucky to get in on the groupbuy for Alpha-T and am in Batch 1.  I purchased 2 Viper 90 MH units and have already covered the initial 1/3rd deposit.  

Unfortunately, due to circumstances outside of my control, I cannot cover the remaining 2/3rds payment within a timely manner for my order and as such

For Sale Now!:  277.77KH (3 year contract) = .024 BTC

--= FAQ =--

Why should I trust you?

I've been doing this for a quite a while and am well known throughout the BTC community and there is this too:



Is this worth it?

Absolutely!  The cost you could expect to pay for a Gridseed small miner is about 50-60 dollars and only see 350 KH, my deal offers you 400 KH + 464 KH as a BONUS!!!  The tradeoff here is that you do not own the hardware but in fact get to use it for 36 months.  There is no cost in electricity though so it does have a high potential likelyhood of achieving ROI - I plan to mine multiple currencies and expect to utilize a larger pool for consistent payouts


What is your mining strategy?

Lately I've been using Scryptguild because of the robust features and allegiance to Btcguild - however I am open to changing over to a more popular pool like suchpool.pw or Ghash.io multipool

When will mining start?

I will begin mining once units are received.  They will be running and maintained in a secure, cool, location.  

How often will payments be issued?

I will issue payments 3 times a week: Mondays/Wednesdays/Fridays and will be reachable via Bitcointalk, Reddit, IRC, and honeybadgerofmoney.com.  I have decided to offer payments in one of the 3 following - BTC/LTC/Doge (I may be willing to work out other payout types but that is left to my discretion)

How much Hashrate is available for purchase?:

I am offering a guaranteed 333.33 MH of hashrate out of my 500 MH - this is being split into 277.77 KH Shares where ownership and lifetime payouts will be displayed here on a shared google spreadsheet, If I cannot sell a minimum of 600 shares then your money will likely be refunded and I will be at a colossal loss.  If I can clear 600 shares but not 1200 then I will do my best to cover the difference myself and claim the majority of the shares while hosing the 600 plus shares of others and issuing the 3x weekly payouts as mentioned previously

How to buy?:

I will accept payments directly here:

BTC: 1J8k5oSgVEmya1ocsJ25pQwrsVdPXH1Qd3

LTC: LhHr8vPMtAg5yzSZqR1z5Q6xEneMVTTkhf

Doge: DTEYqZtBCnxpdWx58ezrB4LyoZMbCVdYGD


Please be sure to save https://docs.google.com/spreadsheet/ccc?key=0AtrkmjqbrjKhdHh2TmdGRk9sZmVNVlV4ZDBKTnZhQ2c&usp=sharing for your own reference on payouts. Open to any questions, thank you for your time!




dothebeats
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May 30, 2014, 11:12:38 AM
 #2

Will you pay in btc?
ashish12
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May 30, 2014, 11:54:46 AM
 #3

seems interesting
but 3 yrs is a long time any assurance for payout for that much time
mnporter2001
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May 30, 2014, 12:07:59 PM
 #4

I am genuinely interested in this however this bit worries me:

If I cannot sell a minimum of 600 shares then your money will likely be refunded and I will be at a colossal loss.

So if you don't sell the 600 you may or you may not give us our money back ?

You will also need to keep updating this thread with the amount of shares sold, but I suspect many of us would wait unit you are at 550 before jumping in, for fear of losing our money.

Cheers
Mark


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frankenmint (OP)
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July 17, 2014, 10:52:28 PM
 #5

I am genuinely interested in this however this bit worries me:

If I cannot sell a minimum of 600 shares then your money will likely be refunded and I will be at a colossal loss.

So if you don't sell the 600 you may or you may not give us our money back ?

You will also need to keep updating this thread with the amount of shares sold, but I suspect many of us would wait unit you are at 550 before jumping in, for fear of losing our money.

Cheers
Mark

I actually closed out the groupbuy and refunded the 3 souls who were brave enough to invest in me and gave them a little bit extra as a token of thanks for their trust.  Sadly - its not even certain if they are a scammy company or not at this point  Cry

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