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Question: Should there be an auto 10% deduction from Profit share to be used to buy more miners?
Yes - 6 (100%)
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Author Topic: [ANN][FIRE] FireCoin- 97K Fire - POS - Developer leaving  (Read 78343 times)
*Sakura*
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September 21, 2014, 06:55:12 PM
 #661

Looking forward to the release of your new coin. I'm sure it will be a successful project.
lider1971
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September 21, 2014, 07:23:01 PM
 #662

I received my mining profit share.  Smiley

Thanks tom14cat14
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September 21, 2014, 08:57:35 PM
 #663

Looking forward to hearing more brother.......hopefully this next coin won't entirely rely on the community!  I know that was a test for you and even though it didn't work out nobody can complain as you have been nothing but straight forward with your intentions.

Personally I will be doubling my Fire holdings from the Trader I sold....will likely get more in short order but I should at least be able to double them.


Nope it will not rely on the community. That is what TRDR was for and it taught me what people want. They want the developer to make them money and I really think this next coin will have a good chance of it. TRDR was thrown together in about 2 days. This coin I have been working on for two weeks or so now. I planned to pre ANN it tomorrow but I think I will have to delay maybe up to a week. I want to make sure pretty much everything is done before I announce the coin. I also am keeping this coin pretty close to the chest not telling info about it.

Cool man, looking forward brother!!  Personally I try to only get involved with coins that have a trusted dev, or at least appear to anyways.  You are certainly one I hold in high regard so pumped to see what you come up with!

Replied to your post on the "bitch" thread and forgot to say........stop your bitchin lol:-)
tom14cat14 (OP)
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September 22, 2014, 07:23:55 PM
 #664

We have received a few more enrollees. We are now at 51,537 Fire enrolled or 52.82% of all Fire are enrolled in the profit Program.

For those that are new to the program or anyone that has forgotten. I post the Payout amount for the miner after its maintenance fee on a google spread sheet. https://docs.google.com/spreadsheets/d/1D88Cf0GeTolioKoW3hEfTsO2ntSZGuWHP8BA4BVDPis/edit?usp=sharing

Payouts have gone done a bit which has hurt. The pool payout goes down over time(to be expected) But coupled with the large decrease in BTC price it has really decreased payouts. The maintenance fee GAW charges is in dollars so the lower BTC goes the higher the % of the payout it will take and opposite is true if BTC goes up. Today's maintenances charge was about 33% or .01 BTC.
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September 23, 2014, 05:49:18 AM
 #665

Just curious if anyone knows whos address this is: http://richlists.net/firecoin/search.php?id=F6nJY4by96CPnNDSadVkHVj8CeN29ivqQX

I guessing one of the exchanges?

High Volume, Secure Bitcoin Mixer: https://CoinMixer.net
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September 23, 2014, 05:56:03 AM
 #666

I would def think is an exchange, that's a whole lot a fire:-)
tom14cat14 (OP)
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September 23, 2014, 05:59:49 AM
 #667

Just curious if anyone knows whos address this is: http://richlists.net/firecoin/search.php?id=F6nJY4by96CPnNDSadVkHVj8CeN29ivqQX

I guessing one of the exchanges?

I could tell you but then I would have to shoot you! Grin
Brokers
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September 23, 2014, 06:03:56 AM
 #668

I will see if i can enrol in the profit share.
tom14cat14 (OP)
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September 23, 2014, 06:06:27 AM
 #669

I will see if i can enrol in the profit share.

I am sure you can do it. All it takes is an email with required info.  Tongue
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September 23, 2014, 04:13:05 PM
 #670

Payouts will be tomorrow. Make sure you get signed up.
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September 23, 2014, 04:15:52 PM
 #671

I am going to open the profit share back up after the next payment. You can apply via the email but you will not be eligible for this round of payments. This will be left open from now on. There will be no deadline to apply. (subject to change)

Announcing Mining Profit share

We have created a profit share program where you need to have 750 Fire to be eligible. You will have to submit what fire address you will be keeping the coins in. You will have to maintain min FIRE to be eligible for payment. Your payout will be a percentage of how much BTC is mined. Your percentage will be based on your coins vs how many are enrolled in the program. Payouts will initially be every 5 days(Subject to change) until I know how many people will enroll. I will accept donations which will go directly to increasing the hash speed of the group miner. Meaning if you donate your payouts over the long run will go up because we will have a higher hashrate.

Example: You have 1000 Fire enrolled and there are a total of 10,000 Fire enrolled in the program. You would then have 10% of the profit pool. So if the payout is .5 BTC you would receive 10% of the .5 BTC or .05 BTC for that payment period.

To apply for the profit share program please send an email to firecoinprofit@gmail.com.
Please send your Firecoin address where your minimum coins will be held and BTC address where your profit share will be sent. We are also asking you to send one coin to this address F6DjcrtesYC9PtcT4k29zEJVq6AFWAiEVE along with the tx id to confirm you are the correct owner of this account. Then please inform whether you want the coin returned or if your would like them added to the donation pot for hash upgrade.

I will be updating BTC payout for the pool here- https://docs.google.com/spreadsheets/d/1D88Cf0GeTolioKoW3hEfTsO2ntSZGuWHP8BA4BVDPis/edit?usp=sharing

So why would I enroll and not just buy my own miner? This will be a continuous payout based on how many Fire you have. You will not have to buy anything. It is beneficial to donate to help buy more hash power. However initial hash is donated by Tom14cat14.

Why should I trust you that you will pay me? I have shown to be trustworthy through all of my actions. ie: Twitter Giveaways, weekly contest for BTC. I have always kept to my word. I also will be paying for this hash power out of my own pocket so the only thing you are risking is buying Firecoin.

Lets bump to current page. I estimate we will have about .1 btc this payout. I also think I will be able to buy another hashlet with what is in the donation pool, It is close.
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September 24, 2014, 03:41:40 PM
 #672

I will be paying out it a little bit.
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September 24, 2014, 03:57:56 PM
 #673

All payments sent. Dispersed 0.102609531 BTC.  We have 46,708 Fire Enrolled today or 47.87%
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September 24, 2014, 06:49:55 PM
 #674

Hey,

Just wanted to let you all know that I have received all of my payments for the enrollment, to date.

Thanks Tom14.

Chris
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September 24, 2014, 11:29:24 PM
 #675

Next dividends received on time as usual. Thanks  a lot, Dev!
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September 24, 2014, 11:48:49 PM
Last edit: September 28, 2014, 07:43:55 PM by Testing Crypto
 #676

#1 - Payment has been received, thanks Tom.
#2 - Also will be helping with redesigning the OP, resizing images & adding new ones in a few days.
#3 - Please add me to the Trello Group Management of FIRE, to keep the community updated with improvements.
#4 - Idea for the charity of FIRE, locate a firehouse in need (or willing to help with a good cause)?
#5 - Locate a few websites for merchants, "Fire & Safety Equipment Online Stores" recommended (trade FIRE for FIRE safety)?
#6 - Adding multiple social sites to get the word out Wink

Edit: Trello has been update & will be kept upto date with FIRE activities Wink

ZwNpPhVYrSrPMS71GLc7TEnbqA9VSZopGn // Gift5YapqsZqSTW8T4S3sCU4sngCkvh4ba // 3Gwc4KzVtuJ9ADnuqzF7XRhSaaE7HkBWpr // 1PAGEHrN62tgUHncGWbbhKe9jhZGXsxFC4
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi {SAT OS hi}
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September 29, 2014, 04:52:21 PM
 #677

I have just posted the latest payment. I will be sending out payments shortly.
tom14cat14 (OP)
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September 29, 2014, 05:09:08 PM
 #678

All payments have been sent. It was a rough week. Some of GAW's new features should benefit us once they get them all working.
*Sakura*
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September 29, 2014, 06:55:13 PM
 #679

All payments have been sent. It was a rough week. Some of GAW's new features should benefit us once they get them all working.


BTC dividends received. Thanks, Tom!

I am also invested in your new coin. Good luck! Smiley
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September 30, 2014, 07:14:33 PM
Last edit: September 30, 2014, 07:37:31 PM by tom14cat14
 #680

And then there was 1.
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