[ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.

[BITDV]

Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC.. 

Nice and good Job!!

[qiwoman2]

Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC.. 

Nice and good Job!!

Awe thanks Also thanks to the great DIEM DEVS we soon will have our block explorer and rich list up so coinmarketcap here we come.. Then we can open registration for our Bagholders..

Here are our DIEM Friends..very helpful and can do lots of cool things!

https://bitcointalk.org/index.php?topic=588310.0

[qiwoman2]

BLOCK EXPLORER IS UP..

I will add to the OP after I take a break..

http://crypto2.net/qibuck/

Thanks to the DIEM DEVS..

[BITDV]

BLOCK EXPLORER IS UP..

I will add to the OP after I take a break..

http://crypto2.net/qibuck/

Thanks to the DIEM DEVS..

oh oh I see me on the list  
And it looks nice the explorer!!

[poornamelessme]

Pretty nice job with the explorer + rich list there. Surprised more folks don't have their coins in their wallets though... really need that dividend thing set up soonish. No wonder there has been so much sell pressure, as I guess people have kept tons of coins on the exchange, over half of the existing supply evidently.

[jiapetz]

I would like to get the opinion of both the QBK team and the community as a whole on something. Earlier this evening I was
giving some thought to ways in which we might start bringing income in sooner rather than later. Around the same time, I
was also checking my Bitcoin wallet and noticed that I'd received my daily earnings from NiceHash.com, where I rent my own
meager Scrypt hashing power when I'm not using my gridseeds.

Then it occurred to me...

I have proposed to the team that we purchase a couple of ASIC miners - at least 1 TH/s apiece - that could be used to
generate an income in any one (or combination) of three ways:

1. We use them to mine BTC directly.
2. We use them to mine any likely looking SHA-256 coins that come out.
3. We rent out the hashing power through NiceHash.com or similar outfit.

So whether we're mining or we're renting out the hashing power, we're still generating income.

What are your thoughts?

I've been looking at the following miner:

http://www.bitcrane.com/goods.php?id=1

I welcome any advice / suggestions.

Thanks!

Cynthia

I don't think 1terahash rigs are profitable anymore after you account for the high power usage and the fact that you need to get like 30 of them to get some sort of ROI (this is not taking into account electricity, fees and whatnot). Even these cheap 6terahash rigs coming out are giving out poor ROI's (something like 5 months without accounting for difficulty increase).

If you're going the route of using mining as a source of ROI, then go for the new scrypt ASIC's. See if you can find someone with a GAW vaultbreaker preorder willing to resell to you. There's also cloud scrypt mining that you can purchase in the form of shares or yearly contracts. I've done the math for these before and you can get 4-6 month ROI's after accounting for difficulty increases of LTC and decreases in profitability over time.

Try using this: https://bitcoinwisdom.com/litecoin/calculator

Set difficulty increase to 2% (should be more like 5% but I reduce it a bit because we want to mine the most profitable scrypt coin rather than LTC). Pool fee is 2%, and the power usage, hashrate, and price you should be able to fill in yourself depending on the rig you're looking at. Remember that you have to pay electricity costs PER UNIT, so it's much more cost efficient to buy a few big rigs, rather than a bunch of small ones, even if the price and hashrates come out the same.

Hope this helps you guys out a bit.

[qiwoman2]

Pretty nice job with the explorer + rich list there. Surprised more folks don't have their coins in their wallets though... really need that dividend thing set up soonish. No wonder there has been so much sell pressure, as I guess people have kept tons of coins on the exchange, over half of the existing supply evidently.

We are working on things day in day out..because all the Team are in different time zones and some have other duties sometimes things take longer than anticipated but I think already in a few days we got quite a bit done. I can't as more from our Team really. They are doing their best. If anyone wants to come behind the scenes and sees what it takes to run an honest coin believe me I don't everyone would want this job lol.  For the last week I have barley slept more than a 4 hour stretch at a time and I still want to get things done faster. We are doing what we can. If people want to sell of their coins cheap it's o.k for now. When people see what we are all about the price will rise organically as we progress weekly.

[qiwoman2]

I would like to get the opinion of both the QBK team and the community as a whole on something. Earlier this evening I was
giving some thought to ways in which we might start bringing income in sooner rather than later. Around the same time, I
was also checking my Bitcoin wallet and noticed that I'd received my daily earnings from NiceHash.com, where I rent my own
meager Scrypt hashing power when I'm not using my gridseeds.

Then it occurred to me...

I have proposed to the team that we purchase a couple of ASIC miners - at least 1 TH/s apiece - that could be used to
generate an income in any one (or combination) of three ways:

1. We use them to mine BTC directly.
2. We use them to mine any likely looking SHA-256 coins that come out.
3. We rent out the hashing power through NiceHash.com or similar outfit.

So whether we're mining or we're renting out the hashing power, we're still generating income.

What are your thoughts?

I've been looking at the following miner:

http://www.bitcrane.com/goods.php?id=1

I welcome any advice / suggestions.

Thanks!

Cynthia

I don't think 1terahash rigs are profitable anymore after you account for the high power usage and the fact that you need to get like 30 of them to get some sort of ROI (this is not taking into account electricity, fees and whatnot). Even these cheap 6terahash rigs coming out are giving out poor ROI's (something like 5 months without accounting for difficulty increase).

If you're going the route of using mining as a source of ROI, then go for the new scrypt ASIC's. See if you can find someone with a GAW vaultbreaker preorder willing to resell to you. There's also cloud scrypt mining that you can purchase in the form of shares or yearly contracts. I've done the math for these before and you can get 4-6 month ROI's after accounting for difficulty increases of LTC and decreases in profitability over time.

Try using this: https://bitcoinwisdom.com/litecoin/calculator

Set difficulty increase to 2% (should be more like 5% but I reduce it a bit because we want to mine the most profitable scrypt coin rather than LTC). Pool fee is 2%, and the power usage, hashrate, and price you should be able to fill in yourself depending on the rig you're looking at. Remember that you have to pay electricity costs PER UNIT, so it's much more cost efficient to buy a few big rigs, rather than a bunch of small ones, even if the price and hashrates come out the same.

Hope this helps you guys out a bit.

Thanks for this great info..I am passing it on to the team.. We are probably not going to buy but just rent for now.

[BBmodBB]

Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC.. 

what is ATM machine shares? lmfao 

[qiwoman2]

Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC.. 

what is ATM machine shares? lmfao 

Cashless Bitcoin atm machines..

[silverkinguk]

You never used Bitcoin ATM BB?

[qiwoman2]

Our rich list is looking interesting.. 

http://crypto2.net/qibuck/wealthiest.php

[youseeberkeley]

Gawminer's Hashlets seem like a good investment, at $16/MHs of cloudmining Scrypt, cheapest option atm that I can find.

Also, I need 34 qbk to get on the rich list grrrr.

http://gawminers.com/pages/hashlet

[BITDV]

Gawminer's Hashlets seem like a good investment, at $16/MHs of cloudmining Scrypt, cheapest option atm that I can find.

Also, I need 34 qbk to get on the rich list grrrr.

http://gawminers.com/pages/hashlet

I have 5 mhash running there not long but looks easy

[armin22]

Gawminer's Hashlets seem like a good investment, at $16/MHs of cloudmining Scrypt, cheapest option atm that I can find.

Also, I need 34 qbk to get on the rich list grrrr.

http://gawminers.com/pages/hashlet

I have 5 mhash running there not long but looks easy

Is it monthly payments or one time payment?

[TooDumbForBitcoin]

Take all the remaining ICO funds and do this:

https://bitcointalk.org/index.php?topic=721006.msg8398151#msg8398151

[armin22]

Take all the remaining ICO funds and do this:

https://bitcointalk.org/index.php?topic=721006.msg8398151#msg8398151

That's too ez for us.

[BITDV]

Gawminer's Hashlets seem like a good investment, at $16/MHs of cloudmining Scrypt, cheapest option atm that I can find.

Also, I need 34 qbk to get on the rich list grrrr.

http://gawminers.com/pages/hashlet

I have 5 mhash running there not long but looks easy

Is it monthly payments or one time payment?

Monthly

[chilly2k]

Our rich list is looking interesting.. 

http://crypto2.net/qibuck/wealthiest.php

  The #1 address has got to be Poloniex.   

[qiwoman2]

Take all the remaining ICO funds and do this:

https://bitcointalk.org/index.php?topic=721006.msg8398151#msg8398151

That's too ez for us.

This guy has no business being on a dev team of a serious coin. Had i known he was involved in this project i wouldn't have considered it. Someone please assure me this kid has no direct access to the btc? What an embarrassment

Please bare with us we train our Team. We want people in all age groups and back rounds involved but of course no one in this world is perfect. Being much older myself and a Mother I believe it is good to give the Younglings a chance to develop and grow in a positive space. Access to the BTC is all in POLONIEX and when we make an investment it is decided by the whole team first. We apologize for any inconvenience and please be patient with us as we try to perfect our business model and modicum of conduct on the forums and other outlets. We will aspire to the highest levels of professionalism and we will take note of any indiscretions and sort out accordingly.