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Author Topic: BFTBMining: Celebrating 1 Year Of Operation!  (Read 39569 times)
Dr Charles (OP)
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April 19, 2015, 08:06:44 PM
 #61

Greetings,

Please see announcement here: http://bitfromtheblock.com/index.php/forum/project-announcements/22-week-24-project-update#49

Best Regards,
DrCharles
BFTB Director of Operations

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Dr Charles (OP)
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April 21, 2015, 03:59:59 PM
 #62

So far only 6 out of 54 project members have submitted NXT wallet address and public key from their coinsortium email address.

This needs to be completed so BFTB can transfer your shares on Coinsortium over to the new platform.

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April 23, 2015, 01:47:57 PM
 #63

Greetings BFTB,

As of today, BFTB has started the share to asset transfer process on the NXT platform. Please remember to submit both your NXT wallet address AND your wallets' public key if you have not conducted any transactions in the NXT wallet yet. You must download the local desktop client in order to buy and sell assets on the exchange.

You can download the wallet at http://nxt.org/

The delayed dividend will not be completed until the whole project has transferred over to the new platform. If within 2 weeks, a member fails to submit the information necessary to complete the asset transfer, said member will lose their delayed dividend payment and will only be owned dividend payments once they complete the set up. No backlog of dividends will be held for individuals who fail to provide their wallet information in a timely manner.

Best Regards,
DrCharles

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April 26, 2015, 06:15:08 PM
 #64

New project update posted: ​http://bitfromtheblock.com/index.php/forum/project-announcements/25-week-25-update#68

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April 29, 2015, 05:17:29 PM
 #65

Soon everyone will be able to buy hashing power directly with BTC OR XPY and have their assets transferred to the NXT platform Smiley

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May 05, 2015, 11:42:50 PM
 #66

Project FINAL NOTICE:


http://bitfromtheblock.com/index.php/forum/project-announcements/34-bftb-final-notice#94

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May 10, 2015, 03:27:13 PM
 #67

Dividend payment completed: http://bitfromtheblock.com/index.php/forum/project-announcements/46-week-29-project-update#114

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May 26, 2015, 11:16:45 AM
 #68

New Hosted Hardware option from the BFTB Mining Project:

http://bitfromtheblock.com/index.php/forum/project-announcements/98-bftb-hosted-hardware

AntMiner S5 + 30 days of free hosting for $500.

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May 26, 2015, 10:15:10 PM
 #69

How Can You Join?
Currently the project is being hosting through the NXT Asset Exchange. The BFTB project started on Coinsortium but after numerous issues and losing the ability to withdraw funds, we moved to the asset exchange as a mid-term solution. The goal is to finish building our own cloud mining website to host project hash power sales as well as a live market feature to trade.

Option 1:
•First Download the Local NXT Desktop Wallet Cliet from the official website here: http://nxt.org/
•Create a Wallet and SAVE THE PASSPHRASE. If you lose the passphrase you will lose access to youy wallet.
•Download the Blockchain. This may take a while depending on your computer.
•Once you have downloaded the Blockchain, click on the "Asset Exchange" Tab on the left hand side.
•Once on the "Asset Echange" tab, in the upper right hand corner of the wallet, click the button "Add Asset".
•Add the BFTB Asset ID. The BFTB Project Asset ID is: 17932033886660099893
•Now fill your new NXT wallet with NXT and you can purchase mining power on the NXT Asset Exchange.

Option 2:
•First Download the Local NXT Desktop Wallet Cliet from the official website here: http://nxt.org/
•Create a Wallet and SAVE THE PASSPHRASE. If you lose the passphrase you will lose access to youy wallet.
•Download the Blockchain. This may take a while depending on your computer.
•Go to http://bitcoinified.net/mining-store/
•At Bitcoinified, you can purchase mining power directly with BTC or XPY. Once you have made a purchase, you must submit your NXT Wallet Address (and public key if you have not made any other NXT transaction yet) to the BFTB project either through PM, on the BFTB forums at http://bitfromtheblock.com/index.php/forum/index or by email to This email address is being protected from spambots. You need JavaScript enabled to view it.">admin@bitfromtheblock.com and include the Transaction ID of your purchase so we can manually verify reciept of funds.

There is also Option 3 (costs 99 NXT) but worth it:
Goto: https://wallet.mynxt.info/
Signup: ONLINE WALLET and SAVE THE PASSPHRASE (no blockchain download needed)
Click on + Plugin store and purchase "NXT Assets (pro)" for 99 NXT
Now fill your new NXT wallet with NXT and you can purchase mining power on the NXT Asset Exchange (NXT Assets Pro - BFTBMining)
Note: Once installed, a plugin will work with all the accounts in your wallet (i.e. you only need to install a plugin once)

Hope this helps.
Dr Charles (OP)
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May 28, 2015, 12:42:16 PM
 #70

How Can You Join?
Currently the project is being hosting through the NXT Asset Exchange. The BFTB project started on Coinsortium but after numerous issues and losing the ability to withdraw funds, we moved to the asset exchange as a mid-term solution. The goal is to finish building our own cloud mining website to host project hash power sales as well as a live market feature to trade.

Option 1:
•First Download the Local NXT Desktop Wallet Cliet from the official website here: http://nxt.org/
•Create a Wallet and SAVE THE PASSPHRASE. If you lose the passphrase you will lose access to youy wallet.
•Download the Blockchain. This may take a while depending on your computer.
•Once you have downloaded the Blockchain, click on the "Asset Exchange" Tab on the left hand side.
•Once on the "Asset Echange" tab, in the upper right hand corner of the wallet, click the button "Add Asset".
•Add the BFTB Asset ID. The BFTB Project Asset ID is: 17932033886660099893
•Now fill your new NXT wallet with NXT and you can purchase mining power on the NXT Asset Exchange.

Option 2:
•First Download the Local NXT Desktop Wallet Cliet from the official website here: http://nxt.org/
•Create a Wallet and SAVE THE PASSPHRASE. If you lose the passphrase you will lose access to youy wallet.
•Download the Blockchain. This may take a while depending on your computer.
•Go to http://bitcoinified.net/mining-store/
•At Bitcoinified, you can purchase mining power directly with BTC or XPY. Once you have made a purchase, you must submit your NXT Wallet Address (and public key if you have not made any other NXT transaction yet) to the BFTB project either through PM, on the BFTB forums at http://bitfromtheblock.com/index.php/forum/index or by email to This email address is being protected from spambots. You need JavaScript enabled to view it.">admin@bitfromtheblock.com and include the Transaction ID of your purchase so we can manually verify reciept of funds.

There is also Option 3 (costs 99 NXT) but worth it:
Goto: https://wallet.mynxt.info/
Signup: ONLINE WALLET and SAVE THE PASSPHRASE (no blockchain download needed)
Click on + Plugin store and purchase "NXT Assets (pro)" for 99 NXT
Now fill your new NXT wallet with NXT and you can purchase mining power on the NXT Asset Exchange (NXT Assets Pro - BFTBMining)
Note: Once installed, a plugin will work with all the accounts in your wallet (i.e. you only need to install a plugin once)

Hope this helps.


Hey thanks for this post. I have added it as a third option on the project description.

Best Reagrds,
-DrCharles

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May 31, 2015, 02:03:45 PM
 #71

Week 32 Project Update: http://bitfromtheblock.com/index.php/forum/project-announcements/133-week-32-project-update

Dr Charles (OP)
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June 07, 2015, 02:26:02 PM
 #72

Greetings BFTB,

Please click the link below to see this week's project update.

http://bitfromtheblock.com/index.php/forum/project-announcements/168-week-33-project-update

Best Regards,


BFTB

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June 19, 2015, 12:39:04 PM
 #73

Limited GH's now available at 20 NXT each. Get 'em while you can!

http://nxtreporting.com/?as=17932033886660099893

Dr Charles (OP)
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June 29, 2015, 08:50:57 PM
 #74

Week 36 Project Update has been posted on our project forums at http://bitfromtheblock.com/index.php/forum/project-announcements/290-week-36-project-update

The next batch of hashing power has been added to the asset exchange market at only 25 NXT per GH. Very limited supply available.

Dr Charles (OP)
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July 10, 2015, 03:07:25 PM
 #75

Dont forget... unlike most cloud mining opreations, BFTB has the option for project members to liquidate their holding on the open market to anyone willing to purchase your GHs.

Simply go to the "Asset Exchange" tab in your local wallet.
Click on "My Assets" and Select "BFTBMining"
From their, you will have the option to post your mining power for sale on the market at your desired rate.

BFTB has started buying back GH on the open market when certain conditions are met. Smiley

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July 12, 2015, 03:08:15 PM
 #76

Week 38 Project Update Posted
http://bitfromtheblock.com/index.php/forum/project-announcements/846-week-38-project-update

Dr Charles (OP)
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July 15, 2015, 02:48:50 PM
 #77

Started moving some of the BFTB project miners down to the new Charlotte facility today. I wasnt able to get the truck to move the actually server racks and I was too lazy to break them down to move and have to rebuild them in Charlotte so I just set the first couple miners up on a flimsy fold out table.

Once the server racks, PDU, UPS, additional router and switches get installed we will be fully operational and all remotely hosted on redundant commerical T1 lines with both dedicated central AC and a Tripp Lite 12,000BTU spot cooler for the room. After that, a little time spent on cable management and getting things to look neat and we are good to go for our first small mining facility. There are still (2) more Antminer S5's and (2) more Spondoolies-Tech SP20E's to move down to Charlotte as well as I am also working a deal to acquire one more KnC Titan miner.

Looking a little messy right now but only because I set the miners up during breaks in my corporate sales meeting yesterday Smiley



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July 19, 2015, 07:27:39 PM
 #78

Week 39 project dividend payment complete.

http://bitfromtheblock.com/index.php/forum/project-announcements/869-week-39-project-update

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July 20, 2015, 12:42:32 PM
 #79

The BFTB Newsletter plugin is now active in the website. Everyone registered on www.bitfromtheblock.com should be receiving their first test newsletter this morning. Please do not forget to register to receive the weekly project update without needing to visit our project forums.

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July 23, 2015, 02:08:10 PM
 #80

your project is awesome, i had a dream two two days ago with a bitcoin @ 3000 $ lol
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