Crowd Funded Mining Rig (Update) - ANNOUNCEMENT for Members
Hi Steemians.
Here is the quick update for Crowd funding mining project
Update: We have got our first investment for Rig No 1.
Our first partner has claimed 1.5% ownership.
The second partner has claimed 1% ownership.
We have a lot more to go
Announcement
We are going to make different decision. For example how and when payouts will be conducted and which coin to mine. I will always add my advice for maximum profitability but the decision will be made using a poll on our discord channel.
The percent of share you hold as a member will give you proportional powers to make endorse the decision.
We are going to work as a team.
Just a reminder that we have 5 days left to be part of this project once crowd funding is finished i will add all the remaining shares from my pocket.
The members are the one to decide which direction we will go to. For example if 51% of share holders ask me to upgrade the rig it will be upgraded or in other example if 52% of people vote to mine Zcash instead of Ethereum. we will start mining Zcash even if it's profitable or not. i will only add my advice and the decision will be made as per common voting rule.
You can read more details about project here.
The hardware list can be seen here.
Quick guide of how to join:
Open your wallet
Send any amount of SBD to @uxair (minimum 3.3 SBD which will give you 1% stake)
write 'Crowd funding mining deposit' in the memo and that's it.
Thanks for Reading.
Please Resteem if you want to support our project.
What kind of hashrate would you be looking at? And would this be pool mining? What currency would I be payed in? Is this a scam?
Looking For around 162 MHS ethhash.
yes pool mining using nanopool.
payed in the currency that is mined.
I will never say it's a scam you can ask the partners later after a month of success. If i answer your last question it will not make any sense.
Anywayz all the questions you asked are already answered in last 2 posts but i have written short answer to each in the comment.
Sorry. Thanks though. Nanopool doesn't have a mining calculator, but MinerGate.com estimates that that sort of hashpower would be $249 a week. Am I correct in thinking that?
I use cryptocompare.com because it give more accurate reading for current difficulty rate. And we will get almost 700$ a month. But electricity cost will be deducted from this.
The current profitablilty can be calculated but project profitablity can never be calculated so it's just a number to make plan.
Is this still open for investment?
Nope. As per final announcement it's closed
If only 2 or 3 people transfer SBD for ownership, are you going to give all the remaining SBD by yourself ?
Just curios.
I am hoping to join you probably after 1-2 days.
Yes I will add all the remaining from my pocket because I m going to build this rig in anyway. But the more % of shares sold on steem it the more we will able to keep the business plus fun on and everything will be posted including step by step setup of rig.
It would be great to see the setup of rig.
Because, most people are afraid to reach out because they might think it as a scam; although you will let us monitor it.
Let's hope you get more people to join you :)
Good luck from me :)
Thank you.
And I cannot justify myself by saying that scam cannot be done my me.
Anyone on the earth can scam people's money with small evil thinking.
My only intention is to make a long term business because the more people get engaged the more stronger we will become.
If only people could see or read each other's mind :D
I sent you 3.3SBD.
Glad to join the rig :)
Your deposit has been added to this post as an additional update.
Thanks
This post has received gratitude of 0.63 % from @appreciator thanks to: @uxair.