[PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details


  • admin

    @crowetic I didn't say that I trusted Socal more than you - I said I would have more VERIFIABLE information about him, than I do you. It wasn't supposed to insinuate you were untrustworthy, everyone here knows you can be trusted. The point was he'll be doing MORE to expose his real life identity. As an example, RichBC did the Verification process ( and apologies Rich for using you as an example) - I know his name, address, DOB - I have copies of his drivers license and his Passport information page. If Rich screwed the community, I can set the community on him. I have verified real life names and addresses. I didn't intend to imply I'll trust Socal more than you, it's that I can verify who this person is, and if necessary, track them down. I've shipped stuff to you, and talked to you on the phone - so I'm pretty sure where you live and how to get hold of you - but the ID Verified people have given me copies of their identity that's been verified by their country. National verification trumps what I happen to know.

    No insinuation was intended, and I apologize for any offense taken. That was not my intent.

    I'm also unsure about what post you're referencing about "self appointed leader" - I've not said that as far as I'm aware. If one of my posts is inarticulate and implies that, point me to it and I'll correct it.

    As for the discussion being unprofessional and out of order, I strongly disagree. I posted guidelines on what asset issuers should do to engender trust in them - THIS community said that was welcome and needed. The first issuer willing to follow those guidelines is then basically tarred and feathered by a handful of members of the community.

    Again, Socal is the only asset issuer who is willing to adhere to the guidelines this community thought were good, and required. So I will give 100% support to him - if my words were inarticulate or misunderstood, I apologize - but if we're going to have community standards, then not backing him 100% when he wants to adhere to MY guidelines - that would make me a hypocrite. And I'm not. The cost of running the servers that host these forums, many of the pools, the multiple different language websites - that comes out of my pocket in US$. Keeping my word about never penalizing miners if we got on a fork has cost me over 1 Million Burst. Everything I do is for the community, and if someone wants to follow the community guidelines, then I'll back them totally, no matter how new they are and despite the opinion of a handful of members - especially where the primary objectors have their own mining asset, which is a serious conflict of interest when disparaging another mining asset.

    Again @crowetic there were no intended underhand comments and below the belt jabs. I was arguing for the right of Socal, willing to follow my guidelines - which NO other asset owner has done - to be given a chance.



  • @haitch I take offence to what you said, and personally feel targeted by your reply. So let me say this:

    When I first came here, it took 3 months before I even fathomed starting an asset or anything of the sort. I built 4 miners out my own pocket(just like you have), only then did I even try for something like an asset, and only when I had established myself as a member part of this community. Having done that, I documented my setup, with screenshots and pictures of the actual equipment put up for the asset.

    There were no checks, no identity verification or any other process for doing so. Since then I have self doxed myself to you AFTER the fact, I mean in no way was I obliged to except for showing the rest of the members good faith. I would have gladly followed your ID verification system if it were in place at the time, so your argument of the others not having done so is moot. I did so, willingly even when I didn't have to.

    AS for Socal, he mentioned in a post that the community should meet him halfway, then my reply to that would be, great we will meet you half way but if you are asking US to do so, then shouldn't he do the same, just like ccminer did. That;'s the only point that I was trying to make and it goes like this: My personal opinion for the Burst community is that if you want to take something from Burst, then maybe start by giving first, whether it be by implicating and getting to know the members or by financial investment if the person't budget permits. It's like the old adage, it takes money to make money.

    Also, haitch, I believe you have seen my track record and I would assume you respect my thoughts and opinions, otherwise you would have not trusted me to the point that you already have, and it insults me, that all you were trying to do was prove a point in public, and at most times at my expense. Yes, this should have been handled in private before it got that heated.

    And I am gonna go out on a limb here, yes I may get hot headed sometimes but that is because I am a person with strong morals and strong beliefs(never said that they are all right but regardless), and if you take a look I have repeatedly gone out of my way to help any member the best I can here and further Burst as a whole, many projects and advancements simultaneously, let's not forget the countless hours overlooking pools and wallets to make sure the network is stable... So having said that, and without pointing any fingers, I take it personally that some have not done their due diligence in finding out how I am and how I help this community but instead pointing the finger as if I am a bad guy.

    Enough with this rant now.

    @socal I apologize if it came off a little too harsh as it was not the intent, It's maybe my idealism of the situation in thinking that people should invest time or money into our community before taking something out, and I will repeat it as I have several times before that it was not personal towards you. Having said that, I fully expect your asset to do extremely well considering all this good and bad press it has received.


  • admin

    @Focus there was no personal insult intended - apparently I'm doing that a lot at the moment. However the vehemence against Socal's asset and persistence on the subject made me question why.

    And yes, I do you value your thoughts, opinions and help with the pools.

    But Socal is the first asset issuer to follow MY guidelines on issuing an asset. It doesn't matter how new he is to the forums, being willing to fulfill the community approved guidelines lets him give the community the choice about buying his asset.



  • @haitch said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:

    @Focus there was no personal insult intended - apparently I'm doing that a lot at the moment. However the vehemence against Socal's asset and persistence on the subject made me question why.

    And yes, I do you value your thoughts, opinions and help with the pools.

    But Socal is the first asset issuer to follow MY guidelines on issuing an asset. It doesn't matter how new he is to the forums, being willing to fulfill the community approved guidelines lets him give the community the choice about buying his asset.

    The community will always have the choice, you can put up a title on his thread as being a SCAM (not saying it is) and people can still turn around and buy assets from the asset exchange....

    Anyways, this obviously needs to be discussed further somewhere other that in this thread.


  • admin

    @Focus If I thought this was a scam, the thread would be in the Scam sub category. Again, I will fully support any asset issuer who follows my guidelines.



  • @haitch said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:

    @Focus If I thought this was a scam, the thread would be in the Scam sub category. Again, I will fully support any asset issuer who follows my guidelines.

    I never said it was, I was merely saying, anyone can go in the scam asset section and still spend burst on any assets that have been scams, the community still has free will



  • Wow I wake up and there's a text wall lol, now most of it does not pertain to me but to the "leadership" so I will not comment on that as it is not my place.

    As for everything else that DOES pertain to me, no worries I understand your hesitation but I have been involved with crypto since 2013 mining, trading, investing, promotions, community projects etc. So I do have SOME idea of what I'm doing in issuing an asset. That said I agreed that I should put up more personally funded hardware BUT as stated earlier a few members have expressed interest in investing before I can purchase and setup the rest of my personally funded equipment, which we will take into consideration before releasing the asset



  • Since I will be working closely with @haitch I would like to personally and publicly offer him a portion of the fees for as long as his services are rendered (on top of his one time fees for his verification and Escrow services.

    Do any potential investors disagree with this offer?


  • admin

    @socal No need for the fees - use your asset to pay back to your investors and I'll be happy. My help doesn't come with a price.



  • Okay so this is my final post (even though the last was stated as that...)

    This thread got WAY out of hand, I personally wanted to apologize for any involvement in fueling that, and apologize to the community for my part.

    Hoping this doesn't change your opinion of our amazing community.

    This was a bit of a touchy subject, and the comments got WAY too far.

    Apologies from me for anything that caused any doubt in BURST, or the functionality of the team.

    I should have left my opinion of the assets, and not replied in public to my feelings on haitch's opinions. I should have followed my own example. For that I'm sorry.

    Thank you all.



  • @haitch not a problem. So where we are now is waiting for me to buy and setup another 10TB and to see if the person's interested in investing early understand the risks and are still interested in investing early.

    Also of note, if demand is high enough then an extra block or two of shares can be offered for sale. Now it'll take me time to get my personally funded 10TB up and runninh (I.e. gotta let the fiancee finish Christmas shopping for the kids and rest of the family) but discounting the 10TB from me (13TB total) I'm hoping to get 20TB - 30TB of organic mining capacity setup for the asset before the end of the year



  • @socal Definitely still interested and following the form daily, I am just trying to get all the burst needed for it! should have it all with in about a week from today



  • @HaveMercy well I was trying to not name you just in case you changed your mind or wanted a modicum of privacy lol but I got nothing against you publicly stating your intentions yourself lol



  • @socal Yeah i figured Not that i mind, but appreciate the discretion bro



  • @HaveMercy said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:

    @socal Definitely still interested and following the form daily, I am just trying to get all the burst needed for it! should have it all with in about a week from today

    And if your timeline is correct and you don't change your mind we can get the asset up and running with 13TB plus another 10TB coming from my own funds within two to three weeks



  • So as of right now we have a projected 23TB that will be backing the asset by the end of the year


  • admin

    @socal and as I said somewhere way up there, I'll help you out with 95TB while you get established.



  • @haitch said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:

    @socal and as I said somewhere way up there, I'll help you out with 95TB while you get established.

    Outstanding, now what would the details of that be? Utilize your miners on top of the assets miners until the asset's organic mining capacity reaches a certain level?(say 50 TB or something like that) since it is your miners the decision on how to proceed with this and the terms are entirely up to you



  • @haitch and with this setup it will benefit the early adopters the most because the first to buy shares will receive more augmented mining payouts from your miners then those that invest say 3 months from now


  • admin

    @socal My capacity mining on your asset account as you grow capacity and miners - for how long? Until I feel that you have the capacity and income volume to be viable - and depending on returns, maybe after you're viable.


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