[ANN] Minero200TB
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Hello,
This is the announcement of my new asset to create a 200TB miner. The verification by haitch is already under way. I am now mining with 13TB in the pool of http://poolofd32th.club/ with the name of Minero200.
ASSET ID: 8140956823699307160 First 10'900 shares ready to buy now!The asset consists of 200,000 shares in total. Each share represent 1GB of mining power with an exit price of 1.7038 Burst. They are published in batches of 10.900 shares corresponding to 2 x 6TB discs. When the disks are plotted I will put it to mine and publish a new batch again.
Payments every Monday and bonuses from time to time with the remaining power (13TB at this moment). 15% of commission for management and maintenance expenses.
According to my calculations (you can see them at the end of this post) in total the miner would get to have 200TB. I have left some margin in the shares because I understand that I will not always be able to buy the hard drives at the price so good that I am getting right now from only € 26 per TB. Hard drives are WD My book.
Answers to questions that I think you may have:
- About me. I work in my own web hosting company since 2002 at Spain, serving hundreds of clients worldwide. My experience focuses on linux servers with cpanel. I do not want to post the name of the company since that's where I'm going to host the entire Burst equipment and could be a security issue as well (burglary). Verified by haitch.
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I've been mining burst only in the last two weeks but I've fallen in love since the beginning because it's a mining type where I think I can contribute value and compete on a global level despite being in a country with the most expensive electricity in the world.
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I have a bit of experience mining other cryptocurrencies, I started mining of Bitcoins when it still could be done with CPU. Then I went to GPU and when the first ASICS arrived I retired because I had nothing to do. I did not want to invest in machinery so specialized and with ROIs so high. Up to now I had mined some altcoin.
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In case I close the asset, I will buy the shares at the starting price 0.0238532110091743€. It's not something I plan to do, I think Burst has a lot of value to bring to the market and its price is going to increase.
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This is a personal and professional project to look for an alternative to my current web hosting business model based on a fully centralized model. The future seems to be decentralized and based on some kind of blockchain technology.
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My current plot rate of 20,000 nonces / minute approx.
I will use the GB as the unit of measure. It would look like this:
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6TB hard drive = 5.45 TB useful = 5,450 GB = 5,450 shares
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130 € / 5,450 shares = 0.0238532110091743 € = 1.7038007863695928 Burst
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1.7038007863695928 Burst = 1GB = 1 share
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200TB / 6TB = 33 hard drives.
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33 discs of 6TB x 130 € = 4,290 €
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33 discs of 6TB x 5,450 shares = 179,850 shares
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200,000 shares offered - 179,850 shares used = 20,150 shares to cover possible increases in disc prices.
I appreciate any kind of correction. If you have any doubts you can leave it here and I will respond delighted.
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The first 10 shares have been sold. The next 26 will be the first payday.
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This is the spreadsheets I'm going to use to calculate the payments every monday:
https://docs.google.com/spreadsheets/d/1SXTHcAQEjS0WGtkcW1w6Kj75gpQH0Gi4DWGwC5jY5BM/edit?usp=sharing
As you can see, only 160 shares have been sold until now but I'm going to pay anyway as I have enough mining power.
Thank you!
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Bought 150 shares.
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Thank you! I will start paying next Monday ;)
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Things are not coming out as planned, but even so, after only 5 days there are more than 1850 shares sold which is not bad enough to be a new asset. Thank you all for the trust.
There have been problems with massive attacks on pools and we have a loose hacker who is duplicating the difficulty with his invincible botnet. We will continue to plot and see what happens!
I bought 3 new hard drives to extend the power. I thought about recording a video when they arrived;)
The first payment:
Minero200 (8140956823699307160) Total found assets: 200000, Assets to be distributed: 1850 Summary of proposed distribution of 9.736284721BURST to 5 Based on asset holders at timestamp 90741030 (Sun, 09 Oct 2016 17:50:30 GMT) ---------------------- Number of assets, Account, Payout amount 1024, BURST-67Y3-BX2L-JXVF-HKU9G, 5.38916516 416, BURST-DEB8-65L2-GP8W-GX4X9, 2.18934835 250, BURST-353E-D8LE-GFC5-GZQ2T, 1.31571415 150, BURST-UJVB-DL99-38HE-ABCXQ, 0.78942849 10, BURST-9M64-NSA3-WVZH-3FQKF, 0.05262857
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I will buy as soon as i get some bursts. Congrats
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Thank you!
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@aitor First of all thanks for the nice payout (got 1 Burst, yeah :-) )
I might suggest one Thing: What do you and Investors think for the beginning Phase as the asset is still small you hold back payouts as long as they are under a certain amount, lets say under 10 Burst or 20 (just as lex has announced for his pool) ?
Youd payout 9 Burst this time for the Transaction fee costs of 5, thats almost 50% Transaction fees.
I am very well aware thats its only 0,0 somewhat $ Cents, but paying 5 to send 9 just simply sounds wrong from a General Point of view.
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Totally agree. It was just that I wanted to make the first payment;) with everything that is happening right now with Burst I wanted to prove that what I have said so far is true (while I get the verification from @haitch ).
Let's see how everything evolves and I will adjust to it so the fees are not so much % of the payment. At the moment, since the hacker arrived, I have 2 days without a single payment.
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I'm now verified by haitch.
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@aitor how long before a 100% ROI?
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Before the botnet it was about 5 months for the hard disk so for the shares it will be 6-7 months perhaps (because there is a 15% fee).



