[PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details
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@socal Yeah i figured Not that i mind, but appreciate the discretion bro
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@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
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So as of right now we have a projected 23TB that will be backing the asset by the end of the year
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@socal and as I said somewhere way up there, I'll help you out with 95TB while you get established.
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@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
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@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
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@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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@haitch said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:
@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.
I have absolutely no problem with that at all, obviously it's more than amazing that you offered 95TB to temporarily back the asset
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The only problem I am trying to overcome will be the need to liquidate Burst to not only pay for expansion but for upkeep as well, as long as it isn't an obscene increase I will probably just pay electric cost out of pocket and hold onto the Burst I get from the fee.
Really the only thing I can think of would be a mutual fund asset that deals exclusively with other Burst assets and therefore acts as a "holding" asset, but I'm not sure how much this would help because sure on the front end shareholders and most importantly the Mutual asset itself will only need Burst with no need to deal in BTC or Fiat but on the back end once the Mutual asset purchases other assets there's nothing to keep the other asset owners to dump the Burst they get from share sales on exchanges
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@socal I'd put up more, but I'm sick and changing over more than those two miners is to much like hard work.
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@socal i think somethings can be done to avoid those dumps of yours but i don't want to disclosure them in public just yet... if you want hit me in PM and we can talk about it! I have some ideas to minimize those issues?!
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@gpedro said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:
@socal i think somethings can be done to avoid those dumps of yours but i don't want to disclosure them in public just yet... if you want hit me in PM and we can talk about it! I have some ideas to minimize those issues?!
I like the idea of including the option of BTC or any other major alt coin for payment for Assets. IT at least potentially lessons a portion of coins needing to be dumped to buy hardware.
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So bad news guys, my daughter spilled her water all over my keyboard today and now it's decided to stop working (I'm on my phone right now) so I'll try and fix it hopefully just needs to be dried out if the keyboard on my laptop is fried then I'll figure something out maybe a USB keyboard or something
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@socal leafblower works first then hairdryer
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@Burstde said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:
@socal leafblower works first then hairdryer
@Burstde said in [PRE-ANN] Socal's Burst Mining Asset, 30% bonus! see details:
@socal leafblower works first then hairdryer
I am gonna go get the hairdryer now lol
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@socal I use my leaf blower to clean the pc's it works great. 185mph
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Droped a few phones and other smaller electronic devices, dumping it into uncooked rice sucks out all the humidity inside
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@dagentlemang lol im not gonna put my laptop in a trash bag full of rice.......mainly because I don't have a trash bag full of rice
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ok think my keyboard is mostly fixed it still spazes out every once in awhile but we'll see how it goes.
Anyway started the process of replotting and optimizing my drives to utilize the asset address instead of my personal address that'll take me a day or two to complete. So we are still in the preparation phase and will be for at least a week or two, if not longer.
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Just an interesting side note: managed to calculate my plot speed, it's roughly ~125GB/Hr so not spectacular but it does get the job done in a relatively decent amount of time. Until they get an Nvidia optimized GPU plotter I'm stuck with CPU plotting since my laptop has a GeForce 840M



