[ANN] Elite Burst Asset - I Put My Investors First



  • 18,477 shares now sold, and only 2 more days until the competition is drawn. Thanks and good luck to all!



  • Competition ends and is drawn tomorrow



  • 19,776 shares have now been sold. Thank you :)



  • Seems someone bought them all up eh ;)



  • @keyd0s Yes! All 50,000 of the original shares are sold! I have now put out another 100,000 shares and there have already been 1,280 of those 100,000 shares sold! We are going great - and an 8tb drive is on it's way!



  • Hey guys,
    I just wanted to let you guys know that I am planning to invest the next lot of shares into a dedicated burst PC. I do currently have one, but it is a laptop (even though it has a 4th gen core i7) and to plot an 8tb drive with this it will take almost a whole week. I will build the PC myself, which will significantly reduce the amount of money that is needed, and will cost about $830 NZD, which still leaves a further $200 NZD to put towards another drive (each 8tb drive costs $440 NZD).

    Here are the specs of the proposed mining/plotting PC and the cost of each component:

    Cooler Master N300 - $75 NZD
    Pentium G4560 3.5GHz 3MB CPU - $100 NZD
    120GB SanDisk SSD Plus - $65 NZD
    Be Quiet! Pure Rock Slim - $40 NZD
    2x4GB Adata Premier 2133MHz DDR4 - $70 NZD
    Gigabyte GA-H270-HD3 - $190 NZD
    550W Corsair VS550 - $80 NZD

    Please let me know what you think, I will not go ahead with this plan if my investors do not approve of this plan. But, personally, I think this is an excellent idea because when we need to expand further there will be no problems, and the plotting and mining process will be a lot easier and faster for all of us.
    Also, my laptop is not going to be able to handle too many hard drives so if I do not do this now, we are just going to need to do it later on.
    It's future proofing our asset! I plan to continue this asset for years.
    So once again, if my investors have any problems with this or even think that it's a great idea like I do, please let me know.

    Thanks, and happy bursting!

    • Christian


  • Personally a No from me. Even though it's true that plotting and mining will probably go slightly faster, I don't feel it's my responsibility as an investor to invest in you buying a PC, that doesn't make me any profit at all. Now this might sound really selfish, but as an investor it's the way I think (even I only invested a penny on the dollar thus far, so I'm not personally invested as much, but mostly speaking as the voice of maybe some investors). as an investor I don't mind waiting a little while knowing that my invested money doesn't go to 'waste' on something that doesn't earn my anything yet. as I feel like you don't have the TB's yet to fall back on in terms of payout.

    That being said, if you do plan to buy it for mining and plotting, I'd probably get an okay GPU to mine with , and maybe consider 8GB ram sticks to speed up the plotting. if you do invest on a minerPC, might as well spend a penny extra to make sure it works to perfection!

    These were just my 2 cents ^^. Love the dedication tho :D



  • @keyd0s I'll see how we go - maybe I should wait until we have greater mining power



  • I have to agree with keyd0s here. If you were to invest 100k shares into pc that doesn't earn anything, even if it might be necessary in the future, it would really hurt dividends and discourage new investors. Also you could really use more ram^^



  • ill say no , because i think you can build a comp capable of running a few hun TB's of mining power for a lot cheeper. my no is based on the parts you listed, also id agree that you need to postpone it ontell you have more mining power to back it wile you build and take another vote later. also you are effectivly asking people to invest in your company. and im fully onboard for you to use the burst taken in from shares sold to exspand that compay, but you should have somthing upfront provided by yourself as the bases of the company ... in this case your laptop and it's HDD, once the asset outgrows it's capability's you will probly get a better responce by asking the investors to go in 50/50 with you on a new comp to run the contenued growth. post a list of potential parts with prices and what your willing to purchace plus what you need investors help with.



  • Thank you to everyone who posted their opinion on the new mining/plotting PC!
    After careful consideration, I have decided based on what the investors want that I will postpone it until we have much more mining power. However, I would like announce that I successfully purchased an 8TB hard drive to add to our mining power for $439 NZD + $5 shipping ($444 altogether) and it is on it's way.
    And guess what else? - It's time to draw the competition! DRUM ROLL PLEASE!
    ...And the winner is...
    BURST-GRG9-SCA5-XYT8-DL4KC
    Congratulations, you have won 500 Elite Asset shares and 1,000 burst!
    Thank you for your investment, and enjoy!
    The next competition is open to everyone :)
    Competition starts now and ends on the 30th February 2017. Good luck to all!
    Thanks everyone, and happy bursting!

    • Christian


  • @cjellis245 nice one bro , really like to see that your asset is growing :)



  • 1,358 shares have now been sold out of the 100,000 that I gave out recently. This means that we have sold a total of 51,358 shares! That's awesome! - Thanks Everyone!

    • Christian


  • Just thought I'd make a seperate post for the next competition - its drawn on the 28th. So get your entry now - you've got to be in it to win it!



  • I now have a plan for the rest of the 100,000 shares!
    The first 40,000 shares will buy another 8tb drive, which will then bring me to 2 8tb drives.
    And the second 40,000 shares will be put towards an 8tb drive also. This will bring me to 3 8tb drive with storage equally 24TB altogether. When we get to this stage I will decide what to do with the next 20,000 shares, but it will likely be put towards the next hard drive.



  • @cjellis245 I love that idea!!! If that's the case I will pick up more shares soon! :-)



  • THIS WEEK'S PAYOUT
    Amount paid, Account, TX
    2297.1957601, BURST-Y8RM-YLWP-EZ6N-6XTM4, 14974888823306489437
    196.83348987, BURST-S5SD-CYQ8-CH8T-9MX3P, 2255971838552142164
    106.55344923, BURST-G8DL-CEHW-RZ5S-2SJU8, 14184321100976072012
    95.28281996, BURST-583A-8RBH-FR93-F6C3K, 5236279523351738140
    61.52843534, BURST-GRG9-SCA5-XYT8-DL4KC, 13341300566277648671
    57.5032106, BURST-76QB-GUML-NKTX-53FZN, 7571238529754882543
    50.02779322, BURST-5LW6-657H-WXHL-49BCP, 5286344004132280389
    17.25096318, BURST-LNEU-GE3V-DWPU-44L3E, 8456667722606906715
    17.25096318, BURST-NTZE-9NJG-KKT8-AMY6Q, 2936633619142319310
    14.6633187, BURST-YUHY-BVBX-H9TU-D5YC7, 15303125555684662722
    11.50064212, BURST-N6DL-HNHX-2Q8T-ABR8F, 11196576123539018083
    11.50064212, BURST-9XFH-CFS7-CZKQ-29D3E, 8826111799055551516
    11.50064212, BURST-UDDD-WL3V-DLAJ-CV9K5, 15825557722840097504
    11.50064212, BURST-ZRBN-ZK5B-AA7N-ETVMC, 13125011637705883929
    8.62548159, BURST-RXDG-76G7-6VVY-B5QAZ, 18244928569218910815
    5.75032106, BURST-2JWG-C6K4-M29B-2KUWQ, 13781756956669471866
    5.75032106, BURST-YF9S-FVKA-CEWV-EW235, 2156203425181886363
    3.16267658, BURST-HE6X-AA5F-63N2-9GQBN, 16074926029306177150
    2.87516053, BURST-4GWR-2V8N-JTY6-83CJF, 5493180419000754010
    2.30012842, BURST-R76E-R97P-A9P2-67XRY, 6247986190466359759
    1.72509632, BURST-JXMT-H4D6-YAFU-FBN7C, 655450074366278230
    1.20756742, BURST-LTRS-6JJG-4C8R-DXJ3Z, 13292837333638719982
    1.15006421, BURST-3CEY-877F-MVSF-HCMKH, 6210507343996511406
    1.03505779, BURST-7LY2-R35G-YR8E-H3YKG, 11560456043487897607
    0.97755458, BURST-RUYR-DPCS-3YXQ-86BXU, 8326234947760640047
    0.86254816, BURST-AY6Y-3DBU-KH4V-6LZL5, 4528571964503576497
    0.86254816, BURST-BSL5-Y27Q-PEVD-E4NUS, 9113222537023516033
    0.57503211, BURST-KYYQ-D2CU-JFMG-H9G7B, 17903632259247120716
    0.57503211, BURST-N6MK-YHKS-NLVR-HMHLV, 2746341631207137528
    0.57503211, BURST-HT7V-WDSR-86VY-FJR99, 10282292951896814888
    0.57503211, BURST-RZCP-7H7F-GMH3-9NLGL, 11390845024430268813
    0.57503211, BURST-6TBR-8QAC-WJXL-8LYTM, 5539284628231539567
    0.28751605, BURST-2YC7-4UWL-W3HY-AAVK5, 2271646380206092282
    0.23001284, BURST-ACYM-ALH4-GSCG-H5RWV, 18114975290283866465
    0.17250963, BURST-SSSU-EGR5-5XZ9-AY68F, 10525806931645729838
    0.05750321, BURST-ZUZQ-YFYL-HMUX-DMYK7, 16241551465610127773
    ------------All transactions processed------------
    Happy bursting :)



  • The 8TB drive has finally arrived! I will start plotting it ASAP :)



  • any updates? I miss your daily updates ;)



  • Hey,
    First of all, my payout is going to be a little late. I will make sure it is paid out within the next 2 days.
    Secondly, my 8TB drive is in the process of plotting and will be finished in the next few days also, thanks to @Luke1219. I am also replotting the 1TB drive, so it will now be optimized.
    As for the 2TB drive that I originally started with, this is now being used as storage for any extra stuff like photos and about a TB worth of movies. The 8TB drive has an in-built USB hub so it should not be a problem to add drives upon drives - once we sell more shares!
    At this stage there is about 53,000 shares sold. This is excellent; but I do wish we had cashed out the burst when it was at a price of $11 per 10,000 burst just last week - we would have got about $150 USD more in earnings.
    But our progress is significant, and I am proud to be able to say this.
    So thanks once again to all my incredible investors!
    Happy bursting - Christian


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