[ANN] Minero200TB



  • 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! 
    

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    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). That's why I'm in the verification process with haitch.

    • 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.

    • 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.

    • 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.

    • 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.

    • 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:

    • 6TB hard drive = 5.45 TB useful = 5,450 GB = 5,450 shares

    • 130 € / 5,450 shares = 0.0238532110091743 € = 1.7038007863695928 Burst

    • 1.7038007863695928 Burst = 1GB = 1 share

    • 200TB / 6TB = 33 hard drives.

    • 33 discs of 6TB x 130 € = 4,290 €

    • 33 discs of 6TB x 5,450 shares = 179,850 shares

    • 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.



  • The first 10 shares have been sold. The next 26 will be the first payday.



  • 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!



  • Bought 150 shares.



  • Thank you! I will start paying next Monday ;)


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