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[ANN] [nXtGen Mining] The next generation of mining!  
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Author Topic: [ANN] [nXtGen Mining] The next generation of mining!  (Read 184561 times)

Darkhorse

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #580 on: August 03, 2014, 05:26:18 pm »

Will there be a change in the quantity of assets we are holding?

Also advice what message you want us to write
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #581 on: August 03, 2014, 05:43:17 pm »

Issuer NXT Account: NXT-LQTE-D82C-VKU4-FEPFB

Transfer your assets to this NXT Account and leave a comment containing

{

I'm confirming I have transfered the following assets.

nXtGenGHS: 5000
nXtGenKHS: 1000
EnergyGHS: 100

In return I will receive equivalent GHS/KHS under a newly assigned asset, which I agree to the terms.

}

This is the easiest way for now. I'm still working on the dashboard platform which will work a little more independently and automated for these situations. All in good time :)
« Last Edit: August 03, 2014, 06:25:34 pm by GQM »
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frohlocke

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #582 on: August 03, 2014, 05:46:12 pm »

Mayby I did not get it. What are the terms?
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #583 on: August 03, 2014, 06:01:17 pm »

Mayby I did not get it. What are the terms?
So since I began this venture the Canadian government has enacted a bill called Bill C-31 which aims to regulate virtual currencies. We were already treading on thin ice with securities laws. These new terms just prepare us for the possibility of regulation. We are waiting for them to define what "dealing in virtual currencies" means. The bill states anyone "dealing in virtual currencies" must have a Money Service Business license.

Under current laws we do not require KYC and AML documentation but it may come. This just gives us the right to ask if that time comes.

It also clearly dictates we are not selling securities. We are trying to build a long lasting business and have spent a lot of time and money over the past week getting things up to par and more professional.

I believe we need to set a standard for the AE and run as professionally as possible to legitimize it. I also think this helps show I'm not just a fly by night company as these terms also clearly define our obligations to you.

A link to the terms can be found on the new assets description.

Here's the link: http://nxtmining.com/terms

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fredfeuerstein

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #584 on: August 03, 2014, 06:16:43 pm »

ok...i have transfered my nxtgenghs assets to you.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #585 on: August 03, 2014, 06:27:54 pm »

ok...i have transfered my nxtgenghs assets to you.

Sent your replacement assets :)
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fredfeuerstein

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #586 on: August 03, 2014, 06:30:55 pm »

ok thanks.. ;-)
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followRa

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #587 on: August 03, 2014, 06:46:30 pm »

Quote
2.1 You must first establish an account with Us through the Website (once available) or through the Decentralized Asset Exchange ...

2.2 To open an account so We can provide Services to You via Website (when available), You must supply Us with the following accurate information, namely Your full legal name, address, email address and identify whether You are an individual or a business.  We also reserve the right to insist upon the following documentation either to provide Services to You or to continue providing Services to You in order to comply with relevant laws, namely:

(a) valid Identification, by way of acceptable high resolution .pdf or other acceptable digital document format of Your (i) an international passport, all pages, or national ID card, both sides. And

(b) proof of residency, by way of acceptable scanned images of (i) bank statement or (ii) utility bill for utilities consumed at Your home address or (iii) income tax forms, notice of assessment or (iv) certificate of residency issued by government or local government agency.

Ryan, I don't understand, need I have now an account on nxtmining.com if I have your assets?

If I buy your nXtGen only on Nxt Asset Exchange and not on your website, HAVE I still to store all my data at your company?

Thank You.
« Last Edit: August 03, 2014, 06:49:47 pm by followRa »
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #588 on: August 03, 2014, 06:57:08 pm »

Quote
2.1 You must first establish an account with Us through the Website (once available) or through the Decentralized Asset Exchange ...

2.2 To open an account so We can provide Services to You via Website (when available), You must supply Us with the following accurate information, namely Your full legal name, address, email address and identify whether You are an individual or a business.  We also reserve the right to insist upon the following documentation either to provide Services to You or to continue providing Services to You in order to comply with relevant laws, namely:

(a) valid Identification, by way of acceptable high resolution .pdf or other acceptable digital document format of Your (i) an international passport, all pages, or national ID card, both sides. And

(b) proof of residency, by way of acceptable scanned images of (i) bank statement or (ii) utility bill for utilities consumed at Your home address or (iii) income tax forms, notice of assessment or (iv) certificate of residency issued by government or local government agency.

Ryan, I don't understand, need I have now an account on nxtmining.com if I have your assets?

If I buy your nXtGen only on Nxt Asset Exchange and not on your website, HAVE I still to store all my data at your company?

Thank You.
No need. We are working to just integrate the AE into the website. This will make it a lot easier for those not use to the decentralized exchange and give a centralized location for clients to view nXtGen Mining assets stats instead of being overloaded with information from all the assets. Lots to figure out and finalize but the more I understand NXT the more I love it and all its possibilities.

EDIT: As far as with regard to the identification. If the time comes I maybe required by law to ask for this information otherwise I cannot do payouts. Currently that is not the case but I'm trying to be proactive and be ready for when regulation comes.
« Last Edit: August 03, 2014, 06:59:21 pm by GQM »
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Vyazhan

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #589 on: August 03, 2014, 07:11:54 pm »

No need. We are working to just integrate the AE into the website. This will make it a lot easier for those not use to the decentralized exchange and give a centralized location for clients to view nXtGen Mining assets stats instead of being overloaded with information from all the assets. Lots to figure out and finalize but the more I understand NXT the more I love it and all its possibilities.

EDIT: As far as with regard to the identification. If the time comes I maybe required by law to ask for this information otherwise I cannot do payouts. Currently that is not the case but I'm trying to be proactive and be ready for when regulation comes.

I guess before anything is being regulated, the ground needs to be established first that we are actually dealing with DIGITAL currency here and not virtual currency. For that reason alone, I wouldn't pay much attention to what Canada has to say about virtual currencies, we are not playing World of Warcraft here after all and need to buy some Blizzard Points for a New Booster Pet Mount which we need to mine in a cloud for so we can pay taxes for someone that doesn't even have a clue on what's actually happening  ;D
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #590 on: August 03, 2014, 07:17:50 pm »



No need. We are working to just integrate the AE into the website. This will make it a lot easier for those not use to the decentralized exchange and give a centralized location for clients to view nXtGen Mining assets stats instead of being overloaded with information from all the assets. Lots to figure out and finalize but the more I understand NXT the more I love it and all its possibilities.

EDIT: As far as with regard to the identification. If the time comes I maybe required by law to ask for this information otherwise I cannot do payouts. Currently that is not the case but I'm trying to be proactive and be ready for when regulation comes.

I guess before anything is being regulated, the ground needs to be established first that we are actually dealing with DIGITAL currency here and not virtual currency. For that reason alone, I wouldn't pay much attention to what Canada has to say about virtual currencies, we are not playing World of Warcraft here after all and need to buy some Blizzard Points for a New Booster Pet Mount which we need to mine in a cloud for so we can pay taxes for someone that doesn't even have a clue on what's actually happening  ;D

That's the exact problem though. If we ignore it and do nothing they will not understand and make uninformed decisions. That's one of the reasons we need someone in Canada who can lobby for Bitcoin and crypto currencies.

Also do to the fact I'm located in Canada I need to play by those rules. It's better this than to not have it in place and when the hammer comes down they hit me with fines or something and were forced to close the doors.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #591 on: August 03, 2014, 07:20:27 pm »

I have been very transparent and upfront not just on here but at the banks. I'm currently still banking with a bank that I know many had there accounts shutdown. I spent over an hour on the phone with some guy from corporate which made the ultimate decision. I don't want to lose that relationship by not following certain procedures either.
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followRa

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #592 on: August 03, 2014, 07:21:25 pm »

Quote
2.1 You must first establish an account with Us through the Website (once available) or through the Decentralized Asset Exchange ...

2.2 To open an account so We can provide Services to You via Website (when available), You must supply Us with the following accurate information, namely Your full legal name, address, email address and identify whether You are an individual or a business.  We also reserve the right to insist upon the following documentation either to provide Services to You or to continue providing Services to You in order to comply with relevant laws, namely:

(a) valid Identification, by way of acceptable high resolution .pdf or other acceptable digital document format of Your (i) an international passport, all pages, or national ID card, both sides. And

(b) proof of residency, by way of acceptable scanned images of (i) bank statement or (ii) utility bill for utilities consumed at Your home address or (iii) income tax forms, notice of assessment or (iv) certificate of residency issued by government or local government agency.

Ryan, I don't understand, need I have now an account on nxtmining.com if I have your assets?

If I buy your nXtGen only on Nxt Asset Exchange and not on your website, HAVE I still to store all my data at your company?

Thank You.
No need. We are working to just integrate the AE into the website. This will make it a lot easier for those not use to the decentralized exchange and give a centralized location for clients to view nXtGen Mining assets stats instead of being overloaded with information from all the assets. Lots to figure out and finalize but the more I understand NXT the more I love it and all its possibilities.

EDIT: As far as with regard to the identification. If the time comes I maybe required by law to ask for this information otherwise I cannot do payouts. Currently that is not the case but I'm trying to be proactive and be ready for when regulation comes.

Ryan, I do not agree to give you my data. Nxt is a decentralized platform and I don't want have something to do with centralization and monitoring. If I do not accept the new terms and don't transfer my Assets to new nXtGenGHS, can I have my invested NXT back ???
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #593 on: August 03, 2014, 07:32:10 pm »



Quote
2.1 You must first establish an account with Us through the Website (once available) or through the Decentralized Asset Exchange ...

2.2 To open an account so We can provide Services to You via Website (when available), You must supply Us with the following accurate information, namely Your full legal name, address, email address and identify whether You are an individual or a business.  We also reserve the right to insist upon the following documentation either to provide Services to You or to continue providing Services to You in order to comply with relevant laws, namely:

(a) valid Identification, by way of acceptable high resolution .pdf or other acceptable digital document format of Your (i) an international passport, all pages, or national ID card, both sides. And

(b) proof of residency, by way of acceptable scanned images of (i) bank statement or (ii) utility bill for utilities consumed at Your home address or (iii) income tax forms, notice of assessment or (iv) certificate of residency issued by government or local government agency.

Ryan, I don't understand, need I have now an account on nxtmining.com if I have your assets?

If I buy your nXtGen only on Nxt Asset Exchange and not on your website, HAVE I still to store all my data at your company?

Thank You.
No need. We are working to just integrate the AE into the website. This will make it a lot easier for those not use to the decentralized exchange and give a centralized location for clients to view nXtGen Mining assets stats instead of being overloaded with information from all the assets. Lots to figure out and finalize but the more I understand NXT the more I love it and all its possibilities.

EDIT: As far as with regard to the identification. If the time comes I maybe required by law to ask for this information otherwise I cannot do payouts. Currently that is not the case but I'm trying to be proactive and be ready for when regulation comes.

Ryan, I do not agree to give you my data. Nxt is a decentralized platform and I don't want have something to do with centralization and monitoring. If I do not accept the new terms and don't transfer my Assets to new nXtGenGHS, can I have my invested NXT back ???

You do not currently have to submit any of this information. It's only in the terms incase in the future we need to request it. If that day comes we will give plenty of notice and have a better system in place to manage accounts. I do not expect this until early 2015 and even then I have know idea if it will even be necessary.

I cannot force anyone to accept the new terms but for the long term sustainability of this venture I kindly ask that you do. You can also place a sell order before or afterwards if the time comes we require ID.
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vh44

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #594 on: August 03, 2014, 07:56:18 pm »

Ryan, I have transfered my assets  8)
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Node: vh44.ddns.net:7873

GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #595 on: August 03, 2014, 07:59:33 pm »

Ryan, I have transfered my assets  8)
Just finished transferring two more NXT Account holders which I believe one was you :)
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vh44

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #596 on: August 03, 2014, 08:05:46 pm »

Ryan, I have transfered my assets  8)
Just finished transferring two more NXT Account holders which I believe one was you :)
Yeah, received, thanks ! Now I see assets with same names and can't delete old  ;D known bug...
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NXT: 11461395996783200894  NNXT-KLMY-XWF7-HHKH-BGS5Y
Node: vh44.ddns.net:7873

GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #597 on: August 03, 2014, 08:11:57 pm »

Should be able to right click and remove the bookmark.

Once I have them all back I can destroy the asset by sending it to the genisis block. I don't believe this completely gets rid of it but will essential destroy it.
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Pilot

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #598 on: August 03, 2014, 08:13:15 pm »

I just transferred my assets.

What are the new asset ids? Are you burning all the other assets so they don't show if searching for them? I'm not sure if it is possible to "delete" an asset.
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Pilot

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #599 on: August 03, 2014, 08:14:11 pm »

I just transferred my assets.

What are the new asset ids? Are you burning all the other assets so they don't show if searching for them? I'm not sure if it is possible to "delete" an asset.

Will I be getting nxtGenGHSA?

Have you also considered paying out BTC directly?
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