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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 184562 times)

GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #600 on: August 03, 2014, 08:26:18 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.

nXtGenGHS: 9312536843540017349
nXtGenGHSA: 15562173353187153599
nXtGenKHS: 1875558765015850646
EnergyGHS: 964524364158165243

I will be trying to get rid of them through the genesis block.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #601 on: August 03, 2014, 08:30:47 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?

You will have received nXtGenGHS as you have active mining assets. The nXtGenGHSA is for a future contract to commence no later than the end of August

I will be launching a new asset for Bitcoin mining specifically. There will be a minimum buy in still to be determined. I was at first thinking 10 THS min but then we discussed the divisibility issue. We are now looking at the idea of 1 THS assets. I may also adjust KHS to MHS in the near future.
« Last Edit: August 03, 2014, 08:34:15 pm by GQM »
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crypto4jan

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #602 on: August 03, 2014, 08:33:57 pm »


EnergyGHS Asset Payout - Week #4 5
https://docs.google.com/spreadsheets/d/14Wawgb4sCVeJfoDW05OR8dz6nn2NYt6ESg9WfqYyxdg/edit?usp=sharing
Lastly we are announcing a new program. I have been trying to put together videos and tutorials along with other content for the community. One of the things my team and I have discussed is the idea of offering bounties for such things. I think together we can build something that we all want to use and together it will be that much better. We will be releasing the details of this program soon. Anyone interested please PM me and we can discuss ideas.
Now I understand the delay of the web side and instructions for the EnergyGHZ asset.
Maybe someone from the EnergyCoin Communities will help to get the bounty.
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masterrobo

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #603 on: August 03, 2014, 08:34:41 pm »

I just sent you all my assets.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #604 on: August 03, 2014, 08:41:14 pm »


EnergyGHS Asset Payout - Week #4 5
https://docs.google.com/spreadsheets/d/14Wawgb4sCVeJfoDW05OR8dz6nn2NYt6ESg9WfqYyxdg/edit?usp=sharing
Lastly we are announcing a new program. I have been trying to put together videos and tutorials along with other content for the community. One of the things my team and I have discussed is the idea of offering bounties for such things. I think together we can build something that we all want to use and together it will be that much better. We will be releasing the details of this program soon. Anyone interested please PM me and we can discuss ideas.
Now I understand the delay of the web side and instructions for the EnergyGHZ asset.
Maybe someone from the EnergyCoin Communities will help to get the bounty.

Yes this is something we had to stop mid development to figure out our structure legally and financially. For now we will be operating under the trade name nXtGen Mining. We are continuing to develop the branding and full business model and need the time to grow. I can't share everything with you all right now but in good time. We really want to include the community in that development as much as possible to help shape the services that you use. Who knows better than you guys as to what you want to see. We are going to develop the foundation and then construct the building together, if that analogy makes any sense :)
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #605 on: August 03, 2014, 08:45:00 pm »

I just sent you all my assets.

Received and sent new assets :)
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fredfeuerstein

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #606 on: August 03, 2014, 08:55:45 pm »

Thank you..i get my new assets ;-)
« Last Edit: August 03, 2014, 08:59:43 pm by fredfeuerstein »
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fredfeuerstein

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #607 on: August 03, 2014, 09:04:50 pm »

Why we get our dividends so fast this Week? I thought in future you will payout our dividends on monday or tuesday?! Is there a new period from saturday to friday?
« Last Edit: August 03, 2014, 09:08:37 pm by fredfeuerstein »
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pf

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #608 on: August 03, 2014, 09:11:50 pm »

We hope to continually upgrade the equipment and increase efficiency which will reduce costs. Costs are calculated as such

GHS = $0.15/MTH
KHS = $0.005/MTH

I have it broken down in the spreadsheets and we are offering the most competitive hosting rate in the market. I hope to only improve that rate overtime as we grow and upgrade equipment.


competitive? How is $0.15/GH competitive? Here are some examples of what I mean - you must be outsourcing the hosting and marking it up considerably for $0.15/gh:

 GAWMiners/Zencloud hosts 1 TH Antminer S2's for only $2.45 a day -$73.50 per month - $0.0735/GH) for 1 TH. - http://www.gawminers.com/products/1-th-s-antminer-s2-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-24-hour-activation/

Zencloud also offers 1.1 TH A1's for only $3.18 per day - $95 a month ($0.09/GH) http://www.gawminers.com/products/1-1-th-s-a1-by-gridseed-1-month-of-free-zencloud-hosting-service-24-hour-activation-asic-bitcoin-miner/
Zencloud hosts S3's for only $0.90 a day - assuming you need 5 S3's per 2000 GH that is only $4.50 per day for 2 TH.  ($135 / month, or $0.0675/GH) - http://www.gawminers.com/products/478-gh-s-antminer-s3-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-august-8th-activation-asic-sha-256-miner/
  Coining Solutions hosts S3's for $59/month  (which is $110 / 920 GH, so under $0.12)

Have you started outsourcing all of your hosting? If the new operational costs remove the 3% fee, what % of that $0.15/GH is profit for you?

And no, my association with my own asset has nothing to do with why I am asking these questions.

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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #609 on: August 03, 2014, 09:26:09 pm »

Why we get our dividends so fast this Week? I thought in future you will payout our dividends on monday or tuesday?! Is there a new period from saturday to friday?

I have been up all night working to get them done. This week I didn't have to wait for any confirmations and was able to get everything through without a hitch. Just have EnergyGHS left to payout tonight.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #610 on: August 03, 2014, 09:37:13 pm »

We hope to continually upgrade the equipment and increase efficiency which will reduce costs. Costs are calculated as such

GHS = $0.15/MTH
KHS = $0.005/MTH

I have it broken down in the spreadsheets and we are offering the most competitive hosting rate in the market. I hope to only improve that rate overtime as we grow and upgrade equipment.


competitive? How is $0.15/GH competitive? Here are some examples of what I mean - you must be outsourcing the hosting and marking it up considerably for $0.15/gh:

 GAWMiners/Zencloud hosts 1 TH Antminer S2's for only $2.45 a day -$73.50 per month - $0.0735/GH) for 1 TH. - http://www.gawminers.com/products/1-th-s-antminer-s2-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-24-hour-activation/

Zencloud also offers 1.1 TH A1's for only $3.18 per day - $95 a month ($0.09/GH) http://www.gawminers.com/products/1-1-th-s-a1-by-gridseed-1-month-of-free-zencloud-hosting-service-24-hour-activation-asic-bitcoin-miner/
Zencloud hosts S3's for only $0.90 a day - assuming you need 5 S3's per 2000 GH that is only $4.50 per day for 2 TH.  ($135 / month, or $0.0675/GH) - http://www.gawminers.com/products/478-gh-s-antminer-s3-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-august-8th-activation-asic-sha-256-miner/
  Coining Solutions hosts S3's for $59/month  (which is $110 / 920 GH, so under $0.12)

Have you started outsourcing all of your hosting? If the new operational costs remove the 3% fee, what % of that $0.15/GH is profit for you?

And no, my association with my own asset has nothing to do with why I am asking these questions.

As stated in my quote "I hope to only improve that rate overtime as we grow and upgrade equipment". Our business model is also different and cannot be compared directly. If you compare us to other contract based cloud mining companies we are very competitive.

If you need hosting well that is a separate business which if you wish we can discuss. Depending on your usage and term determines the price. We can also offer units for sale and host them just the same but again the business models are separate. At the end of the day you are buying mining equipment from them which you cannot sell immediately and need to get shipped to you and then pay duty and taxes at the end of your term. These are all hidden costs. You are 100% right that is a great rate and should be looked at for those interested in buying hardware and then paying for hosting. Under nXtGen Mining we run a different model.
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pf

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #611 on: August 03, 2014, 10:15:50 pm »

We hope to continually upgrade the equipment and increase efficiency which will reduce costs. Costs are calculated as such

GHS = $0.15/MTH
KHS = $0.005/MTH

I have it broken down in the spreadsheets and we are offering the most competitive hosting rate in the market. I hope to only improve that rate overtime as we grow and upgrade equipment.


competitive? How is $0.15/GH competitive? Here are some examples of what I mean - you must be outsourcing the hosting and marking it up considerably for $0.15/gh:
 GAWMiners/Zencloud hosts 1 TH Antminer S2's for only $2.45 a day -$73.50 per month - $0.0735/GH) for 1 TH. - http://www.gawminers.com/products/1-th-s-antminer-s2-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-24-hour-activation/
Zencloud also offers 1.1 TH A1's for only $3.18 per day - $95 a month ($0.09/GH) http://www.gawminers.com/products/1-1-th-s-a1-by-gridseed-1-month-of-free-zencloud-hosting-service-24-hour-activation-asic-bitcoin-miner/
Zencloud hosts S3's for only $0.90 a day - assuming you need 5 S3's per 2000 GH that is only $4.50 per day for 2 TH.  ($135 / month, or $0.0675/GH) - http://www.gawminers.com/products/478-gh-s-antminer-s3-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-august-8th-activation-asic-sha-256-miner/
  Coining Solutions hosts S3's for $59/month  (which is $110 / 920 GH, so under $0.12)

Have you started outsourcing all of your hosting? If the new operational costs remove the 3% fee, what % of that $0.15/GH is profit for you?

And no, my association with my own asset has nothing to do with why I am asking these questions.

As stated in my quote "I hope to only improve that rate overtime as we grow and upgrade equipment". Our business model is also different and cannot be compared directly. If you compare us to other contract based cloud mining companies we are very competitive.

If you need hosting well that is a separate business which if you wish we can discuss. Depending on your usage and term determines the price. We can also offer units for sale and host them just the same but again the business models are separate. At the end of the day you are buying mining equipment from them which you cannot sell immediately and need to get shipped to you and then pay duty and taxes at the end of your term. These are all hidden costs. You are 100% right that is a great rate and should be looked at for those interested in buying hardware and then paying for hosting. Under nXtGen Mining we run a different model.
Have you started outsourcing all of your hosting? If the new operational costs remove the 3% fee, what % of that $0.15/GH is profit for you?
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NXT Multipool! Mine Scrypt, SHA, Keccak or X11 for NXT! http://hashrate.org
http://hashrate.org/getting_started for port info!

GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #612 on: August 03, 2014, 10:22:23 pm »

We hope to continually upgrade the equipment and increase efficiency which will reduce costs. Costs are calculated as such

GHS = $0.15/MTH
KHS = $0.005/MTH

I have it broken down in the spreadsheets and we are offering the most competitive hosting rate in the market. I hope to only improve that rate overtime as we grow and upgrade equipment.


competitive? How is $0.15/GH competitive? Here are some examples of what I mean - you must be outsourcing the hosting and marking it up considerably for $0.15/gh:
 GAWMiners/Zencloud hosts 1 TH Antminer S2's for only $2.45 a day -$73.50 per month - $0.0735/GH) for 1 TH. - http://www.gawminers.com/products/1-th-s-antminer-s2-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-24-hour-activation/
Zencloud also offers 1.1 TH A1's for only $3.18 per day - $95 a month ($0.09/GH) http://www.gawminers.com/products/1-1-th-s-a1-by-gridseed-1-month-of-free-zencloud-hosting-service-24-hour-activation-asic-bitcoin-miner/
Zencloud hosts S3's for only $0.90 a day - assuming you need 5 S3's per 2000 GH that is only $4.50 per day for 2 TH.  ($135 / month, or $0.0675/GH) - http://www.gawminers.com/products/478-gh-s-antminer-s3-by-bitmain-tech-1-month-of-free-zencloud-hosting-service-august-8th-activation-asic-sha-256-miner/
  Coining Solutions hosts S3's for $59/month  (which is $110 / 920 GH, so under $0.12)

Have you started outsourcing all of your hosting? If the new operational costs remove the 3% fee, what % of that $0.15/GH is profit for you?

And no, my association with my own asset has nothing to do with why I am asking these questions.

As stated in my quote "I hope to only improve that rate overtime as we grow and upgrade equipment". Our business model is also different and cannot be compared directly. If you compare us to other contract based cloud mining companies we are very competitive.

If you need hosting well that is a separate business which if you wish we can discuss. Depending on your usage and term determines the price. We can also offer units for sale and host them just the same but again the business models are separate. At the end of the day you are buying mining equipment from them which you cannot sell immediately and need to get shipped to you and then pay duty and taxes at the end of your term. These are all hidden costs. You are 100% right that is a great rate and should be looked at for those interested in buying hardware and then paying for hosting. Under nXtGen Mining we run a different model.
Have you started outsourcing all of your hosting? If the new operational costs remove the 3% fee, what % of that $0.15/GH is profit for you?
4.2 Hosting costs include the costs of hosting the Mining Equipment, the electricity to operate the Mining Equipment, and other fixed costs including maintenance, repair and upgrade and replacement of the Mining Equipment.

There is not much left for profit after that.

Our operational costs and profit come from our sales.
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rstanaford

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #613 on: August 04, 2014, 12:39:28 am »

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 :)

I have transferred my assets to the requested address.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #614 on: August 04, 2014, 12:40:48 am »

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 :)

I have transferred my assets to the requested address.
Thank you. I've just stepped out for an hour. Will transfer them as soon as I'm home :)
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Lagb

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #615 on: August 04, 2014, 12:51:20 am »

Hi Ryan,

I transferred my assets.
I trust you, I think that regulation will be obvious, one day or other.

I'm waiting for my new assets.

Thank you for the hard work.
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #616 on: August 04, 2014, 02:10:10 am »

I have completed the other asset transfers. We are past 50% in less than 24 hours :)
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jefdiesel

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #617 on: August 04, 2014, 02:30:52 am »

sent my Ks and Gs

thanks Ryan
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GQM

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #618 on: August 04, 2014, 02:35:08 am »

sent my Ks and Gs

thanks Ryan

Received and sent :)
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Darkhorse

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Re: [ANN] [nXtGen Mining] The next generation of mining!
« Reply #619 on: August 04, 2014, 03:03:30 am »

Sent my GHS.
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