Mining Shares and how you earn from it?!

Started by Admin 2018-01-13 at 06:04
20 replies to this topic
Admin
Admin
Posts: 628
1 Share costs $10 , this money will be used to buy mining hardware. User will earn 100% mining profit (mined coins - electricity) until they reach to 144% ROI, then share(s) will be expired.

Shares will always be limited, to make sure we can handle the amount. From time to time we will add some more shares to sale and if shares will expire, they may or may not come back to sale, again depending how much we can handle. Number of shares available is shown in Statistics topic.

Earned profit will be added daily to your account balance, you can see from Mining History menu how much have you earned each day. Profit will be credited daily, but at the random time of the day, due at the moment i will convert profits into USD value manually and then earnings will be distributed.

You earn referral commission on shares bought by your referrals, you can see exact percentage from Upgrade page from section Referral Advertising Purchase Commission

There is no ETA, how long exactly it will take to reach 144% ROI, but by the current situation we believe it will take around 1 year.

We will be using only GPU mining hardware at this moment, that is due there we will be using common computers hardware and powerful video cards, so these mining rigs have value even if mining should be not profitable no longer for some reason and you have backup for your invested money, which you would not have having ASIC miners in the same situation. It's also rather easy to upgrade to more powerful video cards if needed at some point. So basically if mining should not be profitable no longer at some point, we can still sell all the hardware and pay up for users.

Miners will be at first stored at my home, so i have basically 24/7 overview of them and if we should run out of power (needs tens of miners), then next ones can be stored in my office as well.
I will also add all miners under my insurance, so just in case if something should happen. And we will be using only new hardware, that way we have also warranties if something should happen.

Mining itself is live and to make start a little more smooth, i have 2 GPU miners owned by myself, so i will be sharing out minings from today, depending on shares sold, until we have enough funds to purchase hardware from shares money.

We do not mine 1 certain coin, we will be mining whatever is making most profit at the time.

What kind of hardware you need for miner and what does it cost?

Rig itself contains: frame, power supply unit(s), motherboard, memory, processor, hard drive and card risers. 1 Rig costs roughly around $500-600

On each rig we will use 6 or 8 video cards. I will be using GeForce 1070 video cards or GeForce 1080ti video cards.
1070 costs around $500-600 each, 1080ti costs around $1000 each.
1080ti is roughly 1.5x powerful than 1070. So i most likely start of with 1070 as 1080ti prices are still quite high and at some point hope to go for 1080ti (or something else if should be better option)

Good part about GPU mining is that we dont need to wait until we have money for all 6 or 8 cards, so we can keep adding cards when more shares will be bought



Please ask any questions you have regarding it, i just did write down at the moment what came to mind! Also if we have mining people here, discussions are always welcome :)
« Last Edit: 2018-01-13 at 06:24 by Admin »
Dikobraz999
Clicker + $0.10 daily
Posts: 262
Rly i not proffy in that i preffer just buy some popular coins aka: Ripple, Xem(nem), Stellar, Cardano. Now all that coins have cheap price BUT in future im sure or ALL coins or 50/50% give mega-profit! Rly i not see reason make or home mining or big mining with asics, coz for first its very very expensive + electro + many many headache.. About shares mining on Buxes hmm i dont know too.. better i just will be work as oldie with rr's and dr's Now i see it's rly trend Dimitris open his new bux and offer buy his shares 10$ per share on 240 days with every day profit 0,5% and Michael too use that idea, i dont say it's something bad,
anyway its new modern ways for earning and sure is not bad
Admin
Admin
Posts: 628
Hehe, yes, probably many will stick with old Referrals system, we converted it to new RR system also, cause we are backing now RRs with some mining also, besides just advertising sales, which means it is more stable income and we can pay a little more profits than before.

For pure mining shares, it is longer investment, but ROI is also better and its fully passive, no need to recycle or even click 4 ads. But with RRs you get less profit, but you can extend for shorter time, so you get money back quicker.

And its not really headache after you get around things, at first it was a nightmare
And one of the reasons that idea came up, was cause we have really cheap electricity here. Miners are expensive indeed, but it earns back good and its value drops quite slowly compared to earnings.

It was made just to put something new out and step a bit out form just PTC site.
Dikobraz999
Clicker + $0.10 daily
Posts: 262
Quote: Admin
Hehe, yes, probably many will stick with old Referrals system, we converted it to new RR system also, cause we are backing now RRs with some mining also, besides just advertising sales, which means it is more stable income and we can pay a little more profits than before.

Yes coz rly its only pluses for ALL coz you can use your big expirience in your main advertise way and + add new way - mining way = it's strong combo
Quote: Admin
For pure mining shares, it is longer investment, but ROI is also better and its fully passive, no need to recycle or even click 4 ads. But with RRs you get less profit, but you can extend for shorter time, so you get money back quicker.

Sure, we can work as before + can use new possibilities and get more coz combo profit
Quote: Admin
And its not really headache after you get around things, at first it was a nightmare


Quote: Admin
And one of the reasons that idea came up, was cause we have really cheap electricity here.

this is very key words, VERY
Quote: Admin
It was made just to put something new out and step a bit out form just PTC site.

Just impossible more close the eyes when all around make money with mining
and this is absolutely righ Michael
« Last Edit: 2018-01-13 at 13:36 by Dikobraz999 »
Ellington
Grand Ultimate
Posts: 29
Nice idea Admin. But what you think about discounts for 10 credits maining? For Example If 1 credit cost 10$, then 10 credits wiil be better cost cheaper 90$? Many users would buy 10 credits
Admin
Admin
Posts: 628
Hi,

When i started it, i decided mining shares to never have any discount. So these are fixed prices forever, 10 pack is just easier to buy if you want higher amount of shares, no other difference.
Dikobraz999
Clicker + $0.10 daily
Posts: 262
Quote: Admin

You earn referral commission on shares bought by your referrals, you can see exact percentage from Upgrade page from section Referral Advertising Purchase Commission

Hello Michael, you mean this?
https://i.imgur.com/b5Wmbit.png

0% for PRO upgrade? and only 2-3% for Grand/Grand Ultimate? its so low
Admin
Admin
Posts: 628
Hey,

It actually was lowered to there in summer 2014, due we sometimes sell memberships, RRs, etc. and now Shares via Adveritising panel, then users started earning more from that commission than actually from RRs or DRs. And if we raise the percentage higher, then we have to take that money from somewhere, means we have to drop for example RR earnings, which you probably don't like
« Last Edit: 2018-01-31 at 00:56 by Admin »
Dikobraz999
Clicker + $0.10 daily
Posts: 262
No-no, only dont change RR's work now i happy with stable and enough good work with RR's And about % from Shares DR's rly aslo no problem, coz main ref % it's from clicks