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Topic
Board Tokens (Altcoins)
Re: 🔥🔥[ANN] Cointed ICO | 180 mio$ revenue | 100k GPUs | 100+ Bitcoin ATMs 🔥🔥
by
cointed_official
on 19/10/2017, 20:51:05 UTC

Hey Thx a lot for your update!

Let me commet on your updates:

2.) your mining farms with 130.000 GPUs:
One pictures you uploaded we see a storage room with a few hundred mining rigs (multipled with 8 graphiccards). That means on the pictures we see around 3-5k graphicards, and none of them is running.

So you claimed to have 130.000 GPUs in multiple mining farms.
But you really have a storage room with 3000 to 5000 GPUs THAT ARE NOT MINING but just sitting there and losing value.
Well, congratulations to your "mining farms"

4.) That is not correct, the first balance was due on 31.12.2016 and you did puplish it. And it says exactly what i descriped.

You claim to have 100m turnover in 2017
But you really can prove 35.000k with a lose of Euro 55.- in 2016.

They claim that everything is owned by your Hongkong limited is worth nothing because it is a limited. As you know limited stands comes from "limited liability" That means it is worth nothing expept you can prove assets in this Ltd.

And your claim that your Austrian Cointed GmbH is been owned by your Hongkong limited is also false. The ownership is as following as of today:
Rieder Christopher(Anteil: 90 %)
Thaler Wolfgang (Anteil: 10 %)


Concerning our Mining Farm, there seems to be a misunderstanding. Our graphic clearly states that 130k GPUs are on the roadmap for Q4 of 2017. Contracts with various suppliers for this volume have already been signed.

At the moment Cointed operates GPUs with a combined ETH Hashrate of about 400 GH/s in not only this mining farm in Sweden, but Austria as well. An additional 10,000 GPUs are being installed as we speak.

It should also be noted, Cointed does not only provide mining, but also sells the mining hardware AND software (such as in-house developed BIOS and operating systems) to customers and businesses alike.

Since Cointed has repeatedly been target by large scale DDOS attacks - after expanding throughout Europe and becoming a high profile mining company - Cointed now mines in private pools. Any mining company of even moderate size will be able to tell you that this is best practice behaviour.

Your comment that the GPUs simply lie around and are not operating seems odd, since those are clearly pictures of the assembling and set-up process, which our customers are extremely interested in.


As for your concerns regarding the company's status as an Ltd and other points, it seems rather obvious that there is a lack of knowledge regarding corporate structures and taxation in general.

The Cointed OG existed until 2016. The Cointed GmbH, has been operating since the beginning of 2017, which is why there obviously cannot be a annual balance sheet yet. We invite anyone to check the annual balance sheet of the company, which will be publicly available at the beginning of 2018, while the ICO will still be running - if it has not been sold out by that point!



Hope this helps clear a few things up! Smiley