Post
Topic
Board Securities
Topic OP
Creative Mining Official IPO thread
by
CreativeMining
on 24/08/2014, 11:28:24 UTC
http://i.imgur.com/FcHHGsm.jpg

Creative Mining was created with the intent to give investors the opportunity to participate in Bitcoin mining,
 without purchasing and maintaining their own hardware.



ABOUT ME

I gathered interest and started mining Bitcoin in early 2013. It has been an awesome experience so far but recently, it has become much more than that for me. As for growth, I see great potential. I want to expand Creative Mining largely and will be doing so, obviously, in accordance with the terms of this project.


LOCATION

Creative Mining
Seilfahrt, Bochum
North Rhine-Westphalia, Germany
office@creativemining.eu

Creative Mining website

Crypto-Trade.com TickerID - CREATIVE



MINING

Creative Mining is a Bitcoin mining project, located in Bochum, Germany. Our miners are kept at a very secured location underground, with access to free electricity grid, up to a maximum of 100kW. These advantages will make Creative Mining competitive with any other mining assets on the market. The company will offer 10,000 non-dilutable shares of a Creative Mining.


DIVIDENDS

Dividends will automatically appear in shareholders Bitcoin wallets every Friday. Dividends will consist of 65% of Creative Mining net revenue for the week. Net revenue is defined as the total of all Bitcoins mined minus maintenance costs.
The percentage of the net revenue paid in dividends can change if shareholders vote to change it. Such action will only occur if the state of the Bitcoin mining space demands it.


REINVESTMENT

Every week, Creative Mining will reserve a percentage of mined Bitcoins equal to 35% of net revenue. These investments will allow Creative Mining to deploy additional hardware. Time of deployment for this additional hardware will be in the best interest of shareholders.


OUR CURRENT MINING SET-UP

4x 'KNC' Neptunes with first ever 20nm chip, 20 boxes hashing at ~13.8 Th/s total

13x 'CoinTerra' Terraminers with 4 x GoldStrike 28nm ASIC Chips (2 per board) hashing at ~1.6 Th/s each - ~19.5 Th/s total

6x 'Avalon' #2Batch 2 module 160 55nm chips on each module, hashing at ~240Gh/s each - ~1.41 Th/s total

120x 'Gridseed' Dual 5 chips on each module, hashing at ~11Gh/s each - ~1.3Th/s total

19x 'Bitmaintech' AntMiner S3 B6 hashing at ~450Gh/s each - ~9Th/s total

5x 'Bitmaintech' AntMiner S3 B8 hashing at ~455Gh/s each - ~2.4Th/s total

13x 'Bitmaintech' AntMiner S4 B2 hashing at ~2.1Th/s each - ~26.6Th/s total

Creative Mining total hashing power ~75Th/s = 7.5Gh/s per share