I have an idea in my head.
About launching a cloud mining system.
That uses multiple cloud-mining companies, and use the payout to buy paycoin.
And i want to hear from you.
What do you think of these idea ?
And will you be interested to buy some shares of this ?

1 - Payment Proccesor : xpyerr.com
This is to support the community and a way to pay with paycoin

2 - Cost for 1 share : $ 1,-
I want to keep the cost as low as possible.

3 - Cloud Mining Companies : Eobot / Zeushash / Cryptsy MN / Genesis Mining
(i want to use as many as possible to spread the risk, IF something should happen with one of the companies)

4 - Vision for the future : expanding to Hashnet / Hashoceaan / Bit-x / Scrypt.cc / Mining Sweden / GetHashing / Hosted Mining / Staking Coins

5 - Mining operation :
-Main mining site will be eobot.
(the sales will be used to fund eobot GHS 2.0
and also the mined CURE will be used to buy more GHS 2.0)
-Zeushash will be funded by mining LTC trough eobot
-Cryptsy MN will be funded by a small portion of btc (probably 0,25 cryptsy mn p/day)
-Genesis Mining will be funded by RDD trough eobot (RDD will be converted into LTC)

6 -When eobot hits the 1500 GHS 2.0.
I will ask a daily fee of 5% of the BTC and 5% of the XPY.
That will be used to pay the loans at BTClend.
And stake the xpy for collateral, for further loans in the future.
(loans will be used to buy more hashpower for the future)

7 - number of shares : 1000 (start-up)

8 - Signing up : Only information i need is a paycoin account

So this is what i had in mind.
What do you think ?

Also i want to use paycoin-splitter for the payout.
But i can't find nothing online.

And i need some advice about making this system as transparent as possible ?
So i can earn some trust.

@yuckotheclown80 I like the sound of things, except for eobot, personally I have not heard anything about it. Not too sure how proven they are or their trustworthiness in the community so would lean more towards Hashnest personally. It may be lower payouts but you know they at least have the hardware lol.

I do like your goals to be very transparent, so to do that the best way is to do everything on the blockchain so people can see and trace transactions, issuing colored coins as "shares" is also a great route to make things transparent and simple since it does not rely on a database... we all know how reconciliations make databases not worth it.

On eobot, red flag one, the vouch pic is "borrowed" from here

All are matching image searches for "hipster" which well is sketchy. Fake pics of people, most likely fake reviews. More to come.

The public audit page and links to wallets is pretty redeeming, I do like that bit.

Cloud mining inventory is good as well, as long as it works properly. Being able to buy with paypal is another vote of coinfidence.

Wow just saw the break even points at around 12 months, which is pretty similar to hashnest returns, but you get the easier liquidity of having a built in exchange and knowing they have ample hardware to back up their cloudmining.

Go on...

Eobot ghs 2.0 = hashnest. 50% fee. Plus it has automatic withdrawal.

Zeushas = 75% fee.

All other cloud miners are either expensive or questionable.

How to buy shares, how to calculate payout...

Lot of work is needed but yes we need something to make buy walls for xpy. Dmd diamond has buy support setup like this.

I love eobot and using it we can make buying xpy hapen every 15 min or less using exhangemycoins.

We set eobot to mine doge (101 doge) and set automatic withdrawal to exchangemycoins. When eobot mines 101 doge (100 for conversion and 1 for transaction) it is automaticaly sent and converted to xpy using exchangemycoins.

My calculation is that we need minimal 500$ eobot ghs 2.0 to make 101 doge every hour...

I will support this. I have not managed to make a working model for community to use and if you or someone can make it happen we can finally start making xpy buy support.

Also do not mine cure (not profitable) and focus on doge and ghs 20. Ideally diversify between ghs 2.0 and doge.

This would be almost the same as the BFTB project that started earlier this year only that the payout will be in paycoin. A lot of things will need to be set in place but everyone can start small just like how @kkjj did it with the Ouroboros project.

Splitter:

https://coinsplit.io/

Or

Block.io

So.

Eobot mines doge and doge is sent to splitter. Splitter decides someones share of doge and calculated share is sent to exchangemycoins where it is converted to xpy and sent to investors xpy wallet...

As i said lot of work is needed and i will try to help...

I like where this is going, I've been thinking about something similar to this myself. Would love be part of this, if it done right

What is the need for the BTClend loan? why not just have more investors or higher price for shares?

How will the profit be shared vs reinvested, and what happens if/when you sell more shares after the first 1000?

Sounds good got my tick for support

Everyone interested should post their ideas so we can try to come up with a working model.

We have cloud miners. We have a way to continiously keep buying xpy.

What we need is a way to calculate investment-payout scenarious (how to distribute xpy based on investment.)

A 2 btc worth of S4 in Hashnest will give you around 0.01 btc a day or around 30 paycoins. Same amount for S5 will give a little less.

A 2 btc worth of khs in scrypt.cc will give around 100 paycoins a day in profit.

@kkjj i like your idea of coinsplit and a combo of btc instead of doge
Only thing is, to make the combo with exchangemycoins.
Does it work like fastxpy ?
So when you make a deposit, the same address will be used ?

@Tetraphobia first i want to do a start-up and when the main goal is reached.
Then we can look futher.
(every investor can take a vote into it, how they like to grow further)
I want it to make more of a community cloud-mining system and not a big company like GAW.

Also i like hashnet, only problem is.
They don't have a steady payout !
I've got a account with 1,6 Ths running (s5+s4)
One day i have a payout of 0,012 BTC and the next 0,006.
While with zeushash you have less profit, but more steady payouts.

@yuckotheclown80

Yup. Exchangemycoins reuses same address. Try it out with few doge. Unlike fastxpy 500 minimal doge to xpy exchangemycoins minimal is now 6 doge to xpy.

Why doge. Because of 1 doge transaction fee.