Author Topic: THEDOITYORSELFWORLD.COM Mining Proposal - Jan 31, 2018  (Read 876 times)

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Online JESSIE SCOTT

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #15 on: February 08, 2018, 10:28:56 pm »
And just how is he to differentiate between the electricity used for mining and that used for his water heater, his pseudo off grid washing machine, Melanie's electric appliance laden kitchen and whatever else happens to be at the end of the numerous extension cords?
      ACCORDING TO TROY HE WILL INSTALL A KILLAWATT METER ONTO EACH MINING RIG
I'm Jessie Scott and i approve this message....Have no fear .......MELANIE and little Pyongyang  are hard peddling the Great and Powerful Bedeni Motor , to provide electrical needs required by the Whack A Mole Mining Company. - Jessie Scott .
 
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Offline Barek

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #16 on: February 08, 2018, 10:55:08 pm »
      ACCORDING TO TROY HE WILL INSTALL A KILLAWATT METER ONTO EACH MINING RIG


That's what I heard from the audio...next question is: how would one know if that was the power used by one's own card or is it the combined power consumption of each and every device in the system (motherboard, other's graphics cards, SSDs, etc...).


Long story - short; I could conceivably send t-beggar an AMD Radeon 5670 (a decent older card) that runs at 205W (under load) and someone else sends a Radeon VEGA Fury R9 that (under load) runs at 365W...and they are both installed in the same mining rig...how does he plan to fairly distribute the costs across the same mining frame using a simple "at the wall plug" watt meter??
I knew all the rules...but the rules do not know me...guaranteed!
 

Online Bilbo

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #17 on: February 09, 2018, 06:02:11 am »
Simple, he takes his electricity bill and divides it among his investors. Shazam he now gets his electricity paid for by others.

Online JESSIE SCOTT

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #18 on: February 09, 2018, 10:44:14 am »

That's what I heard from the audio...next question is: how would one know if that was the power used by one's own card or is it the combined power consumption of each and every device in the system (motherboard, other's graphics cards, SSDs, etc...).


Long story - short; I could conceivably send t-beggar an AMD Radeon 5670 (a decent older card) that runs at 205W (under load) and someone else sends a Radeon VEGA Fury R9 that (under load) runs at 365W...and they are both installed in the same mining rig...how does he plan to fairly distribute the costs across the same mining frame using a simple "at the wall plug" watt meter??
.......... excellent question .    it should be asked of him by any party interested in entering in a CONTRACT with him
I'm Jessie Scott and i approve this message....Have no fear .......MELANIE and little Pyongyang  are hard peddling the Great and Powerful Bedeni Motor , to provide electrical needs required by the Whack A Mole Mining Company. - Jessie Scott .
 
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Offline E-beggars

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #19 on: February 09, 2018, 02:04:05 pm »
if i felt i could recoup my investment in a few months i'd be doing this too. 80 bucks a month.....no way. theres over 1400 altcoins, which one is he gambling on anyone know?
 
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Online Susan Hope

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #20 on: February 09, 2018, 02:46:39 pm »
      ACCORDING TO TROY HE WILL INSTALL A KILLAWATT METER ONTO EACH MINING RIG
LATER!
"...so I had to fight through this in my mind for a while now." Sept 2019 Masternodes
 
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Offline QuietKate

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #21 on: February 09, 2018, 03:14:51 pm »
      ACCORDING TO TROY HE WILL INSTALL A KILLAWATT METER ONTO EACH MINING RIG



Doubt Reid has enough functioning wall outlets or strip outlets to execute that feat in the electric water heater/bedroom housing the crypto currency rigs running 24/7. Assume the capacity of the circuit breaker box for the rat's nest chalet is ~100 amp board as it has been the standard minimum for US Households since the 1960's. Regarding distributing fairly the electrical usage & kilowatt hour cost for his investors' graphic cards, that shall be determined by the formula most profitable to Troy Reid.
 
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Offline QuietKate

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #22 on: February 09, 2018, 03:43:31 pm »
And didn't he say something about an ATTORNEY reviewing this contract???

I don't see that mentioned nor identified. 

What's his LLC number??? 

IDIOT!!!!!!!!!!!!!
Does this help?
 
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Online ermorgan0926

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #23 on: February 09, 2018, 06:21:40 pm »
What a deal!  You put up the money and Troy rakes in the profit.   What does he risk?  Nothing.
 
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Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #24 on: February 09, 2018, 07:59:52 pm »
What a deal!  You put up the money and Troy rakes in the profit.   What does he risk?  Nothing.
He risks someone sending him a Vidja card with a couple of important pins shorted causing some magic smoke.  8)
Just saying of course.
"Due to the flack I receive from so many people I have not been showing my wiring. That is just how it is."
 
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Online DanMcC

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #25 on: February 09, 2018, 08:12:42 pm »
He risks someone sending him a Vidja card with a couple of important pins shorted causing some magic smoke.  8)
Just saying of course.

But Turd's a 'lectronics geenius...Master German 'puter builder...Interweb cafe runner...Water cooler 'nventer...

No way anyone could fool him... ;)
 
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Offline crankshaft

Re: THEDOITYORSELFWORLD.COM MINING PROPOSAL
« Reply #26 on: February 16, 2018, 06:52:14 pm »
This is the mining proposal Troy has posted on his website .

Shared Altcoin Mining
Internet & Websites | By: Troy Reid (01/31/18) Views: 104
The Do It Yourself World LLC is now offering you a way to get into cryptocurrency (altcoin) mining without any knowledge or skills necessary.
 
With this program you will get to keep 50% of the cryptocurrency (altcoins) mined after costs. You do not need to have any knowledge of mining or how it works. No computer skills are needed at all. The Do It Yourself World LLC will set up, operate and maintain the mining rigs for you.
 

 
And here is the deal.
 
You buy a graphics card. We will walk you through the process so dont worry. All you have to do is pick your investment amount We do the rest. You own the graphics card and you remain the owner for the life of the card. There are two ways to do this. One, you buy a card and mail it to us. Or two, you transfer the money and we buy it for you. Either way, the card remains yours forever. (More later on about this).
 
The DIY World will install your card into an altcoin mining rig for you. We will maintain the rig and share with you 50% of the coins mined each day after the cost of electricity.
 
You will be taught everything you need to know about what to do with your newly mined coins. You will learn about wallets and how to transfer cryptocurrency from one form to another. And you will learn how to sell cryptocurrency for US Dollars and get it into your bank account.
 
The DIY World will send you the coins mined with your graphics card on each payout from the mining pool. A mining pool is a website where larger groups of miners work together. This increases the ability to earn altcoins. You will learn about this too later on.
 
Graphics cards start at about $140 for entry level cards and go up to $1,200 for high end cards. The more powerful the card, the more your earnings each month. An entry level card will mine about $30 to $80 worth of coins per month. The value varies from day to day based on the current market price and the coins being mined.
 
A larger card can mine upwards of $80 a month.
 
Your card will continue to mine coins for the duration of its life or until it becomes obsolete. This can be potentially mean years. More powerful cards will of course be valid for much longer than cheaper cards.
 
A graphics card can see a return on investment between 2.5 to 6 months. This is an estimation and can vary based on market price of the coin being mined and the original price and power of the graphics card. Your card will continue to mine long after that time. At this point its all profit for you.
 
It is a good idea to mine penny coins, which are worth a penny or less and are easy to mine. In this way you can get thousands of these coins which you hold on to until they gain in value. The potential here is huge while the risk is very low. With mining coins there is really no risk since you are not purchasing anything after the initial purchase of the graphics card.
 
Mining popular and more common altcoins will help you pay the bills each month. The more graphics cards you have going, the more you get each month. These coins can either be saved in hopes that they gain in value or sold for USD. It is your decision.
 
The DIY World will not hold your coins. You get 50% of the coins mined (after cost) with your graphics card every time there is a payout. The coins go into a wallet that you hold. A wallet is like a savings account only you can actually download it onto your computer, put it onto a USB stick or even print it out on paper and put it into a safe deposit box. (You will be taught all about this later).
 
The graphics card will remain your property at all times. If at any time you want your card back, just send us the request in writing, pay the shipping and the card will be sent to you. It is your property. Each card will be labeled with a number to identify it as your own card.
 
There can be up to 6 or 8 graphics cards on a mining rig (computer). Some of these may be your own cards and some may belong to other people. If you have multiple cards of the same type, they will be working side by side on the same mining rig. By sharing a computer, you are also reducing your share of the cost of electricity used in mining. A computer can use up to 150 watts of electricity alone and by sharing this cost everyone saves a bit in the end.
 
If a computer (note) dies for any reason, the cost of repairs will be by The Do It Yourself World LLC. There will never be any direct cost to you after the initial purchase of your own graphics cards. Please understand that, although breakdowns are rare, there may be down time. The DIY World will do our best to have every single graphics card mining to its fullest potential at all times. (note) A computer means the supporting hardware and not the graphics card. This includes the mother board, CPU, RAM, hard drive, power supply, cables, etc.
 
If a graphics card dies and is under warranty it will be replaced as fast as possible and put back into service. If a graphics card dies and is no longer under warranty this is considered end of life of this card. The card will be removed from service. At this time you may send us another card or leave it. It is up to you. You may request the return of a dead graphics card and pay the shipping for it if you choose. It is your card.
 
When a payout is made by a mining pool, your half of the coins will be sent to your wallet. All transactions will be kept in a spreadsheet with time and date stamps. This spreadsheet will be sent to you at regular intervals so you can keep track of your mining progress and coins mined.
 
All transactions on the blockchain are transparent. If you like, you can ask for the link to your graphics card working on the internet and mining coins. There may be more than one graphics card mining along with your computer if you own less than 6 of the same cards. Everything is transparent and you can monitor your success each day, minute by minute. This is fun and exciting to watch.
 
We will try our best to mine the coin you prefer but please understand that, unless you have multiple cards running, your card may be sharing a computer with other people. And The DIY Wold reserves the right to switch coins without notice if a mining pool goes down or the value of a coin drops suddenly. We will always look for the most valuable coin to mine with your particular card. This can vary from card to card.
 
If you prefer to mine a coin that is not currently being mined by the computer your graphcs card is on, you may always sell those coins and purchase the coin of your choice with your earnings. We will teach you all about this later though a free video training series.
 
If you have any more questions, please feel free to contact Troy Reid of The Do It Yourself World LLC troy.thedoityourselfworld@gmail.com
 
When you decide to jump in and buy a card, please email Troy at the above email address with your full name and address plus the amount that you want to spend. An agreement will be sent to you to sign. Everything will be transparent and open, and in writing.
 
Happy mining.
 
Troy Reid
The Do It Yourself World LLC
  it started out you bought the 700 $ graphics card. now you give him money to boot? what a guy!
 
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