Introducing the Bit from the Block Mining Project- The First Cloud Mining Offering of its Kind!

A new service has presented itself as the first and only option for building a diversified cloud mining portoflio. Users can purchase Bitcoin mining power 1Gh at a time for only .002 btc per GH. Sales are hosted through Coinsortium.co. Crypto-Currency Stock Exchange. Below is information on the project.

Bit from the Block Mining Project

Join the Bit from the Block thread at Hashtalk.org and Bitcointalk.org

Bit from the Block’s (BftB) main mission is to raise 40 BTC in initial capital funded by BTC shareholders. Your contributions will be used to purchase Bitcoin Mining hardware and Cloud Mining Services.

“BftB” will be diversifying mining power expansion through hardware purchases hosted at a local professional data center and GAW Miners/ZenCloud, Hashnest, Zueshash, and Genesis-Mining Cloud mining services. Each Share represents 1GH of SHA mining power for .002 btc per share which allows for great investor returns without having to deal with the headache of owning mining hardware or dealing with cloud mining vendors.

Along with this, is the potential for expansion, into new and already identified Bitcoin related markets. These markets would be the margin trading and hedging of BTC price as well as residential/commercial property management through a BTC payment structure.

Join the Bit from the Block thread at Hashtalk.org and Bitcointalk.org

Capital allocation

-90% to invest mining hardware and cloud mining services.

-5% to invest in R&D for Future “BftB” projects

-5% to invest in Reserve fund for Shareholder Dividends.

Net Operating Profit allocation

-80% to Dividends to Shareholders which will be paid weekly.

-10% to Reinvest in More Mining Power

-5% to R&D of Future Expansion

-5% to Facilitate mining management and build Reserve Fund for Future Shareholder Dividends.  

Profit: Total Mining Revenues (Maintenance Fees + R&D Allocation + Reserve Fund Allocation) = Net Operating Profit

R&D Funds: - Initial Research and Development (R&D) funds will be used to complete the website www.bitfromtheblock.com. This would allow for an “Contributors Section” where mining performance can be seen and tracked as well as provide an area for investors to communicate with each other about the direction of “BftB” and what investors would like to see, current updates, and future plans. On top of that section, the ultimate goal is to have an online store where products can be purchased with BTC as well as having an “Education Corner” to learn all about BTC and a “Earning Corner” where visitors/Investors can have a one stop goto list to earn BTC for free.

Reserve Fund: -The purpose of the reserve fund is to cushion shareholders against a decline in BTC mining profitability. In the event that mining profitability declines to the point where our current mining income cannot support shareholder dividends, the reserve funds will be used to pay shareholders until additional hashing power can be added to our mining farms or until alternative measures can be decided upon. The reserve fund would allow for timely and manageable shareholder dividend payments in any scenario that may arise in the uncertain landscape that is Bitcoin.

IPO Remaining Open After Operations Shift:  BFTB shareholders recently held a vote to change the operational path of BFTB. Rather than waiting for the IPO to close before starting operations, it was voted upon to begin operations immediately and to continuously add hashing power as funds permit. The IPO will remain open for further reinvestments until all shares are sold.

Adding Hash Power: “BftB” will be purchasing additional hash power in blocks of 1,000Ghs to be allocated to generate shareholder dividends each week where enough shares were sold to warrant an addition. Every time a new block of GH is added to the project, it will be disclosed to shareholders at the next dividend payment period.

Share Buyback :

“BftB” retains the right to buy shares without notice on the prevailing market at the prevailing market rate.

We have no official buy-back policy and use only the current market trading price for valuation.

Disclaimer:

All investment opportunities come with risk and Bit from the Block “BftB” is no different. Please do your own research and due diligence before investing. We make no promise of returns and every investment carries risk so invest to suit your risk tolerance and invest only what you can afford.

All shares for sale on this platform are in the form of revenue shares and do not represent any ownership in the company.

We make no guarantee of results or profitability and want you to fully understand the risk when investing.

If in doubt Do NOT invest.