De Monarch Bitcoin Domain

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Monarch Bitcoin Mining Farm

I am an entrepreneur and IT professional based in Seattle, Washington. I have been working as a Software Engineer for over 15 years, for various technology companies such as Microsoft, Samsung and AT&T. I have also started my own company to make online games and mobile games.
I first read about Bitcoin around January or February 2013, and I thought it was a brilliant idea. However, I decided at that time to not joining the Bitcoin crowd, as I wanted to focus on my own projects. I have since hired several employees to start working on the games.
Since December 2013, I was very surprised by Bitcoin's price which reached $1200 at one point. I started to think about Bitcoin as a serious business, not just a hobby. I immediately ordered a 50 GH/S Single from BFL, and received it just before Christmas. I was pretty sick at that time and only started to hash on January 1st, 2014. I have since mined 0.53 Bitcoin.
Right after I placed the order for 50GH/S Single, BFL cut the price on all of its products, including Monarch to about half of the original price. I started to think about building a Monarch mining farm, as it's evident now that my little 50 GH/S Single won't get me anywhere.
I tried to place an order for 4 600GH/S Monarch cards, but the bank says it's over my withdrawal limit. So I had to split the order into 2 orders or 2 Monarch cards each. I then placed another order of 11 600GH/S Monarch cards on New Year's Day once I increased my withdrawal limit with the bank.
I planned to place another order of 15 600GH/S Monarch cards in the following weeks, but I still won't be able to get institutional pricing, as I haven't got 50 orders yet.
I then got the idea of building a Monarch Bitcoin Mining Farm not just by myself, but with the help of all who are interested in joining me.
By pool our money together, we will be able to: 1) We can get institutional price, which is significant discount to retail price; 2) We can get better price by renting rack space together in data centers based in Seattle, which has some of the cheapest electricity in the states; 3) We get the benefits of scale of economy, and also eliminating maintenance cost for all us who are in the pool.
I have looked at other options of hashing contracts, and they are either too expensive (>2 times of hardware costs) or too short (only last for one year) or not flexible (can't sell the contract in middle), or worst of them, have all these undesired features in one contract.
I have designed our contract to work as such: 1) You can join at any time; 2) You can quit at any time. You will be refunded your share of the total hardware value at that time. 3) You can invest in any amount, from $1 or 0.001 Bitcoin, to whatever amount you desire; 4) You can pay using ACH, Wire, Paypal, Credit Card, Bitcoin, or whatever currency which we can reach an agreement on; 5) Your contract will be signed and notarized by bank officers to establish trust & confidence between us and to prevent fraud. 6) You will be paid your share of Bitcoins allocated to you monthly, which is 50% of all Bitcoins mined, multiplied by percentage of your shares in the pool; 7) The other 50% of all Bitcoins mined will be used to pay for cost & maintenance of the pool; 8) Your contract will be valid for the lifetime of the pool or till cancelled by you, whichever is earlier; 9) If the majority of pool members (each member has the voting power represented by their shares in the pool) have decided to close down the pool, all hardware will be sold at the market price, and the yields will be distributed to pool members according to their shares in the pool; 10) Your share of the pool is determined by your investment so far divided by the total investment of the pool.
In a nutshell, you would be able to pay a discounted price for a Monarch card, and then pay the same price for the maintenance & cost for the lifetime of the card, and got all Bitcoins generated in its lifetime. This is a win-win deal compared to other hashing contracts which cost more and only last for 12 months. You can also think this as a host or cloud hashing solution with no upfront cost, as you only pay for the hardware, and all maintenance costs are paid by me. My return is 50% of all Bitcoins your hardware mined so I can pay for the maintenance costs, and may be have a little left for myself if I can cut the cost enough .
In the long run, as a pool member, you should win big, as the maintenance & electricity & hosting cost will far exceed the hardware cost.
Think about it, when the hardware reaches the end of its lifetime, the Bitcoins it mined won't even cover the cost of electricity. However, you will still be paid half of the Bitcoins it mined, which is equal to half of its electricity cost. I will pay the other half of its electricity cost plus hosting plus maintenance with half of the Bitcoins it mined, which leaves barely nothing for me, or even worse, in red.
Also, with other host solutions, your share of the pool is determined by your hashing power purchased initially, which stays the same for the life time of the contract, divided by the total hashing power of the pool, which increases everyday. In one sentence, your returns diminishes very fast, by approximated 50% each month.
However, with our contract, your share of the pool is determined by your investment in $ divided by the total inivestment in $ of the pool, which still decreases over time, but not as fast as other host solutions using GH/S shares. Think about it, your shares calculated in GH/S decrease much much faster if you don't keep investing in new hardware.
However, why am I still doing this if I might incur a big loss in the end? First, I believe in Bitcoin in the long run. Second, I want to build a sound business model around Bitcoin. If you are a believer of Bitcoin just like me, we should talk, and work together.
If you don't trust me, please don't invest. There are people who run away with other people's money, who are scammers. I can assure you that I am not one of them.
Just FYI, I recently returned a total investment of $1.6 million to one of my investors when he asked his money back. I told him my decision to return his money in 5 minutes after he has requested. He then told me the next morning that he was just trying to test me, and he didn't want his money back. I was shocked, but I told him that I already made the decision to return his money, and there is no need to test me in the future. I gave him the check the next day, and revoked his contract. He has since asked to join again, however, I have since revised the terms for new contracts, and he didn't agree because he still wants the old good terms.
Business and personal references can be given upon requests to further assure you that there is no scam whatsoever here.
If there is no one interested, I will try to talk with Dave of BFL to see if I can get institutional pricing by myself with my current & orders in the following weeks.
I would like to hear your thoughts on the proposal, and ping me if you are interested. I can be reached by email at [email protected].
Thank you all for your time.
submitted by junhuac to BitcoinMining [link] [comments]

Monarchs Shipping

Great news! Butterfly Labs is Shipping Monarch Bitcoin Miners
Monarchs run at 700 GH/S with a power efficiency among the best in the industry at 0.70 W/GH. As a reward for our customers’ patience and loyalty, we are adjusting hashing power for existing orders in the queue to $1.97/GH (for 700 GH, effectively $1,379). Shortly before a customer’s order is ready to ship, they will receive details about their individual options.
Those who have closely followed the Monarch development will notice that the 700 GH comes in above the 600 GH performance specification we originally mentioned, but below the 1TH/s level we are aiming to achieve based on the strength of the underlying ASIC chip. While we have achieved much higher speeds on test boards, our engineers are still working toward a board solution that will deliver higher speeds within the power consumption, and the temperature range required.
submitted by DoctorDbx to Buttcoin [link] [comments]

The President of Monarch just released a new book to help people learn more about bitcoin and blockchain.

The President of Monarch just released a new book to help people learn more about bitcoin and blockchain. You can read the full press release at the link below: https://cryptobeadles.com/press-release/robert-beadles-writes-to-new-crypto-enthusiasts-in-his-debut-offering/ hashtag#Crypto hashtag#Bitcoin hashtag#Blockchain hashtag#BeginnersGuide hashtag#Cryptocurrency hashtag#Monarch hashtag#CryptoBeadles
submitted by WilliamLince to MonarchToken [link] [comments]

So i wanna say hello and wanna ask. Is Bitcoin playing cards worth buying or Monarchs are better?

I'm asking about durability etc. Will appreciate the answer thx.
submitted by AuselessZ to playingcards [link] [comments]

Could Bakkt become the Monarch Butterfly of the Bitcoin market?

Could Bakkt become the Monarch Butterfly of the Bitcoin market? submitted by n4bb to CoinPath [link] [comments]

The World's First Decentralized Recurring Bitcoin Payments - Interview with CEO of Monarch

The World's First Decentralized Recurring Bitcoin Payments - Interview with CEO of Monarch submitted by stvmcg to Bitcoin [link] [comments]

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More!

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More! submitted by Rufflenator to 3bitcoins [link] [comments]

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More!

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More! submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More!

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More! submitted by ososru to Bitcoin4free [link] [comments]

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More!

$900 in BCH Giveaway LIVE⎮Leave Bitcoin Alone⎮IOST Updates! Monarch Updates! AMA and More! submitted by Leka213 to CryptocurrencyToday [link] [comments]

PR: MONARCH BLOCKCHAIN CORPORATION NOW SUPPORTS BITCOIN CASH IN MONARCH WALLET

PR: MONARCH BLOCKCHAIN CORPORATION NOW SUPPORTS BITCOIN CASH IN MONARCH WALLET submitted by WilliamLince to MonarchToken [link] [comments]

07-03 03:53 - 'Thinking about using "Monarch Wallet"' (self.Bitcoin) by /u/wetwoodfloors removed from /r/Bitcoin within 22-32min

'''
[[link]2
Claims to let you make a passive income when you store your crypto on here.
Is there any risks? Is this too good to be true? Do any of you use this wallet?

Thoughts?
'''
Thinking about using "Monarch Wallet"
Go1dfish undelete link
unreddit undelete link
Author: wetwoodfloors
1: *onarchw*ll*t.c*m/ 2: m*n**chw*ll*t.com/]^^*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

⎮Roger Ver⎮Monarch Wallet⎮Bitcoin Cash⎮BCH⎮SLP, Crypto and Blockchain announcement

⎮Roger Ver⎮Monarch Wallet⎮Bitcoin Cash⎮BCH⎮SLP, Crypto and Blockchain announcement submitted by Rufflenator to 3bitcoins [link] [comments]

⎮Roger Ver⎮Monarch Wallet⎮Bitcoin Cash⎮BCH⎮SLP, Crypto and Blockchain announcement

⎮Roger Ver⎮Monarch Wallet⎮Bitcoin Cash⎮BCH⎮SLP, Crypto and Blockchain announcement submitted by ososru to Bitcoin4free [link] [comments]

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App submitted by WilliamLince to MonarchToken [link] [comments]

3 Most Likely Crypto Projects to Survive 3-5 Years | Monarch Update | Bitcoin Explodes for Square

3 Most Likely Crypto Projects to Survive 3-5 Years | Monarch Update | Bitcoin Explodes for Square submitted by BitBoyAndHodl to Monero [link] [comments]

PR: Monarch Blockchain Corporation Now Supports Bitcoin Cash in Monarch Wallet

PR: Monarch Blockchain Corporation Now Supports Bitcoin Cash in Monarch Wallet submitted by ulros to fbitcoin [link] [comments]

PR: Monarch Blockchain Corporation Now Supports Bitcoin Cash in Monarch Wallet

PR: Monarch Blockchain Corporation Now Supports Bitcoin Cash in Monarch Wallet submitted by Ranzware to BitNewsLive [link] [comments]

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App - deythere

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App - deythere submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

YOU CANT AFFORD TO MISS THE OPPORTUNITY TO EARN SOME VALUABLE MONARCH TOKEN . Join Monarch Token Airdrop! Tokens worth 10$. Token Price: 1 MTP = $0.1. #airdrop #bounty #referral #blockchain #cryptocurrency #bitcoin #ethereum #fintech #tokensale #crowdsale https://t.co/chhbaRbhYv

YOU CANT AFFORD TO MISS THE OPPORTUNITY TO EARN SOME VALUABLE MONARCH TOKEN . Join Monarch Token Airdrop! Tokens worth 10$. Token Price: 1 MTP = $0.1. #airdrop #bounty #referral #blockchain #cryptocurrency #bitcoin #ethereum #fintech #tokensale #crowdsale https://t.co/chhbaRbhYv submitted by Abolaji11 to MonarchToken [link] [comments]

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App submitted by Ranzware to BitNewsLive [link] [comments]

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App

PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App submitted by leftok to atbitcoin [link] [comments]

Monarch Wallet App Review & Monarch Token ICO - YouTube Monarch Wallet & Merchant Solutions. Bitpay Dethroned? Universal Storage: $BTC $ETH $XRP and More! Monarch Pay - World's First Decentralized Recurring Crypto Payments MONARCH Updates and Crypto Winners Picked - YouTube ⎮Monarch Wallet Part 3⎮Who are the people behind Monarch ⎮Blockchain⎮ Crypto⎮

Monarch Wallet Partners with CoinFlip to Expand Crypto Adoption to New and Underserved Audiences. by William Lince May 5, 2020 Bitcoin, Ethereum, Monarch, News, Press Releases. Monarch Wallet Partners with CoinFlip to Expand Crypto Adoption to New and Underserved Audiences Partnership and Cross-Promotion Between Two Companies Will Broaden Access to Cryptocurrency for Populations Typically ... Posted by Monarch — August 21, 2018 in Bitcoin The Block Erupter was the first mainstream ASIC to hit the bitcoin scene, it all started with an announcement post on Bitcointalk from the user Friedcat (Now that name may sound familiar as the friedcat has quite the… De Monarch Bitcoin. Subscribe. We buy all king of gift card , Steam wallet gift card , Amazon , iTunes card, google play card , eBay , onevabilla visa/master gift card non reloadable , American Express gift card , myvanilla , etc . Stay focused . We pay via Naira and Ghana Cedis . Butterfly Labs (BFL) is a company that creates Bitcoin mining hardware. One of the earliest bitcoin mining hardware manufacturers offering ASIC devices, Butterfly Labs have come under fire from bitcoin miners who have had to wait patiently due to lengthy production and delivery delays. The company is headquartered is located in Kansas, United States. YOUR MONEY. YOUR WAY. You’re in the drivers seat. It’s a better way to manage your money, period. GET IT NOW – IT’S FREE Features

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Monarch Wallet App Review & Monarch Token ICO - YouTube

🐻Start mining with the Honeyminer: https://goo.gl/nHVMkj We have started our $500 BTC Giveaway! To enter, become a subscriber to our channel and then like & ... In this video, we introduce you to the founders of Monarch, some of our advisors and partners. The list continues to grow weekly. #WIN $100 #BCH ATTENTION YOU MUST Follow these steps to be entered ... This short video clip demonstrates the sound levels of the Monarch bitcoin miner during testing within the test facility's anechoic chamber. The registered 5... Monarch Platform has just released an updated version of their universal wallet for cryptocurrencies. Right now the wallet can store Bitcoin, Ethereum, any ERC20 token, Ripple, Stellar, Gochain ... The Monarch Wallet is a universal decentralized cryptocurrency wallet that allows you to: Buy/Sell Bitcoin, Ethereum For Fiat* Buy BCH with CC* Store/Send/Receive:

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