Announcing @cfminer - Crowd Funded Miner operating in the STEEM ecosystem

Hi there!

@cardboard here, creator of the @tipU service. Obviously I've got too much time so I've came up with an idea of a crowd funded mining rig that would mine crypto and pay dividends to the investors in SBD.

I really like the idea of receiving daily payouts from your investments in the STEEM ecosystem. So far the only way to invest STEEM / SBD was to delegate your STEEM POWER to voting bots or services like @smartsteem or @utopian.

So I figured out it's time to take advantage of the current SBD price pump and use it to fund crypto mining rig. The plan is to:

1. Organize a one week fund rising in Steem Dollars for the mining rig.
2. Exchange the SBD to fiat and buy the PC oriented for crypto mining (both CPU and GPU).
3. Create an automated system where the mined coins are exchanged to Steem Dollars, which are then send to the investors in daily payouts.

So the account @cfminer was created today to organize the crowd funding. Some details:

• the funding will last one week, it is possible it will end earlier if enough SBDs are gathered
• the funding will succeed if at least 70 SBD are gathered
• the max threshold is 300 SBD - gathering this amount of SBD will automatically end crowd funding
• if not enough SBDs are gathered, all SBDs will be refunded to investors
• the official start of crowd funding is tomorrow - 24.12.2017 and it will last till 31.12.2017 (if you really want to, you can already send SBD to @cfminer, automated system will confirm your investment).

Please feel free to check out 2 previous post about the idea where some questions were answered in the comments:
https://steemit.com/steemit/@tipu/sbd-crowd-funded-mining-rig-daily-payouts-for-investors
https://steemit.com/steem/@tipu/sbd-crowd-funded-mining-rig-some-basic-math

In the current SBD prices the expected daily return from the investment is 0.3% which means that from every SBD invested you should get 0.003 SBD daily. But if the SBD price returns to 1 USD peg, the return should be 0.03 SBD daily.

If you have any questions feel free to ask :)

Mandatory miner picture