Crypto Mining Presented by: 803Mine.com & TheCryptoMiners.com

From trading to mining Production versus purchase Monitor prices Begin building miners and expanding to the “alt coin” markets Created BitcoinProTrader.com to record prices and data

Bitcoin mining Bitcoin Mining v Gold Mining Use computers and programs to calculate Hashes Hashes = Attempts to create a successful Block Block = A record in the Blockchain Block Rewards = A set amount of new coin / block + any network fees during the block Mining Pools = Shared work = Shared Risk / Reward 6 Confirmations = 6 Sigma Event More miners = Safer network = Prevent Double-Spend *NOTE* Mining is NOT required to use crypto-currencies and very few users are miners due to high barriers to entry on a medium/large scale

Bitcoin total supply

The start - Cypress Bailout Bank Accounts Frozen Money removed from accounts Precedent

MoneyGram / Western Union How hard was btc to buy? MoneyGram / Western Union Delivery Risk No Supply Checking Accounts Arbitrary Minimums Globally High fees Scams Butterfly Labs Mt. Gox

FinCEN 2013 Ruling Ruled Bitcoin did NOT constitute a “Money Service Business” “…is a medium of exchange that operates like a currency in some environments, but does not all have all the attributes of a real currency” BIG WIN FOR CRYPTO Signals Bitcoin is “its own money” No physical form = no illegal act (ie: Liberty Reserve) Solidifies the legality of BTC and starts the price increase

Cypress bailout creates wave 1

Created Bitcoinprotrader.com

Elliot waVE

Elliot wave 2

Our 1st Edition 2012 Litecoin (LTC) Miner

Investment in production Miners as a way to convert the product (coins) into a production asset The production asset will deliver the product over a certain time frame Scaling Barriers to entry Network Difficulty Profit in coin versus USD

Challenges and risks Scalability – Very difficult to scale Power Hardware Cooling Ventilation Currency risk Network Difficulty Delivery Risk

Not for everyone *Insert Burnt Power Cord Pic* Blown fuses Electricity Capital Intensive Only Crypto Payments Complex Difficult to operate Many purchase hash power instead of owning equipment

Created 2 products Coins Hash Power These are not necessarily mutually exclusive Hash Power can be sold, at times, >100% of what the production is! Illustrates imbalances between coins Solo versus Pool mining Network difficulty not a 1:1 ratio for decline in profitability (in coin)

Where are we headed? BTC vs Gold In this above historical chart of gold, we find a clue to the future value of BTC.  We believe that Bitcoin is trading similar to a commodity (such as gold) and given a market's tendency to rhyme, we believe this to be a solid target for the end of this Major wave 3.  That gives us a price target of 696 which is exactly 261.8% the amount of the prior high of 266 for BTC/USD.  The 261.8% is a result of Fibonacci numbers - an analysis commonly used for stock and commodity trading.  Further more, the October 24th decline stopped at the 61.8% retracement level, a level that is considered major support by stock/commodity/FOREX traders.  

Price of bitcoin = gold Ounces vs tonnes => BTC vs mBTC Published in 2013 – Figures Updated for Today’s Values Bitcoin Supply = 16.463 M BTC As a long-long term prospect, we believe Bitcoin could replace gold as the standard for "inflation hedging" . Here is our math: The total value (in USD) of all the gold in the world estimated at  $7,800,000,000,000!  Taking that amount and dividing it by the total supply of Bitcoins (16.463 Million BTC)  => 7,800,000,000,000 / 16,463,000 = => $473,789 per Bitcoin The maximum supply of Bitcoin will reach 21 million in the year 2140, so using the same math, but over 21 million Bitcoins = =>$371,428 per Bitcoin

Ethereum, litecoin, & others Gold Silver [Ratio] Platinum Back to mining => as the cost of production increases, miners will sell at higher prices, moving the commodity value increasingly higher. Known rate of supply Quantifiable cash flow streams Developing applications

Purchasing power of the u.s. dollar

Success stories 1000 Ether @ $10 3000 LTC @ $16 - Rick Owner of Several Liquor Stores in NJ Success stories -Bought 500 BTC @ $250 -Bought 10,000 LTC @ $4 Dr. Hylbert MD -10 BTC @ 400 -500 ETH @ $10 Alvaro – Domino’s Delivery Driver

803MINE.com – Building the 100 million dollar mine