High net worth investors can now gain exposure to speculative bitcoin mining through what’s being billed as the world’s first "bitcoin mining fund".Logos Fund, a Regulation D offering, is positioning itself as an alternative to products like the Bitcoin Investment Trust (BIT), the private investment vehicle launched by Digital Currency Group CEO Barry Silbert, by creating an offering that blends bitcoin mining with buy-and-hold investing.The fund was created by Marco Streng, founder of hosted cloud mining company Genesis Mining.Logos Fund managing partners include Björn Tilmann Arzt, global head of structured capital markets at UniCredit, and Dr. Florian Putzka, senior legal professional at UniCredit, though the Italian financial group is itself not directly involved.Streng said that the fund aims to be a "safe vehicle" for investment in bitcoin, and that his hosted mining firm, Genesis Mining, will serve as the Logos Fund’s initial partner."Mining can be profitable, but you have to have the right infrastructure, lowest electricity prices.

We want to use all our expertise and infrastructure to enable external investors to leverage on bitcoin."Genesis Mining offers a service typically called hosted bitcoin mining, or cloud mining, in which customers can purchase contracts for a certain amount of hashing power on machines hosted at the company’s facility.bitcoin gegen paypalThe difference between Logos Fund and Genesis Mining, Streng said, is that the fund owns the hardware directly, and that it is not wholly dependent on proceeds from mining.cours bitcoin 1 anArzt told CoinDesk that there is "no corporate or other close link" between the two companies.about bitcoin in urduTo participate in the fund, investors will need to spend an unspecified minimum amount and agree to hold their funds in Logos Fund for a certain period of time.sok bitcoin

Streng said interested investors are able to access details by contacting the fund directly.Overall, Streng positioned the offering as one that gives high net worth investors yet another option when determining how to invest in digital currencies, one he contends has its benefits compared to other available options.bitcoin linux 64"Mining can be profitable even if bitcoin price is declining.ethereum difference bitcoinYou can still make a profit," Streng said.Logos Fund intends to register as with the German financial regulator BaFin so that the offering can be available to EU investors."The application is in the process of being approved and we are waiting for positive feedback from BaFin within the next 4 weeks," Arzt said.Disclaimer: CoinDesk is a subsidiary of Digital Currency Group, which operates Bitcoin Investment Trust.Share Used: Like New Details Sold by CryptoCrane Condition: Comment: Used (3) from $2,695.00 Available from these sellers.

Used (3) from $2,695.00 Bitmain Antminer R4 ~8TH/s at 0.1 W/GH Quiet Home Bitcoin Miner Available from these sellers.What other items do customers buy after viewing this item?AntMiner APW3-12-1600 PSU REQUIRES 205v-264v power 1600W Power Supply for Bitcoin Miners 37 Tripp Lite Heavy-Duty Computer Power Cord 14AWG 15A (NEMA 5-15P to IEC-320-C13) 6-ft.(P007-006)306 Antminer S7 ~4.73TH/s @ .25W/GH 28nm ASIC Bitcoin Miner 46 Product description Hash Rate: 8.7TH/s (variation of 10 percent is expected).Power Consumption: 870W (withing 9 percent) at the wall (with Bitmain's APW5 PSU, 93 percent efficiency, 25C ambient temp).Power Efficiency: 0.1 J/GH at the wall (with Bitmain's APW5 PSU).Chip quantity per unit: 126 x BM1387.Rated Voltage: 11.60 ~13.00V.Product size: 515mm (L) x 100mm (W) x 222mm (H).Package size: 610mm (L) x 215mm (W) x 340mm (H).Operating Temperature: 0C to 40C.Network Connection: Ethernet (cable not included).Each AntMiner R4 has six 6-pin PCI-e connectors for 12V/15A DC STABLE input on hash boards and one additional 6-pin PCI-e connector on the controller.

All SEVEN 6-pin PCI-e connectors are required.Do not connect more than one PSU to the same hash board to prevent possible damage and instability.Power consumption figures will vary with your PSU's efficiency, the ambient operating temperature and the accuracy of the power meter.Power supply unit is not included.Bitmain recommends the APW5 power supply for the R4.Product information Technical Details Processor 1 GHz ARM 7100 RAM 512 MB Brand Name AntMiner Item model number S9-1185 Hardware Platform linux Operating System other Item Weight 5 pounds Product Dimensions 20.3 x 3.9 x 8.7 inches Item Dimensions L x W x H 20.28 x 3.94 x 8.74 inches Processor Brand ARM Processor Count 1 Computer Memory Type DDR3 SDRAM Additional Information ASIN B01L7QNO5I Customer Reviews 4.2 out of 5 stars Best Sellers Rank #30,600 in Computers & Accessories (See top 100) #237 in Computers & Accessories > Servers Shipping Weight 12 pounds Date First Available August 29, 2016 Warranty & Support : Product Warranty: For warranty information about this product, please click here Feedback If you are a seller for this product, would you like to suggest updates through seller support?

Would you like to tell us about a lower price?See questions and answers 45 star50%4 star25%3 star25%See all verified purchase reviewsTop Customer ReviewsQuiet and fastGreat vendor....great machineFive Starshttps: //www.Available from these sellers.New (1) from $346.51 + $8.49 shipping AntMiner APW5 1300W-2600W Quiet Power Supply designed for Bitcoin Miners Available from these sellers.1 AntMiner APW3-12-1600 PSU REQUIRES 205v-264v power 1600W Power Supply for Bitcoin Miners 37 Tripp Lite Heavy-Duty Computer Power Cord 14AWG 15A (NEMA 5-15P to IEC-320-C13) 6-ft.(P007-006)306 Antminer S9 ~13.5TH/s @ .098W/GH 16nm ASIC Bitcoin Miner 6 Product description The APW5 is Bitmain’s most advanced PSU to date and is compatible with both the 220V power supply and the 110V power supply that is the standard in North America.It combines high efficiency and good dynamic performance into a power dense package.It also features overload, overheat, overcurrent and low voltage protection, making it well suited to 12V, ≤ 2600W* power devices (with 220v input).

APW5 Specifications: DC Output Voltage: 12.25V Rated Current (220V input): 216A Rated Power (220V input): 2600W Rated Current (110V input): 108A Rated Power (110V input): 1300W Ripple & Noise: <1% Voltage Regulation: <2% Source Regulation: <1% Load Regulation: <1% Setup, Rise Time: <5S Power off Protection Trip Time: >10mS Interface Type: 7pairs of 6pin PCI-E connectors.380mm length for each PCI-E cable.Input Voltage Range: 90-265V AC Input Current Range: 10.5-16.5A Input Starting Voltage: 100-240V AC Input Frequency Range: 47-63Hz Power Factor: >0.95(full load) Leakage Current: <1.5mA (220V 50Hz) Low-voltage Input Protection: 90-100V AC Output Short Circuit: Yes Output Overcurrent (220V input): 216-255A Output Overcurrent (110V input): 108-135A Overheat Protection: Yes Operating Temperature: -20 - +60℃ Operating Humidity: 20%-90% RH (non-condensing) Dimensions: 266mm*125mm*86mm Weight: 2.5Kg Cooling: Forced-air fan cooling Fan speed: When the temperature of the heat sink is higher than 80 ℃, the fan runs at full speed.