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Bitcoin Services Inc. (fka BTSC)

Followers
321
Posters
Posts (Today)
0
Posts (Total)
12300
Created
02/04/16
Type
Free
Moderators
 


++++++++++++++++++++++++++++++++++++++++


Website:http://www.bitcoinservices.biz
Phone: 866-804-4725
Email: hamogroup1@gmail.com
2885 Sanford Ave SW 34538
Grandville, MI 49418

Filings and Disclosures:http://www.otcmarkets.com/stock/BTSC/filings




Joel Schneider (former CEO) DISBARRED Lawyer involved.
"On February 8, 2016, pursuant to an executive employment agreement, as part of compensation, theCompany issued Fifteen Million (15,000,000.) restricted shares of the common stock to Joel C. Schneider for professional services to the Company as C.E.O.,C.F.O. and Director. All of these shares are restricted and control person shares."

Schneider's previous Penny-Scam wiped out shareholders

NY Supreme court found Schneider guilty of these charges:
1) Misappropriated funds entrusted to him.

2) dishonesty, fraud, deceit, or misrepresentation

3) violated his fiduciary duties as an escrow agent by abdicating control over his escrow account to a nonattorney

4) violated his fiduciary duties as escrow agent by failing to maintain required bookkeeping records

5) violated his fiduciary duties as an escrow agent by making cash withdrawals from the escrow account, and not to a named payee

6) commingled personal funds and funds with which he was entrusted as a fiduciary on behalf of others

7) engaged in conduct involving dishonesty, fraud, deceit, or misrepresentation by paying for personal and office expenses from his escrow account, instead of his operating account

8) engaged in conduct that adversely reflects on his fitness as a lawyer by failing to fully and timely cooperate with the Grievance Committee

Additional Legal problems for BTSC:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133743039

Schneider also destroyed shareholders running his MJMJ Pot based B & B scam



~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

 

http://www.bitcoinservicescorp.com/

About Bitcoin Services
 

Bitcoin Mining

Bitcoin mining is the means by which new Bitcoin is brought into circulation, the total of which is to be capped at 21 million BTC.

Blockchain Software Development

Bitcoin Blockchain is the technology backbone of the network and provides a tamper-proof data structure, providing a shared public ledger.

 
 

 

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.

 
 
 

 

 

Bitcoin Mining

Bitcoin mining serves to both add transactions to the block chain and to release new Bitcoin. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The first participant who solves the puzzle gets to place the next block on the block chain and claim the rewards.

 

Mining Hardware

Anyone with access to the internet and suitable hardware can participate in mining. In the earliest days of Bitcoin, mining was done with CPUs from normal desktop…

 

 

Mining Pools

Mining rewards are paid to the miner who discovers a solution to the puzzle first, and the probability that a participant will be the one to discover the solution is equal…

 

Block Reward

The amount of new bitcoin released with each mined block is called the block reward. The block reward is halved every 210,000 blocks, or roughly every four years.

 

 

 

Electricity Costs

The main operational costs for miners are the hardware and the electricity cost, both for running the miners but also for providing adequate…

 

Transaction Fees

As the block reward diminishes over time, eventually approaching zero, the miners will be less incentivized to mine bitcoin for the block reward…

 

Mining Difficulty

How hard is it to mine Bitcoins? Well, that depends on how much effort is being put into mining across the network. Following the protocol laid…

 

BTSC Security Details

Share Structure

Market Cap
68,800,655
05/11/2018
Authorized Shares
1,770,000,000
02/07/2018
Outstanding Shares
673,196,229
02/07/2018
Restricted
Not Available
 
Unrestricted
Not Available
 
Held at DTC
Not Available
 
Float
233,330,221
08/14/2017
Par Value
0.00