Too expensive, not worth the risk... for me at least.
The initial offering works out to be 0.0021 BTC per Mh/s. Once the 60 Gh/s device is acquired, it works out at 0.00028 BTC per Mh/s.
What would you consider a fair price?
Topic: 1 Year Mining Bond, 100% Interest, 100% PPS, 0.0021 BTC/Mh, Free Speed Upgrades. - page 2. (Read 1919 times)
June 04, 2013, 11:50:33 AM
The initial offering works out to be 0.0021 BTC per Mh/s. Once the 60 Gh/s device is acquired, it works out at 0.00028 BTC per Mh/s.
What would you consider a fair price?
June 04, 2013, 11:50:08 AM
If Josh says BFL is shipping it in 90 days.. make it 900.. They wont be delivering any time soon.. plus this is very expensive..
June 04, 2013, 11:45:05 AM
I have a 5 Gh/s BFL order from the 10th of April which I just upgraded to 7 Gh/s. I want to sell 5 Gh/s from that device in chunks of 100 Mh/s for 0.21 BTC each. That's 50 shares, with each share entitled to 100% of the PPS value specified by the pool I mine at.
With all 50 shares sold, I will purchase a 30 GH/s BFL and once it arrives, I will increase the hash rate of each share to 300 Mh/s. Josh has stated that he expects devices purchased today to be shipped in about 90 days.
That gives me 37 Gh/s, out of which, 15 Gh/s would belong to shareholders and 20 Gh/s would belong to me. As soon as I acquire enough funds from those 20 Gh/s to purchase a 60 GH/s BFL, I will do so. Once the device arrives, I will again increase the hash rate of each share to 750 Mh/s.
Would you be interested in such an opportunity?
With all 50 shares sold, I will purchase a 30 GH/s BFL and once it arrives, I will increase the hash rate of each share to 300 Mh/s. Josh has stated that he expects devices purchased today to be shipped in about 90 days.
That gives me 37 Gh/s, out of which, 15 Gh/s would belong to shareholders and 20 Gh/s would belong to me. As soon as I acquire enough funds from those 20 Gh/s to purchase a 60 GH/s BFL, I will do so. Once the device arrives, I will again increase the hash rate of each share to 750 Mh/s.
Would you be interested in such an opportunity?
Too expensive, not worth the risk... for me at least.
June 04, 2013, 11:43:05 AM
I have a 5 Gh/s BFL order from the 10th of April which I just upgraded to 7 Gh/s.
I will be issuing 50 bonds at 0.21 BTC each. The bond holder is entitled to 100% of the PPS value for 100 Mh/s, as specified by the pool I mine at, once the 5 Gh/s BFL device is operational.
As soon as I acquire enough funds, I will purchase a 25 GH/s BFL and once it arrives, I will increase the hash rate of each bond to 300 Mh/s.
As soon as I acquire enough funds to purchase a 50 GH/s BFL, I will do so. Once it arrives, I will again increase the hash rate of each bond to 750 Mh/s.
At 100 Mh/s, it's 0.0021 BTC per Mh/s.
At 300 Mh/s, it's 0.0007 BTC per Mh/s.
At 750 Mh/s, it's 0.00028 BTC per Mh/s.
The bond holder is entitled to weekly payments from 100% of the PPS value, as specified by the pool I mine at, at the specified hash rate above. After the 50 Gh/s BFL has been paid for, all proceeds from my BFL mining will be placed into a repayment fund until the repayment fund contains 21 BTC. Starting with the final weekly payment, bonds will be redeemed by the issuer for 0.42 BTC using the funds allocated by the repayment fund. If there isn't enough funds to redeem all bonds at that time, then bonds will be redeemed on a first-in-first-out basis, using all funds from my BFL mining, until all bonds have been redeemed. Weekly payments will start 1 week after the 5 Gh/s device is operational and end 1 year later.
Just gauging interest at the moment.
I will be issuing 50 bonds at 0.21 BTC each. The bond holder is entitled to 100% of the PPS value for 100 Mh/s, as specified by the pool I mine at, once the 5 Gh/s BFL device is operational.
As soon as I acquire enough funds, I will purchase a 25 GH/s BFL and once it arrives, I will increase the hash rate of each bond to 300 Mh/s.
As soon as I acquire enough funds to purchase a 50 GH/s BFL, I will do so. Once it arrives, I will again increase the hash rate of each bond to 750 Mh/s.
At 100 Mh/s, it's 0.0021 BTC per Mh/s.
At 300 Mh/s, it's 0.0007 BTC per Mh/s.
At 750 Mh/s, it's 0.00028 BTC per Mh/s.
The bond holder is entitled to weekly payments from 100% of the PPS value, as specified by the pool I mine at, at the specified hash rate above. After the 50 Gh/s BFL has been paid for, all proceeds from my BFL mining will be placed into a repayment fund until the repayment fund contains 21 BTC. Starting with the final weekly payment, bonds will be redeemed by the issuer for 0.42 BTC using the funds allocated by the repayment fund. If there isn't enough funds to redeem all bonds at that time, then bonds will be redeemed on a first-in-first-out basis, using all funds from my BFL mining, until all bonds have been redeemed. Weekly payments will start 1 week after the 5 Gh/s device is operational and end 1 year later.
Just gauging interest at the moment.
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