Bitfountain has emerged as the most competent player in the bitcoin mining industry. With the recent appreciation of the ASICMINER equity from undervalued to fair valued, it is time for me to let go of some of the equity. I am currently holding 10000 shares, which can be verified at
https://blockchain.info/tx/3c07216fce4bd45d0c7d49eabe21a4c137691e481527d0f936b65e49bc7bb7cf by looking up my address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2
I am thus offering this FIXED PRICE auction for a total of 2000 shares at a price of 2.5 BTC/share.I am selling in chunks of 100 shares (thus 20 allocations of 100 shares) and you could decide to buy incrementally. I will post daily summaries. This auction will continue until the shares have sold out. The shares are sold on a first come first serve basis. I accept offers per pm, in case a buyer wants to stay anonymous. I will post the corresponding entry in the thread, so everybody is aware of the activity. The time of the PM counts as the bid time.
I have already performed a successful auction in March (
https://bitcointalksearch.org/topic/m.1572973) and this is the second one. If you're unsure on how this auction style works, study the previous one. However, please be advised that
I am selling only in increments of 100 shares (250 BTC) this time.
Please do your due diligence with respect to the viability of the investment. The shares are direct shares. This means that you have to setup a bitcoin address which you have the private key for, and communicate the BTC address to me to finalize the transition. This bitcoin address will serve as the primary target for dividend payments and authentication.
After bidding, please sent the corresponding amount of BTC (shares*2.5) within 48 hours to the address I have registered with ASICMINER: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 Please make sure to have cryptographic proof of sending the payment, e.g. buy owning the private key of the originating bitcoin address. Alternatively ask me for an individual payment address.
If the BTC are not received within 48 hours, the bid becomes invalid and the shares are available again.
I plan to do the clearing twice a week (sunday/wednesday). If dividends overlap with the reporting/bidding, the date of the bid decides on the final recipient of the dividend, i.e. they will be forwarded correspondingly.
Happy bidding