[BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH! - page 27.

hasher87

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Quote from: Kokomoka on October 26, 2013, 05:36:59 AM

Just to clarify, if I take no action, will the dividends continue to be paid into my bitfunder account?

all i know is that if your weexchange is not verified, you may not be able to access bitfunder again due to the assumptions that you are a US citizen

but if you're verified and non-us, dont see any problem there

Kokomoka

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Just to clarify, if I take no action, will the dividends continue to be paid into my bitfunder account?

PeZ

sr. member

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Quote from: joele on October 25, 2013, 07:29:25 AM

I submitted one of my scanned id Oct 12 and still pending.

It takes more than one to get verified.

Ditto

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Quote from: hasher87 on October 24, 2013, 12:07:52 PM

yes that 400,000 shares was merely an approximation for the direct shares in bitfunder mode

I thought it was 334800.

And we will have a massive difficulty jump some time during the next hour.

joele

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Quote from: Stinky_Pete on October 25, 2013, 07:09:09 AM

Quote from: CoinFarmer on October 25, 2013, 02:46:55 AM

BTW. I get verified today on WeEX - Someone was asking

Me too.

I submitted one of my scanned id Oct 12 and still pending.

Stinky_Pete

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Quote from: CoinFarmer on October 25, 2013, 02:46:55 AM

BTW. I get verified today on WeEX - Someone was asking

Me too.

CoinFarmer

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Upfiring Team Member

BTW. I get verified today on WeEX - Someone was asking

hasher87

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Merit: 500

yes that 400,000 shares was merely an approximation for the direct shares in bitfunder mode

philipma1957

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'The right to privacy matters'

Quote from: hasher87 on October 24, 2013, 10:39:42 AM

Quote from: btceic on October 24, 2013, 10:20:11 AM

Anybody do the math on what the next dividend is going to be?

according to addiction wallet, we have 87btc

based on eligius, unpaid balance is 30btc+

give or take, 1 day of mining at 14.5TH is equivalent to 27-30btc

87 + 30 + 90 (remainder of the day till weekend) = 207btc

and then we have this

Quote

The total of the one time costs amounts to 2.685445 per miner(0.00021657 per addiction share). This is divided over the following costs:
PSU: 1.16028 BTC
Transport: 1.44318 BTC
Setup hosting: 0.081981 BTC

27 miners * 2.685445 = 72btc

i was hoping there would be a BTC/USD correction on that 2.685445 per miner, considering this post was made when the rate was US$150? now its back to US$195

207 - 72 = 135btc total of next dividend

135btc / 400,000 share (bitfunder and direct shares) = 0.0003375 per share?

you are mixing bitfunder with direct which can be confusing.

gb1 a direct share = 100 bitfunder shares

gb2 a direct share = 50 bitfunder shares

gb3 a direct share = 50 bitfunder shares Not sure about group 3

So if you have 10 direct group buy 2 shares (most of us in the USA) you have the equal of 500 bitfunder shares.

so direct owners like myself need to multiply the number by 50 or 100.

My 25 shares of group buy 2 = 1250 bitfunder shares so 1250 x .0003375 = .421875 btc.

that seems about right . I do agree that a small adjustment of btc needs to be made more like 2.0 btc a miner.

I also think your dividend guess is close.

hasher87

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Activity: 686

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Quote from: btceic on October 24, 2013, 10:20:11 AM

Anybody do the math on what the next dividend is going to be?

according to addiction wallet, we have 87btc

based on eligius, unpaid balance is 30btc+

give or take, 1 day of mining at 14.5TH is equivalent to 27-30btc

87 + 30 + 90 (remainder of the day till weekend) = 207btc

and then we have this

Quote

The total of the one time costs amounts to 2.685445 per miner(0.00021657 per addiction share). This is divided over the following costs:
PSU: 1.16028 BTC
Transport: 1.44318 BTC
Setup hosting: 0.081981 BTC

27 miners * 2.685445 = 72btc

i was hoping there would be a BTC/USD correction on that 2.685445 per miner, considering this post was made when the rate was US$150? now its back to US$195

207 - 72 = 135btc total of next dividend

135btc / 400,000 share (bitfunder and direct shares) = 0.0003375 per share?

btceic

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♫ A wave came crashing like a fist to the jaw ♫

Anybody do the math on what the next dividend is going to be?

hasher87

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Activity: 686

Merit: 500

Quote from: blastbob on October 24, 2013, 01:02:52 AM

Quote from: joele on October 24, 2013, 12:45:55 AM

When is the dividend payout schedule?

Sunday

its down to US$175, this is what I'm afraid of if its in every 2 weeks Sad

anyway hope the price stable or increase

blastbob

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Quote from: joele on October 24, 2013, 12:45:55 AM

When is the dividend payout schedule?

Sunday

joele

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When is the dividend payout schedule?

PeZ

sr. member

Activity: 297

Merit: 250

If you think the share price is low, then buy them up. The price will stabilize once the unverified people have completed their share dump.

philipma1957

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'The right to privacy matters'

Quote from: Pompobit on October 23, 2013, 03:44:56 AM

Quote from: Pompobit on October 22, 2013, 09:09:01 AM

Quote from: philipma1957 on October 22, 2013, 08:54:19 AM

Quote from: Pompobit on October 22, 2013, 05:43:16 AM

Quote from: blastbob on October 22, 2013, 05:30:43 AM

Quote from: Pompobit on October 22, 2013, 04:45:24 AM

hello,

I'm interested in buying some shares on bitfunder but I'm a bit confused about the group buys...

A share receives dividends from all the miners currently online? (I see about 14TH/s)

All the hashing profits are divided by how many shares in total? So how much hashrate a share represents?

Thank you

27x 12400 = 334800 shares with the rights to get dividends

Thank you, I see you are mining in P2Pool... Is there any public stats page available?

If you can join bitfunder as a non us person the shares are at .003 btc. buying 300 shares is about 1 btc the dividend would be pretty good. I would think you would get a nice return on your shares.

based on last week you would get .06 btc for 1 btc in 1 week that comes to %6 in a week. it will drop as difficulty goes down.

I don't understand your calculations...

If a share is worth ~40MH/s, 300 shares would be ~12000MH/s. So, with the current difficulty and owning 300 shares, I should get about 0.16 btc per week. Where this 0.06 comes from?

you are correct so you would get close to 18% based on the last dividend of .0006 x 300 = .18

300 shares at .003 are close to 1 BTC my math was wrong

hasher87

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Activity: 686

Merit: 500

Quote from: tronsom on October 23, 2013, 08:51:15 AM

+1 to hasher87 comment.

Why has the share price dropped so low???
I am confused about the direct shares comments...I have around 4000 shares on bitfunder, do I need to do something or just keep them there?
Thx

the price might be low, but at the current btc rate..

To the moon!!! ┗(°0°)┛

blastbob

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Activity: 602

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Quote from: Pompobit on October 23, 2013, 10:54:06 AM

I'm sorry if I'm insistent:

Quote

If you can join bitfunder as a non us person the shares are at .003 btc. buying 300 shares is about 1 btc the dividend would be pretty good. I would think you would get a nice return on your shares.

based on last week you would get .06 btc for 1 btc in 1 week that comes to %6 in a week. it will drop as difficulty goes down.

I don't understand your calculations...

If a share is worth ~40MH/s, 300 shares would be ~12000MH/s. So, with the current difficulty and owning 300 shares, I should get about 0.16 btc per week. Where this 0.06 comes from?

Make sure you plot in the correct data here, then you might get a estimated number

http://mining.thegenesisblock.com/

Pompobit

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I'm sorry if I'm insistent:

Quote

If you can join bitfunder as a non us person the shares are at .003 btc. buying 300 shares is about 1 btc the dividend would be pretty good. I would think you would get a nice return on your shares.

based on last week you would get .06 btc for 1 btc in 1 week that comes to %6 in a week. it will drop as difficulty goes down.

I don't understand your calculations...

If a share is worth ~40MH/s, 300 shares would be ~12000MH/s. So, with the current difficulty and owning 300 shares, I should get about 0.16 btc per week. Where this 0.06 comes from?

tronsom

member

Activity: 63

Merit: 10

www.coinangels.org

+1 to hasher87 comment.

Why has the share price dropped so low???
I am confused about the direct shares comments...I have around 4000 shares on bitfunder, do I need to do something or just keep them there?
Thx

Topic: [BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH! - page 27. (Read 74835 times)