Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 62. (Read 378675 times)

What, if any, is the process of buying shares at this point? Will we be able buy shares on icedrill.io? Apologies if these questions have already been answered.

My proposal:
100 unit batches. If there's enough funds from 25% of dividens to purchase 100 units then order. This may be slow adding at the beggining but later it may speed up signifficantly. And ordering large amount may result in nice discounts...

Will reset the process for me and resigning the message worked great, instantly saw my shares afterwards.  Thanks for the quick response.

Hi all

If any of you are having trouble signing the message it's probably because you're doing it wrong:

Make sure the signature looks something like this: HNOa7HxkrYd9sovsGvFte0Q7MsXBaIJ9ULicLAae/TjscSAtxYIWZhfsR5YtQcIIuFbz1htG/jSoZLFfRaU8xu4=

(It'll be a long string and it will always end in "=")

Some of you have sent me screenshots of your pasting in the "i, [email protected], own icedrill.asic shares" into the message signature field. This is wrong and will (correctly) result in an "incorrect padding" message.

Hi, apologies for only getting back to you on this now.


That's our process as well.


The legality issue of the Google ToS is news to me, could you point me to which items are contentious and in which jurisdiction(s) they're illegal? We do not want anyone to break the law. Please don't send me a "lmgtfy" link, it's demonstrably counterproductive in this specific case.

Google is currently the only OpenID provider we support. This does not mean we won't support any others in the future. If you want to suggest another I'll have a look into it and assign development resources to it as and when they become available. Developing the following work-processes (and securing/supporting them) was not possible given the required time-frame:
1. user sign-up
2. user human check (e.g. captcha)
3. user email verification.
4. user password recovery/reset
5. user secure password storage
6. user secure password transmission
7. user authorization
8. user authentication
9. user 2FA implementation (and items 4 through 8 as above for this as well)
10. all the support structures (and staffing) to support the above for literally hundreds of users on day 1 of going live.
This is the "security wheel" in its base form. I see so many companies implementing all that thinking they can just go ahead and do it perfectly on the 1st try and almost succeeding (at worst) or failing miserably (at best). We decided on a different route, and OpenID is it.


The Google accounts (our OpenId provider) choice wasn't because of 2FA instead of OpenID, one of the many reasons for settling on it was because this particular OpenID provider includes 2FA.

Been over 36 hours for me.  I've PMed will, we'll see what happens.

Always bet on ICE

All other securities moving to direct shares accept a signed address as proof of ownership.

No other security moving to direct shares requires adhesion to Google's (illegal) ToS.

If a shareholder neglected to change their Bitfunder address in the 30+ days they had to do so that's their problem, NOT YOURS OR MINE.

It's not your place to force unwilling shareholders to jump through asinine hoops like MANDATORY GOOGLE.

A MANDATORY GOOGLE provision was never in the IceDrill contract and you have no right to suddenly require it.

Forcing people to do something they never agreed to, on pain of losing the money the trusted you with, is called EXTORTION.

All of the overblown talk about 'black holes' and 'reinventing the security wheel' is a sorry excuse to avoid using 2FA instead of OpenID.

cex.io is .069BTC/gh so at this rate you have aprox 9.6 BTC worth of shares if they were mining now.

can anyone guess how much our shares will be worth, or how much we can realistically see in dividends?
Even hashpower/share would be a good start, and then I can figure out the rest

edit: nevermind, i found it.....



this is shitty... so with 14,000 shares I have approx 140GH/S of hash power.. uhhh.. yay?   

yeah the system worked for me pretty much instantly   

great job.   now to buy a few more 

Took about 0.5 sec for me. There must be something wrong.

think this is where the confusion originated



Thanks for clearing it up. 

How long could this process of transferring shares feasibly take? Has anyone waited longer than 6 hours for confirmation that their shares have been claimed on IceDrill.io?

It has been over 6 hours since I signed and verified ownership of my address, however, the site is still reporting I am holding 0 shares.

Going to be honest with you... I've read that paragraph about 8 times now and I still don't understand it. Could you rephrase it please?


We accept signed messages as proof of share ownership exclusively. If you can please point me to where anyone stated otherwise I'd like to go rectify it because it's categorically wrong.

You're free to use any email address of your choosing, as long as it's linked to a Google account (currently the only OpenID provider icedrill.io supports). It does not need to be a gmail email address, or even the one you used @ bitfunder.

Seems as though Hashfast is finally into the testing phase of their chips.
https://twitter.com/HashFast

I can provide a signed message from my public bitfunder shareholder address, I also don't see how can this be considered a blackhole?  Is this not the reason for providing a shareholder in my control so that after providing a signed message, dividends can continue to paid as that signed message is proof of ownership of the bitcoin address.

I also didn't use a google email for bitfunder either so how would you verify my ownership of  shares if you do not accept a signed message as proof?

Looking to buy some more of this. I have some shares already but would like some more. Shoot me a PM if you are interested in selling with your price. (Please make sure to include your price. Don't ask me how much I will pay for them).

it's all a conspiracy, maaaan!    they're all watching us 

Google is found guilty and/or pays fines all the time for destroying our privacy in illegal ways, not to mention what they get away with because of expensive deeply captured regulators/lawyers/lobbyists/politicians, not getting caught, and perks of [security agency] collaboration.

http://lmgtfy.com/?q=google+pays+fine
http://lmgtfy.com/?q=http://lmgtfy.com/?q=%22google+found+guilty%22

I'm not going to adhesion myself to whatever abusive, amorphous ToS their revolving door regulators/lawyers/lobbyists/politicians have concocted.

Their new Terms are illegal in many countries; you may be breaking the law by agreeing to them!