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Topic: [BTC-TC] BTC-Mining - page 7. (Read 22665 times)

hero member
Activity: 745
Merit: 501
June 13, 2012, 08:52:41 PM
#69
I think that might be Diablo-D3. He's been doing a lot of moving around of his fund to profit from prices difference. That's about his share of the operation for sale there I believe. Maybe he could confirm.
sr. member
Activity: 364
Merit: 250
[#][#][#]
June 13, 2012, 06:02:52 PM
#68
a fast financing would be much appreciated, since some 640 shares are already for sale again for less than 1.0
hero member
Activity: 686
Merit: 500
Wat
June 12, 2012, 08:44:36 PM
#67
sub.

I like the plans you have for expansion.
hero member
Activity: 745
Merit: 501
June 12, 2012, 08:18:34 PM
#66
Currently, I believe around 15 months. It all depends on difficulty change and how much new equipment gets added in. You'd get similar returns as regular PPS for your bitcoins, but don't forget that's 50% of the total. An extra 40% would go toward buying more equipment for the same amount of shares. Depending on what we get, it might also change the outcome with increased returns. It all depends on how fast it goes and that's not something that can be predicted.
sr. member
Activity: 373
Merit: 250
June 12, 2012, 02:11:03 PM
#65
How long typically would it take to break even on one of these bonds?
hero member
Activity: 745
Merit: 501
June 12, 2012, 01:35:06 PM
#64
good dividends..!

may i ask, how many bitcoin need to be further aquired, before rig1 can be orderer?!

3000 must be enought at this exchangerate.. so just another 1000?!

Pretty much. We would still need to wait until Amazing purchases back all the hashing power however, planned end of August.
sr. member
Activity: 364
Merit: 250
[#][#][#]
June 12, 2012, 09:35:34 AM
#63
good dividends..!

may i ask, how many bitcoin need to be further aquired, before rig1 can be orderer?!

3000 must be enought at this exchangerate.. so just another 1000?!

hero member
Activity: 745
Merit: 501
June 11, 2012, 11:48:16 PM
#62
Mining returns of 30.9999945 BTC paid @ 0.0160705 BTC per share for the week of 3rd June to the 9th June of 2012

We received a bit of an extra (0.6 BTC) from Amazingrando for the late payment.
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
June 04, 2012, 06:23:08 PM
#61
Would any of the shareholders be interested in tipping in to advertise this on anonymous ads or some other place?

Currently I am advertising this on my chrome extension (using this link: https://bitly.com/Jer9UW+ ) which has brought about 20 clicks.
hero member
Activity: 745
Merit: 501
June 03, 2012, 02:14:46 PM
#60
Mining returns of 22.14361568 BTC paid @ 0.01172861 BTC per share for the week of 27th May to the 2nd June of 2012
hero member
Activity: 745
Merit: 501
May 27, 2012, 11:32:45 AM
#59
Mining returns of 12.6672819 BTC paid @ 0.01392009 BTC per share for the week of 20th May to the 26th May of 2012
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
May 23, 2012, 11:34:39 PM
#58
Just posting to say that Namworld (the user above me) answered to me when I emailed him at the email address on http://www.namworld.net/  Wink So he is actually namworld.net.
hero member
Activity: 745
Merit: 501
May 22, 2012, 05:55:25 PM
#57
My info verified by GLBSE is technically he info matching the business registration for it (I got a post about that on first page).

If you want to verify that personally, you could try sending me an email directly on that website maybe? I'll answer you.

Also, yes, I'm purchasing more bonds each weekend as new funds are added. (Usually Saturday, for the next Sunday - Saturday week. We're usually paid Sunday or later for the previous Sunday to Saturday)
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
May 22, 2012, 11:22:05 AM
#56
Nice. Got 1.something in dividents. Bought one more share and kept the "something" part. :-) And now I have 91 shares. I hope more people start buying shares

Namword could you please mention BTC-MINING somewhere on http://www.namworld.net/ ? Just to make sure you really own that site/company. :-)

Oh and will you buy more bonds as more people buy shares? Or are we going to split up the current bond dividents among all shareholders until you buy the rig?

Best of luck.

hero member
Activity: 745
Merit: 501
May 22, 2012, 12:46:36 AM
#55
Mining returns of 10.57820733 BTC paid @ 0.01257813 BTC per share for the week of 13th May to the 19th May of 2012
donator
Activity: 588
Merit: 500
May 21, 2012, 06:51:23 PM
#54
Cut to 40% for reinvesting. If the operation is a success, you will get funds easily on GLBSE for more units.
For the other investors, I'm in Montreal too and I can check on him Smiley
sr. member
Activity: 364
Merit: 250
[#][#][#]
May 21, 2012, 05:55:55 PM
#53
the faster people buy into the IPO, the faster the dividends will rise. go on, ppl.
hero member
Activity: 745
Merit: 501
May 19, 2012, 12:14:19 AM
#52
I am placing funds reserved for new equipment in bonds which pays pretty close to the 50% returns on a mini-rig, which shouldn't dilute the purchasing power. (Will be bought back by the end of august by issuer). I might try and negotiate an extension if necessary until all 10000 shares are sold, or buy bonds on GLBSE (will require an extra motion for those options)

The minirig have no extensive warranty (I heard 6 months, don't remember if that's noted somewhere on the website, haven't seen it), but their internal hardware consists of an array of small boards with two processors each (just like the Single). No moving parts makes those kind of components last long. Components that may fail faster than other usually include hard disk drives and such. Of course the processors might break over time, but those boards can be replaced/re-added. It's mostly a modular product when you look inside it. Replacing fans/boards inside should be as easy as replacing components in your computer, as far as I know.

x6500 cards gives 0.70 mhash/$ compared to 1.63mhash/$ on Mini-Rig. More than twice the bang for your bucks.
Minirig is about 20 mhash/w, x6500 cards are 23.25mhash/w. Really not a big difference.

MiniRig is a good option, but the cost of entry are prohibitive.
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
May 18, 2012, 09:05:29 PM
#51
Hi Namworld. I really wish you good luck on that. I bought in total about 40 shares. I really hope this goes well. Have you considered the x6500 mining cards? The are more expensive but use even less power. I don't know if buying them in bulk would bring their price down closer to the mini-rigs.

For the record I was mostly attracted by the mining split (10-40-50) which seem pretty rational to me.

One question. When you sell about 3250 shares, you are logically going to buy the first rig. When you sell another 1000 shares, how are the profits going to be split? It will seem like our shares are diluted until the second rig is bought? Or will you consider buying mining bonds during that time? (like you did now, or directly on GLBSE)

Best of luck. I will tell a friend to consider buying some shares too since he's got some BTC just sitting there...

Also you should get on #bitcoin-assets if you don't do so already.

Oh and do those rigs have any warranty?

Edit: this is probably the most unstructured post I've ever typed.
hero member
Activity: 745
Merit: 501
May 17, 2012, 11:36:32 AM
#50
It's around 3.63 mhash/BTC with the private bonds I'm purchasing, so should give around 0.064 BTC per month on each share, depending on how much hashing I purchased with the funds. 0.64 x 12 = 0.768 = 76.8% yearly return. (At current difficulty). (It's 100% returned on those, and not 50%)

Of course it will almost double after we're fully funded and issuer of those bonds purchase them back and we order the actual mining rigs.

An estimated 3.75 mhash/BTC cashed out for purchasers - 3 mhash/BTC for new equipment - 0.75mhash for electricity and administration.
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