Current migrations from BTCT.co to TAT.VIRTUALMINE on Bitfunder.com are complete.
Dividends will no longer be paid through BTCT.co.
If you haven't completed your migration, follow the instructions below:
BTCT.co Migration Instructions
-----------------------------------------------
Using the same e-mail account you have registered on BTCT.co, send an email to [email protected] with the following information enclosed:
1) Make the subject of your e-mail: TAT.VIRTUALMINE
2) The number of shares you currently hold on BTCT.co
3) Your Bitfunder.com account name (not email)
FOLLOW THESE INSTRUCTIONS CAREFULLY AND BE ACCURATE. WE WILL NOT TAKE RESPONSIBILITY FOR YOUR TYPOS OR INCORRECT INFORMATION. WE ARE NOT RESPONSIBLE FOR ANY DELAYS IN PROCESSING, NOR POTENTIAL LOSS INCURRED DURING THIS MIGRATION PROCESS. WE APPRECIATE YOUR PATIENCE. WE AIM TO MAKE THIS A SMOOTH & EFFICIENT PROCESS, THANK YOU!
Topic: [BTC-TC] [TAT.VIRTUALMINE] Virtual Mining Hashing Now Available! (Read 2479 times)
The price is taking a beating-
I intended to pay divs early this week, but BTCT.co is having some load issues currently.
Dividend will be 0.00017196 per share.
Thanks!
Dividend will be 0.00017196 per share.
Thanks!
Think this was meant for the ASIC-M thread. Miners shouldn't get too excited.
Thanks
I intended to pay divs early this week, but BTCT.co is having some load issues currently.
Dividend will be 0.00017196 per share.
Thanks!
Dividend will be 0.00017196 per share.
Thanks!
Think this was meant for the ASIC-M thread. Miners shouldn't get too excited.
IGNORE THIS POST!
UPDATE
Due to ASICMINER's decline in hashing for several days now, I am pausing any new issuance of TAT.VIRTUALMINER units, and I will begin to find alternate backing for the hashes AM has taken offline.
Since it is likely that this is a temporary lull in hashrate from AM, I will not be securing new backing aggressively, but I will be buying other hashing assets at a modest pace until AM gets back up to a speed that covers TAT.VM's hashes, or I until I buy enough alternate hashes to exceed what is required for backing TAT.VM.
Any alternate hashing that is purchased will likely be held permanently as backing for TAT.VM hashes.
Once the dust has settled, I will issue a new TRANSPARENCY REPORT, showing all holdings used as backing, etc.
Thanks!
Due to ASICMINER's decline in hashing for several days now, I am pausing any new issuance of TAT.VIRTUALMINER units, and I will begin to find alternate backing for the hashes AM has taken offline.
Since it is likely that this is a temporary lull in hashrate from AM, I will not be securing new backing aggressively, but I will be buying other hashing assets at a modest pace until AM gets back up to a speed that covers TAT.VM's hashes, or I until I buy enough alternate hashes to exceed what is required for backing TAT.VM.
Any alternate hashing that is purchased will likely be held permanently as backing for TAT.VM hashes.
Once the dust has settled, I will issue a new TRANSPARENCY REPORT, showing all holdings used as backing, etc.
Thanks!
I brought this pitchfork for nothing.
Went through just a little while ago-
I got my pitchfork ready
Looks like it failed today, I'm going to assume TAT is on it....
Divs for BTC-TC today?
woot. Wish I had to BTC to buy them all lol
Price will go down once there is more shares on the market
There may be reasons people prefer TAT over DMS enough to pay that much more for TAT...if so, I'd love to hear them before I invest my own capital.
What doesn't make sense to me is why they're paying an over 10% premium for the shares on Btct.co over the Bitfunder price. I made some good money trading the difference yesterday, but I could have made even more if I knew people wanted to overpay this much for it. I see that TAT.VIRTUALMINE has, as of this writing, been bid up to 0.00895. For those buying such shares at a premium or clamoring for the release of more TAT.VIRTUALMINE shares on BTC-TC, I'm curious why you are avoiding buying the DMS.MINING security, which pays out as a 5Mhash/s PMB (5 times that of TAT) and at its current price of 0.03342, and is selling at ((0.03342/5)/.00895)=74% the price of TAT.VIRTUALMINE for the same dividend?
There may be reasons people prefer TAT over DMS enough to pay that much more for TAT...if so, I'd love to hear them before I invest my own capital.
There may be reasons people prefer TAT over DMS enough to pay that much more for TAT...if so, I'd love to hear them before I invest my own capital.
The DMS mining security has an effective cap on the price due to how it's issued and is therefore more attractive to buy/hold buyers interested in the dividend, while TAT's is uncapped and will respond to market demand and is therefore more attractive to flippers and speculators. (Also, DMS has that odd second security tied to it tracking the other side of the bond transaction that makes it a little more complex to understand, and it looks like a lot of folks simply aren't confident enough in their own understanding of it to risk their money.)
I see that TAT.VIRTUALMINE has, as of this writing, been bid up to 0.00895. For those buying such shares at a premium or clamoring for the release of more TAT.VIRTUALMINE shares on BTC-TC, I'm curious why you are avoiding buying the DMS.MINING security, which pays out as a 5Mhash/s PMB (5 times that of TAT) and at its current price of 0.03342, and is selling at ((0.03342/5)/.00895)=74% the price of TAT.VIRTUALMINE for the same dividend?
There may be reasons people prefer TAT over DMS enough to pay that much more for TAT...if so, I'd love to hear them before I invest my own capital.
There may be reasons people prefer TAT over DMS enough to pay that much more for TAT...if so, I'd love to hear them before I invest my own capital.
Releases will be according to market demand, and are not on any set schedule currently.
The market demands you release more shares today! 
yes a lot more Releases will be according to market demand, and are not on any set schedule currently.
The market demands you release more shares today!
Please note that 21,000 units have been issued so far. The release of new units will be more staggered than the BitFunder version of this asset due to the need for me to secure more of the backing asset.
Releases will be according to market demand, and are not on any set schedule currently.
The first daily payout has already been scheduled.
Thanks!
Releases will be according to market demand, and are not on any set schedule currently.
The first daily payout has already been scheduled.
Thanks!
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