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Topic: [BTC-TC] YABMC - page 18. (Read 45332 times)

hero member
Activity: 518
Merit: 500
August 22, 2012, 02:23:48 PM
As 1/3rd of YAMBC, I should comment that personally I do not use GPUmax, although I have an account.
legendary
Activity: 1666
Merit: 1000
August 22, 2012, 04:39:38 AM
All,

GPUmax pays out on a almost daily basis - there is nothing to withdraw - it is a "manual" system.

Also, with GPUmax, you only accrue BTC when they are leasing your shares - which has been well under 50% of the time - so the shares are proxied to the "offline" pool of our choosing.  We then get payment from that offline pool.

Said differently, GPUmax is currently accounting for less than 30% of my daily mining income.  Additionally, I was paid yesterday from GPUmax (as were all miners).

Also, please note, that we have hashing power far in excess of the 54.7 Gh/s of bonds sold.  Personally, I have added 25 Gh/s recently and know that hashking and PatrickHarnett have added to their operations since their involvement in YABMC.

I hope this eases some of your concerns.

Best,

JW
legendary
Activity: 1031
Merit: 1000
August 21, 2012, 09:03:46 PM
What is your take on the security of GPUMAX given the recent developments re. pirateat40?

Still not following...

Security of GPUmax in what sense?

Pirate sailed off to pirate island. There is considerable uncertainty about whether any accounts receivables are worth anything. As I understand it Pirate operates GPUmax. If you mine at GPUmax and if you have not withdrawn bitcoins then those accounts receivables may need to be discounted which would then need to be factored into the value of the security.
sr. member
Activity: 451
Merit: 250
August 21, 2012, 08:59:38 PM
What has the projected increase in difficulty been since the date of issue?

Are you saying that the change in value is due to difficulty changes?


As difficulty increases the payout of 1Mh decreases. The rise in difficulty has been large with the recent BTCUSD rally.
legendary
Activity: 1064
Merit: 1001
August 21, 2012, 08:58:13 PM
What has the projected increase in difficulty been since the date of issue?

Are you saying that the change in value is due to difficulty changes?
hero member
Activity: 532
Merit: 500
August 21, 2012, 08:55:51 PM
Why has this bond lost 70% of its face value from the original date of issue?


What has the projected increase in difficulty been since the date of issue?
legendary
Activity: 1064
Merit: 1001
August 21, 2012, 08:54:06 PM
Why has this bond lost 70% of its face value from the original date of issue?
sr. member
Activity: 451
Merit: 250
August 21, 2012, 08:49:23 PM
What is your take on the security of GPUMAX given the recent developments re. pirateat40?

Still not following...

Security of GPUmax in what sense?



Do you have coins in GPUmax or are they always withdrawn instantly?
legendary
Activity: 1666
Merit: 1000
August 21, 2012, 08:43:00 PM
What is your take on the security of GPUMAX given the recent developments re. pirateat40?

Still not following...

Security of GPUmax in what sense?

sr. member
Activity: 451
Merit: 250
August 21, 2012, 08:34:48 PM
What is your take on the security of GPUMAX given the recent developments re. pirateat40?
legendary
Activity: 1666
Merit: 1000
sr. member
Activity: 451
Merit: 250
legendary
Activity: 1666
Merit: 1000
August 21, 2012, 07:23:12 PM
Does YABMC use GPUMAX?

Yes, we use GPUMAX...
sr. member
Activity: 451
Merit: 250
August 21, 2012, 06:55:53 PM
Does YABMC use GPUMAX?
sr. member
Activity: 451
Merit: 250
August 21, 2012, 03:55:55 PM
Absolutely loving the recent upswing. Keep up the good work!
legendary
Activity: 1666
Merit: 1000
August 21, 2012, 07:23:02 AM
Coupon Paid.  Thanks for your continued support of YABMC!
legendary
Activity: 1666
Merit: 1000
August 17, 2012, 07:17:26 AM
Coupon Paid - Have a good weekend!
legendary
Activity: 1666
Merit: 1000
August 14, 2012, 05:42:51 AM
Coupon Paid a bit early - have a good week!
legendary
Activity: 1666
Merit: 1000
August 10, 2012, 07:09:25 AM
Coupon Paid - Have a great weekend!
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
August 07, 2012, 09:52:28 AM
I will buy more shares since the prices are so low, good assets to hold, thank you.
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