[CLOSED] ABM Mining Company - page 7.

PsychoticBoy

donator

Activity: 1890

Merit: 1010

Parental Advisory Explicit Content

I will only issue more shares if I have the hardware to back it up.

Thanks for investing in ABM

I will buy such measure device first thing in the morning, let`s see if it really uses 80w.

The link to my electricity company is: http://thuis.eneco.nl/groene-energie/energieprijzen/stroomprijzen/ I am currently using Windstroom Variabel, prices are incl. taxes excl. fixed charge.

I have to look up on where/how to make a public spreadsheet, i am new at that Huh

Pictures of the BFLS will be uploaded soon.

Greetz

Sukrim

legendary

Activity: 2618

Merit: 1007

Would you dilute shares (issue more than the 1000 currently issued) to buy more hardware? After all you seem to value your whole enterprise at less that 1000€...

Anyways, I snatched a few shares - it's not like they are expensive anyways, who knows what might happen?

Just for the record:
Make sure you have the following
* A way to measure to the kilowatt per day how much electricity your miner(s) really use (small plugging device for ~20€ at Amazon)
* Proof of how much your electricity really costs (e.g. a link to the company that provides your electricity + the rate you're currently in)
* A public spreadsheet where you note down how much you mined each day (or week), how much electricity you used etc. to be able to keep track and boast your numbers
* Pictures of the BFLS, ideally with some handwritten note...

PsychoticBoy

donator

Activity: 1890

Merit: 1010

Parental Advisory Explicit Content

I am planning to grow bigger and bigger, recently ordered another BFLS.
And hoping to buy more FPGA/ASICS in the near future.
Other than that there is no difference.

(looking for a way to decrease electricity costs)

roomservice

full member

Activity: 199

Merit: 100

Quote from: rjk on April 30, 2012, 02:31:35 PM

I hate to be "that guy", but... Another one of these?

May I ask what you offer to differentiate yourself from the rest of the mining companies on the GLBSE?

I guess this fact: Electricity costs are 0,24 EUR KW/h.

Well, what about longterm plans? If difficulty rises and block reward is cut by 50% at the end of this year you are almost break even on power...

24 hours of mining on current difficulty
##########################

BTC earned: BTC 0.53338739
Revenue: $ 2.63
Power cost: $ 0.61
Net revenue: $ 2.02

rjk

sr. member

Activity: 448

Merit: 250

1ngldh

I hate to be "that guy", but... Another one of these?

May I ask what you offer to differentiate yourself from the rest of the mining companies on the GLBSE?

PsychoticBoy

donator

Activity: 1890

Merit: 1010

Parental Advisory Explicit Content

Dear investors,

Introducing a new mining company,
https://glbse.com/asset/view/ABM
Ticker: ABM
ABM is a mining company using BFL Single(s)

A few weeks ago the IPO got launched.
Currently we`re mining with 1 BFL Single @ 830 Mh/s using ~80w.
Electricity costs are 0,24 EUR KW/h. (ECO power from Windmills)
Only electricity used by the BFL Single(`s) will be calculated.
Currently shares are sold for 0.25 BTC a share. (total shares issued: 1000) *All shares are sold*
Dividends will be paid weekly on Wednesday.

Happy trading.

EDIT:
From now on ABM is listed on https://BitFunder.com
https://bitfunder.com/asset/ABM

Topic: [CLOSED] ABM Mining Company - page 7. (Read 12913 times)