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Topic: [CryptoStocks] ::GREEN:: GreenBTC - Making the Bitcoin Green (Read 8802 times)

newbie
Activity: 35
Merit: 0
and now I'm wondering about that too: how long 'indefinitely' means, and if there was a vote on this that I somehow missed.
Apparently, GreenBTC is gone forever. Angry

Shame on You, RandomQ
full member
Activity: 194
Merit: 100
I was wondering about the exchange move myself. I am a shareholder of GREEN, and when I saw there was a request for vote on changing exchanges, I sent a PM asking for some details on the proposed move so that I could make an informed vote, but never got a response back...

Speaking of wondering things, I saw the notice on Cryptostocks today that dividends have been 'suspended indefinitely', and now I'm wondering about that too: how long 'indefinitely' means, and if there was a vote on this that I somehow missed.
newbie
Activity: 29
Merit: 0
Just wondering when you will be transferring the shares to another exchange, and what exchange will you be using?
hero member
Activity: 826
Merit: 500
Sent out the dividend payment today

Long term plans involve getting a BFL or Avalon device

I'm moving to a cheaper power company .09 KWH also within 10 miles of a 100 MW solar plant





hero member
Activity: 826
Merit: 500
Dividend is going to be a few days late gotta buy some BTC and waiting on dwolla transfer.

Updated the Books to reflect cash added this week.

hero member
Activity: 826
Merit: 500
Dividend has been increased to 1.3 BTC a week.



Also going to try and get website and domain back up...having minor problem with old host
hero member
Activity: 826
Merit: 500
Depending on how fast the deposit confirms dividend will be paid sometime today. PAID
Dividend will incease to 1.1 BTC Weekly, with the same mix as before 75% paid by me and 25% by the general fund.
hero member
Activity: 826
Merit: 500
Dividend Paid Early, Since I will be out of town this weekend.
hero member
Activity: 826
Merit: 500
Well good news, We started paying dividends again!!!

The more delays and problems I see with ASIC hadware producers the better I think the choice was to delay a purchase until one is released in the wild.

Just in case anyone missed the news we are relisted on Cryptostocks
hero member
Activity: 826
Merit: 500
Our Current hardware Mining LTC would only generate ~.7 Btc a week and cost over 250 a month to power.
Currently we would mine BTC @ ~1.4 BTC a week with no down time.

We Will start dividend payment next week on sunday of 1 BTC. With 75% being paid by me and 25% being paid from the general fund.

We Will attempt to buy into BTC price dips in the next few weeks, and convert our USD reserves to BTC.

To Ready the company to purchase a new mining rig when they are released.

I will try to sell off the mining hardware for BTC or USD whatever gives us the most value.
member
Activity: 195
Merit: 10
The shares were loaded and assigned to the shareholders. For users who did not have an email account with Cryptostocks.com before will have received an email-notification. Check your Spam folder should you not have received your account registration email.
hero member
Activity: 826
Merit: 500
Good News....

We are Relisted!

You should get a email from cryptostocks about registering your account to get access to your shares.

All remaining Dividends have been paid out.(I sent out a small amount of BTC extra because of a unconfirmed block, so consider it a xmas gift)

Going to try some LTC mining, and see if we can get some dividends going again.




sr. member
Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
What about mining litecoins with the gpus? Wouldn't it be sustainable?
legendary
Activity: 1232
Merit: 1001
Thank you very much,

I was wondering where this sudden BTC came from. Good you added information in the Transaction or I would have never found out.

Didn't even know I had shares in Green  Tongue
hero member
Activity: 826
Merit: 500
Howdy Everyone,

We have sent out the Oct 7 Dividend Payment.

The Dividend Payment was .004 Per sharre.

https://blockchain.info/tx/5f4fbee2fdfb1ac7ad7488a686960261778c7cbd51a198161d3eec0be1ae3975



Current Status of the Asset

At the block halving the asset was loosing around $250 a month, with 90% being absorbed by myself.

I was betting that we could skip FPGA and go straight to ASIC. The problem is ASIC is being late coming out, and its a race to see what company gets the product.

I turned off all of the mining rigs with the block halving, it is possible that I may restart Mining Rig #1 with a new graphics card that I will leasing back to the asset for no cost along with 3 other cards.

I'm going to start selling the Mining Rigs to increase our cash reserves.

Since it doesn't really make any sense to buy a FPGA rig right now, even with full trade in value. Unless someone really wants to unload one for cheap.

The Best plan of attack is wait for EXTRA ASIC rigs people bought to be sold on the Open Market Come Early Jan.

But I will keep everyone updated, on plans.


I'm going to wait till next sunday to do the next two dividend payments.

To give time for people to claim there shares or say I might have screwed up with the payments


hero member
Activity: 826
Merit: 500
Just wanted to Put a Quick statement.

We have the list and will resume dividends payments on Sunday.
We also have an Updated list, that I haven't looked at yet.

The Old list appears to be missing ~25 shares per my records. So its possible someone has not redeemed them yet.

I have a few emails and PM I need to respond too, I should get those taken care of Sunday.


The Current Plan of attack is Issue all Back Dividend Payments, starting slowly to prevent any errors.

Once all Dividend Payments have been made, Re-list the stock on a exchange most likely cryptostocks.

hero member
Activity: 826
Merit: 500
Hello,

We still haven't got our shareholder list yet.

Long story short, Our rigs are still mining, in a few days when the block chain halves we will consider our options.(Switching to LTC or Selling Rigs)

I didn't really expect the ASIC to be this late coming out, since we have nothing on pre-order. We can bid on any ASIC that gets sold on the open market/auction.

Once we get our List, most likely we will switch over to cryptostock since they are offering free transfers now.

There is a minor issue right now with our dividend coins not being accessible. I made a mistake and i wiped the google authentication logins.
But I'm working to get that fixed, If for some reason i can't get access back to the dividends. I will repay them out of my own pocket because it was a mistake on my part,
not a security break in or thief of coins.  

All Fixed Dividends are ready for Payout when we get our list.
hero member
Activity: 826
Merit: 500
Just quick update

The Dividend this week is going to be late going into escrow.

We had a problem this past week with mining rig 1 having the hard drive go bad, and the sata connectors on the motherboard no longer working.

I purchased out of my own funds I'm calling it Mining Rig 0 to lease back to the company for free for the time being.

I'm also going to be moving Mining Rig 0 and 1 to the arizona Site.

I should have a status update later this week, when i get everything moved and settled

still haven't got asset holder info yet, dividend payments are still in escrow accounts
hero member
Activity: 826
Merit: 500
So Far No Asset List From GLBSE, at the rate things are going I don't expect it before the block halving.


This weeks mining payout 2.73 with .06 coming from ALT COINS

The Escrow Account for this dividend is 19NuT1YwxVAbxxaSmkjPpNWrYmKDiWBtER

So Far So good this last week, no major downtime.
hero member
Activity: 826
Merit: 500
Weekly Update

I think we had more mining downtime than i thought on mining rig #2 this week, but I was able to get down to the root of the problem and fix it and its been 100% since then.
We are having some minor problems with one of the card in mining rig #1, it seems to be getting 1C hotter ever few days, I've put a temp fan over the top of it to give it more cooling until I pull the card
and see whats wrong with it.


We have a Income of 2.20 BTC with .1 BTC coming from alt coins.
The coins for the share holders have been put in this escrow account 1PUwgQCGZJBJ5T9RG9Y3nQBYCSAf5aXqsd until I get addresses to do a pay out.

so far so good... no news is good news right  Grin
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