Topic: Diablo Mining Company - page 38. (Read 96422 times)

I just checked the value of your bonds today:

15 GIGAMINING (5 mhash) = 15.00 BTC (75 mhash)  15
1784 YABMC (1 mhash) = 328.26 BTC (1784 mhash)  285
1053 BMMO (1 mhash) = 195.86 BTC (1053 mhash)  206
849 TYGRR.BOND-A (1 mhash) = 169.80 BTC (849 mhash) 144
994 BTCMC (5 mhash) = 755.20 BTC (4970 mhash) 746
941 OBSI.1MHS (1 mhash) = 178.79 BTC (941 mhash) 150
4 RSM (1.3 mhash) = 5.20 BTC (5 mhash) 1
450 BMF (3 mhash*) = 445.05 BTC (1350 mhash)
98 BFLS.RIG (4.15 mhash) = 68.60 BTC (407 mhash)
140 SYNERGY (1 mhash) = 27.72 BTC (140 mhash) 25

total of ~2085 BTC. Assuming market depth would actually allow you to sell them all at those prices, in reality its going to be a lot less. Add the 41 BTC you paid in dividends and so far, you have managed to lose almost exactly half your investors money while claiming to make profits.
Really, you should start buying greek debt, your profits will soar!

You mean the 41BTC paid in dividends or something that actually matters?

Yup, you're missing things. Don't worry, it happens to even the best of us.

asset growth?
I may be missing something, but didnt you sell 4066 shares at 1 BTC while your holdings are currently worth 2189 BTC at market rate (and you will never even be able to actually sell for that much)?

Happy Dividend Day!

Shares sold to date: 4066
Dividends paid out today: 30.98172586 BTC
Dividends per share paid out today: 0.00761970631087064 BTC

Dividends paid out for all time: 41.114581505 BTC
Dividends paid out for all time per share:0.013236588597456  BTC
Money uninvested: 0.00 BTC

Shares held total:
15 GIGAMINING (5 mhash) = 15.00 BTC (75 mhash)
1784 YABMC (1 mhash) = 328.26 BTC (1784 mhash)
1053 BMMO (1 mhash) = 195.86 BTC (1053 mhash)
849 TYGRR.BOND-A (1 mhash) = 169.80 BTC (849 mhash)
994 BTCMC (5 mhash) = 755.20 BTC (4970 mhash)
941 OBSI.1MHS (1 mhash) = 178.79 BTC (941 mhash)
4 RSM (1.3 mhash) = 5.20 BTC (5 mhash)
450 BMF (3 mhash*) = 445.05 BTC (1350 mhash)
98 BFLS.RIG (4.15 mhash) = 68.60 BTC (407 mhash)
140 SYNERGY (1 mhash) = 27.72 BTC (140 mhash)

*: BMF is not a mining stock, but I'm valuing it at 3 mhash each

Total investments: 2189.48 BTC
Total hashing power: 11574 mhash (equivalent to 0.575 mhash/$)
Approximately 2.846 mhash per share

Increase in asset value: 89.9%
Increase in mhash: 189.2%
Increase mhash/$ efficiency: 27.7%

Announcements:
Last month I announced that "Bonds for DMC" would be changing to 2.5 mhash from 2.25 mhash on July 1st. However, due to the rapid growth of Diablo Mining Company's assets, we are skipping 2.5 and 2.75 mhash per share and going straight to 3.00 mhash per share.

The bond trading chart is available at http://caspar.adterrasperaspera.com/dmc/trade/

In addition, I am raising the IPO share price from 1.00 BTC to 1.025 BTC to reflect asset growth and protect early shareholder value.

Wait until I do the monthly report. It should come out sometime today.

Right. Now, can you post the link to DMC portfolio? 

Well, that share trade table is completely automatic, written in Perl.  And I also already wrote a script to calculate dividends semi-automatically, also written in Perl. So, whats one more?

I am all in for automation but only when it actually makes sense.
Why overcomplicate a simple task, that will take you <2 min. per week? To start hacking Perl and GLBSE API for a simple weekly report is close to pointless. Even adding div's to that report spreadsheet manually is a short and simple task of one minute or less.
Total investment per week is 3 min!
Lets say you frack around with this code for an hour. That's like 20 weeks worth of simple copy paste stats An then you will have those odd situations, when connection to GLBSE craps out and you need to write and test code for that... Or only part of the data is available... etc.

Dividend day is tomorrow. I'm going to post it right after BTCMC posts theirs.

That is the exact opposite of automatic. When the market is busy, I may make buys and sells several times a day just to take advantage of the deals that pop up. It would take like 5 lines of perl to do this automatically.

Open your https://glbse.com/portfolio

I assume you use a web browser NOT called IE. Use your Ctr key + mouse pointer and select  Asset column, copy this to your Google spreadsheet, repeat for Quantity column. Let the column C do the math and fetch prices (see https://bitcointalksearch.org/topic/m.944466 )
This will take you less time than me writing this post.  Publish the spreadsheet as a web page and be done with it.

Cheers!

I could automate it with perl, but I won't until nefario adds a read only private API. I'm not comfortable with enabling the API as long as I can't set any state changing commands to disabled.

DiabloD3, can you start publishing the fund holdings once a week?
This is not a big job and takes you about <2 minutes with google (vomit!) spreadsheet that has a live price update.
Once a month in BTC world is way too long.

Everyones shares are post split......the people who owned 100 shares before own 1,000 shares now.  No different than if they bought 1,000 shares post split.  Dividends are the same as well.....they recieved 15 BTC per month before (on 100 shares), they recieve 15 BTC per month now (on 1,000 shares).

THe dividend will continue to rise as well. 

I have e-mailed Nefario and will try to get the contract changed so there is no more confusion. 

Yes, and all of DMC's holdings of BTCMC are apparently post-split.

Yes, and all of DMC's holdings of BTCMC are apparently post-split.

Dude, you have to pay attention to the thread.

We had 1,000 shares issued paying a dividend of .15 per share.  We did a 10 for 1 split, thus we now pay .015 per share.  We are still going to pay out the same 150 BTC as before. 

This was very clearly stated in the thread we have for the company. 

Well, not all news is bad today.

Diablo Mining Company has now passed 11 Ghash, and we're also 57 shares short of 4000 shares sold.

The difference is because they had a 10-for-1 stock split, but couldn't update the contract.


Witnessed. Pre-announcing this move is a good way of reducing the value of those holdings even further.

(If you want to remove that from your post I'll unwitness it!)

Yup. I guess over the next month I'm going to dump the BTCMC holdings I have.