Pages:
Author

Topic: Diablo Mining Company - page 40. (Read 96422 times)

legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 21, 2012, 08:30:13 AM
.... As it stands, people are valuing DMC like a mining stock, and there is no formula to convert non-mining assets to mhash. I imagine when we get the green energy farm online, no one will have to worry about DMC stock price again.

You can alway look at the price versus div and figure out your return (yield)  if you buy a security at price X. As simple as that.
BTC form Mh is nothing more than a floating "coupon". If coupon drops (Mh produces less btc), bond price will go down to keep up with yield desired by market.

 

Yeah, but no one has an easy to read chart for that. Theres a Google spreadsheet out there, but its nigh unreadable.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
June 21, 2012, 08:20:11 AM
.... As it stands, people are valuing DMC like a mining stock, and there is no formula to convert non-mining assets to mhash. I imagine when we get the green energy farm online, no one will have to worry about DMC stock price again.

You can alway look at the price versus div and figure out your return (yield)  if you buy a security at price X. As simple as that.
BTC form Mh is nothing more than a floating "coupon". If coupon drops (Mh produces less btc), bond price will go down to keep up with yield desired by market.

 
sr. member
Activity: 462
Merit: 250
I heart thebaron
June 19, 2012, 06:46:33 PM
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 17, 2012, 10:11:45 AM
I never said I was going to sell my assets at 0.19 or 0.15. I said even if I were to do something I will never do and sell my assets at 0.190/mh and assuming BFL isn't lying about their specs, I could end up with 200 ghash in SC Singles. Problem is, a) I would never do that, b) I don't trust BFL.

So, there, I proved you wrong. That was easy. I'm not sure I like a troll owning 26% of my company.

I don't know what to say.. I asked you why I had lost 50% of my investment with DMC, and you respond by calling me a troll. There's more to it than that of course but I don't want to get into it anymore.

You win D, I'll stop talking about you and your company. I just hope you do a better job going forward than you have done so far, because people have lost a lot of money investing in your company so far.

I'm not sure why you keep claiming you lost 50% of your investment. Market prices for everything on GLBSE are panic low because of the BFL announcement. I don't know why you don't see this as an opportunity to just buy more at a much cheaper price.

Because the prices currently being down might mean it's impossible getting back your investment or getting rid of your shares. During any stock market crash there's plenty of good opportunity to make money, but there is no guarantee that specific titles will go back up. Any further investment could be considered as risky. As such you usually consider you have lost part of your investment so long as share prices are lower as you cannot immediately get it back in full and you have no guarantee of them going back up. Especially if they cannot trade their share the other way around. You'd definitely need at least a PR person, that doesn't seem to be your forte. What you say about the panic lows might be true but you'll have to answer people more nicely if you're going to hold their money. Misunderstandings happen all the time, you have to clear those up yourself unfortunately and explain how you plan to get the prices back up or why you think they will go back up.

PR isn't the issue. usagi has continually hounded me on IRC over something I really have no control over. If people want to panic sell, thats their problem, and I'm happy to clean up on all the other shares/bonds also dropping like a rock. If usagi doesn't like the fact I'm trying to optimize DMC's holdings to increase investor profit, thats also not something I have any control over.

As it stands, people are valuing DMC like a mining stock, and there is no formula to convert non-mining assets to mhash. I imagine when we get the green energy farm online, no one will have to worry about DMC stock price again.
hero member
Activity: 745
Merit: 501
June 17, 2012, 09:48:44 AM
I never said I was going to sell my assets at 0.19 or 0.15. I said even if I were to do something I will never do and sell my assets at 0.190/mh and assuming BFL isn't lying about their specs, I could end up with 200 ghash in SC Singles. Problem is, a) I would never do that, b) I don't trust BFL.

So, there, I proved you wrong. That was easy. I'm not sure I like a troll owning 26% of my company.

I don't know what to say.. I asked you why I had lost 50% of my investment with DMC, and you respond by calling me a troll. There's more to it than that of course but I don't want to get into it anymore.

You win D, I'll stop talking about you and your company. I just hope you do a better job going forward than you have done so far, because people have lost a lot of money investing in your company so far.

I'm not sure why you keep claiming you lost 50% of your investment. Market prices for everything on GLBSE are panic low because of the BFL announcement. I don't know why you don't see this as an opportunity to just buy more at a much cheaper price.

Because the prices currently being down might mean it's impossible getting back your investment or getting rid of your shares. During any stock market crash there's plenty of good opportunity to make money, but there is no guarantee that specific titles will go back up. Any further investment could be considered as risky. As such you usually consider you have lost part of your investment so long as share prices are lower as you cannot immediately get it back in full and you have no guarantee of them going back up. Especially if they cannot trade their share the other way around. You'd definitely need at least a PR person, that doesn't seem to be your forte. What you say about the panic lows might be true but you'll have to answer people more nicely if you're going to hold their money. Misunderstandings happen all the time, you have to clear those up yourself unfortunately and explain how you plan to get the prices back up or why you think they will go back up.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 17, 2012, 09:26:33 AM
I never said I was going to sell my assets at 0.19 or 0.15. I said even if I were to do something I will never do and sell my assets at 0.190/mh and assuming BFL isn't lying about their specs, I could end up with 200 ghash in SC Singles. Problem is, a) I would never do that, b) I don't trust BFL.

So, there, I proved you wrong. That was easy. I'm not sure I like a troll owning 26% of my company.

I don't know what to say.. I asked you why I had lost 50% of my investment with DMC, and you respond by calling me a troll. There's more to it than that of course but I don't want to get into it anymore.

You win D, I'll stop talking about you and your company. I just hope you do a better job going forward than you have done so far, because people have lost a lot of money investing in your company so far.

I'm not sure why you keep claiming you lost 50% of your investment. Market prices for everything on GLBSE are panic low because of the BFL announcement. I don't know why you don't see this as an opportunity to just buy more at a much cheaper price.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 17, 2012, 09:06:34 AM
To me the interesting part of this offering is the ability to sell power back to the grid. This means you can get a return even if bitcoin mining goes bust. And you can always rent the space out for other companies that need a DC.

The ASIC seems like it wil be a long way off if it gets off the ground at all. I also believe they will be sending out old bfl singles they get back because of the trade in offer to their old customers still on the waiting list then they will not have to build all the singles they have on pre order Smiley

In b4 fractional manufacturing.....

Well, the guy who runs BMF has been basically character assassinating my plan on IRC (plan assassinating?) because he thinks "small" scale (as in, less than hundreds of mw and up) power generation (green or not) is not cost effective and cannot turn a profit.

The thing is, I actually want to roll that out first BEFORE the DC, it seems to be just so much more profitable and easier to scale.

As one of your biggest shareholders at 26%, I have pointed out that you have been trading away the equity in your company to sell more shares, thus lowering the stock price. You have said some pretty horrifying things on IRC recently, like how you were talking about selling all your bonds at 0.19 or 0.15. I'm not sure if you are serious or just being a bad manager, but I've lost 50% by investing in DMC and it looks like the bloodbath is not over. I've repeatedly offered to give you advice, help you turn your company around, but you have refused and grandstanded the entire time.

I wish I could just sell out but I can't even sell shares at 0.50. The ask has been there for days. No one is buying your fund. And when you finally get to the point where *everyone* knows that trading with you will always result in a loss, no one will trade with you, and your issue will collapse.

Prove me wrong.

I never said I was going to sell my assets at 0.19 or 0.15. I said even if I were to do something I will never do and sell my assets at 0.190/mh and assuming BFL isn't lying about their specs, I could end up with 200 ghash in SC Singles. Problem is, a) I would never do that, b) I don't trust BFL.

So, there, I proved you wrong. That was easy. I'm not sure I like a troll owning 26% of my company.
legendary
Activity: 1222
Merit: 1016
Live and Let Live
June 17, 2012, 07:28:39 AM
Drama sharing time time.

That guy is so fucking fucking... why bother?   Roll Eyes  He isn't even good at trolling.  Cry

Who on earth would waste their time with these stupid videos.

Also... DMC has been going very, cheap, on GLBSE.   By-far the best-value mining stock listed.
hero member
Activity: 686
Merit: 500
Wat
June 16, 2012, 11:37:40 PM
Theres a few brokers around http://www.emit-markets.com/ and http://www.gtlaw.com/Experience/Practices/CarbonCredits although there might be one closer to your state if you google around.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 16, 2012, 10:27:33 PM
To me the interesting part of this offering is the ability to sell power back to the grid. This means you can get a return even if bitcoin mining goes bust. And you can always rent the space out for other companies that need a DC.

The ASIC seems like it wil be a long way off if it gets off the ground at all. I also believe they will be sending out old bfl singles they get back because of the trade in offer to their old customers still on the waiting list then they will not have to build all the singles they have on pre order Smiley

In b4 fractional manufacturing.....

Well, the guy who runs BMF has been basically character assassinating my plan on IRC (plan assassinating?) because he thinks "small" scale (as in, less than hundreds of mw and up) power generation (green or not) is not cost effective and cannot turn a profit.

The thing is, I actually want to roll that out first BEFORE the DC, it seems to be just so much more profitable and easier to scale.

He doesnt live in Australia where the government is introducing carbon taxes....

You might be able to sell carbon offsets to Australian companies in future  Smiley

That'd be interesting. I forgot about the carbon offset market.
hero member
Activity: 686
Merit: 500
Wat
June 16, 2012, 10:21:45 PM
To me the interesting part of this offering is the ability to sell power back to the grid. This means you can get a return even if bitcoin mining goes bust. And you can always rent the space out for other companies that need a DC.

The ASIC seems like it wil be a long way off if it gets off the ground at all. I also believe they will be sending out old bfl singles they get back because of the trade in offer to their old customers still on the waiting list then they will not have to build all the singles they have on pre order Smiley

In b4 fractional manufacturing.....

Well, the guy who runs BMF has been basically character assassinating my plan on IRC (plan assassinating?) because he thinks "small" scale (as in, less than hundreds of mw and up) power generation (green or not) is not cost effective and cannot turn a profit.

The thing is, I actually want to roll that out first BEFORE the DC, it seems to be just so much more profitable and easier to scale.

He doesnt live in Australia where the government is introducing carbon taxes....

You might be able to sell carbon offsets to Australian companies in future  Smiley
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 16, 2012, 09:26:55 PM
To me the interesting part of this offering is the ability to sell power back to the grid. This means you can get a return even if bitcoin mining goes bust. And you can always rent the space out for other companies that need a DC.

The ASIC seems like it wil be a long way off if it gets off the ground at all. I also believe they will be sending out old bfl singles they get back because of the trade in offer to their old customers still on the waiting list then they will not have to build all the singles they have on pre order Smiley

In b4 fractional manufacturing.....

Well, the guy who runs BMF has been basically character assassinating my plan on IRC (plan assassinating?) because he thinks "small" scale (as in, less than hundreds of mw and up) power generation (green or not) is not cost effective and cannot turn a profit.

The thing is, I actually want to roll that out first BEFORE the DC, it seems to be just so much more profitable and easier to scale.
hero member
Activity: 686
Merit: 500
Wat
June 16, 2012, 09:19:36 PM
To me the interesting part of this offering is the ability to sell power back to the grid. This means you can get a return even if bitcoin mining goes bust. And you can always rent the space out for other companies that need a DC.

The ASIC seems like it wil be a long way off if it gets off the ground at all. I also believe they will be sending out old bfl singles they get back because of the trade in offer to their old customers still on the waiting list then they will not have to build all the singles they have on pre order Smiley

In b4 fractional manufacturing.....
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 16, 2012, 04:31:38 PM
So I'm assuming you will be adding BFL ASIC rigs to this setup instead of whatever else you were planning? At ~$30k per terahash, it doesn't seem space-efficient to use anything else even if power and cooling were free.

I don't believe BFL's offerings. That is just impossible, they would have had needed access to a 28nm fab somewhere.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
June 16, 2012, 12:05:57 PM
So I'm assuming you will be adding BFL ASIC rigs to this setup instead of whatever else you were planning? At ~$30k per terahash, it doesn't seem space-efficient to use anything else even if power and cooling were free.
hero member
Activity: 686
Merit: 500
Wat
June 12, 2012, 06:49:53 PM
I lol'd
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 12, 2012, 06:47:34 PM
Drama sharing time time.

[07:30:54] --> n0n00dz4u ([email protected]) has joined #dmc
[07:32:17] how did everyone enjoy the apology video
[07:33:08] you didnt post url in here
[07:38:07] i see no apology video Sad http://www.youtube.com/user/n0n00dz4u/videos
[07:38:29] thats because there isn't one
[07:38:32] lol
[07:38:34] I'm not sorrt
[07:38:36] sorry
[07:38:44] we are all confused by you
[07:38:47] good
[07:38:50] you do realize no one even gets your trolling, right?
[07:38:52] wheres my btc?
[07:38:56] blow me diablo
[07:39:00] wheres my money
[07:39:03] what money?
[07:39:12] the money you owe me
[07:39:14] 1000 btc
[07:39:16] pay up
[07:39:20] but I've never signed a contract with you.
[07:39:26] don't matter
[07:39:29] you owe
[07:39:31] pay up
[07:39:34] lol
[07:39:34] as in, Ive never agreed to anything.
[07:39:40] actually you did
[07:39:42] pay up
[07:39:53] my good friend, you have a lot to learn about how to run a get rich quick scheme.
[07:39:57] i'd pay. don't know what this kid will do otherwise! lulz
[07:40:00] I said
[07:40:04] blow me diablo
[07:40:06] 1000 BTC
[07:40:09] pay up
[07:40:19] I'd have to get a magnifying glass out to blow you.
[07:40:26] rofls
[07:40:29] and then you'd catch aids
[07:40:34] she would
[07:40:54] I'm a woman now?!
[07:41:01] <-- n0n00dz4u has quit (Quit: Leaving)

So, apparently, I'm a woman.

Also, did anyone watch his last video, the one where he breaks off all relations with DMC? He says "members of DMC". Apparently I'm a cloned army of women.

Seriously, why didn't anyone tell me?! I could be off having lesbian sex with myself!
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 12, 2012, 08:31:51 AM
when is the next dividend?

The first of every month.
legendary
Activity: 1222
Merit: 1016
Live and Let Live
June 12, 2012, 08:27:16 AM
when is the next dividend?
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 11, 2012, 05:57:43 AM
We have now crossed the 5 ghash line. At this rate, we should be past 10 ghash before the end of July.

so you're an ETF / fund now, not a mining company?

No, but its also a sin to let the money sit. Lets say I would have bought that 5 ghash straight out in harcdware... that would have taken 3-9 months to get here, yet I've already paid the first dividend 15 days in this way. I think its a win win situation.
Pages:
Jump to: