Pages:
Author

Topic: Diablo Mining Company - page 48. (Read 96422 times)

legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 09, 2012, 12:28:08 AM
#87
I look forward to seeing how this progresses. Seeing how you are going to IPO for a little over 3x the sum of the 3 largest mining companies on GLBSE, it'll be interesting to see how the market absorbs this potential investment.

I'm curious, what is your plan while selling all 200,000 shares? I ask as 1 BFL Mini Rig + enough solar panels to run it is around $22k that that doesn't include the land needed for the panels and a roof over the Mini Rig's head. So, how will you be proceeding? Gradual rollout or wait for all 200,000 shares to sell?



Probably not all 200k shares, but at least enough of them to do something with.

Do you have a specific plan or are you rolling it as you go? It helps to lure investors when you have an actual plan with return numbers besides the "if all 200k shares sell now" plan.

I'm not sure what you mean. The plan I think you're referring is in the op post.

The plan in the first post is if you had 200k BTC right now. Let's be realistic.. you aren't going to have 20k BTC by the end of summer without some way to begin paying dividends to investors. Your competition is already setup and aggressively expanding. What is your plan in the interim? Or is there none?

That is what I've been asking. Do you plan on rolling out hardware based around some sort of unit? Where does that hardware live? If you find these to be tough questions after having sorted out your long term plan then take your time to figure them out. I'm quite interested in other mining endeavors than the three 800lb gorillas sitting at the top of GLBSE.

I'm not going to speculate on that. We'll see where we are a week after the 3 day waiting period on GLBSE is up. Plans never survive contact with the enemy, but its a little early to start with the doom and gloom talk.
hero member
Activity: 560
Merit: 500
Ad astra.
May 09, 2012, 12:24:21 AM
#86
https://glbse.com/asset/view/DMC

My new favorite URL on the Internet.

"A share in the best mining company ever"

Well, you're certainly not mincing words.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 09, 2012, 12:17:21 AM
#85
https://glbse.com/asset/view/DMC

My new favorite URL on the Internet.
hero member
Activity: 697
Merit: 500
May 09, 2012, 12:08:01 AM
#84
I look forward to seeing how this progresses. Seeing how you are going to IPO for a little over 3x the sum of the 3 largest mining companies on GLBSE, it'll be interesting to see how the market absorbs this potential investment.

I'm curious, what is your plan while selling all 200,000 shares? I ask as 1 BFL Mini Rig + enough solar panels to run it is around $22k that that doesn't include the land needed for the panels and a roof over the Mini Rig's head. So, how will you be proceeding? Gradual rollout or wait for all 200,000 shares to sell?



Probably not all 200k shares, but at least enough of them to do something with.

Do you have a specific plan or are you rolling it as you go? It helps to lure investors when you have an actual plan with return numbers besides the "if all 200k shares sell now" plan.

I'm not sure what you mean. The plan I think you're referring is in the op post.

The plan in the first post is if you had 200k BTC right now. Let's be realistic.. you aren't going to have 20k BTC by the end of summer without some way to begin paying dividends to investors. Your competition is already setup and aggressively expanding. What is your plan in the interim? Or is there none?

That is what I've been asking. Do you plan on rolling out hardware based around some sort of unit? Where does that hardware live? If you find these to be tough questions after having sorted out your long term plan then take your time to figure them out. I'm quite interested in other mining endeavors than the three 800lb gorillas sitting at the top of GLBSE.
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 08, 2012, 11:50:53 PM
#83
What happens here is going to be very interesting. I'll be picking up a few shares just to be a part of it Cheesy
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 08, 2012, 11:38:41 PM
#82
I look forward to seeing how this progresses. Seeing how you are going to IPO for a little over 3x the sum of the 3 largest mining companies on GLBSE, it'll be interesting to see how the market absorbs this potential investment.

I'm curious, what is your plan while selling all 200,000 shares? I ask as 1 BFL Mini Rig + enough solar panels to run it is around $22k that that doesn't include the land needed for the panels and a roof over the Mini Rig's head. So, how will you be proceeding? Gradual rollout or wait for all 200,000 shares to sell?



Probably not all 200k shares, but at least enough of them to do something with.

Do you have a specific plan or are you rolling it as you go? It helps to lure investors when you have an actual plan with return numbers besides the "if all 200k shares sell now" plan.

I'm not sure what you mean. The plan I think you're referring is in the op post.
hero member
Activity: 697
Merit: 500
May 08, 2012, 11:35:08 PM
#81
I look forward to seeing how this progresses. Seeing how you are going to IPO for a little over 3x the sum of the 3 largest mining companies on GLBSE, it'll be interesting to see how the market absorbs this potential investment.

I'm curious, what is your plan while selling all 200,000 shares? I ask as 1 BFL Mini Rig + enough solar panels to run it is around $22k that that doesn't include the land needed for the panels and a roof over the Mini Rig's head. So, how will you be proceeding? Gradual rollout or wait for all 200,000 shares to sell?



Probably not all 200k shares, but at least enough of them to do something with.

Do you have a specific plan or are you rolling it as you go? It helps to lure investors when you have an actual plan with return numbers besides the "if all 200k shares sell now" plan.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 08, 2012, 11:20:25 PM
#80
I look forward to seeing how this progresses. Seeing how you are going to IPO for a little over 3x the sum of the 3 largest mining companies on GLBSE, it'll be interesting to see how the market absorbs this potential investment.

I'm curious, what is your plan while selling all 200,000 shares? I ask as 1 BFL Mini Rig + enough solar panels to run it is around $22k that that doesn't include the land needed for the panels and a roof over the Mini Rig's head. So, how will you be proceeding? Gradual rollout or wait for all 200,000 shares to sell?



Probably not all 200k shares, but at least enough of them to do something with.
hero member
Activity: 697
Merit: 500
May 08, 2012, 11:15:58 PM
#79
I look forward to seeing how this progresses. Seeing how you are going to IPO for a little over 3x the sum of the 3 largest mining companies on GLBSE, it'll be interesting to see how the market absorbs this potential investment.

I'm curious, what is your plan while selling all 200,000 shares? I ask as 1 BFL Mini Rig + enough solar panels to run it is around $22k that that doesn't include the land needed for the panels and a roof over the Mini Rig's head. So, how will you be proceeding? Gradual rollout or wait for all 200,000 shares to sell?

legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 08, 2012, 09:13:53 PM
#78
The IPO has been submitted to GLBSE, but they now have a minimum wait time of 3 days.
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 08, 2012, 09:00:29 PM
#77
My only fear for this company is an IPO.

Your only fear? A lot of things can go wrong with a ~$1m (currently) Bitcoin mining startup, many of them much more catastrophic than an extended IPO.

I was thinking the same as I hit alt + s.
hero member
Activity: 560
Merit: 500
Ad astra.
May 08, 2012, 08:59:16 PM
#76
My only fear for this company is an IPO.

Your only fear? A lot of things can go wrong with a ~$1m (currently) Bitcoin mining startup, many of them much more catastrophic than an extended IPO.
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 08, 2012, 08:57:35 PM
#75
My only fear The largest of my fears for this company is an IPO.
donator
Activity: 490
Merit: 500
May 08, 2012, 08:55:01 PM
#74
Okay, I ended the IPO amount poll 10 hours early.

25k BTC    - 48 (35.8%)
50k BTC    - 23 (17.2%)
100k BTC    - 31 (23.1%)
250k BTC    - 11 (8.2%)
500k BTC    - 4 (3%)
1m BTC    - 17 (12.7%)

Average comes out to 203k. I guess 200k isn't so bad. The ride is going to be much rougher, though.

Diablo Mining Company: the $1m USD Bitcoin Startup.

And the median 50k. Use whichever you wish, but note the difference. Means are not necessarily the most useful average.
This is an important point. Had the options been more linear i would guess your answer would have been closer to this number.
hero member
Activity: 560
Merit: 500
Ad astra.
May 08, 2012, 08:51:02 PM
#73
Okay, I ended the IPO amount poll 10 hours early.

25k BTC    - 48 (35.8%)
50k BTC    - 23 (17.2%)
100k BTC    - 31 (23.1%)
250k BTC    - 11 (8.2%)
500k BTC    - 4 (3%)
1m BTC    - 17 (12.7%)

Average comes out to 203k. I guess 200k isn't so bad. The ride is going to be much rougher, though.

Diablo Mining Company: the $1m USD Bitcoin Startup.

And the median 50k. Use whichever you wish, but note the difference. Means are not necessarily the most useful average.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 08, 2012, 07:32:11 PM
#72
Okay, I ended the IPO amount poll 10 hours early.

25k BTC    - 48 (35.8%)
50k BTC    - 23 (17.2%)
100k BTC    - 31 (23.1%)
250k BTC    - 11 (8.2%)
500k BTC    - 4 (3%)
1m BTC    - 17 (12.7%)

Average comes out to 203k. I guess 200k isn't so bad. The ride is going to be much rougher, though.

Diablo Mining Company: the $1m USD Bitcoin Startup.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 08, 2012, 05:41:10 PM
#71
I've started a channel on Freenode, #dmc
donator
Activity: 490
Merit: 500
May 08, 2012, 05:17:59 PM
#70
I just ran these numbers in another thread, this proves why I need to focus on green energy production:

Using the calculator at http://bitcoinx.com/profit/index.php using $0.103 per KWH

BFL MiniRig is 25200 mhash @ 1250 watts for $15,295, 1.64 mh/$, 20.16 mh/w
BFL single is 832 mhash @ 80 watts for $600, 1.38 mh/$, 10.40 mh/w
Lancelot is 500 mhash @ 25 watts for $500, 1 mh/$, 20 mh/w
BTCFPGA ModMiner is 800 mhash @ 40 watts for $1070, 0.74 mh/$, 20 mh/w
ZTEX 1.15y is 850 mhash @ 38 watts for $1359, 0.62 mh/$, 22.36 mh/w
GPU mining is 2700 mhash @ 1050 watts @ $2600 for mobo, cpu, mem, psu, 4x 7970s, 1.03 mh/$, 2.57 mh/w

BFL MiniRig's peak profit is at 57 months at $22222.48, 145% return
BFL single's peak profit is at 47 months at $490.04, 82% return
Lancelot's peak profit is 57 months at $243.54, 48% return
Modminer's peak profit is at 57 months at $119.61, 11% return
1.15y's peak profit is at 60 months at -$75.37, 5% loss
GPU mining's peak profit is at 24 months at -$917.51, 35% loss

I appreciate seeing the work you have put in here.  Its like no one can seem to hold a candle to BFL.  I love the fact that more fpgas keep popping up and especially quad fpga systems, but still no one that can truly compete on a cost basis.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
May 08, 2012, 12:56:08 AM
#69
What about that ASIC company? I haven't heard much from them lately, but what I have read seemed promising.

If they don't have a product to sell, I can't buy it. I wish them luck, however.
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 07, 2012, 11:34:01 PM
#68
What about that ASIC company? I haven't heard much from them lately, but what I have read seemed promising.
Pages:
Jump to: