Topic: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today - page 10. (Read 19255 times)

Wow looks like all the shares sold out today.

Less than 400 shares remain now!
Congratulations, Grey.
And now, let's open the champagne.

"Day-32 dividend paid.
I did check, our 10x 1000ghs is on the way. It will be arrived today or tomorrow.
And 6 more will be 4/2.   Ants s2 will be 4/1."

Next week will be grand!
And there's less than 5000 shares to be sold.

The problem is that many people have stocks in a lot of companys and there is a lot of SCAM company's/listings on cryptostocks so until kumla has fixed all security issues on the site it's not safe to show your emailadress to the share issuers unless your certain that none of the company's you have stocks in isn't a scammer that may use your emailadress to hack your cryptostocks account.
The fact is that a lot of listings on cryptostocks is scams only setup to steal people bitcoins then it isen't that far fetched that one or more of those scammers, some of them scammers is probably behind 5-10 listings each(as there has been an explosion of very poor listings since November and onwards) on cryptostock would also hack peoples accounts to steal even more bitcoins/litecoins/devcoins.

A simple change kumala can do is let people enter a public bitcoin(, litecoin & devcoin)address and to let them show share issuer that instead of an emailadress or let investors pick one by one what listings they want to show the emailadress for and not like now none or all listings your invested in.

Another simple thing Cryptostocks should do to increase security is to also give you the option to set and lock for example 1-5 bitcoin(, litecoin & devcoin) adresses that is the only adresses you can withdraw to, that would take away the incentive for the hackers to hack accounts if they can't withdraw any funds.

He's not watching the thread on bitcointalk. I am sending him a mail now.

I agree, if cryptostocks ever goes down you can still communicated with your shareholders and continue operations. For that you have to be able to see the shareholders emails and how much shares they have. If you don't have a backup yet I suggest you make one right now.

ANNOUNCEMENT

Ticker    COINFARM - DigitalCoinFarm
Date   26 Mar 18:53 Day-30, dividend paid.
Please set your email account,s 2fa enable.  Some people is reporting their stock account been hacked. The password has been reset by others.

Set your email to be un-visible
Set your email,s 2fa function to enable

The owner of cryptostock said, reset password without enter 2fa code is method to let people who lost their device to access their account. 

So we have to protect our email account.



If we disclose (visible) our e-mail we might have a backup if the site ever goes down and you could still operate in private. If we set invisble it's hard to proof if the shareholder is legit or not.

Our e-mail adres is only visible for CEO's of each project to their shareholders. That means they need to hack your account to see our e-mail adres.

How about X11 mining farm?

I didn't get the specific pool, but he did tell me a couple weeks back he's using an auto-switching pool (ex. multipool.us). It's the most profitable way to go for scrypt, if you're converting to BTC right away.

Just out of interest, Where are we mining Scrypt?

Have we thought about mining at Scryptguild?

https://bitcointalksearch.org/topic/closing-down-scryptguild-auto-switching-pool-457016

It a deriv of BTCGuild and so far seems very reliable, I find i get more BTC for my hash power from there than mining LTC or manualy switching alts and converting them. Plus its a lot less hassle!

Just a thought.

Rgds

Ratters

The info about stales on p2pnetwork and the fact that pool operators is at 0ms may give them a big advantage then so maby the return will be very good on p2pool mining. Maby it will be better to have a higher % of the miners at p2pool than what other numbers would indicate beeing the optimal then.

Ok thanks for explaining how things on p2pools works. So all p2pools works together then, people mining on p2p pool A will get payed when someone on p2pool B finds a block and so on then ?
If that is the case and there return matches there Hashrate they might be a viable option to then.

from digitalcoinfarms message 25/3 on CS
"Currently, we are getting 93-95% profit rate, because pool lag, doa, time expire.....internet laggy"
If it's that bad return mining on cex.io at the moment it might be a good ide trying Eligus or Btc guild out with a few miners already at this stage.

Is it possible to set backup pools in the mining software on the BTC mining hardware you got, a second/third mining pool as fallback options if there is problems on the main pool your mining at ?

Anyway it might be a good ide to spread the miners out on the different big pools when you get 14/20TH, based on last weeks hashrates and the fact that cex.io was working bad for you, maby something like this:
16-22 mars
          %of found                                                             number miners         
             blocks                info                                     14TH    20TH      40TH 
Eligus      14.01%  (4962 TH pay txfee, 0% fee)                4-6       5-7      10-14    merged mining supported http://eligius.st/wiki/index.php/Eligius_mining_pool
cex.io      27.58%  (9773 TH ? if the pay txfee, 0% fee)     3-5       4-6        8-12    merged mining supported   http://ghash.io/
discusfish 12.38% (5129 TH ?%fee)                                 2-3       2-4        4-8    ? if merged mining supported http://www.f2pool.com/
Btcguild   14.86%  (5264 TH pay txfee,3% fee)                  1         2-3        4-6     merged mining supported https://www.btcguild.com/
p2p pool     0.51% (181.5TH. pay txfee,0-0,5%? fee)          1         1-2        2-4     merged mining supported http://p2pool.in/
ozpool        0.60% (211.8TH pay txfee 1% fee)                  0           1         1-2     no merged mining https://ozcoin.net/

And see how things works out after 2-4 weeks of mining.
Merged mining adds about 1.5003% for namecoins, 0,0481% ixcoin, 0,01781% devcoins, so it's around 1.5% extra if a pool has merged mining.

Expected income on avg for miners when the pool finds a block.
Eligus   25.475 ((25.1+0,375)*1)
Cex.io  25.375 ((25+0,375)*1)
discusfish ?
Btcguild 24.711 ((25.1+0,375)*0,97)
p2ppool 25.348 BTC ((25.1+0,375)*0,995)
ozpool   24.849 BTC (25.1*0,99)

and avg time to find a block for the different pools (based on 144 blocks per day, in reallity it's slightly more as long as the network difficulty keeps increasing) and blocks per day would look something like this
                     avg time to
                     find blocks      Blocks per day
Eligus              1h 11m 23s     20.17
cex.io              0h 36m 15s     39.72
discusfish         1h 20m 47s     17.83
Btcguild           1h 07m 18s      21.40
p2p pool           32h 40m 47s    0.73
ozpool              27h 46m 40s    0.86

If you spread out the miners over several pools the variance on BTC generated per day/week/month will be reduced and problems at a single pool will effect you less.

You can find interesting statistic on pools here http://organofcorti.blogspot.com/2014/03/march-23rd-2014-weekly-hashrate.html#!/2014/03/march-23rd-2014-weekly-hashrate.html or here less detailed here http://blockorigin.pfoe.be/top.php

I agree.

Only add shares at a higher price than before.

I agree, or waiting a month would be fine, so we early investors will have had the time to take the most profit from the equipment we bought.

I'm against selling additional shares because they would dilute the ones I've already purchased. The only way I could get behind that idea is if they cost significantly more. So maybe instead of .005 per share, the new ones could cost .01 or .015.

I took a bigger risk by purchasing shares at .005 before this company has most of its equipment. If they sell additional shares at the same price, the new investors will profit at my expense. The shares should be worth more after they have all the equipment running.

Here is a discussion on reddit about using P2Pool :
http://www.reddit.com/r/dogemining/comments/1uncvb/the_benefits_of_mining_using_p2pool_better

Here is a graph of P2Pool luck :
http://p2pool.info/luck/

Here is a thread that compare p2pool vs pools :
https://bitcointalksearch.org/topic/benchmark-p2pool-vs-btcguild-vs-eligius-416933

Thanks for the updates.

I don't want to see new shares issued until all the IPO funds have been spent and the hardware running. New shares get immediate dividends, while existing share holders get diluted dividends until the purchased miners start producing. There's no advantage to current shareholders, unless the new funds can purchase more efficient miners. Maybe 1 month after all hardware is running smoothly, then we could look at issuing new shares and getting new hardware.

As long as the value of the earlier shares is not diluted then its ok I suppose. And yes it should be announced and I think maybe even voted on.

I actually think that selling more shares over time is a good idea. Theoretically, that new money should produce a higher hash rate relative to older money already spent on older equipment. AND if the stock price is high enough, a few more shares would go a long way in terms of maintaining a constant or growing dividend return (provided that the new shares are announced well in advance, explained thoroughly, and don't cause a panic). Thoughts?

Here is a conversation I had with Gray (DigitalCoinFarm).
This will give more information and transparency to the operation.