Topic: GBLSE assets data spreadsheet - page 2. (Read 4749 times)

Added more assets. I'll try to add market capitalization for all assets tommorow.

If you could give me some way to get the number of days needed to pay back the invested value I could add it and sort it in the list.

No they aren't exactly shares neither bonds. When you join you rent cheap hashing power (7.75 MH/s per BTC), and it starts mining until repays your deposit, plus a bonus. It's similar to a bond but can't be traded. I don't know if it fits in your table but would be nice to compare against other mining ops expecially for the competitive price per MH/s and the very high profitability.

If they sell shares/bonds I might be able to include it somehow although I might need to make a few changes. Also I suppose there is no reason to include it if there is no market to sell and buy your shares/bonds.

After I quick read through the FAQ on the site I think that it doesn't really fit into the list. If I am wrong correct me and I'll see what I can do.



I also added more assets in the spreadsheet.

Is this valid also for Mining Ops that are outside GLBSE? Can http://www.pyramining.com/ be included?

I suppose this a more of a suggestion for GLBSE and not for the spreadsheet, right? Although if you can think of a better way to describe "perpetual mining bond" so that everyone understands what it is, then I'll change it in the spreadsheet.

I think what we need to be doing is referring to the mining bonds a bit differently.

A traditional bond has a fixed coupon payment at regular intervals. Most of the mining assets are variable payouts depending on the results of mining in a certain time frame, so don't fit that definition. Some payout at regular intervals, and I believe some pay out at difficulty changes, although that doesn't matter all that much I suppose.

Because of the variable nature of the coupon payment they are more like Floating Rate Notes where the coupon payment is dependent on mining results rather than LIBOR or whatever.

Maybe we need to be incorporating that term into our lexicon, instead of using the "bond" label as broadly as we have been.

Good work. It's a handy reference for investors.

So let me get this straight. Describe the following as bonds or shares.

1. Someones sells 1MHash at PPS100% per bond/share indefinitelly with the ability to buy back whenever he wants. My guess: Perpetual mining bond.
2. Someone sells 1Mhash per bond/share minus expenses for electricity etc indefinitelly. My guess: share of a mining operation (I would describe it as "mining operation" on the spreadsheet).
3. Somone sells shares to his mining operation without any guarantee about dividents or power per share/bond. My guess: same as the previous one

Am I right on those?

Also what is the differences between bond and shares? As I get it shares NEVER have guarantees on the divident payments. If the company doesn't have profit, divident payments will not happen. On the other hand bond MAY have some guarantees on divident payments and MAY have a guarantee about buyback. For example "You buy this at 1BTC/bond, I'll be paying 0.01BTC per week in dividents and in 12 months I'll buy back the bond at 0.9BTC. Additinaly I reserve the right to buy back the bond at any time at 1.5BTC.". Now about this last one "the right to buy back whenever you want. How does it happen? I mean if there are no ask orders on the market how is the issuer going to buy back?

And one last thing. When you do an IPO, and the people bid on the initial value of the asset, do you have to sell all of the assets issued? For example if I want to issue and sell 100 bonds at 1BTC/each and 50 people bid 1.5BTC/bond while another 50 people bid 0.9BTC/bond, what will happen? I suppose I would still issue an ask order 100@1BTC/each and only 50 people would get bonds from me (BTW at what price? 1BTC or 1.5BTC? Would there be any difference in this process is I was issuing shares and not bonds?

So I'll change GIGAMINING etc into "perpetual mining bonds" and leave that that just share profits from mining as "mining operation".

Hey nice work, but do note that in some cases you are comparing apples and oranges with your metrics. It's always nice to have shortcuts, but things like "days to even out cost of share" are not comparable between a perpetual mining bond, a mining share, and a financial bond with principal payment at maturity.

Also note, BIB.GOAT was a bond, not a mining operation. It was secured by mining assets, but that is irrelevant to the analysis. Also, it has now matured and is worthless, so you should probably remove it from your list.

Changed the name. The column would be nice but I have trouble telling them appart in quite a few cases. For now I've marked some of them in the description column as bonds.

Bonds should be bought back at some point and don't pay dividents? Is that right?

Oh and I added all symbols to the spreadsheet. Will add the ones on IPO if they are not already in.

You should probably change the title to "Assets Table" since not all, or even many, of the items listed are actually shares.

A column indicating whether a particular assets is a bond or share would be neat to.

Nice job

Cool.  I see everything now!  Thanks for this!

Cheers.

Smickles I am was just about to add as I am slowlly adding ALL symbols to the spreadsheet. Coul you tell me what short description I should use for it? Check the descriptions column to see what exactly I mean. (For now I'll leave it without a description)

EDIT: Also do we know how often it is paying out dividents?

Would it be possible to list MPOE ETF on your spreadsheet?
GLBSE asset page
More information

That humble request aside, I like what you have done here and it surely benefits the community

I can't promise I'll do that because of the way the spreadsheet works. I'll see if it's possible (without changing every script behind the sheet) after I finish adding all symbols to the spreadsheet. But it's a nice idea, especially having links to the threads in the forum.

you should make the symbol hyperlink to the glbse asset page. In the link column you should put the link to forum thread if there is one.

Zeta Mining hasn't paid a div yet to the best of my knowledge...

Also - created the following shortened link - http://snipurl.com/glbsedata

If only it would do what we want it to, that would make sense.

... because clicking "notify" at the bottom of the page is too hard to do!

An average wouldn't make sense, rather a cumulative value since start of the bond.

I for example add up all dividends per share per month and compare this to the theoretical value of 100% PPS for 1 month. Quite interesting numbers that come up that way!