Pages:
Author

Topic: [GLBSE] CIUCIU.MINING 0.1 BTC/ 26.88 MH/s shares with 1% dividend - page 2. (Read 2304 times)

donator
Activity: 588
Merit: 500
The shares are now available on GLBSE https://glbse.com/asset/view/CIUCIU.MINING

"Each share will give his owner 1/37200 of the bitcoin production of a BitForce Mini Rig ‘SC’  by Butterly Labs.

The share price is set at 0.1 BTC. 7200 shares will be kept by the operator as operating costs.

Each share will receive 1% weekly dividend paid by the operator until the unit arrives. When the ASIC unit starts mining, the interest paid in advance be the operator will be deducted from the weekly profits. If the mining equipment is not delivered by then, the dividend paid will be reduced to 0.5% at the moment the bitcoin reward is halved.

Should mining become unprofitable or other circumstances cause the operator to be unable or unwilling to perform his duties, sale of all hardware and equal distribution of funds will commence according to the number of shares held by each individual."

FAQ:

Q: When will the first dividend payment be made?
A: All weekly dividend payments happen on Wednesday. The first payment will be on August 15th.



Pages:
Jump to: