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

donator
Activity: 588
Merit: 500
Any plans to sell more, or are you going to be keeping it at 5000 shares for awhile?

No plans to release more at the moment.

Thanks for your interest.
sr. member
Activity: 341
Merit: 250
Any plans to sell more, or are you going to be keeping it at 5000 shares for awhile?
donator
Activity: 588
Merit: 500
Dividends paid.

Sold: 169 shares x 0.1= 16.9 BTC
Dividend Payment: 16.9 X.01= 0.169 BTC

Thanks everyone!
donator
Activity: 588
Merit: 500
donator
Activity: 588
Merit: 500
Dividends paid.

Sold: 169 shares x 0.1= 16.9 BTC
Dividend Payment: 16.9 X.01= 0.169 BTC

Thanks everyone!
donator
Activity: 588
Merit: 500
First dividend was paid today.

Enjoy!
donator
Activity: 588
Merit: 500
donator
Activity: 588
Merit: 500
No, the unit will be ordered only after the shares are sold. To alleviate this I pay the dividend, until the unit is delivered.
sr. member
Activity: 462
Merit: 250
This might sound like a stupid question, but has this Mini rig SC been ordered? What date is the order date? Or are you waiting to get coins to purchase? No disrespect intended, just a pertinent piece of information that I would like to know.
donator
Activity: 588
Merit: 500
Now live on GLBSE!
donator
Activity: 588
Merit: 500
I see this as a good partly insured bet for BFL ASIC success.

Scenarios:

BFL Fails : Payout until Reward Halving + Payout after = approx. 12% + (0.5%*weeks until insolvency)

BFL Succeeds : Get 1/37200th of a THz = 26.88 MHz for 0.1 BTC

The value of 26.88 MHz past December is, of course, speculation.

I'd buy some.



Thanks. I submitted the IPO for approval on GLBSE.
member
Activity: 116
Merit: 10
I see this as a good partly insured bet for BFL ASIC success.

Scenarios:

BFL Fails : Payout until Reward Halving + Payout after = approx. 12% + (0.5%*weeks until insolvency)

BFL Succeeds : Get 1/37200th of a THz = 26.88 MHz for 0.1 BTC

The value of 26.88 MHz past December is, of course, speculation.

I'd buy some.

donator
Activity: 588
Merit: 500
Up for interest!
donator
Activity: 588
Merit: 500
Added to the contract: "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."

Thank you.
donator
Activity: 588
Merit: 500
Up for more interest.
donator
Activity: 588
Merit: 500
Up for more interest.
donator
Activity: 588
Merit: 500
If I know...may be some kind of partially insurance Huh I like the idea of 1% weekly dividend. Tbh, I will buy 200-300 shares Grin

I will ask CPA for a quote on insurance.

Thanks.
full member
Activity: 155
Merit: 100
If I know...may be some kind of partially insurance Huh I like the idea of 1% weekly dividend. Tbh, I will buy 200-300 shares Grin
donator
Activity: 588
Merit: 500
What will happen if the Mini rig SC never arrive?

Never thought of this! Let's ask GIGAVPS or Inaba Cheesy
What do you suggest?
full member
Activity: 155
Merit: 100
What will happen if the Mini rig SC never arrive?
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.



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