Topic: [GLBSE] LIVE! CANMINE 0.3BTC 1MH/s MINING BOND WITH CLEAR PATH TO ASIC UPGRADE - page 2. (Read 2093 times)
June 20, 2012, 09:54:28 PM
The question for potential investors is pretty clear. Do you think half-dividends (compared to YABMC ATM) for 16-32 weeks is a cost worth ~26x the mining bond's original hashing power once ASICs are in the wild and the block reward halves?
June 20, 2012, 09:33:04 PM
Let's go up!
June 20, 2012, 11:27:44 AM
I'm sure BFL will give top delivery priority to cash orders, not to upgrades on which other operators base their offers.
Thank you for being realistic. This is one of only a small handful of posts I have read from current BFL product owners that actually makes sense from a business prospective, regardless of how unfair it may or may not be to those customers.
thank you for that refreshing outlook on reality.
bitlane.
June 20, 2012, 11:11:39 AM
Constructive criticism highly appreciated!
June 20, 2012, 09:03:59 AM
Hello bitcoiners,
22/06 The bonds are now listed on GLBSE https://glbse.com/asset/view/CANMINE.
I would like to revive my mining bonds offering taking in to account the new ASIC development.
As you may know, I'm betting heavily against the biggest mining bonds on the market. In my COOP ASIC thread I received suggestion that the mining bonds who presently pay dividents are better than the future bonds. So, I offer you the one and only mining bond with ASIC safety net.
15000 bonds will be sold valued at 0.3 BTC each. Each coupon will be worth 1Mh/s.
The payments will be done from my 15Gh/s mining farm. I intend to start doing payments next Monday after IPO.
From the amount I raise, a third of it will stay in an open deposit making 1% weekly. When BFL or other ASIC producer starts taking preorders we will use the money to buy ASIC equipment. At the moment I receive the ASICS and I put them online, the bond will be upgraded with the exact capacity our reserve fund has bought.
I reserve the option to repurchase bonds at 105% of the highest traded price over the last 15 days.
Note: This investment bear risks! Do not buy bonds with money you can't afford to lose.
Now to the good things: Earlier adopters have chance to better returns until the tehnolgoy gets widespread. I'm sure BFL will give top delivery priority to cash orders, not to upgrades on which other operators base their offers.
Suggestions and advice are always welcome!
Now I have references!
- fulfilled mining contract for amazingrando
- my forsale thread: https://bitcointalksearch.org/topic/m.938864
- some other references: https://bitcointalksearch.org/topic/ciucius-guaranteed-weekly-term-deposits-at-15-closed-availability-87780
Thank you.
22/06 The bonds are now listed on GLBSE https://glbse.com/asset/view/CANMINE.
I would like to revive my mining bonds offering taking in to account the new ASIC development.
As you may know, I'm betting heavily against the biggest mining bonds on the market. In my COOP ASIC thread I received suggestion that the mining bonds who presently pay dividents are better than the future bonds. So, I offer you the one and only mining bond with ASIC safety net.
15000 bonds will be sold valued at 0.3 BTC each. Each coupon will be worth 1Mh/s.
The payments will be done from my 15Gh/s mining farm. I intend to start doing payments next Monday after IPO.
From the amount I raise, a third of it will stay in an open deposit making 1% weekly. When BFL or other ASIC producer starts taking preorders we will use the money to buy ASIC equipment. At the moment I receive the ASICS and I put them online, the bond will be upgraded with the exact capacity our reserve fund has bought.
I reserve the option to repurchase bonds at 105% of the highest traded price over the last 15 days.
Note: This investment bear risks! Do not buy bonds with money you can't afford to lose.
Now to the good things: Earlier adopters have chance to better returns until the tehnolgoy gets widespread. I'm sure BFL will give top delivery priority to cash orders, not to upgrades on which other operators base their offers.
Suggestions and advice are always welcome!
Now I have references!
- fulfilled mining contract for amazingrando
- my forsale thread: https://bitcointalksearch.org/topic/m.938864
- some other references: https://bitcointalksearch.org/topic/ciucius-guaranteed-weekly-term-deposits-at-15-closed-availability-87780
Thank you.
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