Topic: [GLBSE] MergedMining BTC/NMC Mining Company - page 10. (Read 43955 times)
I've started converting our NMC to BTC. You can see the amount of NMC that have been converted to BTC in the current holdings at the beginning of this thread. These BTC will be held as our long term savings.
thanks for the message I will get back to you next week, would it be possible to organise a quick skype conference?
It's also worth mentioning that we currently have 369.43073107 NMC.
A dividend of 3 BTC has been paid.
subscribed, I would be interested in investing, could you send me more info???
PM sent.
UPDATE: Prepaid electricity for December.
subscribed, I would be interested in investing, could you send me more info???
The fifth dividend of 1 BTC has been paid.
Happy Thanksgiving!
A 1BTC Thanksgiving Dividend has been paid.
A 1BTC Thanksgiving Dividend has been paid.
yay!
Happy Thanksgiving!
A 1 BTC Thanksgiving Dividend has been paid.
A 1 BTC Thanksgiving Dividend has been paid.
Nice 
hopefully in 2 weeks you can increase the dividends
hopefully in 2 weeks you can increase the dividends
Sounds like a good plan.
The third dividend of 1 BTC has been paid.
I'll be honest... I'm not going to update a spreadsheet daily and I think that is in your best interests. Who is to say the manually entered information isn't manipulated, incorrect, or outright fradulent? I'm all for automated solutions that can't be manually altered and I have been looking into what is possible. I'll be adding more statistics as soon as I can, although electricty usage will be a tough one (maybe a webcam showing the kill-a-watt meter?). I can add hardware costs and will do so if you'd like. The current hash rate, dividends paid, current hardware, and BTC holdings are all shown on the first page of this thread. Current BTC holdings shows the amount of NMC that have been converted to BTC (none have been converted yet) and are being held in "savings." I think having all of the information available on one thread and updated in real time is actually more beneficial than a spreadsheet located on a different site that has to be manually updated. Perhaps eventually we will have our own website with all of this information available in a sexy format. First, we need to generate more profits, which takes time.
It doesn't need to be daily.
The drawback of updating the info in thread is: you dont see the history, which is important.
I'll be honest... I'm not going to update a spreadsheet daily and I think that is in your best interests. Who is to say the manually entered information isn't manipulated, incorrect, or outright fradulent? I'm all for automated solutions that can't be manually altered and I have been looking into what is possible. I'll be adding more statistics as soon as I can, although electricty usage will be a tough one (maybe a webcam showing the kill-a-watt meter?). I can add hardware costs and will do so if you'd like. The current hash rate, dividends paid, current hardware, and BTC holdings are all shown on the first page of this thread. Current BTC holdings shows the amount of NMC that have been converted to BTC (none have been converted yet) and are being held in "savings." I think having all of the information available on one thread and updated in real time is actually more beneficial than a spreadsheet located on a different site that has to be manually updated. Perhaps eventually we will have our own website with all of this information available in a sexy format. First, we need to generate more profits, which takes time.
can we see some caculations of the last dividend of 1 BTC? why 1 BTC?
I decided on a 1BTC weekly dividend for the following reasons:
1) A 1BTC dividend would be easily sustainable with the current operation.
2) A 1BTC dividend leaves room for future dividend increases.
3) The company is still raising funds for future operations/expansion.
4) A 1BTC dividend makes it very simple for investors to gauge their ownership share in the company.
My goal in running this company is to provide a reliable dividend and build value for my investors over the long term. I don't feel paying out 100% of profits is the best way to achieve this goal.
Maybe you can make a publicy viewabe spreadsheet with some info. Doesn't need to be fancy, neither does it necessarily need to be complete (date, current hashrate, BTC holdings, USD holdings, dividend payed, power payed, hardware payed...), one row each day or week or even irregularly
I like the one JLP-BMD does for their mining efforts: https://docs.google.com/spreadsheet/ccc?key=0AsC42HRQbtMHdDdwendjYm1QZHlLbEtQOVZwa1hCbFE&hl=en_US
If you dont like google, maybe use editgrid.com
It's really hard to evaluate stuff when you have to extract the info from a bitcointalk thread.
I for one thoroughly enjoy browsing JLP-BMD's spreadsheet. Daily output of how the operation is going. Not to mention it has all the information you could want
It's definitely a great base for tracking I'd say.
can we see some caculations of the last dividend of 1 BTC? why 1 BTC?
I decided on a 1BTC weekly dividend for the following reasons:
1) A 1BTC dividend would be easily sustainable with the current operation.
2) A 1BTC dividend leaves room for future dividend increases.
3) The company is still raising funds for future operations/expansion.
4) A 1BTC dividend makes it very simple for investors to gauge their ownership share in the company.
My goal in running this company is to provide a reliable dividend and build value for my investors over the long term. I don't feel paying out 100% of profits is the best way to achieve this goal.
Maybe you can make a publicy viewabe spreadsheet with some info. Doesn't need to be fancy, neither does it necessarily need to be complete (date, current hashrate, BTC holdings, USD holdings, dividend payed, power payed, hardware payed...), one row each day or week or even irregularly
I like the one JLP-BMD does for their mining efforts: https://docs.google.com/spreadsheet/ccc?key=0AsC42HRQbtMHdDdwendjYm1QZHlLbEtQOVZwa1hCbFE&hl=en_US
If you dont like google, maybe use editgrid.com
It's really hard to evaluate stuff when you have to extract the info from a bitcointalk thread.
can we see some caculations of the last dividend of 1 BTC? why 1 BTC?
I decided on a 1BTC weekly dividend for the following reasons:
1) A 1BTC dividend would be easily sustainable with the current operation.
2) A 1BTC dividend leaves room for future dividend increases.
3) The company is still raising funds for future operations/expansion.
4) A 1BTC dividend makes it very simple for investors to gauge their ownership share in the company.
My goal in running this company is to provide a reliable dividend and build value for my investors over the long term. I don't feel paying out 100% of profits is the best way to achieve this goal.
can we see some caculations of the last dividend of 1 BTC? why 1 BTC?
11/17/11 UPDATE:
After just under 2 weeks of mining we've mined >14BTC & >275NMC. During this period we had one outage due to a network failure that appeared to be an isolated incident. Things are going well.
After just under 2 weeks of mining we've mined >14BTC & >275NMC. During this period we had one outage due to a network failure that appeared to be an isolated incident. Things are going well.
The second dividend of 1 BTC has been paid.
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