[GLBSE] MergedMining BTC/NMC Mining Company - page 2.

stochastic

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Quote from: likuidxd on April 15, 2012, 10:34:53 AM

Quote from: ?? on ??

Quote from: OgNasty on April 14, 2012, 01:00:12 PM

Quote from: ?? on ??

Have you verified your GLBSE account yet?

You can check our verification status at any time using the GLBSE. I figured someone with 4 listings on there would know that...

Nope. I only have 3. I guess the better question is why have you not verified yet? You seem to want operations you are not involved in to upload videos and the like:)

I just assumed you had verified and uploaded videos. Why so secret if you want others to not be secret? What do you need to hide? lol.

You must be slow, according to GLBSE's listing he has verified.

It says only an email address has been verified.

likuidxd

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Quote from: ?? on ??

Quote from: OgNasty on April 14, 2012, 01:00:12 PM

Quote from: ?? on ??

Have you verified your GLBSE account yet?

You can check our verification status at any time using the GLBSE. I figured someone with 4 listings on there would know that...

Nope. I only have 3. I guess the better question is why have you not verified yet? You seem to want operations you are not involved in to upload videos and the like:)

I just assumed you had verified and uploaded videos. Why so secret if you want others to not be secret? What do you need to hide? lol.

You must be slow, according to GLBSE's listing he has verified.

rjk

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1ngldh

Quote from: OgNasty on April 14, 2012, 12:51:10 PM

No more babes, just monkeys now?

OgNasty

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Quote from: ?? on ??

Have you verified your GLBSE account yet?

You can check our verification status at any time using the GLBSE. I figured someone with 4 listings on there would know that...

OgNasty

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A dividend of 6.329 BTC has been paid.

Eveofwar

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Quote from: OgNasty on April 07, 2012, 03:43:43 AM

A dividend of 6.202 BTC has been paid.

They have the white guy take the photo...scandalous.

OgNasty

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A dividend of 6.202 BTC has been paid.

OgNasty

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Quote from: Nefario on April 01, 2012, 11:07:08 PM

GLBSE has been updated to allow account recovery/password reset via email.

Please make sure you're GLBSE accounts have good passwords and your email accounts are secure. If your email is compromised then so will your GLBSE account.

Nefario.

Thank you for the heads up Nefario. I created an alias email account for use with my GLBSE account that is used nowhere else on the net and have substantially increased the strength of the password due to your warning.

Nefario

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GLBSE Support [email protected]

GLBSE has been updated to allow account recovery/password reset via email.

Please make sure you're GLBSE accounts have good passwords and your email accounts are secure. If your email is compromised then so will your GLBSE account.

Nefario.

OgNasty

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Quote from: stochastic on April 01, 2012, 11:26:47 AM

Then how do you calculate expenses and know that the company is profitable?

I update the amounts in the OP each time BTC/NMC is sold or an expense is paid. I know the company is profitable because I did the math.

Quote from: stochastic on April 01, 2012, 11:26:47 AM

How about a motion to keep books on the company?

As I have stated several times on this thread, I am not interested in being a bookkeeper. Small investors + public books = a pain in the ass. I prefer the "set it and forget it" approach, which is why I stay away from the manually updated info as much as possible. If Nefario implemented a way for me to display our current BTC balance and dividend payments on this forum, I wouldn't even be updating the OP. I think for a guy (or girl?) that runs this company FOR FREE, I am doing an ok job.

I also suggest you take any manually updated information on any of the available GLBSE investments with a grain of salt.

stochastic

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Quote from: OgNasty on April 01, 2012, 11:23:19 AM

Quote from: stochastic on April 01, 2012, 11:13:15 AM

I assume you already keep books on the expenses of MergedMining.

That would be an incorrect assumption.

Then how do you calculate expenses and know that the company is profitable?

Quote

1) All utility/equipment costs and BTC/NMC fees associated with the mining and sale of NMC & BTC produced by the mining operation will be paid before dividends

How about a motion to keep books on the company?

OgNasty

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Quote from: stochastic on April 01, 2012, 11:13:15 AM

I assume you already keep books on the expenses of MergedMining.

That would be an incorrect assumption.

stochastic

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Quote from: OgNasty on April 01, 2012, 10:57:49 AM

Quote from: stochastic on April 01, 2012, 10:46:55 AM

Quote from: OgNasty on April 01, 2012, 10:44:06 AM

Quote from: stochastic on March 31, 2012, 07:37:53 PM

Could you post the gross income generated by the mining operation as well as the expenses before dividends were paid out? Thanks in advance.

No. More automated metrics will be coming soon along with some other great advances as I implement the MergedMining 2.0 plan.

Will the gross income and expenses will be part of the automated metrics?

I'm still having a lot of work done on the script I will be using, so it is difficult to say what will be possible at this point. Expenses (electricity) will be difficult to display, although if investors were dead set on having this information, a webcam and image recognition script could be implemented. That goes beyond my abilities and would cost some money though. Not really worth the expense for such a small operation in my opinion.

The image recognition and a webcam would be overboard. I assume you already keep books on the expenses of MergedMining. Also, since you have a Kill A Watt Electricity Meter that keeps track of the amount of electricity the mining rigs are using and you posted the electricity rate, it would be possible to see the electricity expense.

OgNasty

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Quote from: stochastic on April 01, 2012, 10:46:55 AM

Quote from: OgNasty on April 01, 2012, 10:44:06 AM

Quote from: stochastic on March 31, 2012, 07:37:53 PM

Could you post the gross income generated by the mining operation as well as the expenses before dividends were paid out? Thanks in advance.

No. More automated metrics will be coming soon along with some other great advances as I implement the MergedMining 2.0 plan.

Will the gross income and expenses will be part of the automated metrics?

I'm still having a lot of work done on the script I will be using, so it is difficult to say what will be possible at this point. Expenses (electricity) will be difficult to display, although if investors were dead set on having this information, a webcam and image recognition script could be implemented. That goes beyond my abilities and would cost some money though. Not really worth the expense for such a small operation in my opinion.

stochastic

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