[GLBSE] PureMining: Infinite-term, deterministic mining bond - page 2.

senor_coconut

member

Activity: 69

Merit: 10

a big question mark

Quote from: Abu22 on April 20, 2013, 10:36:26 PM

Hi, so far you've been one of the most helpful, honest and profitiable (dividend wise) bitcoin venture I've put money into... Are you still waiting for a secure colored coin platform or similar before re opening your doors to more investors etc? I ask this because I'm interested in some more shares...But would also like the abimilty to easily liquify the shares as I see fit..So would only be comfortable trading through some stock exchange medium. Bitfunder doesn't float your boat? Anyway, thanks bye.

Bump.

Meni, should you find the time please let me know too, I'd be interested in buying in.
And thanks for your honesty and being an exception around here.
You're not just getting BTC, you're getting karma points from many of us.
All the best
M

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: Abu22 on April 20, 2013, 10:36:26 PM

Hi, so far you've been one of the most helpful, honest and profitiable (dividend wise) bitcoin venture I've put money into... Are you still waiting for a secure colored coin platform or similar before re opening your doors to more investors etc? I ask this because I'm interested in some more shares...But would also like the abimilty to easily liquify the shares as I see fit..So would only be comfortable trading through some stock exchange medium. Bitfunder doesn't float your boat? Anyway, thanks bye.

If I do issue new bonds it will be in the form of colored coins. But with the explosive growth of Bitcoin in general and in Israel in particular, my other businesses consume roughly 200% of my time, so this is unlikely to happen in the near future.

Abu22

member

Activity: 80

Merit: 10

Hi, so far you've been one of the most helpful, honest and profitiable (dividend wise) bitcoin venture I've put money into... Are you still waiting for a secure colored coin platform or similar before re opening your doors to more investors etc? I ask this because I'm interested in some more shares...But would also like the abimilty to easily liquify the shares as I see fit..So would only be comfortable trading through some stock exchange medium. Bitfunder doesn't float your boat? Anyway, thanks bye.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: ThePanCakeKid95 on April 20, 2013, 11:54:57 AM

you mentioned you are upgrading to ASIC may you say through what supplier you are using?

As I explained, I'm using BFL hardware and their upgrade program.

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

you mentioned you are upgrading to ASIC may you say through what supplier you are using?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: viboracecata on April 11, 2013, 11:22:03 PM

What's the payment period of PureMining?

From twice per week, to once per week, and ten days one payment.

What day payments of this time will happen?

Sent a coupon now and will try to restore the weekly schedule.

viboracecata

legendary

Activity: 1316

Merit: 1000

Varanida : Fair & Transparent Digital Ecosystem

What's the payment period of PureMining?

From twice per week, to once per week, and ten days one payment.

What day payments of this time will happen?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: ThePanCakeKid95 on April 07, 2013, 12:33:20 PM

Thats great to hear you are upgrading to ASIC will this cost us something or is this a friendly upgrade Wink

As I clarified now and multiple times earlier, PureMining is a deterministic bond. It is not affected by private events such as an ASIC upgrade.

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

Thats great to hear you are upgrading to ASIC will this cost us something or is this a friendly upgrade Wink

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: ThePanCakeKid95 on April 07, 2013, 11:41:35 AM

Thanks, for some odd reason the website won't load for me Sad

anyway my next question is since the difficulty and network total keep going up, thus making mining less profitable everyday, is there a point where you would consider switching a portion to other alt coins? for example litecoin and ppcoin are making more money with mining power and if that was sold at market price it would make for a profit increase, just an idea

Thanks

PureMining is deterministic so these considerations won't affect the coupon payments.

Anyway, the mining used to hedge this are based on BFL FPGA (hopefully, soon to be upgraded to ASIC) which I don't think is suitable for these alts.

Quote from: dishwara on April 07, 2013, 09:12:05 AM

~~Meni Rosenfeld, no payments for more than a month?~~

yes, payments was given on 10 march, 19 march, 28 march, 4 april.
didn't check address.

Edited

This post is kept up to date with the coupon payments.

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

just wanted to add this website is great for showing mining power in relation to how many coins you can get for each alt coin

http://dustcoin.com/mining

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

Thanks, for some odd reason the website won't load for me Sad

anyway my next question is since the difficulty and network total keep going up, thus making mining less profitable everyday, is there a point where you would consider switching a portion to other alt coins? for example litecoin and ppcoin are making more money with mining power and if that was sold at market price it would make for a profit increase, just an idea

Thanks

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: dishwara on April 07, 2013, 09:12:05 AM

Meni Rosenfeld, no payments for more than a month?

I've had mine. Last 4 were 10th March, 19th March, 27th March and 4th April.

dishwara

legendary

Activity: 1855

Merit: 1016

~~Meni Rosenfeld, no payments for more than a month?~~

yes, payments was given on 10 march, 19 march, 28 march, 4 april.
didn't check address.

Edited

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: ThePanCakeKid95 on April 06, 2013, 07:29:39 PM

Hey guys BitCoinPureMining.com is down what's up?

It works for me, maybe there was a temporary problem with the host.

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

Hey guys BitCoinPureMining.com is down what's up?

Naelr

full member

Activity: 231

Merit: 100

Quote from: Meni Rosenfeld on March 03, 2013, 02:28:19 PM

Quote from: Naelr on March 03, 2013, 01:53:29 PM

I just received a rather large payment for the number of shares I have... did we miss a couple of weeks?

naelr

No, payment has been more or less weekly and I will soon send latest week's payment. I think what you got is the ASICMINER dividend.

Perhaps your right... the same payout because of GLBSE thanks for reminding me of that!

Naelr

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: Naelr on March 03, 2013, 01:53:29 PM

I just received a rather large payment for the number of shares I have... did we miss a couple of weeks?

naelr

No, payment has been more or less weekly and I will soon send latest week's payment. I think what you got is the ASICMINER dividend.

Naelr

full member

Activity: 231

Merit: 100

I just received a rather large payment for the number of shares I have... did we miss a couple of weeks?

naelr

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: viboracecata on January 29, 2013, 03:26:55 AM

No dividends this week?

Since I made a payment in the middle of last week it didn't seem critical to make a payment in the beginning of this one, but at your request I've now sent the payment for blocks 217727-218399.

Topic: [GLBSE] PureMining: Infinite-term, deterministic mining bond - page 2. (Read 39708 times)