[GLBSE] PureMining: Infinite-term, deterministic mining bond - page 3.

viboracecata

legendary

Activity: 1316

Merit: 1000

Varanida : Fair & Transparent Digital Ecosystem

No dividends this week?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

SNS

sr. member

Activity: 516

Merit: 252

Quote from: ThePanCakeKid95 on January 21, 2013, 07:34:03 PM

may i ask what is bitcoin cc?

colored coin

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: ThePanCakeKid95 on January 21, 2013, 07:34:03 PM

may i ask what is bitcoin cc?

Coloured coins?

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

may i ask what is bitcoin cc?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: organofcorti on January 20, 2013, 10:28:57 AM

Looks like ASICs will finally be with us: https://bitcointalksearch.org/topic/announcement-avalon-asic-batch-1-ships-137534

Does this mean any change of plan for the bond? (eg forced buy back)

EDIT: I ask because at some point soon the time you spend on the bonds will be worth more than the bonds themselves.

Eventually yes. I'll wait until it is clear that the future output will be insignificant. I'll also try to offer a new series based on CC before discontinuing this one.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Looks like ASICs will finally be with us: https://bitcointalksearch.org/topic/announcement-avalon-asic-batch-1-ships-137534

Does this mean any change of plan for the bond? (eg forced buy back)

EDIT: I ask because at some point soon the time you spend on the bonds will be worth more than the bonds themselves.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

I tried to do a summary of the coupon payments so far and I found some inconsistencies. It's possible that some coupons were missed.

I need to go over it all again and I prefer to do it when I'm not rushed. I hope to have more time on Tuesday and then I'll pay anything that's missing and also the coupons accrued in the past week.

lenny_

legendary

Activity: 1036

Merit: 1000

DARKNETMARKETS.COM

Quote from: Meni Rosenfeld on January 08, 2013, 10:06:48 AM

Quote from: lenny_ on January 08, 2013, 10:01:58 AM

Hello Meni, when you going to send rest of old dividends?

I thought I did, all coupons marked as "full" on http://bitcoinpuremining.com/ have been paid out to 15,566 bonds. Check the outgoing transactions from 1JPFCUtH2gcADar9xi3A9vStTr9Ba5XKvy.

Sorry, my fault, I see it now. Trying to put everything together with my shares.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: lenny_ on January 08, 2013, 10:01:58 AM

Hello Meni, when you going to send rest of old dividends?

I thought I did, all coupons marked as "full" on http://bitcoinpuremining.com/ have been paid out to 15,566 bonds. Check the outgoing transactions from 1JPFCUtH2gcADar9xi3A9vStTr9Ba5XKvy.

Edit: In your case, the original direct claim address you used was superseded by the official address from GLBSE, to which some of the payments were sent before you requested a change of address.

lenny_

legendary

Activity: 1036

Merit: 1000

DARKNETMARKETS.COM

Hello Meni, when you going to send rest of old dividends?

Naelr

full member

Activity: 231

Merit: 100

Confirmed ... it did smooth itself out! Thanks for the quick reply... Happy New year!

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: Naelr on December 31, 2012, 01:14:31 PM

Quote from: Meni Rosenfeld on December 30, 2012, 02:08:52 PM

As planned, the bondholder list has now been finalized.

A test payment has been sent to new bondholders (d9dc20e0ead0aa68cf6fcf3497fe278adc2566aea3140d85b93ce475ece41794), which includes 186 unclaimed bonds which have been donated evenly between The Bitcoin Foundation, Bitcoin100 and SIAI (62 bonds each).

This was followed by a back payment of 0.0198961645 BTC per bond for blocks 201935 to 211343 (60f081b5bf75550bc3a9fce20b6daffa80975504dc96d14b24de3306eb8966d8).

Then a full list of 15566 bonds have been assembled. It was sent a test payment (94b1539b909b1af3c8b22e9c3293d45099e821b2ee47fa83b95c904cd3212e49). The number of satoshis paid to each address is equal to the number of bonds credited to it, so this is a good opportunity for all bondholders to make sure there isn't any problem.

Then I sent coupon payments for recent blocks:

211679 - 212687: 0.0016092739 BTC per bond - 237bed462683b6b49a7d59b9010bc92e3285a3a8373fced4e16d74e282ed2491

213023 - 213359: 0.0007286389 BC per bond - 3a8f68d0993288213d566bd23ae1a36f420763186b4e172065aa2bbc6a135e90

Coupon payments should be more regular from now on. Also, since the list won't change much, there should be no need for more of the annoying test payments.

Meni ,

OK in my wallet I have received the payment from 237bed462683b6b49a7d59b9010bc92e3285a3a8373fced4e16d74e282ed2491 however it still says 0 of 6 confirmations. I looked on the link and my wallet address is in there marked and happy why would my wallet say 0 confirmations? Also the 0.000003 test payment you sent is in there but again 0 confirmations I have transactions after that one that have been confirmed. Any ideas?

Naelr

It's not just you, these transactions are indeed unconfirmed. It happens that txs take a while to make it into a block, and the fact that these txs are large and low-priority doesn't help.

It should be resolved within a few days, if not I will contact blockchain.info support (it was sent from a My Wallet).

Update: Seems to be ok now.

Naelr

full member

Activity: 231

Merit: 100

Quote from: Meni Rosenfeld on December 30, 2012, 02:08:52 PM

As planned, the bondholder list has now been finalized.

A test payment has been sent to new bondholders (d9dc20e0ead0aa68cf6fcf3497fe278adc2566aea3140d85b93ce475ece41794), which includes 186 unclaimed bonds which have been donated evenly between The Bitcoin Foundation, Bitcoin100 and SIAI (62 bonds each).

This was followed by a back payment of 0.0198961645 BTC per bond for blocks 201935 to 211343 (60f081b5bf75550bc3a9fce20b6daffa80975504dc96d14b24de3306eb8966d8).

Then a full list of 15566 bonds have been assembled. It was sent a test payment (94b1539b909b1af3c8b22e9c3293d45099e821b2ee47fa83b95c904cd3212e49). The number of satoshis paid to each address is equal to the number of bonds credited to it, so this is a good opportunity for all bondholders to make sure there isn't any problem.

Then I sent coupon payments for recent blocks:

211679 - 212687: 0.0016092739 BTC per bond - 237bed462683b6b49a7d59b9010bc92e3285a3a8373fced4e16d74e282ed2491

213023 - 213359: 0.0007286389 BC per bond - 3a8f68d0993288213d566bd23ae1a36f420763186b4e172065aa2bbc6a135e90

Coupon payments should be more regular from now on. Also, since the list won't change much, there should be no need for more of the annoying test payments.

Meni ,

OK in my wallet I have received the payment from 237bed462683b6b49a7d59b9010bc92e3285a3a8373fced4e16d74e282ed2491 however it still says 0 of 6 confirmations. I looked on the link and my wallet address is in there marked and happy why would my wallet say 0 confirmations? Also the 0.000003 test payment you sent is in there but again 0 confirmations I have transactions after that one that have been confirmed. Any ideas?

Naelr

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

As planned, the bondholder list has now been finalized.

A test payment has been sent to new bondholders (d9dc20e0ead0aa68cf6fcf3497fe278adc2566aea3140d85b93ce475ece41794), which includes 186 unclaimed bonds which have been donated evenly between The Bitcoin Foundation, Bitcoin100 and SIAI (62 bonds each).

This was followed by a back payment of 0.0198961645 BTC per bond for blocks 201935 to 211343 (60f081b5bf75550bc3a9fce20b6daffa80975504dc96d14b24de3306eb8966d8).

Then a full list of 15566 bonds have been assembled. It was sent a test payment (94b1539b909b1af3c8b22e9c3293d45099e821b2ee47fa83b95c904cd3212e49). The number of satoshis paid to each address is equal to the number of bonds credited to it, so this is a good opportunity for all bondholders to make sure there isn't any problem.

Then I sent coupon payments for recent blocks:

211679 - 212687: 0.0016092739 BTC per bond - 237bed462683b6b49a7d59b9010bc92e3285a3a8373fced4e16d74e282ed2491

213023 - 213359: 0.0007286389 BC per bond - 3a8f68d0993288213d566bd23ae1a36f420763186b4e172065aa2bbc6a135e90

Coupon payments should be more regular from now on. Also, since the list won't change much, there should be no need for more of the annoying test payments.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

The number of unclaimed bonds is down to 186.

Some bondholders haven't responded with a payment address despite two email messages sent starting a week ago. I will wait until the beginning of next week before I split these bonds between SIAI, Bitcoin100 and the Bitcoin foundation, and proceed with regular coupon payments.

Since these bondholders have filed a claim with neither me nor GLBSE in almost 3 months, there is no other data about them other than the email addresses I received, and it is unlikely they will respond after not having done so for a week and a half, I think that's the most reasonable option.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

I have some good news; I have received from Nefario a full list of PureMining bondholders. All bonds are accounted for, however, apparently some users did not file a claim and are thus identified only by an email address and no Bitcoin address.

Over the next week I will try to contact these people to obtain a payment address, check the list for consistency, integrate it into my current records and move forward with the payment plan.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: lenny_ on December 17, 2012, 07:00:15 AM

Quote from: Meni Rosenfeld on December 17, 2012, 04:42:16 AM

I don't plan to issue new bonds in the immediate future. And I didn't say I would support transfers. (If there is though a transfer request I'll consider it.)

But you support change BTC dividend address. When shareholder changes his address you don't need to worry who owns new address.

I support it for people who want a receiving address other than their generic GLBSE claim address. Using this to turn me into a manual exchange server is an abuse of my goodwill, unless otherwise specified.

lenny_

legendary

Activity: 1036

Merit: 1000

DARKNETMARKETS.COM

Quote from: Meni Rosenfeld on December 17, 2012, 04:42:16 AM

I don't plan to issue new bonds in the immediate future. And I didn't say I would support transfers. (If there is though a transfer request I'll consider it.)

But you support change BTC dividend address. When shareholder changes his address you don't need to worry who owns new address.

ripper234

legendary

Activity: 1358

Merit: 1003

Ron Gross

Quote from: Meni Rosenfeld on December 17, 2012, 04:42:16 AM

... going forward with what I publicly and quite unambiguously committed to do really is the least I could do.

Some people unfortunately don't share your view.

Topic: [GLBSE] PureMining: Infinite-term, deterministic mining bond - page 3. (Read 39708 times)