How will you pay for electricity, if you pay 100% to the shareholders?
The quote below is from the thread FAQ. Basically, the way I'm planning to implement it is like this... Once we have our equipment in place and have exceeded the 20MH/s per share goal, shares still held by the company will begin being placed in a separate account, with dividends used to pay electricity costs and buy more shares on the open market. This should allow NASTY to remain free of operator costs & electricity costs, while also providing an ongoing demand for shares and not dilluting the market. HOW CAN YOU PROVIDE FREE ELECTRICITY?
I intend to purchase more than 20MH/s in mining equipment for each share sold. That surplus in power will provide an ongoing means to pay electricity costs for the operation.
I intend to purchase more than 20MH/s in mining equipment for each share sold. That surplus in power will provide an ongoing means to pay electricity costs for the operation.
Have you considered implementing a growth fund for new equipment purchases to offset rising difficulty and keep a stable dividend ?
I don't see why a portfolio held within the NASTY account couldn't be established if that is something shareholders would like to have. That would put me in the position of a fund manager though, and would expose NASTY shareholders to other operations. It would most definitely require a motion and further discussion.By growth fund I meant keeping a portion of dividends to buy more equipment and growing the company. I didnt mean holding shares which is worse than just holding bitcoins. Besides, you would be better off buying back your own shares than investing in other companies.
