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Topic: New GLBSE.com for FPGA mining investment - FPGAMINING - page 8. (Read 11676 times)

newbie
Activity: 25
Merit: 0
worrying thing is you only have 14 posts on this forum / lack of verification on GLBSE
sr. member
Activity: 252
Merit: 250
Prices are variyng wildly, probably because divs sure are good, but lack of communication sure worries...
legendary
Activity: 4466
Merit: 3391
The FPGA cluster is still expanding and i will be releasing shares for sale once a stable dividend rate can be obtained. Your investment is not in a  particular amt of MH/s, but is in the returns generated weekly by this growing mining operation. The operation is currently all FPGA and will grow and evolve as economics warrant. Up to 30% of the generated returns will be used to continually grow the operation to prevent it from stagnating as time goes on.

I like this, but the operation is stagnating. If you have set aside 30% of mining returns, you must have added another single by now, yet I don't see dividends rising. What are  your plans? Can you please show the numbers?
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Your investment is not in a  particular amt of MH/s, but is in the returns generated weekly by this growing mining operation. ... Up to 30% of the generated returns will be used to continually grow the operation to prevent it from stagnating as time goes on.

OK. How do you calculate the dividend per share then?
Any chance that you could dilute (i.e. proportionally sell more shares than your hardware expansion)?
Some pics of your hardware with your handwritten name on it would be nice.
newbie
Activity: 14
Merit: 0
We are in a time currently stuck between two dimensions of technological and economical shift.
sr. member
Activity: 252
Merit: 250
Is there a scheduled buyback already?  Huh
Quote
Date/time of buyback: 00:34, Tue Jul 09
(not in the contract, but below "mail issuer")

I can't even figure out what that date means.

Also: "reserves the right to upgrade to ASIC" means you haven't planned the transaction yet?
(maybe this is the reason the price is so low relative to dividend?)
newbie
Activity: 24
Merit: 0
I am now finally verified in the bond listing.

The FPGA cluster is still expanding and i will be releasing shares for sale once a stable dividend rate can be obtained. Your investment is not in a  particular amt of MH/s, but is in the returns generated weekly by this growing mining operation. The operation is currently all FPGA and will grow and evolve as economics warrant. Up to 30% of the generated returns will be used to continually grow the operation to prevent it from stagnating as time goes on.

I believe this will be more valuable than a specific hash rate that becomes less valuable as difficulty rises.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I would be more encouraged to invest if:
1. you get verified on the GLBSE
2. You tell us something about your hardware assets and a measure of MHs per bond.
Thanks
newbie
Activity: 24
Merit: 0
Long time BTC user so I have decided to finally mine my own. My FPGA only cluster can be found listed on GLBSE as ticker FPGAMINING. Currently pay dividends greater than most other mining setups.

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