1) that's what I thought
2) 0.25 eurocents per kwh, 0.20 if you get lucky.
3) he probably does, but whats more important is that there apply about 200 USD in customs taxes which he'll have to pay too.
to be honest - when I bought my bitforces, I purchased a cheap flight to Florida as well, because it was way cheaper to get them delivered to a US street address and then smuggle them back home.
Topic: not another fpga mining contract on glbse - page 3. (Read 7341 times)
1. 8*830MH/s!=8GH/s
2. What is the price per Kwh there. In future competition will increase and % of power costs will increase even for fpga tehnology to important levels
3. Do you need to pay VAT above the stated price for the singles?
2. What is the price per Kwh there. In future competition will increase and % of power costs will increase even for fpga tehnology to important levels
3. Do you need to pay VAT above the stated price for the singles?
Hello fellow miners,
good news everyone!
We're now listed on GLBSE!
The ticker symbol is B-FCMC, which stands for Bitcoin FPGA-Community-Mining-Cluster.
With the very good help from molecular, we defined the following IPO and contract:
Initial Public Offering:
In this document the basic targets of the IPO will be defined.
The basic principle is to acquire FPGA based mining hardware from the initial issued shares (20,000 shares @ 0.25BTC = 5,000BTC). Our first cluster will consist of ztex USB-FPGA Modules 1.15y ("Quads"), to reduce acquisition costs, we will use a bulk order organized by the user chefnet of bitcointalk.org. The estimated price per miner is 903€.
After all the shares have been sold, there will be no additional shares issued.
contract:
The mining-cluster will consist hardware that is optimized for a low energy-costs and a high efficiency of watt per mhs. All operational costs will be deduced from the mined bitcoins. In order to grow, 40% of the earnings will be stored for further growth. The remaining 60% will be distributed to all shareholders evenly. The 80% of the 40% deduced from all earnings will be used to buy new hardware on availability. The last 20% will then be stored in order to take bargains and provide a buffer if the operational-costs are higher than the earnings.
Each share, will receive a weekly dividend.
Expansion costs are: acquire hardware to maintain the growth and 3rd-party-services necessary to run the operation.
Every purchase of new hardware will be announced on b-fcmc.com and be decided through a motion on GLBSE.
Motions to change to the contract and hardware-purchases require a yes by 51% of the participating shares.
I reserve the right to abort all operations and liquidate all hardware purchased and distribute the earnings to all shareholders at any time.
Happy trading and mining!
For general donations (hardware) to this project: 1CqAJaHWpEUi9QEmHkh3V6znAdwQf6Z6yL
For donations to me: 1LeuycrKQXHUetWbrCWtWDQzCrNajSEuyU
If you have any questions, comments, ideas feel free to share.
regards, talpan
good news everyone!
We're now listed on GLBSE!
The ticker symbol is B-FCMC, which stands for Bitcoin FPGA-Community-Mining-Cluster.
With the very good help from molecular, we defined the following IPO and contract:
Initial Public Offering:
In this document the basic targets of the IPO will be defined.
The basic principle is to acquire FPGA based mining hardware from the initial issued shares (20,000 shares @ 0.25BTC = 5,000BTC). Our first cluster will consist of ztex USB-FPGA Modules 1.15y ("Quads"), to reduce acquisition costs, we will use a bulk order organized by the user chefnet of bitcointalk.org. The estimated price per miner is 903€.
After all the shares have been sold, there will be no additional shares issued.
contract:
The mining-cluster will consist hardware that is optimized for a low energy-costs and a high efficiency of watt per mhs. All operational costs will be deduced from the mined bitcoins. In order to grow, 40% of the earnings will be stored for further growth. The remaining 60% will be distributed to all shareholders evenly. The 80% of the 40% deduced from all earnings will be used to buy new hardware on availability. The last 20% will then be stored in order to take bargains and provide a buffer if the operational-costs are higher than the earnings.
Each share, will receive a weekly dividend.
Expansion costs are: acquire hardware to maintain the growth and 3rd-party-services necessary to run the operation.
Every purchase of new hardware will be announced on b-fcmc.com and be decided through a motion on GLBSE.
Motions to change to the contract and hardware-purchases require a yes by 51% of the participating shares.
I reserve the right to abort all operations and liquidate all hardware purchased and distribute the earnings to all shareholders at any time.
Happy trading and mining!
For general donations (hardware) to this project: 1CqAJaHWpEUi9QEmHkh3V6znAdwQf6Z6yL
For donations to me: 1LeuycrKQXHUetWbrCWtWDQzCrNajSEuyU
If you have any questions, comments, ideas feel free to share.
regards, talpan
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