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Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 51. (Read 470140 times)

member
Activity: 67
Merit: 10
September 01, 2013, 06:40:29 AM
The small dividend comes roughly every 6 hours today, does that mean that the new boards are online?
hero member
Activity: 631
Merit: 500
September 01, 2013, 04:22:50 AM
I wonder why you think so. The difference is only where you invest the returns. You could invest it in 100TH again and get 50% or invest in a private pool and get 100%. Or do i miss a point?

The big payoff is not from mining, but from share price.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Semi-true. I would prob argue that it is just as profitable, if not more to just use partial withholding and bank from 100TH to expand and keep the operation alive vs. leaving it to slowly die with lower and lower dividends just to set up a parallel new operation.

I wonder why you think so. The difference is only where you invest the returns. You could invest it in 100TH again and get 50% or invest in a private pool and get 100%. Or do i miss a point?

@RHA... unfortunately its a believe only. I mean if such things are possible the value in publishing this plans would gain more than keeping it open and not even mentioning it. Thats why i tend to believe that its not planned. And that they dont address it now when so much is spoken about is another point. As long as this isnt addressed i take it as a hint that its not planned and i wont buy in.
By saying that... the founder wont bother if i invest or not now anymore. Thats why i said that info would be have been helpful at IPO. At least i would have brought it up to ensure the IPO is successful.
full member
Activity: 224
Merit: 100
I was looking back through the thread for some information and came across this:


Will the capacity be expanded?
This is not planed. This would complicate the deal. There is still sufficient variability of profitability due to the unpredictable network hash rate and btc price. It is possible that the mine generates revenues that are higher that the presented optimistic scenario.

So unless their thinking has changed, it seems they do not intend to enter into a reinvestment / expansion arrangement.

I wouldn't make any assumptions. The founders own a SIGNIFICANT amount of shares and are obviously invested in the success of the Project as share holders. I doubt either of them will make any decisions that are not fundamentally sound.

their fundamentally sound decision would to start another enterprise using the coins they generate from 100th mine (now 200th?) without including other shareholders of 100th. they have no need to compensate others since it was never stated in their initial plan and they never even hinted at it. yes they can do it. but why would they? they can completely self mine (like bitfury is doing now) and just retain all dividends to themselves. as long as they do what they promised in the 100th they are doing things correctly. i'm sure people would love reinvestment at cost but what do they have to gain from doing that.

I don't think you "get it". The main shareholders in 100TH are still the founders. It's not about "compensating" shareholders, but rather creating profit for shareholders, what to a very large extent means the founders profiting.

Yes, but he means the reason for not reinvesting is that the 100TH mine is deployed and then slowly will die. Then the earnings they founders got are used to build their own miners besides 100TH because they now have the asic design and enough money for it. This way they get 100% profit instead less.

Semi-true. I would prob argue that it is just as profitable, if not more to just use partial withholding and bank from 100TH to expand and keep the operation alive vs. leaving it to slowly die with lower and lower dividends just to set up a parallel new operation.

hero member
Activity: 756
Merit: 522
Hi all, I'm expect units to begin arriving today.  The factory will ship more on a daily basis until they've finished our initial order.  We have more orders following that.  All board evaluation coin will be sent to the 200TH mine address.  I expect that after next week, we will have finished shipping and the boards will begin to accumulate in the datacenter.

Look for your divs to begin rising today!

All the best,
Dave

Herp.

The imaginary units that have arrived and nobody's seen two days later are the reason your "dividends" are increasing. Definitely not ponzi, because Broken Reputation Guy on a lolforum says so.

This thread is about as good as Tortilla's Sauna Adventures, fo' sho'.

What is the mine address and / or a site so we can see the hashing at the time. Yes, I understand that it will fluctuate, but would like to see us hashing.

Phil

They can't do that for the obvious reason. If you push it enough maybe the plan could be adjusted to include buying some hashing GPUMax style, but as it is it's not something this particularly sloppy troop of scammers thought of, so....
RHA
sr. member
Activity: 392
Merit: 250
Quoting the same again and again? Cut it, please.

Tytus is now engaged with the 100TH, but it was just planned to stimulate picostocks.com, which should be in future a platform for "kickstarting" different scientific projects.
When the 100TH runs at full speed, he will have time for decisions. If reinvesting can help to stimulate (I think it can), he may go this way.
(My opinion is based on the businessplans and what Tytus wrote.)
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I was looking back through the thread for some information and came across this:


Will the capacity be expanded?
This is not planed. This would complicate the deal. There is still sufficient variability of profitability due to the unpredictable network hash rate and btc price. It is possible that the mine generates revenues that are higher that the presented optimistic scenario.

So unless their thinking has changed, it seems they do not intend to enter into a reinvestment / expansion arrangement.

I wouldn't make any assumptions. The founders own a SIGNIFICANT amount of shares and are obviously invested in the success of the Project as share holders. I doubt either of them will make any decisions that are not fundamentally sound.

their fundamentally sound decision would to start another enterprise using the coins they generate from 100th mine (now 200th?) without including other shareholders of 100th. they have no need to compensate others since it was never stated in their initial plan and they never even hinted at it. yes they can do it. but why would they? they can completely self mine (like bitfury is doing now) and just retain all dividends to themselves. as long as they do what they promised in the 100th they are doing things correctly. i'm sure people would love reinvestment at cost but what do they have to gain from doing that.

I don't think you "get it". The main shareholders in 100TH are still the founders. It's not about "compensating" shareholders, but rather creating profit for shareholders, what to a very large extent means the founders profiting.

Yes, but he means the reason for not reinvesting is that the 100TH mine is deployed and then slowly will die. Then the earnings they founders got are used to build their own miners besides 100TH because they now have the asic design and enough money for it. This way they get 100% profit instead less.
full member
Activity: 224
Merit: 100
I was looking back through the thread for some information and came across this:


Will the capacity be expanded?
This is not planed. This would complicate the deal. There is still sufficient variability of profitability due to the unpredictable network hash rate and btc price. It is possible that the mine generates revenues that are higher that the presented optimistic scenario.

So unless their thinking has changed, it seems they do not intend to enter into a reinvestment / expansion arrangement.

I wouldn't make any assumptions. The founders own a SIGNIFICANT amount of shares and are obviously invested in the success of the Project as share holders. I doubt either of them will make any decisions that are not fundamentally sound.

their fundamentally sound decision would to start another enterprise using the coins they generate from 100th mine (now 200th?) without including other shareholders of 100th. they have no need to compensate others since it was never stated in their initial plan and they never even hinted at it. yes they can do it. but why would they? they can completely self mine (like bitfury is doing now) and just retain all dividends to themselves. as long as they do what they promised in the 100th they are doing things correctly. i'm sure people would love reinvestment at cost but what do they have to gain from doing that.

I don't think you "get it". The main shareholders in 100TH are still the founders. It's not about "compensating" shareholders, but rather creating profit for shareholders, what to a very large extent means the founders profiting.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Hi all, I'm expect units to begin arriving today.  The factory will ship more on a daily basis until they've finished our initial order.  We have more orders following that.  All board evaluation coin will be sent to the 200TH mine address.  I expect that after next week, we will have finished shipping and the boards will begin to accumulate in the datacenter.

Look for your divs to begin rising today!

All the best,
Dave

Do you have any thoughts on the idea of reinvestment-plan for continuous hash-rate increase after full roll-out? Is this something that the founders would consider?

I get the feeling this question will be ignored, as it has been for some time now. I am sure it will be answered eventually, when feasible.  We all know what will happen to the share price if the answer is, No.

I think thats why there wont be an answer to this. I didnt invest because of it. It would be too strange when they start to state only now that they want to reinvest.

I'm optimistic and hope 100TH is waiting to see how things go before announcing the additional shareholder compensation in the form of a 10-20 TH reinvestment fund.
hero member
Activity: 602
Merit: 500
I was looking back through the thread for some information and came across this:


Will the capacity be expanded?
This is not planed. This would complicate the deal. There is still sufficient variability of profitability due to the unpredictable network hash rate and btc price. It is possible that the mine generates revenues that are higher that the presented optimistic scenario.

So unless their thinking has changed, it seems they do not intend to enter into a reinvestment / expansion arrangement.

I wouldn't make any assumptions. The founders own a SIGNIFICANT amount of shares and are obviously invested in the success of the Project as share holders. I doubt either of them will make any decisions that are not fundamentally sound.

their fundamentally sound decision would to start another enterprise using the coins they generate from 100th mine (now 200th?) without including other shareholders of 100th. they have no need to compensate others since it was never stated in their initial plan and they never even hinted at it. yes they can do it. but why would they? they can completely self mine (like bitfury is doing now) and just retain all dividends to themselves. as long as they do what they promised in the 100th they are doing things correctly. i'm sure people would love reinvestment at cost but what do they have to gain from doing that.
full member
Activity: 224
Merit: 100
I was looking back through the thread for some information and came across this:


Will the capacity be expanded?
This is not planed. This would complicate the deal. There is still sufficient variability of profitability due to the unpredictable network hash rate and btc price. It is possible that the mine generates revenues that are higher that the presented optimistic scenario.

So unless their thinking has changed, it seems they do not intend to enter into a reinvestment / expansion arrangement.

I wouldn't make any assumptions. The founders own a SIGNIFICANT amount of shares and are obviously invested in the success of the Project as share holders. I doubt either of them will make any decisions that are not fundamentally sound.
sr. member
Activity: 420
Merit: 250
I was looking back through the thread for some information and came across this:


Will the capacity be expanded?
This is not planed. This would complicate the deal. There is still sufficient variability of profitability due to the unpredictable network hash rate and btc price. It is possible that the mine generates revenues that are higher that the presented optimistic scenario.

So unless their thinking has changed, it seems they do not intend to enter into a reinvestment / expansion arrangement.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Hi all, I'm expect units to begin arriving today.  The factory will ship more on a daily basis until they've finished our initial order.  We have more orders following that.  All board evaluation coin will be sent to the 200TH mine address.  I expect that after next week, we will have finished shipping and the boards will begin to accumulate in the datacenter.

Look for your divs to begin rising today!

All the best,
Dave

Do you have any thoughts on the idea of reinvestment-plan for continuous hash-rate increase after full roll-out? Is this something that the founders would consider?

I get the feeling this question will be ignored, as it has been for some time now. I am sure it will be answered eventually, when feasible.  We all know what will happen to the share price if the answer is, No.

I think thats why there wont be an answer to this. I didnt invest because of it. It would be too strange when they start to state only now that they want to reinvest.
legendary
Activity: 1123
Merit: 1000
SaluS - (SLS)
Hi all, I'm expect units to begin arriving today.  The factory will ship more on a daily basis until they've finished our initial order.  We have more orders following that.  All board evaluation coin will be sent to the 200TH mine address.  I expect that after next week, we will have finished shipping and the boards will begin to accumulate in the datacenter.

Look for your divs to begin rising today!

All the best,
Dave

Do you have any thoughts on the idea of reinvestment-plan for continuous hash-rate increase after full roll-out? Is this something that the founders would consider?

I get the feeling this question will be ignored, as it has been for some time now. I am sure it will be answered eventually, when feasible.  We all know what will happen to the share price if the answer is, No.
full member
Activity: 224
Merit: 100
Hi all, I'm expect units to begin arriving today.  The factory will ship more on a daily basis until they've finished our initial order.  We have more orders following that.  All board evaluation coin will be sent to the 200TH mine address.  I expect that after next week, we will have finished shipping and the boards will begin to accumulate in the datacenter.

Look for your divs to begin rising today!

All the best,
Dave

Do you have any thoughts on the idea of reinvestment-plan for continuous hash-rate increase after full roll-out? Is this something that the founders would consider?
hero member
Activity: 866
Merit: 1001
What is the mine address and / or a site so we can see the hashing at the time. Yes, I understand that it will fluctuate, but would like to see us hashing.

Phil
vip
Activity: 472
Merit: 250
Hi all, I'm expect units to begin arriving today.  The factory will ship more on a daily basis until they've finished our initial order.  We have more orders following that.  All board evaluation coin will be sent to the 200TH mine address.  I expect that after next week, we will have finished shipping and the boards will begin to accumulate in the datacenter.

Look for your divs to begin rising today!

All the best,
Dave
legendary
Activity: 1029
Merit: 1000
dividends seem to be coming in a little faster than normal...luck or more hashing power?
Rather luck.
https://bitcointalksearch.org/topic/m.3033194
hero member
Activity: 631
Merit: 500
dividends seem to be coming in a little faster than normal...luck or more hashing power?
sr. member
Activity: 420
Merit: 250

Very nice.  What's the ETA on these arriving at 200TH and coming online?
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