Better than nothing I suppose... 
Topic: SkepsiDyne Integrated Node - The Bitcoin Mining Company - page 28. (Read 104236 times)
Wooo, 4 bitcents! Better than nothing I suppose...
Better than nothing I suppose... 
I think I only have 2 shares, but how can I confirm that I received the dividends? I don't remember any strange payments to any of my addresses. Does the dividend go to my account on the stock exchange?
Dividends go to your GLBSE balance. Use the GLBSE client to check your balance and/or transfer it back to your Bitcoin wallet.Each dividend payout has been just over 2 bitcents per share.
I think I only have 2 shares, but how can I confirm that I received the dividends? I don't remember any strange payments to any of my addresses. Does the dividend go to my account on the stock exchange?
It goes to your Stock Exchange balance. You should able to view it under one of the histories.
I think I only have 2 shares, but how can I confirm that I received the dividends? I don't remember any strange payments to any of my addresses. Does the dividend go to my account on the stock exchange?
SkepsiDyne is neither a legal entity by SEC standards nor is inside trading a crime in my view. Shouldn't those willing to take risks get the rewards of early access to info regarding those risks? Can government limit speech?
This is not the place to be talking about the law, but assuming the Bitcoin community loves free markets, free flowing information, and a consistent moral code, insider secrets should be regarded by non shareholders as irrelevant to their own affairs.
I only mention the law not because it applies but because this is custom that has evolved over hundreds of years of securities trading. Looking at the history of some past dodgy deals I'm quite glad of it.This is not the place to be talking about the law, but assuming the Bitcoin community loves free markets, free flowing information, and a consistent moral code, insider secrets should be regarded by non shareholders as irrelevant to their own affairs.
To answer your question: How do you choose who is "morally" entitled to inside info? What if I paid tawsix for inside info 48 hours ahead of public announcements? Wouldn't that give me quite a bit advantage? What if tawsix used his insider position to dump his shares because the building burnt down - he'd have a few hours to do so all the time claiming an internet outage or a power cut.
This is not a free speech issue. This is a control on the dissemination of the speech. I'm not claiming its a government issue, I'm claiming its a moral issue. You also know that free speech has limits: lying, fraud, blackmail, "fire" in a theatre etc. have all evolved as legal limits on free speech. Insider trading is limit for similar reasons - all moral ones.
This is a moral debate. As an earlier poster said too often people think they're doing some new and special here and instead are setting up a new "wild west". Stock exchanges evolved rules (eventually set into law) because it benefited their customers. I'm not saying all those systems and rules are good - except this one.
Free flowing info? Yes I agree everybody should have access to it: Shareholders and non-shareholders (who want it). So if there is insider info let's publicly release it. I think I will.
No insider secrets are relevant to potential shareholders.
I can image we're never going to agree - so it's probably going to come down to who holds more shares: you or I. Happy voting.
I think it would be useful to know what timezone SIN is operating.
Update: got the first of 4 computers up tonight! Next should arrive tomorrow. Tried to switch over to BTCguild.com, had the same issues as last time, so I'll be looking around for a different pool to switch to tomorrow. I'm exhausted right now, but I will be answering your posts tomorrow.
What problem did you have?
how about an irc channel with a password sent to all investors using a motion or something like that?
that would be a good way to communicate on a daily basis, informal but would be enough for some opinions and get some feedback.
that would be a good way to communicate on a daily basis, informal but would be enough for some opinions and get some feedback.
The problem with that is there is no real way to confirm who is an investor or not.
Password for the channel would be supplied through a motion.
But i dont see why the channel couldnt be open to all, like that future investors would be able to clear up any doubts with Twasix ou any other current investor quickly and live.
Update: got the first of 4 computers up tonight! Next should arrive tomorrow. Tried to switch over to BTCguild.com, had the same issues as last time, so I'll be looking around for a different pool to switch to tomorrow. I'm exhausted right now, but I will be answering your posts tomorrow.
But hey, that's just one shareholders opinion.
It's not the number of shareholders that matter, it's the number of shares
I respect tawsix's right to keep the exact rig recipe secret and support his reasons for doing so. The information he has chosen to share is fine by me (price and hashing speed). I do not support (and neither should Nefario if he wants to legitimise GLBSE) secret information being made shareholder only. If shareholders don't like this they can always sell or just not buy in the first place.
I also respect his right to hold onto his style, if only to spare him micromanagement from shareholders.
He has vested interest in keeping shareholders happy as well as keeping the rigs running optimally. Given that he's only one person playing CEO, Sysadmin, and CFO, I'm more then happy to see things running at 8.0Ghps stable and him being able to sleep properly, instead of spending a lot of time pushing up to 8.1Ghps, falling asleep at the wheel and spilling coffee on a rig.
But hey, that's just one shareholders opinion.
If one pool is better than our current one, wouldn't we just switch to that instead of leaving it as a backup?
He seems very content with the current pool, for reasons that I am unaware, but I do have faith in his ability to know what to do. I know the issue has been discussed before, but if we do research, possibly he'd change his mind. Possibly he has a deal with the current pool, who knows. He profits and fails with us, so I'm going to go with his decision on the primary pool. As for the backup pool, since he put it out there, that's just my opinion on an optimal decision making process, based on 'yay/nay' voting.
There are a lot of IRL companies that keep trade secrets from their shareholders. In fact, securities law prohibits sharing information with shareholders that is not also made available to the general public at the same time. Shareholders are shareholders - they are not managers or even directors. In some countries shareholders that start to act like managers lose their limited liability shield.
I respect tawsix's right to keep the exact rig recipe secret and support his reasons for doing so. The information he has chosen to share is fine by me (price and hashing speed). I do not support (and neither should Nefario if he wants to legitimise GLBSE) secret information being made shareholder only. If shareholders don't like this they can always sell or just not buy in the first place.
I respect tawsix's right to keep the exact rig recipe secret and support his reasons for doing so. The information he has chosen to share is fine by me (price and hashing speed). I do not support (and neither should Nefario if he wants to legitimise GLBSE) secret information being made shareholder only. If shareholders don't like this they can always sell or just not buy in the first place.
SkepsiDyne is neither a legal entity by SEC standards nor is inside trading a crime in my view. Shouldn't those willing to take risks get the rewards of early access to info regarding those risks? Can government limit speech?
This is not the place to be talking about the law, but assuming the Bitcoin community loves free markets, free flowing information, and a consistent moral code, insider secrets should be regarded by non shareholders as irrelevant to their own affairs.
Twaz - I know the motions are still down, and Nefario prolly needs another day of rest, lol. I'm really liking the new eligius.st pool system ( /3/ which I use as my primary currently), and I use BPM as my backup.
A preferred list of motions I'd like to see is:
Motion 1) Vote to take some percentage of all the rigs, and put a few miners on a few of the popular ones for 48 hours. I know it'll prolly bust your stats a bit, but I'm always down for research. Maybe like 4-5 pools? I trust your due diligence in the matter.
Motion 2) Given the results of the testing, a Yay motion to choose the top pool as backup, with the second winner as a backup-backup, third as a backup-backup-backup. Given a catastrophic failure of multiple pools, to authorize you to choose at your discretion.
Motion 3) A Yay, so that once every 2 weeks, take a small percentage of the mining resources to be used for testing that will update this list of backup pool priority, that will be posted on the stats site.
I'd actually prefer it if the results of the research remain only given to the shareholder.And a small fund reserved for the assasination of a shareholder found sharing this information.
A preferred list of motions I'd like to see is:
Motion 1) Vote to take some percentage of all the rigs, and put a few miners on a few of the popular ones for 48 hours. I know it'll prolly bust your stats a bit, but I'm always down for research. Maybe like 4-5 pools? I trust your due diligence in the matter.
Motion 2) Given the results of the testing, a Yay motion to choose the top pool as backup, with the second winner as a backup-backup, third as a backup-backup-backup. Given a catastrophic failure of multiple pools, to authorize you to choose at your discretion.
Motion 3) A Yay, so that once every 2 weeks, take a small percentage of the mining resources to be used for testing that will update this list of backup pool priority, that will be posted on the stats site.
I'd actually prefer it if the results of the research remain only given to the shareholder.
If one pool is better than our current one, wouldn't we just switch to that instead of leaving it as a backup?
There are a lot of IRL companies that keep trade secrets from their shareholders. In fact, securities law prohibits sharing information with shareholders that is not also made available to the general public at the same time. Shareholders are shareholders - they are not managers or even directors. In some countries shareholders that start to act like managers lose their limited liability shield.
I respect tawsix's right to keep the exact rig recipe secret and support his reasons for doing so. The information he has chosen to share is fine by me (price and hashing speed). I do not support (and neither should Nefario if he wants to legitimise GLBSE) secret information being made shareholder only. If shareholders don't like this they can always sell or just not buy in the first place.
I respect tawsix's right to keep the exact rig recipe secret and support his reasons for doing so. The information he has chosen to share is fine by me (price and hashing speed). I do not support (and neither should Nefario if he wants to legitimise GLBSE) secret information being made shareholder only. If shareholders don't like this they can always sell or just not buy in the first place.
Twaz - I know the motions are still down, and Nefario prolly needs another day of rest, lol. I'm really liking the new eligius.st pool system ( /3/ which I use as my primary currently), and I use BPM as my backup.
A preferred list of motions I'd like to see is:
Motion 1) Vote to take some percentage of all the rigs, and put a few miners on a few of the popular ones for 48 hours. I know it'll prolly bust your stats a bit, but I'm always down for research. Maybe like 4-5 pools? I trust your due diligence in the matter.
Motion 2) Given the results of the testing, a Yay motion to choose the top pool as backup, with the second winner as a backup-backup, third as a backup-backup-backup. Given a catastrophic failure of multiple pools, to authorize you to choose at your discretion.
Motion 3) A Yay, so that once every 2 weeks, take a small percentage of the mining resources to be used for testing that will update this list of backup pool priority, that will be posted on the stats site.
I'd actually prefer it if the results of the research remain only given to the shareholder.And a small fund reserved for the assasination of a shareholder found sharing this information.
A preferred list of motions I'd like to see is:
Motion 1) Vote to take some percentage of all the rigs, and put a few miners on a few of the popular ones for 48 hours. I know it'll prolly bust your stats a bit, but I'm always down for research. Maybe like 4-5 pools? I trust your due diligence in the matter.
Motion 2) Given the results of the testing, a Yay motion to choose the top pool as backup, with the second winner as a backup-backup, third as a backup-backup-backup. Given a catastrophic failure of multiple pools, to authorize you to choose at your discretion.
Motion 3) A Yay, so that once every 2 weeks, take a small percentage of the mining resources to be used for testing that will update this list of backup pool priority, that will be posted on the stats site.
I'd actually prefer it if the results of the research remain only given to the shareholder.
http://cgi.ebay.com/MSI-890FXA-GD70-AM3-Motherboard-w-Sempron-Processor-/330582540710?pt=Motherboards&hash=item4cf84141a6 - 150
http://cgi.ebay.com/ATI-Radeon-HD-5850-ASUS-EAH5850-/330582243586?pt=PCC_Video_TV_Cards&hash=item4cf83cb902 - 200
http://forum.bitcoin.org/index.php?topic=23464.0 - 400
http://www.newegg.com/Product/Product.aspx?Item=N82E16817171056&cm_re=cooler_master_1000w-_-17-171-056-_-Product - 180
2gb usb, 1-2gb ram - less then 50
Current Total - $980
assuming you can find 1x more asus at $200 total cost goes to $1180
I have that exact build my output is on average 1270Mhash/s
edit: here is a 4th card but of a different type :\. dont know how trustworthy the guy is deal seems to good to be true.
http://www.bitcoinclassifieds.net/ad/667/
http://cgi.ebay.com/ATI-Radeon-HD-5850-ASUS-EAH5850-/330582243586?pt=PCC_Video_TV_Cards&hash=item4cf83cb902 - 200
http://forum.bitcoin.org/index.php?topic=23464.0 - 400
http://www.newegg.com/Product/Product.aspx?Item=N82E16817171056&cm_re=cooler_master_1000w-_-17-171-056-_-Product - 180
2gb usb, 1-2gb ram - less then 50
Current Total - $980
assuming you can find 1x more asus at $200 total cost goes to $1180
I have that exact build my output is on average 1270Mhash/s
edit: here is a 4th card but of a different type :\. dont know how trustworthy the guy is deal seems to good to be true.
http://www.bitcoinclassifieds.net/ad/667/
Tawsix ...
How many rigs can the electrical supply support and how many rigs can be cooled using the cooling methods currently being employed ?
Pictures of the current set of rigs and the space itself would be very encouraging to new investment too.
How many rigs can the electrical supply support and how many rigs can be cooled using the cooling methods currently being employed ?
Pictures of the current set of rigs and the space itself would be very encouraging to new investment too.
What is the max # of rigs you will be able to support in current facilities?
how about an irc channel with a password sent to all investors using a motion or something like that?
that would be a good way to communicate on a daily basis, informal but would be enough for some opinions and get some feedback.
that would be a good way to communicate on a daily basis, informal but would be enough for some opinions and get some feedback.
The problem with that is there is no real way to confirm who is an investor or not.
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