At the current dividend payout rates, what is the return per 1 share of SIN?
The last 2 payouts have been around .02 BTC per share.
Tawsix ...
I think it would be beneficial to record dividend payouts on the first post in this thread, updating in the same way you are for the hash rate.
It will be very helpful in encouraging further investment / new investors.
At the current dividend payout rates, what is the return per 1 share of SIN?
I agree, I've updated the original post with number of payouts and total BTC paid out.
Agreed.
I still want to see a Finance Sheet as per that provided by UBX (but also including dates for each entry)
The Asset List shareholders appear to now be requesting would then by compilable from the Finance Sheet.
For me personally, the Asset List is a significant input to the assessment of the value of the company and hence each share (particularly mining companies) and is a key differentiator between the SIN shares and shares in mining contracts (e.g. CM400).
A link to a Google Docs spreadsheet shared on a "if you have the URL" basis rather than fully public could easily be provided to shareholders via a "mock" motion on GLBSE.
As an investor I would like to add my 2 cents.
I believe that seeing as the equipment is technically mine, I have every right to know what it is I own.
We will be emulating the quarterly reports of companies (
Ford Motor Company,
General Electric,
Dupont) during weekly dividend payouts to summarize the past weeks income, expenditures, and production.
I have decided that it is not prudent nor in the best interest of the investors that the information regarding the components of the mining rigs be released.
It be very beneficial too, if you bought a kilowattmeter and calculated how much energy cost. OR at least post your last energy bill before you started buying minin rigs so we could see an approximate increase in cost. From the last 2 payouts you keep some of the bitcoins for energy. You can't randomly take bitcoins out. You should only be taking coins out after your energy bill comes in.
Energy costs are calculated daily. In order to do what you propose, we would have to switch to monthly dividend payouts and growth. Currently, I am not "keeping" Bitcoins for energy, I am selling them so that no matter what happens, at the end of the month the electricity bill will be paid, even if BTC crashes to 10 cents. I would continue doing this even if we switched to monthly payouts.
Update: The first rig purchased is scheduled to arrive tomorrow, so that will bring us up to 10 rigs! The second rig will be shipping out today and will arrive before the end of the week. This week I'll also be switching us to BTCguild.com, and whatever backup pool we decide upon. I don't think motions are fixed yet, I'll be contacting Nefario about that and will get a new motion up as soon as things are working again.