|
Title: BMMO - BlockMiners Mining Operations Post by: teek on September 16, 2011, 07:39:37 PM BMMO News
With ASIC on the horizon, we realize that the future of mining will be a very different world. With the block reward dropping and GPU and FPGA heading toward obsolescence we must all adapt. BlockMiners BMMO was the first mining operation to offer a 1 MH/s share / bond, and one of the first successful mining operations on the GLBSE period. It is also one of, if not the longest standing asset on the GLBSE with a historic record of timely payments you could set your watch too. Today at BMMO we bring you another first. To reward our loyal shareholders and to stay relevant, BMMO will be paying an additional "Difficulty Based Bonus" of .00000001% of Difficulty represented in MH. Current holders of BMMO need not do anything, you will automatically start receiving the bonus next Sunday. We are rapidly expanding our GPU operations, exploiting our cool climate and extremely low energy costs for one last hurrah to our GPU days, preparing us for what comes next. Once the new technology is proven and the market has stabilized we will make a move into such technologies. We will also lower our fees due to falling operating costs relative to BTCUSD. Starting next week our fees will decrease from .0015 to .0012 per share for the foreseeable future. Further announcements will be forthcoming before we release any new bonds for sale on GLBSE. I will accept private offers via PM from anyone interested in 1000 units or more that wishes to join us in this expansion. teek Original Post: Hi All - Would like to introduce a new asset on the GLBSE. The asset is GLBSE: BMMO. Blockminers.com Get them now at bargain basement prices!!! Our team is currently involved in a million other projects (a few related to bitcoin), so development of blockminers may be slow. However, I assure you the mining operations are very real, and we do have capacity to expand and can bring new equipment on very quickly if the demand is there. All shares issued are backed by a REAL mega hash. Please see our asset contract for further details. First dividends will go out Oct 1st to Oct 5th. Please hit me back in this thread if you have any questions. teek blockminers.com Title: Re: GLBSE: BMMO Post by: teflone on September 16, 2011, 07:50:53 PM Ok done.. now what ? :D
Title: Re: GLBSE: BMMO Post by: teek on September 16, 2011, 07:51:14 PM Agreed - to an extent. Our mining operations are fully functional, the shares are based on mining production. Not how fancy our website is, or how our other projects are developing. We may issue shares of the actual company at some point, but not for now. In other words, I want to be honest and up front that this is one of many projects, and these shares are backed by cold hard mega hashes, rather than marketing hype.
Thanks for your inquiry, I do believe it may be a question others would ask! teek blockminers.com Title: Re: GLBSE: BMMO Post by: teek on September 16, 2011, 07:52:27 PM Ok done.. now what ? :D Watch the profits roll in? :D Title: Re: GLBSE: BMMO Post by: teflone on September 16, 2011, 07:53:44 PM Ok! Dont let us down! ;)
:D Title: Re: GLBSE: BMMO Post by: marks1976 on September 16, 2011, 09:15:56 PM Blockminers.com webpage not working. Are we investing in mining if so how is blockminers.com involved?
Title: Re: GLBSE: BMMO Post by: teek on September 16, 2011, 09:34:40 PM Blockminers.com webpage not working. Are we investing in mining if so how is blockminers.com involved? Thanks for pointing that out. Looks like it was a problem with the www subdomain. I just put the page up a couple hours ago. Should be good now. teek blockminers.com Title: Re: GLBSE: BMMO Post by: teek on September 17, 2011, 12:09:53 AM How often do you plan to pay out dividends? Hi Peter - We are paying monthly dividends. teek Title: Re: GLBSE: BMMO Post by: teek on September 18, 2011, 04:12:11 PM Just under two weeks until first dividend payout!!
Title: Re: GLBSE: BMMO Post by: teek on September 25, 2011, 04:53:02 PM First dividend coming next weekend! Our miners are busy hashing away, if you hold the share at time of dividend payout, you get the benefit of a full month of mining, even if you only hold for a day!
This may change if GLBSE implements a "shareholder of record" feature by the way, but for now, they don't have that option so early adopters benefit!! We are slowly working on a new website.. stay tuned. teek blockminers.com Title: Re: GLBSE: BMMO Post by: Bitcoin Swami on September 25, 2011, 07:20:01 PM Did you issue all your shares at a certain price and have them sell out? or did you stack the share price going up? trying to figure out whats going on.
Title: Re: GLBSE: BMMO Post by: teek on September 25, 2011, 07:36:30 PM Did you issue all your shares at a certain price and have them sell out? or did you stack the share price going up? trying to figure out whats going on. Hii Bitcoin Swami. We issued shares representing 1 MH. They are being sold on the free market. These are not company ownership shares, they are a share of our mining capacity only. As we increase production or choose to sell a greater percentage of our mining capacity, we may issue more shares, thus representing more hashes. We pay dividends monthly, which is the gross profit from mining minus our fee. Fees are subject to change as costs change. Right now we are selling some of our first few shares as a discount to drive some growth, but we will let the market set it's price from there. teek Title: Re: GLBSE: BMMO Post by: Bitcoin Swami on September 25, 2011, 09:34:15 PM Did you issue all your shares at a certain price and have them sell out? or did you stack the share price going up? trying to figure out whats going on. Hii Bitcoin Swami. We issued shares representing 1 MH. They are being sold on the free market. These are not company ownership shares, they are a share of our mining capacity only. As we increase production or choose to sell a greater percentage of our mining capacity, we may issue more shares, thus representing more hashes. We pay dividends monthly, which is the gross profit from mining minus our fee. Fees are subject to change as costs change. Right now we are selling some of our first few shares as a discount to drive some growth, but we will let the market set it's price from there. teek Ok cool. Would you care to show any pics of your mining operation? I'd like to invest. Title: Re: GLBSE: BMMO Post by: 322i0n on September 25, 2011, 09:50:54 PM how would this be profitable for investors. please correct me if i am wrong, my math is not the best. at current difficulty 1mhash would give 0.02btc per month.
edit typo: current market ask price is 0.12btc Title: Re: GLBSE: BMMO Post by: teek on September 25, 2011, 09:54:32 PM Quote Ok cool. Would you care to show any pics of your mining operation? I'd like to invest. We will throw some pics on the website at some point. Things are kind of segmented right now because we are in the process of moving our server room. We share a server room with a couple other businesses in a building, but due to an anchor tenant requiring the space where the server room currently is, we are moving it. So I have some miners at home temporarily as do other team members. The electrical / data for the new room should be done in about a week or so. When I go by the office tomorrow I could snap a picture of the pile of radeon boxes and a few miners if you want? teek Title: Re: GLBSE: BMMO Post by: teek on September 25, 2011, 10:03:12 PM how would this be profitable for investors. please correct me if i am wrong, my math is not the best. at current difficulty 1mhash would give 0.02btc per month. current market ask price is 1.2 btc so it would take 6 months to return the initial investment. assuming that 1mhash has no market value it would take 6+ months yes.. Title: Re: GLBSE: BMMO Post by: Nagle on September 25, 2011, 10:17:28 PM how would this be profitable for investors. please correct me if i am wrong, my math is not the best. at current difficulty 1mhash would give 0.02btc per month. current market ask price is 1.2 btc so it would take 6 months to return the initial investment. Check your math: 1.2 btc / 0.02btc per month = 60 months = 5 years. Title: Re: GLBSE: BMMO Post by: teek on September 25, 2011, 10:19:24 PM how would this be profitable for investors. please correct me if i am wrong, my math is not the best. at current difficulty 1mhash would give 0.02btc per month. current market ask price is 1.2 btc so it would take 6 months to return the initial investment. Check your math: 1.2 btc / 0.02btc per month = 60 months = 5 years. @nagle market ask is .12 btc not 1.2 btc, 322i0n quoted the current ask wrong. Title: Re: GLBSE: BMMO Post by: teek on September 25, 2011, 10:20:42 PM hmmm glbse seems to be down at the moment. getting several errors back.
Title: Re: GLBSE: BMMO Post by: 322i0n on September 25, 2011, 10:22:14 PM yep thanks. typo fixed.
Title: Re: GLBSE: BMMO Post by: 322i0n on September 25, 2011, 10:25:32 PM hmmm glbse seems to be down at the moment. getting several errors back. its okay here.Title: Re: GLBSE: BMMO Post by: 322i0n on September 25, 2011, 10:39:51 PM its down for me too now.
Title: Re: GLBSE: BMMO Post by: Nagle on September 26, 2011, 05:39:55 AM We issued shares representing 1 MH. They are being sold on the free market. These are not company ownership shares, they are a share of our mining capacity only.[/quote]
That raises some interesting issues. The seller is selling the right to receive a service without limit of time. In other words, you get the service forever. They can't change those terms retroactively for people who've already bought. Since they haven't published terms, they're bound by their advertising. Of course, the people behind this are trying to hide behind a domain anonymization service run by Enom, so they think they can just disappear. But there are ways to get through that anonymity. (If you need to do this, "WHOIS PRIVACY PROTECTION SERVICE" is a Nevada corporation which is a front for Enom. D&B has contact information for that company. If you file a lawsuit, name Enom as a co-defendant; they'll immediately cave and disclose the actual party behind the domain.) Title: Re: GLBSE: BMMO Post by: teek on September 26, 2011, 02:57:19 PM Of course, the people behind this are trying to hide behind a domain anonymization service run by Enom, so they think they can just disappear. But there are ways to get through that anonymity. (If you need to do this, "WHOIS PRIVACY PROTECTION SERVICE" is a Nevada corporation which is a front for Enom. D&B has contact information for that company. If you file a lawsuit, name Enom as a co-defendant; they'll immediately cave and disclose the actual party behind the domain.) We aren't here to rip anyone off, however, as stated in our asset contract, we may suspend mining if it becomes unprofitable, for as long as we see fit to mitigate loss, or, indefinitely. Title: Re: GLBSE: BMMO Post by: Nagle on September 26, 2011, 04:32:20 PM Of course, the people behind this are trying to hide behind a domain anonymization service run by Enom, so they think they can just disappear. But there are ways to get through that anonymity. (If you need to do this, "WHOIS PRIVACY PROTECTION SERVICE" is a Nevada corporation which is a front for Enom. D&B has contact information for that company. If you file a lawsuit, name Enom as a co-defendant; they'll immediately cave and disclose the actual party behind the domain.) We aren't here to rip anyone off, however, as stated in our asset contract (where?), we may suspend mining if it becomes unprofitable, for as long as we see fit to mitigate loss, or, indefinitely. Title: Re: GLBSE: BMMO Post by: teek on September 26, 2011, 05:38:50 PM Of course, the people behind this are trying to hide behind a domain anonymization service run by Enom, so they think they can just disappear. But there are ways to get through that anonymity. (If you need to do this, "WHOIS PRIVACY PROTECTION SERVICE" is a Nevada corporation which is a front for Enom. D&B has contact information for that company. If you file a lawsuit, name Enom as a co-defendant; they'll immediately cave and disclose the actual party behind the domain.) We aren't here to rip anyone off, however, as stated in our asset contract (where?), we may suspend mining if it becomes unprofitable, for as long as we see fit to mitigate loss, or, indefinitely. Where? On the GLBSE of course, any GLBSE user will know where, as the asset contract is what you are actually buying. If GLBSE users think its worthless, they will price it accordingly. Title: Re: GLBSE: BMMO Post by: Nagle on September 26, 2011, 07:00:34 PM Of course, the people behind this are trying to hide behind a domain anonymization service run by Enom, so they think they can just disappear. But there are ways to get through that anonymity. (If you need to do this, "WHOIS PRIVACY PROTECTION SERVICE" is a Nevada corporation which is a front for Enom. D&B has contact information for that company. If you file a lawsuit, name Enom as a co-defendant; they'll immediately cave and disclose the actual party behind the domain.) We aren't here to rip anyone off, however, as stated in our asset contract (where?), we may suspend mining if it becomes unprofitable, for as long as we see fit to mitigate loss, or, indefinitely. Where? On the GLBSE of course, any GLBSE user will know where, as the asset contract is what you are actually buying. If GLBSE users think its worthless, they will price it accordingly. Title: Re: GLBSE: BMMO Post by: Bitcoin Swami on September 26, 2011, 08:15:20 PM Of course, the people behind this are trying to hide behind a domain anonymization service run by Enom, so they think they can just disappear. But there are ways to get through that anonymity. (If you need to do this, "WHOIS PRIVACY PROTECTION SERVICE" is a Nevada corporation which is a front for Enom. D&B has contact information for that company. If you file a lawsuit, name Enom as a co-defendant; they'll immediately cave and disclose the actual party behind the domain.) We aren't here to rip anyone off, however, as stated in our asset contract (where?), we may suspend mining if it becomes unprofitable, for as long as we see fit to mitigate loss, or, indefinitely. Where? On the GLBSE of course, any GLBSE user will know where, as the asset contract is what you are actually buying. If GLBSE users think its worthless, they will price it accordingly. They are listed on the GLBSE adding to that page is seperate and its a link send from nefario. Lots of companies are traded on the GLBSE aren't listed there. Title: Re: GLBSE: BMMO Post by: Nagle on September 26, 2011, 09:00:17 PM OK, found "contract" (https://glbse.com/asset/d0f58caea9d91c6d50cf1a8a8767fa071a6c66bcfab649bdea5bc8b5610a3d71).
The "contract" contains a dead link to "http://www.blockminers.com/bylaws" Since the parties to the contract are not defined: <officers/> <offices>In the Cloud</offices> there is no contract. This matters, because this is an offer to deliver something at a future time. The buyer needs to know where to send the debt collectors. Title: Re: GLBSE: BMMO Post by: teek on September 28, 2011, 02:17:52 AM Contrary to what nagle believes BMMO is just here to make an honest go at a bitcoin mining enterprise trading on the GLBSE. No it might not be a multi-million dollar operation, but it's an honest venture and it is going to pay it's dividend as long as bitcoin mining returns a profit, which we believe is well into the future. There may be it's ups and downs, but the creators of blockminers aren't in bitcoin for only this venture, and that will soon lend even more credibility to this operation.
Get em now while they're cheap. Expected September dividend is .0172 per share, net our .003 fee for this month, that is a .0142 yield. We are backing these shares by real mhashs. teek blockminers.com Title: Re: GLBSE: BMMO Post by: teek on September 29, 2011, 07:02:11 PM Monthly dividend this weekend!
Title: Re: GLBSE: BMMO Post by: teek on October 02, 2011, 04:15:29 PM Hi All - September's (our first) dividend went out a few minutes ago.. .0172 BTC per share, minus our .003 BTC per share fee = .0142 BTC per share was paid to shareholders.
Fees will be going up to .004 for the month of October, and we are expecting a dividend of .0178 per share for October. Any feedback please let me know. teek blockminers.com Title: Re: GLBSE: BMMO Post by: teek on October 05, 2011, 12:39:44 AM *bump*
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on October 13, 2011, 07:42:51 PM Hi all! Can't help but notice the drama going on with some of the mining companies on the GLBSE. If you're looking for a solid no bs GLBSE mining investment, check out GLBSE: BMMO. Our power rate is low, we are actively experimenting with merged mining and actively looking into future technologies such as FPGA's. We run a couple other companies, we have the techs, we have the facilities, we have the infrastructure. Pretty much unless all of bitcoin goes down the toilet, we will not dissapoint. I'll be posting more details about our mining operation in a few weeks, which I am sure will start looking pretty juicy to investors at that time.
We are also thinking of offering shares of the actual company in the future (the BMMO asset is a share of mining capacity only, each share represents 1 mhash). Our expected dividend per share (after fees) for October is looking to be around .014 btc per share. We are trying to keep fees low while keeping dividends high! teek blockminers.com Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Ben Walsh (beamer) on October 13, 2011, 10:25:33 PM I will need to see evidence that you are any more trustworthy, competent, experienced and/or professional than Tawsix.
Why should I invest in you ? I will need to know significantly more about you and what you offer. You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. You still haven't posted your bylaws at the address in the contract - even though that was pointed out to you more than 2 weeks ago. These are not the behaviours of a professional who is seeking investment. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on October 14, 2011, 12:43:15 AM I will need to see evidence that you are any more trustworthy, competent, experienced and/or professional than Tawsix. Why should I invest in you ? I will need to know significantly more about you and what you offer. You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. You still haven't posted your bylaws at the address in the contract - even though that was pointed out to you more than 2 weeks ago. These are not the behaviours of a professional who is seeking investment. Hi Ben, duly noted. I will see what I can do about clearing those items up in the coming weeks. Honestly I gotta say, the information listed for the bulk of the companies on that directory, is very incomplete, and is basically no more than I have provided on this forum thread (yes there are some exceptions, LIF maybe a couple more). We find ourselves in an awkward position due to the nature of the GLBSE, we are kind of forced into this limbo quasi-anonymous land because of ridiculous laws. While our business is 100% on the up and up, I find that revealing too much about it / us bares a level of risk that has to be dealt with delicately. What I can tell you right now is this, we have dozens of GPU's currently mining in a few locations. We are currently renovating our offices, and actually just yesterday got the power and conduit in our new server room installed, panel and plugs wired up, etc. I'd be happy to provide pictures of it, and will be putting pictures on the new website when things are buttoned up. Construction has taken a little longer than anticipated, so we are kind of in a holding pattern. Not to mention, blockminers is the smallest of our ventures, so yes, it does take a backseat from time to time. The facilities, server room, etc, are for our primary business and that business does have to come first. However, that doesn't change the fact, miners are mining, shareholders get 1 mhash, and we are currently only taking a fee that does not yet even equal the cost of power. In the past, we have seen mining companies come on GLBSE, and ask for a IPO basically starting from GPU0. We've had dozens of GPU's going since June, there is value here. The hodgepodge of miners is currently at our homes, and around the office, running various miners (linuxcoin, guiminer, etc). Right now it is fairly inefficient, due to how it is laid out however the plan is once we can actually move into the new server room, we will consolidate everything, run BAMT, etc. We have network admins and developers on staff and a webdev / layout / UI guy just joined our team on a trial basis this week. His 3rd task on the list is blockminers new site... we hope to be providing some nice stats etc on the new site. On the new site we can put out financial statements etc, if we decide that we will be offering shares of the company. Right now, we do not, because the shares do not represent ownership of the company, the company remains private. You seem to be quite involved in the GLBSE community, i'd be happy to provide evidence to you if you would verify in the public forum that you believe we do, what we say we do as long as our actual communication remains confidential. If you have any other feedback i'd love to hear it! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: JL421 on October 14, 2011, 02:12:24 AM You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. Ya, I wouldn't give too much crap about that...I'm still not listed there. The problem here is that Nefario gives companies login information to post and edit their profile. Nefario has been away for awhile though, so everything there waits until he returns. I heard something about him being in an accident, so ya. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Ben Walsh (beamer) on October 14, 2011, 08:18:08 AM Nefario is intentionally not the only person supporting GLBSE.
"ColdHardMetal Our company secretary, also our accountant, drafted our bylaws, rules and regulations. He is my right hand man and the second in command." https://glbse.com/contact.rhtml Though I do agree that the contact details should be fully updated to reflect the fact that ColdHardMetal should be supporting customers. I suggest asset creators contact ColdHardMetal through PMs in this forum - https://bitcointalk.org/index.php?action=profile;u=2834 Tell him the contact details of that page need updating when you do. You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. Ya, I wouldn't give too much crap about that...I'm still not listed there. The problem here is that Nefario gives companies login information to post and edit their profile. Nefario has been away for awhile though, so everything there waits until he returns. I heard something about him being in an accident, so ya. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Ben Walsh (beamer) on October 14, 2011, 08:23:15 AM I would be happy to evaluate such information and decide whether I vouch for you or not.
Encrypt the information with a password of your choosing. Send the encrypted information to my email address - benny.walsh@gmail.com and PM me on this forum with the password you chose. I will need to see evidence that you are any more trustworthy, competent, experienced and/or professional than Tawsix. Why should I invest in you ? I will need to know significantly more about you and what you offer. You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. You still haven't posted your bylaws at the address in the contract - even though that was pointed out to you more than 2 weeks ago. These are not the behaviours of a professional who is seeking investment. Hi Ben, duly noted. I will see what I can do about clearing those items up in the coming weeks. Honestly I gotta say, the information listed for the bulk of the companies on that directory, is very incomplete, and is basically no more than I have provided on this forum thread (yes there are some exceptions, LIF maybe a couple more). We find ourselves in an awkward position due to the nature of the GLBSE, we are kind of forced into this limbo quasi-anonymous land because of ridiculous laws. While our business is 100% on the up and up, I find that revealing too much about it / us bares a level of risk that has to be dealt with delicately. What I can tell you right now is this, we have dozens of GPU's currently mining in a few locations. We are currently renovating our offices, and actually just yesterday got the power and conduit in our new server room installed, panel and plugs wired up, etc. I'd be happy to provide pictures of it, and will be putting pictures on the new website when things are buttoned up. Construction has taken a little longer than anticipated, so we are kind of in a holding pattern. Not to mention, blockminers is the smallest of our ventures, so yes, it does take a backseat from time to time. The facilities, server room, etc, are for our primary business and that business does have to come first. However, that doesn't change the fact, miners are mining, shareholders get 1 mhash, and we are currently only taking a fee that does not yet even equal the cost of power. In the past, we have seen mining companies come on GLBSE, and ask for a IPO basically starting from GPU0. We've had dozens of GPU's going since June, there is value here. The hodgepodge of miners is currently at our homes, and around the office, running various miners (linuxcoin, guiminer, etc). Right now it is fairly inefficient, due to how it is laid out however the plan is once we can actually move into the new server room, we will consolidate everything, run BAMT, etc. We have network admins and developers on staff and a webdev / layout / UI guy just joined our team on a trial basis this week. His 3rd task on the list is blockminers new site... we hope to be providing some nice stats etc on the new site. On the new site we can put out financial statements etc, if we decide that we will be offering shares of the company. Right now, we do not, because the shares do not represent ownership of the company, the company remains private. You seem to be quite involved in the GLBSE community, i'd be happy to provide evidence to you if you would verify in the public forum that you believe we do, what we say we do as long as our actual communication remains confidential. If you have any other feedback i'd love to hear it! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on October 15, 2011, 09:08:04 PM Quick update with some pics (sorry for bad quality, taken on my berry)
Office re-location http://blockminers.com/office1.jpg New server room and power http://blockminers.com/power1.jpg Power again http://blockminers.com/power2.jpg Bunch of radeon boxes http://blockminers.com/radeons.jpg some random miners http://blockminers.com/miners1.jpg http://blockminers.com/miners2.jpg http://blockminers.com/miners3.jpg I didn't get a chance to take pictures of even close to everything, other miners are inside random office pcs and at houses etc for now.. I will take some pics of the new server room when it is populated with our equipment and miners.. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on October 15, 2011, 09:09:32 PM Ben I will put something together asap, is there anything specific you think I should include that would help? teek I would be happy to evaluate such information and decide whether I vouch for you or not. Encrypt the information with a password of your choosing. Send the encrypted information to my email address - benny.walsh@gmail.com and PM me on this forum with the password you chose. I will need to see evidence that you are any more trustworthy, competent, experienced and/or professional than Tawsix. Why should I invest in you ? I will need to know significantly more about you and what you offer. You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. You still haven't posted your bylaws at the address in the contract - even though that was pointed out to you more than 2 weeks ago. These are not the behaviours of a professional who is seeking investment. Hi Ben, duly noted. I will see what I can do about clearing those items up in the coming weeks. Honestly I gotta say, the information listed for the bulk of the companies on that directory, is very incomplete, and is basically no more than I have provided on this forum thread (yes there are some exceptions, LIF maybe a couple more). We find ourselves in an awkward position due to the nature of the GLBSE, we are kind of forced into this limbo quasi-anonymous land because of ridiculous laws. While our business is 100% on the up and up, I find that revealing too much about it / us bares a level of risk that has to be dealt with delicately. What I can tell you right now is this, we have dozens of GPU's currently mining in a few locations. We are currently renovating our offices, and actually just yesterday got the power and conduit in our new server room installed, panel and plugs wired up, etc. I'd be happy to provide pictures of it, and will be putting pictures on the new website when things are buttoned up. Construction has taken a little longer than anticipated, so we are kind of in a holding pattern. Not to mention, blockminers is the smallest of our ventures, so yes, it does take a backseat from time to time. The facilities, server room, etc, are for our primary business and that business does have to come first. However, that doesn't change the fact, miners are mining, shareholders get 1 mhash, and we are currently only taking a fee that does not yet even equal the cost of power. In the past, we have seen mining companies come on GLBSE, and ask for a IPO basically starting from GPU0. We've had dozens of GPU's going since June, there is value here. The hodgepodge of miners is currently at our homes, and around the office, running various miners (linuxcoin, guiminer, etc). Right now it is fairly inefficient, due to how it is laid out however the plan is once we can actually move into the new server room, we will consolidate everything, run BAMT, etc. We have network admins and developers on staff and a webdev / layout / UI guy just joined our team on a trial basis this week. His 3rd task on the list is blockminers new site... we hope to be providing some nice stats etc on the new site. On the new site we can put out financial statements etc, if we decide that we will be offering shares of the company. Right now, we do not, because the shares do not represent ownership of the company, the company remains private. You seem to be quite involved in the GLBSE community, i'd be happy to provide evidence to you if you would verify in the public forum that you believe we do, what we say we do as long as our actual communication remains confidential. If you have any other feedback i'd love to hear it! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Nagle on October 17, 2011, 03:46:12 AM I couldn't resist. I sent a link to this page to Data Center Knowledge.
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Ben Walsh (beamer) on October 20, 2011, 07:56:31 PM I'll let you decide what you think is best for the situation.
Ben I will put something together asap, is there anything specific you think I should include that would help? teek I would be happy to evaluate such information and decide whether I vouch for you or not. Encrypt the information with a password of your choosing. Send the encrypted information to my email address - benny.walsh@gmail.com and PM me on this forum with the password you chose. I will need to see evidence that you are any more trustworthy, competent, experienced and/or professional than Tawsix. Why should I invest in you ? I will need to know significantly more about you and what you offer. You still aren't listed here - http://companies.herokuapp.com - even though that was pointed out to you more than 2 weeks ago. At an absolute minimum I require every section completed in a company listing. You still haven't posted your bylaws at the address in the contract - even though that was pointed out to you more than 2 weeks ago. These are not the behaviours of a professional who is seeking investment. Hi Ben, duly noted. I will see what I can do about clearing those items up in the coming weeks. Honestly I gotta say, the information listed for the bulk of the companies on that directory, is very incomplete, and is basically no more than I have provided on this forum thread (yes there are some exceptions, LIF maybe a couple more). We find ourselves in an awkward position due to the nature of the GLBSE, we are kind of forced into this limbo quasi-anonymous land because of ridiculous laws. While our business is 100% on the up and up, I find that revealing too much about it / us bares a level of risk that has to be dealt with delicately. What I can tell you right now is this, we have dozens of GPU's currently mining in a few locations. We are currently renovating our offices, and actually just yesterday got the power and conduit in our new server room installed, panel and plugs wired up, etc. I'd be happy to provide pictures of it, and will be putting pictures on the new website when things are buttoned up. Construction has taken a little longer than anticipated, so we are kind of in a holding pattern. Not to mention, blockminers is the smallest of our ventures, so yes, it does take a backseat from time to time. The facilities, server room, etc, are for our primary business and that business does have to come first. However, that doesn't change the fact, miners are mining, shareholders get 1 mhash, and we are currently only taking a fee that does not yet even equal the cost of power. In the past, we have seen mining companies come on GLBSE, and ask for a IPO basically starting from GPU0. We've had dozens of GPU's going since June, there is value here. The hodgepodge of miners is currently at our homes, and around the office, running various miners (linuxcoin, guiminer, etc). Right now it is fairly inefficient, due to how it is laid out however the plan is once we can actually move into the new server room, we will consolidate everything, run BAMT, etc. We have network admins and developers on staff and a webdev / layout / UI guy just joined our team on a trial basis this week. His 3rd task on the list is blockminers new site... we hope to be providing some nice stats etc on the new site. On the new site we can put out financial statements etc, if we decide that we will be offering shares of the company. Right now, we do not, because the shares do not represent ownership of the company, the company remains private. You seem to be quite involved in the GLBSE community, i'd be happy to provide evidence to you if you would verify in the public forum that you believe we do, what we say we do as long as our actual communication remains confidential. If you have any other feedback i'd love to hear it! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on November 02, 2011, 12:00:55 AM Oct dividends paid, and they are a little higher than expected. We paid .0186 BTC per share minus our .004 fee = .0146 BTC per share to shareholders. We will be keeping fees at .004 throughout November, and are expecting a gross dividend of around .0195 per share.
teek blockminers.com EDIT: typo on dividend should read .0195 per share instead of .195 Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Danijel Habek on November 07, 2011, 10:39:17 AM Oct dividends paid, and they are a little higher than expected. We paid .0186 BTC per share minus our .004 fee = .0146 BTC per share to shareholders. We will be keeping fees at .004 throughout November, and are expecting a gross dividend of around .195 per share. teek blockminers.com How come the expected dividend for the November rose 10 fold in just one month? Did you just omitted some decimals or added 10x more hashing power to the company? Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on November 07, 2011, 05:57:07 PM Oct dividends paid, and they are a little higher than expected. We paid .0186 BTC per share minus our .004 fee = .0146 BTC per share to shareholders. We will be keeping fees at .004 throughout November, and are expecting a gross dividend of around .195 per share. teek blockminers.com How come the expected dividend for the November rose 10 fold in just one month? Did you just omitted some decimals or added 10x more hashing power to the company? Ouch typo, thanks for correcting me dividend is .0195 expected, I will edit!! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Danijel Habek on December 03, 2011, 02:33:17 PM Any updates on your operation?
Maybe my search-fu isn't that good, but a month has passed away since your last update, and the website doesn't give much news too. Please, could you post the updates of your operation more frequently, maybe once a week would be great for starters? Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on December 04, 2011, 02:06:52 AM Hi all! November dividends have been paid! .0199 per share gross, .0159 net to shareholders!
Another update: the first version of our new site is up at www.blockminers.com (http://www.blockminers.com) As for the lack of updates on this thread.. No news is good news right now.. Construction did stall a bit on the new office, we are still in the old one. No major changes / upgrades to the mining equipment are going to happen until then, which should be in a week or two. The place has doors, locks, lights, all that good stuff now, so we're good to go pretty much any time now. It's just a matter of actually moving everything and doing some wiring etc.. We are thinking of changing to a weekly dividend instead of monthly to keep things a little more active.. it does seem like other GLBSE assets have done well with that, and a month is a long time in the bitcoin world it seems. What do you think? Once we are moved in, set up, and comfortable, we will be releasing more mhash's onto the open market, and doing some major expansion. We have a page on the new site which will be used for displaying hash rates and other stats as things come along. Any feedback on what people would like to see? Anyway's more updates coming soon. Have a good weekend everyone! teek blockminers.com Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Danijel Habek on December 05, 2011, 02:55:05 PM Thanks for your quick response teek!
In my opinion any news update, good or bad is better than none. If there's no news to communicate to potential shareholders, even your occasional activity is enough to record operation performance, which is enough for some to decide whether to give you trust and invest in your operation. I tend to believe if there's no activity in a month, that the operation is defunct or something bad is happening (that's just me and my imagination), which have happened one too many times on few mining operations in my brief bitcoin history. So please, don't let me calculate what is maybe happening to the operation I might be investing in. I'm too prone to make mistakes if I don't have timely input. Selling off some of the shares below the market price because I think the operation is going south just to squeeze back some of the investment is a mistake one could easily make if there's no clear input. I can see potential behind your project, now that it's backed with more than welcomed updates to your website, and to the information it shows to the public. I believe you can see small but positive reflection of that updates ;) I wish you nothing but success! Oh yes, I've corrected that mistake and bought back those shares I've sold once I saw your reply. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: vmg3 on December 05, 2011, 11:05:23 PM I for one appreciate the work you are doing! Keep up the great work!
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: Danijel Habek on December 06, 2011, 03:59:22 PM Your plan to make weekly payouts will surely liven up a bit the network transactions, do it!
Title: dividends Post by: tablekart on December 09, 2011, 06:25:56 PM try biweekly
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on December 12, 2011, 04:16:26 AM Hi all! To switch over to a weekly dividend, we paid a 10 day dividend payment today for the period covering December 1st to 10th inclusive. Our dividends will now be paid weekly, every Sunday.
So for 10 days we have a gross dividend of .0073 BTC per share minus our fees of .0018 per share = .0055 BTC per share paid to shareholders! We expect next weeks dividend to be around .0061 gross. More news coming soon! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on December 18, 2011, 06:17:26 PM Hi all! Dividends have been paid for the week ending Dec 17th. Dividend paid was .0061 gross per share, minus our fees of .0015, .0046 BTC per share has been paid to shareholders!
More news coming soon! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on December 25, 2011, 08:34:58 PM Hi all - Just a note to shareholders that GLBSE seems down at the moment therefore dividends will be delayed until it is back up.. or possibly tomorrow as I am pretty busy with family Christmas stuff today..
Merry Christmas everyone!! teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on December 26, 2011, 06:13:52 PM Hi all! Weekly dividends have been paid for the week ending Dec 24th. We came in a little lower this week due to a little downtime. Gross Dividend of .0056 BTC per share minus our .0015 BTC fee = .0041 BTC per share, paid to shareholders!
Merry Christmas everyone! More news coming soon! Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: vuce on January 01, 2012, 03:18:00 PM Will there be any dividends this week?
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 01, 2012, 07:32:02 PM Will there be any dividends this week? Yep - before 3pm CST we'll get them out! Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: vuce on January 01, 2012, 07:46:34 PM Will there be any dividends this week? Yep - before 3pm CST we'll get them out! superb, thanks for the remainder. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 01, 2012, 08:07:21 PM Dividends have been paid! .0059 gross, minus our 0.0015 fee = .0044 BTC per share paid to shareholders!
News coming soon. teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 08, 2012, 06:58:13 PM Hi all! Dividends have been paid, .0056 per share gross, .0041 net per share paid to shareholders!
teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 15, 2012, 04:12:20 PM Hi all! Dividends have been paid!! .0056 per share gross, minus our .0015 fee, .0041 BTC net per share paid to shareholders!
teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: vuce on January 17, 2012, 03:03:57 PM Will you be updating the website with the new estimate for the next week? Also congrats on the price rise, looks like you're doing an excellent job!
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 17, 2012, 04:07:45 PM Will you be updating the website with the new estimate for the next week? Also congrats on the price rise, looks like you're doing excellent job! :D Thanks, website updated. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 22, 2012, 07:27:03 PM Dividend day!! This weeks dividends have been paid! .0056 per share gross, minus our .0015 fee, .0041 BTC net per share paid to shareholders!
teek Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on January 29, 2012, 06:32:59 PM Dividends paid! .0055 per share gross, minus our .0015 fee, .0040 BTC net per share paid to shareholders!
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: tablekart on February 04, 2012, 05:17:04 PM good work, time to move forward
what's new with BMPO? Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on February 05, 2012, 05:14:39 PM Dividends paid! .0054 per share gross, minus our .0015 fee, .0039 BTC net per share paid to shareholders!
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on February 05, 2012, 05:17:08 PM good work, time to move forward what's new with BMPO? The pool ops are kind of on the back burner at the moment. Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on February 12, 2012, 06:57:05 PM Dividends paid! .0051 per share gross, minus our .0015 fee, .0036 BTC net per share paid to shareholders!
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on February 20, 2012, 06:46:56 PM Hi all! Dividends were paid yesterday! .0051 per share gross, minus our .0015 fee, .0036 BTC net per share paid to shareholders!
Title: Re: [GLBSE] Blockminers.com - GLBSE: BMMO Post by: teek on February 26, 2012, 09:30:45 PM Dividends paid! .0051 per share gross, minus our .0015 fee, .0036 BTC net per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on March 04, 2012, 04:02:13 PM Hi all! Dividends have been paid! .0051 per share gross, minus our .0015 fee, .0036 BTC net per share paid to shareholders!
Other good news! Phase 1 of BMMO expansion is almost done. We look forward to releasing some pictures and stats that showcase the BMMO farm and what we have been up to over the past little while and we will do so in the coming days and weeks along with some other changes to the BMMO asset. We have issued some new shares at BlockMiners to expand our shareholder base and fund another round of expansion. Please keep in mind that the BMMO asset is not subject to dilution in the same way a traditional stock is. At BlockMiners, each BMMO share is backed by at least 1 mhash. We now have 10,000 authorized shares, each one worth 1 mhash. We hope that additional shares will also increase trading activity and provide a little more natural liquidity. More news soon! We appreciate hearing any feedback, make a post on this thread or shoot us a pm or e-mail! teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on March 11, 2012, 06:02:24 PM Dividends paid! .0048 per share gross, minus our .0015 fee, .0033 BTC net per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on March 25, 2012, 05:14:13 PM Dividends paid! Another weekly dividend of .0047 BTC per share has been paid! Minus our fee, .0032 per share net to shareholders! We paid these out on GLBSE 2.0 today and other than a little bit of interface shock (they need a UI / UX guy) it seems to have worked smoothly!
I also just noticed that my post from last weeks dividends payments didn't post or something as it is not here. For the record, last weeks dividends were paid on time, last Sunday, and were .0047 gross, .0032 net (same as this week). We are looking to add a lot more hashing power soon! We hope to have pictures / stats of our new rig as soon as it is all cable tied up and looking pretty! Hint: it's a 10GH monster with room / power for at least another 30 ;) teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on March 25, 2012, 05:21:13 PM hmm actually i noticed the way the new system pays dividends is a little different than it was so the dividend payout was slightly lower than it was supposed to be. I manually paid out the different in second payment just now, but I will have to figure this out / talk to Nefario about how it works by next week.
teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on March 31, 2012, 05:26:23 PM Hi all! We sent out a test dividend today of 1 BTC, just to make sure the dividend distribution is working correctly in GLBSE 2.0, and it is! This dividend is on the house, real dividend coming tmrw!
teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: stochastic on March 31, 2012, 11:33:54 PM Hi all! We sent out a test dividend today of 1 BTC, just to make sure the dividend distribution is working correctly in GLBSE 2.0, and it is! This dividend is on the house, real dividend coming tmrw! teek I actually got 2 dividends from BMMO 4 hours apart. One for .05425074 per share and the other .00301393 per share. The .00301393 has not shown up on the BMMO page. On the OP you post the assets held by the company. Could you also post the current expenses as well? Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: Nefario on April 01, 2012, 02:28:50 AM The "phantom" dividend payment is to those who didn't have their dividend from Sunday due to a GLBSE bug on the opening of GLBSE2.0.
This has cost GLBSE about 9BTC as a few accounts that shouldn't have got the payment. The overall result is that BMMO shareholders should be very happy getting extra payments. Nefario Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on April 01, 2012, 04:34:12 PM On the OP you post the assets held by the company. Could you also post the current expenses as well? The current assets held by the company is approximately 13,000 mhash worth of radeons consisting of 5830's 5850's 6870's 6950's 7950's and 7970's. I believe there are currently 44 GPU's, 8 motherboards, 10 PSU's, 2 PDU's, etc etc. Expenses are around 120 BTC a month at the moment.. However, this is pretty irrelevant in BMMO's case because Blockminers remains a private company. Our BMMO asset represents 1 mhash of bitcoin mining power in our system. We take a (currently) .0015 fee to cover expenses etc. Our obligation to shareholders means that we will maintain the mhash's provided, using whatever equipment we see fit to do so and maintain profitability. IE: our fees remain lower than the gross output of a mhash. Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - www.blockminers.com Post by: teek on April 01, 2012, 04:36:06 PM Dividends have been paid! .0044 gross, minus our 0.0015 fee = .0029 BTC per share paid to shareholders!
Just finishing some aesthetics on our new rig before we release some pictures of it! Stay tuned for our new plan to increase shareholder value! Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on April 08, 2012, 03:23:42 PM Dividends have been paid! .0043 gross, minus our 0.0015 fee = .0028 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on April 15, 2012, 09:04:17 PM Dividends have been paid! .0045 gross, minus our 0.0015 fee = .003 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on April 22, 2012, 04:10:33 PM Dividends have been paid! .0045 gross, minus our 0.0015 fee = .003 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on April 29, 2012, 10:18:57 PM Dividends have been paid! .0046 gross, minus our 0.0015 fee = .0031 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: mc_lovin on May 01, 2012, 05:18:44 PM bump :D
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on May 06, 2012, 06:55:16 PM Dividends have been paid! .0047 gross, minus our 0.0015 fee = .0032 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on May 13, 2012, 05:21:13 PM Dividends have been paid! .0044 gross, minus our 0.0015 fee = .0029 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on May 20, 2012, 05:56:13 PM Dividends paid! .0042 gross, minus our 0.0015 fee = .0027 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on May 27, 2012, 06:09:23 PM Dividends paid! .0043 gross, minus our 0.0015 fee = .0028 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: gewure on May 29, 2012, 02:21:48 AM div gets lower and so does market capitalization
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on June 03, 2012, 04:06:50 PM Dividends paid! .0044 gross, minus our 0.0015 fee = .0029 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on June 10, 2012, 07:20:56 PM Dividends paid! .0044 gross, minus our 0.0015 fee = .0029 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on June 17, 2012, 06:31:23 PM Dividends paid! .0044 gross, minus our 0.0015 fee = .0029 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on June 24, 2012, 08:36:04 PM Dividends paid! .0042 gross, minus our 0.0015 fee = .0027 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on July 01, 2012, 04:19:28 PM Dividends paid! .0041 gross, minus our 0.0015 fee = .0026 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on July 08, 2012, 07:46:53 PM Dividends paid! .0041 gross, minus our 0.0015 fee = .0026 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on July 15, 2012, 09:32:18 PM Dividends paid! .0040 gross, minus our 0.0015 fee = .0025 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: DeaDTerra on July 22, 2012, 05:46:43 PM Are there any plans on hardware upgrades?
//DeaDTerra Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on July 22, 2012, 06:14:22 PM Dividends paid! .0039 gross, minus our 0.0015 fee = .0024 BTC per share paid to shareholders!
Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on July 22, 2012, 06:46:23 PM Are there any plans on hardware upgrades? //DeaDTerra There are, but nothing is finalized.. We are not trying to jump on the ASIC bandwagon yet.. I am not interested in giving out interest free loans to BFL.. and FPGA is almost pointless in our situation right now.. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s - www.blockminers.com Post by: teek on July 23, 2012, 06:56:38 PM With ASIC on the horizon, we realize that the future of mining will be a very different world. With the block reward dropping and GPU and FPGA heading toward obsolescence we must all adapt.
BlockMiners BMMO was the first mining operation to offer a 1 MH/s share / bond, and one of the first successful mining operations on the GLBSE period. It is also one of, if not the longest standing asset on the GLBSE with a historic record of timely payments you could set your watch too. Today at BMMO we bring you another first. To reward our loyal shareholders and to stay relevant, BMMO will be paying an additional "Difficulty Based Bonus" of .00000001% of Difficulty represented in MH. Current holders of BMMO need not do anything, you will automatically start receiving the bonus next Sunday. We are rapidly expanding our GPU operations, exploiting our cool climate and extremely low energy costs for one last hurrah to our GPU days, preparing us for what comes next. Once the new technology is proven and the market has stabilized we will make a move into such technologies. We will also lower our fees due to falling operating costs relative to BTCUSD. Starting next week our fees will decrease from .0015 to .0012 per share for the foreseeable future. Further announcements will be forthcoming before we release any new bonds for sale on GLBSE. I will accept private offers via PM from anyone interested in 1000 units or more that wishes to join us in this expansion. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on July 29, 2012, 06:10:02 PM Dividends paid!
With the new dividend structure we paid out 1.01866391 mhash per share for a gross dividend of .00387092 minus our fee of .0012, we paid a net of .00267092 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on August 05, 2012, 04:42:22 PM Dividends paid!
We paid out 1.02036671 mhash per share for a gross dividend of 0.00357128 minus our fee of .0012, we paid a net of 0.00237128 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on August 12, 2012, 07:54:50 PM Dividends paid!
We paid out 1.02036671 mhash per share for a gross dividend of 0.00357128 minus our fee of .0012, we paid a net of 0.00237128 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on August 19, 2012, 06:27:25 PM Dividends paid!
We paid out 1.02190865 mhash per share for a gross dividend of 0.00327011 minus our fee of .0012, we paid a net of 0.00207011 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on August 26, 2012, 05:02:18 PM Dividends paid!
We paid out 1.02190865 mhash per share for a gross dividend of 0.00327011 minus our fee of .0012, we paid a net of 0.00207011 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on September 02, 2012, 06:19:11 PM Dividends paid!
We paid out 1.02440643 mhash per share for a gross dividend of 0.00297078 minus our fee of .0012, we paid a net of 0.00177078 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on September 09, 2012, 05:24:26 PM Dividends paid!
We paid out 1.02440643 mhash per share for a gross dividend of 0.00297078 minus our fee of .0012, we paid a net of 0.00177078 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on September 16, 2012, 07:51:14 PM Dividends paid!
We paid out 1.02694048 mhash per share for a gross dividend of 0.00267005 minus our fee of .0012, we paid a net of 0.00147005 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on September 23, 2012, 10:13:57 PM Dividends paid!
We paid out 1.02694048 mhash per share for a gross dividend of 0.00267005 minus our fee of .0012, we paid a net of 0.00147005 per share. teek Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on September 24, 2012, 02:42:21 AM By the way, nice avatar. And thanks for doing a great job :> I still have 3775 shares of these. thanks usagi! Title: Re: [GLBSE] BMMO - BlockMiners Mining Operations - 10+ GH/s -EXPANSION NEWS! Post by: teek on September 30, 2012, 10:47:03 PM Dividends paid!
We paid out 1.02864141 mhash per share for a gross dividend of 0.00257160 minus our fee of .0012, we paid a net of 0.0013716 per share. teek Title: Re: BMMO - BlockMiners Mining Operations Post by: teek on December 08, 2012, 05:47:30 PM I have received a list and a few updates to the list for BMMO from Nefario.. I am still looking at everything, please give me a few days to review all available information and propose a plan moving forward.
thanks teek Title: Re: BMMO - BlockMiners Mining Operations Post by: Factory on December 31, 2012, 05:15:05 PM I would really appreciate an update on were BMMO stands.
Title: Re: BMMO - BlockMiners Mining Operations Post by: teek on December 31, 2012, 08:28:42 PM BMMO will be paid out. We have crunched the initial numbers.. I will try to get the claim process going this week, ideally its wrapped up by the end of the month.
teek Title: Re: BMMO - BlockMiners Mining Operations Post by: illpoet on December 31, 2012, 09:24:21 PM nice good to hear it!thx for the update
Title: Re: BMMO - BlockMiners Mining Operations Post by: Factory on January 01, 2013, 06:49:33 PM BMMO will be paid out. We have crunched the initial numbers.. I will try to get the claim process going this week, ideally its wrapped up by the end of the month. teek Thank you for the update. Title: Re: BMMO - BlockMiners Mining Operations Post by: zapeta on January 31, 2013, 03:09:37 AM So, it's the end of the month and the payout has yet to happen. Can we please get an update?
Thanks! Title: Re: BMMO - BlockMiners Mining Operations Post by: teek on February 01, 2013, 04:17:59 PM Hi guys. Yeah I apologize, I intended to do up a claim website and have some automated verification of signed messages etc and I just never had the time to get it going, and the month is already gone, ugh.
I know you guys are all waiting.. Please expect an email this weekend to the claim address you have on file. We will require a signed message from the bitcoin address your claim is attached to, relinquishing control of any shares that address is entitled too in order to receive a payout. If you do not know how to do this, if you are using the satoshi client you can just goto file > sign message > select your claim address, put your message in, and click sign.. There is lot's of info on how to do this on the web if you are not familiar. teek Title: Re: BMMO - BlockMiners Mining Operations Post by: camolist on February 02, 2013, 03:35:08 AM glad to hear things are moving.
only have a small number of shares but it's one of the last remaining past glbse listings to get cleared off my list Title: Re: BMMO - BlockMiners Mining Operations Post by: zapeta on February 28, 2013, 04:04:43 PM Any plans on finally wrapping this up?
Title: Re: BMMO - BlockMiners Mining Operations Post by: usagi on February 28, 2013, 04:46:23 PM Any plans on finally wrapping this up? BMF had over 3700 shares of this. I'd like to know what happened too :) Title: Re: BMMO - BlockMiners Mining Operations Post by: toffoo on March 13, 2013, 03:44:40 AM Bump.
The months are drifting by here. What's up? Thanks Title: Re: BMMO - BlockMiners Mining Operations Post by: teek on March 13, 2013, 09:28:07 PM Verified claims have been paid:
b81407023fb90e198bf5b00f5c26d4012b4584be5c3b4ae56463dc26659f14d2 4f82e9fe530fda820b155b131de82d3a0e8e67cc9380d779269ea970416d00b4 2c4cbc05417eaaa62966b02774c07b3011d05026ddeef97a1da58d3efdb47cb9 Guys, we do apologize for the delays and are still working with some of you to help verify your claims, this has been a little slow and tedious. Some people have questioned why our claims process requires the claimant to sign a message with the bitcoin address provided by glbse. This is basically for non-repudiation purposes, however if it is not possible, we will work with you to get the claim verified but in that case it will not be possible to send payments to any other address than the one that was provided by GLBSE. thanks teek Title: Re: BMMO - BlockMiners Mining Operations Post by: nonlinear on March 13, 2013, 11:46:18 PM Verified claims have been paid: b81407023fb90e198bf5b00f5c26d4012b4584be5c3b4ae56463dc26659f14d2 4f82e9fe530fda820b155b131de82d3a0e8e67cc9380d779269ea970416d00b4 2c4cbc05417eaaa62966b02774c07b3011d05026ddeef97a1da58d3efdb47cb9 Guys, we do apologize for the delays and are still working with some of you to help verify your claims, this has been a little slow and tedious. Some people have questioned why our claims process requires the claimant to sign a message with the bitcoin address provided by glbse. This is basically for non-repudiation purposes, however if it is not possible, we will work with you to get the claim verified but in that case it will not be possible to send payments to any other address than the one that was provided by GLBSE. thanks teek How many months of operations does this payout cover? Doesn't seem big enough to cover last September until now. Title: Re: BMMO - BlockMiners Mining Operations Post by: teek on March 14, 2013, 12:22:33 AM How many months of operations does this payout cover? Doesn't seem big enough to cover last September until now. It covers from when GLBSE went down (pre block reward halving) to date, using the exact same math that has always been used, it has been triple checked before we sent it out. teek Title: Re: BMMO - BlockMiners Mining Operations Post by: msm595 on March 14, 2013, 12:29:12 AM I believe I verified my address at 1M188~, but I haven't received any confirmation about it.
Title: Re: BMMO - BlockMiners Mining Operations Post by: cheapster on April 05, 2013, 01:27:04 AM Hi, is there any update on teek.a shares? I have verified my claim but I suspect it won't ever be paid out.
Title: Re: BMMO - BlockMiners Mining Operations Post by: cheapster on April 09, 2013, 05:37:45 AM Hi, is there any update on teek.a shares? I have verified my claim but I suspect it won't ever be paid out. My claim was honored. Sorry for taking up space here. Title: Re: BMMO - BlockMiners Mining Operations Post by: gewure on June 01, 2013, 04:38:01 PM i have shares to claim.. alot ^
|
