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I imagine that Nefario will only be sending out lists once. That means everyone needs to provide GLBSE with their information before the list can be sent. There are probably people who had accounts and forgot their login or other strange issues that will need to be worked out first. Just be patient. Things are very much in motion and exciting developments are on the way that will greatly please fans of this operation.
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Did you receive any coins, OgNasty?
Yes. |
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Any news from GLBSE on your end Nasty?
Nope. |
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ozcoin has been down for something like 24 hours now. Not sure if we're still mining there or not. Just wanted to point that out.
Thanks for the heads up. I noticed this yesterday when I checked the rig and saw 4,000 rejected shares. I switched over to deepbit/mtred temporarily. I'll upgrade to the latest cgminer today and see if I can get it setup better. Seems the auto switching to another pool isn't working correctly for some reason. |
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Perhaps I'm doing doing something right... But it seems like when a pool goes down, cgminer just keeps submitting stale shares to the pool instead of switching to a backup, despite having it set to do so.
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Nasty do you have any plans on how you are going to handle payouts?
The only comment I can make at this time is to have faith and rest assured that I have been busy. |
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if GLBSE does not give out any info on who own what before the first ASICs ship.... you can't do anything about it
True. I am currently operating under the assumption that I will be made aware of who owns what. |
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Really hope we have a new way to trade shares and receive dividends before the first ASICs arrive.
You will. |
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do you have a list of shareholders and number of shares?
No. |
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Didn't you say at one point... like weren't you were privately handling not-held-in-GLBSE shares for someone and directly paying dividends?
No.
I'm assuming you withdrew all the IPO funds already, and as such, any money paid into GLBSE ticker "NASTY" is actually already in-play for hardware?
Let's hold off on making assumptions until more information is released. |
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GLBSE user funds are more or less safe, but I have bad news from the GLBSE shareholder meeting.
Nefario has, without a shareholder motion and in violation of the bylaws and GLBSE ToS, decided to close down GLBSE. Users will be able to collect deposits only after submitting identity info. A similar system to the one that Goat was forced to use will be provided so that assets can be traded elsewhere.
He is also illegally using user deposits to pay for his lawyer. If he continues, the GLBSE cash reserves (which I manage) will not be enough to cover costs and GLBSE will be in debt to users.
I'm very sorry about this, but those shareholders who are sane are helpless against Nefario and the insane shareholders who for some mind-boggling reason think that closing down GLBSE in this way will help both themselves and GLBSE users.
Since Nefario refuses to give complete details about his legal concerns and he has been acting strangely, I feel that it is somewhat possible that Nefario is working under some sort of plea bargain and is gathering IDs for future prosecution.
This is concerning... |
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What is the correct way to include the "-S COM2" command in the config file?
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I don't want to speculate on anything until I've seen the announcement on Saturday.
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Giga has a proven track record of delivering exactly as promised for 6 months.
What exactly happened with your dividend on September 15th? Why was it so low? Overdelivered?
1) I've been delivering regular dividends on GLBSE far longer than Giga. 2) This is a real mining operation. The 9/15 dividend was a result of real world factors. |
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I just thought I'd point out that gigamining shares are not backed by enough hardware to provide the claimed hashing power per bond. Gigamining shareholders are buying debt that is tied to difficulty, nothing more. NASTY is a real mining operation and shareholders own the equipment that backs the dividend.
As far as Bastone's constant digs at why I don't want to put up a motion to alter the contract. I underpromise and overdeliver. So while NASTY shares will be backed by more shareholder owned hashing power than claimed, gigamining is backed by less hashing power than is listed in the MH/s per share claim and shareholders don't own it.
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Pictures?
I can provide pictures if necessary. I'm a trusted trader with plenty of references though and I think we all know what an iPhone is. This one is in great condition and works perfectly with iOS6. I also kept the original box and all materials. |
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Yes please OgNasy take back over. I only was able to buy into Merged about a month ago because relativaley speaking Nasty was too expensive entry price.
If you did would you be folding into Nasty? or would you stay seperate?
If I were to take this back over, I would put up a motion to turn this into a bitcoin mining investment fund instead of a mining operation. I would arrange a share swap with NASTY to give MergedMining some immediate income and give NASTY ownership exposure to other mining operations. This would require passing motions from both sets of shareholders. MergedMining would then act as the investment arm for NASTY, so growing the portfolio's holdings would be the #1 goal. I would also set aside funds from the sale of MergedMining's equipment to put up buy orders for those who want to sell their position. I think I would be able to provide the most transparent investment fund on GLBSE with a real time automated display of the fund's holdings and NAV displayed right on the thread. I think this would give shareholders far more value than the proposed dividend plan. |
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I would also like to explore the possibility of keeping MergedMining running in some fashion.
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