A dividend of 5.457 BTC has been paid.

I purchased the shares I own on the open market, just like everyone else.  It's nice to have some "skin in the game."

In case anyone missed it.  Yes, that is a big "if" but as I type this our Public Worker is getting 1,175mh/s.  Thanks slush!

GPUMax.com seems like it might be a good way to do this.  What do you think?

This is what I had in mind.  The hope was that shareholders would each put a little bit of their hashing power toward the public worker.  I take no payment for running this company, and don't want to ask for *cough* donations to the address in my signature *cough*, but thought this could be a good way for us all to benefit in the form of increasing the value of our shares and dividends.  Basically, if shareholders think this is a good company and think I'm doing a good job running it, send a few mh/s to the public worker and let us all benefit from each other's generosity.

Nice.  I wondered who was throwing a gh/s at the public worker.  

Don't forget we're mining NMC too.  Also, if multiple users are donating a little power, one user dropping out shouldn't have a huge impact.

This might be a longshot, but I thought I would make the option available in the event shareholders wanted to unite their hashing power to increase company profits...

If you would like to donate hashing power to MergedMining, you can now point your miner to our Public worker. 

Pool URL: http://api.bitcoin.cz:8332
Login: OgNasty.Public
Password: Donate

Fundamentals aren't the problem with bitcoin.  It's awareness, which gets better by the day.

Thanks!

+1 tgmarks

Bought a $15 gift code and tgmarks sent code first.

Excellent.  I'm on the list.   

This sounds like a great idea, but I'm wondering how "hands on" it will be for miners.  Will there be some kind of option to set a %, for example, set the PPS amount you're willing to accept as (whatever pool) current rate +10%?  I'd hesitate to use the service if I had to keep track of what the going PPS rate was and adjust after every difficulty change.

Unfortunately, this is normal.  The GLBSE could use some stability improvements.  All you can do is wait for it to come back up.

You're welcome.  I've listed 500 shares for sale at the lowest ask price to raise funds for future hardware purchases.  I will leave these shares for sale until A) they're sold B) the BTC price falls to where this is no longer beneficial for current shareholders.

With our new capacity online and running stable, I think now is a good time to announce a 25% dividend increase.  The increase will go into effect beginning with a 5BTC 0.001BTC/share January 7th, 2012 dividend payment.

I read an article recently that said you should keep 0.5% of your net worth in bitcoins.  For the average homeowner with a 401K and a good job, I think this is reasonable.

Thanks.  I got a good deal on some granola bars.   

I'll offer 1.5BTC.

At first look I would agree with you.  However, you are underestimating the value of cheap electricity as well as being able to generate BTC without the hassle of running a mining operation.  Those are two rather large benefits that allow this company to trade at a premium to a "do it yourself" BTC mining operation.  Also, the .0008 you referenced is the current dividend rate which may be increased and not the actual earnings per share, which inflates the real payback length.  



Hash speed was just increased by >20% yesterday.  Patience young Skywalker.

The 5000 shares are being held for many reasons, including additional hardware purchases.  This number could increase or decrease depending on opportunities that may arise.



+1

A dividend of 4 BTC has been paid.  Happy New Year!

Down again?

The 5830 arrived and kept crashing our rig.  I've contacted the seller and am sending it back for a refund.  In order to make up for this, I purchased a 5870 off of craigslist and it is currently hashing away in our rig.  Everything seems stable at the moment and we're getting over 1.7gh/s.