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is it possible to use cointerra rigs to mine other sha-256 altcoins?
i'm guessing we would have considerable % of total hashing power if we did?
Yes it is, I have done this with FPGAs before  is it possible to mergemine all the altcoins together? or is this already being done? |
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is it possible to use cointerra rigs to mine other sha-256 altcoins?
i'm guessing we would have considerable % of total hashing power if we did?
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How did I forget the growth fund? Did you get your share of 11btc or 5.5?
I mean the ~30%? that goes towards hardware reinvestment, not cog.f/2 |
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So where am I epically failing in my math at 500ghs we should be making 12.54207757 per months at current difficulty. I am pretty sure our combined hashrate is over 500ghs. You paid out about 5.5btc so that would put the total div at about 11 BTC. So according to my simple math you paid out less than a months divs at the current difficulty. The diffusivity has been lower than now over the last 2 months so how the hell did we make less than a month worth of divs at current difficulty over the last 2 months at a lower difficulty?
So I'm guessing you forgot to account the growth fund? I think that just straight buying ASICMINER shares might be a good idea...they seem to be SEVERELY undervalued at the moment (alongside COG) and they are literally sitting on ~8000 BTC worth of capital just waiting to be reinvested They have the lowest claims of <0.3W per GH/s, with ~40-50nm chips, so their design must be insanely efficient (I'm not an expert on chip design). They have been the most reliable security in the bitcoin space, and have reliably delivered...every time. I would like to put out the idea to buy up all Havelock AM1 shares under 0.35 BTC... It seems like a better bet than CoinTerra, TerraMiner, or HashFast, considering they apparently are reporting delays too. btw: I'd like to know how much unused capital we have from COG.F funding and COG.F2 funding, considering Avalon refunded etc. |
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BASIC: Incorrect. No information from creativex as of yet. People are suggesting a runner. COGNITIVE: Incorrect. He has moved COG to Havelock, and is planning to move COG.F and COG.F2 and FIMB to Havelock as well. |
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I'm starting to wonder if the private group that noone is allowed to join is another joke...
A lot of people have their membership request pending. Who has been accepted in the private group?
I have. If the delays continue I'll set up another one. I signed up on day one of this "private group" still not involved in it..im beginning to think this is a sham please go ahead and set one up here here |
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COG.F and COG.F2 are not listed yet, and will be online later this week.
Cheers,
Garrett
Will FIMB also be online at Havelock? |
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invite to the group please  |
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Everyone is talking about the COG.F2 fund what about the COG.F1 fund wasn't the shares from there suppose to be converted to regular Cognitive share upon arrival of the bfl hardware?
They will be converted at a 1:1 ratio to COG.F2. You can search Garett's posts from ages ago |
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I thought issuers had to verify identity with btct higherups in order to create a security?
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I cannot login either, nor bitfunder. Any news?
BitFunder says CloudFlare for me i.e. a DDoS? or too much load? |
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Both BASIC-MINING and COGNITIVE have no news update regarding share transfer.
at least garret exists |
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weexchange.co has the worst possible fucking interface
and google authenticator doesnt even work - locked me out of my own account
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Could someone explain how DMS.SELLING gets their dividends paid out (in layman's terms or via an example)?
I've already read the contract.
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I think most people understand what they're getting into - it's just that BTCT's dividend yield estimates are misleading because they're basing the yields on current prices - not at IPO.
Taking into account the falling price, I think most PMB's probably have a yield of 30-40% max in contrast to securities such as B.YABMC where BTCT estimates 172% yield, based on current prices
I actually thought DMS.MINING would return at least 100%, and I think that most people think that PMBs would return at least 100%.
At this moment DMS.MINING sells for 0.013417. If future average difficulty rise will be lower than 15%, DMS.MINING will return 100% or more. The lower the average difficulty rise will be, the earlier you'll be profitable. If average rise will be > 15%, you lose. (This is only an example for buying price 0.013417) Yea I understand but it seems that nobody ever sees a return of more than 50% on PMBs unless the issuer happens to be very generous and increases hash rate (e.g. PAJKA.BOND) or a percentage of the dividends are reinvested into more hardware and the security holder sees returns on this as well (turns into more of a share or a fund than a "PMB") |
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from: https://bitcointalk.org/index.php?topic=223442.msg2555766#msg2555766...Who ever invented those nasty perpetual mining turds, was either a clueless fuck, who did not understand how bad it is for the investors or, he knew exactly! what it is and abused the nonexisting investing experience of BTC enthusiasts. PMB are dressed up nice indeed.  Let me break it down for ya'll so you can understand wtf you get yourself into. Lets say we have 2 guys. A and B. A wants to buy a bike so he can deliver newspapers. He ask you (B) for a loan. Once more, bond is a loan and principal investment must be returned. He tells you: 1) Give me a loan but I have no obligation to pay you back what you gave me or in other words - I will stretch this loan out forever and will not guarantee you get back you money. I'll try to do my best so it won't happen. 2) I will make weekly (or what ever) payments but those payments are not fixed and can float up or down, depending how many papers I managed to deliver riding this bike. Bike I bought with your money. BTW. if I say home and sleep, you get nothing. 3) The road is one way and endless. It's mostly up the hill pedaling. Higher I get, slower I move and less papers deliver. BTW, there will be fewer and fewer houses too. One more thing... I'll deduct the cost of sandwiches and water from the earnings and keep some of the earned coin for my self. Now, do you lend me the money to buy that bike? PS! There will be other bikes on that road. Some have motors and "paper cannons". I think most people understand what they're getting into - it's just that BTCT's dividend yield estimates are misleading because they're basing the yields on current prices - not at IPO. Taking into account the falling price, I think most PMB's probably have a yield of 30-40% max in contrast to securities such as B.YABMC where BTCT estimates 172% yield, based on current prices I actually thought DMS.MINING would return at least 100%, and I think that most people think that PMBs would return at least 100%. |
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Does this mean that DMS.SELLING is a very attractive security at the moment?
I just bought >200 DMS.MINING because I thought it was undervalued at 0.004 per MH/s but it seems now that the future profitability of all bitcoin mining operations seems very dull
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Perhaps they shouldn't be investing if they don't know what they are doing  They do not know, this why we should help them , because they are the future of BTC. We should do something to stop those greedy people destroying people's faith in BTC. +1 Many people are not aware of the idea of PMB. Made some effort on it , let those greedy people disappeared in this forum. Are you not greedy/self-interested for not wanting to lose money? |
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0.04 with only a 18 BTC total buy wall
BFL better deliver...
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