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I have a brand new, sealed in-box Xbox 360. It is the 4GB version that comes with one controller.
I already have 2 in the house, do not need a 3rd.
Looking to get 55 BTC, includes shipping. Domestic USA only.
UPDATE: Xbox has been sold.....thanks for the inquiries!
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Before I post it on Ebay, figured I would offer it to the forum.
Was used for 3 months at factory clock.
All original packaging included.
Looking to get 28 BTC, which includes shipping. Will only ship demestic USA.
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For everyone's information, you'll earn an average of about 4.44 BTC if you buy this and the difficulty stays the same.
Given the projected difficulty increase, I personally wouldn't buy this, but I can see why someone would.
You hit it on the head.....whoever purchases this contract will be speculating on luck and difficulty. |
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Would be better if you allowed your farm to mine at a pool of the purchaser's choosing.
I've sent you a PM asking about this, and you've never responded.
Sorry if we lost your PM in the suffle. We recieved a ton of PMs ever since we started offering contracts.....I try to respond to them all. We are not willing to point the miners at a different pool as it would be very time consuming. We maintain 3 locations with nearly 30 miners.....changing all the settings would be just too much trouble. We appreciate the interest. |
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Looking for someone who wants to rent out some serious hashing power.
30 day term, 13,000 MH/s garaunteed, peak speeds are higher.
The price is 360 BTC, which is just slightly below the expected pay-out at current difficulty.
As I see it, the buyer would be making a bet on luck and difficulty. If they get lucky, and if difficulty drops during the contract, good money could be made.
Let me know!!
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Closed the books on November last night, and once again we had our best month yet!
Production (in BTC) 315.11
Operating Expenses (in BTC) 90.50
Free BTC available to shareholders 224.61
The dividend payment for November will be sent out to shareholders of record no later than midnight tonight, EST.
Our goal for December is to produce 350 BTC.
Our existing expansion plan is nearing an end. We are around 90% of what is possible, and we will probably be unable to make it to our initial goal of 15 GH/s. However, it does seem likely that we can top out around 14 GH/s.
During the month of November, our major upgrade was swapping out 5x 5770's for 5850's. We were able to aquire the 5850's for a very competitive price, and will spread the expense of those cards over the next 6 months of financials.
If you are in the market for some lightly used 5770's, let us know!
We added one shareholder during the month, and are glad to have them on board. Please contact us if you would like to become a shareholder as well.
Hi, Just saw your post.I'm just looking around for the best price on an HD5770 GPU.I'm just interested in how much these will sell for from you compared to say other online shops.The reason I ask is if I need a spare GPU in future (to complement my HD6950) or as a fallback GPU (because the current PSU in my system can't cope with my HD6950 being so heavily OC'd and shuts itself down/freezes when overloaded.If I can find a good price on an HD5770,used I can continue mining until I make enough for a new PSU as a good PSU costs over £150 in UK=~$280 I think) What would you be selling those HD5770 cards for? How much would they be in UK £ sterling plus shipping to UK (if from US/overseas)? What performance can I expect from this GPU (HD5770) and what is the best OC that could be achieved in your experience without crashing? my HD6950 gets me 402 M/hashes (anything above that and PSU freezes my PC due to overloading) Thank you PM me and we can talk about the 5770. I got just over 200 MH/s on each of them. |
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Closed the books on November last night, and once again we had our best month yet!
Production (in BTC) 315.11
Operating Expenses (in BTC) 90.50
Free BTC available to shareholders 224.61
The dividend payment for November will be sent out to shareholders of record no later than midnight tonight, EST.
Our goal for December is to produce 350 BTC.
Our existing expansion plan is nearing an end. We are around 90% of what is possible, and we will probably be unable to make it to our initial goal of 15 GH/s. However, it does seem likely that we can top out around 14 GH/s.
During the month of November, our major upgrade was swapping out 5x 5770's for 5850's. We were able to aquire the 5850's for a very competitive price, and will spread the expense of those cards over the next 6 months of financials.
If you are in the market for some lightly used 5770's, let us know!
We added one shareholder during the month, and are glad to have them on board. Please contact us if you would like to become a shareholder as well.
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Just wanted to give a quick update as we close in on the end of November.
We have produced just over 300 BTC so far in November, with 2 days left in the month. Our expenses were up a bit, but we should still have very healthy profit growth.
Looking forward to the dividend increase on December 1!
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I would like to be an investor in this company.How many shares left and at what price?
We are willing to sell another 143 shares to investors. The price is 8 BTC per share. Just PM us, or write us at Bitcorpmining@gmail.com. |
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How things are going?
Things are going great this month. Thanks for asking! We have averaged over 12,000 MH/s for the entire month so far, and are well on our way to producing over 300 BTC. We are going to do some small tweaks over the next few weeks, and hope to push our hashing speed to 13,000 MH/s. |
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Hey all,
I realize I will get some crap for this.....but what is the best program to overclock some 5850's?
I just picked up 5 on the cheap, and the most I can get out of them on MSI Afterburner is 775 MHz. They are XFX brand.
My Saphirre 5850's have no problem hitting 900 MHz. Am I doing something wrong? Do XFX not go higher than 775?
thanks!
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What would be the right price in your mind?
This is going to sound like a copout but I don't know.  The issue may be that for me any return high enough to warrant the risk makes the business plan nonviable. I believe this is currently freezing up a lot of capital in bitcoin economy. Still if I had to guess lets compare it to me buying another mininig rig. If I were to build a new miner. Say 4x 5970s, 1500W powersupply, cheap MB, CPU, RAM usb drive running linuxcoin, open frame rig ... ballpark. 2.8GH costing $2800. After electrical costs ($0.10 per kWh) I would net at current difficulty & price 30BTC or $150 a month giving me a monthly return of 5%. So I could buy shares from you returning 1.25% per month or buy my own rig returning 5% a month. Now obviously difficult may increase and/or price may drop but if it does it will affect my profitability equally if I own a rig or own shares so for now lets just assume the difficult/price relationship remains solid. Now there are some difference between me owning/running my own rig and owning shares. 1) w/ shares I don't need to do anything. 2) w/ shares I don't need to devote space/heat/noise to the venture. 3) w/ owning a rig I have material ownership of the assets (I can sell parts on ebay for partial return if things go south) 4) w/ owning a rig I have no risk of fraud. Honestly I don't think the pros of shares outweigh risk of shares but lets say an investor considers them equivalent that would put fair return @ 60% annually. The company wouldn't need to pay all of that as a dividend as long as it has a plan to build out capacity but I would want to see at least half that as a dividend. So 30% would be the minimum for me (personally) to consider it. Given the higher risk I think it would take a return of 40%-50% before I would consider it. Hey there, I was wondering if the drop in BTC/$ has changed your opinion in valuing the shares? I don't think you could build a rig from scratch now and garner a 5% monthly yield. Just wanted to re-visit now that the parameters have changed a bit. BTW, we are raising our dividend to .125 BTC per month on Dec. 1. That will make the yield 18% annualy. |
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We have closed the books on October....here are the numbers:
Production: 187.56 BTC
expenses: 66.00 BTC
Free BTC flow: 121.56 BTC
I will update these numbers on the front page as well.
The drop in difficulty has sent our production way up.....November is off to a GREAT start. We have a couple more GPU's that we can add once we find an open PCI slot....but after that we are probably close to maxing out. Unfortunately we learned that we are running on 20 AMP breakers, so we are limited on how many machines we can place on each circuit.
The good news is with 12-14 GH/s, we can mine a whole lot of BTC.
Anyone interested in purchasing some shares, get in touch with us. We would love to have a few more people on board.
Whats to stop you from dropping in another breaker and a few feet of good wiring? Do it yourself and get an elec friend to sign off on it. ;p Or, don't tell anyone and save a few bucks, though I don't recommend that method. We looked into it....but the maintenence guys said it would take a lot of work (ie, money) to do. We would have to pull all new wire a significant distance from the breaker room. At this point, it just did not pencil unfortunately. |
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We have closed the books on October....here are the numbers:
Production: 187.56 BTC
expenses: 66.00 BTC
Free BTC flow: 121.56 BTC
I will update these numbers on the front page as well.
The drop in difficulty has sent our production way up.....November is off to a GREAT start. We have a couple more GPU's that we can add once we find an open PCI slot....but after that we are probably close to maxing out. Unfortunately we learned that we are running on 20 AMP breakers, so we are limited on how many machines we can place on each circuit.
The good news is with 12-14 GH/s, we can mine a whole lot of BTC.
Anyone interested in purchasing some shares, get in touch with us. We would love to have a few more people on board.
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I'm not an investor here, but it's refreshing to see (what seems to be) a legitimate mining company doing well. I know you got a lot of flak in the beginning, but i haven't noticed any other qualms and you continue to update.
Good work!
Thanks you for the positive vibes! |
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With only 12 hours left in the month, we are able to give preliminary numbers for October.
Production: 189 BTC (estimated)
expenses: 66 BTC
Free BTC flow: 123 BTC
We will finalize these numbers either tomorrow or Wednesday, but these estimates will be very close to the final tally.
Now for more exciting news....
With the recent drops in difficulty, and the fact that we have recently surpassed 12,000 MH/s, BitCorp will most likely produce over 300 BTC in November. Given that our expenses will stay relatively stable, we will have significant room to increase the dividend. It is our preliminary plan to increase the payout by 25% to .125 BTC per month. This makes the annual yield on the shares equal 18%. Not too shabby.
October dividends on .1 BTC per share will be sent out within the next 24 hours to shareholders of record.
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I want a week 11000 MHashes for 55 BTC today's price!
I am booked until at least November 7th. Send me a PM. |
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Hey all....just wanted to give a heads up that I added to the original post. Pricing has changed due to difficulty drops as well as hashing power increases.
thanks!
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well, the numbers are in and i just got a touch over 160 btc.
contract price: 150
contract length: 30 days
return: 160.51
R.O.I. 7%
annualised R.O.I. 128% p.a. (put in $1 and get $2.28 a year later)
so, compared to a standard bank account this is really great, but compared to my earlier luck with the 7-day contract (9700% p.a. ROI) it's been really disappointing.
yochdog cites the deepbit issues as the main reason for the low-ish outcome.
i was hoping the 2 difficulty drops would really increase the payouts, but it didn't have much effect.
You are correct....the Deepbit outage was brutal. Not only did it cause mining stoppage for a prolonged period, it wreaked havoc on my miners and I had to go restart many of them manually. I am glad you still made a good return, but apologize that it was not as much as before. I guess using pools will always run that sort of risk, but still disappointing. Thanks again for the business! |
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