how do you calculate for risks of one man show vs team effort? you know, if a motherboard blows in a 1 rig show, it's party off. if a mobo blows in a cluster, it's 90 % availability. or in other words, how many team members can be hit by a bus for the company to continue to work? if zero, we have a problem.
last week you advertised gpu mining, now you say something else. keeping in mind that none of the sellers has them on stock or does batches of 10 cards where do you fit here?
I will have two PC's available to run the three 'BFL Singles' and I'm training a friend to take complete control of the show from me.
|
|
|
so those who bought at 0.40 and 0.50 have wasted their money ? since now its back to 0.30
If they did and can prove it then I will personally but those shares back at that value once I get paid in three weeks. As it wouldn't have been many as I've been checking the boards. No one bought at 5BTC tho. Anyway there still in to a massive long term profit if you look at this thread - https://bitcointalk.org/index.php?topic=66570.0you will personally what ? buy those shares back ? if so i bought 4 shares at 0.48990 couldn't buy at 0.50 as some where trying to get out. also bought 34 shares at 0.40 btc each will wait 3 weeks so you can buy them back OK Sen no problem will be about 3 weeks on Wednesday until I have the funds. Thanks for investing
|
|
|
No problem, mind if I contribute here, I kind of feel like doing a bit of analysis today...
Yes please do the unless your just completely bigging yourself up or just devaluing others. You can do that if you have good honest hard facts tho. So please go ahead and add. The more we enlighten potential GLBSE investors the better for all listed company's.
|
|
|
so those who bought at 0.40 and 0.50 have wasted their money ? since now its back to 0.30
If they did and can prove it then I will personally but those shares back at that value once I get paid in three weeks. As it wouldn't have been many as I've been checking the boards. No one bought at 5BTC tho. Anyway there still in to a massive long term profit if you look at this thread - https://bitcointalk.org/index.php?topic=66570.0
|
|
|
'Tis alright, just don't want people to forget me...it makes me feel lonesome... I just copied it from another thread and you weren't listed that's the only reason I forgot. I actually have a share in you only one but it pays Just thought this would be good information for people to see instead of it being lost in another thread.
|
|
|
BMMO: Current mining power per BTC: 2.80Mhash/BTC
MerdegMining: Current mining power per BTC: 2.25Mhash/BTC
TyGrr: Current mining power per BTC: 2.66Mhash/BTC
The two latest start-ups.
Bitcoin Syndicate: 2MHash/s per BTC invested or 0.5MHash/s per Share
RSM: 4.16MH/s per BTC invested or 1.32MH/s per share
Ahem... JLP-BMD: 4.19 MH/s per BTC spent or 0.514 MH/s per share RSM mines on ASIC/FPGA boards so electricity costs are minimal.
|
|
|
BMMO: Current mining power per BTC: 2.80Mhash/BTC
MerdegMining: Current mining power per BTC: 2.25Mhash/BTC
TyGrr: Current mining power per BTC: 2.66Mhash/BTC
The two latest start-ups.
Bitcoin Syndicate: 2MHash/s per BTC invested or 0.5MHash/s per Share
RSM: 4.16MH/s per BTC invested or 1.32MH/s per share
Ahem... JLP-BMD: 4.19 MH/s per BTC spent or 0.514 MH/s per share Sorry dude
|
|
|
BMMO: Current mining power per BTC: 2.80Mhash/BTC
MerdegMining: Current mining power per BTC: 2.25Mhash/BTC
TyGrr: Current mining power per BTC: 2.66Mhash/BTC
The two latest start-ups.
Bitcoin Syndicate: 2MHash/s per BTC invested or 0.5MHash/s per Share
RSM: 4.16MH/s per BTC invested or 1.32MH/s per share
I've try to present the basic facts but you should know I'm the CEO of RSM
|
|
|
I ordered one last Friday via PayPal and they still haven't got back to my email from Friday about shipping dates and import costs to the UK
|
|
|
The share price will change at 00:00 UTC back to 0.3BTC unless they are any major objections. The new plan to purchase 3 'BFL Singles' will generate around 2.5GH/s which is about 55BTC a month between 1900 shares minus £35 of electricity first.
|
|
|
I may issue another 900 shares (1900 in total) and drop the share price back to 0.3BTC. This would value RSM at 585BTC and raise 570BTC as I will be keeping 50 shares for setting the company up, running the company and paying the first months electricity bill . 570BTC at the current exchange rate would raise around £1750 thus enabling us to purchase three 'BFL' singles 832MH/s@80W (at £450 each + £100 import duty) and buy RSM it's own dedicated low power PC to run the 'BFL' singles. This would take the company's mining power to 2.5GH/s
The very first plan to get two Radeon HD 7970's would have been giving shareholders 1.25MH/s per share or 4.16MH/s per BTC invested. I am now offering 1.32MH/s per share and 4.27MH/s per BTC invested BUT also at a massively reduced electricity costs. The old plan with the two Radeon 7970's would have produced 1.25GH/s for nearly £60 a month of electricity costs. The new plan with three 'BFL' singles will produce 2.5GH/s at £35 a months electricity cost's. So not only has the the MH/s per share and MH/s per BTC increased the profit in that increase is greatly raised too due to increased MH/s and reduced KW/h.
The CEO salary of 1% of profits or 1BTC a month which ever is greater is going to be used by RSM to buy the company's own shares back for the company.
So I know we have had a lot of changes but they have all been for the better, plus I didn't know if the 'BFL' singles were real. If no one massively moans I'll change to this plan. If no one want's any more major share purchases then I'll buy them all over the coming months (already bought nearly 200). The first BFL single was ordered last Friday (24/02/12). It will take six - eight weeks delivery.
|
|
|
I don't think Bitcoin could kill off banks totally. Holding all your funds on your hard-drive is not safe due to malware, viruses, hackers, hard-drive errors and your hard-drive dying. So there will always be a call for a central place's to store wealth. Once these centres/banks have all these deposits they can lend it, invest it and so on. So Bitcoin does not mean the end of banks or central reserves.
|
|
|
Maybe your PC overheated and shut down?
|
|
|
i'm getting 5 now but still , not that much , my processor is a amd anthlon x4 . Yeah im running windows , if i dual boot will it run better?
You can install and remove *buntu using Wubi - http://wubi.sourceforge.net/ like any other Windows program so you don't have to partition your hard-drive. Just choose Lubuntu before you install as it's the lightest. All versions of Ubuntu are a lot lighter on resources and Xubuntu is my favourite. If you really want to push it login into Openbox desktop and make sure you have no programs running in the background. Your also a lot less likely to loose your coins due to malware and viruses using any *nix OS.
|
|
|
Different rates I think between BTC and LTC and do you use Windoze if so it's probably hogging all your resources. I use Lubuntu which is very light on resources and get over 4KH/s per core even when using my PC to browse and listen to internet radio, then get up to and over 6KH/s per core when I shut everything down using a Pentium D. Also are you using the dedicated 'cpuminer' or just the default one that comes with the wallet as 'cpuminer' get's better results.
|
|
|
How many places are left.
Well I just counted out of our 274 current users how many had a profile picture and filled in their profile and only 33 had so there is over 160 places left with a chance to win Most people are not willing to share so much personal information as you're "demanding", not even for a prize. You either cut back the personal information amount requested, or i'm sure the users you have now will just delete their accounts, and you'll be looking at a void that will never be filled. You can join anonymously, use any profile information you want and add any profile picture you want. There is no real names policy and you don't have to provide a 'ASL'.
|
|
|
sweet i got a amd athlon x4 , no graphics card that is any good , so should i stop mining for btcs and go for lite coins then convert or what?
Yeah you will probably make a lot more $ CPU mining for LTC with any CPU then GPU mining for BTC unless you have a very powerful GPU.
|
|
|
https://btc-e.com/ the rate against BTC has been dropping recently but the difficulty for LTC is very low. You can make over three LTC a day on a Pentium D !
|
|
|
How many places are left.
Well I just counted out of our 274 current users how many had a profile picture and filled in their profile and only 33 had so there is over 160 places left with a chance to win
|
|
|
Kool an easier way to view '.bit' domains is a very good idea
|
|
|
|