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Hey guys,
just letting you know that I just had another surgery... The pain medication is making me sleepy all the time and I am having trouble focusing otherwise. I will be working on the next payment, but since I am having focusing issues due to the medication it might take longer,.. I don't want to make any mistakes.
Just a point about the maintenance fees. Since the price of BTC to the dollar has declined recently, maintenance fees are higher (in BTC) across the board, even with our GB. Here is an example:
When $/BTC = $500/BTC, a $130 electric bill = 0.26 BTC
When $/BTC = $450/BTC, a $130 electric bill = 0.28888888 BTC
When $/BTC = $335/BTC, a $130 electric bill = 0.3880597 BTC
As you can see, any maintenance fee based on a physical currency will consume a greater and greater percentage of earnings as the value of BTC declines in relationship to that currency. Add to this the fact that earnings from mining decline over time as the difficulty level increases - you get a double whammy on electricity and maintenance costs.
later...
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how do you feel about sites like zeushash undercutting your price?
They sort-of undercut SWMC's price, you have to order at least 500 GHS for a price of 65.9¢ - Otherwise they do not, but they do have hashing power instantly available... |
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10/31/2014 Payment has been made...  |
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I have tried to buy many times but the order never seem to complete. I will be posting a link to a Coinbase payment option soon, but I think we should open a separate thread for Counterparty and SWMCHEX questions, announcements, information and issues. |
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I have been slowly buying up swmchex on counterparty and would like to buy more, but there are none available at the moment. When will you be relisting some for sale?
Hi rdyoung, thanks for bringing this up... I just listed 1 PHS worth of SWMCHEX @ 0.001845 BTC/SWMCHEX (68.5¢ a GHS) on Counterparty. I am giving a 10% bonus for the first PHS sold. By the way, I have been working on the next campaign, here is what I can share with you right now. I have brokered a deal with Spondoolies for a special price on 5 PHS of SP35s which allows me to offer the 68.5¢ a GHS price. The price includes all setup fees and the maintenance/hosting fee is set at 9.5¢ a GHS per month. More info to come when I get the final details ironed out... James |
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Latest payment has been sent... |
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Bad news guys, we have a cube down again and it is the same cube that I had to repair previously, the connector has burned out again. Working on repairing it now...
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Issuing a payment shortly... Thanks for your patients! |
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Thanks for the update James. Good luck.
Appreciated! |
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Thanks davideak Posted From bitcointalk.org Android App |
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Hello again,
I have been running behind lately and I thought I owed you guys an explanation even though they are for personal reasons.
I've been to many Dr appointments over the last several months and have had a few surgeries. Nothing serious or immediately life threatening so I'm not going drop dead (crossing my fingers) and leave you out of luck with your Neptune earnings.
The last surgery left me unable to get around easily for awhile and I was in a lot of pain, but I am feeling much better now. I will get to sending out the next payment as soon as I can, I just ask for a little patients. I have a couple more medical issues to take care of this year including at least one more surgery (hopefully I will be able to hear it off my right ear once again after three decades of deftness on that side.)
Add the above with all the work I have been doing to get the HEX up and running and you can see why I might run behind now and again, how you all understand...
Thanks for being a great group of Bitcoiners!
James
Posted From bitcointalk.org Android App
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Thanks Bick for hosting this thread and the hard work it must take to maintain it.
... By the way, KNC is placed in its righteous place...
Posted From bitcointalk.org Android App
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By the way, all payments are issued from this address; 19JtXDLA39cm3LQ5YrpF15TkM2YvyPuTGd
You can check this address to see the amount that the next payment will be based on...
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Hey guys,
Sorry for the delay, but I am working on issuing an accurate payment...
There were some errors in the spreadsheet due to some quirks in Google Sheets, I am working a spreadsheet payment calculator and will be issuing the next payment on Monday. I did issue a payment on 8/18 & 8/19, if you didn't get that payment let me know.
James
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Hi James..whats the status of our Second Neptune?
in GHash i see we are mining at an daily average of 3.27 Th/s... is that going to double with our 2nd Neptune or we going to put it on another pool?
Thanks,
Dan
On the first question, it is unknown when we will receive the second Neptune. On the second question, unless the majority strongly disagrees, we will use the same pool. |
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Let us hope that you are revived at some future time, from your cryopreservation, to find that your contribution to Bitcoin and to the world have reshaped human society in the most positive way...
Thanks for your contribution Hal,
Regards and Peace unto you,
James
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