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Should be another update tonight. Let's hope for good news!
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Good new everyone. I have now gotten back 1000 Bitcoins  So I will be paying them out later this weeked. It should be another healthy chunk of coins. //DeaDTerra Awesome! Thanks DT  |
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Looks like the network speed is back down to 22.53 Thash. Might we be the first to get all capacity online?
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Looking forward to the update tonight. Any estimate as to when mining will begin? Looks as though nobody has any ASICs online yet.
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I sell 585 shares @ 0.85 BTC per share
But I am guessing the trading platform will be up and running soon. Friedcat has said that trading will start before the 1st dividend will be paid out. Mining s 2 - 3 weeks away, so the first dividend will probably be 5 - 6 weeks away. And delay in getting the ASICs up and running should not mean a delay in the platform, since that is being developed by a 3rd party.
All GLBSE shares have been confirmed, so lets get this puppy trading !!!!
Great! Do we really think mining is 2-3 weeks away? I tried to read in between the lines and there is room for additional delays... but I'd be very happy if 2-3 weeks is when it happens. Let's get those dividends coming in |
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Dont worry guys. Friedcat didnt show any sign till now that something is fake with the project. So i dont believe that you will lose any money. I think he still is confirming but has more important things to do. So i think he should work on that. You wont have to fear to lose anything if your claims were right.
+1 |
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How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?
There is currently no way to trade ASICMINER yet. You can do an informal trade facilitated by the ASICMINER team as friedcat (IIRC) said he will honor shares traded between people. The bids I received were to low for me to sell them, so I decided to keep them for now until there's a open market or we start getting dividends //DeaDTerra What was the average bid? I think us shareholders should have some input. |
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How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?
There is currently no way to trade ASICMINER yet. You can do an informal trade facilitated by the ASICMINER team as friedcat (IIRC) said he will honor shares traded between people. |
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How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?
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Also it's interesting how the difficulty of the hash satoshi found for the first block was significantly more than difficulty 1. Possibly the genesis block wasn't actually created on the date satoshi put as the timestamp, rather he picked a good headline for the coinbase and then ran his mining code for a few days to come up with a particularly difficult proof-of-work. Note how this does let you work out a rough idea of how much computer power satoshi had access to because the times headline and mailing list posts give an upper bound on the time it took.
+1 awesome point, you are smart. I never thought of that. |
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So you are giving back 2000+ dollars to the owner?
My hat off to you sir !
Yes! +1. |
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https://blockchain.info/block-index/1Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25 I guess Satoshi created the genesis block and sometime later started mining? Huh, I never knew he waited so long. I guess he wanted to tell some people and surely had already tested everything on a test chain. I think he was pretty sensitive to the head start issue, even though imo he clearly deserved an moderately 'unfair' advantage. I wonder if that was even him who got block 1. Yea, I wasn't aware of that either! I wish I could remember where I first heard of Bitcoin. It was within a few weeks of the Genesis block but I forget the source. Was it perhaps on Slashdot at the time? Anyone know? I was looking for something like this for years but didn't follow the cryptography mailing list or the cyberpunk list (if it indeed was discussed at the latter, I forget). |
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Any news? Did you successfully get access to your shares in GLBSE, like Gigaming etc?
When you will send next payments?
Yes it would be great to have an update! Merry Christmas & Happy Holidays to all! (Also Happy Bitcoin 4th anniversary coming up soon!) |
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https://blockchain.info/block-index/1Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25 I guess Satoshi created the genesis block and sometime later started mining?
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2. The shares are under processing. Shareholders (determined per e-mail address) offering different addresses to GLBSE and to us will receive a confirmation mail asking which to use or whether changing to a newer one. And we also hope to identify the shareholders who claim both different e-mail addresses and different addresses as many as possible. The principle would basically be: 1) If the shareholder has both claimed to GLBSE and to us, we will use the share number provided from GLBSE. 2) If during analysis, the shareholder hasn't claimed to GLBSE but claimed to us, we will keep a separate list and see if it should be merged. 3) If the shareholder hasn't claimed to us but claimed to GLBSE, we will of course use the GLBSE data. A proprietary exchange sounds great.
Yes. And we are working towards it. First we need to sort the actual data out from what we have now. We have a close partner working on a new platform that is considerably safer than GLBSE due to its more secure structure. And of course existing platforms like btc.co are also sound options. It is also optional for each shareholder to join the platform or to lock the shares in with us. This is a quick update. Please expect more details soon.
2. All shareholders who have ambiguous Bitcoin addresses will receive the confirmation mails within this week.
3. We will make ASICMINER re-hosted after the confirmations, as well as the platform decided. It will not be later
than our first deploying and the first payment to shareholders.
I refer to these posts. He claims that he wants to contact the shareholders that have emails or addresses that doesnt match the ones at glbse. After that he means to decide the platform. And he mentioned that every shareholder will get the option to lock their shares with the company itself. Thats only possible by contacting the users or let them decide another way i think. But ok, its an assumption only. He has contacted me with my number of shares and GLBSE payout address. Thanks everyone for the lively discussion! |
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Will shareholders receive an email confirming how many shares they have? This would be helpful. I want to make sure my shares are on record with you. Thanks for the update!
Yes, friedcat wrote this already. He will contact everyone. Check his posts... I have read all of hosts and I saw one where he said he would contact people with an ambiguous address. I could have forgotten but I don't remember one where he says he will contact us to verify how much we had after the updated GLBSE list was out. |
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UpdateThis is again a quick update. We received (again) the revised version of shareholders' information from GLBSE. The difference is that this time the whole number finally adds up. So if its data is indeed correct, it should contain all shareholders' information, including those who refused to share their information with the asset issuers. Therefore we will base the shareholder data on the new version. Update
1. Our wafers are already in the slicing and packaging service. Whether we could beat everyone else in early delivering, or we have to revise and redo the wafers, will be known within the next two weeks.
An encouraging update! It means the chips at least passed the QC at the fab, and that slicing+packaging+testing is already under way. I'm hungry for more info, please return soon and fill in more blanks: 1) Recovered the ~5000 BTC from GLBSE yet? (I would like to just stop worrying about it...) 2) Did the fab really process 12 layers in 7 days, or was it simply information delay?? [Dec 05: "There are 12 layers left", Dec 12: "we are now in QC"] 3) What is the reason for deploying the second half of the chips later than the first? [Genuine question, I'm simply not smart enough that the reasons are obvious to me!] I think I can say on behalf of all (at least many/most) stakeholders: Thanks, congrats, and keep up the great work! 1) GLBSE still owes us money, but the total debt is much less than 5000BTC. As I promised before, the rest debt is restructured as: GLBSE owes me, and I owe the company. If we fail to get the rest debts back I would be responsible for paying back to the company. 2) As far as we know it's not information delay. It's because the foundry sped up in the later stage (called "bullet" in their jargon) and the last 12 layers are way different. 3) It's for fail-tolerance. The second half of the chips stayed at the stage that has 14 layers left, to allow further modifications if the first batch of chips fail to work due to design or manufacturing flaws that are fixable without re-doing the whole mask. Will shareholders receive an email confirming how many shares they have? This would be helpful. I want to make sure my shares are on record with you. Thanks for the update! |
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Well, <2 weeks now and we should know if we are going to be the first to run ASICs. 12 days according to friedcat's post. Exciting times!
Correct me if I'm wrong.. didn't he say about a week...about a week ago? Hey jjiimm On the 12th he said the wafers would be at the packaging facility in a week. On the 19th he said they were at the packaging facility and within 2 weeks we will know if the chips turned out ok. So we will get the good/bad news by the first week in January according to this schedule. |
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Well, <2 weeks now and we should know if we are going to be the first to run ASICs. 12 days according to friedcat's post. Exciting times!
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I'm proud of myself because I see this kind of bug coming. I posted this line on November 6, 2012 in my blog (bitslog): "The (pseudo) anonymization property of Bitcoin is the easiest property to be lost while modifying the code, since the related code is not encapsulated in a certain class or file, but spread all over the code." Good call Sergio |
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