If you mine with us for 6 months before the price drops below $2.50, you’ll be able to continue to earn the minimum price of $2.50 for the next 6 months
This seems like a complete deal breaker, and a little like a weasel clause. By your own estimates, the price will break below $2.50 much sooner than 6 months from now. By my reading, that would mean the protection is not available.
Is this a correct interpretation?
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I have never mined before and just got my 4way 7970 computer setup. My question is should I do pool mining with this setup or run solo. If you suggest pool mining any suggestions are appreciated. My second question is what mining program should I use with the setup I'm going to be running? Any help is apprecaited, I am a complete n00b right now when it comes to mining Pool. ABC or 50BTC. Cgminer.
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I would like to engage in a contract for difference with a reputable member of the forum for 5,000 BTC.
I will take the long position on the contract, for a duration of 2 years.
The terms are negotiable in regards to a cap and floor, settlement, and collateral posting.
Serious parties please respond with questions or offers.
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Ok all, here are the August numbers:
Income statement for July, 2012
Production (in BTC) +752.044 Sale of equip. - Expenses -402.00 Dividends paid -150.00 Net income 200.044
Unfortunately, the insane increase in difficulty is finally taking its toll on us. We have been able to keep ahead of it until this point, but this months rise was just too much. That combined with an internet outage led to our first month over month decline in production ever. We are disappointed by this, but are not dis-heartened!
What are we going to do to get back on the growth track? We just secured an additional 12 GH/s at a very attractive prices. This additional capacity should bring us back in line with difficulty and get our numbers back up.
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Great meeting you Yochdog! In case anyone is interested, he looks just like his avatar.
Auctioneeer was kind enough to hold up the beer bong for me before we went streaking.
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Hi Yochdog: Are the August financials ready? Looking forward to seeing how my investment is doing, and whether it was wise of me to stick with you rather than go with pirate Hey buddy! August was solid...I have just been busy with my day job and also acquiring new hardware! I will make sure to get the numbers posted this weekend. I apologize for the delay!
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Verified.....deal going down today!
Looking forward to meeting auctioneeeer in person.
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still a good deal for both I think. last couple days 1.5 gigs been selling for 500 or so, and you are offering dual cards and 4 of them to boot. Pay a little premium for the dual cards and 3.0 gigs at one shot. 2 thumbs up
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be careful, YD will drop the cash!!!
LOL
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4 x5970? wow 3gigs for "assuming" 1200. Not a bad deal at all. Use those cards wisely.
Just the cards......not full rigs. Just FYI
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these cards are under 1 year old, and I aquired them brand new as OEM.
I have an offer pending for these cards at $300 each. Unfortunately, he can only use paypal, which we all despise. He knew PP was a real barrier upfront, but is all he can swing.
I offer them here at the same price, but in BTC.....shipping is an additional 1 BTC per card.
Let's do this quick!
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Thanks yochdog you saved me a lot of time reading through this thread! my pleasure! Many a member has saved me the same time in the past.
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I tried it and had 650 Gh pointed at my pool within minutes. Delivered the full amount, plus some. Question is, at those prices who is buying shares and why? I can just buy BTC from Gox for less. BTW - I couldn't pay USD, only BTC.
If someone wants to pay me 3342 per share, heck lets talk - I got 8 G's
LOL. Sign me up! Seriously though.....this has been debated ad naseum, and the concensus is buying shares is a form of gambling on Proportional pools. You could make a lot of money if you hit a hot streak while pointing the ION cannon that is GPUmax at a prop pool.
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bitcoinopx site is down, or ... gone now?
Never really took off......which is a shame. I would LOVE to be able to trade calls and puts on BTC.
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bump
I may have 2 5970's with one core on the fritz......what are you offering for those?
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Bumping this up......Still interested in 10-20 GH/s at the right price.
I'm thinking about selling one of my rigs. x4 5970s. Make me an offer if you're interested. what are the rest of the specs?
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$1,350 for both. Cash money.
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I don't have screenshots, but I have a single 6970 rig that has run without a single crash for over a year. The only downtime was for 2 power outages we have suffered in that time.
As for share count, I have a 5 GH/s beast that consistently reaches 3-4 million shares before hanging up in CGminer.
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