Yeah unfortunately we let our PR person go on semi-permanent unpaid leave quite a while ago.  Until we are back earning again so unfortunately the thread title got missed for an update, but has been updated now.  Here is a link to the English language version of 796 - https://796.com/?lang=en - Our dividends work by only paying out one twelfth of the dividend fund at any one time.  Originally to help smooth out any rapid growth of dividends and keep a smoother emission.   That is how we can continue to issue monthly dividends as per usual.   There's been a lot more action in the private shareholders management group.  Then in the public outlets of RSM.  Any shareholder can join the private management group.  Just please PM us for an invite and we will need to verify the email account you use for 796.com  Although you will need to be holding over 100 shares.  Which is actually less than 1/1000 of public stock.

We are currently waiting for better market conditions.  To buy a load of new gear and start mining again.  If the market never improves enough to a point where we feel confident.  About buying new gear to make a healthy return.  Then eventually we will use our substantial bitcoin reserves to buy all publicly traded shares back off the market.   If any current investors are not aware of how much bitcoin reserves with have.  Then please ask in the private shareholders management group.

The current plan of action is to hold onto our reserves until a major bitcoin price rally and better mining conditions.  We currently have around BTC100 of reserves and ASICspace can offer hosting down to $80/kW/month.  Prices of mining gear are falling all the time and mining efficiencies increasing.  While the network hashrate growth started to plateau in Q4 last year.  Which just need a bitcoin price rally to make a new purchase a lot more effective.  The dividend fund allocation from profits still holds over a years worth of monthly dividends.  Which is over BTC3 in total.  We've sold all our old gear which most now would be considered inefficient compared to whats shipping now from stock.  And bought a Ledger Hardware Wallet which we are in the process of moving funds over too.  There should also be less than 125,000 public shares not owned by RSM on 796 exchange now out of the 132,000 on there.  RSM has bids in to buy more shares back during this current lull in activity.

I'll offer a guide price of 20BTC for the job lot shipped anywhere in the continental US (excluding Alaska).  I'm currently working on a deal so if interested you'll have to inquire sharpish.

Free shipping for the continental United States.  Must be sold as a job lot.  We have a potential private buyer although if anyone can offer a better price then we'll ship it you.  We reserve the right to refuse any offer.

Very sorry for the delay the dividend has just been sent to 796.com

BTC0.31152 / 236 satoshi per share.

Hopefully all the gear will be shipped very soon.  Although the new hosting location won't be ready until at least January 1st and maybe as late as January 15th.  At current difficulty and USD/BTC price $315.33/BTC.  We would hash just over BTC2.00 profit per month after all hosting costs.

Now offering 7BTC plus shipping for the full 12Thps only for the next few days though.  When the sale offer will probably end.

Lowered the price for the job lot to BTC7.5 plus shipping.  If not sold by the end of the week they will probabaly have been shipped to our new hosting location.  And we'll be keeping them.

The five Bitmine rigs are in Kansas City area while the AM-V1's are in Illinois.

[WTS] ~12Thps@~13kW - 8BTC plus shipping from continental US

Contents:

Five Bitmine Coincraft Desk V1 units.  The types with five boards instead of only four that are better for over and under clocking than the current V2 version shipping from stock.  Built in PSU's

Seven BTCgarden AM-V1s with Plus 80 Plantinum rated PSU's.

This year for our annual Christmas and third year birthday donation we're planning on buying 1BTC worth of FairCoin.  That we will stake with.  This will indirectly help to benefit the FairCoop project.  Then next year we will donate 50% of any BTC gains made on the purchase to - https://fair.coop.  Up to the value of 1BTC.

Yes, all the gear is currently being powered down at Netsolus.  Then soon after January the 1st all the gear will be sent to a new hosters in Washington.  Where we'll be saving around $1,250USD a month on hosting fees.  Which is the difference between running the gear or not.  We probably won't be buying any new gear until Q2 or Q3 next year.  14nm and 16nm gear should be out then and also much more efficient 28nm gear too.  Our new host'ers can potentially drop our hosting fees further by up to another 12.5% to possibly as low as $80/kW/month.  If we were to end up with enough kW's to make it worth their while.

The bitcoin network difficulty growth looks like the next adjustment may actually be the first negaitive adjustment in almost two years.  Including this next difficulty adjustment the last block of five adjustments combined have been the relatively smallest block of five changes in eighteen months.  So it currently looks like the network difficulty growth may be reaching a plateau for the first time in two years.  From when it had plateaued last time for around eighteen months.  So as long as the USD/BTC price at least roughly holds then we should be good to keep hashing away at the new location for some time with this current gear we have.   

No longer for sale at this time.

1# Five Bitmine Coincraft rigs, the type with five boards that can be under and overclocked.  Although one has a couple of faulty boards.  Total hashrate of all five is 4.67Thps with built in PSU's.

2# Seven BTCGarden AM-V1s for a total of 7Thps plus PSU's.

3# Thirty Antminer S3's for a total of approximately 12.4Thps that can be under and overclocked plus PSU's.

Currently looking for at least 23BTC for the lot plus shipping.  Would consider potentially selling the three lots of miners separately for 1BTC per 1THps including PSU's for the first two lots plus shipping.  Or 14BTC for the thirty Antminer S3's including PSU's and shipping.  They're all currently located in the confidential United states.

We did use Coinapult Locks BTW to help lock in the price of next months hosting costs.  We locked in $3,000USD at approximately $400USD/BTC.  This will guarantee that it's profitable to run all the gear now until December at least.  No matter if we have another crash before the bill is due at the end of the month to the beginning of next month.

AlphaT now have their working chips and we just have to decide on whether to go ahead with the $7k purchase of their speculated 500MH/s@3.75kW.  I suppose it's best to wait to decide once they have a fully working demo unit that they promise to soon have.  If their specs are correct then at the current Litecoin mining difficulty and USD/LTC price they'd hash $1,582 per month.  While costing us $525 a month to host.  Or hash 4BTC a month while costing us 18BTC to purchase and 1.34BTC a month to host.

https://alpha-t.net/news/viper-chip/   

Sorry for the late update, but one of our main PR guys is currently relocating to another state currently.  And he'll be very busy until Tuesday so I'll try to do a brief update.  October's dividend has already been issued.  We paid a 30% deposit on four Alpha Vipers.  Which came to £6,540.00GBP/$10,514USD although at the time last January this only cost us around 12BTC.  We've approach AlphaT on a deal and they said that we can cancel two devices and use their deposits towards the purchase of just two Alpha Vipers.  So this would mean that we'd now only have to pay £4,429.98GBP/$7,121.84USD to purchase two Alpha Vipers.  These Alpha Viper devices are expected to run at least 250MH/s each.  We're still on the fence whether to just cut or losses on this and cancel our order.  So input from shareholders would be appreciated.  Here is the latest update from, AlpahT - https://alpha-t.net/news/developmental-update-06102014 - they are also offerting a loyaty scheme to try and compensate for the delays.  Which would need to be signed before the end of the month - https://alpha-t.net/loyalty-scheme-rules opions on that too are apppricated.

On other news if the price swings above $400/BTC in the next few weeks then we are too trial Coinapult locks in locking in next months hosting costs.  We may also start looking into selling off some older gear next month.
   

Our host'ers have altered the power configuration to the 6.25 AM-V1s and now we're hashing at - 23.57(TH/s)@23.88kW in total.  We still have another four AM_V1s being RMA'd which should add another ~4.33TH/s once they're back.  If the BTC/USD price is not equal or over approximately $450 by the time our next hosting invoice is due.  We may down-volt the five 1TH/s Bitmine rigs to 500GH/s each.  Where they should hash at 0.9j/1GH instead of the current 1.1j/1GH.

I've managed to to tweak the S3's total hashrate up to ~11.987Thps so far since yesterday.  Although hopefully we can get them up to <=12.54Thps.

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