Gads is it 'that time of the month again' ... how time flies  |
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from fund overview Our dividend will be approximately 50% of total mining revenue, with the other half going towards expenses and reinvestment in new hardware. The eventual goal is to increase the dividend over time. I can't seem to find it written down anywhere. Can someone clarify how the other 50% is divided up? obviously expenses and reinvestment  but i'm trying to get a handle on 'expenses' that can be a rather broad term. Does the fund take a fixed % for this each month and is this the 'management fee' as included in the financial spreadsheet? (last month 05 seems to be approximately 10% management fee) thanks |
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I've obtained 100 shares of ASICMiner-PT at an average cost of 2.47BTC/share and will distribute 100% of the dividends received to bASIC-MINING shareholders upon receipt. Dividends from the PT will be divided into 7 portions, added to our own mining revenue, and distributed daily beginning this Thursday(June 6).
Thanks to all bASIC-MINING shareholders for taking part in this process.
i believe there are no plans yet to sell them, probably at such time as bASIC-MINING needs funds to purchase more ascis.  |
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This has nothing to do with bitcoin... i'm very sorry to leave it here .....its just so good ! http://edition.cnn.com/2013/06/25/opinion/snowden-us-humilation/?hpt=us_midL'affaire Snowden has provided a glorious field day for all those "surrender monkey Commie pinko crypto-Marxist long-haired G8-loathing eco-friendly global-warming anti-free market anti-capitalist anti-McDonald's (anti-stereotype)" anti-Americans who just love to hate the "Land of the Free."
It's surprising how many of them there are these days. |
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This has nothing to do with bitcoin... i'm very sorry to leave it here .....its just so good ! http://edition.cnn.com/2013/06/25/opinion/snowden-us-humilation/?hpt=us_midL'affaire Snowden has provided a glorious field day for all those "surrender monkey Commie pinko crypto-Marxist long-haired G8-loathing eco-friendly global-warming anti-free market anti-capitalist anti-McDonald's (anti-stereotype)" anti-Americans who just love to hate the "Land of the Free."
It's surprising how many of them there are these days. |
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If i can chime in... i'd vote for liquidating any asci shares when we actually need the cash. i'e `the 1200 or so BTC should be used; fist once that is spent then liquidate any outstanding shares at market value. my vote only, not to be taken as financial advice  |
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10:1 would seem the sensible division. Very easy for all to just move the decimal and would give a nice level of liquidity. I think this would be forward thinking.
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UPDATE:
A second Avalon has been obtained by bASIC-MINING. Details to follow.
YOU THE MAN ! |
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The timing of Gavins sabbatical to Australia is priceless.
Safely away coding without distraction. The rest of the foundation can fight this next level of bureaucratical nonsense and free publicity.
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Loving this. Great work creativex.  |
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Keyloggers are probably he main source of account theft of pretty much any account that has value stored in it. So if you want to prevent unauthorized withdrawals, a 2FA option that is keylogger-proof is needed.
Didn't mean to belittle the current 2FA as it is the safest method. I'm really just noting that there is a market (need?) for more than one option of 2FA for those of us that don't carry smartphones. |
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Would like to see a 2FA email option similar to Blockchain.info.
google 2FA bugs me !
TBH, I never really understood how an email account was a 2nd factor against something like a keylogger? 99% of us probably use their email account on the same PC as their browser? I guess. Keyloggers don't really bother me I was just looking for a 2FA alternative, to prevent unauthorised withdrawals, other than the 'link to address' method you offer. |
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Would like to see a 2FA email option similar to Blockchain.info.
google 2FA bugs me !
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Initially it was a joke, but the more I think about it maybe 'la Bitcoin réserve' ( or is is 'le' ? ) pretty much bilingual and nicely symbolises a safe preservational environment and then there's the pun on the Fed. |
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Getting Deja-vu on this topic
"Due to the incredibly small chance of this happening naturally, this event probably represents a fundamental flaw in the way Bitcoin addresses are generated. Sell all your coins and warn your close friends, then notify Gavin Andresen." Then you get Deja-vu again. Then you know something has been changed.. in the Matrix. Pop-up Black cat walks across the screen. |
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Notice how we never get any wall images anymore ?? think I blame chart buddy.  |
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107 edit ! |
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