Scrypt mining rig, consisting of: - MSI Z77A-GD65 motherboard (high-end, military class III with on-board power and reset buttons and temp monitor) - Intel Celeron G1620 2.7GHz processor (with cooler) - 4 GB DDR3 RAM - 3x Sapphire Radeon HD 7950 3GB GPUs (currently mining at 630 KH/s each) - 3x powered riser cables - Corsair CX750 power source (750W) - Extra cooling fan - D-Link USB wifi adapter - 500 GB external hard drive (Seagate) with pre-installed and licensed Windows 8, all necessary drivers and mining software --> Plug and mine! - Foldable crate with optimal size to place all the pieces + supporting bars Article is listed on ebay http://cgi.ebay.es/ws/eBayISAPI.dll?ViewItem&item=281282618414#shpCntIdbut if someone offers 900€ (plus shipping) I will remove it from there. I will take payments in BTC or wire transfer.  |
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Are refunds given in BTC or in $ (I mean the paid amount in BTC/$)?
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First payment of 0.01334533 BTC received
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Given the high volatility of the BTC price I would advise not taking any risks and converting funds to fiat as they come in. After all this is a fiat business where Bitcoin is merely the investment vehicle.
Which by the way, makes me think of a nice feature to have on Havelock: the possibility of emitting shares in fiat and auto-adjusting share price in BTC.
Bitcoin price is in a temporary slump due to the MtGox fiasco, I would advise holding onto the bitcoins and waiting for the price to go back up before selling. How would you emit shares on havelock in fiat? Havelock does not hold fiat, they hold bitcoins. And if a business is truly fiat based, then the market price for the shares should follow the changes in the fiat price, there is no auto-adjusting necessary. You are probably right but nothing is certain in BTC world. I don't think it's a good idea to speculate with the price as it's not the business of this company. When I mentioned fiat-based shares what i meant is that the BTC value of a share at the IPO could self-adjust to a certain value in $. Of course, once the stock starts trading this is impossible, but this way if the business plan requires 1 million $, this amount will be available after the IPO independently of bitcoin's valuation. |
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Given the high volatility of the BTC price I would advise not taking any risks and converting funds to fiat as they come in. After all this is a fiat business where Bitcoin is merely the investment vehicle.
Which by the way, makes me think of a nice feature to have on Havelock: the possibility of emitting shares in fiat and auto-adjusting share price in BTC.
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I have reached an agreement with tealover: he is going to point hashing power to my BTC address and slowly repay his debt this way.
I will update on whether this agreement is kept.
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Heh ... can't believe it ... all Scrypt (131!) rigs except the super-expensive one are rented ... coool  @thehun - set a lower price, I want to see the list emtpy  I set a ridiculously high price because I was testing some stuff and needed to have the rig free. It's back on the market now  |
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Don't know if this has been answered before, but my main concern are the legal problems that other US-based companies who have listed BTC-based securities have had to face. I like the plan and the market, but I'm a bit worried that one day the SEC will slap down on the company for issueing unregistered securities.
We're in the process of meeting US's SEC requirements with our company which is a hong kong based LTD. We're in the final stages of PPM formation and hopefully will have something out relatively soon. A stock we work with has already received tentative approval from the SEC for their bitcoin-funded business and they are registered in the US. Additionally, from what I can tell , investors aren't actually investing in 'rental starter'. They're really investing in the havelock's exchange, which then funds our HK corporation from those proceeds acting as a proxy for investment to our company. If we could somehow get certification for havelock's role in this, we then would meet SEC approval without issuance of a PPM. I see, thanks for clearing this. I have another question: how does this IPO relate to the first IPO you did on Bitfunder? Are we going to share profits with the first investors (in other words, are their shares being diluted with this new IPO?) What will happen in case there are more IPOs in the future in this respect? |
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What the heck is going on with Localbitcoins?
I requested a withdrawal which was going to be used to pay an invoice from bips.me. The withdrawal showed up as processed but there was a technical issue and the coins never arrived so I opened a support ticket, asking specifically NOT to send the coins any more to that address since the invoice had expired. This morning I see the ticket was updated and disregarding my petition the coins were sent to that address. I have tried to contact LBC again asking for an explanation and/or possible solution but the only thing they do is "update" the ticket without sending any reply.
I didn't expect this unprofessional behaviour from LBC; I really hope this issue will be solved and I can recover my coins or otherwise I will make an awful lot of noise.
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Don't know if this has been answered before, but my main concern are the legal problems that other US-based companies who have listed BTC-based securities have had to face. I like the plan and the market, but I'm a bit worried that one day the SEC will slap down on the company for issueing unregistered securities.
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Gox is willing to damage the reputation of the *entire* Bitcoin ecosystem, so *they* don't have to take the blame for implementing their wallet software properly.
+1 I am considering removing Gox from Coinorama... I would definitely vouch for that |
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I'm getting 100% rejected shares on every pool ("Share is above target"). What am I missing?
You're missing the correct miner. Download the correct one at www.vertcoin.orgI'm guessing you're using the regular cgminer? There's a vertcoin version oh I see... I didn't read all the specs and I missed that  Thanks! |
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I'm getting 100% rejected shares on every pool ("Share is above target"). What am I missing?
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I just spoke to a friend who's been mining since the beginning with a 670gtx at 110 MH/s and still found nothing... I quit wasting my CPU resources on this crap
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https://github.com/Eropi4/cgminer_keccak/releases HERE IS ONE CGMINERcgminer.exe --keccak -I 19 --benchmarkYOU HAVE TO ADD SOLOMINING OR POOLMININGIP and STUFF. THATS MOSTLY SAME ON EVERY POOL! LOOK AT GETTING STARTED ON A RANDOM POOL FOR DOGE OR SO. Yes we might have the miner but what good if we don't have the WIN wallet to solomine? Pools are not going to join the party at start so we got screwed! Linux and Mac wallets are also password protected so I guess it makes no difference |
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So... delayed again  |
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Is there a Windows wallet anywhere? I can only see Mac and Linux versions
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A well known millionaire (whose name I don't remember right now) was once asked what he would do if he was left with only 100.000 dollars to start all over again, and he answered: "I would spend $1000 in developing a product or service and $99000 on advertising"
I think getting to a wide audience (beyond tech geeks like most of the people around here) is vital. Well done and keep up the good work!
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