Mmpool have you considered moving to a P2Pool backend to lower the variance?

Awesome. Thanks!

From the guides it looks like this miner's firmware only supports static IP addresses. Is this correct? Is it possible to use a DHCP address with the default firmware?

Thanks let us know if there's any questions we missed.

Can someone confirm if this coin is merge mine able with other scrypt coins or if you need to mine it solo.  Thanks!

An off the cuff update we have the hardware and it's hashing. We're having some hosting issues at this moment. We moved it to a cheaper data center but have been having access problems will update when we get it all sorted out. Div are incoming we are a bit behind because of the miners but it's very high up on our to do list. Additionally we're working on the Q2 Financial summary.

My shares transferred. Thanks Ken for sorting it out!

Ken,

I put the wrong time stamp on my request. How would I go about fixing this?

CRH

Divs are being processed for this month. In addition I'm working on the Q1 Financial Statement. Hopefully I can finish it by the 15th but there's a lot of content so It might push a bit longer.

Share Deletion

In accordance with our buyback policy 1,000 shares have been bought and destroyed off the market. This bring the total number of shares from 133,000 shares to 132,000 shares.

Might I suggest taking a look at 796.com for securities. It's licensed in Hong Kong so it shouldn't run into the same regulatory problems you saw with BTC-TC.

Thanks! Knew I must be missing something!

What's the weirdest is that it doesn't do this in preview mode.

INVALID BBCODE: close of unopened tag in table (1)

March 1^st Dividends

Dividends

Dividends for the Month of February (March 1^st dividends) are out. Summary of Divs below:

<Table Snipped See Post for Details>

Buyback

You may have noticed that the total Share amount is lower than it was last month. That's because another 2,000 shares have been bought back off the market through our share buyback policy. All together our buyback policy has removed 5% of the total shares available on the market. Effectively making our shareholder position more valuable.

Unclaimed

There are still unclaimed shares from Burnside's Exchange shutting down. If you haven't claimed your shares please do so.

FEB Financial Summary

In accordance with our new policy we will now be releasing Financial Summaries and quarterly statements. Our next full financial statement is due next month as our first quarterly statement.

Our revenues are down as we have sold off our Jupiter's in preparation for taking delivery of our Bitmine.ch machines and our Neptunes.

<Table Snipped See Post for Details>

In accordance with the Jupiter sales we have exercised our an additional 0.45106 BTC for this dividend with the expectation that we will pay the remainder out over the next few months with the ultimate goal of maintaining a dividend between 0.5 BTC and 1.0 BTC.

In addition we had approximately 7 Bitcoin worth of Mining revenue this month as 3 Bitcoins were mined last month on Bitparking and then transferred in at the end of that month.

Thanks! Work has been hectic so I haven't go them out as much as I should have but it looks like I'll have a bit of a lul coming up so hopefully I can buckle down and get out some good content.

Hardware Status

Hardware Sales

So a lot has happened over the last month when it comes to hardware. We've sold off our Jupiters. Not just Jupiter #1 but also Jupiter's #2 & #3 also. The first two were sold for approximately $6k apiece and the third sold for $5.2k (Do keep in mind Paypal fees). Of the purchases, after transferring USD to BTC we have added 10% of the coins to the dividend fund (to be dispersed over the next few months), 5% of the coins to the buyback fund, 5% of the coins to the salary fund and the remainder (80%) to the re-investment fund.

Do keep in mind there is approximately $5k that still needs to be traded for BTC and it will be traded as quickly as the government currencies allow.

   
Future Hardware

Bitcoin

So at the moment we have no hashing power online. With the latest news from KNC not specifying any new targets for hashing performance from their Neptune line of products we have the 17.8 TH/s of equipment on order following Bitcoin Mining hardware on order (See Below For Bitcoin hardware). This could change in the future are they're are napkin calculations that this hardware will have a higher hashrate per unit than 3TH/s.


Growth Analysis

Assuming that the Network hasrate rises 50% month over month for the next two months we should Leave us with 0.03% of the network hashrate which is right at our historical average.


Litecoin

In addition we have 4 Alpha Vipers on Order for a total of 100MH/s of Scrypt Mining power.


P2Pool Node

RSM is investigating the possibility of building a P2Pool node. We would mine using this and have access to all the merge mined alt coins we could handle. Funds for such a project would come out of the Re-Investment Fund.

Alt-Coin GPU Rig

RSM is also considering the possibility of building a GPU Rig specifically for altcoins like Etherium and Mastercoin which aim to add valuable market features to the cyptocurrency paradigm, Primecoin which adds a mathematically relevant calculation to mining or Datacoin which attempts to add general storage features to the blockchain.

I guess it's an option. Being a publicly traded company though if the syndicate thinks we're valuable they can always purchase shares on the open market. And it would be nice to have our own power plant . I guess we'll have to play the future by ear on this one.

RSM has committed almost $100k to hardware pre-orders in the last three months.  A 5% diversification into Brock Pierce's Angel syndicate seems like a good move as we approach the upper limit on our mining returns.  We remain committed to mining but, this opportunity is a potential revenue stream for RSM that additionally supports the bitcoin-ecosystem.

New Motion up on Loomio

There's a motion up on Loomio on weather or not to allocate funds to angel investments. Text of motion below:


Please be sure to vote and please comment.