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Author Topic: Re: {Bakewell} Get an equitable stake in a transparent & growing mining company  (Read 375 times)
ianbakewell (OP)
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December 02, 2012, 06:11:07 PM
Last edit: December 02, 2012, 06:51:38 PM by ianbakewell
 #1

Hate to spoil the fun, but that's block 210354 and was only worth 25BTC. Still a solved block though!

Haha yeah, I was really hoping that we would have banked BTC50 and solved a block before the halving, it was one of the goals in the back of my mind. Ah well, came in pretty close Smiley
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The Litecoin community seems small but is growing, and with the litecoin stock exchange, a possibility of spinning off a BAKEWELL subsidiary (BAKEWELL-LTC?) group exists.
Not sure if much demand would exist for a LTC clone of BAKEWELL tho. Just something that crossed my mind while thinking about asic on the horizon and liquidating the rigs.
We are sitting on BTC170 (44 earned from mining and should be dividended, but maybe retaining for purchase due to time raising funds lost, is better)
  ... so we will be able to place an asic order when they hit the market. Then its just what we want to do with the rigs. Sell them or spin them off.
(spin off gives us LTC we can convert to BTC as well, its just not a total liquidation, we would leave some equity behind in return for the ownership stake in BAKEWELL-LTC)

Thoughts & Opinions?

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