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Author Topic: [GLBSE][BITCOINMINV]7 Claims Made so far 7 Dividends paid  (Read 4359 times)
BitcoinINV
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September 15, 2012, 09:16:20 PM
 #1

Our website includes a business plan and 1 year projections check them out!
IPO release by Aug 15th
NOT A BOND!


********Update 08/09/12********
Pre release sales  .120 per share, It will be released at .125!
7% discount on release price purchases over 100 shares
Private Message if interested in either
********Update 08/11/12********
Mining starts on Tuesday Aug 21 first
Insurance starts on Monday Aug 20th
We will be starting with about 5ghps mining equipment.
or .65 per share!
********Update 08/15/12********
Still set to start mining on the 21st
Now up to about 6.5ghps in equipment with the addition of 5X 5830s
puts us up to about .86 per share. We will be at 1mh per share soon!
********Update 08/22/12********
About 1 gig is hashing right now still waiting on parts, oh usps how I love you.
First dividends paid out for trade profits and whats been mined.
********Update 08/29/12********
2 Dividends paid out! With that being said all this is not mining profit, some of this is investments made before the gear got here. Might see some slack in the dividends then a boost as all the gear comes online. We are waiting for parts from new egg...ERRR! and a couple other essential other parts to come in, with that being said here is a partial list of our inventory.
GPU's

5830 x6
5850 x2
5770 x1
7950 x1
6950 x 8 and 1 broken
5HD different sizes
2 Gigabyte 970a-d3
1 gigabyte 870-ud3
1 asus m5a99x
1 400w psu
2 600w psu
1 1250w psu
1 1080w psu
2 15 inch fans
1 steel rack with rubber spray on texture
11 PCIe 1x -> 16X
2 16x=16x 1 broke
3 2gb ram
3 sempron 140 w/fan
1 sempron 130 w/fan
Bunch of other stuff just got to sort it out and log it

********Update 09/15/12********
4th Dividend Paid! We are almost Mining with all GPU's now! WE NEED MORE POWER! lol more PSU's that is the 400 well it sizzle sizzle lol. The 1080 is more like a 600 FYI, do not buy a power cooler 1080psu just get a good 600w. The stupid thing can not even power 3 GPU's with out cutting out. We got 2 new mobo's up and running, they both got 4 cards running on them right now. I got 2 old boards for sale both 970a-d3 and 3 IDE hard drives. The hard drives are neweggs fault yet again for shipping the wrong thing.

Some pictures of the Rigs






Welcome to BitCoin Mining Investments

 
We will be offering 6000 @.125 BTC or market value.with 1500 shares staying as mine for pay as operator
Total shares 7500
 
65% Profit is put towards dividends
35% Profit is put towards Growth of operation
The equipment and growth fund are owned by shareholders 100%
Low cost of power for the USA about 0.76
Operator is Registered to do business in his state

If failed company will sell 100% assets and split between all share holders, After the final disposition of the equipment and growthfund, It will be split minus the cost of the action.
All equipment purchases or changes after the initial will be put to a vote, voters with more then 1% stake have the right to put forth motion.

Terms
1) 65% of all mining revenue will be distributed to shareholders in the form of dividends ( referred to as "dividends"). These dividends will be paid monthly, split evenly among all shares regardless of class or issuing date.
2) 35% will be used to invest in additional hardware, decrease the cost of mining, and/or pay for long term operating costs of the company (henceforth referred to as the "growth fund").
3)Operating costs "General Maint" will taken out of the profit then divided into dividends and growth fund. Any operating costs that exceed the ability of the growth fund to cover will be borrowed from the dividends until covered. Dividends borrowed in this manner will be paid during future payment period(s) using the growth fund until repaid in full.
 4)In the event of liquidation, 100% of the revenue from sales of the assets and 100% of the growth fund, minus any expenses incurred from the operation or liquidation of the company will be paid to shareholders.

Common Questions and Answers

Q. Why should I wait for the equipment delivery when I can get hashing now? Why should I wait for returns?
Answer: Because you are actually buying the equipment with others. You have a right to 100% of the equipment's sale if it is voted to be sold if and when people want to stop the operation. You get lower administrative fees and better advantages that way for waiting some time and pre-funding your own equipment instead of buying a fraction of a current mining operation.
Q. Why 35% reinvested?
 Because under that model, we would get more and more shares for simply replacing the equipment, basically keeping the same hashing power for a growing amount of share while still having to sell as many shares at the same price for each replacement. Shares dilution would occur and the operation would die out since people don't pay for the replacement of the equipment power associated to their shares. Getting new shares sales to pay for the replacement of the hashing of your old shares would not be right. Equipment needs to be replaced and extra equipment added for the shares to gain value and the operation to grow. You also need growing hashing power to compete with increasing difficulty.
Q. I am afraid others won't buy or like it. What if shares don't sell fast enough and my funds are withheld for a long period until we can purchase equipment?
Answer: There's a maximum period for the IPO of 2 months OCT 15th don't think people should scuttlebutt interfere with how they place their money. If the goal amount is not reached then we will vote on what to do next to refund or invest the money.
Its going great no need to worry!



People such as Gweedo are not allowed to post, Only BitCoin Mining Investments post are allowed! NO OFF TOPIC!

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BitcoinINV
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September 15, 2012, 09:36:45 PM
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Glad you noticed me, seeings how you can not even add me to your list on your page lol. Do I not qualify as Company, just curious? I Have almost sold out of shares and all... and I do mine.. And if you want to see my identity dig through the post above my ID and all that is in pictures in it.

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September 15, 2012, 09:48:31 PM
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For those of you not familiar, this stock is different because the ASIC upgrade funds are not locked into a particular company. This means that if someone other than BFL comes out with an ASIC first, or a cheaper ASIC, the equity will be able to generate better profits than other companies whose assets are already locked in. Another advantage is that the company's ownership does not currently have more unpaid for shares than the company has sold in paid shares.

Looking for safe diversification? YABIF: Good Returns, Low Fees, Low Risk.

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BitcoinINV
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September 15, 2012, 09:51:15 PM
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Also I would Like to give dibs to people in this post first for 2 Motherboards both Gigabyte 970A-d3's give me a offer, I also have 3, 40GB Hard Drives "IDE" New Egg sent the wrong ones  Angry hit me with a offer in PM for any of them or all of it!  Grin

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September 21, 2012, 07:39:51 PM
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5th Dividend paid! Looking to see how the next gen equipment is going to play out, its kinda crazy.

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September 24, 2012, 05:48:24 PM
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Someone just ate a loss at selling stock for .11 wish I would have seen it. Would have tried to buy some back.

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September 24, 2012, 06:52:10 PM
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I bought, but I don't know who sold.

Looking for safe diversification? YABIF: Good Returns, Low Fees, Low Risk.

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September 25, 2012, 02:07:25 PM
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Motion Raised, Read it, like it, vote on it.

puffn
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September 25, 2012, 08:23:18 PM
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Great idea in the motion. Do you think you could start providing an earnings report for us. Just how much we made every week, and how much we have saved in the growth account. I think it would be great for the company's share price if you would show us how strong the balance sheet is.

Looking for safe diversification? YABIF: Good Returns, Low Fees, Low Risk.

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September 25, 2012, 08:31:42 PM
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Sure can, I am also looking for suggestions on mining pools.. using slush right now.

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September 25, 2012, 11:43:14 PM
 #11

Check out eclipse or eligius(sp). I am pretty sure they have much less in fees. could add 2% to output.

As far as the financial release goes, just the amount in each account, and the mhash rating we have will be fine. Anything more complicated will just waste your time. Based on the last dividend, we have about 1400 shares left to sell. Sounds like a good start to the ASIC fund to me. Smiley

Looking for safe diversification? YABIF: Good Returns, Low Fees, Low Risk.

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September 26, 2012, 03:03:30 PM
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1400 is about dead on spot lol. We got a great ASIC fund and I did purchase a Jap a while ago. It was a just in case thing, with a limited risk factor. 160$ is easier to swallow then 1300 if we lost it. I would like to here input from investors on which company you think would best to do business with and why.

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September 28, 2012, 02:18:01 PM
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We might have a leg up in the game, MAYBE I have been in talks with a FPGA maker. I looked at his site and seen he was making FPGA's that the ones being sold now use. I have been in contact with him and he says he may be able to beat some of our prices, and be made to our specs. I will keep you updated as this unfolds.

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September 28, 2012, 02:31:09 PM
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7.56 Produced since the 23rd
6.044 goes in to growth fund from this dividend.
This is first week of growth fund collection. The last weeks of dividends were to show worth of company and attract investors.
We have have a choice here, buy more equipment to power gpu's or save it for Next Gen equipment. I would like to hear your input.

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October 02, 2012, 02:05:31 PM
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Drunk Driver hit a light pole last night and I lost power for about 5 and half hour. Just giving a heads up on that one.

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October 02, 2012, 09:33:35 PM
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deleted. Wrong thread Smiley

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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October 02, 2012, 09:43:37 PM
 #17

One of the cheapest ASICs beeing the BFL SC Little Single at ~ 50 BTC, would take 14-16 weeks to mine?
Okay - so what capacity is left in terms of PSU and PCIe-Slots.

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BitcoinINV
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October 02, 2012, 10:01:54 PM
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PSU - 0%  GPU  PCIe- 4 spots

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October 03, 2012, 01:14:50 PM
 #19

6098 shares outstanding.
How many Mh/s per share you got going right now?
 

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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October 03, 2012, 01:53:58 PM
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.5 M/H if you would like more info, Please message me or check our website. I like to talk to all my investors 1 V 1 and know almost all of them that hold more then 100 shares.  I don't understand why I would cancel the rest of the IPO, I can just hold it and not offer it for sale till the time is better. Like I said we have room to expand and have more GPU's just need more PSU's. I personally do not feel it is the right time to buy more GPU equipment.  

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