Hello, it's looking good. Here are my questions:
When can we expect to see the first purchase of equipment and first dividend?
Where will the equipment be located? Will the equipment be insured against fire/theft/etc.?
Will you be mining solo, or in a pool? Which one? PPS rate?
Hello Carnth, good questions
First purchase and dividends: The first purchase will be as fast as I can execute it following the sale of the 50,000 public shares.
It is hard to give an exact timeframe as this is somewhat dependant on third parties: btc exchanges, bank transfer, computer store
Dividends will be paid on Monday and Thursday mornings before 12 Noon Mountain Time
- so I suppose the first dividend would go out on the first one of those days following the first rig going online.
Where will the equipment be located: The equipment will be located in a spare area of my condo, I have provided the address.
As such the assets would be covered under my home insurance
- actually I will probably take out a policy specific to the mining assets, this strikes me as a great idea.
I do not intend to mine solo - we want immediate and consistent rewards to provide dividends to shareholders.
I personally mine @ BTCGuild with my pc right now but I would probably put up a vote between the top pools listed here:
http://blockchain.info/pools and take shareholder advice.
https://glbse.com/asset/view/BAKEWELL
