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ThickAsThieves (OP)
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June 02, 2013, 03:05:12 PM |
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IPO will go live in about an hour, early bidding is open: https://bitfunder.com/asset/TAT.VIRTUALMINEBelow is a chart showing a comparison of the cost per 1MH/s for each mining asset currently on the market. I apologize if some details are a pinch out of date, it's hard to keep up with changing prices, etc! Feel free to check my math and let me know if I missed anything.  |
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rini17
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June 02, 2013, 03:07:23 PM |
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What? Not at 12pm EST? Regarding the IPO, can we pre-purchase x shares @ the IPO price? Or will this open and then we will get filled at whatever price it opens at?
No prepurchase. You can already place a bid and it will get matched normally against the 100K@0.007 IPO order. |
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ThickAsThieves (OP)
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June 02, 2013, 03:09:24 PM |
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12pm EST is still the plan  about 50m from now. |
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Cozzie
Newbie
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Activity: 24
Merit: 0
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June 02, 2013, 03:22:17 PM |
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So a BFL 5Gh will cost about 54.80 per Gh but your's will cost 7? How is that even possible, what is your hashing power backed by?
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davecoin
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June 02, 2013, 03:24:13 PM |
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So a BFL 5Gh will cost about 54.80 per Gh but your's will cost 7? How is that even possible, what is your hashing power backed by?
mentioned on the 1st page: Where do the dividends come from? If ASICMINER pays less than current mining reward per MH (due to various reasons, such as necessary reinvestment), will TAT fill up the dividend from own resources?
If ASICMINER dividends are insufficient, I have a reserved pool of bitcoins to cover any differences. As part of my personal plan to protect myself in this endeavor, I must reserve a fair amount of personal coins to remain agile and prepared for any market/mining shifts. Also: Backing of BondsThe total amount of bonds issued will always be backed by a quantity of ASICMINER shares that represent an amount of hashing power that is equivalent to TAT.VIRTUALMINE’s total simulated hashing power, as determined by http://www.asicminercharts.com/live/ or the most recent hashrate as verified by ASICMINER staff. Note: If ASICMINER shares begin to represent a decreasing amount of hashing, or if ASICMINER stops hashing altogether, TAT Investments will stop issuing new bonds until a sufficient alternative backing source can be established. |
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ThickAsThieves (OP)
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June 02, 2013, 03:25:31 PM |
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So a BFL 5Gh will cost about 54.80 per Gh but your's will cost 7? How is that even possible, what is your hashing power backed by?
Your math is incorrect. I am selling 1 MH/s increments. |
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joele
Legendary
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Activity: 1022
Merit: 1000
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June 02, 2013, 04:24:39 PM |
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I'm thinking of buying more mining hardware, I'll probably invest in here.
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Fabrizio89
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June 02, 2013, 04:36:32 PM
Last edit: June 03, 2013, 03:03:47 PM by Fabrizio89 |
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I hope you won't make the same mistake as picostocks issuer, who put into market more shares at half the market price without advice because the price was going too high. Let people know about your plans if possible. Thanks.
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btceic
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June 02, 2013, 04:46:24 PM |
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Finally a competitive offering for mid term investment. Thanks.
I hope you won't make the same mistake as picostocks issuer, who put into market more shares at half the market price without advice because the price was going too high. Let people know about your plans.
They also have TAT.ASICMINER shares as well fyi |
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ThickAsThieves (OP)
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June 02, 2013, 07:50:18 PM |
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After about 4 hours, we're at about 45% of the IPO shares sold. Thanks to everyone for your support so far!
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GIANNAT
Legendary
Offline
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
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June 02, 2013, 07:59:36 PM |
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I would buy some if there wasn't WeExchange.. Why did you put this only on BitFunder and not on btct.co?
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FloatesMcgoates
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June 02, 2013, 08:12:25 PM |
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It would be nice if this were on BTCT.
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ThickAsThieves (OP)
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June 02, 2013, 08:16:22 PM |
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I would buy some if there wasn't WeExchange.. Why did you put this only on BitFunder and not on btct.co?
I may apply to list this on BTCTC soon. I had limited time this week to prepare for a larger IPO across exchanges and decided to focus on one. If BTCTC is interested, I am too! |
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btcash
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June 02, 2013, 09:23:03 PM |
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It would be nice if this were on BTCT.
+1 |
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TadpolesIsAWinner
Newbie
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Activity: 43
Merit: 0
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June 02, 2013, 09:42:36 PM |
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I'm pretty new to the mining side of bitcoin, but using this calculator online http://www.bitcoinx.com/profit/ it appears that 200 shares will earn a profit of $1.01 USD/day. Am I reading this/entering the info correctly? |
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ThickAsThieves (OP)
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June 02, 2013, 10:08:34 PM |
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It would be nice if this were on BTCT.
+1 An application has been submitted.  |
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elefter
Member
Offline
Activity: 67
Merit: 10
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June 02, 2013, 10:12:36 PM |
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I'm pretty new to the mining side of bitcoin, but using this calculator online http://www.bitcoinx.com/profit/ it appears that 200 shares will earn a profit of $1.01 USD/day. Am I reading this/entering the info correctly? Yep you are right, but the catch is the increasing difficulty.. For example when the dificulty raises in the next few days to aproximetly 14495071 (just an estimation) you will get more like 0.862 USD/day |
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elefter
Member
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Activity: 67
Merit: 10
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June 02, 2013, 10:14:58 PM |
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It would be nice if this were on BTCT.
+1 An application has been submitted.  |
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FloatesMcgoates
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June 02, 2013, 10:15:57 PM |
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It would be nice if this were on BTCT.
+1 An application has been submitted. If the application goes through will you sell shares at IPO price at BTCT? |
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ThickAsThieves (OP)
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June 02, 2013, 10:19:26 PM |
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It would be nice if this were on BTCT.
+1 An application has been submitted. If the application goes through will you sell shares at IPO price at BTCT? Yes, assuming it gets approved somewhat quickly. |
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