[TAT.VIRTUALMINE]

[ThickAsThieves]

Why did the dividend amount drop? Is this share price related or difficulty change related?

All forms of mining are affected by difficulty.

As fully detailed, and discussed at length in this thread, these bonds are equivalent to 1 MH/s and paid daily according to the simulated hashing power according to the listed formula.

[1715157542]

1715157542

[1715157542]

1715157542

[boyohi]

Why did the dividend amount drop? Is this share price related or difficulty change related?

 

All forms of mining are affected by difficulty.

As fully detailed, and discussed at length in this thread, these bonds are equivalent to 1 MH/s and paid daily according to the simulated hashing power according to the listed formula.

Basically the share prices will loosely reflect how much it cost per 1Mh/s. You can treat this bond as a mining rig that gets 100% instead of 95% from pools.

[alexius89]

the Dividend was really low.. strange is that the difficulty  raised by 28%  but the Dividend was gone down by almost 50%     a bit strange or not?    Maybe TAT could offer a kind of Bonus because the dividend of th AM shares  was so high ;-)

[ThickAsThieves]

the Dividend was really low.. strange is that the difficulty  raised by 28%  but the Dividend was gone down by almost 50% 

Check your math please. 

[boyohi]

the Dividend was really low.. strange is that the difficulty  raised by 28%  but the Dividend was gone down by almost 50%     a bit strange or not?    Maybe TAT could offer a kind of Bonus because the dividend of th AM shares  was so high ;-)

Its the same. ฿0.00003223*1.284=฿0.00004138. At this difficulty its ฿0.00003223 per 1 Mh/s. You can check it on a mining calculator.

It actually went down 22.1% from ฿0.00004138.

[alexius89]

okay sorry  guys :-D    anyway  a nice bonus for every Virtualmine share  would be fine :-)

TAT  you just got a high dividend from your AM Shares

[Lorren]

Just wondering, why should he give us a bonus?  The description of this asset clearly stated what we would be getting, and that we would be paid, per share/unit, based on 1Mhash of mining power.

[SOSLOVE868]

Just wondering, why should he give us a bonus?  The description of this asset clearly stated what we would be getting, and that we would be paid, per share/unit, based on 1Mhash of mining power.

what is the bonus?

[jjdub7]

...and for fuck sake people, bonds do not pay dividends!
Bonds pay interest to the bondholders. Why? Because bond is a DEBT aka loan.

Get this shit right and you start making sense. This is not that hard to master

^This. Yes. Coupons, not dividends.

[Lorren]

Just wondering, why should he give us a bonus?  The description of this asset clearly stated what we would be getting, and that we would be paid, per share/unit, based on 1Mhash of mining power.

what is the bonus?

There is no bonus.  Alexius89 suggested that he pay one because dividends were not what he expected and that ASICMiner paid so well this week.

[gambitv]

TaT has a Midas touch.

Despite the expected drop in dividend the price is as strong as ever for these shares:

Quantity	|	Price
________	|	_____
2,053	|	฿0.007250

Congrats on meeting the bitcoin communities desire for easy to understand products.

[Necrocide666]

Difficulty jump reaaallly saddened me though, one day after I buy the shares and get a nice dividend it drops 22%, that's why i asked earlier, I was hoping it was not the monstrous difficulty increase .
Either way I love these assets 

[ChefBorjan]

Another div payed, as you say, shame its not as high as before but the beauty is that these are still great returns and we know it'll be the same tomorrow (for now... the question is when to jump ship!  ).

The divs are so high in fact I'm considering dropping at LOT more into this at least for the short term. Thanks TAT.

[boyohi]

Anyone jumping ship is misinformed. TAT.VIRTUALMINE is worth way more then BTC0.072 with the divs so high. Thanks for another timely div, it seems to be getting earlier lol.

[8fold]

Anyone jumping ship is misinformed. TAT.VIRTUALMINE is worth way more then BTC0.072 with the divs so high. Thanks for another timely div, it seems to be getting earlier lol.

 

From the contract one agrees to when purchasing these bonds:
"Reserved Rights
Issuer reserves the following rights:
1. To issue additional shares as the market demands
2. To buy back shares at any time within the listed parameters
[...]

Buyback Rights
The issuer reserves the right to buy back bonds at a price equal to 110% of the highest price the asset was traded for over the prior 7 days or 200 times the value of the most recent dividend.
"

[boyohi]

Anyone jumping ship is misinformed. TAT.VIRTUALMINE is worth way more then BTC0.072 with the divs so high. Thanks for another timely div, it seems to be getting earlier lol.

 

From the contract one agrees to when purchasing these bonds:
"Reserved Rights
Issuer reserves the following rights:
1. To issue additional shares as the market demands
2. To buy back shares at any time within the listed parameters
[...]

Buyback Rights
The issuer reserves the right to buy back bonds at a price equal to 110% of the highest price the asset was traded for over the prior 7 days or 200 times the value of the most recent dividend.
"

TAT will keep it going as long as possible. We'll see what happens to the difficulty. At a certain point price/MH will meet with asicminer. Until then I'm pretty happy collecting 3x more divs a week.

[FloatesMcgoates]

This security was just approved on BTCT, how many shares will be released initially?

[SilentSonicBoom]

This security was just approved on BTCT, how many shares will be released initially?

And at what initial price? Thanks for your reply.

[ThickAsThieves]

This security was just approved on BTCT, how many shares will be released initially?

And at what initial price? Thanks for your reply.

This is news to me! I'm actually travelling for a few days so I might need to hold off til I get back. We'll see though!

[wo0x]

TAT, you found a big fan in me


you just got 700BTC from the shareholders of the VIRTUALMINE. given, diffuculty won't raise, you have thereby enough money to pay them 180 days. what a pitty, that afterwards, you will have to throw in money each day (4btc each day, am i right?)

but hey ... what if difficulty might skyrocket and break through the magic petahash frontline? that might mean, that you will have to pay them 0.36 each day (alltogether, not each), or even less.

we are going to converge the daily income for 1MHs asymtotically to satoshis. You will pay them hundreds of years and still have >> 100 BTC profit.

That's such a good idea, that makes me jealous not having it on my own first 

If you have left over some coins after buying more AM shares, go to your holidays--they're well-deserved


_{EDIT: I see, todays total divident payout was around 3.25, making it work for 233 days, if it stayed constant.}