[BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH!

[joele]

Think we are both trying to say the same

What i meant is income will lower with difficulty, so say that diff goes up by 30% each week from now on and we currently mine 100:
Week 0: 100
Week 1: 70
Week 2: 49
Week 3: 34,3
Week 4: 24
Week 5: 16,8
Week 6: 11.76
Week 7: 8,23

Thats with a constant increase of difficulty of 30%/week

In your example the difficulty change is different each week:
Week 2: 80 (-20%)
Week 3: 60 (-25%)
Week 4: 40 (-33%)
Week 5: 20 (-50%)

Not saying thats incorrect, but its something to consider.. The truth will tell eventually
Edit: looks like tomorrow we'll have another 40% diff change on our hands.. Let's hope it doesn't keep doing that!

Looks like difficulty is not rising much, probably some miners are failing now

#Bitcoin Difficulty: 510,929,738 ; Next(estimate) 539,026,896 (+6%) in 9 Days 9 hours ;  http://BTC.re

[1715265305]

1715265305

[mvidetto]

How much are these shares going for nowadays now that bitfunder is shutting down and the shares are going private?

[bobboooiie]

can someone point me out to post how to tranfer out shares from BF please?

[maqifrnswa]

How much are these shares going for nowadays now that bitfunder is shutting down and the shares are going private?

We should set up an order book thread like:
https://bitcointalk.org/index.php?topic=320578.0

so there aren't several auction threads going on simultaneously

tyrion and blastbob, how would you like private transfers handled? What would fees be, would you do escrow, and what are the escrow fees? That info can be in the new "[ADDICTION] Order Book" thread.

[tyrion70]

can someone point me out to post how to tranfer out shares from BF please?

Quoted below: It's to bad you can't sticky a topic on every page or something.. I'll try to repost it more often sorry..

We'll keep the transfer process intact though. So once again:

To do this transfer your shares to the ADDICTION account on bitfunder and send an email to p2poolnl@gmail.com containing:
- Your bitfunder name
- The number of shares transferred
- The BTC address you want to use for payouts. Make sure you use an address you actually own and can sign messages with!

Don't do this on Sundays because of dividend payments

If you don't have access to 2FA please let us know through PM so we can find a fitting solution.

We should set up an order book thread like:
https://bitcointalk.org/index.php?topic=320578.0

so there aren't several auction threads going on simultaneously

tyrion and blastbob, how would you like private transfers handled? What would fees be, would you do escrow, and what are the escrow fees? That info can be in the new "[ADDICTION] Order Book" thread.

Transfer process is quite simple:
Seller sends a PM or email with the text:
"Please transfer X shares from BTC address Y to BTC address Z" and signs this line with the bitcoin client with his btc address on file

Transfers have no fees (unless we get a dayjob processing them ) Escrow can be arranged as well, escrow fees would be the transaction fees involved (usually 0.001?) plus any tip you guys feel comfortable with If the volume of transfers grows to large we'll try to setup some system to automate some of it

Cheers,

[tyrion70]

All transfers so far have been processed again. Latest list here http://pastebin.com/t0qv3jnS

124 persons left with 96330 shares. We're getting close

Cheers,

[maqifrnswa]

I set up an order book thread, might be easier than having multiple auctions going on. Place your bids and asks there and try to make a market
https://bitcointalk.org/index.php?topic=328135.msg3523438

[sLide.]

All transfers so far have been processed again. Latest list here http://pastebin.com/t0qv3jnS

124 persons left with 96330 shares. We're getting close

Cheers,

Whatcha mean , "We're getting close"?

[KSV]

Hey guys,

Looking for BTC sellers - for https://www.fybse.se

HUGE increase in demand, low supply!

Will reimburse all seller fees for a temporary period (trade for zero fees!!)

*To claim reimbursement of trade fees contact admin via contact page*

FYB-SE

[tyrion70]

Whatcha mean , "We're getting close"?

Close to converting all Bitfunder shares to direct shares effectively closing the Bitfunder period

[hardinero007]

hi boss, i transferred all of my bitfunder addiction shares (2500) to ADDICTION.  email was also sent.  hope it would be processed soon.  regards

[philipma1957]

we are approaching dividends.

last week we had 142.17 coins earned - 25 btc one time charge = 117 coins - 9.03 coins for hosting = 108.14 coins to be divided up  divide by 334800 was

.000323 a share.  for my 1250 shares I got .40375


 

https://blockchain.info/address/1AddiCt8ghkH8zwPpcv8W8SxcQEoGTSJFS

this week we are at 85 coins no one time  charge = 85 coins.     hosting will be less then 9.03 coins since BTC jumped a lot.  so hosting may be 6 coins

(a guess).

that would mean we are at 79 coins  divide by  334800 =  .000236 a share    for my 1250 shares  I get .295


that should be higher as we should earn more in the next 24 hours.  

in terms of USD        last sundays price per BTC was 218   this Saturdays price is 342.

So in terms of USD  this weeks dividend is better then last weeks.  

 In my case .40375 btc last week was  88 usd

This weeks .295 btc  equals about 100 usd



 The estimated dividend is just that an estimate.   I think it will be more like  .00025 then the .000236 I posted above.

for those that say you should have just purchased BTC and held  you would have made more  fine.  This investment will still show a fiat profit for me  and if it is less then holding btc  I am okay with that. Do not knock profit  even if it is lower then a different profit would have been the bottom line it is still profit.


I like to go bowling I am decent not great.  My avg has been as high as 170 a game and my best game is 234.  Not  a perfect 300 game but it is still a good game.
If this buy ends up decent not great I am fine with that.

 It is far better then BFL  534 usd since Jan of 2013 (nothing yet).  or cloudhashing  734 usd in about 200 usd back.

[Tiennou74]

I just got a payment yesterday.
https://blockchain.info/tx/614f5fc645298437b31cb53ba4848e1f3020ed73964d555ae44609b413caaf1a

Was this the Addiction dividend?

[tyrion70]

I just got a payment yesterday.
https://blockchain.info/tx/614f5fc645298437b31cb53ba4848e1f3020ed73964d555ae44609b413caaf1a

Was this the Addiction dividend?

Nopes, that was a payout from Eligius (mining). You are probably mining on eligius as well or you had some shelved shares there that paid out.

Cheers,

[Tiennou74]

Thanks!

[btceic]

My auction for 3409 shares still stands, current high bid is 6.68, BIN price is 15BTC

[Dabs]

I sent email for direct shares.

[sLide.]

I'm looking to purchase .5 BTC worth of shares if anyone is looking to move some?  Let me know!

[Dabs]

I'm looking to purchase .5 BTC worth of shares if anyone is looking to move some?  Let me know!

1. You send first.
2. You pay the share transfer fee (unless it's free.)
3. 100 shares for your 0.5 BTC.

PM me if you're interested, and let's do this after today's dividend payment.

[tyrion70]

Transfers up until now are processed again: http://pastebin.com/F3Pr4040

111 people left with shares on bitfunder (68641 shares)