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

[btceic]

@tyrion70,
Are you keeping that list of dividends up to date?

[tyrion70]

@tyrion70,
Are you keeping that list of dividends up to date?

PM Sent

[btceic]

@tyrion70,
Are you keeping that list of dividends up to date?

PM Sent

Received, thank you sir.

[btceic]

I am offering to sell my 3409 shares @ .00057, it comes out to about 11% dividends after hosting fees and the remaining shares held.

At current shareprice of 0.00057 (thanks to 100@0.00057 - eightcylinders) we're talking about 0.35$ per share

Cheers

 

I don't know if it makes sense, but maybe you could email the shareholders who are under 100 shares and see if they want to sell to me at the .00057 price I offered for the smaller holders.  I am reluctant to send PMs myself since i am pretty new here, but coming from one of you it might help clean up a bunch of the smaller shares.  Ideally, if you act as escrow; I could make one payment to you and then you distribute it out pro rata to the shareholders who agree to cash out. You might offer to include the distribution that you withheld from the last time (for the 1 share holders I think are the only ones who did not get?).  Let me know if you want me to do anything else to push this.  I think it benefits everyone to clean it up now that difficulty is so high.

Thanks for the offer, I just sent a PM to all shareholders with less than 50 shares (because 50 was an original GB2/3 share). Lets see how many people want to make use of this offer..

Cheers,

[tyrion70]

Div time!

The numbers:
Balance in wallet: 18.75698384
Still in wallet for non-confirmed shares: 1.4432574
Hosting costs: 3.11447944
Dividends: 14.19924700
Dividends per share: 0.00004241
Namecoin balance: 151.22506916

Only 678 shares left to confirm.

Latest sharelist can be found here:
http://pastebin.com/r0diL2M9

Dividends have been sent in tx:
https://blockchain.info/tx/ac375ebed5d83b0d11a8aa67ccfe871de10946fd8c5ecd07a23e3033bd6e0fdc

Cheers!

[KSV]

received, brilliant as usual

[AvenG]

I would like to know if you're considering selling the Jupiters and then splitting the revenue to the shareholders? I remember have read once that this could be possible if a reasonable percentage of the shareholders decide to do so by submitting his vote.
Considering the actual XBT price, cost per GH/s and predicted increase of difficulty.. The time to act is now !!
anyone else?

[maqifrnswa]

I would like to know if you're considering selling the Jupiters and then splitting the revenue to the shareholders? I remember have read once that this could be possible if a reasonable percentage of the shareholders decide to do so by submitting his vote.
Considering the actual XBT price, cost per GH/s and predicted increase of difficulty.. The time to act is now !!
anyone else?

There is a mechanism to buy and sell addiction miners:
https://bitcointalk.org/index.php?topic=328135.0

Buy up enough shares to "own" a miner and then sell it. The interesting thing is that it is already hashing and is in a datacenter, so it should demand a higher price than having it shipped somewhere. If you insist on shipping it to you (or someone else), maybe you can work out a deal with tyrion70.

I love this group buy because it is so transparent, and it is set up as a market. The market allows everyone to collectively decide what should be done.

[tyrion70]

First of all what Maqifrnswa says

Also, if you look at the current ask prices for shares you see a whole miner is currently "valued" at 5.332BTC (0.00053*12400). Going rate for October miners on ebay is around 3000$ which is the same. For most people selling the shares at that price would still make a loss considering the original btc purchase price, so we're not planning on selling any of the miners at this point.

However the option as described above is plausible, if someone holds enough shares for one whole miner we don't object to shipping that miner if requested (at own risk for shipping damage, taxes and shipping costs). Especially the risk of shipping damage is one we're not willing to take at this point.

We will have to sell them eventually as soon as costs are getting higher than profit, but that will still take some while.

[utens]

Also as a way to get a higher %  back ,   are we considering if there is another coin rather than namecoin to merge mine?  even something to speculate, like some starting altcoin. 

[equipoise]

Also as a way to get a higher %  back ,   are we considering if there is another coin rather than namecoin to merge mine?  even something to speculate, like some starting altcoin.

Please read what a merge mining is and you'll understand why you can't merge mine "something to speculate, like some starting altcoin" in addition to name coins and bitcoins.

[utens]

Also as a way to get a higher %  back ,   are we considering if there is another coin rather than namecoin to merge mine?  even something to speculate, like some starting altcoin.

Please read what a merge mining is and you'll understand why you can't merge mine "something to speculate, like some starting altcoin" in addition to name coins and bitcoins.

For example Huntercoin is merge minable ,  but it doesn't seem to be profitable

[equipoise]

Also as a way to get a higher %  back ,   are we considering if there is another coin rather than namecoin to merge mine?  even something to speculate, like some starting altcoin.

Please read what a merge mining is and you'll understand why you can't merge mine "something to speculate, like some starting altcoin" in addition to name coins and bitcoins.

For example Huntercoin is merge minable ,  but it doesn't seem to be profitable

You may be right and maybe I'm the one who should do the reading.

[justanickname]

What is the minimum US dividned per share to continue the mining of this group?
Thanks

[tyrion70]

What is the minimum US dividned per share to continue the mining of this group?
Thanks

It's around 0.0055 USD / share costs per week (~1850 USD/week) depending on EUR/USD rates.

[tyrion70]

Div time!

The numbers:
Balance in wallet: 17.36959731 (still 1.29068018 maturing)
Still in wallet for non-confirmed shares: 1.47201138
Hosting costs: 3.079699248
Dividends: 12.81788668
Dividends per share: 0.00003828
Namecoin balance: 171.38007878

Only 678 shares left to confirm.

Latest sharelist can be found here:
http://pastebin.com/D0mjmQzu

Dividends have been sent in tx:
https://blockchain.info/tx/88c6393fbde7b0f621f4bd982fdfac856f0b80c1fb67a6f18642beb0cf7f0a04

Cheers!

[equipoise]

Dividend received. Thank you!

[tyrion70]

Div time!

The numbers:
Balance in wallet: 17.98406610 (0.74227361 maturing)
Still in wallet for non-confirmed shares: 1.49796522
Hosting costs: 3.391959799
Dividends: 13.09414108
Dividends per share: 0.00003911
Namecoin balance: 247.10327651

Only 678 shares left to confirm.

Latest sharelist can be found here:
http://pastebin.com/YTN4WC5r

Dividends have been sent in tx:
https://blockchain.info/tx/24975358f660dcb80324d7edfa2a6f09cb0e46c7e8b08c8c19b49e0b48692a93

Cheers!

[equipoise]

Another dividend on time! Each time. Thank you.
To the members of this GB: write a positive trust rating to tyrion70. He deserves it. 

[TookDk]

Div received!
Thank you sir.