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Author Topic: [CANCELLED] Mining Company based on KNC Miners  (Read 886 times)
rolling
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July 02, 2013, 02:11:01 AM
 #1

I am cancelling this project due to lack of interest.
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July 02, 2013, 05:17:16 AM
 #2

It is quite boring to have so much mining companies, but i have also one knc miner ordered, if you need it for your project, i could join

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Pool of Stake









ICO Starts
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July 04, 2013, 03:24:00 AM
 #3

ADDICTION from Bitfunder is doing this.
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July 04, 2013, 10:02:47 PM
 #4

They are interesting but they are a little different in that they are really just consolidating group buys.  If they increase their hashing power, they will sell more shares, so there is no possibility of increasing your dividend without buying more shares.  We are doing it a little differently in that every shareholder gets an undiluted piece of the pie, as we buy more machines, your dividend could increase without ever investing more Bitcoin.
Without knowing future difficulty it's impossible to say that dividends will always increase. With reinvestment (either DRIP, manual purchase of additional shares, or reinvestment by the security itself) you can increase your stake and total hash speed. Any reinvestment strategy will increase total dividend (sum, not rate) at the expense of greater total investment in the company itself.
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July 05, 2013, 02:46:22 AM
 #5

I am cancelling this project due to lack of interest.
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July 05, 2013, 06:57:23 PM
 #6

I am cancelling this project at the request of "btharper".  Thanks to all of you who have expressed your interest.
I've got no reason to want to see this project scrapped. I'd say there are a large number of other mining ventures but I also think KNC has some of the better mining equipment across multiple important metrics. I just think there are better ways to handle sales.
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