[WTS] 2 GH/s of perpetual mining bonds. Please post if interested.

[baloo_kiev]

These are preliminary[/i] auction rules. Please post if interested, ask your questions, suggest your changes to conditions. Start of auction and final rules will be announced in this thread if there is demand.

I want to sell 2 GH/s of perpetual mining bonds in shares of 100MH/s. They are backed by:

- my current available hashrate (~335 MH/s SHA256d + ~1 MH/s scrypt)
- BFL 5GH pre-order from 30 March 2013 = 5 GH/s
- 20 Avalon chips in SebastianJu's group buy (going for assembly to Burnin, who has already shown photo of a ready board) = 6 GH/s
- 32 Avalon chips in t13hydra's group buy + PCBs paid = 10 GH/s
- 2 shares in pidobir's Metabank/Bitfury device group buy = 10 GH/s
- 1 share in SilentSonicBoom's KNC Jupiter group buy = 5 GH/s
- my own funds (yes, I have a job not related to BTC and some history on this forum and take full personal responsibility for dividends payment)

Dividends will be paid each time Bitcoin network difficulty changes (approximately once per 2 weeks).

If requested, I can transfer my shares in the group buys to escrow (they are bound to BTC address, so it's as easy as just posting a signed message to the group's buy thread). Also, a part of funds from this auction may also go to escrow address. You may suggest your way to escrow.

Starting price is 0.35 BTC/share = 3.5 BTC/GHps.

If you would like to buy the PMBs at that price but do not like any of my conditions, please suggest your changes.

[baloo_kiev]

Oh shit!

Mods please edit the OP, remove all bold/italic. I will always press 'Preview' before posting from now on, I promise. Thank you!

[baloo_kiev]

Strange that nobody is interested. Where are all those who buy PMBs at 4+ BTC/GH at exchanges 
Should I lower the price to 3?

[fuggedit]

Are you still interested in selling this at 3btc?

[baloo_kiev]

That was 2 months ago. Now, nobody wants it at that price of course! TAT.VIRTUALMINE is traded at 0.57 - 0.67 BTC per GH and still a bit overpriced I think.

[fuggedit]

wow, I don't get it, so people just fabricate these issuances out of their fart vapors if they wish? Don't they have to have some backing at all?

[fuggedit]

wow, I don't get it, so people just fabricate these issuances out of their fart vapors if they wish? Don't they have to have some backing at all? Whats to stop someone from doing this and then absconding with the principal after a big volume becomes bought into it?

[bitcoinshare]

lol