Pandora's Bitcoin Junction (Shareholders wanted)

[PBJ]

UPDATE: 4 more interviews to go.

rannici. I will only state this one more time. I keep them at stock for the GPU as to keep the room cooler and the cards cooler. Along with not burning excess electricity. I never once mentioned about downclocking. I have downclocked to 300mhz. That is just common sense.
Yes I can tweak a bit more. I just have been busy with other aspects of the business. As mining is NOT our sole purpose.

Thank you.

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[rannici]

I have space available. I also have the power requirements met and set with National Grid.

if you're concerned that one mining rig is going to generate excess heat in the space you supposedly have available,
then i'm concerned about your plans to expand your mining operation.

also, it's a dumb argument, that keeping the cards at stock will save on electricity costs, and thus be better for shareholders.
it's dumb because the radeon 5970s are about the most power efficient cards out there,
thus, the more power you pump into them the better ROI you will get.

[rokh]

it's dumb because the radeon 5970s are about the most power efficient cards out there,
thus, the more power you pump into them the better ROI you will get.

Sounds like you need to go research fpga cards. 5970s are not the most power efficient.

[rannici]

i know about asics and fpgas.
but the up front investment in them is still too high to warrant buying them for such low hashing power.

for the general consumer, among graphics cards, the 5970 is still one the best solutions for power-efficient bitcoin mining.

[PBJ]

I am waiting for the risers show up.

I have also been working on other projects that are a bit more consuming than the rig. I have been trying to plan time to get it at its best performance. It has just been a bit hard to make the time between finding a web dev, getting paper work done(contracts, interviews and the such), and a bit more.

The wife will be able to help out later today and take a bit of the load off of me.  Maybe the risers will show today and I can work on the rigs. I want them to run at peak performance without jeopardizing efficiency or too much excess heat.

I am trying to make the best ROI. Not the fastest rig. They do not equal the same thing.

I have not turned on the excess ventilation in the room as of yet. With only one rig as it seems wasteful.

Thank you

[PBJ]

UPDATE: One interview down. Another one added for today. So we are back up to four.

Thank you

[PBJ]

UPDATE: Another interview done. Three more to go today. Next one is in about an hour.

[Ben Walsh (beamer)]

Though Rannici could certainly improve their constructive criticism skills, the exchanges do provide an excellent opportunity for PBJ to demonstrate his ability to deal with difficult and challenging situations skilfully, professionally, swiftly and honestly.

My confidence in PBJ, as both a person and in the role of CEO of this company, is growing with every post and hence so is my confidence in the investment I have made to date.

Rannici - Would you be willing to take a short position on the PBJ share with me providing the counter position ? What would your terms be ?

[PBJ]

UPDATE: Two more to go

Ben Walsh: Thank you for the kind words. Your faith will not go unrewarded!

[PBJ]

Just to let everybody know.

We are still quite bit away from the goal needed for the contract.

I am not asking for people to buy shares.

I just want everyone to know this is part of the hold up.

Thank you.

[PBJ]

UPDATE: One more interview to go. That is later tonight.

So far I have found 2 I wish to interview a second time. Still a lot more to go as it is. Just not all today.

I hope everybody is having a good Monday.

[malagant1979]

Is the business plan complete or a draft ready for review ?

I'm in a position to buy more shares but won't risk any more BTC on this until I've seen a proper business plan with proper projections on sales, revenues, costs, profits etc ... for each of the proposed areas of the operation.

Just to let everybody know.

We are still quite bit away from the goal needed for the contract.

I am not asking for people to buy shares.

I just want everyone to know this is part of the hold up.

Thank you.

[PBJ]

This is completely understandable. I was actually just having a snack and getting ready to build the business plan. Now that I have finally gotten a quote from the company for the prepaid cards. They kept pushing it up and down.

Now that it has been done I am ready to build a business plan. I will keep you updated.

I have the last interview in about 5 hours. I am currently home alone with my kid. So I may have a few distractions here and there. I should have the business plan done before the last interview. If not soon after.

Thank you.

[rannici]

http://www.youtube.com/watch?v=bU6m5UqLx9M

[PBJ]

I am still working on the business plan. It will be done tonight.

My wife is now home. So I can conduct this last interview and finish the business plan. My guess is 1 a.m.ish for it to be done.

Thank you.

Rannici: that was cute. However I do not have time to watch these. 

Thank you.

[PBJ]

Still going. Almost done with the business plan. About another hour to go.

Let me mind you this is only a draft for now. As the hardest part seems to be projecting the mining aspect. For now that will not be showing any growth of profit. I have added the deductions for electricity and extremely low rental fees. I also added the pricing for the rigs as part of start up costs.

Thank you

[PBJ]

UPDATE: The business plan is done.

Long day today and a longer one tomorrow.

If you wish for a copy of the Business plan draft. Please just let me know.

Thank you.

[PBJ]

malagant1979: If you got this before I edited it I a sorry. I did not realize you had already invested. I will PM you in a minute with the "draft". It will be a pdf in a rar.

Thank you.

[PBJ]

Sorry about this one. I forgot to mention in the business plan draft. I am having a hard time figuring out the income side of the mining. But as you will see. Anything earned from mining will be shear profits.

Thank you. Time for me to go to bed so I can wake up in 5.5 hours and go to a meeting.

[PBJ]

Good morning everybody. I have replied to the PM's for the business plan.

Sorry for the short replies. Still yet to get my coffee. The meeting has been pushed back about an hour. So I have about 30 min to field questions.

I will have my phone on me. So I can access the forums and such on the road.

Thank you.