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Author Topic: BMMO - BlockMiners Mining Operations  (Read 13425 times)
teek
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January 08, 2012, 06:58:13 PM
 #61

Hi all!  Dividends have been paid, .0056 per share gross, .0041 net per share paid to shareholders!

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teek
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January 15, 2012, 04:12:20 PM
 #62

Hi all!  Dividends have been paid!!   .0056 per share gross,  minus our .0015 fee, .0041 BTC net per share paid to shareholders!

teek

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January 17, 2012, 03:03:57 PM
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Will you be updating the website with the new estimate for the next week? Also congrats on the price rise, looks like you're doing an excellent job!
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January 17, 2012, 04:07:45 PM
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Will you be updating the website with the new estimate for the next week? Also congrats on the price rise, looks like you're doing excellent job!

Cheesy  Thanks, website updated.

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January 22, 2012, 07:27:03 PM
 #65

Dividend day!!  This weeks dividends have been paid!  .0056 per share gross,  minus our .0015 fee, .0041 BTC net per share paid to shareholders!

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January 29, 2012, 06:32:59 PM
 #66

Dividends paid!   .0055 per share gross,  minus our .0015 fee, .0040 BTC net per share paid to shareholders!

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February 04, 2012, 05:17:04 PM
 #67

good work, time to move forward
what's new with BMPO?
teek
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February 05, 2012, 05:14:39 PM
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Dividends paid!   .0054 per share gross,  minus our .0015 fee, .0039 BTC net per share paid to shareholders!

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February 05, 2012, 05:17:08 PM
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good work, time to move forward
what's new with BMPO?

The pool ops are kind of on the back burner at the moment.

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February 12, 2012, 06:57:05 PM
 #70

Dividends paid!   .0051 per share gross,  minus our .0015 fee, .0036 BTC net per share paid to shareholders!

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February 20, 2012, 06:46:56 PM
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Hi all!  Dividends were paid yesterday!  .0051 per share gross,  minus our .0015 fee, .0036 BTC net per share paid to shareholders!

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February 26, 2012, 09:30:45 PM
 #72

Dividends paid!   .0051 per share gross,  minus our .0015 fee, .0036 BTC net per share paid to shareholders!

teek
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March 04, 2012, 04:02:13 PM
 #73

Hi all!  Dividends have been paid!   .0051 per share gross,  minus our .0015 fee, .0036 BTC net per share paid to shareholders!

Other good news!  Phase 1 of BMMO expansion is almost done.  We look forward to releasing some pictures and stats that showcase the BMMO farm and what we have been up to over the past little while and we will do so in the coming days and weeks along with some other changes to the BMMO asset.


We have issued some new shares at BlockMiners to expand our shareholder base and fund another round of expansion.  Please keep in mind that the BMMO asset is not subject to dilution in the same way a traditional stock is.  At BlockMiners, each BMMO share is backed by at least 1 mhash.  We now have 10,000 authorized shares, each one worth 1 mhash.  We hope that additional shares will also increase trading activity and provide a little more natural liquidity. 

More news soon!

We appreciate hearing any feedback, make a post on this thread or shoot us a pm or e-mail!

teek

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March 11, 2012, 06:02:24 PM
 #74

Dividends paid!   .0048 per share gross,  minus our .0015 fee, .0033 BTC net per share paid to shareholders!

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March 25, 2012, 05:14:13 PM
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Dividends paid!  Another weekly dividend of .0047 BTC per share has been paid!  Minus our fee, .0032 per share net to shareholders!   We paid these out on GLBSE 2.0 today and other than a little bit of interface shock (they need a UI / UX guy) it seems to have worked smoothly!

I also just noticed that my post from last weeks dividends payments didn't post or something as it is not here.  For the record, last weeks dividends were paid on time, last Sunday, and were .0047 gross, .0032 net (same as this week).

We are looking to add a lot more hashing power soon!  We hope to have pictures / stats of our new rig as soon as it is all cable tied up and looking pretty!  Hint: it's a 10GH monster with room / power for at least another 30 Wink

teek




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March 25, 2012, 05:21:13 PM
 #76

hmm actually i noticed the way the new system pays dividends is a little different than it was so the dividend payout was slightly lower than it was supposed to be.  I manually paid out the different in second payment just now, but I will have to figure this out / talk to Nefario about how it works by next week.

teek

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March 31, 2012, 05:26:23 PM
 #77

Hi all!  We sent out a test dividend today of 1 BTC, just to make sure the dividend distribution is working correctly in GLBSE 2.0, and it is!  This dividend is on the house,  real dividend coming tmrw!

teek

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March 31, 2012, 11:33:54 PM
 #78

Hi all!  We sent out a test dividend today of 1 BTC, just to make sure the dividend distribution is working correctly in GLBSE 2.0, and it is!  This dividend is on the house,  real dividend coming tmrw!

teek

I actually got 2 dividends from BMMO 4 hours apart.  One for .05425074 per share and the other .00301393 per share.  The .00301393 has not shown up on the BMMO page.

On the OP you post the assets held by the company.  Could you also post the current expenses as well?

Introducing constraints to the economy only serves to limit what can be economical.
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April 01, 2012, 02:28:50 AM
 #79

The "phantom" dividend payment is to those who didn't have their dividend from Sunday due to a GLBSE bug on the opening of GLBSE2.0.

This has cost GLBSE about 9BTC as a few accounts that shouldn't have got the payment. The overall result is that BMMO shareholders should be very happy getting extra payments.

Nefario

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To get help and support for GLBSE please email support@glbse.com
teek
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April 01, 2012, 04:34:12 PM
 #80


On the OP you post the assets held by the company.  Could you also post the current expenses as well?


The current assets held by the company is approximately 13,000 mhash worth of radeons consisting of 5830's 5850's 6870's 6950's 7950's and 7970's.  I believe there are currently 44 GPU's, 8 motherboards, 10 PSU's, 2 PDU's, etc etc.  Expenses are around 120 BTC a month at the moment..

However, this is pretty irrelevant in BMMO's case because Blockminers remains a private company.  Our BMMO asset represents 1 mhash of bitcoin mining power in our system.  We take a (currently) .0015 fee to cover expenses etc.  Our obligation to shareholders means that we will maintain the mhash's provided, using whatever equipment we see fit to do so and maintain profitability.  IE:  our fees remain lower than the gross output of a mhash.




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