BMMO - BlockMiners Mining Operations

[teek]

Are there any plans on hardware upgrades?
//DeaDTerra

There are, but nothing is finalized..  We are not trying to jump on the ASIC bandwagon yet.. I am not interested in giving out interest free loans to BFL.. and FPGA is almost pointless in our situation right now..


 teek

[teek]

With ASIC on the horizon, we realize that the future of mining will be a very different world.  With the block reward dropping and GPU and FPGA heading toward obsolescence we must all adapt.

BlockMiners BMMO was the first mining operation to offer a 1 MH/s share / bond, and one of the first successful mining operations on the GLBSE period.  It is also one of, if not the longest standing asset on the GLBSE with a historic record of timely payments you could set your watch too.

Today at BMMO we bring you another first.  To reward our loyal shareholders and to stay relevant, BMMO will be paying an additional "Difficulty Based Bonus"  of .00000001% of Difficulty represented in MH.  Current holders of BMMO need not do anything, you will automatically start receiving the bonus next Sunday.

We are rapidly expanding our GPU operations, exploiting our cool climate and extremely low energy costs for one last hurrah to our GPU days, preparing us for what comes next.  Once the new technology is proven and the market has stabilized we will make a move into such technologies.

We will also lower our fees due to falling operating costs relative to BTCUSD.  Starting next week our fees will decrease from .0015 to .0012 per share for the foreseeable future.

Further announcements will be forthcoming before we release any new bonds for sale on GLBSE.

I will accept private offers via PM from anyone interested in 1000 units or more that wishes to join us in this expansion.

teek

[teek]

Dividends  paid!

With the new dividend structure we paid out 1.01866391 mhash per share for a gross dividend of  .00387092 minus our fee of .0012, we paid a net of .00267092 per share.


teek

[teek]

Dividends paid!

We paid out  1.02036671 mhash per share for a gross dividend of  0.00357128  minus our fee of .0012, we paid a net of 0.00237128 per share.

teek

[teek]

Dividends paid!

We paid out  1.02036671 mhash per share for a gross dividend of  0.00357128  minus our fee of .0012, we paid a net of 0.00237128 per share.

teek

[teek]

Dividends paid!

We paid out  1.02190865 mhash per share for a gross dividend of  0.00327011  minus our fee of .0012, we paid a net of 0.00207011 per share.

teek

[teek]

Dividends paid!

We paid out  1.02190865 mhash per share for a gross dividend of  0.00327011  minus our fee of .0012, we paid a net of 0.00207011 per share.

teek

[teek]

Dividends paid!

We paid out  1.02440643  mhash per share for a gross dividend of  0.00297078 minus our fee of .0012, we paid a net of 0.00177078 per share.

teek

[teek]

Dividends paid!

We paid out  1.02440643  mhash per share for a gross dividend of  0.00297078 minus our fee of .0012, we paid a net of 0.00177078 per share.

teek

[teek]

Dividends paid!

We paid out  1.02694048  mhash per share for a gross dividend of  0.00267005 minus our fee of .0012, we paid a net of 0.00147005 per share.

teek

[teek]

Dividends paid!

We paid out  1.02694048  mhash per share for a gross dividend of  0.00267005 minus our fee of .0012, we paid a net of 0.00147005 per share.

teek

[teek]

By the way, nice avatar.

And thanks for doing a great job :> I still have 3775 shares of these.

thanks usagi!

[teek]

Dividends paid!

We paid out  1.02864141    mhash per share for a gross dividend of  0.00257160 minus our fee of .0012, we paid a net of 0.0013716 per share.

teek

[teek]

I have received a list and a few updates to the list for BMMO from Nefario..  I am still looking at everything, please give me a few days to review all available information and propose a plan moving forward.

thanks

teek

[Factory]

I would really appreciate an update on were BMMO stands.

[teek]

BMMO will be paid out.  We have crunched the initial numbers..  I will try to get the claim process going this week, ideally its wrapped up by the end of the month.

teek

[illpoet]

nice good to hear it!thx for the update

[Factory]

BMMO will be paid out.  We have crunched the initial numbers..  I will try to get the claim process going this week, ideally its wrapped up by the end of the month.

teek

Thank you for the update.

[zapeta]

So, it's the end of the month and the payout has yet to happen.  Can we please get an update?

Thanks!

[teek]

Hi guys.  Yeah I apologize, I intended to do up a claim website and have some automated verification of signed messages etc and I just never had the time to get it going, and the month is already gone, ugh.

I know you guys are all waiting.. Please expect an email this weekend to the claim address you have on file.  We will require a signed message from the bitcoin address your claim is attached to, relinquishing control of any shares that address is entitled too in order to receive a payout.  If you do not know how to do this, if you are using the satoshi client you can just goto file > sign message > select your claim address, put your message in, and click sign..  There is lot's of info on how to do this on the web if you are not familiar.

teek