[GLBSE] MergedMining BTC/NMC Mining Company

[qualalol]

I continuously buy MM shares, mostly every week, prices have always been around 0.13-0.14, never over 0.14 for long time now.

I can confirm that. I've been buying (0.125 to 0.13) and selling (around 0.14) over at least the last 6 weeks.

MergedMining is undervalued compared some of the other mining contracts. It offers roughly 39% ROI per year (without reinvesting, with reinvesting it'd be 47%) at current ask price. FPGA.contract and JLP-BMD offer only 28% and 25% respectively (JLP-BMD still exhibits unstable dividend payment, so that value is not to be viewed as solid yet).

At current dividend levels, a ROI of 30% would still be reached with a price of 0.1733 BTC per share.

(disclaimer: I own MergedMining shares)

When I last did some calculations BMMO had better returns, although I can't remember the exact figures.

[OgNasty]

A dividend of 5.901 BTC has been paid.

[OgNasty]

UPDATE:
After reading this post I decided to order a BFL Single for MergedMining.  Our order was placed on 2/22/12 to beat the perceived coming rush of orders.  Funds for this order were provided on a temporary credit basis in order to keep the outstanding share count down while we wait for delivery.



The decision to purchase an FPGA miner was voted on by shareholders and passed per the below motion.

A motion has been submitted on the FPGA issue and will run for a couple days.  Please vote.  If a majority 'Yes' vote is received, I will move forward in purchasing an FPGA miner.

Voting ends on Friday, November 4th at 7:30PM EST has ended.

The results of the motion show that investors are interested in pursuing an FPGA miner for the company (4:3 in favor of FPGA mining).

[Nefario]

Watching thread.

[JL421]

OgNasty, would it be possible to get some dividend paid per share information for the report I'm compiling?

Or at least the number of shares dividends were paid to on the dates dividends were paid?

Possibly how many share have been released and sold thus far as well?

Thanks!

[drakahn]

OgNasty, would it be possible to get some dividend paid per share information for the report I'm compiling?

Or at least the number of shares dividends were paid to on the dates dividends were paid?

Thanks!

Sure. 

I did not find any info on the dividend per share.
If that's not a secret, would you mind to share, please?

Sure.

The current weekly dividend is 0.001BTC/share.

[JL421]

OgNasty, would it be possible to get some dividend paid per share information for the report I'm compiling?

Or at least the number of shares dividends were paid to on the dates dividends were paid?

Thanks!

Sure. 

I did not find any info on the dividend per share.
If that's not a secret, would you mind to share, please?

Sure.

The current weekly dividend is 0.001BTC/share.

I should expand...if possible it'd be nice to have a complete list of dividend per share...

[drakahn]

I've only just bought some, but i think its been 0.001/share for a while, the rising total dividend paid is because of more people buying shares, the rest will be in the thread, i guess i would click 'all' and search the page for 'dividend' or 'paid' or some combination thereof



also on the OP

1 BTC on 11/6/11
1 BTC on 11/13/11
1 BTC on 11/19/11
1 BTC on *11/24/11
1 BTC on 11/26/11
3 BTC on 12/3/11
4 BTC on 12/10/11
4 BTC on 12/17/11
4 BTC on 12/24/11
1 BTC on *12/25/11
4 BTC on 12/31/11
5.457 BTC on 1/7/12
5.490 BTC on 1/14/12
5.466 BTC on 1/21/12
5.463 BTC on 1/28/12
5.435 BTC on 2/4/12
5.5 BTC on 2/11/12
5.66 BTC on 2/18/12
5.901 BTC on 2/25/12

[JL421]

I've only just bought some, but i think its been 0.001/share for a while, the rising total dividend paid is because of more people buying shares, the rest will be in the thread, i guess i would click 'all' and search the page for 'dividend' or 'paid' or some combination thereof



also on the OP

1 BTC on 11/6/11
1 BTC on 11/13/11
1 BTC on 11/19/11
1 BTC on *11/24/11
1 BTC on 11/26/11
3 BTC on 12/3/11
4 BTC on 12/10/11
4 BTC on 12/17/11
4 BTC on 12/24/11
1 BTC on *12/25/11
4 BTC on 12/31/11
5.457 BTC on 1/7/12
5.490 BTC on 1/14/12
5.466 BTC on 1/21/12
5.463 BTC on 1/28/12
5.435 BTC on 2/4/12
5.5 BTC on 2/11/12
5.66 BTC on 2/18/12
5.901 BTC on 2/25/12

Ok, so that answers both questions I had in one shot...how many shares have been sold, and what the dividend are. Thank you

[OgNasty]

UPDATE:
Our website MergedMining.bit is now live!

HOW TO BROWSE .BIT DOMAINS

If you have any ideas for the site, or any graphic design skills you want to donate, let me know.


EDIT:
A MergedMining.bit Website Proxy is now available.
(DNS Server w/ .bit Support Not Required, NOTE: Not All Website Features Function Properly In Proxy Site)

[gewure]

wanted to let you know that i now own 1% of merged mining.

[OgNasty]

NEWS:
I wanted to mention a couple things.  This morning someone hacked slush's mining pool and stole 3,000+ BTC.  Being that slush is a honorable legendary pool operator, he pledged to cover the stolen BTC with his own funds.  I would like to say THANK YOU to slush for his generous actions and would request that anyone willing to help slush recover some of these stolen funds donate to his collection efforts at the following BTC address: 18pmHDP5fx4A9Tpo69V1KEXWUQyK7EvT9C

Our password was immediately changed once this news broke, so this theft should have no effect on us whatsoever.

In other news, user JL421 has compiled a thread rating mining companies on the GLBSE.
He had this to say about our company:

MergedMining was the first company to implement the MergedMining technique, and it paid off. They started with a low dividend, and built up a reservoir of funds for dividend payouts. Since then, dividends have been growing, and have more room to run. OgNasty has proved to be a great operator, and it shows in every facet of how the company is managed. With the share price holding steady for a long time, you know your dividends will keep working for you at MergedMining...

Also, a couple of you have PM'd me with ideas for our website, MergedMining.bit.  I have implemented some of these ideas (changed color scheme, included a link to GLBSE, etc.) but would love to have these suggestions made in this thread so other shareholders can voice their opinions on the subject as well.  This thread will continue to be the #1 place to stay up to date with MergedMining activities, so if you are intimidated by .bit websites, don't worry, you aren't missing out on much at the moment a website proxy is now available.

[OgNasty]

A dividend of 5.879 BTC has been paid.

[roomservice]

Hi,

just bought some shares. Seems like a very good investment.

Keep the good work up OgNasty! Thanks for letting us participate in your business!

[Nefario]

The demo version of GLBSE2.0 has been updated.

Since this is going to be the system you guys will be using it very soon please go over to http://dev.glbse.com and give it a try.

Create a new share, sell them (create a fake account to test buying them), create some new motions, pay dividends and play around in general.

2.0 is a big step away from the current system, and it's important that you're ready for the change over.

Here's the release notes
https://bitcointalk.org/index.php?topic=60489.msg781561#msg781561

[OgNasty]

UPDATE:
I received the following email from Butterfly Labs yesterday:

Your payment has been received in full and your BitForce SHA256 Single is secure. Your date of purchase is 2/12/2012. I will keep you informed as to the expected delivery date of your order.


Thanks again for your interest in our product.


Kind regards,
Sonny K
BF Labs Inc.

[OgNasty]

nice RSM and BTCSYN also received emails from BFL , i think another month before they send.

The race is on...  The question is, should we order a 2nd unit?

[molecular]

nice RSM and BTCSYN also received emails from BFL , i think another month before they send.

The race is on...  The question is, should we order a 2nd unit?

I thought one of the advantages of this company was the extremely low power cost. Wouldn't is make sense to exploit that fact by buying cheap GPU instead of more expensive hardware noone knows the delivery date of?

[OgNasty]

I thought one of the advantages of this company was the extremely low power cost.

Low power cost is one of our advantages.  This will still be an advantage using BFL Singles. 

Wouldn't is make sense to exploit that fact by buying cheap GPU instead of more expensive hardware noone knows the delivery date of?

Adding more GPUs at this point would mean building another mining rig.  I am not sure that is the right direction to be heading when FPGA mining is rapidly gaining popularity, difficulty is rising, and the block reward is set to be cut in 1/2 near the end of the year.  My vision is for MergedMining to grow to be the most diversified top quality mining company on the GLBSE and I do not think that solely "buying cheap GPU" is the way to fulfill that vision.  As for a delivery date, we should have our BFL Single before March 28th.

[likuidxd]

Adding more GPUs at this point would mean building another mining rig.

You can get another VGA on that board