FPGA Mining Contract

[Dexter770221]

Question.
If I will mine on Eligius to 1FPGA... address earnings will automaticly come to you? I want to support and 30min of hashing power per day cost me only 1$ per month, so why not

[1713946082]

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[1713946082]

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[1713946082]

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[1713946082]

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[fizzisist]

Question.
If I will mine on Eligius to 1FPGA... address earnings will automaticly come to you? I want to support and 30min of hashing power per day cost me only 1$ per month, so why not

Absolutely, and the payouts will all be distributed to shareholders. Thanks for the support!

[molecular]

Question.
If I will mine on Eligius to 1FPGA... address earnings will automaticly come to you? I want to support and 30min of hashing power per day cost me only 1$ per month, so why not

That's basically a donation to the shareholders, right? Well, thanks a lot Dexter!

[Dexter770221]

That's basically a donation to the shareholders, right? Well, thanks a lot Dexter!

Yes, indeed. But I'm a shareholder too So, part of that will return too me. And imagine when all shareholders will do the same! It costs only 1$ per month (at least running my rig half a hour per day at 800MH/s) and dividends may double or even triple they value Not too mention that value of share may also go up. I know that I'm idealist but with some time it may be worth alot more that single $ per month... Many says that they will mine just for support of bitcoin even with loss. Loss of 1$ per moth is just a one beer less, I think I will live without one beer  

[jduck1987]

That's basically a donation to the shareholders, right? Well, thanks a lot Dexter!

Yes, indeed. But I'm a shareholder too So, part of that will return too me. And imagine when all shareholders will do the same! It costs only 1$ per month (at least running my rig half a hour per day at 800MH/s) and dividends may double or even triple they value Not too mention that value of share may also go up. I know that I'm idealist but with some time it may be worth alot more that single $ per month... Many says that they will mine just for support of bitcoin even with loss. Loss of 1$ per moth is just a one beer less, I think I will live without one beer  

I'm not about to take the $1 out of my beer budget but I may throw a little mining power this way, I would like to see the share prices jump.

[molecular]

That's basically a donation to the shareholders, right? Well, thanks a lot Dexter!

Yes, indeed. But I'm a shareholder too So, part of that will return too me. And imagine when all shareholders will do the same! It costs only 1$ per month (at least running my rig half a hour per day at 800MH/s) and dividends may double or even triple they value Not too mention that value of share may also go up. I know that I'm idealist but with some time it may be worth alot more that single $ per month... Many says that they will mine just for support of bitcoin even with loss. Loss of 1$ per moth is just a one beer less, I think I will live without one beer  

Dividends will not double or triple. It's more in the range of +1% at most. Running 800MH/s 1/48th of the time is equal to running 17 MHash/s all the time.

About "imagine all shareholders do the same": well, you then have 2 groups of shareholders: One group does not contribute and one group contributes hashpower to varying degrees. The profit however will be distributed by the number of shares each person holds. A pool is a fairer way to share hashpower income, I'd say, because it distributes the profits by amount of contributed hashpower.

As for pumping the share value by adding hashpower: That might actually work, since some (potential) investors will judge the value of the stock mainly by looking at the dividend (which is temporarily artifically incresed) and the value might well rise. I'll keep that in mind should I ever want to sell my shares

[Dexter770221]

Well, I've done my homework for today. 1.5 hour of one 6950 at 350MH/s. Enjoy dividents

[molecular]

Well, I've done my homework for today. 1.5 hour of one 6950 at 350MH/s. Enjoy dividents

Thank you!

[fizzisist]

Well, I've done my homework for today. 1.5 hour of one 6950 at 350MH/s. Enjoy dividents

Thanks for your generosity! If folks really want to do this, I can create a worker on the proxy for them. We almost have a site set up with stats, just a few final touches and I'll post a link. If you send shares to the proxy, you'll be able to see the contribution on that page. Let me know if you're interested in this and I'll PM you a worker name and pass.

In other news, I just received a nice big box from Newegg! Here's a photo of the asset's current inventory:

[Red Emerald]

So where are you mining?  Looking at http://eligius.st/~artefact2/5/1FPGAxkfHskMq9fg2gbAWhPrnqwXydbX93 seems to show that you are mining at multiple places since the hash rate is not consistent.

I'm interested in buying shares (waiting for funds to transfer to GLBSE right now), but I would be willing to invest more if I could see stats.  Maybe you have a link posted and I'm just missing it.

[fizzisist]

So where are you mining?  Looking at http://eligius.st/~artefact2/5/1FPGAxkfHskMq9fg2gbAWhPrnqwXydbX93 seems to show that you are mining at multiple places since the hash rate is not consistent.

I'm interested in buying shares (waiting for funds to transfer to GLBSE right now), but I would be willing to invest more if I could see stats.  Maybe you have a link posted and I'm just missing it.

The site is live! Here's the link: contract.fpgamining.com

You can check on the hash rate and see a graph of the total hashrate for the last 24 hours. It also pulls info from GLBSE including ticker, dividends, and motions. If you subscribe, you'll get an email when a new motion has been raised, which I think is very helpful because GLBSE itself has no way to do this. We'll also be posting updates there, so it would be a good idea to subscribe if you're a shareholder.

The site was created by shareholder kakobrekla, so we can all thank him for his hard work!

[molecular]

The site is live! Here's the link: contract.fpgamining.com

You can check on the hash rate and see a graph of the total hashrate for the last 24 hours. It also pulls info from GLBSE including ticker, dividends, and motions. If you subscribe, you'll get an email when a new motion has been raised, which I think is very helpful because GLBSE itself has no way to do this. We'll also be posting updates there, so it would be a good idea to subscribe if you're a shareholder.

The site was created by shareholder kakobrekla, so we can all thank him for his hard work!
[/quote]

Very nice indeed!

kakobrekla, care to publish an address for donations for making the site?

[jduck1987]

So am I computer illiterate or does http://contract.fpgamining.com not exist?

[notme]

So am I computer illiterate or does http://contract.fpgamining.com not exist?

Works fine for me.

[molecular]

So am I computer illiterate or does http://contract.fpgamining.com not exist?

works for me.

zapp ~ # dig contract.fpgamining.com

; <<>> DiG 9.7.2-P2 <<>> contract.fpgamining.com
;; global options: +cmd
;; Got answer:
;; ->>HEADER<<- opcode: QUERY, status: NOERROR, id: 19695
;; flags: qr rd ra; QUERY: 1, ANSWER: 1, AUTHORITY: 2, ADDITIONAL: 2

;; QUESTION SECTION:
;contract.fpgamining.com.       IN      A

;; ANSWER SECTION:
contract.fpgamining.com. 84535  IN      A       83.169.18.162

;; AUTHORITY SECTION:
fpgamining.com.         172788  IN      NS      ns51.1and1.com.
fpgamining.com.         172788  IN      NS      ns52.1and1.com.

;; ADDITIONAL SECTION:
ns51.1and1.com.         172788  IN      A       217.160.80.164
ns52.1and1.com.         172788  IN      A       217.160.81.164

maybe dns troubles?

[jduck1987]

maybe dns troubles?

Thanks, I used one of my proxies and I can now view it.

[kakobrekla]

Very nice indeed!

kakobrekla, care to publish an address for donations for making the site?

I'm glad you like the page and taking suggestions if anything else is needed.

As per request, I added a donation address on the bottom of 'About us' page.

[notme]

WORKER   SHARES   SPEED EST.
fpga0   A: 0    R: 0   0 Mhash
gpu0   A: 453    R: 7   2195 Mhash
gpu1   A: 196    R: 6   963 Mhash
A: 649    R: 13   TOTAL: 3158 MHASH

!!!

[ArsenShnurkov]

please add:
1) a "roadmap" page to the site, with estimates from this post:
https://bitcointalk.org/index.php?topic=49166.msg593719#msg593719

2) and add link to charts at the main page (it is inconvenient to move from price to charts through "Links" page)

[fizzisist]

Dividends have been paid for this week!

Earnings for the week: 3.2548021 BTC. Amount paid to shareholders: 3.2548021 BTC! That's 0.00054246 BTC/share.

If you saw the stats page last night, you were probably quite shocked by some huge hashrates, as notme saw. No, we didn't suddenly increase our rate by 5. It looks like our monitoring setup just didn't handle the time change very well. Instead of showing the number of shares in the last 15 minutes, it showed the number of shares in the last hour and 15 minutes!

We have it all fixed now, so back to our paltry 850 MH/s or so. Sorry about that! We're working hard to get the rest of these boards ready as soon as possible!