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Author Topic: FPGA Mining Contract  (Read 38545 times)
notme
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February 09, 2012, 08:44:01 PM
 #261

If anyone's interested in some FPGA.contract stock at a discount, I've been pushing the price down the past few days trying to offload shares (though I really want them) because I need the BTC before I have loans up. I have 73 remaining if anyone wants them for .38BTC/share. I'll buy in later -- none too happy I wasn't able to hold these shares for longer than a week.

I'll take 5 at that price, order is active.

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Kluge
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February 09, 2012, 09:03:18 PM
Last edit: February 09, 2012, 10:39:36 PM by Kluge
 #262

If anyone's interested in some FPGA.contract stock at a discount, I've been pushing the price down the past few days trying to offload shares (though I really want them) because I need the BTC before I have loans up. I have 73 remaining if anyone wants them for .38BTC/share. I'll buy in later -- none too happy I wasn't able to hold these shares for longer than a week.

I'll take 5 at that price, order is active.
Done.  Smiley

ETA: 53 remaining

Put an order to queue and don't spam in this topic. Anyone interested in buying/selling will find what are current asks/bids.
My goal was to not push the price down further for others holding, but as you wish.
Dexter770221
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February 09, 2012, 10:38:13 PM
 #263

Put an order to queue and don't spam in this topic. Anyone interested in buying/selling will find what are current asks/bids.

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
SaltySpitoon
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February 12, 2012, 07:21:16 PM
 #264

Just kind of wondering, when are dividends paid? Is it just any day of the week, but normally a weekend? Not that I'm complaining or anything, just wondering. On a side note, I'v been using my dividends to buy more stocks Cheesy
ZodiacDragon84
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February 12, 2012, 08:45:35 PM
 #265

Just kind of wondering, when are dividends paid? Is it just any day of the week, but normally a weekend? Not that I'm complaining or anything, just wondering. On a side note, I've been using my dividends to buy more stocks Cheesy

I know the feeling! Cheesy

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fizzisist (OP)
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February 12, 2012, 10:05:18 PM
 #266

Dividends have been paid for the week of 2/6/12!

As promised, I chipped in 4 BTC of my own to bring our earnings back up to typical levels.

Total paid to 6000 shares: 13.73258085 BTC
Dividend per share: 0.00228876 BTC

Yes, I pay dividends every weekend. If I happen to be really busy it might come on a Monday, though... I do my best to keep it consistent!

Also, so everyone knows, the stats page shows everything as down right now, but we are in fact mining. With the recent switch over to new mining software (MPBM), I've done away with bitcoin-mining-proxy and wrote a new API to poll MPBM for stats directly. This should be more accurate, and yield more information. Everything should be in place now, but kakobrekla will need to modify the site for this change. It might take a couple days for him to get the time. I bet a little donation to him could speed this up, though! Wink

kakobrekla
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February 15, 2012, 12:11:40 PM
 #267




Was no cable problem, but I fixed it anywayz. Also, URLs are now preety!

http://contract.fpgamining.com/statistics/

Enjoy refreshing!
kakobrekla

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February 17, 2012, 02:51:25 PM
 #268

Dividends have been paid for the week of 2/6/12!
As promised, I chipped in 4 BTC of my own to bring our earnings back up to typical levels.

that was very generous from you. I'm surprised and thankful

I must agree, this is not "usual" and I would probably not do that myself. big karma bonus for fizzisist.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
The00Dustin
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February 17, 2012, 03:10:07 PM
 #269

The BTC could be considered a donation to a degree and was probably generous to a degree.  However, if the testing was for fizzisist's benefit (and I believe it was) as opposed to being for the contract's benefit (I say contract instead of company because I haven't read the contract to be certain there is a company), then technically the testing should be billable since the contract is publicly held.  IOW, as a sole proprietor, you can make your company do whatever you want, but if you borrow public company resources for your own use, those resources are be billable, and this makes (at least part of) his payment proper, while this is still upstanding and worthy of praise in our world (sadly cheating and stealing are more common and many wouldn't even feel they were doing either of those things), it isn't necessarily generous in that sense.  I don't hold any shares of this contract, but my point is that if the testing were for personal benefit and the contract was not reimbursed accordingly, I wouldn't have any interest in holding shares in it.  However, I suppose if fizzisist weren't outstanding he could have lied about the cause of the downtime and I would be none-the-wiser.
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February 17, 2012, 03:42:07 PM
 #270

i don't think that testing newer software is for personal benefit
newer software means better performance or stability

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notme
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February 17, 2012, 03:42:49 PM
 #271

i don't think that testing newer software is for personal benefit
newer software means better performance or stability

This... he was improving the mining setup.

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The00Dustin
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February 17, 2012, 03:48:56 PM
 #272

Then he was generous, but the testing should have been voted on (not that anyone in their right mind would vote against it).
notme
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February 17, 2012, 04:30:24 PM
 #273

Then he was generous, but the testing should have been voted on (not that anyone in their right mind would vote against it).

Right, because a corporation should never take an action without asking shareholders.

"Should I answer the phone?"

"Hold on, let me put it to a vote."

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ZodiacDragon84
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February 18, 2012, 01:43:15 AM
 #274

Then he was generous, but the testing should have been voted on (not that anyone in their right mind would vote against it).

Why? How many regular stocks on the NYSE payout dividends? How often is there a vote on matters considered day to day business? Testing and maintenance, in my opinion, would be considered day to day business.

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The00Dustin
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February 18, 2012, 01:51:46 AM
 #275

The contract is for mining.  If you hire a contractor to build you a house and he decides to spend $1000 to install something that you didn't want that will save you $500 in 20 years (or perhaps just make your house prettier), are you going to want to pay for that?  Even if it will save you $5000 in 20 years, you didn't ask for or approve it.  Regardless of how well these numbers do or don't coincide with the downtime and potential gain (that was reimbursed anyway, making this entire discussion moot), my entire original second post (rather unclearly) revolved around this being a contract vs a company while the first one revolved around the testing being for personal benefit (which my second one acknowledged being a faulty assumption according to other posters in the thread).
ZodiacDragon84
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February 18, 2012, 01:58:12 AM
 #276

by being "personal" benefit, does it not enrich us holders in the long-term? I am not here to make a quick buck on bitcoin. I am here to use the coins, and anything that helps make a few more coins in the future makes me happy. As you have said though, the point is now moot. Shall we go back to our respective corners and watch the coins roll in?   Wink

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The00Dustin
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February 18, 2012, 02:06:40 AM
 #277

Indeed, as I said, I'm not even a current shareholder, so my opinion isn't of too much value anyway.  I normally wouldn't have commented, but it seemed surprising to me that everyone was so surprised to be treated decently by someone they are effectively doing business with (again, assuming contract).  But there's no reason to continue the discussion, pleased people are good whether they are customers or owners.
ZodiacDragon84
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February 18, 2012, 02:08:58 AM
 #278

Indeed, as I said, I'm not even a current shareholder, so my opinion isn't of to omuch value anyway.  I normally wouldn't have commented, but it seemed surprising to me that everyone was so surprised to be treated decently by someone they are effectively doing business with (again, assuming contract).  But there's no reason to continue the discussion, pleased people are good whether they are customers or owners.
Indeed. Since you put up with my counter ramblings, a few satoshis you have earned.

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The00Dustin
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February 18, 2012, 02:15:25 AM
 #279

Indeed
and thank you, satoshis are always welcome.  Wink  I am going to shut up now, though, I've already made too much unnecessary noise in this topic.
mila
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February 18, 2012, 03:00:43 PM
Last edit: February 18, 2012, 03:21:03 PM by mila
 #280

dividends have been paid for the week of 2/6/12
... chipped in 4 BTC of my own to bring our earnings back up to typical levels.

that was very generous from you. I'm surprised and thankful

I must agree, this is not "usual" and I would probably not do that myself. big karma bonus for fizzisist.

I stumbled upon the napkin with the math
total paid to 6000 shares: 13.73258085
where 4 come from fizzisist, thus rising the mining income
for that week by 40+ % Smiley

edit: the stats also look updated

your ad here:
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