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Author Topic: FPGA Mining Contract  (Read 38545 times)
fizzisist (OP)
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February 19, 2012, 05:39:27 AM
 #281

Yeah, it's true, FPGA.contract benefited as a whole by the move to the new software. I hadn't really thought of that.

Though, I did promise that I would stop using these 7 boards for development, when the rest of the batch arrived and I had spare boards here. But, we sold out(!) so the GLBSE boards are all I have. I also felt that I could have rushed to get them online more quickly, and saved maybe a day of mining, but it relieved some of the pressure once I had decided I would just make up the difference. The few BTC were well worth buying me some time while I got the new setup up to speed.

Thanks for all the positive words, and thanks to kakobrekla for upgrading contract.fpgamining.com with the new graphs and stats!

This week's dividends will be coming as soon as I get the books in order and make a deposit at GLBSE.

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fizzisist (OP)
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February 20, 2012, 08:24:10 AM
 #282

Dividends have been paid for the week of 2/13/12!

Total paid to 6000 shares: 12.83166665 BTC
Dividend per share: 0.00213861 BTC

A little later than usual because GLBSE was down this morning when I tried. Sorry about that!

Cheers and Happy Mining!

ZodiacDragon84
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February 20, 2012, 06:17:03 PM
 #283

Dividends have been paid for the week of 2/13/12!

Total paid to 6000 shares: 12.83166665 BTC
Dividend per share: 0.00213861 BTC

A little later than usual because GLBSE was down this morning when I tried. Sorry about that!

Cheers and Happy Mining!

are we surprised?  Undecided

Looking for a quick easy mining solution? Check out
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See my trader rep at Bitcoinfeedback.com
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mila
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February 20, 2012, 06:25:28 PM
 #284

Dividend ...
A little later than usual because GLBSE was down this morning when I tried.

are we surprised?  Undecided

i wish i had a few satoshi for every time glbse seems down for me ...
but otherwise it's great fun, experience and also the support is great (i needed it already)

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February 21, 2012, 06:11:32 PM
 #285

Dividend ...
A little later than usual because GLBSE was down this morning when I tried.

are we surprised?  Undecided

i wish i had a few satoshi for every time glbse seems down for me ...
but otherwise it's great fun, experience and also the support is great (i needed it already)

It has been a lot worse with glbse. Down for day, up for one, down for days again.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
ZodiacDragon84
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February 21, 2012, 07:38:24 PM
 #286

Such is life, until bitcoin is more popular, and we have more options  ~\"_"/~

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fizzisist (OP)
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February 27, 2012, 08:55:14 PM
 #287

Dividends have been paid for the week of 2/20/12!

Total paid to 6000 shares: 12.8590481 BTC
Dividend per share: 0.00214317 BTC

tgmarks
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February 28, 2012, 12:36:34 AM
 #288

Well done, I love this venture.

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February 29, 2012, 06:56:16 AM
 #289

Awesome!
I just bought two shares :3

I'll probably buy more as I accumulate more BTC.

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March 04, 2012, 07:46:12 PM
 #290

Are there plans in the near future to release additional shares to buy an 8th FPGA?
fizzisist (OP)
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March 04, 2012, 10:22:28 PM
 #291

Are there plans in the near future to release additional shares to buy an 8th FPGA?

Not really. My opinion is that the 7 boards we have are enough work for me given the amount I am earning in maintenance. If I was going to consider adding more X6500s, I think I would do it under a different contract. That's not to say that I'm at all unhappy with the current arrangement, though! I just thing expanding the operation would probably make sense under more flexible and favorable terms for me. Also, making and selling the X6500 keeps me busy enough as is. Maybe someone else would be interested in starting up a second X6500 contract? If so, I'd be happy to discuss pricing and maybe even a partial share trade. Let me know if you're interested!

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March 05, 2012, 01:03:42 AM
 #292

Not really. My opinion is that the 7 boards we have are enough work for me given the amount I am earning in maintenance. If I was going to consider adding more X6500s, I think I would do it under a different contract. That's not to say that I'm at all unhappy with the current arrangement, though! I just thing expanding the operation would probably make sense under more flexible and favorable terms for me. Also, making and selling the X6500 keeps me busy enough as is. Maybe someone else would be interested in starting up a second X6500 contract? If so, I'd be happy to discuss pricing and maybe even a partial share trade. Let me know if you're interested!

I have been wanting to set up something exactly like what you have for a while, but I didn't want to steal your idea or form a grudge or anything like that, but if you think there should be a similar contract, I'd love to start it up!

I could give you a significant amount of share or whatever else you'd want. I think doing this together would be awesome!

Thanks,
Garrett

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fizzisist (OP)
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March 05, 2012, 07:56:22 AM
 #293

Dividends have been paid for the week of 2/27/12!

Total paid to 6000 shares: 12.79225257 BTC
Dividend per share: 0.00213204 BTC

fizzisist (OP)
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March 05, 2012, 09:03:45 AM
 #294

Not really. My opinion is that the 7 boards we have are enough work for me given the amount I am earning in maintenance. If I was going to consider adding more X6500s, I think I would do it under a different contract. That's not to say that I'm at all unhappy with the current arrangement, though! I just thing expanding the operation would probably make sense under more flexible and favorable terms for me. Also, making and selling the X6500 keeps me busy enough as is. Maybe someone else would be interested in starting up a second X6500 contract? If so, I'd be happy to discuss pricing and maybe even a partial share trade. Let me know if you're interested!

I have been wanting to set up something exactly like what you have for a while, but I didn't want to steal your idea or form a grudge or anything like that, but if you think there should be a similar contract, I'd love to start it up!

I could give you a significant amount of share or whatever else you'd want. I think doing this together would be awesome!

Thanks,
Garrett

Hey Garrett,

I think it would be great if there were more FPGAs out there mining, and contracts make a lot of sense because of the high cost of entry. I received a lot of PMs today from people interested in this, so you're not the only one. I think the only thing to do is to hear everyone's proposals, and discuss pricing options on a one by one basis.

tgmarks
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March 05, 2012, 09:00:14 PM
Last edit: March 12, 2012, 07:21:33 PM by tgmarks
 #295

I think FPGA.contract is probably my favorite investment right now.  I look forward to other contracts coming and hope they are run as consistently as fizzisist has been.

fizzisist (OP)
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March 13, 2012, 07:39:33 AM
 #296

Dividends have been paid for the week of 3/5/12!

This actually went out in the wee hours yesterday morning, but I finally have a minute to post it here. Sorry about that!

Total paid to 6000 shares: 14.02652257 BTC
Dividend per share: 0.00233775 BTC

Pretty good week, despite the big difficulty increase!

Dexter770221
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March 13, 2012, 09:13:18 AM
 #297

Today is 3/13/12, so where is one week?

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.
mila
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March 13, 2012, 09:37:57 AM
 #298

Today is 3/13/12, so where is one week?

there is no missing week. the latest post from fizzisist refers to a week that started March 5th
this is how he reports the periods for which dividends were paid

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fizzisist (OP)
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March 13, 2012, 01:13:27 PM
 #299

Yeah, earnings are paid as dividends for the previous week of mining. Sorry for the confusion!

NothinG
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March 13, 2012, 01:47:46 PM
 #300

I've got me some shares. Grin

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