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[DeaDTerra]

..is it normal for the GLBSE page to .. "refresh" for hours?! - it seems like totally frozen.

It has been down for me since early this morning This seems to be happening very often now a days should be a bug that Nefario should be able to fix but nothing seems to be done about it

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[vuce]

..is it normal for the GLBSE page to .. "refresh" for hours?! - it seems like totally frozen.

It has been down for me since early this morning This seems to be happening very often now a days should be a bug that Nefario should be able to fix but nothing seems to be done about it

there's supposed to be glbse v2 soon, I guess that's why it hasn't been fixed yet.

[StewartJ]

..is it normal for the GLBSE page to .. "refresh" for hours?! - it seems like totally frozen.

It has been down for me since early this morning This seems to be happening very often now a days should be a bug that Nefario should be able to fix but nothing seems to be done about it

Same problem for me as  well, cannot get past endless refresh.  Wish they would fix this soon !!!

[gewure]

..does the console-client still work? i might give it a try, cause im in the mood ..

[gewure]

ok - GLBSE is up again and running, funds received.. but, why does it not execute my buy order on TyGrr for 3 shares, 3BTC each?!

someone give my some advice please

edit: im also onboard with some shares

[StewartJ]

Please excuse the novice questions, but what are the ramifications of skyrocketing BTC price on TyGrr?

Will this change dividend payouts?  Will this affect the future share prices?  

More importantly, does it make TyGrr a more profitable investment?

Sorry for my noobness, just curious to see how my investment is impacted.

Best, SJ

[gewure]

Please excuse the novice questions, but what are the ramifications of skyrocketing BTC price on TyGrr?

Will this change dividend payouts?  Will this affect the future share prices?  

More importantly, does it make TyGrr a more profitable investment?

Sorry for my noobness, just curious to see how my investment is impacted.

Best, SJ

higher bitcoin price means your payed-out dividends are more worth, but not bigger (since higher price does not affect how much has been mined)

also i guess the market capitalisation of tygrr increases, since every new shareholder pays 3 btc which are worth alot more than the initial aimed 10$..
which means tygrr has more capital which means it can probably mine faster which means a higher dividend to you..
tygrr could also make some subcontracts with other miner to improve the ROI and the dividend even further..

just my thoughts

[StewartJ]

Please excuse the novice questions, but what are the ramifications of skyrocketing BTC price on TyGrr?

Will this change dividend payouts?  Will this affect the future share prices?  

More importantly, does it make TyGrr a more profitable investment?

Sorry for my noobness, just curious to see how my investment is impacted.

Best, SJ

higher bitcoin price means your payed-out dividends are more worth, but not bigger (since higher price does not affect how much has been mined)

also i guess the market capitalisation of tygrr increases, since every new shareholder pays 3 btc which are worth alot more than the initial aimed 10$..
which means tygrr has more capital which means it can probably mine faster which means a higher dividend to you..
tygrr could also make some subcontracts with other miner to improve the ROI and the dividend even further..

just my thoughts

Thanks for the helpful info!

Glad you finally got your 3 shares.

SJ

[gewure]

TyGrr pays electric costs so when Bitcoin goes up we spend less coins to pay that off. That means that I am able to pay out more coin in dividends. BTC going up in value is a double win for stock holders.

Thx

what happens to the additional cash you get from new shareholders buying the stock at 3 BTC? (i mean if 1 BTC = 3$ -> 9$/share and if 1 BTC = 7$ -> 21$/share) so what happens with this additional money?! i guess it will be invested into TyGrr ..?!!

 

[gewure]

thank you for giving such pleasant answers and managing this venture! 

[filharvey]

Thanks is good, nice seeing higher returns.

[Matthew N. Wright]

Quick question, don't mean to interrupt but--

What happens to mining pools if Butterfly labs is legit?

Would I be able to go get my own butterfly box and flap my wings to riches without investing in online rig companies?

[Red Emerald]

Quick question, don't mean to interrupt but--

What happens to mining pools if Butterfly labs is legit?

Would I be able to go get my own butterfly box and flap my wings to riches without investing in online rig companies?

Well you could do that.  I imagine that the mining pools will do the same though.  Goat has already talked about getting FPGAs once they are a bit cheaper.

I run my own miner and also own shares of TyGrr Tech.  You don't have to pick one.

[Matthew N. Wright]

Quick question, don't mean to interrupt but--

What happens to mining pools if Butterfly labs is legit?

Would I be able to go get my own butterfly box and flap my wings to riches without investing in online rig companies?

Well you could do that.  I imagine that the mining pools will do the same though.  Goat has already talked about getting FPGAs once they are a bit cheaper.

I run my own miner and also own shares of TyGrr Tech.  You don't have to pick one.

I would love to see every person with an FPGA in their house, but until that's possible, I was just thinking that at this point all the mining companies would be using them. Is it still not as viable as GPU rigs?

[Red Emerald]

Quick question, don't mean to interrupt but--

What happens to mining pools if Butterfly labs is legit?

Would I be able to go get my own butterfly box and flap my wings to riches without investing in online rig companies?

Well you could do that.  I imagine that the mining pools will do the same though.  Goat has already talked about getting FPGAs once they are a bit cheaper.

I run my own miner and also own shares of TyGrr Tech.  You don't have to pick one.

I would love to see every person with an FPGA in their house, but until that's possible, I was just thinking that at this point all the mining companies would be using them. Is it still not as viable as GPU rigs?

They (currently) cost more for less hashes.  Whether it is worth it really depends on the cost of electricity.  Those butterfly labs miners do look really sexy

[zapeta]

If you've got the 6770s in hand and the computer that they are in can't support anything higher, I think it makes sense for the company to buy them.

Between the 5850 and 6950, it appears that the 5850 is slightly more efficient but the 6950 is slightly faster in terms of Mhash/sec.  Since the 5850 is an older card, if it fails it will probably not be replaced but we would get the cash value (same situation we are in now).  It probably takes a lot longer to decide to refund the money than to replace a card under warranty, and the longer a card is not mining the more BTC we stand to lose.  Since the 6950 is more likely to be replaced (hopefully more quickly than waiting for a refund), has better resale value and is a better overclocker, I think the 6950 makes sense.

[gewure]

i just wanted to announce that i am now shareholder of 8/1500 of this company.

regarding the cards: i am not very good into mining hardware comparisons, this is why i think you better discuss this matter without me for now:)

keep on the good work. greets

[PatrickHarnett]

Difficulty      1,250,758
Hash Rate is estimated to be   10GHash/S
Total will be 39.2BTC this week.

Looking at this as a result of someone's suggestion.  Just checking some math:

Shares on issue = 1500.  Dividend per share = 0.02631 for a week.
Price USD6.30-ish = $0.16, (annualised = $8.56)
Shareprice ~= 3BTC = $18.90
Payback (P/E ratio) = 2.2

That looks good for the earlier buyers in the IPO at $10, but less so for someone buying in.  Any obvious errors in the above?

[tgmarks]

Difficulty      1,250,758
Hash Rate is estimated to be   10GHash/S
Total will be 39.2BTC this week.

Looking at this as a result of someone's suggestion.  Just checking some math:

Shares on issue = 1500.  Dividend per share = 0.02631 for a week.
Price USD6.30-ish = $0.16, (annualised = $8.56)
Shareprice ~= 3BTC = $18.90
Payback (P/E ratio) = 2.2

That looks good for the earlier buyers in the IPO at $10, but less so for someone buying in.  Any obvious errors in the above?

You show me another investment in today's economy that shows me a 45% profit in one year and maybe I'll try to see how this doesn't look great.

[PatrickHarnett]

Difficulty      1,250,758
Hash Rate is estimated to be   10GHash/S
Total will be 39.2BTC this week.

Looking at this as a result of someone's suggestion.  Just checking some math:

Shares on issue = 1500.  Dividend per share = 0.02631 for a week.
Price USD6.30-ish = $0.16, (annualised = $8.56)
Shareprice ~= 3BTC = $18.90
Payback (P/E ratio) = 2.2

That looks good for the earlier buyers in the IPO at $10, but less so for someone buying in.  Any obvious errors in the above?

You show me another investment in today's economy that shows me a 45% profit in one year and maybe I'll try to see how this doesn't look great.

Try gigavps's loans - they should be close to 100%.  I'm lending at 10% to 15% to various people, and I have coins tied up paying 1% per day (thanks Pirate).

I'm looking seriously at this and in this community there are different returns.  What I wanted to know is if the base assumptions were correct.