[closed] Buy shares NOT

[speeder]

Ask in the mining forum about the cable issues (or the whole problem).




Also, when I get home (that will take 12 hours) I may buy more shares if noone do it first.

[1714771371]

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[1714771371]

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[1714771371]

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[1714771371]

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[dishwara]

Sweet!
If whatever pool you are using have nice graphs, post link to them here

Using deepbit & slush mostly, so no graph to display.
Eligius has very less no of blocks per day.

I mostly set 3 coins as threshold & using only these 2 address for any pools. So here after you will see daily increment in coins, as so far ran with only one card.
http://blockexplorer.com/address/1FmWyZ81Y1BjecSbxJ8CWNf36rPNhJEW6D
http://blockexplorer.com/address/1JdwFdWf7LDEKcUg93L2qKXpgEkoVqeKHC

Soon, will be able to run at full capacity, ordered another 2 cards.

[dishwara]

I don't know whether it is safe to give or not, so if its not safe, please tell, i remove it.

With these API token urls you can know the current mining in at least text form.

http://deepbit.net/api/4dcea120816197603e000001_E9B99DE3AD
http://mining.bitcoin.cz/accounts/profile/json/6613-73bd1aad4351dc534a3c415d3eb63047
http://www.bitcoinpool.com/index.php?do=userprofile&id=arawhsid

[DrKenobi]

I'm now a shareholder and will be looking forward to follow this thread and our company's activites

[dishwara]

I'm now a shareholder and will be looking forward to follow this thread and our company's activites

Welcome aboard.

[dishwara]

Until i complete 1st rig to successfully mine, i can't go for 2nd rig.
If you thought share profit is also like price of bitcoins, which increases some 10000 times in weeks, its not.
I am doing as much as i can with calculated risk not to spoil anything.
So, it will be some what slower & also whatever i do, the increase in difficulty will definitely reduce the profit in terms of bitcoins.
But in terms of fiat currency, the profit you get will only increase & won't decrease.

If you are in rush & want to make quick money as bitcoin rate increases many times, i can't help you.
Instead of buying shares, you better sell your coins & make quick money.

I can only give slow, but steady profit in terms of bitcoins. But in terms of fiat currency, you calculate yourself.
Once, i get cables i ordered, i will be able to mine with 8 cards.
Also, before that i have to get new electric line, since so far i used domestic line, electrician told, the watt consume meter won't withstand load of more than 4000W.
I hope, with 1st rig in full mining capacity , the meter will start wobbling, so i have to go for industrial or commercial electric supply.
For that, i have to deposit & get a new line & here everything is slow & corrupted will take time or need high bribe.
I cant go for high bribe with my SH money, so have to wait, but will do as much as i can.
Don't worry about power tariff, i already told 6 INR per kilowatt hour, ie, i get ~7 kilowatt hour per USD.
This is commercial tariff only & it is the maximum price. So, if i go Industrial, i will actually get less bill.


Instead of others, they just start anything & go sky high in less time, i always face problems from starting itself & always will move forward by solving problems. So, i won't fall that easily as i don't go sky high & also i can't go below earth.
It is my both curse & gift.

[dishwara]

Rig with 3 cards mining.

[toast]

About to invest some BTC. Hope I didn't miss the wave...

[dishwara]

7.57 bitcoins in bitcoin client.

[BioMike]

Dishwara, thank you for the updates!

[agaguk]

So I bought one share, what can I expect now?

[rb2k]

Bought a share too, not much but I like the concept!

p.s. it would be cool if you had a twitter account or blog for updates

[dishwara]

So I bought one share, what can I expect now?

1 share is 1btc.
The profit you may get is 0.20btc or less for every month.
Buying one share is useless, unless you bought it to sell after all my shares sold out.
Out of 2000 shares, i issued 1000 shares & remaining shares is 283, thats 717 shares sold so far.
So, after all my shares sold, you can take profit or sell shares for higher price.

[demonofelru]

Is the 3 card rig mining continually now? 

[agaguk]

So I bought one share, what can I expect now?

1 share is 1btc.
The profit you may get is 0.20btc or less for every month.
Buying one share is useless, unless you bought it to sell after all my shares sold out.
Out of 2000 shares, i issued 1000 shares & remaining shares is 283, thats 717 shares sold so far.
So, after all my shares sold, you can take profit or sell shares for higher price.

Oh, well, I wasn't planning on using that BTC for a while, so I guess, if it's just gonna sit there, it might as well sit there making a bit of profit!

[rb2k]

Isn't the concept kind of strange in that regard?
1 share is 1 btc, so the price of a share went from 5 dollars to 18 dollars. So the price of the share doesn't fluctuate with the value of the company or the demand for the share but with the price of bitcoins. So in theory people should only buy shares whenever the bitcoin exchange rate is 'low'?

[dishwara]

Is the 3 card rig mining continually now?  

yes, you can see it here, http://mining.bitcoin.cz/accounts/profile/json/6613-73bd1aad4351dc534a3c415d3eb63047

10.7 coins in client.

[dishwara]

Isn't the concept kind of strange in that regard?
1 share is 1 btc, so the price of a share went from 5 dollars to 18 dollars. So the price of the share doesn't fluctuate with the value of the company or the demand for the share but with the price of bitcoins. So in theory people should only buy shares whenever the bitcoin exchange rate is 'low'?

If you buy bitcoins when price is low, then it will profit you.
But not when you buy shares. coz whenever you buy a share, the price is 1btc only.
but if u don't have bitcoin to buy a share, then you need to buy bitcoins when bitcoins price is low.
Most of my share holders have their own miner & already have bitcoins.
They are buying my shares to help me rise & also they get profit.

[toast]

Quick question: I tried depositing yesterday, and every since then if I run 'bmc.py folio', it displays: "<my id>== ", with just a blank space after the ==. When should my deposit show up?

[kgo]

Quick question: I tried depositing yesterday, and every since then if I run 'bmc.py folio', it displays: "<my id>== ", with just a blank space after the ==. When should my deposit show up?

Toast, you deposited to glbse, or you actually bought shares?

if bmc.py balance shows money, you haven't bought yet.