Bitcoin Forum
December 10, 2016, 04:46:29 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 »
  Print  
Author Topic: [796.com] RedStarMining.com - the oldest public mining security [15.0(TH/s)]  (Read 112639 times)
nedbert9
Sr. Member
****
Offline Offline

Activity: 252

Inactive


View Profile
March 27, 2012, 06:22:25 PM
 #121

The board supplier is just waiting for his final parts to assemble our board which should be recived by the end of the week so hopefully he can ship it next week  Grin

So all going well the board will be hashing away a week on Friday with the first dividend paid eight days later. So the first dividend should be paid by in just over two weeks time (13th - 16th of March).  With only 800 shares only so far sold from the IPO and if the board runs as expected the first weekly dividend should be over 0.00400BTC

Congratulations, matthewh3 Smiley
1481388389
Hero Member
*
Offline Offline

Posts: 1481388389

View Profile Personal Message (Offline)

Ignore
1481388389
Reply with quote  #2

1481388389
Report to moderator
1481388389
Hero Member
*
Offline Offline

Posts: 1481388389

View Profile Personal Message (Offline)

Ignore
1481388389
Reply with quote  #2

1481388389
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Nefario
Hero Member
*****
Offline Offline

Activity: 602


GLBSE Support support@glbse.com


View Profile WWW
March 28, 2012, 02:33:33 AM
 #122

The board supplier is just waiting for his final parts to assemble our board which should be recived by the end of the week so hopefully he can ship it next week  Grin

So all going well the board will be hashing away a week on Friday with the first dividend paid eight days later. So the first dividend should be paid by in just over two weeks time (13th - 16th of March).  With only 800 shares only so far sold from the IPO and if the board runs as expected the first weekly dividend should be over 0.00400BTC

Great news, have you had any trouble using GLBSE2.0?

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
March 30, 2012, 07:40:15 PM
 #123

The board won't be shipped on Monday tho the supplier said it will still be within the four week timetable from the 13th when I paid.  He's waiting for a part from China tho he has paid for super express shipping but there having a festival on the 2nd - 4th so won't be shipped on those days.  Looks like he'll get the final part next Friday unless they ship on Saturday or Sunday (which they might do in China?).  The boards will be nearly completed by Monday and then they can just fit the final part in when they arrive and ship the same day.

DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218


Gerald Davis


View Profile
March 31, 2012, 12:21:11 AM
 #124

Parts?  What are these boards hand made?
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
March 31, 2012, 01:49:27 PM
 #125

Parts?  What are these boards hand made?

Assembled by hand.

matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 01, 2012, 03:51:28 PM
 #126

Thank you to the investor(s) over the last 24hrs  Grin  Does anyone have a view on what mining pool to use?  I want to use P2Pool for the health of the bitcoin network but I understand then I wouldn't be able to show live stats.  So I thought of this pool - https://mtred.com/ - As it offers PPS, 0% fees, merged mining and offers web stats plus Android stats on the mining.  What do investors think?

zapeta
Full Member
***
Offline Offline

Activity: 182


View Profile
April 01, 2012, 04:21:24 PM
 #127

Thank you to the investor(s) over the last 24hrs  Grin  Does anyone have a view on what mining pool to use?  I want to use P2Pool for the health of the bitcoin network but I understand then I wouldn't be able to show live stats.  So I thought of this pool - https://mtred.com/ - As it offers PPS, 0% fees, merged mining and offers web stats plus Android stats on the mining.  What do investors think?

I've used MtRed in the past and it is a reliable pool.
DeaDTerra
Donator
Legendary
*
Offline Offline

Activity: 1064



View Profile
April 01, 2012, 04:58:58 PM
 #128

Thank you to the investor(s) over the last 24hrs  Grin  Does anyone have a view on what mining pool to use?  I want to use P2Pool for the health of the bitcoin network but I understand then I wouldn't be able to show live stats.  So I thought of this pool - https://mtred.com/ - As it offers PPS, 0% fees, merged mining and offers web stats plus Android stats on the mining.  What do investors think?
I would suggest taking advantage of such pools as https://bitcointalk.org/index.php?topic=54467.0 and possible have mtred as a backup? to maximize the profits Smiley
//DeaDTerra
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 01, 2012, 05:21:57 PM
 #129

Thank you to the investor(s) over the last 24hrs  Grin  Does anyone have a view on what mining pool to use?  I want to use P2Pool for the health of the bitcoin network but I understand then I wouldn't be able to show live stats.  So I thought of this pool - https://mtred.com/ - As it offers PPS, 0% fees, merged mining and offers web stats plus Android stats on the mining.  What do investors think?
I would suggest taking advantage of such pools as https://bitcointalk.org/index.php?topic=54467.0 and possible have mtred as a backup? to maximize the profits Smiley
//DeaDTerra

Thanks for the idea but looks like the payouts have been a bit unstable recently and I need stability plus the ability to show investors the current hashing power for a while.  Once the dividends are regular I will be switching to P2Pool for the benefit of the health of the bitcoin network.

guruvan
Hero Member
*****
Offline Offline

Activity: 518

ShastaFarEye Prospectors mazaclub & mazacha.in


View Profile WWW
April 01, 2012, 05:32:55 PM
 #130

Thank you to the investor(s) over the last 24hrs  Grin  Does anyone have a view on what mining pool to use?  I want to use P2Pool for the health of the bitcoin network but I understand then I wouldn't be able to show live stats.  So I thought of this pool - https://mtred.com/ - As it offers PPS, 0% fees, merged mining and offers web stats plus Android stats on the mining.  What do investors think?

I'm a big fan of p2pool. Do you know that the hardware is going to work with it? I know the BFLs have issues with the p2pool sharechain. If it works, I'd be interested to see a minimum dedication to p2pool, and some portion of the gear point to the most profitable.

I'm also a big fan of merged mining. It may not be super important or profitable now, but with discussions underway to change namecoin fee structures, it may be in the future.


Mine at the Maza Club! with ShastaFarEye Prospectors! Mazacoin PPS & P2pool mining, and more services coming soon!
Maza Means Money! Check yours at the mazacha.in!

Please contact me  on my  OTC registered GPG (A54E87F2) Key's email address or guruvan@shastafareye.net  and encrypt all correspondence.
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 01, 2012, 05:35:10 PM
 #131

Thank you to the investor(s) over the last 24hrs  Grin  Does anyone have a view on what mining pool to use?  I want to use P2Pool for the health of the bitcoin network but I understand then I wouldn't be able to show live stats.  So I thought of this pool - https://mtred.com/ - As it offers PPS, 0% fees, merged mining and offers web stats plus Android stats on the mining.  What do investors think?

I'm a big fan of p2pool. Do you know that the hardware is going to work with it? I know the BFLs have issues with the p2pool sharechain. If it works, I'd be interested to see a minimum dedication to p2pool, and some portion of the gear point to the most profitable.

I'm also a big fan of merged mining. It may not be super important or profitable now, but with discussions underway to change namecoin fee structures, it may be in the future.




Well "owt for nowt" the NMC is free.

edit:  "owt for nowt" is northern England colloquial meaning "anything for nothing"

guruvan
Hero Member
*****
Offline Offline

Activity: 518

ShastaFarEye Prospectors mazaclub & mazacha.in


View Profile WWW
April 01, 2012, 05:49:08 PM
 #132

Precisely! Money for nothing! Also, I'm definitely of a mind that future use will come of merged mining, and it's good to support it now.

Mine at the Maza Club! with ShastaFarEye Prospectors! Mazacoin PPS & P2pool mining, and more services coming soon!
Maza Means Money! Check yours at the mazacha.in!

Please contact me  on my  OTC registered GPG (A54E87F2) Key's email address or guruvan@shastafareye.net  and encrypt all correspondence.
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 01, 2012, 06:47:22 PM
 #133

I'll probably just hoard all the NMC rather than sell them for peanuts to add to the dividend.  Although I may trade them on exchanges to increase there value (I've done that with LTC/USD and LTC/BTC and been profiting for a while now) until there value is higher.  We could use the NMC generated or the profits from trading them to help boost the expansion of more FPGA boards.

guruvan
Hero Member
*****
Offline Offline

Activity: 518

ShastaFarEye Prospectors mazaclub & mazacha.in


View Profile WWW
April 01, 2012, 11:50:50 PM
 #134

I'll probably just hoard all the NMC rather than sell them for peanuts to add to the dividend.  Although I may trade them on exchanges to increase there value (I've done that with LTC/USD and LTC/BTC and been profiting for a while now) until there value is higher.  We could use the NMC generated or the profits from trading them to help boost the expansion of more FPGA boards.


If you're trading well, I'm all for it. If you wind up just selling off the NMC, check into the namecoin forums and discussions before you let go of too much. If they do reorganize the fee structure, NMC would definitely increase significantly in value.

Mine at the Maza Club! with ShastaFarEye Prospectors! Mazacoin PPS & P2pool mining, and more services coming soon!
Maza Means Money! Check yours at the mazacha.in!

Please contact me  on my  OTC registered GPG (A54E87F2) Key's email address or guruvan@shastafareye.net  and encrypt all correspondence.
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 03, 2012, 01:51:55 PM
 #135

Thanks to everyone who has invested over the last few days as we now have enougth for FPGA board #2.  As soon as I get a shipping number for board #1 (which is guaranteed before the 13th April) I'll pay for board #2 which should be shipped right away.  I have contacted the supplier about our order for board #2.  Again thank you very much every one  Grin

matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 03, 2012, 03:38:43 PM
 #136

The supplier saying if we order and pay for board #2 now we'll have the first one from the next batch.  He wants $1129 tho (not $999 like the last board I got us discounted) and $70 shipping but it still works out cheaper than two of the new x6500 FPGA boards which is what we would need to equal both the hashing power and efficiency.  Shall we wait till we get our tracking number, received it or pay now to guarantee our board is first as he is going public in the next week so we may end up in the order cue like everyone else.  If we pay now it will be shipped within three weeks otherwise we may be caught in the order backlog once they go public within the next week.  FPGA board #1 is guaranteed to be shipped within the next nine days.  So what do current investors think?

guruvan
Hero Member
*****
Offline Offline

Activity: 518

ShastaFarEye Prospectors mazaclub & mazacha.in


View Profile WWW
April 06, 2012, 01:15:45 AM
 #137

My suspicion is that you're not at a point where having the cash at hand for the extra time is going to earn enough to make the potential lost mining time worthwhile. Buy now, guarantee income Smiley

Mine at the Maza Club! with ShastaFarEye Prospectors! Mazacoin PPS & P2pool mining, and more services coming soon!
Maza Means Money! Check yours at the mazacha.in!

Please contact me  on my  OTC registered GPG (A54E87F2) Key's email address or guruvan@shastafareye.net  and encrypt all correspondence.
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 06, 2012, 01:24:06 AM
 #138

Hopefully the first dividend should be paid in just over two weeks I'm predicting the weekly dividend per share in five weeks to be ~0.00333BTC.  After the IPO is over a vote will be held on whether to issue ~400 more shares at 0.31BTC to purchase board #3 that would take the weekly dividend per share to 0.0045BTC.

matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 06, 2012, 08:03:11 PM
 #139

It's very likely board #1 will ship this Monday as the supplier has all the parts he's just assembling the boards and testing them (we have full warranty).  Board #2 is almost completely paid for and guaranteed to ship within three to four weeks.  After board #2 has been delivered and all shares issued I'm predicting the dividend to be 0.00333BTC per share each week at current difficulty and exchange rates.  After the IPO is over and if the motion goes in favour of issuing more shares then they may be offered at 0.4BTC each as the new dividend after the extra shares are issued would be ~0.45BTC per share each week plus it would give early investors the opportunity to cash out at a profit on their early share purchases.  If we do issue more shares me acting as the CEO will keep 5% of them but more shares will only be issued on the basis of raising the dividend significantly.  I only awarded my self 50 shares of the original 1900 shares as the CEO salary and I don't have lots of money to invest that's why I made the company public on the GLBSE to raise the funds but feel I should be paid a salary for being CEO and running the company.  Also once we are operating at 2.4GH/s(@125W) and greater RSM will be keeping 2% of all profits or 1BTC a month whichever is greater to buy back the shares in RSM to increase the company's value.   

bulanula
Hero Member
*****
Offline Offline

Activity: 518



View Profile
April 06, 2012, 08:25:24 PM
 #140

It's very likely board #1 will ship this Monday as the supplier has all the parts he's just assembling the boards and testing them (we have full warranty).  Board #2 is almost completely paid for and guaranteed to ship within three to four weeks.  After board #2 has been delivered and all shares issued I'm predicting the dividend to be 0.00333BTC per share each week at current difficulty and exchange rates.  After the IPO is over and if the motion goes in favour of issuing more shares then they may be offered at 0.4BTC each as the new dividend after the extra shares are issued would be ~0.45BTC per share each week plus it would give early investors the opportunity to cash out at a profit on their early share purchases.  If we do issue more shares me acting as the CEO will keep 5% of them but more shares will only be issued on the basis of raising the dividend significantly.  I only awarded my self 50 shares of the original 1900 shares as the CEO salary and I don't have lots of money to invest that's why I made the company public on the GLBSE to raise the funds but feel I should be paid a salary for being CEO and running the company.  Also once we are operating at 2.4GH/s(@125W) and greater RSM will be keeping 2% of all profits or 1BTC a month whichever is greater to buy back the shares in RSM to increase the company's value.   

What is this "full warranty" and how long is it Huh

Thanks !
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!