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Author Topic: [796.com] RedStarMining.com - the oldest public mining security [15.0(TH/s)]  (Read 112531 times)
dtown
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October 01, 2013, 11:27:38 PM
 #861

+1
(and one question: what is your payment threshold? do i understand it right - if i am under it, i'll never get them - for example added to next divs?)

I'd like an answer for this too.
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matthewh3
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October 02, 2013, 10:42:10 AM
 #862

+1
(and one question: what is your payment threshold? do i understand it right - if i am under it, i'll never get them - for example added to next divs?)

I'd like an answer for this too.

Yes of course the dividends will be saved up until they're 0.01BTC or greater then paid out.  The reason it's 0.01BTC is to save on transaction fees.

canth
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October 02, 2013, 12:41:22 PM
 #863

First KNC Jupiter for RSM has shipped. ETA tomorrow - 03-October-2013.

thehun
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October 02, 2013, 07:27:56 PM
 #864

I have 431 shares but I haven't received any dividends nor been invited to the private Loomio group. I have sent an email today too but no response. Can you check this please?

bziubek
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October 02, 2013, 07:46:47 PM
 #865

Sent a request for loomio invitation.
chalbersma
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October 07, 2013, 09:03:29 PM
 #866

I have 431 shares but I haven't received any dividends nor been invited to the private Loomio group. I have sent an email today too but no response. Can you check this please?

Sent a request for loomio invitation.

Did I get you guys during the downtime? I've sent out quite a few over the last few days and I might have missed a few.
chalbersma
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October 08, 2013, 02:06:31 AM
 #867

Update
We know some of you may not have read the latest news or followed RSM that closely especially in the wake of the bitcointalk shutdown. So we're summarizing RSM news for the last bit here and hopefully you can stay updated.

Additional Investment
RSM is looking for additional Investment. We think increasing cash on hand could be extremely beneficial in the next couple of months. We would also like to purchase more hardware. We will be evaluating offers. See this post for details.

RSM Pool
Original Red Star Nasty Mining? Maybe not quite but RSM and OG Nasty of Nasty Fans are cooperating by placing their miners on the same P2Pool providing quicker and more regular payouts for those holding RSM shares and Nasty Seats. In exchange RSM will be acquiring a small but legitimate position in Nasty Mining and will be in the ground floor at a mining pool. Need a pool to point your miner's too? Check out OG Nasty's pool

RSM KNC Miner - New
Our KNC Miner had a bad board. We are RMA'ing that board back to KNC for a replacement. No word on the expected time frame. But we will be evaluating KNC's behavior and it will most probably influence future hardware purchases. Our current has rate on the KNC Miner without the board is approximately 400GH/s.

Pyramining Plea
We use Pyramining to create a long term stable income for RSM. If you're looking for a way to grow you mining we would recommend Pyramining. See our post for details.

First Dividends Out
Our first dividends were paid. Please remember to set your BTCT Public withdrawal address. We'll start taking them manually after the BTCT shutdown is complete.
skx
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October 08, 2013, 05:10:39 AM
 #868

Same here--I have 200 shares. Can I get an invite?
thehun
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October 08, 2013, 07:58:24 AM
 #869

I have 431 shares but I haven't received any dividends nor been invited to the private Loomio group. I have sent an email today too but no response. Can you check this please?

Sent a request for loomio invitation.

Did I get you guys during the downtime? I've sent out quite a few over the last few days and I might have missed a few.

Yes I got the invite and the dividends, thanks

lenny_
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October 08, 2013, 12:32:00 PM
 #870

What's the current hashrate per share?
chalbersma
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October 08, 2013, 01:51:27 PM
 #871

Same here--I have 200 shares. Can I get an invite?

PM me your email and I'll get you an invite sent.


Good to hear.

What's the current hashrate per share?

Right now we're hashing at 560GH/s and we've released the first batch of the KNC Upgrade Shares. With 103,865 active shares we're at 5.3MH/s/share. Once our RMA from KNC comes through we're expecting to see a significant hashrate boost (approximately 670GH/s & 6.45MH/s/share). See our blogpost on the subject. Over the next month or so we expect our second KNC Jupiter to arrive and our hashrate to reach approximately 1.2TH/s & 8.57MH/s/sec.

Slightly related but we're still waiting for some information from new shareholders including a public payout address and an email to contact you at. Please PM me your details.
Eternity
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October 08, 2013, 02:49:32 PM
 #872

How and where to get new shares ?

Cost per share and how much dividend ?
chalbersma
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October 08, 2013, 03:23:49 PM
 #873

How and where to get new shares ?

Cost per share and how much dividend ?

We're looking for additional investment options. We think that with more capital we could increase our total and per share hashrate. So we're looking for outside investment. If you're interested in investing with RSM. Send us an email with the following information:

Maximum Investment Amount (in BTC):
Maximum Price Per Share (in BTC):
Offer Expiration Date (Assumed 30 Days):

If we think your offer is reasonable we will take it to the shareholders and assuming they agree we'll pull the trigger. Else your offer will expire.
matthewh3
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October 10, 2013, 07:22:43 PM
 #874



Business as usual at RSM HQ.  Expecting our hashratre to increase up to 160GH on Monday on delivery of the replacement faulty Jupiter board.  Anyone get the tedious link  Wink

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October 10, 2013, 08:11:51 PM
 #875

How and where to get new shares ?

Cost per share and how much dividend ?

We're looking for additional investment options. We think that with more capital we could increase our total and per share hashrate. So we're looking for outside investment. If you're interested in investing with RSM. Send us an email with the following information:

Maximum Investment Amount (in BTC):
Maximum Price Per Share (in BTC):
Offer Expiration Date (Assumed 30 Days):

If we think your offer is reasonable we will take it to the shareholders and assuming they agree we'll pull the trigger. Else your offer will expire.
No hint as to what you are looking for, ball park?
chalbersma
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October 11, 2013, 05:31:57 PM
 #876

How and where to get new shares ?

Cost per share and how much dividend ?

We're looking for additional investment options. We think that with more capital we could increase our total and per share hashrate. So we're looking for outside investment. If you're interested in investing with RSM. Send us an email with the following information:

Maximum Investment Amount (in BTC):
Maximum Price Per Share (in BTC):
Offer Expiration Date (Assumed 30 Days):

If we think your offer is reasonable we will take it to the shareholders and assuming they agree we'll pull the trigger. Else your offer will expire.
No hint as to what you are looking for, ball park?

Last price I saw on BTCT was .01ish.
chalbersma
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October 15, 2013, 01:23:08 AM
 #877

KNC Replacement Card Recieved

Our replacement Card from KNC has been received. This should bring our KNC Miner up to approximately 500 GH/s. We'll give you an update on it's hashrate when we've had time to observe the machine for a while.
matthewh3
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October 18, 2013, 12:19:55 PM
 #878

How and where to get new shares ?

Cost per share and how much dividend ?

We're looking for additional investment options. We think that with more capital we could increase our total and per share hashrate. So we're looking for outside investment. If you're interested in investing with RSM. Send us an email with the following information:

Maximum Investment Amount (in BTC):
Maximum Price Per Share (in BTC):
Offer Expiration Date (Assumed 30 Days):

If we think your offer is reasonable we will take it to the shareholders and assuming they agree we'll pull the trigger. Else your offer will expire.
No hint as to what you are looking for, ball park?

We're trailing a share auction on our management group.  Any one who currently isn't a shareholder and has at least BTC1.00 to spend please contact me for an invite.

Vagnavs
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October 18, 2013, 01:49:55 PM
 #879


Executive Summary
Red Star Mining, a mining stock with strong +<90% reinvestment of profits into growth until such a time we are greater than 51% of the network and/or company staff can make a living wage off their RSM wages solely.

– –
I got that from your website. That doesn't seem like a realistic proposition. 51%
you are at about 1TH.. Well good luck with that


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DECENT
FOUNDATION



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[D]ecentralized application
[E]liminated third parties
[C]ontent distribution       



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[N]o borders
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matthewh3
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October 18, 2013, 02:29:12 PM
 #880


Executive Summary
Red Star Mining, a mining stock with strong +<90% reinvestment of profits into growth until such a time we are greater than 51% of the network and/or company staff can make a living wage off their RSM wages solely.

– –
I got that from your website. That doesn't seem like a realistic proposition. 51%
you are at about 1TH.. Well good luck with that

Aim at the sun and you may not reach it; but your arrow will fly far higher than if aimed at an object on a level with yourself.--J. Hawkes

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