[796.com] RedStarMining.com - the oldest public mining security [15.0(TH/s)]

[chalbersma]

Thanks for the update chalbersma.

Excellent work with the updates generally, btw.

Thanks

Thank you for the quick update. Going private for now seems like a best option imho.

After another exchange crisis we really need some effective decentralized solution...

No Problem.

If you know of any potential projects that could help let us know it would be greatly appreciated.

[chalbersma]

PSA: Set your BTCT.CO Public Withdrawl Address

Please remember to set your BTCT.CO public withdraw address. Please also be sure it's an address that you have the capability to sign messages from (a.k.a. not a shared wallet like Coinbase or an exchange address). Blockchain, the Satoshi client (bitcoinqt), Amory, MultiBit, Electrum and others have the ability to sign messages. Please be sure to backup whatever wallet you plan on using to a secure place.

If you do not have a public withdraw address your dividends will go into the re-investment fund until you set one up (which will have to be done by email after BTCT.CO closes).

[Tafelpoot]

Do you have more info on the 0.008-0.010 BTC buyback for small shareholders? Sounds like a very high number to me.

[ft73]

Two questions:

1) what's first dividend date (sorry i forgot)
2) Any news from KNC?

Take care.

[canth]

No real news from KNC, just plenty of fervor and speculation in the thread (it's 650+ pages long). As of the last official KNC posts, the schedule is tight but KNC didn't see any reason why they couldn't meet their deadline.

Bitcoinorama is flying out to Stockholm tomorrow so I'm hoping that we get a video of a working prototype over the weekend and units start shipping next week.

[bziubek]

Inputs.io seem to have the ability to sign messages. Can someone confirm if it is ok?

[chalbersma]

Inputs.io seem to have the ability to sign messages. Can someone confirm if it is ok?

You'd have to ask Tradefortress to be sure. But based on what I see on my own inputs.io wallet I'd say no.
We can confirm that the following wallets let you sign messages:
Blockchain.info,
Satoshi (Bitcoinqt)
Amoury
Multi-Bit
Electrum (Although seems to be a command line thing).

[canth]

Latest news update from KNC:

All,
 
We have relocated most of our operation to the factory over the weekend. The first delivery of the chips have arrived and have been populated on the boards. We have begun testing and initial results are good, we will have more updates throughout the day. We know many of you are calling and we are sorry if we cannot answer your call. This is a very busy time for us but we are all hands on deck we can assure you of that.

ASIC in PCB with Sam


Thanks KnCMiner Team

https://www.kncminer.com/news/news-38

[thehun]

Any news about what will happen to the shares after the closure of BTC-TC?

[canth]

Any news about what will happen to the shares after the closure of BTC-TC?

http://www.redstarmining.com/2013/09/burnsides-exchange-shutting-down.html

Short term, it'll be operating privately without a listing at an exchange. Dividends will be distributed to the address on file with BTCT, meanwhile RSM is looking for a distributed exchange service (colored coin or similar) that can survive without reliance upon a centralized exchange.

[chalbersma]

Any news about what will happen to the shares after the closure of BTC-TC?

http://www.redstarmining.com/2013/09/burnsides-exchange-shutting-down.html

Short term, it'll be operating privately without a listing at an exchange. Dividends will be distributed to the address on file with BTCT, meanwhile RSM is looking for a distributed exchange service (colored coin or similar) that can survive without reliance upon a centralized exchange.

Couldn't have said it better myself.

[canth]

Recent email from KNCMINER:

"All,
 
We have some very exciting news to share with you all. Over the last few days our teams have relocated to our production facility in Sweden. We have all been working very long hours to make sure everything works as planned. Back in June we started taking pre-orders for ASIC Miners and we have slowly released more details about our specifications. We have taken this approach as we never wanted to disappoint our customers, after all without our customers this would never have been possible.

So it is with great pleasure that we announce another free speed increase to all of our customers. As all of our devices operate with the same chips and boards the speed increase applies to all of our products.
Jupiter has now risen from 400 to over 550. We have a short video for you all to watch on our youtube channel.

http://www.youtube.com/watch?feature=player_detailpage&v=JFOcI8nK2xI'

Full production is being ramped up in the next few hours with 3 production lines having 10 stations each dedicated to making it go as smooth as possible.
We would also like to inform you all that we still have Saturn’s and Jupiter’s available for purchase.

 For more information on this please visit:

 https://www.kncminer.com/categories/miners

Thanks again for all of your support over the last few months and we hope to continue to under promise and over deliver.

KnCMiner Team"

[ft73]

Recent email from KNCMINER:

"All,
 
We have some very exciting news to share with you all. Over the last few days our teams have relocated to our production facility in Sweden. We have all been working very long hours to make sure everything works as planned. Back in June we started taking pre-orders for ASIC Miners and we have slowly released more details about our specifications. We have taken this approach as we never wanted to disappoint our customers, after all without our customers this would never have been possible.

So it is with great pleasure that we announce another free speed increase to all of our customers. As all of our devices operate with the same chips and boards the speed increase applies to all of our products.
Jupiter has now risen from 400 to over 550. We have a short video for you all to watch on our youtube channel.

http://www.youtube.com/watch?feature=player_detailpage&v=JFOcI8nK2xI'

Full production is being ramped up in the next few hours with 3 production lines having 10 stations each dedicated to making it go as smooth as possible.
We would also like to inform you all that we still have Saturn’s and Jupiter’s available for purchase.

 For more information on this please visit:

 https://www.kncminer.com/categories/miners

Thanks again for all of your support over the last few months and we hope to continue to under promise and over deliver.

KnCMiner Team"

RedStarMining.com bitcoin mining Co-op - 1,280(GH/s)

[dtown]

Divs today?

[chalbersma]

Divs today?

Yes but no. We've got who we need to send the divs too but we lack the tools to send them atm. Head over to our loomio group for the details.

[chalbersma]

Dividends Information

Head over to our loomio group. To see our latest dividends spreadsheet. Here's a quick summary, we've placed 3.86 XBT to dividends which comes out to 6043 Satoshis per share and leaves 63805 Satoshis for the next dividend. Shareholders with 170 or more shares will receive .01XBT or higher and will be guaranteed to receive their dividends upon div payments. Smaller shareholders did not meet our payout threshold. We will try to place your dividend payment into our payout but do not expect it.
If you haven't placed your BTCT Public Address onto BTCT as of today your potential dividends have gone to the reinvestment fund. Go on to BTCT.CO and set it before the exchange closes down.
If you're a shareholder who has not been invited to our loomio group email me from the email address you used for BTCT.CO and we'll get you added.

[JimiQ84]

Dividends Information

Head over to our loomio group. To see our latest dividends spreadsheet. Here's a quick summary, we've placed 3.86 XBT to dividends which comes out to 6043 Satoshis per share and leaves 63805 Satoshis for the next dividend. Shareholders with 170 or more shares will receive .01XBT or higher and will be guaranteed to receive their dividends upon div payments. Smaller shareholders did not meet our payout threshold. We will try to place your dividend payment into our payout but do not expect it.
If you haven't placed your BTCT Public Address onto BTCT as of today your potential dividends have gone to the reinvestment fund. Go on to BTCT.CO and set it before the exchange closes down.
If you're a shareholder who has not been invited to our loomio group email me from the email address you used for BTCT.CO and we'll get you added.

I have just sent e-mail. Awaiting invitation to loomio, thanks

[chalbersma]

Dividends Information

Head over to our loomio group. To see our latest dividends spreadsheet. Here's a quick summary, we've placed 3.86 XBT to dividends which comes out to 6043 Satoshis per share and leaves 63805 Satoshis for the next dividend. Shareholders with 170 or more shares will receive .01XBT or higher and will be guaranteed to receive their dividends upon div payments. Smaller shareholders did not meet our payout threshold. We will try to place your dividend payment into our payout but do not expect it.
If you haven't placed your BTCT Public Address onto BTCT as of today your potential dividends have gone to the reinvestment fund. Go on to BTCT.CO and set it before the exchange closes down.
If you're a shareholder who has not been invited to our loomio group email me from the email address you used for BTCT.CO and we'll get you added.

I have just sent e-mail. Awaiting invitation to loomio, thanks

Invite Sent.

[JimiQ84]

I have just sent e-mail. Awaiting invitation to loomio, thanks

Invite Sent.

I am in. Thank you.

[shmoula]

+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?)

Dividends Information

Head over to our loomio group. To see our latest dividends spreadsheet. Here's a quick summary, we've placed 3.86 XBT to dividends which comes out to 6043 Satoshis per share and leaves 63805 Satoshis for the next dividend. Shareholders with 170 or more shares will receive .01XBT or higher and will be guaranteed to receive their dividends upon div payments. Smaller shareholders did not meet our payout threshold. We will try to place your dividend payment into our payout but do not expect it.
If you haven't placed your BTCT Public Address onto BTCT as of today your potential dividends have gone to the reinvestment fund. Go on to BTCT.CO and set it before the exchange closes down.
If you're a shareholder who has not been invited to our loomio group email me from the email address you used for BTCT.CO and we'll get you added.

I have just sent e-mail. Awaiting invitation to loomio, thanks