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Glasswalker (OP)
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March 30, 2012, 03:06:55 PM |
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Thanks for the heads up mila. HorseRider makes some interesting assessments, but he also made a couple of accusations directed at myself/btcsyn I didn't appreciate. I've posted a response in the linked thread.  |
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HorseRider
Donator
Legendary
 Offline
Activity: 1120
Merit: 1001
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March 31, 2012, 04:22:56 PM |
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Thanks for the heads up mila. HorseRider makes some interesting assessments, but he also made a couple of accusations directed at myself/btcsyn I didn't appreciate. I've posted a response in the linked thread. I do think your company is a great company at the IPO price ,and the price has lots of potential. The FPGA.contract once get to 0.5BTC which confused me so much.The shareholders will have to spend near 50 month to cover the investment cost suppose that the net income stay as today. FPGA.contract is a great mining farm, but not very good investment decision to purchase it at that high price since there are shares of BTCSYN which can be purchased at 20x of monthly net income. |
16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
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Glasswalker (OP)
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April 01, 2012, 02:02:33 PM |
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Hey, so it's officially April 1st, and so it's time to take up our earnings from the partial month of March, and divide them up into Growth and Dividends.
Woohoo! First Dividends!
I'll do the payout for dividends later today. But to announce the numbers:
Exact Total Balance: 105.36151360 BTC
62.37295882 BTC Total in earnings since the end of the IPO period.
80% for growth: 49.898367056 BTC
20% for dividends: 12.474591764 BTC
at 12,000 shares the dividend being paid per share: 0.00103954
I've moved over the appropriate amounts to growth and dividend accounts. As I said I'll do the payout later today!
Congrats on First Dividends!
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HorseRider
Donator
Legendary
Offline
Activity: 1120
Merit: 1001
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April 02, 2012, 12:23:55 PM |
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Glasswalker, could you please add those 6G FPGA mining power rig's status onto the statistic webpage, even if with a simple number and a simple explanation? Hopefully that it will not be troublesome. or As Mila posted on the btcsyn.com forum, give it a link at the page. So the potential new shareholders won't miss that 6G in their decision.
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16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
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mila
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April 02, 2012, 12:55:48 PM |
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Glasswalker, could you please add those 6G FPGA mining power rig's status onto the statistic webpage, even if with a simple number and a simple explanation? Hopefully that it will not be troublesome. or As Mila posted on the btcsyn.com forum, give it a link at the page. So the potential new shareholders won't miss that 6G in their decision.
Noooooooooooooooooooooooooooooooooooooooooooooooo! waiving good-bye to to cheap buy orders ... (misinformed sellers are better than no sellers) |
your ad here:
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HorseRider
Donator
Legendary
Offline
Activity: 1120
Merit: 1001
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April 02, 2012, 01:57:07 PM |
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Glasswalker, could you please add those 6G FPGA mining power rig's status onto the statistic webpage, even if with a simple number and a simple explanation? Hopefully that it will not be troublesome. or As Mila posted on the btcsyn.com forum, give it a link at the page. So the potential new shareholders won't miss that 6G in their decision.
Noooooooooooooooooooooooooooooooooooooooooooooooo! waiving good-bye to to cheap buy orders ... (misinformed sellers are better than no sellers) Someone has already discovered the secret of the BTCSYN, and put up a 300 shares ask order! |
16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
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mila
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April 02, 2012, 02:05:45 PM |
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Someone has already discovered the secret of the BTCSYN, and put up a 300 shares ask order!
if bought on the last day of ipo the price is not that bad (from potential seller's point of view). fpga.contract sells around .50 today and btcsyn under .30 is a nice discount imho and people are already selling into it! 2 trades according to twitter so far. interesting. thanks for the tip |
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Glasswalker (OP)
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April 04, 2012, 01:46:48 PM |
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Woohoo! First dividends paid!
Total of 12.47448 paid from partial earnings from march (for some reason GLBSE altered the total, I said to pay 12.47459176 but it decided to pay 12.47448, not sure why that happened).
So a total of 0.00103954 per share has been issued!
Here's looking forward to a nice full month of earnings for April!
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Nefario
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April 04, 2012, 01:49:33 PM |
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Woohoo! First dividends paid!
Total of 12.47448 paid from partial earnings from march (for some reason GLBSE altered the total, I said to pay 12.47459176 but it decided to pay 12.47448, not sure why that happened).
So a total of 0.00103954 per share has been issued!
Here's looking forward to a nice full month of earnings for April!
It's a rounding issue, essentially the dividend payment doesn't split perfectly for all the shares, so it will pay the closest available. Congrads on the first payment. |
PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com |
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Glasswalker (OP)
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April 04, 2012, 01:59:41 PM |
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Ahh ok, thanks nefario! That makes perfect sense now that I think about it lol FYI the remainder left over is still sitting in the GLBSE account, so it will wait until the next dividend payment and tack onto the total then. I'll just let these tiny rounding error amounts accumulate and keep paying out each month. |
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stochastic
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April 14, 2012, 06:35:39 PM |
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I was searching through the posts but could not find the answer. Are dividends released weekly?
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Introducing constraints to the economy only serves to limit what can be economical.
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mila
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April 14, 2012, 07:23:19 PM |
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I was searching through the posts but could not find the answer. Are dividends released weekly?
(*) dividends are monthly and are split 20 % payout as dividends and 80 % to reinvest in more mining gear * https://bitcointalk.org/index.php?topic=64638.msg761356#msg761356- We will grow in value rapidly due to 80% of mining power being re-invested - We pay out 20% of all mining power to dividends monthly & http://www.btcsyn.com/bylaws- The "Growth Rate Percentage" is defined as 80% - Each month, the remaining Earnings/Profit after deducting monthly operating expenses, and the Growth Budget, will be added in full to that months Dividend Disbursement. - The dividend disbursement will be paid in full within the first 7 days of the following month, to the shareholders based on their volume of held shares in the Syndicate |
your ad here:
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BinaryMage
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April 20, 2012, 11:44:03 PM |
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Syndicate hashrate down from ~12 GH to ~3. What's going on?
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mila
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April 21, 2012, 01:15:21 AM |
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Syndicate hashrate down from ~12 GH to ~3. What's going on?
I guess the power is being redirected  I saw a moment when the FPGA rig was mining at 1 gh/s, as if the majority of boards was reconfigured ... it was dropping since then. |
your ad here:
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BinaryMage
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April 21, 2012, 01:53:44 AM |
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Syndicate hashrate down from ~12 GH to ~3. What's going on?
I guess the power is being redirected I saw a moment when the FPGA rig was mining at 1 gh/s, as if the majority of boards was reconfigured ... it was dropping since then. Without a motion? Huh? |
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Glasswalker (OP)
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April 21, 2012, 01:59:58 AM |
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Sorry actually there was a power interruption in my house and I had to get home to correct it. The FPGAs should be mining again shortly. Sorry for the confusion (and odd timing) lol...
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BinaryMage
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April 21, 2012, 02:04:09 AM |
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Sorry actually there was a power interruption in my house and I had to get home to correct it. The FPGAs should be mining again shortly. Sorry for the confusion (and odd timing) lol...
Glad you got it fixed, hopefully stats will come back up shortly. |
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Glasswalker (OP)
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April 21, 2012, 02:05:38 AM |
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Well not fixed yet, shortly I JUST got home. Working on it now. My other miners came back up but for some reason MPBM on the FPGA miner is crashing. (It runs for a few seconds then locks up) I'm working on it now. |
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Glasswalker (OP)
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April 21, 2012, 03:24:42 AM |
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Well all miners appear to work, but something has gone terribly wrong with MPBM. It now locks up hard after anywhere from 30seconds to 10minutes of mining
No ideas why. I'm working with TheSeven now but there might be a more extended outage unfortunately. I'm trying to work with TheSeven (maker of MPBM) and do troubleshooting but this is a bizarre issue. I'll keep you all informed as I have more info.
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