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Author Topic: [GLBSE] PureMining: Infinite-term, deterministic mining bond  (Read 39471 times)
Meni Rosenfeld (OP)
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January 22, 2013, 08:25:31 PM
Last edit: March 25, 2014, 05:29:26 PM by Meni Rosenfeld
 #261

I checked, the coupon payments were fine AFAICT, there was an error only in my posts about them.

I've paid out coupons for blocks 216383-217391. This post will be updated with details of all coupon payments since the GLBSE shutdown.

I want to verify that coupons before the GLBSE shutdown were paid correctly, but I don't currently have the data for that. Can anyone verify that coupons up to 201599 (as shown in http://bitcoinpuremining.com/) were paid correctly?


Payment list:

https://blockchain.info/tx/f69173bf19362f7aff12081e41f119fd30b4e43bb39f837c1274e67bedf4915d
201935-209327, 0.0164844138 * 6943 = 114.45128549.

https://blockchain.info/tx/74053b2ec13445a6e18f8370a15ab25b306e7a40c8984fdea4bcdb76135c9276
201935-209327, 0.0164844138 * 7600 = 125.281154496.

https://blockchain.info/tx/2b7e8173010182e8d32a28eb87aed5769b90d75d3a50b547b6dbb089163a8b94
209663-212015, 0.003411751 * 14543 = 49.61709105

https://blockchain.info/tx/60f081b5bf75550bc3a9fce20b6daffa80975504dc96d14b24de3306eb8966d8
201935-212015, 0.0198961645 * (1023+3) = 20.41346486

https://blockchain.info/tx/237bed462683b6b49a7d59b9010bc92e3285a3a8373fced4e16d74e282ed2491
212351-213359, 0.0016092739 * 15566 = 25.05995811

https://blockchain.info/tx/3a8f68d0993288213d566bd23ae1a36f420763186b4e172065aa2bbc6a135e90
213695-214031, 0.0007286389 * 15566 = 11.34199363

https://blockchain.info/tx/04cd204f8cc7e69a9cbe85d793ac906408a291c5552507ce4878f98f971342b0
214367-215039, 0.0010807023 * 15566 = 16.82221269

https://blockchain.info/tx/9ece1c8c1909d8d0b56facf15c461af96468ee25031557882987161ea4e0006e
215375-216047, 0.0011330163 * 15566 = 17.63653236

https://blockchain.info/tx/c19d32f8a93e4cfc6457dad5dc2405a710ed5009483ee820bd28e6f4a38905fa
216383-217391, 0.0016009612 * 15566 = 24.92056274

https://blockchain.info/tx/ae0393e3c1decc3c072967f866be6d2eabbd786c110681c5324bd14f7dc55a9d
217727-218399, 0.0011504559 * 15566 = 17.90799713

https://blockchain.info/tx/978a39b6899afd5cc542793952c648d7f4e367dc09c48249e6f063b6f7e9fbce
218735-219071, 0.0007142438 * 15566 = 11.11791957

https://blockchain.info/tx/bcb14044b925e303c18d5cbae738d8244ec339641903d85dab22604bd9adb4eb
219407-220079, 0.0010204803 * 15566 = 15.88479717

https://blockchain.info/tx/6ad62df665889de358f7cbfd1545f2acf4ebe51185ea68a4e406531e1d726e9f
220415-221423, 0.0013074733 * 15566 = 20.35212991

https://blockchain.info/tx/e1507dc1aac7dacf40d0d755f2087274f6d8b2ddb5fb90285cedec9ebe0dd6ab
221759-222767, 0.0010882101 * 15566 = 16.93907933

https://blockchain.info/tx/20c56337f234f016507e393066d48f56706168f401efac7a3178805c06838d99
223103-223775, 0.0008006645 * 15566 = 12.46314412

https://blockchain.info/tx/5eecef1517e3a66dc4f39b2eef07aac1a2c9a9e4877b39cdd30166b1a82bbc69
224111-225119, 0.0009726100 * 15566 = 15.13964726

https://blockchain.info/tx/67c766ab5dda29090b13f6cb49ceb327567f1e15fd9e625d8959eb7f044e9208
225455-226463, 0.0008620529 * 15566 = 13.41871607

https://blockchain.info/tx/9fc82d57dcf0e45ad6f22b7b05a22764b5f37ee49118487151c8d3eb0082e165
226799-228143, 0.0008401403 * 15566 = 13.07762474

https://blockchain.info/tx/713cab6c3f65a02741b54b13f3ed2773c9b26b94d971aa96ac32f212b1bf12b8
228479-229487, 0.0005852612 * 15566 = 9.11017654

https://blockchain.info/tx/c65ad6b9637e63d6a91a18d342d15f2eeca2ab8d32693d55642614ecd6d0924d
229823-230831, 0.0005519634 * 15566 = 8.59186292

https://blockchain.info/tx/817de16663e1b3fda863438aee3a1bcae4f13c48dd45048d773edb6fe6558138
231167-232175, 0.0005274288 * 15566 = 8.20995713

https://blockchain.info/tx/65139e010ed73a601143de4c8fbea66ac4845b43d11fe2d1e383f2ca037a32d8
232511-233519, 0.0004596716 * 15566 = 7.15524874

https://blockchain.info/tx/2a6c81aa0ca75d7bc6217dda187c0e79a436560dec7a5eb1068b6c99048568e6
233855-234527, 0.0003379249 * 15566 = 5.26013950

https://blockchain.info/tx/d4f3a739ab5dbea9aa4c60cdf32a1077e3960e3d7dd4abf4170bd65f0cb74284
234863-235871, 0.0004004890 * 15566 = 6.23401214

https://blockchain.info/tx/f6d09135495931f615adc97fe5e57ec530d27fed3d420c01b8234cf52fbe3626
236207-237215, 0.0003963748 * 15566 = 6.16997061

https://blockchain.info/tx/f6748239a503eb108c9b62e12ebab9505c3ed0563d347ea8c54e2a63aa72d0a7
237551-239231, 0.0004983431 * 15566 = 7.75720927

https://blockchain.info/tx/cf8039c002efbf56ec8c375beba3c6af064f46f17cbff791d48e19cfdb064527
239567-240239, 0.0002006009 * 15566 = 3.12255435

https://blockchain.info/tx/956d08e37fd8b0591cf6fdaf1fe5d05374f0eec534ddda45a1a7f98e51cd8947
240575-241919, 0.0002996340 * 15566 = 4.66410327

https://blockchain.info/tx/0944e037ff5a04f5d2bb17affe2b47e9c3c443b357e8c5215502b1d8adfc2f82
242255-242927, 0.0001697185 * 15566 = 2.64183863

https://blockchain.info/tx/343ddc363ea887a660d989cffe9ea88e6a5473c0996fe531af41ef065a354ba8
243263-244271, 0.0002101316 * 15566 = 3.27090910

https://blockchain.info/tx/d3165d4e0f5ddd1621f6a51e30b632add5455f74db46f540254e4dfb4035a07e
244607-245615, 0.0001784579 * 15566 = 2.77787615

https://blockchain.info/tx/2d6c85cbb151c3aff6579b8d66bac25549c75342c910c6e9672e2aa376010700
245951-246959, 0.0001595653 * 15566 = 2.48379410

https://blockchain.info/tx/c03cba14d5a9ac4b40b837676e951b457924a1ca511bad36d53968e3b714e902
247295-247967, 0.0001067657 * 15566 = 1.66191547

https://blockchain.info/tx/28c581cc23e7bb3fad66dbd6c969602999e40c6df2d4327e2feffb16d346e316
248303-248639, 0.0000714791 * 15566 = 1.11264413

https://blockchain.info/tx/584caaeeddc894f980c9acf159ca8bd98dc0d83e2f5dcfe884609c22b4015d97
248975-249983, 0.0001170319 * 15566 = 1.82171922

https://blockchain.info/tx/2e8459f44f8c4d5a130ef90d18c1834e90cef04d9d306dd55836f157cce2efa5
250319-251327, 0.0000958422 * 15566 = 1.49188032

https://blockchain.info/tx/83d779c47d771ef324f329715cd0901a815df530073b4f4046b17731ee0682dd
251663-253343, 0.0001168990 * 15566 = 1.81965020

https://blockchain.info/tx/13efbaa2309ea1cbfcd5d1fe2d1f04dc1249d0499219907da97ca2a144d5cbc2
253679-255023, 0.0000774211 * 15566 = 1.20513754

https://blockchain.info/tx/d41e03e3142bd2baee7ae16f748d98c057614efd690dc57249c786d64a4d5419
255359-256703, 0.0000600750 * 15566 = 0.93512777

https://blockchain.info/tx/f0b080c70edbf4bf191f0965b9c5038e17880e549bd83e1cfa6dc033de4fbd5d
257039-258047, 0.0000390851 * 15566 = 0.60839936

https://blockchain.info/tx/7ccb8b05e04894efb26fba82f092acf0675192fdb681143a2a12cccd3f6a95df
258383-259055, 0.0000255479 * 15566 = 0.39767909

https://blockchain.info/tx/7bc57d7e84adb3a6943cf06322dbf4f23f48c497676f1b77f2f3939baf819d84
259391-262079, 0.0000589863 * 15566 = 0.91818136

https://blockchain.info/tx/6bdc680ba9223435a74e5bd063d04dc97e5d080ecf04c11635202fee593532fa
262415-263087, 0.0000152635 * 15566 = 0.23759228

https://blockchain.info/tx/1cc79b18ac0f2d19203f09654f9e3c141328367239e8fe00cd94237b1f795438
263423-264767, 0.0000177928 * 15566 = 0.27696332

https://blockchain.info/tx/3da8b1ab5f02159b62db4048de2e0ba4e4636cb2ae17540b176bd17a06556db0
265103-267455, 0.0000205785 * 15566 = 0.32032539

https://blockchain.info/tx/b9558f9ef18dfd029181ecddf73cf779003ff939eab5b9738cfee799cb787ab0
267791-271487, 0.0000228996 * 15566 = 0.3564555

https://blockchain.info/tx/cba351bc2ada1cabbf8279f3f7bb8903944eb00de0b6d503d02b2aa3db38abd6
271823-276863, 0.0000186136 * 15566 = 0.2897399

https://blockchain.info/tx/7ef15a188f4f4d85ccb024c214df6f2e9b62f6340c219582591eae21db49e486
277199-282911, 0.0000113408 * 15566 = 0.17653161

https://blockchain.info/tx/19d9673535bef762a5c6abea4e14f14204f2f6a05a53c1379ae2d477e140c9dd
283247-292319, 0.0000088978 * 15566 = 0.13850367

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January 29, 2013, 08:26:55 AM
 #262

No dividends this week?

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January 29, 2013, 12:02:08 PM
 #263

No dividends this week?
Since I made a payment in the middle of last week it didn't seem critical to make a payment in the beginning of this one, but at your request I've now sent the payment for blocks 217727-218399.

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March 03, 2013, 06:53:29 PM
 #264

I just received a rather large payment for the number of shares I have... did we miss a couple of weeks?

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March 03, 2013, 07:28:19 PM
 #265

I just received a rather large payment for the number of shares I have... did we miss a couple of weeks?

naelr
No, payment has been more or less weekly and I will soon send latest week's payment. I think what you got is the ASICMINER dividend.

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March 03, 2013, 08:59:37 PM
 #266

I just received a rather large payment for the number of shares I have... did we miss a couple of weeks?

naelr
No, payment has been more or less weekly and I will soon send latest week's payment. I think what you got is the ASICMINER dividend.

Perhaps your right... the same payout because of GLBSE thanks for reminding me of that!

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April 07, 2013, 12:29:39 AM
 #267

Hey guys BitCoinPureMining.com is down what's up?
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April 07, 2013, 01:59:25 PM
 #268

Hey guys BitCoinPureMining.com is down what's up?
It works for me, maybe there was a temporary problem with the host.

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April 07, 2013, 02:12:05 PM
Last edit: April 07, 2013, 03:53:59 PM by dishwara
 #269

Meni Rosenfeld, no payments for more than a month?

yes, payments was given on 10 march, 19 march, 28 march, 4 april.
didn't check address.

Edited
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April 07, 2013, 02:20:25 PM
 #270

Meni Rosenfeld, no payments for more than a month?

I've had mine. Last 4 were 10th March, 19th March, 27th March and 4th April.


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April 07, 2013, 04:41:35 PM
 #271

Thanks, for some odd reason the website won't load for me Sad
anyway my next question is since the difficulty and network total keep going up, thus making mining less profitable everyday, is there a point where you would consider switching a portion to other alt coins? for example litecoin and ppcoin are making more money with mining power and if that was sold at market price it would make for a profit increase, just an idea Smiley Thanks Smiley
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April 07, 2013, 04:50:31 PM
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just wanted to add this website is great for showing mining power in relation to how many coins you can get for each alt coin Smiley
http://dustcoin.com/mining
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April 07, 2013, 05:29:31 PM
 #273

Thanks, for some odd reason the website won't load for me Sad
anyway my next question is since the difficulty and network total keep going up, thus making mining less profitable everyday, is there a point where you would consider switching a portion to other alt coins? for example litecoin and ppcoin are making more money with mining power and if that was sold at market price it would make for a profit increase, just an idea Smiley Thanks Smiley
PureMining is deterministic so these considerations won't affect the coupon payments.

Anyway, the mining used to hedge this are based on BFL FPGA (hopefully, soon to be upgraded to ASIC) which I don't think is suitable for these alts.

Meni Rosenfeld, no payments for more than a month?

yes, payments was given on 10 march, 19 march, 28 march, 4 april.
didn't check address.

Edited
This post is kept up to date with the coupon payments.

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April 07, 2013, 05:33:20 PM
 #274

Thats great to hear you are upgrading to ASIC will this cost us something or is this a friendly upgrade  Wink
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April 07, 2013, 05:43:46 PM
Last edit: July 03, 2013, 01:30:21 PM by Meni Rosenfeld
 #275

Thats great to hear you are upgrading to ASIC will this cost us something or is this a friendly upgrade  Wink
As I clarified now and multiple times earlier, PureMining is a deterministic bond. It is not affected by private events such as an ASIC upgrade.

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April 12, 2013, 04:22:03 AM
 #276

What's the payment period of PureMining?

From twice per week, to once per week, and ten days one payment.

What day payments of this time will happen?

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You Can See Me Now, Hi :}
VARANIDA

 
 
 
 
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|Hello Again
GWhitePaperG
GAnn ThreadG
Meni Rosenfeld (OP)
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April 12, 2013, 07:22:34 AM
 #277

What's the payment period of PureMining?

From twice per week, to once per week, and ten days one payment.

What day payments of this time will happen?
Sent a coupon now and will try to restore the weekly schedule.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
ThePanCakeKid95
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April 20, 2013, 04:54:57 PM
 #278

you mentioned you are upgrading to ASIC may you say through what supplier you are using?
Meni Rosenfeld (OP)
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April 20, 2013, 06:45:03 PM
 #279

you mentioned you are upgrading to ASIC may you say through what supplier you are using?
As I explained, I'm using BFL hardware and their upgrade program.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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April 21, 2013, 03:36:26 AM
 #280

Hi, so far you've been one of the most helpful, honest and profitiable (dividend wise) bitcoin venture I've put money into... Are you still waiting for a secure colored coin platform or similar before re opening your doors to more investors etc? I ask this because I'm interested in some more shares...But would also like the abimilty to easily liquify the shares as I see fit..So would only be comfortable trading through some stock exchange medium. Bitfunder doesn't float your boat? Anyway, thanks bye.
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