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Author Topic: [GLBSE] Feedback wanted: Gigamining, the first 5Mh/s mining bond  (Read 26426 times)
aseldon
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March 28, 2012, 10:37:01 PM
 #81

Thank you for posting those. Wow! 3 tons is a healthy amount of AC. My condo is about 1000 sqft and it gets cold with a 2 ton unit. Those must be some chilly machines. I can't wait to be able to buy into this professional mining operation.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Kaos
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March 29, 2012, 12:00:02 PM
 #82

Holy crap! There are the crown jewels!

I'm left kinda envious (in a good way!)
jamesg (OP)
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March 30, 2012, 09:57:51 PM
 #83

Holy crap! There are the crown jewels!

I'm left kinda envious (in a good way!)

Thanks Kaos. It's more work that probably any miner would like to admit. Smiley

So I think the 1 BTC price mark is where it's at. Does anyone have any opinions on when to issue this thing? I was originally thinking of waiting until the equipment arrives, but I would like to get some more feedback.

Best,
gigavps
aseldon
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March 30, 2012, 10:03:38 PM
 #84

I would purchase today if it was available. I know you have quite a lot of mining capacity right now so you may not need to wait for the mini rig to issue some shares.
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March 30, 2012, 10:08:27 PM
 #85

I would say create all 10,000 shares now but then only sell 5000 shares until more equipment arrives.
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March 30, 2012, 11:10:41 PM
 #86

I would purchase today if it was available. I know you have quite a lot of mining capacity right now so you may not need to wait for the mini rig to issue some shares.

+1

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March 31, 2012, 12:12:05 AM
 #87

If the price would be set at 1 btc and the bonds are available soon, i'd like to reserve a few

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March 31, 2012, 12:19:43 AM
 #88

You should issue them in batches (like 1000-2000 each, for example), and issue them as you feel comfortable you have the leeway to do the weekly payments. Also, give a heads up before you do it (~1 week in advance?), so that investors can prepare. Smiley

EDIT: You should also check how GLBSE handles issuing shares/bonds in batches... Tongue
@fees for issuing new shares for existing assets, that would be free of charge
That'd be nice, but probably Nefario's call.
No, mila is correct, there won't be any fees for issuing more shares.

What I will also do, specifically for bonds is allow new sub assets to be created for free (or very little).

So for example, an asset named BOND would be able to create a BOND.12.JAN, then BOND.12.FEB etc.
I'll probably even put a special interface just for bonds.
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April 01, 2012, 05:39:51 AM
 #89

Keeping my eye on this  Smiley
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April 03, 2012, 08:03:50 PM
 #90

Watching...
jamesg (OP)
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April 03, 2012, 08:19:25 PM
 #91

So it sounds like everyone wants to get started sooner rather than later.

As for verification of my has rate, I took a screen cap of my farm monitoring webpage. -> https://i.imgur.com/ctnX9.jpg

You'll notice all GPUs are underclocked as it's getting a little hot here in FL.

I guess it's time to talk with Nefario and get my glbse.com account verified.
roomservice
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April 03, 2012, 08:26:14 PM
 #92

So it sounds like everyone wants to get started sooner rather than later.

As for verification of my has rate, I took a screen cap of my farm monitoring webpage. -> https://i.imgur.com/ctnX9.jpg

You'll notice all GPUs are underclocked as it's getting a little hot here in FL.

I guess it's time to talk with Nefario and get my glbse.com account verified.

My coins can't wait to roll in!

"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
DILLIGAF
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April 03, 2012, 09:17:37 PM
 #93

So it sounds like everyone wants to get started sooner rather than later.

As for verification of my has rate, I took a screen cap of my farm monitoring webpage. -> https://i.imgur.com/ctnX9.jpg

You'll notice all GPUs are underclocked as it's getting a little hot here in FL.

I guess it's time to talk with Nefario and get my glbse.com account verified.

My coins can't wait to roll in!

The sheeple lining up to be fleeced, it is a beautiful sight..
rjk
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April 03, 2012, 10:17:12 PM
 #94

So it sounds like everyone wants to get started sooner rather than later.

As for verification of my has rate, I took a screen cap of my farm monitoring webpage. -> https://i.imgur.com/ctnX9.jpg

You'll notice all GPUs are underclocked as it's getting a little hot here in FL.

I guess it's time to talk with Nefario and get my glbse.com account verified.

My coins can't wait to roll in!

The sheeple lining up to be fleeced, it is a beautiful sight..
Go back to your cave.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
gnar1ta$
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April 04, 2012, 02:08:18 AM
 #95

How do you get $.07 electric in FL?

Losing hundreds of Bitcoins with the best scammers in the business - BFL, Avalon, KNC, HashFast.
hashking
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April 04, 2012, 09:54:18 AM
 #96

Hey Giga,  when are your shares coming to market. 
jamesg (OP)
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April 04, 2012, 09:56:52 AM
 #97

Hey Giga,  when are your shares coming to market. 

I am going to work on the particulars over the weekend and should have an announcement sometime early next week.
BinaryMage
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April 04, 2012, 11:12:35 PM
 #98

Hey Giga,  when are your shares coming to market. 

I am going to work on the particulars over the weekend and should have an announcement sometime early next week.

Excellent, looking forward to it.

-- BinaryMage -- | OTC | PGP
kakobrekla
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April 04, 2012, 11:29:00 PM
 #99

I'm in.

jamesg (OP)
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April 05, 2012, 01:55:44 AM
 #100

I'm in.

Thanks kakobrekla.

I will be working over the weekend to tighten up things on glbse.com and getting the release strategy ready. Stay tuned.
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