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Author Topic: Gigamining / Teramining  (Read 201620 times)
jamesg
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April 07, 2012, 01:57:30 PM
 #1

For all further important announcements please see this thread: https://bitcointalk.org/index.php?topic=127437.0
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jamesg
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April 07, 2012, 01:58:22 PM
 #2

FAQ

Q: When will the first coupon payment be made?
A: All coupon payments happen on Monday. The first payment will be Monday, April 16, 2012.

Q: Are you going to verify you glbse.com account?
A: Yes. I have given all identification as requested.

Q: Where can I see all coupon payments made to date?
A: All coupon payments can be found at http://gigamining.com/

Q: What happens when there is a difficulty change in the middle of a week?
A: For the day of the difficulty change, the lower difficulty will win out for that day.
Raoul Duke
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April 07, 2012, 02:18:34 PM
 #3

So, buying 1 share, in a year one would recoup their initial 1 BTC if difficulty and block reward maintained at todays level...



Sorry, couldn't resist ^^ Wink

Oh, and maybe you'll be the guy that'll make me finally buy a couple shares at GLBSE and get into mining, even if only as as share holder. <-- Not kidding!

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April 07, 2012, 02:46:30 PM
 #4

We are very interested.

Will you begin to pay dividends in Apr. 17th? Or would it be later than that? Thanks.

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April 07, 2012, 02:56:30 PM
 #5

We are very interested.

Will you begin to pay dividends in Apr. 17th? Or would it be later than that? Thanks.

Hi friedcat,

Great question! Any bond holders for the first coupon payment on Monday, April 16, 2012 will receive an extra day of income for being the first to purchase. To be clear, you will be holding the bond for less that 6 days and will receive a payment for the full 7 days of mining.

Best,
gigavps
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April 07, 2012, 03:18:58 PM
 #6

Demand > Supply  Grin

GPG PubKey | THREEMA | OTC | HeatWare | 1JWU42QLGFESoQCC4iPzUDTRiC9nx5bi95
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April 07, 2012, 06:24:38 PM
 #7

edited.

your ad here:
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April 07, 2012, 07:57:02 PM
 #8

tabbed.

BTC: 1DJVUnLuPA2bERTkyeir8bKn1eSoRCrYvx
NMC: NFcfHSBBnq622pAr1Xoh9KtnBPA5CUn6id
occulta
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April 07, 2012, 08:07:13 PM
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got myself 900 bonds Smiley

GPG KeyID: F5A703CC74E46E5D
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April 07, 2012, 11:36:16 PM
 #10

I would like to take a moment to thank the individuals who have so far made this bond a resounding success. Pre IPO sales have reached 3/4 of the total amount to be issued which has me completely floored.

I am so grateful for your confidence in the bond and in me. Your votes of confidence are truly appreciated.
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April 07, 2012, 11:39:01 PM
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I would like to take a moment to thank the individuals who have so far made this bond a resounding success. Pre IPO sales have reached 3/4 of the total amount to be issued which has me completely floored.

I am so grateful for your confidence in the bond and in me. Your votes of confidence are truly appreciated.

Any chance you can hold the remaining IPO shares until the actual IPO so that smaller investors have a shot at getting some?
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April 08, 2012, 12:59:46 AM
 #12

Any chance you can hold the remaining IPO shares until the actual IPO so that smaller investors have a shot at getting some?

I will save at least 500 for IPO day.
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April 08, 2012, 01:01:11 AM
 #13

Well, these appear to have gone quickly. When's the next 10k issue? Tongue

Someone should make a page comparing the terms, costs, and returns of the various mining perpetuities out there right now (puremining, bitbond, and gigamining, and possibly others?)

As for another issue, we'll have to wait and see on that.

I would also wait until coupons are paid out to start comparisons.  Wink
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April 08, 2012, 02:18:45 AM
 #14

Well, these appear to have gone quickly. When's the next 10k issue? Tongue

Someone should make a page comparing the terms, costs, and returns of the various mining perpetuities out there right now (puremining, bitbond, and gigamining, and possibly others?)

Have done this and using it in preparation of my offering...

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April 08, 2012, 04:57:31 AM
 #15

GLBSE just posted this topic: https://bitcointalk.org/index.php?topic=75870.0 is that post in reaction to the pre sale today? If so do you have a backup plan for the pre sale shares?
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April 08, 2012, 05:10:40 AM
 #16

Well, these appear to have gone quickly. When's the next 10k issue? Tongue

Someone should make a page comparing the terms, costs, and returns of the various mining perpetuities out there right now (puremining, bitbond, and gigamining, and possibly others?)

As for another issue, we'll have to wait and see on that.

I would also wait until coupons are paid out to start comparisons.  Wink

I'm working on updating my list...
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April 08, 2012, 06:12:06 AM
 #17

GLBSE just posted this topic: https://bitcointalk.org/index.php?topic=75870.0 is that post in reaction to the pre sale today? If so do you have a backup plan for the pre sale shares?
As you can tell on that thread - I am totally pissed about them changing the rules mid-stream (again).

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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April 08, 2012, 06:17:59 AM
 #18

I plan on buying one Smiley
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April 08, 2012, 08:26:05 AM
 #19

As disclosure, I have subscribed for 500 bonds, and I am very annoyed at the heavy handed "regulator" approach apparently being shown by GLBSE.  I have offered (elsewhere) to run a bond register to facilitate and track user trades for free if GLBSE continues their ridiculous posturing and choses not to register one of the largest and more respectable potential issues we have seen for some time.
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April 08, 2012, 08:28:37 AM
 #20

Well, it is not really an IPO if it is not publicly available, but the TOS should have stated that to begin with.  I am surprised the TOS says that an asset can only be bought and sold through the exchange.  Of course, many companies do sell shares to people through their investor relations programs.

Introducing constraints to the economy only serves to limit what can be economical.
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