Bitcoin Forum
December 08, 2016, 12:19:48 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: ...
. - 0 (0%)
.. - 0 (0%)
Total Voters: 0

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 ... 130 »
  Print  
Author Topic: Gigamining / Teramining  (Read 201603 times)
Equilux
Sr. Member
****
Online Online

Activity: 309


View Profile
June 18, 2012, 09:17:27 AM
 #461

I see, if that is going to be the case, I feel that's kind of dissapointing that gigavps is honest. And this would certainly not provide the best value for money Gigamining strives to represent. I don't see any compelling reason to adhere strictly to these "contracts should be contracts rules". I would say Gigamining would be free to break its contract and do whatever it likes.
FTFY.

Really, people, you can't have a contract that you enforce when it suits you, and whinge and complain about and asked to be changed when it doesn't suit you. If you think the contract should be different, make an asset with a different contract, but don't expect contracts to be changed after the fact. Only governments do that.

We are on the fronteer, and inventing and creating as we go along. The entire possebility of being able to raise a motion which people can vote on implicates that changing the contract is a very real option.

1481199588
Hero Member
*
Offline Offline

Posts: 1481199588

View Profile Personal Message (Offline)

Ignore
1481199588
Reply with quote  #2

1481199588
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481199588
Hero Member
*
Offline Offline

Posts: 1481199588

View Profile Personal Message (Offline)

Ignore
1481199588
Reply with quote  #2

1481199588
Report to moderator
1481199588
Hero Member
*
Offline Offline

Posts: 1481199588

View Profile Personal Message (Offline)

Ignore
1481199588
Reply with quote  #2

1481199588
Report to moderator
1481199588
Hero Member
*
Offline Offline

Posts: 1481199588

View Profile Personal Message (Offline)

Ignore
1481199588
Reply with quote  #2

1481199588
Report to moderator
jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
June 18, 2012, 11:51:55 AM
 #462

To all gigaminers:

The coupon payment is out.

Best,
gigavps
BTCurious
Hero Member
*****
Offline Offline

Activity: 714


^SEM img of Si wafer edge, scanned 2012-3-12.


View Profile
June 18, 2012, 12:01:36 PM
 #463

Nice Smiley And the price is picking up again too Cheesy

BurtW
Legendary
*
Offline Offline

Activity: 1792

All paid signature campaigns should be banned.


View Profile WWW
June 18, 2012, 01:03:28 PM
 #464

I see, if that is going to be the case, I feel that's kind of dissapointing that gigavps is honest. And this would certainly not provide the best value for money Gigamining strives to represent. I don't see any compelling reason to adhere strictly to these "contracts should be contracts rules". I would say Gigamining would be free to break its contract and do whatever it likes.
FTFY.

Really, people, you can't have a contract that you enforce when it suits you, and whinge and complain about and asked to be changed when it doesn't suit you. If you think the contract should be different, make an asset with a different contract, but don't expect contracts to be changed after the fact. Only governments do that.

We are on the fronteer, and inventing and creating as we go along. The entire possebility of being able to raise a motion which people can vote on implicates that changing the contract is a very real option.
What about all the people who have shorted the stock.  It is unfair to them to change the contract.  If I was short - which I am not - I would be furious if the contract was changed to make it "better".

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!
Equilux
Sr. Member
****
Online Online

Activity: 309


View Profile
June 18, 2012, 01:22:08 PM
 #465

I see, if that is going to be the case, I feel that's kind of dissapointing that gigavps is honest. And this would certainly not provide the best value for money Gigamining strives to represent. I don't see any compelling reason to adhere strictly to these "contracts should be contracts rules". I would say Gigamining would be free to break its contract and do whatever it likes.
FTFY.

Really, people, you can't have a contract that you enforce when it suits you, and whinge and complain about and asked to be changed when it doesn't suit you. If you think the contract should be different, make an asset with a different contract, but don't expect contracts to be changed after the fact. Only governments do that.

We are on the fronteer, and inventing and creating as we go along. The entire possebility of being able to raise a motion which people can vote on implicates that changing the contract is a very real option.
What about all the people who have shorted the stock.  It is unfair to them to change the contract.  If I was short - which I am not - I would be furious if the contract was changed to make it "better".

That is a fair point, but isn't that always a risk when there is the possibility to raise a motion? And the motion would also serve as sort of an early warning, before anything would be changed.

ciuciu
Donator
Hero Member
*
Offline Offline

Activity: 588


View Profile
June 18, 2012, 02:09:28 PM
 #466

Did you increse the coupon to 5.5 Mh/s?

Man, this is sweet Smiley

lolwut
Legendary
*
Offline Offline

Activity: 1120



View Profile
June 18, 2012, 02:11:43 PM
 #467

is it too late for me to invest?
Daily Anarchist
Hero Member
*****
Offline Offline

Activity: 615



View Profile WWW
June 18, 2012, 02:22:47 PM
 #468

I see, if that is going to be the case, I feel that's kind of dissapointing that gigavps is honest. And this would certainly not provide the best value for money Gigamining strives to represent. I don't see any compelling reason to adhere strictly to these "contracts should be contracts rules". I would say Gigamining would be free to break its contract and do whatever it likes.
FTFY.

Really, people, you can't have a contract that you enforce when it suits you, and whinge and complain about and asked to be changed when it doesn't suit you. If you think the contract should be different, make an asset with a different contract, but don't expect contracts to be changed after the fact. Only governments do that.

We are on the fronteer, and inventing and creating as we go along. The entire possebility of being able to raise a motion which people can vote on implicates that changing the contract is a very real option.
What about all the people who have shorted the stock.  It is unfair to them to change the contract.  If I was short - which I am not - I would be furious if the contract was changed to make it "better".

People who are short the stock don't actually own or possess the stock, so why would they be entitled to the enforcement of the contract?

Discover anarcho-capitalism today!
jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
June 18, 2012, 02:38:29 PM
 #469

To all interested parties:

Gigamining is a perpetual mining bond. When you purchase a gigamining bond, you are entitled to future coupon payments, nothing more. There are no motions, ownership in a company or anything else like what you would see with a stock.

To Burt's point, he is correct that contracts should not be changed. I have thought long and hard about this and I feel the same way. I did not ask the bond holders to change the contract when difficulty was going down and I feel the inverse should hold true.

That being said, I am considering creating a new security, where holders of gigamining could volunteer to upgrade their gigamining bonds to the new bond, plus a fee. This would both keep the existing gigamining contract intact and would allow for an upgrade path for those interested in doing so.

All of this is still many months away, so until then, gigamining will remain at 5Mh/s. When the mini rigs arrive, we will still celebrate with 110% coupon payments for three weeks. Looking beyond, gigamining will continue to be both the largest and best perpetual mining bond in existence.

Best regards,
gigavps
lolwut
Legendary
*
Offline Offline

Activity: 1120



View Profile
June 18, 2012, 02:41:59 PM
 #470

To all interested parties:

Gigamining is a perpetual mining bond. When you purchase a gigamining bond, you are entitled to future coupon payments, nothing more. There are no motions, ownership in a company or anything else like what you would see with a stock.

To Burt's point, he is correct that contracts should not be changed. I have thought long and hard about this and I feel the same way. I did not ask the bond holders to change the contract when difficulty was going down and I feel the inverse should hold true.

That being said, I am considering creating a new security, where holders of gigamining could volunteer to upgrade their gigamining bonds to the new bond, plus a fee. This would both keep the existing gigamining contract intact and would allow for an upgrade path for those interested in doing so.

All of this is still many months away, so until then, gigamining will remain at 5Mh/s. When the mini rigs arrive, we will still celebrate with 110% coupon payments for three weeks. Looking beyond, gigamining will continue to be both the largest and best perpetual mining bond in existence.

Best regards,
gigavps

count me in.
Daily Anarchist
Hero Member
*****
Offline Offline

Activity: 615



View Profile WWW
June 18, 2012, 02:42:17 PM
 #471

To all interested parties:

Gigamining is a perpetual mining bond. When you purchase a gigamining bond, you are entitled to future coupon payments, nothing more. There are no motions, ownership in a company or anything else like what you would see with a stock.

To Burt's point, he is correct that contracts should not be changed. I have thought long and hard about this and I feel the same way. I did not ask the bond holders to change the contract when difficulty was going down and I feel the inverse should hold true.

That being said, I am considering creating a new security, where holders of gigamining could volunteer to upgrade their gigamining bonds to the new bond, plus a fee. This would both keep the existing gigamining contract intact and would allow for an upgrade path for those interested in doing so.

All of this is still many months away, so until then, gigamining will remain at 5Mh/s. When the mini rigs arrive, we will still celebrate with 110% coupon payments for three weeks. Looking beyond, gigamining will continue to be both the largest and best perpetual mining bond in existence.

Best regards,
gigavps

+1

I suspect these sorts of bonds will be phased out over the long run to something that better reflects investment in companies moreso than hashing speed.

Discover anarcho-capitalism today!
Equilux
Sr. Member
****
Online Online

Activity: 309


View Profile
June 18, 2012, 03:34:24 PM
 #472

To all interested parties:

Gigamining is a perpetual mining bond. When you purchase a gigamining bond, you are entitled to future coupon payments, nothing more. There are no motions, ownership in a company or anything else like what you would see with a stock.

To Burt's point, he is correct that contracts should not be changed. I have thought long and hard about this and I feel the same way. I did not ask the bond holders to change the contract when difficulty was going down and I feel the inverse should hold true.

That being said, I am considering creating a new security, where holders of gigamining could volunteer to upgrade their gigamining bonds to the new bond, plus a fee. This would both keep the existing gigamining contract intact and would allow for an upgrade path for those interested in doing so.

All of this is still many months away, so until then, gigamining will remain at 5Mh/s. When the mini rigs arrive, we will still celebrate with 110% coupon payments for three weeks. Looking beyond, gigamining will continue to be both the largest and best perpetual mining bond in existence.

Best regards,
gigavps

That's cool. Thanks for your dedication and for setting a clear course!

Lumpy
Full Member
***
Offline Offline

Activity: 237


View Profile
June 18, 2012, 05:39:09 PM
 #473

To all interested parties:

Gigamining is a perpetual mining bond. When you purchase a gigamining bond, you are entitled to future coupon payments, nothing more. There are no motions, ownership in a company or anything else like what you would see with a stock.

To Burt's point, he is correct that contracts should not be changed. I have thought long and hard about this and I feel the same way. I did not ask the bond holders to change the contract when difficulty was going down and I feel the inverse should hold true.

That being said, I am considering creating a new security, where holders of gigamining could volunteer to upgrade their gigamining bonds to the new bond, plus a fee. This would both keep the existing gigamining contract intact and would allow for an upgrade path for those interested in doing so.

All of this is still many months away, so until then, gigamining will remain at 5Mh/s. When the mini rigs arrive, we will still celebrate with 110% coupon payments for three weeks. Looking beyond, gigamining will continue to be both the largest and best perpetual mining bond in existence.

Best regards,
gigavps

Very reasonable -- thanks. Smiley
BTCurious
Hero Member
*****
Offline Offline

Activity: 714


^SEM img of Si wafer edge, scanned 2012-3-12.


View Profile
June 18, 2012, 07:23:29 PM
 #474

Hey guyze!
http://news.yahoo.com/leading-sha256-hardware-manufacturer-acquires-venture-capital-funding-081026668.html

imsaguy
General failure and former
VIP
Hero Member
*
Offline Offline

Activity: 574

Don't send me a pm unless you gpg encrypt it.


View Profile WWW
June 18, 2012, 07:24:42 PM
 #475


Hey, welcome to 2 days ago.

Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
DILLIGAF
Full Member
***
Offline Offline

Activity: 168



View Profile
June 18, 2012, 08:16:29 PM
 #476

Thank you Giga.

Your words sounds like fresh air here, you know how to transmit confidence to your investors.

That is why they call them confidence men they are good at it.
copumpkin
Donator
Sr. Member
*
Offline Offline

Activity: 266


I'm actually a pineapple


View Profile
June 18, 2012, 08:31:29 PM
 #477

Thank you Giga.

Your words sounds like fresh air here, you know how to transmit confidence to your investors.

That is why they call them confidence men they are good at it.

Unlike certain trolls who aren't even very good at trolling Smiley
imsaguy
General failure and former
VIP
Hero Member
*
Offline Offline

Activity: 574

Don't send me a pm unless you gpg encrypt it.


View Profile WWW
June 18, 2012, 08:32:49 PM
 #478

Thank you Giga.

Your words sounds like fresh air here, you know how to transmit confidence to your investors.

That is why they call them confidence men they are good at it.

Unlike certain trolls who aren't even very good at trolling Smiley


Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
DILLIGAF
Full Member
***
Offline Offline

Activity: 168



View Profile
June 18, 2012, 08:33:37 PM
 #479

Thank you Giga.

Your words sounds like fresh air here, you know how to transmit confidence to your investors.

That is why they call them confidence men they are good at it.

Unlike certain trolls who aren't even very good at trolling Smiley

That would be statement of fact on the ponzi he is running right now with this venture and that is what they call people who do that.
bulanula
Hero Member
*****
Offline Offline

Activity: 518



View Profile
June 18, 2012, 08:42:46 PM
 #480

Thank you Giga.

Your words sounds like fresh air here, you know how to transmit confidence to your investors.

That is why they call them confidence men they are good at it.

Unlike certain trolls who aren't even very good at trolling Smiley

That would be statement of fact on the ponzi he is running right now with this venture and that is what they call people who do that.

Who is running a ponzi Huh

I don't understand ...
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 ... 130 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!