Gigamining / Teramining

[Namworld]

Considering the high payouts for initial investment, the guy probably had the intention to resell them all right after. And maybe even rinse and repeat with other titles. Personally, I'd keep those shares, probably.

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[toffoo]

Epoch is correct. 10k bonds exist. If you look through the post in this thread, I disclosed that a single bond holder purchased 5k bonds and we had an agreement that they would be held back a couple weeks.

They were released the other day.

Ok, thanks for the reply, I gotcha.

I guess I was mislead by the field on GLBSE that says dividends are paid out on 5,000 bonds.  Is that wrong?  The divs are paid out on all 10k?

[jamesg]

Ok, thanks for the reply, I gotcha.

I guess I was mislead by the field on GLBSE that says dividends are paid out on 5,000 bonds.  Is that wrong?  The divs are paid out on all 10k?

Next week will be the first week coupons are paid on all 10k bonds.

[Namworld]

Ok, thanks for the reply, I gotcha.

I guess I was mislead by the field on GLBSE that says dividends are paid out on 5,000 bonds.  Is that wrong?  The divs are paid out on all 10k?

Next week will be the first week coupons are paid on all 10k bonds.

Not like it will change much. Payouts will be doubled. On how many shares dividends are paid is irrelevant in that returns model. 

[friedcat]

Seems that the sales of all the mining bonds are going pretty well, except those with smaller volumes. Will you propose plans for releasing more soon?

[jamesg]

Seems that the sales of all the mining bonds are going pretty well, except those with smaller volumes. Will you propose plans for releasing more soon?

Hi friedcat,

All 10k bonds were sold on or before IPO day. The sales going on now are all between existing bonds holders.

As for plans on releasing more bonds, I would like to get the mini rigs in and running before I make anymore moves of that nature.

Best,
gigavps

[friedcat]

Seems that the sales of all the mining bonds are going pretty well, except those with smaller volumes. Will you propose plans for releasing more soon?

Hi friedcat,

All 10k bonds were sold on or before IPO day. The sales going on now are all between existing bonds holders.

As for plans on releasing more bonds, I would like to get the mini rigs in and running before I make anymore moves of that nature.

Best,
gigavps

Thanks for your reply. A relative long time of waiting then.

[jamesg]

Thanks for your reply. A relative long time of waiting then.

The mini rigs should be here by the end of May.

[friedcat]

Thanks for your reply. A relative long time of waiting then.

The mini rigs should be here by the end of May.

I remember I saw from somewhere that the BFL guys said that the expected date of shipping is the end of June.

Now if what you say turns out to be true, it seems they will have done a better job than before.

[jamesg]

I remember I saw from somewhere that the BFL guys said that the expected date of shipping is the end of June.

Now if what you say turns out to be true, it seems they will have done a better job than before.

The date has slipped a bit as it was supposed to be the middle of may. Good things come to those who are patient, so I wait.

[friedcat]

I remember I saw from somewhere that the BFL guys said that the expected date of shipping is the end of June.

Now if what you say turns out to be true, it seems they will have done a better job than before.

The date has slipped a bit as it was supposed to be the middle of may. Good things come to those who are patient, so I wait.

I guess I've confused the shipping date for very early pre-orderers and that for those people asking questions in the thread I saw.

[jamesg]

To all gigaminers,

Coupon payments are out.

You can see all the details at http://gigamining.com.

Best,
gigavps

[ciuciu]

Thank you!

[BinaryMage]

To all gigaminers,

Coupon payments are out.

You can see all the details at http://gigamining.com.

Best,
gigavps

Thanks giga.

[jamesg]

To all interested parties,

I have issued another 10,000 bonds set to be released in the near future. If you would like to give your thoughts on the timing of this release, please do so in this thread.

The release will be at the current average price of 1.5 BTC per bond.

Best regards,
gigavps

[Turbor]

To all interested parties,

I have issued another 10,000 bonds set to be released in the near future. If you would like to give your thoughts on the timing of this release, please do so in this thread.

The release will be at the current average price of 1.5 BTC per bond.

Best regards,
gigavps

That's great news. We're on the way to the top.

[aseldon]

The first 10K bonds represents the 50GH/S that you have already. 5MH/S * 10000 Bonds. Do these next 10K bonds mean that you're getting ready to expand to 100GH/S..... maybe that some rig boxes are in transit 

[jamesg]

The first 10K bonds represents the 50GH/S that you have already. 5MH/S * 10000 Bonds. Do these next 10K bonds mean that you're getting ready to expand to 100GH/S..... maybe that some rig boxes are in transit 

That is correct. The entire 100Gh of bonds will be run with 4 mini rigs due to arrive by the end of the month.

[BinaryMage]

Are you pre-selling any, and if so, what volume is required?

[ineededausername]

Are you pre-selling any, and if so, what volume is required?

He was, but now they're gone!  7000 shares sold already