[BTC-TC] YABMC

[JWU42]

Coupon Paid a bit early - have a good week!

[JWU42]

Coupon Paid - Have a good weekend!

[JWU42]

Coupon Paid.  Thanks for your continued support of YABMC!

[totaleclipseofthebank]

Absolutely loving the recent upswing. Keep up the good work!

[totaleclipseofthebank]

Does YABMC use GPUMAX?

[JWU42]

Does YABMC use GPUMAX?

Yes, we use GPUMAX...

[totaleclipseofthebank]

Does YABMC use GPUMAX?

Yes, we use GPUMAX...

ruh roh

[JWU42]

Does YABMC use GPUMAX?

Yes, we use GPUMAX...

ruh roh

Not sure I follow your comment...

[totaleclipseofthebank]

What is your take on the security of GPUMAX given the recent developments re. pirateat40?

[JWU42]

What is your take on the security of GPUMAX given the recent developments re. pirateat40?

Still not following...

Security of GPUmax in what sense?

[totaleclipseofthebank]

What is your take on the security of GPUMAX given the recent developments re. pirateat40?

Still not following...

Security of GPUmax in what sense?

Do you have coins in GPUmax or are they always withdrawn instantly?

[misterbigg]

Why has this bond lost 70% of its face value from the original date of issue?

[stochastic]

Why has this bond lost 70% of its face value from the original date of issue?

What has the projected increase in difficulty been since the date of issue?

[misterbigg]

What has the projected increase in difficulty been since the date of issue?

Are you saying that the change in value is due to difficulty changes?

[totaleclipseofthebank]

What has the projected increase in difficulty been since the date of issue?

Are you saying that the change in value is due to difficulty changes?

As difficulty increases the payout of 1Mh decreases. The rise in difficulty has been large with the recent BTCUSD rally.

[sunnankar]

What is your take on the security of GPUMAX given the recent developments re. pirateat40?

Still not following...

Security of GPUmax in what sense?

Pirate sailed off to pirate island. There is considerable uncertainty about whether any accounts receivables are worth anything. As I understand it Pirate operates GPUmax. If you mine at GPUmax and if you have not withdrawn bitcoins then those accounts receivables may need to be discounted which would then need to be factored into the value of the security.

[JWU42]

All,

GPUmax pays out on a almost daily basis - there is nothing to withdraw - it is a "manual" system.

Also, with GPUmax, you only accrue BTC when they are leasing your shares - which has been well under 50% of the time - so the shares are proxied to the "offline" pool of our choosing.  We then get payment from that offline pool.

Said differently, GPUmax is currently accounting for less than 30% of my daily mining income.  Additionally, I was paid yesterday from GPUmax (as were all miners).

Also, please note, that we have hashing power far in excess of the 54.7 Gh/s of bonds sold.  Personally, I have added 25 Gh/s recently and know that hashking and PatrickHarnett have added to their operations since their involvement in YABMC.

I hope this eases some of your concerns.

Best,

JW

[PatrickHarnett]

As 1/3rd of YAMBC, I should comment that personally I do not use GPUmax, although I have an account.

[totaleclipseofthebank]

All,

GPUmax pays out on a almost daily basis - there is nothing to withdraw - it is a "manual" system.

Also, with GPUmax, you only accrue BTC when they are leasing your shares - which has been well under 50% of the time - so the shares are proxied to the "offline" pool of our choosing.  We then get payment from that offline pool.

Said differently, GPUmax is currently accounting for less than 30% of my daily mining income.  Additionally, I was paid yesterday from GPUmax (as were all miners).

Also, please note, that we have hashing power far in excess of the 54.7 Gh/s of bonds sold.  Personally, I have added 25 Gh/s recently and know that hashking and PatrickHarnett have added to their operations since their involvement in YABMC.

I hope this eases some of your concerns.

Best,

JW

Great. Thanks for the clarification!

[conspirosphere.tk]

Also, please note, that we have hashing power far in excess of the 54.7 Gh/s of bonds sold.  Personally, I have added 25 Gh/s recently and know that hashking and PatrickHarnett have added to their operations since their involvement in YABMC.

Does this means that YABMC bonds are now paying more than 1 Mhs/s ppt?