[BitFunder][RTM] Rastamine - 22+ Th/s perpetual mining bond

[wisard]

Woohoo!
ASICMiner dividends came in and JAH dividends increased 6x as promised!
Thanks.

[ThickAsThieves]

Could you clarify whether this increased payout from today will be the normal rate, or will dividends decrease back to normal until the next asicminer dividends?

Also, when will you release the new upgradeable shares?

Thanks!

[camolist]

love the dividends and bids above .2 btc! Waiting on upgrade / trade in info!

[rastapool]

Hi, ThickAsThieves
In my first post I said that I can change my offer if ASICMINER will pay less than announced.
Back in summer ASICMINER declared

Self-Mining with First Batch of Chips At least 12TH/s in
total, that is equivalent to 30MH/s per share

Now we have only 4.5TH/s (it's about 1/3).
It's really hard to decide what I should do.
But I definitely can't offer update to 25.2 until ASICMINER will fill all 12TH.
Truly, I don't obligated to increase dividends in 6 times. But I think can do this: I increase dividends in 6 times now (even with 1/3 from expected ASICMINER income) and wait 12TH to offer payed update.
I'd like to say more, but I don't know: we depended from ASICMINER and I don't have exactly information how ASICMINER will go.

will dividends decrease back to normal until the next asicminer dividends?

No.

[ThickAsThieves]

Thanks for the answers!

[camolist]

i'm out

thanks for running the most rewarding glbse asset i've owned

sold for ~2.5 times what I bought in at and got lots of dividends in between

good luck to the buyer(s)


will keep an eye on things

[jimmydorry]

Sorry if this has been posted before.

What are the intentions looking into the future for this operation? Are you planning to expand to acquire a bigger slice of the total network hashing capacity? Are you going to buy back the shares?

[rastapool]

Hey,
camolist, pleasure to read such words.
jimmydorry,
Once ASICMINER reach 12 Th/s, I'll offer a new 25.2 Mh/s bonds. I'll offer payed update: one this new bond for one JAH bond + 0.12 BTC.
From start it will be 5000*25.2 Mh/s bonds, fully backed by ASICMINER shares. In the future I'll increase this amount over 5000 and partially or fully back it by real hardware.

[iCEBREAKER]

Hi Rasta!

Where do the 25.2Mh/s and 0.12 BTC numbers come from?

Thanks!

[rastapool]

Hey, iCEBREAKER,
They come from that post
https://bitcointalk.org/index.php?topic=77121.msg1119711#msg1119711

And in that post, just from numbers in my head:
1.05 * 6 = 6.3
6.3 * 4 = 25.2
0.1 (pretty round number ) + 20% = 0.12
just that

[rastapool]

I created the new RTM asset.

The holder of these bonds will receive as coupons a number of bitcoins equivalent to 100% PPS output of 25.2 MH/s per bond, for as long as they hold the bond.

Dividends
Dividends are paid at weekly or more often in bitcoins.

BuyBack
The issuer can buy back the bond at any time at a price equal to 105% of the highest price the asset was traded on BitFunder over the prior 360 hours.

You can exchange 1 JAH bond on 1 RTM bond for 0.12 BTC
use skype:
disposable.jah2rtm
for insructions. I'll give you unique BTC-address.

I'll delay dividends for a few days: you have no reasons to make exchange quicker than others.

*If you hate skype, just PM me.

[rastapool]

Next divs will be 2013-05-09 and this will be 7-days divs.
RTM trading will be unlocked right after divs.

[ratacat]

I don't understand, what will happen to JAH shares if we don't upgrade?  I just bought mine a few weeks ago?

[jimmydorry]

I would have appreciated some form of notice. 3days is no where near enough, especially without prior notice.

[coinminers]

Yes, what's going to happen to my Jah shares? Contacing you on skype now.

[rastapool]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

7-days paymant will be today, after I'll finish all todays transfers
and, just for proof, I'll sign this message
Publick key you can see here
https://bitcointalk.org/index.php?topic=77121.msg1344247#msg1344247
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.17 (MingW32)

iQEcBAEBAgAGBQJRizF2AAoJEO+lM09U8opmowsIAK95G7rnKE2vqnQmtwRi2muN
0qCWi5MyPw2UjJ5RbQ60d3GA57JHe7vLXrl8yGa6lFTxgB7A+OqbVlZcjsQRnNFg
gbZBXbsJ9NNCYo6E1U+Vd4/QEi/Y5r3/aR9X8Q/JVfGd+aauMqiRSbZUYL0+AsU7
A0lBt/nRA0sXfLTRQ4JHP/8NAGdQSbKfhcQHkRWue1X27pfGT3bDLNPa1lMIzaJ2
1y4vi8Pk6ZLa+bTFnQoNBHteA5O3GH7oYGaKNeSgK3OCBCIO5tSoLoz+yB74NKYI
VCJzV9I2FIJAIj6fbq7+BCVhGMxtf42faTIHgC0WTLA3sOdll8zi4P6xifv8YGk=
=E5Be
-----END PGP SIGNATURE-----

2 coinminers
they will be destroyed if you exchange, and nothing if you not
2 ratacat
nothing will happen, they will work as previous

[jimmydorry]

Can someone verify this? I don't have the necessary tools to verify a PGP signature that is not encrypted against an address.

The public key was given in a previous post:
https://bitcointalk.org/index.php?topic=77121.msg1344247#msg1344247

[jimmydorry]

I ended up dealing (share swap) via Skype on good faith, and it all worked out well. It must be the real Rasta 

[coinminers]

Same here, and learned a lot about Belarusian reggae. Here are two great songs:

http://www.youtube.com/watch?v=KaKEDpz1-a0

http://www.youtube.com/watch?v=8k4oCwLuBi4

Peace

^_______^

[tolan77]

Is it just me or does anyone else not get RTM to show up on the markets tab on bitfunder.I can see it in My Assets and can see that 2 trades have occured but has the bond not been made public yet? Not everyone does due diligence and reads the forums so I wonder how many ignorant JAH owners don't even know RTM is around yet.