[BTC-TC] BTC-Mining

[Bugpowder]

I guess you havent ordered yet the rig, Namworld. Isnt it wise to do so, before the waiting list is extremely long ?

The waiting list is already long and the product is still vaporware. Optimal strategy is probably to keep the capital paying dividends until shipping actually starts, then place the order.

[Namworld]

As bugpowder said, product is still vaporware. Beside, the waiting time for FPGA started getting shorter later on.

I'm unsure were people get the idea the list only gets longer and longer or that it's even getting extremely long. The list is not disclosed. They'll increase production capacity if there's more orders than they can produce coming in.

We're looking at getting a new mhash rate on our loan to BITBOND when they upgrade to ASIC, assuming we do not reach enough for the first rig by then.

[nameface]

I'm starting to believe in this bond Price seems low.
Canada-based bonds have an inherent advantage because power is so cheap there.

[Namworld]

Mining returns of 23.48979581 BTC paid @ 0.00991549 BTC per share for the week of 9 September to 15 September of 2012

I'm starting to believe in this bond Price seems low.
Canada-based bonds have an inherent advantage because power is so cheap there.

Thanks.

Mostly due to the very abundant streams of water. A lot of hydroelectric power plants making up almost 100% of the production. A few odd percents in wind power and nuclear.

[Atlas]

How is this stock holding up?

[🏰 TradeFortress 🏰]

How is this stock holding up?

Pretty good, mining returns should be paid out today

[🏰 TradeFortress 🏰]

Shouldn't there be dividends today?

[Namworld]

The funds were not available earlier. They just came in 3 hours ago.

Bitbond occasionally pays us a bit late. The issuer is often busy and has to calculate us apart from the BITBOND holders and it sometimes happen to be transfered late.

Here they are:

Mining returns of 22.81721302 BTC paid @ 0.00963158 BTC per share for the week of 16 September to 22 September of 2012

[stepkrav]

Its some time now that even though TotalVol฿ is increasing, shares number is stuck at 2369. Am i right? Can someone explain this?

[Namworld]

Its some time now that even though TotalVol฿ is increasing, shares number is stuck at 2369. Am i right? Can someone explain this?

Top many people buying/selling in the 0.80 - 0.99 range, no actual shares being sold.

[zapeta]

A couple quick questions-

How close are we to being able to purchase actual hardware?  Obviously $/BTC has increased greatly since April when the IPO started.

Have you considered any action to help sell the IPO shares?  Maybe you could remove the ask wall and release the shares in smaller batches if the price gets back up to 1 BTC/share?  Just throwing out some ideas.

[Bitcoin Oz]

Its some time now that even though TotalVol฿ is increasing, shares number is stuck at 2369. Am i right? Can someone explain this?

Buy and sell in the spread for massive profit 

The only way to profit on glbse is not to hold shares for too long.

[Mushoz]

A couple quick questions-

How close are we to being able to purchase actual hardware?  Obviously $/BTC has increased greatly since April when the IPO started.

Have you considered any action to help sell the IPO shares?  Maybe you could remove the ask wall and release the shares in smaller batches if the price gets back up to 1 BTC/share?  Just throwing out some ideas.

This is definitely a very good idea and should be considered IMO. Maybe create a motion for this? I think the wall is providing a lot of downward pressure, which prevents any actual new shares from being sold. If it doesn't work, it's not like we lost anything

[stepkrav]

are the divident payments late?

[Namworld]

Mining returns of 22.09481016 BTC paid @ 0.00932664 BTC per share for the week of 23 September to 29 September of 2012

are the divident payments late?

Yes, I contacted Amazingrando, seems he remembered having paid us this week but had actually not.

[stepkrav]

So what will happen with our shares, now glbse.com is off?

[Namworld]

Q:I'm a GLBSE user, what about my assets and my bitcoin?

You will be able to get back your bitcoin, and if you want to reveal your username, email, and a bitcoin address to accept payments with, you can continue your relationship with the issuer of any assets you hold.

We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves. BitcoinGlobal (GLBSE's partent company) shareholders and board voted for them to be returned immediately, we are awaiting compliance with this order.

Well we hope that this really happen. Same as everything on GLBSE.

[🏰 TradeFortress 🏰]

Any news.. ?

[Namworld]

Currently no news on GLBSE's part.

As for Amazingrando, I've been in contact with him and he had taken a leave for personal reasons which I shall discuss no further, anything GLBSE related being on hold in any case. This was already proposed and he requested an address to forward payment which I provided.

I will keep everyone updated on that matter when it payments for the previous weeks are received or if I receive any info from GLBSE or something new occurs.

[Namworld]

Partial asset list received.

https://docs.google.com/spreadsheet/ccc?key=0AvwwyRGyc1WgdDFUajZmcWtQc2xVZUlGNXBvbWg1ZXc&pli=1#gid=0

Please check this link and check if you are included and amount of shares is correct (Only the first characters of email/BTC address are shown)

PM me with confirmation of which entry you are and if entry is correct.