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Tritonio
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June 04, 2012, 11:23:08 PM |
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Would any of the shareholders be interested in tipping in to advertise this on anonymous ads or some other place? Currently I am advertising this on my chrome extension (using this link: https://bitly.com/Jer9UW+ ) which has brought about 20 clicks. |
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Namworld (OP)
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June 12, 2012, 04:48:16 AM |
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Mining returns of 30.9999945 BTC paid @ 0.0160705 BTC per share for the week of 3rd June to the 9th June of 2012
We received a bit of an extra (0.6 BTC) from Amazingrando for the late payment.
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gewure
Sr. Member
 Offline
Activity: 364
Merit: 250
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June 12, 2012, 02:35:34 PM |
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good dividends..!
may i ask, how many bitcoin need to be further aquired, before rig1 can be orderer?!
3000 must be enought at this exchangerate.. so just another 1000?!
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Namworld (OP)
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June 12, 2012, 06:35:06 PM |
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good dividends..!
may i ask, how many bitcoin need to be further aquired, before rig1 can be orderer?!
3000 must be enought at this exchangerate.. so just another 1000?!
Pretty much. We would still need to wait until Amazing purchases back all the hashing power however, planned end of August. |
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aqrulesms
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June 12, 2012, 07:11:03 PM |
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How long typically would it take to break even on one of these bonds?
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Namworld (OP)
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June 13, 2012, 01:18:34 AM |
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Currently, I believe around 15 months. It all depends on difficulty change and how much new equipment gets added in. You'd get similar returns as regular PPS for your bitcoins, but don't forget that's 50% of the total. An extra 40% would go toward buying more equipment for the same amount of shares. Depending on what we get, it might also change the outcome with increased returns. It all depends on how fast it goes and that's not something that can be predicted.
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Bitcoin Oz
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June 13, 2012, 01:44:36 AM |
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sub.
I like the plans you have for expansion.
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gewure
Sr. Member
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Activity: 364
Merit: 250
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June 13, 2012, 11:02:52 PM |
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a fast financing would be much appreciated, since some 640 shares are already for sale again for less than 1.0
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Namworld (OP)
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June 14, 2012, 01:52:41 AM |
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I think that might be Diablo-D3. He's been doing a lot of moving around of his fund to profit from prices difference. That's about his share of the operation for sale there I believe. Maybe he could confirm.
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DiabloD3
Legendary
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Activity: 1162
Merit: 1000
DiabloMiner author
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June 14, 2012, 02:23:20 PM |
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I think that might be Diablo-D3. He's been doing a lot of moving around of his fund to profit from prices difference. That's about his share of the operation for sale there I believe. Maybe he could confirm.
I own 658 of BTC-Mining atm. |
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Namworld (OP)
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June 17, 2012, 09:08:59 AM |
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Mining returns of 30.1346067 BTC paid @ 0.0156057 BTC per share for the week of 10th June to 17th June of 2012
Also will update the main post about the new ASICs announcement.
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gewure
Sr. Member
Offline
Activity: 364
Merit: 250
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June 18, 2012, 11:27:32 PM |
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i have another question:
is it 100% guranteed, that the IPO bitcoins which are currently bound to the mining-contract will be returned at the end of august?!
or is theire any risk, you hide?
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Namworld (OP)
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June 19, 2012, 01:34:11 AM |
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Almost, as long as Amazingrando doesn't fail to purchase the bonds back. He's been pretty reliable and trustworthy so far, investing in his own mining operation and giving out dividends on his Bitbond title and to us. He does have a lot of experience in bitcoin mining too. I'm not really worried about that, although something catastrophic could always happen to him. Late payments/default risk are limited to the issuer not being able to continue operating his mining operation and so far it seems more than a healthy one. So pretty much the exact same risks you'd expect from placing your funds with any mining title on GLBSE or with BTC-Mining.
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gewure
Sr. Member
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Activity: 364
Merit: 250
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June 19, 2012, 02:15:10 AM |
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ok, sounds good.
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Tritonio
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June 21, 2012, 12:04:11 AM
Last edit: June 21, 2012, 12:30:34 AM by Tritonio |
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http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.htmlAny ideas when are those coming out? If we get the minirig, can we sell it back for $15000 as this article says? (or so I understand) Maybe we could spend the first 15K we gather in the new single units? We could get more than 10 of them for a total of 400Ghash/s. And then when we collect the next 30K we can get the new minirig for another 1Thash/s. I still can't believe those numbers. I am reading them again and again... Is this going to happen during 2012??? EDIT: I just read on their site that they will deliver probably on October.
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DiabloD3
Legendary
Offline
Activity: 1162
Merit: 1000
DiabloMiner author
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June 21, 2012, 12:29:46 AM |
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http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.htmlAny ideas when are those coming out? If we get the minirig, can we sell it back for $15000 as this article says? (or so I understand) Maybe we could spend the first 15K we gather in the new single units? We could get more than 10 of them for a total of 400Ghash/s. And then when we collect the next 30K we can get the new minirig for another 1Thash/s. I still can't believe those numbers. I am reading them again and again... Is this going to happen during 2012??? Don't bother bringing that up. No one trusts BFL. |
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Tritonio
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June 21, 2012, 12:31:37 AM |
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Don't bother bringing that up. No one trusts BFL.
Aren't we buying their minirig though? Or you mean nobody trusts their specs or their delivery dates? |
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DiabloD3
Legendary
Offline
Activity: 1162
Merit: 1000
DiabloMiner author
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June 21, 2012, 12:35:12 AM |
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Don't bother bringing that up. No one trusts BFL.
Aren't we buying their minirig though? Or you mean nobody trusts their specs or their delivery dates? No one trusts their specs or delivery dates. 28nm also may completely crush it. |
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Namworld (OP)
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June 21, 2012, 01:11:53 AM |
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As Diablo said, their announcements have always been a bit... blown into myth material. ASICs shouldn't end up being much more efficient than FPGA. They cost more to design but end up being cheaper to produce so it is good for volume. But they don't end up being a whole lot more performant, even if they are. Not on such a large magnitude. I have high doubts they could pack that kind of processing power in less space than the current FPGAs they use. Probably just an announcement to get some talk about them and visibility. I don't say I approve such tactics but it seems to have worked for them. They end up with acceptable specs, lowest market price. So even if they don't reach their promises, people still buy their equipment. For now I'm waiting for the actual performance expected and product to be put on market to further consider the new ASICs.
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ciuciu
Donator
Hero Member
Offline
Activity: 588
Merit: 500
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June 21, 2012, 01:14:26 AM |
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At what price will amazingrado buy back the bonds? As Diablo said, their announcements have always been a bit... blown into myth material. ASICs shouldn't end up being much more efficient than FPGA. They cost more to design but end up being cheaper to produce so it is good for volume. But they don't end up being a whole lot more performant, even if they are. Not on such a large magnitude. I have high doubts they could pack that kind of processing power in less space than the current FPGAs they use. Probably just an announcement to get some talk about them and visibility. I don't say I approve such tactics but it seems to have worked for them. They end up with acceptable specs, lowest market price. So even if they don't reach their promises, people still buy their equipment. For now I'm waiting for the actual performance expected and product to be put on market to further consider the new ASICs.
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