Diablo Mining Company

[Garr255]

The day everyone has been waiting for is here: You can now buy shares of DMC!

https://glbse.com/asset/view/DMC

Hurry up before they're all gone!

5 sold already! Only 199995 to go.

And glbse goes down!

[JWU42]

The volume killed the server 

I am now a shareholder!

[DiabloD3]

We're slightly past the 12 hour mark, and 232 sold already.

[BinaryMage]

We're slightly past the 12 hour mark, and 232 sold already.

At that rate, it'll take less than two years!

Congratulations nonetheless.

[Gomeler]

We're slightly past the 12 hour mark, and 232 sold already.

At that rate, it'll take less than two years!

Congratulations nonetheless.

Yeah.. I'd have gone with a smaller initial IPO, get something hashing and use that to snowball your growth. Would also let you potentially pull in more BTC if the value per share increased between releasing chunks of shares. Regardless, watching intently and curious what/when your first move will be.

[DiabloD3]

Update:

235 shares sold thus far.

Its going to take awhile for mining hardware to get here once, so I've bought 50btc worth of Bitbond (76 shares) and 50btc of Gigamining (33 shares) as a short term stand in. Leaves me approximately enough to buy a BFL single to evaluate BFL products.

[DiabloD3]

Update: I've moved the remaining 136 BTC into split Giga/Bitbond.

I've been talking to a few people who shall remain nameless, and 28nm miner products should be coming out in the next 2-3 months, and it would basically be a waste to order 2-3 BFL singles now when 28nm could be much cheaper per mh.

Current holdings: 79 shares of Gigamining @ 1.51, 179 shares of Bitbond @ 0.655

Not exactly where I wanted to go with this, but its better than leaving the money sit idle.

[Sukrim]

Well, you bought relatively expensive on the bitbond end... The current price for 1 MH/s seems to still be 0.3 BTC - preIPO from trusted people you might be able to buy even cheaper.

You could also offer to trade 1 share of your company for 3 MH/s of mining bonds for some time.

[DiabloD3]

Well, you bought relatively expensive on the bitbond end... The current price for 1 MH/s seems to still be 0.3 BTC - preIPO from trusted people you might be able to buy even cheaper.

You could also offer to trade 1 share of your company for 3 MH/s of mining bonds for some time.

A lot of people have BTC tied up in that Bitcoinica clusterfuck, and many people have told me they would invest in DMC but can't because of that, but many people also have significant GLBSE holdings, so I'd like to help everyone out:

http://caspar.adterrasperaspera.com/dmc/trade/

This seems to be fair to the owners of those bonds and for existing shareholders. I'm willing to pay that small premium just to get (virtual) hash power up to start growing the growth fund and pay out dividends for early investors.

If anyone wants to do it, talk to me on #dmc or #bitcoin-assets on Freenode or message me on the forums. GLBSE changes a fee to transfer, so remember to have a smidgen of BTC in your accounts.

[Garr255]

Although I'm not interested in a trade, I'd appreciate it if you'd take a chunk out of the Cognitive askwall!

[DiabloD3]

Although I'm not interested in a trade, I'd appreciate it if you'd take a chunk out of the Cognitive askwall!

I've added an offer for Cognitive as well.

[DiabloD3]

Update: (Updated 9/10)

Shares sold total: 20909

Shares held total:
54 BTC-MINING (300 mhash) = (16200 mhash)
951 BTCMC (7 mhash) = (6657 mhash)
9290 OBSI.ABMO (12.92 mhash) = (120026 mhash)

Total hashing power: 142883 mhash
Approximately 6.833 mhash per share

[BlackBison]

2 questions:

1. How does this 'share swap' work exactly? I transfer you 2 giga via glbse then you send me 5 DMC shares direct to my account, is that correct?

2. Are you taking puremining shares in exchange, and if yes whats the exchange rate?

Cheers

[Bitinvestor]

2 questions:

1. How does this 'share swap' work exactly? I transfer you 2 giga via glbse then you send me 5 DMC shares direct to my account, is that correct?

2. Are you taking puremining shares in exchange, and if yes whats the exchange rate?

Cheers

Don't do it man. Can't you see that this is a scam? The highest bid for DMC is 0.00000001! Great way to get nothing for something.

[Namworld]

2 questions:

1. How does this 'share swap' work exactly? I transfer you 2 giga via glbse then you send me 5 DMC shares direct to my account, is that correct?

2. Are you taking puremining shares in exchange, and if yes whats the exchange rate?

Cheers

Don't do it man. Can't you see that this is a scam? The highest bid for DMC is 0.00000001! Great way to get nothing for something.

The guy proposing this is part of the forum's staff... and creator of DiabloMiner, one of the most used GPU miner (although not the most I believe). That doesn't mean the guy can't scam, but he does have some reputation for working on projects and being trustworthy.

The swap just is, however... Well I don't like it like many, but that doesn't mean you shouldn't. You just have to believe it will work out fine.

For the 0.00000001 bid... those are seen on every asset, just ignore those. Just consider there's no current bid at all.

[Bitinvestor]

You just have to believe it will work out fine.

Good luck with that!

[zapeta]

You just have to believe it will work out fine.

Good luck with that!

Don't like it, don't invest.  It's as simple as that.

[DiabloD3]

2 questions:

1. How does this 'share swap' work exactly? I transfer you 2 giga via glbse then you send me 5 DMC shares direct to my account, is that correct?

2. Are you taking puremining shares in exchange, and if yes whats the exchange rate?

Cheers

1) Yes, you specifically send it to Diablo-D3:DMC (GLBSE has a weird subaccount naming scheme) and tell me the exact date/time and amount of the transfer (GLBSE gives you those on your portfolio page under transfers out) and then I send you the DMC shares. I also need your GLBSE account name.

2) I'll take Puremining, 1 DMC for 2 PUREMINING seems to be equiv to the rest. I've added it to the list.

[DiabloD3]

and creator of DiabloMiner, one of the most used GPU miner (although not the most I believe).

Historically its the most, but I've lost ground recently to cgminer... but then again, cgminer offers my kernel as an option.

[DiabloD3]

Due to popular request I've added FPGA.Contract and YABMC for the trade offer.