BinaryMage
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May 29, 2012, 03:19:07 AM |
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Most buyback clauses specify market plus a percentage, not market minus a percentage.
I think all excepting TYGRR-BANK, which was a special case. (and not a mining company)
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Gladamas
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Activity: 294
Merit: 250
Bitcoin today is what the internet was in 1998.
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June 03, 2012, 05:17:12 AM |
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So you aren't using FPGA, are you using GPUs or ASIC? What kinds (models)?
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RandomQ (OP)
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June 03, 2012, 06:03:34 AM |
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Using GPUs ,XFX 5770 because the power requirement works very well with the solar system that my CTO helped me design.
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rdponticelli
Sr. Member
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Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
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June 03, 2012, 04:05:39 PM |
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Going to start selling shares every Sunday to the highest bidder. First sale will only be 1 share out of 2 issued. So the lucky bidder will get 50% of this dividend payment.
Strange way of doing it. It will still start on August?
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EskimoBob
Legendary
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Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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June 03, 2012, 05:15:23 PM |
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You second largest asset is a completely useless slab of shiny plastic with a half eaten apple as a logo? Why not buy another card for your rig?
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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Raoul Duke
aka psy
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Activity: 1358
Merit: 1002
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June 03, 2012, 05:18:36 PM |
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...
Also I'm throwing my ipad into the company, to add a little more value to the assets. lol
...
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RandomQ (OP)
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June 03, 2012, 07:54:07 PM |
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Going to start selling shares every Sunday to the highest bidder. First sale will only be 1 share out of 2 issued. So the lucky bidder will get 50% of this dividend payment.
Strange way of doing it. It will still start on August? Nope First share is going to be sold today(sunday) Next week most likely 8 shares are going to be sold. and slowly ramp up the number of shares each week
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EskimoBob
Legendary
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Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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June 03, 2012, 07:54:31 PM |
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...
Also I'm throwing my ipad into the company, to add a little more value to the assets. lol
...
How did I miss that one!? I even searched for a "pad"
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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rdponticelli
Sr. Member
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Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
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June 03, 2012, 08:39:21 PM |
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Going to start selling shares every Sunday to the highest bidder. First sale will only be 1 share out of 2 issued. So the lucky bidder will get 50% of this dividend payment.
Strange way of doing it. It will still start on August? Nope First share is going to be sold today(sunday) Next week most likely 8 shares are going to be sold. and slowly ramp up the number of shares each week At what time?
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RandomQ (OP)
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June 03, 2012, 11:11:14 PM |
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Going to start selling shares every Sunday to the highest bidder. First sale will only be 1 share out of 2 issued. So the lucky bidder will get 50% of this dividend payment.
Strange way of doing it. It will still start on August? Nope First share is going to be sold today(sunday) Next week most likely 8 shares are going to be sold. and slowly ramp up the number of shares each week At what time? Sunday (22:00 UTC-8) or Monday(01:00 GLBSE TIME)
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RandomQ (OP)
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June 04, 2012, 05:11:42 AM |
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6/03/2012 Total Mining Payout this week : 4.35 BTC With 1.3 BTC going to the dividend fund for next week. With 2.17 BTC going to the Growth Fund. With .43 BTC going to the operating Fund. 2 Shares issued Total with 1 going to a lucky buyer (not me) Dividend payment 0.605 per share Shares to be sold next sunday ( to the highest bidder Sunday (22:00 UTC-8) or Monday(01:00 GLBSE TIME)
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PsychoticBoy
Donator
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Activity: 1890
Merit: 1010
Parental Advisory Explicit Content
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June 04, 2012, 10:10:10 AM Last edit: June 04, 2012, 10:20:33 AM by PsychoticBoy |
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In earlier post you said shares will be sold @ 0.01 and in a PM to me you said: but first to the highest bidder. Isn`t 0.36 for your first share sale unfair? Or are they definitely worth it?
Greetz
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RandomQ (OP)
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June 04, 2012, 10:33:19 AM |
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In earlier post you said shares will be sold @ 0.01 and in a PM to me you said: but first to the highest bidder. Isn`t 0.36 for your first share sale unfair? Or are they definitely worth it?
How much dividend are you planning to pay? approx
Greetz
They are being sold to the highest bidder. First share sold for .36 and first dividend was .605 so 160% return on investment in one day for that share holder. The market is setting the price on these shares not me. Next week the dividend should be a ~ .07 per share With a total of 18 shares issued.
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PsychoticBoy
Donator
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Activity: 1890
Merit: 1010
Parental Advisory Explicit Content
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June 04, 2012, 10:53:49 AM |
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Ok thanks for the information.
It`s more clear to me now.
Greetz
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RandomQ (OP)
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June 08, 2012, 07:30:05 PM |
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RandomQ (OP)
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June 11, 2012, 05:10:19 AM Last edit: June 11, 2012, 06:44:21 PM by RandomQ |
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Weekly mining payout 4.37 2.18 to Growth Fund 1.74 to dividend fund .43 to operation fund
Weekly Pool Luck 91%
Dividend per share 0.06444444
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RandomQ (OP)
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June 11, 2012, 06:46:49 PM |
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I just created 6 new motions today. 5 expire in 24 hours, the last expires in 48 hours.
They ask to sell 100 shares at a set price that ranges from .10 - .50 per share.
The last motion is asking to spend 60 USD to buy a motherboard for a new mining rig.
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rdponticelli
Sr. Member
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Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
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June 12, 2012, 02:17:42 PM |
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I just created 6 new motions today. 5 expire in 24 hours, the last expires in 48 hours.
They ask to sell 100 shares at a set price that ranges from .10 - .50 per share.
The last motion is asking to spend 60 USD to buy a motherboard for a new mining rig.
I would go for selling @0.5, not to dilute the value of shares already sold, and to raise some capital useful to expand the operation. And obviously, I support buying the motherboard.
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RandomQ (OP)
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June 12, 2012, 10:29:46 PM |
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Our New P2Pool Server Hosted In California Datacenter. Been testing this for around 2 weeks so far, so far it looking pretty good. Please Note I did put a 1% fee to try to cover server cost. http://p2pool.greenbtc.com:9332/static/FYI: I'm currently paying for this out of my own pocket.
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