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Author Topic: A Bitcoin Mining Company - SkepsiDyne Integrated Node  (Read 10989 times)
Amechan
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May 25, 2011, 02:16:19 PM
 #41

Indeed. I would buy more stock but I am not going to risk any more money without SOME proof. If I loose $10 I am not sad but despite logging in a few times in the last few days he has not responded to my PM nor to the other shareholders questions.

No confidence is bad for business indeed.

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May 25, 2011, 07:04:28 PM
 #42

Dishwara is doing a reasonable job with the same type of business (at least he has something up and running). Some info would be nice, especially when things are not up and running yet.
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May 25, 2011, 07:42:03 PM
 #43

I got a reply to my PM.
Seems updates are on the way.

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sanchaz
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May 25, 2011, 07:47:54 PM
 #44

I got a reply to my PM.
Seems updates are on the way.

I can confirm.
I got one too.

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Tawsix
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May 25, 2011, 10:48:34 PM
 #45

Update: The components for the rigs will be arriving on schedule tomorrow.  Once they arrive I will assemble them and get them up and running as quickly as possible.  Over the last few days I have been preparing for the units to arrive, so all infrastructure is already in place.

As outlined in the last vote concerning the price of unsold shares, there is another motion up which reads as follows:

Vote Start:   Wednesday May 25, 2011
Vote End:      Friday May 27, 2011
Vote Num:   000002
Vote issue:   Reissuing and repricing unsold shares

This vote is being held to determine the shareholders' opinions
on the matter of reissuing and repricing current unsold shares
from 1 BTC/share to 1.25 BTC/share.  These shares would be
offered until June 1, 2011, at which point another vote would
be taken on reissuing and repricing.  The purpose of this is
to reward early investors for their greater risks as well as
raise funds quicker once the reputation and legitimacy of the
business is solidified.

A vote in favor (yes) will support a reissuing and repricing
of unsold shares to 1.25 BTC/share.

A vote against (no) will support a continuation of current
pricing of the shares until June 1, 2011, at which point
another vote will be taken.


After the rigs are up and running, I will link to the account on the pool the miners are pointed to.

sanchaz
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May 25, 2011, 11:11:09 PM
 #46

You did mention any machine specs.

As for the chosen pool, for the machines to operate on, could a motion used to choose the pool?

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Tawsix
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May 25, 2011, 11:29:58 PM
 #47

You did mention any machine specs.

As for the chosen pool, for the machines to operate on, could a motion used to choose the pool?

Each rig will be running 3 HD5850s, AMD Sempron processor, 1 GB ram, and Ubuntu 11.04.

The rigs will be mining in the bitcoinpool.com pool.

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May 25, 2011, 11:34:57 PM
 #48

This vote is being held to determine the shareholders' opinions
on the matter of reissuing and repricing current unsold shares
from 1 BTC/share to 1.25 BTC/share.

Does this also increase your dept towards the company (aka. "the other 4000 shares") or do you still plan to pay 0.75 BTC for these over time?

I will vote "nay" on my share(s), since currently a lot of offers are below your price (some even below the initial 75 Bitcents). Until these are sold, no money will come in to the company. I guess after the first rigs were assembled and you publish a nice (indoor) picture of that a few more ppl. might be interested in investing.

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Tawsix
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May 25, 2011, 11:48:35 PM
 #49

This vote is being held to determine the shareholders' opinions
on the matter of reissuing and repricing current unsold shares
from 1 BTC/share to 1.25 BTC/share.

Does this also increase your dept towards the company (aka. "the other 4000 shares") or do you still plan to pay 0.75 BTC for these over time?

I will vote "nay" on my share(s), since currently a lot of offers are below your price (some even below the initial 75 Bitcents). Until these are sold, no money will come in to the company. I guess after the first rigs were assembled and you publish a nice (indoor) picture of that a few more ppl. might be interested in investing.

I will be paying back my shares at .75 BTC / share regardless of the price of the shares being sold.

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May 26, 2011, 11:02:31 PM
 #50

Update: All components have been delivered.  Once we have the machines up and running, I'll be posting pictures and a link to the pooled miner account.  This post is from the template computer while Ubuntu builds itself up!

Gui_0
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May 26, 2011, 11:09:24 PM
 #51

Awesome! When does the vote for the price increase expire / when do we have to vote by?
Tawsix
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May 27, 2011, 12:41:27 AM
 #52

Awesome! When does the vote for the price increase expire / when do we have to vote by?

It expires tonight at midnight.

sanchaz
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May 27, 2011, 01:05:44 AM
 #53

Update: All components have been delivered.  Once we have the machines up and running, I'll be posting pictures and a link to the pooled miner account.  This post is from the template computer while Ubuntu builds itself up!

Great good to know. Smiley

Will you be overclocking?

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Tawsix
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May 27, 2011, 06:55:40 AM
 #54

Update: The first rig is set up and is currently mining at btcmine.com  We'll have the other 4 rigs up tomorrow.  The stats on the first rig can be downloaded here: http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e/ .

Once again, thank you to all of the people who have invested!

The vote to reissue and reprice the stocks that have so far gone unsold is 430 yes, 498 no, so we will not be changing the pricing.

Update: All components have been delivered.  Once we have the machines up and running, I'll be posting pictures and a link to the pooled miner account.  This post is from the template computer while Ubuntu builds itself up!

Great good to know. Smiley

Will you be overclocking?

Yes, as well as testing different miners and different arguments.

handburger
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May 29, 2011, 06:35:02 PM
 #55

Update: The first rig is set up and is currently mining at btcmine.com  We'll have the other 4 rigs up tomorrow.  The stats on the first rig can be downloaded here: http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e/ .

Once again, thank you to all of the people who have invested!

The vote to reissue and reprice the stocks that have so far gone unsold is 430 yes, 498 no, so we will not be changing the pricing.

Update: All components have been delivered.  Once we have the machines up and running, I'll be posting pictures and a link to the pooled miner account.  This post is from the template computer while Ubuntu builds itself up!

Great good to know. Smiley

Will you be overclocking?

Yes, as well as testing different miners and different arguments.

What hashrate are you seeing?
LehmanSister
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May 31, 2011, 12:46:15 AM
 #56

What hashrate are you seeing?

I'm currently seeing:

"total_payout": "3.90",
"total_bounty": "0.83973661",
"confirmed_bounty": "0.00459335",
"solved_blocks": 1,
"online_status": true,
"estimated_bounty": "0.22935040",
"round_shares": 1254,
"unconfirmed_bounty": "0.83514326",
"hashrate": "1651.91",
"solved_shares": 44491


Which is great. Excited to see more. A collection URLs of where things are running when more then one mining machine is up would be great for my stats.

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Vasili Sviridov
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May 31, 2011, 12:48:15 AM
 #57

What hashrate are you seeing?

I'm currently seeing:

"total_payout": "3.90",
"total_bounty": "0.83973661",
"confirmed_bounty": "0.00459335",
"solved_blocks": 1,
"online_status": true,
"estimated_bounty": "0.22935040",
"round_shares": 1254,
"unconfirmed_bounty": "0.83514326",
"hashrate": "1651.91",
"solved_shares": 44491


Which is great. Excited to see more. A collection URLs of where things are running when more then one mining machine is up would be great for my stats.

Huh? Are you and Tawsix the same person?

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May 31, 2011, 12:51:14 AM
 #58

Update: The first rig is set up and is currently mining at btcmine.com  We'll have the other 4 rigs up tomorrow.  The stats on the first rig can be downloaded here: http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e/ .

I highly suggest you research Eligius.  Their payout system is far more intelligent and secure, rather than trusting the pool operator of btcmine.  They offer more transparency, which will cause a greater confidence in your business proposal.

Also, may I buy one share? Cheesy

Against my better judgement... 1ADjszXMSRuAUjyy3ShFRy54SyRVrNDgDc
sanchaz
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May 31, 2011, 01:15:36 AM
 #59

Update: The first rig is set up and is currently mining at btcmine.com  We'll have the other 4 rigs up tomorrow.  The stats on the first rig can be downloaded here: http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e/ .

I highly suggest you research Eligius.  Their payout system is far more intelligent and secure, rather than trusting the pool operator of btcmine.  They offer more transparency, which will cause a greater confidence in your business proposal.

Also, may I buy one share? Cheesy

Why not point each rig to a different pool, that way if btcmine is having a bad day, less blocks solved. Not all the machines have a bad day.
Say point one to btcmine, another to eligius, another to bitcoinpool and so on.

How and when will payments be made? (i suppose at the end of each month?)

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Tawsix
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May 31, 2011, 03:05:08 AM
 #60

Update: Four machines are currently up and running.  The fifth rig is not currently running due to the aforementioned DOA PSU.  The replacement part has been ordered.  The next round of rigs are scheduled to be ordered within the next few days.

What hashrate are you seeing?

I'm currently seeing:

"total_payout": "3.90",
"total_bounty": "0.83973661",
"confirmed_bounty": "0.00459335",
"solved_blocks": 1,
"online_status": true,
"estimated_bounty": "0.22935040",
"round_shares": 1254,
"unconfirmed_bounty": "0.83514326",
"hashrate": "1651.91",
"solved_shares": 44491


Which is great. Excited to see more. A collection URLs of where things are running when more then one mining machine is up would be great for my stats.

Huh? Are you and Tawsix the same person?

No, although I commend that person for the witty name.

Update: The first rig is set up and is currently mining at btcmine.com  We'll have the other 4 rigs up tomorrow.  The stats on the first rig can be downloaded here: http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e/ .

I highly suggest you research Eligius.  Their payout system is far more intelligent and secure, rather than trusting the pool operator of btcmine.  They offer more transparency, which will cause a greater confidence in your business proposal.

Also, may I buy one share? Cheesy

Why not point each rig to a different pool, that way if btcmine is having a bad day, less blocks solved. Not all the machines have a bad day.
Say point one to btcmine, another to eligius, another to bitcoinpool and so on.

Currently the main objective is to get all the rigs up and running at optimal speeds.  Once the rigs are up and running, we'll be looking into various avenues as far as pools go.

How and when will payments be made? (i suppose at the end of each month?)

Dividends will be paid out monthly at the least.

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