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Author Topic: PAJKA.BOND - 100% PPS 15Mhash mining bond  (Read 22710 times)
xkrikl
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January 31, 2013, 09:43:19 PM
 #41

I'm still missing an answer from 3 people but anyway I'll pay out the accumulated dividend since the GLBSE closure tomorrow which amouts to 0.009984962 BTC per bond.
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xkrikl
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February 01, 2013, 09:06:04 PM
 #42

The dividend of 0.00998496 BTC/share accumulated since GLBSE closure was sent out today.
I'll continue with daily payments.
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February 28, 2013, 05:28:04 PM
 #43

I'll be travelling this weekend.
As the dividend paid on Saturday will probably depend on new difficulty I don't want to schedule it.
So it might be paid a bit later than usual.
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March 02, 2013, 09:08:27 PM
 #44

Dividend paid 5 minutes late.
Future dividends should be on time again.
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March 11, 2013, 10:34:45 AM
 #45

You all know that I didn't want lower the IPO price to match market price to get the IPO done.
The reason was that it would be unfair and it would damage early adopters.

Now when the ASICs are becoming available it's time to finish the IPO and reward early investors!
To get that accpomplished I decided to dedicated 500 shares of ASICMINER of my own to it.
Right now one ASICMINER share represents approx. 15Mhash/s so for 5000 bonds it means 1.5Mhash/s per bond.
Thus I'm offering free upgrade to 1.5Mhash/s and I've posted a motion on BTCT.CO so that the contract can be updated.
As soon as the motion is closed I'll ask Burside to update the contract based on it.
As soon as the contract on BTCT.CO is updated I'll start paying the higher dividends.
I'll consider further upgrade when ASICMINER will have the full 12TH/s online.
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March 12, 2013, 11:58:59 AM
 #46

I got a PM with a question: What is the expected rate after the ASICs are delivered?

15Mhash/s per share if they run up to spec. Anyway I can promise that it will be in 10-15Mhash/s range per share.
And it will be free upgrade.
You can compare for example with JAH where you pay 0.3BTC now and 0.12BTC for upgrade later to get 25Mhash/s ... so approx. 0.4BTC/25mhash/s
With PAJKA.BOND you can have the same approx. 25mhash/s just for 2*0.1=0.2BTC ... so twice cheaper!
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March 14, 2013, 08:21:19 AM
 #47

I see less interest than expected ... but finally we made it over 50% of votes on the motion.
After this one finishes I'll put up another to put the future "upgrades" into contract to make them binding as well.
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March 14, 2013, 08:37:40 AM
 #48

Will you add this weeks ASICMiner dividends to the PAJKA.BOND dividends or starting from next week?

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March 14, 2013, 07:35:29 PM
 #49

The motion will pass so I'll ask burnside to update the contract and the dividend for Friday (00:00 to 23:59 UTC) which is paid on Saturday 21:00 UTC will be already for 1.5mhash/s.
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March 14, 2013, 09:17:03 PM
 #50

Contract updated.

Cheers.

I'm not a Coinbase fan -- I placed a buy order, they took the funds out of my account, then a week later the price went up and they canceled the buy and closed my account.  You've been warned.  Use a different exchange.
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March 15, 2013, 09:14:57 AM
 #51

Thanks, Burnside, that was fast!
xkrikl
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March 17, 2013, 07:03:30 PM
 #52

The first 1.5Mhash/s dividend was paid. Enjoy!
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March 18, 2013, 11:42:23 AM
 #53

The promised motion for the addition of the future free upgrades up to 15Mhash/s per bond to the contract was prepared.
You can vote 2013-03-19 00:00:00 (GMT) till 2013-03-25 00:00:00 (GMT).
strello
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March 18, 2013, 02:03:17 PM
 #54

In the new proposed contract it still says 1.5 MH/s  Shocked

It is futile to speak of liberty as long as economic slavery exists.

My GPG key
strello
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March 18, 2013, 02:09:50 PM
 #55

What ASICs do you have on order, and do you have any idea when you might receive them?

It is futile to speak of liberty as long as economic slavery exists.

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xkrikl
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March 20, 2013, 06:59:10 AM
 #56

In the new proposed contract it still says 1.5 MH/s  Shocked
Yes, it does.
The new proposed change only makes the future upgrades part of the contract so that I cannot change my mind about them in the future.

What ASICs do you have on order, and do you have any idea when you might receive them?
BFL. I don't know. I hope this summer. ;-)
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March 20, 2013, 07:32:56 AM
 #57

Good luck with BFL. Smiley

Great job with the bond otherwise though!

https://bitcointalk.org/index.php?topic=130982.msg1401799#msg1401799 - [BTC-TC]bASIC-MINING
http://forum.litecoin.net/index.php/topic,886.0.html - [LTC-GLOBAL]LTC-DMF
http://forum.litecoin.net/index.php/topic,817.msg3279.html#msg3279 - [CRYPTOSTOCKS]AGLTC

BTC: 1Hfp99tugY4H5FYEoM3hj4JDLzShzZ9ifB

You have zero chance of changing others and only a slim chance at changing yourself. Be the change you want to see and others may follow.
xkrikl
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March 25, 2013, 08:44:13 PM
 #58

The promised motion for the addition of the future free upgrades up to 15Mhash/s per bond to the contract was prepared.
You can vote 2013-03-19 00:00:00 (GMT) till 2013-03-25 00:00:00 (GMT).

Motion passed and PAJKA.BOND contract on BTCT.CO was updated.
gog1
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March 30, 2013, 08:44:59 PM
 #59

When was the order with BFL placed?  This is important as BFL will shipped in first-in-first-out fashion rather than Avalon's seemingly random shipping order.
xkrikl
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April 02, 2013, 08:46:07 PM
 #60

I ordered when BFL announced that they have tested that the chips they received from foundry are ok.
I don't remember exactly ... but I think it was end of February / beginning of March.
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