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Author Topic: [GLBSE] Paladon Green Mining [PGM] (including ASIC upgrade) (no bond!)  (Read 4133 times)
paladon
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August 13, 2012, 05:14:42 PM
 #21

Update:

Verification by GLBSE has been done.

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paladon
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August 17, 2012, 02:31:34 PM
 #22

Update:

Mining going steady. Still some shares left. Sunday next dividend payment.

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August 19, 2012, 08:50:29 PM
 #23

Weekly dividends paid!

Total paid 0.8862422 BTC
Total shares 422.
Payment per share 0.0021001 BTC


There are still some shares for sale.

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August 26, 2012, 12:17:54 PM
 #24

Weekly dividends paid!

Total paid 0.8594091 BTC
Total shares 423.
Payment per share 0.0020317 BTC

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September 02, 2012, 12:33:39 PM
 #25

Weekly dividends paid!

Total paid 0.8297037 BTC
Total shares 427.
Payment per share 0.0019431 BTC

paladon
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September 09, 2012, 09:35:21 AM
 #26

Weekly dividends paid!

Total paid 0.7819651 BTC
Total shares 427.
Payment per share 0.0018313 BTC

paladon
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September 16, 2012, 10:23:14 AM
 #27

Weekly dividends paid!

Total paid 0.7214165 BTC
Total shares 427
Payment per share 0.0016895 BTC

paladon
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September 23, 2012, 02:59:05 PM
 #28

Weekly dividends paid!

Total paid 0.7115955 BTC
Total shares 427
Payment per share 0.0016665 BTC

paladon
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September 30, 2012, 04:39:10 PM
 #29

Weekly dividends paid!

Total paid 0.6692371 BTC
Total shares 427
Payment per share 0.0015673 BTC

Jurek
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October 03, 2012, 12:58:40 PM
 #30

Paladon it looks like you should do a litte update Smiley

Are you going to set up these solar panels? Have you decided on the new expenses %?
BFL says they will deliver 60, not 40 GH/s, so you should adjust your % at least accordingly.

PSYCHOTICBOY IS A THIEF AND A SCAMMER BE WARNED!
https://bitcointalk.org/index.php?topic=129941
paladon
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October 03, 2012, 01:44:14 PM
 #31

Paladon it looks like you should do a litte update Smiley

Are you going to set up these solar panels? Have you decided on the new expenses %?
BFL says they will deliver 60, not 40 GH/s, so you should adjust your % at least accordingly.

True thanks for asking  Smiley

At the moment I will keep the expenses % at 25%. Because of the change of the difficulty (and decrease of the bitcoin output) this % will need to increase in the future. But at the moment I will not do that and pay ~75% of the output. I have looked into the solar panels and at the moment it has a payback time of about 8-10 years. This is not very bad, but the investment decision is not made yet.

True BFL now says that the upgrade is 60Ghz. Of course if the upgrade is producing this output the expenses% will change and I will make a new calculation of the expenses %. It that time I will need the definitive  power specifications of the Single 'SC'.

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October 03, 2012, 02:13:44 PM
 #32

Well we will see about the 'decrease of the bitcoin output' when ASICs start showing up. Why are you so confident about it? I was under the impression that with ASICs even when reward halves everything will stay about the same (for these who upgrade).

PSYCHOTICBOY IS A THIEF AND A SCAMMER BE WARNED!
https://bitcointalk.org/index.php?topic=129941
paladon
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October 03, 2012, 04:09:10 PM
 #33

Well we will see about the 'decrease of the bitcoin output' when ASICs start showing up. Why are you so confident about it? I was under the impression that with ASICs even when reward halves everything will stay about the same (for these who upgrade).

Yes true. I mean at the moment the bitcoin output is decreasing. Of course when the ASIC upgrade comes the output is increasing I hope.

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October 06, 2012, 08:29:14 AM
 #34

What happens now? Are you offering buyback?

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https://bitcointalk.org/index.php?topic=129941
paladon
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October 06, 2012, 02:03:50 PM
 #35

What happens now? Are you offering buyback?

Waiting for more information from Nefario. As soon as I know who has how many shares and I have a pay-out adress I can continue paying weekly dividend.

Jurek
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October 06, 2012, 06:03:38 PM
 #36

You want to continue operating directly, without GLBSE? Are you aware that this makes all of your shareholders basically stuck with this investment indefinitely? How do you see it, how it's gonna be? Our money invested with you will be stuck, while the shares will continue to drop value with time, and you at the same time will continue to profit. Please reconsider your plans as the way you want to do it would be practically robbing us, there is a huge difference between buying and managing a share on stock market and doing it directly, on the forums...


PSYCHOTICBOY IS A THIEF AND A SCAMMER BE WARNED!
https://bitcointalk.org/index.php?topic=129941
DutchBrat
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October 06, 2012, 10:25:12 PM
 #37

You want to continue operating directly, without GLBSE? Are you aware that this makes all of your shareholders basically stuck with this investment indefinitely? How do you see it, how it's gonna be? Our money invested with you will be stuck, while the shares will continue to drop value with time, and you at the same time will continue to profit. Please reconsider your plans as the way you want to do it would be practically robbing us, there is a huge difference between buying and managing a share on stock market and doing it directly, on the forums...



Some of the assets the fund invested in may choose not to honor their contracts or they may choose not to get identified toNefario.... They will be wortjless,whereas other investments might not list on another exchange

So how do you propose they do a buyback ?

Going to take a lot of time to figure out what the next step will be....

Edit: sorry, late at night and posted in the wrong thread
Jurek
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October 06, 2012, 10:56:03 PM
 #38

What fund are you talking about Huh Paladon Green Mining is a mining company, not a fund. We, as shareholders, are coowners of Paladon's ASIC. We have to have a way to withdraw as we won't be able to TRADE our shares, which is VITAL to any investment made on stock market.

PSYCHOTICBOY IS A THIEF AND A SCAMMER BE WARNED!
https://bitcointalk.org/index.php?topic=129941
RandomQ
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October 06, 2012, 11:03:27 PM
 #39

You want to continue operating directly, without GLBSE? Are you aware that this makes all of your shareholders basically stuck with this investment indefinitely? How do you see it, how it's gonna be? Our money invested with you will be stuck, while the shares will continue to drop value with time, and you at the same time will continue to profit. Please reconsider your plans as the way you want to do it would be practically robbing us, there is a huge difference between buying and managing a share on stock market and doing it directly, on the forums...



Some of the assets the fund invested in may choose not to honor their contracts or they may choose not to get identified toNefario.... They will be wortjless,whereas other investments might not list on another exchange

So how do you propose they do a buyback ?

Going to take a lot of time to figure out what the next step will be....

Are you saying that you had PGM's BTC invested in assets on GLBSE?
paladon
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October 07, 2012, 09:12:33 AM
 #40

No PGM didn't invested in assets in GLBSE, PGM's hardware is still live and generating BTC. I only had a small change of the latest dividend payment (<0.1btc) in GLBSE when it went offline. I guess DutchBrat is talking about FDBF but that is a different operation.

@Jurek: Of course I will look in all possible means to let PGM go to a new trading system. But at the moment we have first to get more information of GLBSE and the way the shutdown goes.

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