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vortex1878
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August 28, 2014, 02:56:31 PM |
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i was there.i asked and he answered.
What did you ask, and what was his answer then, please? |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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szmarco
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August 28, 2014, 03:02:01 PM |
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Q:When will the dividend resume?
A:august hopefully.After recovering the negtive figures.
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dhenson
Legendary
 Offline
Activity: 994
Merit: 1000
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August 28, 2014, 03:07:35 PM |
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I think its safe to expect multiple deposits before a dividend well be payed out. Self mining, hardware sales, franchising all could show up in the div address separately.
For all we know, that could simply be one franchisee.
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finlof
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August 28, 2014, 03:20:53 PM |
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I think its safe to expect multiple deposits before a dividend well be payed out. Self mining, hardware sales, franchising all could show up in the div address separately.
For all we know, that could simply be one franchisee.
that's the original ASICMiner address, which historically was only used by ASICMiner, not franchisees. also if you click and follow the coins you will see they all came from BTCGuild. EDIT - for clarification - as of the last time dividends were paid (and for always if i remember correctly) the mining wallet address was https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i, the dividend address was https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF. |
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101111
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August 28, 2014, 03:28:10 PM |
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This thread has become fascinating reading .. like part of a movie script or something!
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rudi
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August 28, 2014, 03:29:43 PM |
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Q:When will the dividend resume?
A:august hopefully.After recovering the negtive figures.
Thanks! |
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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August 28, 2014, 03:54:12 PM |
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I think its safe to expect multiple deposits before a dividend well be payed out. Self mining, hardware sales, franchising all could show up in the div address separately.
For all we know, that could simply be one franchisee.
that's the original ASICMiner address, which historically was only used by ASICMiner, not franchisees. also if you click and follow the coins you will see they all came from BTCGuild. EDIT - for clarification - as of the last time dividends were paid (and for always if i remember correctly) the mining wallet address was https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i, the dividend address was https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF. Thank you, great info. That means that the deposit was simply a gen 1 (assumed) btcguild mining withdrawal and likely not the signal of imminent dividends as was proposed. |
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rudi
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August 28, 2014, 04:11:04 PM |
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GHash.io's network share keeps falling.
Any news that I missed?
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finlof
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August 28, 2014, 04:17:36 PM |
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I think its safe to expect multiple deposits before a dividend well be payed out. Self mining, hardware sales, franchising all could show up in the div address separately.
For all we know, that could simply be one franchisee.
that's the original ASICMiner address, which historically was only used by ASICMiner, not franchisees. also if you click and follow the coins you will see they all came from BTCGuild. EDIT - for clarification - as of the last time dividends were paid (and for always if i remember correctly) the mining wallet address was https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i, the dividend address was https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF. Thank you, great info. That means that the deposit was simply a gen 1 (assumed) btcguild mining withdrawal and likely not the signal of imminent dividends as was proposed. well i dont know how long they have been mining at btcguild with ~273TH under their old user 67117 ( https://www.btcguild.com/index.php?page=rankings) but it would take less than 10 days to accumulate 50 btc at current difficulty. so i wouldnt assume gen 1. |
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rudi
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August 28, 2014, 04:33:14 PM |
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I think its safe to expect multiple deposits before a dividend well be payed out. Self mining, hardware sales, franchising all could show up in the div address separately.
For all we know, that could simply be one franchisee.
that's the original ASICMiner address, which historically was only used by ASICMiner, not franchisees. also if you click and follow the coins you will see they all came from BTCGuild. EDIT - for clarification - as of the last time dividends were paid (and for always if i remember correctly) the mining wallet address was https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i, the dividend address was https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF. Thank you, great info. That means that the deposit was simply a gen 1 (assumed) btcguild mining withdrawal and likely not the signal of imminent dividends as was proposed. well i dont know how long they have been mining at btcguild with ~273TH under their old user 67117 ( https://www.btcguild.com/index.php?page=rankings) but it would take less than 10 days to accumulate 50 btc at current difficulty. so i wouldnt assume gen 1. Gen 1 was switched off long ago. And I think it's unlikely that they hat 50btc lying around at BTCGuild and only now decided to withdaw that money. |
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rudi
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August 28, 2014, 04:34:59 PM |
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JstnPwll
Member
Offline
Activity: 92
Merit: 10
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August 28, 2014, 04:45:38 PM |
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Shareholders be lurking like:  Full disclosure: I am a shareholder. |
Developer, entrepreneur, idea-seeker.
BTC: 14MP75VG3Nf53pSEjowmA9gVPVvEvNpabz
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Chris_Sabian
Legendary
Offline
Activity: 896
Merit: 1001
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August 28, 2014, 05:04:57 PM |
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I think its safe to expect multiple deposits before a dividend well be payed out. Self mining, hardware sales, franchising all could show up in the div address separately.
For all we know, that could simply be one franchisee.
that's the original ASICMiner address, which historically was only used by ASICMiner, not franchisees. also if you click and follow the coins you will see they all came from BTCGuild. EDIT - for clarification - as of the last time dividends were paid (and for always if i remember correctly) the mining wallet address was https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i, the dividend address was https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF. Thank you, great info. That means that the deposit was simply a gen 1 (assumed) btcguild mining withdrawal and likely not the signal of imminent dividends as was proposed. Gen 1 was turned off in ~April because FC said it wasn't worth it to mine with anymore. |
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finlof
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August 28, 2014, 05:29:42 PM
Last edit: August 28, 2014, 06:51:24 PM by finlof |
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GHash.io's network share keeps falling.
Any news that I missed?
could also be because they are pissing people off (like one of their biggest customers cryptx) - https://bitcointalk.org/index.php?topic=627111.560 |
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xhomerx10
Legendary
Offline
Activity: 3822
Merit: 7962
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August 28, 2014, 10:48:07 PM |
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Shareholders be lurking like: Full disclosure: I am a shareholder. Come on! Full disclosure - that IS you! |
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electerium
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August 28, 2014, 10:57:30 PM |
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Obviously no docs until positive cash flow. If friedcat thought it could be august and it isn't, then hes obviously either missed on sales or mining deployment (or both)
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Whtwabbit
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August 28, 2014, 11:42:56 PM |
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Obviously no docs until positive cash flow. If friedcat thought it could be august and it isn't, then hes obviously either missed on sales or mining deployment (or both)
Plus BTC vs $USD dropped dramatically not long after he made that statement about divs "hopefully August" |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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CoinBomb
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August 29, 2014, 05:35:50 AM |
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Friedcat now needs to stop missing deadlines now...
Instead of 'hopefully divs in August' it would be better to say 'the cash position is now x'
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Promote our site for no risk BTC / LTC profit! 1% gross profit, LTC/BTC payments weekly. Click through for more details. |
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jjdub7
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August 29, 2014, 05:40:56 AM |
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Obviously no docs until positive cash flow. If friedcat thought it could be august and it isn't, then hes obviously either missed on sales or mining deployment (or both)
Plus BTC vs $USD dropped dramatically not long after he made that statement about divs "hopefully August" Considering that the company was cashflow positive in USD even after the chip costs, this is a good thing for BTC-denominated divs... |
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