Re: Looking for purchases & trades (GLBSE)

Summary

RSM

2,600 shares 1,850 sold - Paid for two 40GH/s ASIC and selling shares for our third. Issued 550 shares at BTC0.30 to purchase our third ASIC to takes us to 120GH/s over 2600 shares which is 46MH/s a share or 1GH/s for BTC6.50 The costs works of buying shares (BTC0.30) works much cheaper than buying your own Jalapeño ASIC but having someone else run it for you. So if you want to get involved in bitcoin mining and don't have a large amount of cash to purchase an ASIC or you just want someone else to run it all for you and just receive the profits then micro-investing in RSM is for you.

Total hardware and wallet assets = ~$2,723+~BTC35.992 | Total shares distributed 1954

GLBSE page - https://glbse.com/asset/view/RSM

CoinConnect Social Network Group - http://www.coinconnect.org/groups/profile/13713/red-star-mining

RSM blog - http://redstarmining.blogspot.co.uk/

Accounts Spreadsheet - https://docs.google.com/spreadsheet/ccc?key=0Ap02rO_j4NLvdDB2cFRTS0ctVGRHRE5yQ2RfNUZFcUE#gid=0

We have 600 shares that need shifting to pre-order our third ASIC. This will take us to 120GH/s@2600 shares or >46MH/s@BTC0.30 or 1GH/s for BTC6.50. Which is I think the best offer by any mining company on the GLBSE post ASIC. We plan on saving between 90% - 50% of profits to purchase more ASIC's and the rest in a weekly dividend. The final amount is still to be decided by possible motion if we can't get a clear consensus from investors. Someone currently has 74 shares on offer BTC0.00001 below our offer. We have been in operation since February and I know Nefrio personally. We have over $2,723 of hardware assets and a BTC35.992 wallet behind our current ~1900 shares sold. With RSM you own a share of all the hardware and profits that go with it. Thanks.

I'm afraid with BTC-MINING, it's 300 mhash/BTC or 3.33 BTC per ghash, nearly half your current pricing. The admin fees over equipment purchase price is a mere 10%. I currently run it as a copurchase, along with BTC-BOND which is a personal loan to me with fixed interest being paid. For any Butterfly Labs equipment investment, I would mostly use BTC-MINING.

OK I didn't know you ran BTC-MINING but that (300MH/s)/BTC relies on you rising the funds to purchase three ASIC mini-rigs when you haven't even ordered one yet. While RSM has paid for two 40GH/s ASIC's and is already paid for 80GH/s taking us to over 41MH/s@BTC0.30 and are now rising funds for our third ASIC to go to over 46MH/s@BTC0.30