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Re: SkepsiDyne Integrated Node - A Bitcoin Mining Company
by
bing
on 15/05/2011, 14:50:10 UTC
Sukrim, that's a great idea for an asset contract, would work great on the exchange.
Yeah, I hope someone picks that up...

Investing in a whole business and having theoretical voting rights there etc. is not interesting anyways for me at least, if I'm just interested in a mini-mining contract (which in the end of the day the SIN stocks are). I don't even want to go through hassles on voting on motions or waiting 30 days for the next dividend. My few daily millibitcents for my .50 BTC share would be much cooler - and also the shares would be far more attractive to others and might shoot up in price very quickly.

A clever miner would even first hand out just a few % of shares of an existing rig, wait until they are sold out and under great demand and then slowly release the rest of the shares until the desired grade of distribution netting (now in the startup days) probably ENORMOUS profits! Smiley

Edit:
I'm even thinking of doing that myself, however my ~280MH/s machine is a bit too weak for that and operating a proper 24/7 rig is currently not in my focus (as it would need to be silent --> watercooled which drives prices up).

+1

I wan't to be able to manage my bitcoins in a similar way of what I'm doing with my non-virtual currency.
Since 7 years back, I've been feeding my money making machine and making a very good return from it, the basic idea is to put all my money to work.
With you suggestion this makes this possible. Smiley