Reposted.
This was the old contract:
Hello fellow bitcoiners,
Off the back of the glbse 2.0 release and with a soon to be influx of mining equipment, I am proud to release the first and ONLY 5Mh/s perpetual mining bond.
Introduction:
Mining assets are becoming extremely common on the GLBSE. We have companies that offer ownership of hardware, bonds that correlate to actual hash rate. But overall nothing too exciting, too large, or too profitable.
Until now.
Introducing Gigamining! http://gigamining.com/
The ONLY 5Mh/s perpetual mining bond.
The first bond to offer more than 2 Mh/s per bond, and run by a name you know has the hashes to back it up.
Summary:
There will be a total of 10,000 bonds issued, with each bond worth a massive 5 Mh/s.
During the initial offering of 1000 bonds the 500 bonds remaining will be sold on 4/10/2012, they will be sold for a cheap 1 BTC. All maintenance free.
Bulk pre-sales of 100 or more units can be made at the 1 BTC price BEFORE the IPO on 4/10. PM me to get started.
Each bond will pay 100% of PPS earnings every 7 days.
The bond will never expire.
I reserve the option to repurchase bonds at 105% of the highest traded price over the last 15 days.
About Me
Most of you know who I am, most of you know I have the ability to deliver this kind of power. I'm not going anywhere any time soon, so trust that your coin is safe, and doing its best work for you, here. If you have any questions, ask them in the thread.
Where is 50Gh going to come from?
- I currently run 33Gh in GPUs (undervolted and underclocked to 26.5Gh for the summer)
- I also run 11 Butterfly Labs singles @ 9.1Gh
- Soon 4 mini rig boxes will arrive with a total of 100Gh of mining capacity.
You can see the farm mining at anytime at http://gigamining.com/mgpumon/
Best,
gigavpsThe new contract is so far from this. I want a refund. I was originally going to pay for an upgrade before GLBSE shut down, I was very impressed by giga back then. Notice the following. The original contract that we bought rights to says perpetual, the new contract is limited. The original contract said maintenance free, the new one pays for it. Add in that giga ends up our address/identity. Oh, and even if you don't hold many shares you have to pay notaries to get them back. Finally we can't give our claim rights to anyone else. If anyone wants to claim my shares I would be willing to handle all emails associated with my glbse address.