Relaunched on Cryptostocks! Bitbond (Cryptostocks ticker BITBOND) is a perpetual mining bond where you can buy mining power and receive weekly mining payouts, without buying and maintaining expensive hardware. Payouts will continue indefinitely. Bond features

A total of 200Gh/s offered in 2Mh/s increments
Weekly payouts are 105% of PPS
PPS means no variance
Perpetual - no expiration date
Buyback provision at 110% of 15 day Cryptostocks average

Benefits over other bonds

105% PPS means more bitcoins - a bigger payout and more coins before difficulty increases
Positive ROI several weeks quicker - up to 13 weeks sooner
Higher buyback provision - get paid more if I buy back the bonds

FAQ When would payouts begin? Payouts started on 4/8/2012 See the post after this for payout history How long will it take to start mining? Mining started on Saturday 4/7 at 2 PM. It is a subset of my mining hash power currently on maxbtc.com What is your hardware setup? I exclusively run GPUs for mining due to my low power costs. I may offer further bonds in the future with FPGA hardware if the economics are right and the FPGA vendor can deliver when I need it Why/how 105% PPS? First, I will be doing merged mining so those coins will be used to increase the pay per share. Also, I would like to offer a good value for each bondholder. The extra 5% will add up over the weeks, months, years. If reinvested it will greatly accelerate ROI compared to 100% PPS options. What if you have technical issues/downtime? I have more than 210 Gh/s operating with a total capacity beyond 300 Gh/s. Should there be any downtime, I will contribute hashes from my personal farm to ensure the full dividend is paid each week.