SkepsiDyne Integrated Node is a mining company that is publicly listed on GLBSE.com under the ticker SIN.
As of June 28, we've sold 1,853 shares, and sold the BTC raised for over $13,000.
We currently have 9 rigs producing ~8.1 Ghash/sec.
To date we have made 2 dividend payments totaling 70.13 BTC.
Mission
Our mission is simple: provide an alternative to those who would like to enjoy the income of mining but do not have the money, time, or expertise to operate a dedicated mining rig on their own. By combining our resources, we can overcome certain limitation that the average individual faces.
Structure
Each share entitles the owner to a percentage of SIN's profits. I hold an amount of shares equal to the number of shares sold from the IPO + 1, and receives dividends on that basis. These shares are paid off from dividends, so all dividends paid to me are reinvested back into the company in order to pay for my shares. I will collect dividends normally once these shares are paid for.
Dividends
Dividends are paid out weekly. Dividends are the profits of the company (generated BTC - expenses.) The percentage of profits paid out varies depending on BTC generated the previous week as well as investment levels. When dividends are paid out, a report detailing the financial situation of the company is issued, detailing production, expenses, purchases, etc.
Shares can be purchased at GLBSE.com. Depending on the current sell orders, there may be people selling shares for less than the IPO, so if you want to invest directly into the company, you can PM me your GLBSE account ID and the number of shares you wish to purchase and I will send you an address to send the BTC to. Once I receive the BTC, I will directly transfer the shares to your GLBSE account.
To see the status and production of the current rigs, which are mining on BTCmine.com, go to http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e.
I can be contacted via PM or at thetawsix@gmail.com.
Courtesy of sharp, here is a graph of the historical hash rates of the rigs:
More graphs can be found here.
To newbies who cannot post questions or are having trouble with GLBSE's command line interface, please feel free to PM or email me, I am more than willing to help!
As of June 28, we've sold 1,853 shares, and sold the BTC raised for over $13,000.
We currently have 9 rigs producing ~8.1 Ghash/sec.
To date we have made 2 dividend payments totaling 70.13 BTC.
Mission
Our mission is simple: provide an alternative to those who would like to enjoy the income of mining but do not have the money, time, or expertise to operate a dedicated mining rig on their own. By combining our resources, we can overcome certain limitation that the average individual faces.
Structure
Each share entitles the owner to a percentage of SIN's profits. I hold an amount of shares equal to the number of shares sold from the IPO + 1, and receives dividends on that basis. These shares are paid off from dividends, so all dividends paid to me are reinvested back into the company in order to pay for my shares. I will collect dividends normally once these shares are paid for.
Dividends
Dividends are paid out weekly. Dividends are the profits of the company (generated BTC - expenses.) The percentage of profits paid out varies depending on BTC generated the previous week as well as investment levels. When dividends are paid out, a report detailing the financial situation of the company is issued, detailing production, expenses, purchases, etc.
Shares can be purchased at GLBSE.com. Depending on the current sell orders, there may be people selling shares for less than the IPO, so if you want to invest directly into the company, you can PM me your GLBSE account ID and the number of shares you wish to purchase and I will send you an address to send the BTC to. Once I receive the BTC, I will directly transfer the shares to your GLBSE account.
To see the status and production of the current rigs, which are mining on BTCmine.com, go to http://btcmine.com/api/getstats/020d055f94131c4b29baeca9915c7e04917bb18e.
I can be contacted via PM or at thetawsix@gmail.com.
Courtesy of sharp, here is a graph of the historical hash rates of the rigs:
More graphs can be found here.
To newbies who cannot post questions or are having trouble with GLBSE's command line interface, please feel free to PM or email me, I am more than willing to help!